Startups

Mezzion: $20 Million Raised For Advancing Phase 3 Clinical Development Of Udenafil For Fontan Patients

By Amit Chowdhry ● Jun 19, 2025

Mezzion Pharma announced a milestone in its clinical development program, having secured approximately $20 million in strategic funding to support the ongoing global Phase 3 FUEL-2 trial of udenafil for patients with Fontan circulation. The funding was led by Midas-Meritz New Technology Finance Association and KDBC-Korea Investment & Securities New Technology Investment Association, representing a decisive vote of confidence from top-tier institutional investors in Mezzion's late-stage pipeline and long-term growth strategy.

SpliceBio: $135 Million Series B Raised For Expanding Pipeline Of Genetic Medicines

By Amit Chowdhry ● Jun 19, 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, as well as all existing investors: New Enterprise Associates, UCB Ventures, Ysios Capital, Gilde Healthcare, Novartis Venture Fund, and Asabys Partners.

Teamworks: $235 Million Series F Raised At Over $1 Billion Valuation For AI-Based Sports Platform

By Amit Chowdhry ● Jun 18, 2025

Teamworks, an Operating System for Sports powering over 6,500 elite sports teams globally, announced it has secured $235 million in an oversubscribed Series F funding led by returning investor Dragoneer Investment Group.

Maven AGI: $50 Million Secured For Enterprise-Grade AI Platform

By Amit Chowdhry ● Jun 18, 2025

Maven AGI, an enterprise AI company unifying the full customer journey, announced it has raised $50 million in Series B funding. The funding round was led by Dell Technologies Capital, with participation from Cisco Investments, SE Ventures (the venture capital firm backed by Schneider Electric), and existing investors Lux Capital, M13, and E14. Several new investors are also becoming Maven customers and strategic partners, highlighting the company's role as foundational infrastructure in the emerging AI-powered enterprise. This funding round brings the company's total funding to $78 million.

Tennr: $101 Million Raised For Automating Referral-Based Care

By Amit Chowdhry ● Jun 18, 2025

Tennr is a company that built the first orchestration platform and language models designed to automate the labor-intensive workflows of referral-based care. The company has announced a $101 million Series C funding round led by IVP, with participation from new and existing investors, including Andreessen Horowitz, Lightspeed, GV, ICONIQ, Foundation Capital, and Frank Slootman.

Mach Industries: $100 Million Series B Raised For Advancing U.S. Defense Manufacturing

By Amit Chowdhry ● Jun 18, 2025

Mach Industries, a new industrial base for the unmanned era of American defense, announced the closing of its $100 million Series B. The funding round was led by Khosla Ventures and Bedrock, with participation from Sequoia Capital and existing investors. Bedrock previously backed the Company at the Seed stage and led its Series A.

Tebi: €30 Million Raised For Hospitality Operations Platform

By Amit Chowdhry ● Jun 18, 2025

Tebi, an Amsterdam-based startup developing an all-in-one financial operating system for hospitality, announced a €30 million investment led by Alphabet independent growth fund CapitalG, with participation from existing investor Index Ventures. This round follows Tebi’s €20 million Series A announced just six months ago and brings the company’s total funding to €56 million.

Nexus IT: $60 Million Raised For Cybersecurity Services

By Amit Chowdhry ● Jun 18, 2025

Nexus IT, a Managed Services and Cybersecurity provider, in partnership with Diatonic Healthcare, announced a $60 million capital commitment from Metropolitan Partners Group.

Aethero: $8.4 Million Raised For Building Space-Based Computing Platform

By Amit Chowdhry ● Jun 18, 2025

Aethero, a defense-focused startup building space-grade computers and autonomous satellite platforms, announced $8.4 million in seed funding today. The company’s seed funding round is led by Kindred Ventures with participation from Neo, Giant Step, O’Shaughnessy Ventures, and Alumni Ventures.

Laurel: $100 Million Closed For AI Time Platform

By Amit Chowdhry ● Jun 18, 2025

Laurel, the world’s first AI Time platform, announced it has raised $100 million in Series C funding led by IVP, with participation from GV (Google Ventures). Along with IVP and GV, new investors in the round, which consists of primary and secondary funding, also include: 01.a (created by former CEO and COO of Twitter & CRO of Facebook), Rahul Mehta (Managing Partner at DST Global), Kevin Weil (CPO at OpenAI), Alexis Ohanian, Vladimir Fedorov (CTO at GitHub), Arash Ferdowsi (co-founder of Dropbox), and Hans Tung. These investors join returning investors ACME, Anthos, Gokul Rajaram, AIX Ventures, and Marc Benioff’s TIME Ventures.

Arima Genomics: $22 Million Series C Funding Closed And Tom Willis Named As CEO

By Amit Chowdhry ● Jun 17, 2025

Arima Genomics - a company utilizing whole-genome sequence and structure information to provide comprehensive cancer therapy selection insights - announced the appointment of Tom Willis, PhD, as CEO and the closing of a $22 million Series C funding led by Illumina Ventures. The funding round includes participation from genomics pioneers John Stuelpnagel and Mostafa Ronaghi, PhD, as well as existing backers Co-Win Ventures and Berkeley Catalyst Fund. The leadership transition and new capital mark a strategic pivot as Arima strengthens its focus on transforming oncology testing.

Hypernative: $40 Million Series B Raised For Threat Prevention Platform

By Amit Chowdhry ● Jun 17, 2025

Hypernative, a leading provider of real-time threat prevention in Web3, announced a $40 million Series B funding round co-led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, and existing investors boldstart ventures, and IBI Tech Fund.

Daybreak: $15 Million Raised For Supply Chain Planning Platform

By Amit Chowdhry ● Jun 17, 2025

Daybreak, an AI-native supply chain planning platform, announced a $15 million Series A investment round from TPG Growth and Dell Technologies Capital to advance its mission of eliminating global inventory waste. The company also revealed the appointment of veteran AI executive Waleed Ayoub as Chief Technology Officer.

Ramp: $200 Million Series E Raised At $16 Billion Valuation For AI-Based Finance Platform

By Amit Chowdhry ● Jun 17, 2025

Ramp, a leading financial operations platform, announced a Series E funding round, bringing the valuation to $16 billion. And for the fifth time, a Ramp funding round was led by Founders Fund – the company's first and largest investor. It also included participation from Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital. With this round, Ramp has raised $1.4 billion in total equity financing.

ai.work: $10 Million Seed Funding Raised For AI Worker Platform

By Amit Chowdhry ● Jun 17, 2025

ai.work announced it exited stealth and raised $10 million in seed funding led by A* and lool ventures with participation from Firstminute Capital, FirsthandVC, Timeless Partners, SV Angel, Eckstein Capital, Liquid2, Crossover VC, and other strategic angel investors.

Antares Therapeutics: $177 Million Raised To Develop Precision Medicines For Cancer

By Amit Chowdhry ● Jun 17, 2025

Antares Therapeutics - a biotechnology company developing first-in-class precision medicines for cancer and other serious diseases - launched with $177 million in Series A financing. The funding was co-led by Omega Funds, Atlas Venture, Lightspeed Venture Partners, BVF Partners, and Cormorant Asset Management, with participation from Vinyanshu Ventures, Abingworth, Invus, Tenmile, Vida Ventures, and Willett Advisors.