Startups

Impart Security: $12 Million Series A Raised For Application Detection And Response Platform

By Amit Chowdhry ● Jun 12, 2025

Impart Security announced the general availability of the industry's first Application Detection and Response Engineering Platform, trusted by security teams to build autonomous workflows for production environments. This launch is accompanied by a $12 million Series A funding round led by Madrona Ventures, with participation from CRV and 8-Bit Capital.

Plug And Play: $50 Million Closed For Fintech & AI Fund

By Amit Chowdhry ● Jun 11, 2025

Plug and Play, which is one of the world's most active early-stage investors, announced the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total.

Farsight: $16 Million Secured For Automating Financial Workflows

By Amit Chowdhry ● Jun 11, 2025

Farsight, a pioneering technology company transforming workflows and insights at financial institutions, has announced a Series A fundraise, raising $16 million in capital. This funding round was led by SignalFire, with participation from RRE Ventures, Link Ventures and K5 Ventures as well as contributions from many strategic angel investors at firms including Blackstone, Oaktree, Searchlight, Bank of America and more.

SpliceBio: $135 Million Series B Secured For Advancing Lead Program SB-007

By Amit Chowdhry ● Jun 11, 2025

SpliceBio, a clinical-stage genetic medicines company pioneering Protein Splicing to address diseases caused by mutations in large genes, announced the closing of a $135 million Series B financing co-led by new investors EQT Life Sciences and Sanofi Ventures, with participation from Roche Venture Fund, and all existing investors New Enterprise Associates, UCB Ventures, Ysios Capital, Gilde Healthcare, Novartis Venture Fund, and Asabys Partners.

Atraverse Medical: $29 Million Secured For Advancing Commercialization Of HOTWIRE

By Amit Chowdhry ● Jun 11, 2025

Atraverse Medical, a medical device company pioneering next-generation transseptal access technology, announced the closing of a $29.4 million follow-on financing to advance growth.

Wealthbox: $200 Million Secured For Advancing Financial CRM Expansion

By Amit Chowdhry ● Jun 11, 2025

Wealthbox, a CRM software platform for financial advisors, announced that it has entered into a definitive agreement for a $200 million strategic majority investment from Sixth Street Growth.

Trustible: $4.6 Million Seed Funding Raised For AI Governance Platform

By Amit Chowdhry ● Jun 11, 2025

Trustible, a leading AI governance platform that enables safe and compliant AI adoption, today announced a $4.6 million Seed Series financing round. The round was led by Lookout Ventures, with participation from the Office of Eric Schmidt, Tau Ventures, Inner Loop Capital, Alumni Ventures, FoundersX, former Deloitte CIO Larry Quinlan, former Relativity CEO Mike Gamson, and former Washington DC Mayor Adrian Fenty, alongside existing investors Harlem Capital, Vamos Ventures, and JHH VC.

Glean: $150 Million Series F Raised At $7.2 Billion Valuation For Advancing Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Glean announced it has raised $150 million in Series F funding at a $7.2 billion valuation, advancing the company's mission to transform how enterprises unlock their collective knowledge through AI. The funding round was led by Wellington Management, with participation from new investors including Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital; and existing investors including Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital.

Fabriq: $25 Million Raised For Advancing Lean Manufacturing Operations

By Amit Chowdhry ● Jun 11, 2025

Fabriq, the Lean Daily Management (LDM) SaaS platform that empowers frontline manufacturing teams, announced that it has closed a $25 million growth equity investment led by Expedition Growth Capital, alongside its existing investor OSS Ventures.

Manex AI: €8 Million Seed Round Closed For Enabling Autonomous Factories

By Amit Chowdhry ● Jun 11, 2025

Manex AI (formerly Datagon AI), an AI-based software platform for industrial quality management and process steering, announced a €8M seed round to build the control layer for autonomous manufacturing. The funding round was led by Lightspeed Venture Partners and BlueYard Capital, with participation from Capmont Technology and the CDTM Venture Fund.

Simetrik: $30 Million Raised For Scaling AI Reconciliation Platform

By Amit Chowdhry ● Jun 11, 2025

Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives. Other Series B participants include Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures.

Sema4.ai: $25 Million Series A Extension Raised For Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Sema4.ai, an enterprise AI agent company, announced the general availability of its Sema4.ai Team Edition on Snowflake Marketplace. The company also revealed a $25 million Series A extension round, bringing its total Series A funding to $55.5 million. The funding round includes participation from Snowflake Ventures, Rocketship VC, MVP Ventures, and COX Enterprises, along with returning investors Mayfield and Benchmark.

Amperos Health: $4.2 Million Seed Funding Raised For AI Biller Platform

By Amit Chowdhry ● Jun 11, 2025

Amperos Health announced the launch of Amanda, the world's first AI biller specifically created for healthcare providers, designed to reduce denials and recover outstanding claims for revenue cycle management (RCM) teams. And Amperos has secured a $4.2 million seed funding round from top venture capital firms Uncork Capital, Neo, and Nebular, alongside strategic angel investors from OpenAI, Twilio, and Stripe, bringing its total funding to $5 million to date.

Merlin Ventures: $75 Million Inaugural Fund Closed

By Amit Chowdhry ● Jun 11, 2025

Merlin Ventures announced the closing of its oversubscribed inaugural fund, exceeding its $75 million target. And with a strong emphasis on the growing Israeli tech ecosystem, this landmark fund advances market opportunities for high-growth startups with next-generation cybersecurity technologies and disruptive cyber solutions.

Reserv: $25 Million Series B Raised For TPA Technology

By Amit Chowdhry ● Jun 11, 2025

Reserv, a tech-enabled third-party administrator (TPA), announced the completion of its $25 million Series B funding round. This oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv's total funding to $55 million.

Obvio: $22 Million Secured For AI-Based Traffic Safety

By Amit Chowdhry ● Jun 11, 2025

Obvio, a company that improves traffic safety with an AI-based traffic camera solution, announced $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures.

Allay Therapeutics: $57.5 Million Funding Raised For Advancing ATX101

By Amit Chowdhry ● Jun 11, 2025

Allay Therapeutics, a clinical-stage biotechnology company pioneering ultra-sustained analgesic products to transform post-surgical pain management and recovery, announced the completion of a $57.5 million Series D financing round with leading global investors. Lightstone Ventures and ClavystBio co-led the Series D financing with participation by existing investors NEA, Arboretum Ventures, Vertex Growth, Vertex Ventures Healthcare, and Brandon Capital. The new investors joining the round were IPD Capital, EDBI, and SGInnovate, and HSBC Innovation Banking also provided additional venture debt financing to the company.

Somnee: $10 Million Closed For Transforming Sleep With AI-Based Neurotech Sleep Wearables

By Amit Chowdhry ● Jun 10, 2025

Somnee – a leader in sleep technology delivering pioneering AI-powered neurotech and software – announced it has raised $10 million in a seed extension round. Somnee was launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and a group of scientists from the University of California, Berkeley. The funding round was led by Khosla Ventures, with participation from Marc Benioff’s TIME Ventures, LEAD VC (founded by the Adidas family), the NBA’s Orlando Magic ownership group (DeVos family), Seaside Ventures, Nelstone Ventures, and Metalab, among others.

Scalable Capital: €155 Million Raised For Expanding Digital Investment Platform

By Amit Chowdhry ● Jun 10, 2025

Scalable Capital announced it completed a funding round, raising €155 million ($175 million). This is the company’s largest funding round to date, led by Sofina and Noteus Partners. Existing investors Balderton Capital, Tencent, and HV Capital also participated, underlining their continued confidence in the company. Investors have now invested over €470 million (over $535 million) in Scalable Capital.

Ciroos: $21 Million Raised For Advancing AI-Based SRE Teammate

By Amit Chowdhry ● Jun 10, 2025

AI-based operations company Ciroos announced it has raised $21 million, led by Energy Impact Partners LP (EIP), to deliver the industry’s first extensible, multi-domain AI SRE Teammate for modern enterprise operations. And the company’s SRE Teammate enables site reliability engineers, DevOps, and operations teams to automate, augment, and drive autonomous operations to slash incident response time by 90%.

dataplor: $20.5 Million Series B Secured For Scaling Location Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

dataplor, a leading provider of global location intelligence, announced the closing of a $20.5 million Series B funding round, led by F-Prime, with participation from Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures.

Matterworks: Series A Funding Raised For Advancing Large Spectral Models

By Amit Chowdhry ● Jun 10, 2025

Matterworks, the category-defining pioneer unlocking unstructured molecular data for predictive biology, announced new Series A financing. The funding round was led by Lewis & Clark Partners and OMX Ventures, joined by Pillar VC, Germin8 Ventures, Intermountain Ventures, Tarsadia, and others.

Canid: $10 Million Raised For Advancing Vaccine Management

By Amit Chowdhry ● Jun 10, 2025

Canid, a healthcare technology company dedicated to streamlining pediatric vaccine management, announced it has raised $10 million in Series A funding led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB and others. The funding, which brings Canid’s total funding to $12.9 million, will support the company's expansion as it serves an increasing number of independent pediatricians across the United States.

Speedata: $44 Million Raised For Analytics Processing Unit Platform

By Amit Chowdhry ● Jun 10, 2025

Speedata, a first-of-its-kind Analytics Processing Unit (APU), was designed to advance big data analytic workloads by orders of magnitude across industries. The company announced the launch of its breakthrough chip. This announcement comes alongside a $44 million Series B funding round, bringing its total capital raised to $114 million.

Projectworks: $12 Million Added To Series A For Project Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

ProjectWorks, a project intelligence platform for fast-growing consulting firms, announced that it has secured $12 million in additional funding through its Series A round, led by new investor Ten Coves Capital, with existing investors including Bridgewest Group and Punakaiki Fund participating. This latest investment brings Projectworks' total funding to over $20 million.

Compyl: $12 Million Series A Raised For GRC Platform

By Amit Chowdhry ● Jun 10, 2025

Compyl, a unified Governance, Risk and Compliance (GRC) platform that turns complexity into data-driven insights and AI-guided action, announced that it has closed $12 million in Series A financing. The funding round was led by Venture Guides, an early-stage infrastructure software venture capital firm, with participation from existing investors Contour Venture Partners, Armory Square Ventures, nvp capital, Alpine Meridian Ventures, Brooklyn Bridge Ventures, and Zelkova Ventures.

Skyral: $20 Million Series A Secured For Simulation Technology

By Amit Chowdhry ● Jun 10, 2025

BRITISH modeling and simulation software company Skyral announced that it has raised $20 million in a Series A funding round led by European venture capital firm NOIA Capital.

3DBioFibR: $3 Million Secured For Advancing Biopolymer Fiber Manufacturing Platform

By Amit Chowdhry ● Jun 10, 2025

3DBioFibR, a leading manufacturer of advanced biopolymer fibers, announced the closing of a $3 million equity financing round. The funding follows a string of recently signed paid partnerships and collaborations across key sectors, including tissue engineering, medical devices, defense, cosmetics, and apparel, with several multinational corporations. This funding round drew participation from new and existing investors, including AoA Innovation Fund, Build Ventures, Invest Nova Scotia, and Concrete Ventures.

PopID: Biometric Identification Company Raises Equity Financing

By Amit Chowdhry ● Jun 10, 2025

PopID announced an equity financing round that includes investments from Verifone, PayPal, Commerce Ventures, Chipotle’s Cultivate Next venture fund, and Visa Ventures. This new funding follows previous investments from Cali Group and the Ching family.

Vivrelle: $62 Million Series C Raised For Luxury Accessories Membership Club

By Amit Chowdhry ● Jun 10, 2025

Vivrelle, a first-of-its-kind luxury accessories membership club, announced the closing of a $62 million Series C funding round from Protagonist.