Startups

Chai Discovery Raises $400 Million Series C To Advance AI-Driven Molecular Design

By Amit Chowdhry ● Jul 14, 2026

Chai Discovery announced a $400 million Series C financing to accelerate the development and deployment of its AI-driven molecular design platform. The round valued Chai Discovery at $3.8 billion. It was led by Index Ventures alongside Kleiner Perkins, Sequoia Capital, and Dimension. New investors in the round included Bain Capital Ventures, Battery Ventures, Baillie Gifford, BDT & MSD, Sapphire Ventures, Avra Capital, and other notable investors. Existing investors Thrive Capital, OpenAI, Oak HC/FT, Menlo Ventures, General Catalyst, Glade Brook, Avenir, Lachy Groom, and Yosemite also participated.

Prosperity Partners Receives Majority Growth Investment From Lightyear Capital

By Amit Chowdhry ● Jul 14, 2026

Prosperity Partners, a Chicago-headquartered tax, client accounting and transaction support services firm, has announced a majority growth investment from Lightyear Capital, a New York-based private equity firm with approximately $8.1 billion in assets under management. Unity Partners, which invested in Prosperity in April 2023, will retain a minority position in the company. The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals. Financial terms were not disclosed.

Velocity Raises $38 Million Series A To Scale Enterprise Stablecoin Treasury And Settlement Infrastructure

By Amit Chowdhry ● Jul 14, 2026

Velocity, a London-based stablecoin treasury and settlement platform founded in 2025, has raised a $38 million Series A led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple.

TYLsemi Raises $43 Million To Launch First Full-Stack Chiplet Platform For Custom AI Silicon

By Amit Chowdhry ● Jul 14, 2026

TYLsemi, a San Jose-based chiplet platform company, has emerged from stealth and closed an oversubscribed $43 million early-stage funding round to accelerate development of AI infrastructure silicon. The round was led by Matter Venture Partners with participation from Viola Ventures, GHOVC, Egis Technology and strategic investors across the global semiconductor and AI infrastructure ecosystem.

Cognify Health Raises Seed Funding To Build Healthcare Platform For Youth Sports

By Amit Chowdhry ● Jul 14, 2026

Cognify Health announced a seed funding round led by Game Changers Ventures. The company is building a healthcare platform for youth athletics, starting with concussion care.

Prolo Raises £4.2 Million Seed To Bring AI-Powered Procurement To SME Construction Contractors

By Amit Chowdhry ● Jul 14, 2026

Prolo, a London-based AI-powered procurement platform designed to help SME construction firms source materials, equipment and plant hire at competitive market rates, has closed an oversubscribed £4.2 million Seed round. The round was led by Triple Point Ventures and joined by a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures and Portfolio Ventures. Proceeds will fund go-to-market sales and marketing and accelerate new technology and product rollouts to support the company's growing base of SME contractor customers.

InstaLILY Raises $60 Million Series B And Launches Lily As An AI Forward Deployed Engineer

By Amit Chowdhry ● Jul 14, 2026

InstaLILY AI, creator of the world's first AI Forward Deployed Engineer, announced a $60 million Series B round led by Energize Capital, with participation from Insight Partners, which increased its investment, and new strategic investors including Home Depot Ventures and United Rentals. The round brings the company's total raised to nearly $100 million, and revenue grew 5x over the past year.

Feenko Secures $30 Million In User Acquisition Financing From PvX Partners To Scale Subscription Management App

By Amit Chowdhry ● Jul 14, 2026

Feenko, a Kyiv-based smart subscription tracking and management app, has secured $30 million in user acquisition financing from PvX Partners, a financial services firm specializing in non-dilutive revolving credit facilities for consumer applications. The capital will be used to accelerate user growth and expand Feenko's reach across key international markets as demand for subscription management tools continues to grow alongside the proliferation of recurring digital charges.

Hadrius Raises $27 Million To Build Agentic Compliance Infrastructure For Financial Services

By Amit Chowdhry ● Jul 14, 2026

Hadrius announced that it raised $27 million in seed and Series A funding led by CRV, with participation from Y Combinator, Pathlight Ventures, and the founders of Altruist, Jump AI, and FINNY.

Guthrie AI Raises $4 Million Seed Funding To Scale Virtual Bid Assistant Platform For Glazing Contractors

By Amit Chowdhry ● Jul 14, 2026

Guthrie AI, a Philadelphia-based construction technology company that recruits, trains, and places Virtual Bid Assistants for glazing contractors, has raised a $4 million seed round led by Chicago Ventures. The funding will expand Guthrie AI's engineering team, deepen integrations with tools estimators already use, including Bluebeam, Outlook and Excel—and grow the platform that makes it easy for glazing contractors to hire, supervise and work with a trained bid assistant from day one.

Corner Health Raises $32.5 Million in Seed and Series A Financing to Rebuild Primary Care

By Amit Chowdhry ● Jul 14, 2026

Corner Health, a company designed to rebuild the healthcare system by empowering Nurse Practitioners to start and scale their own local primary care practices, announced it has raised $32.5 million in Seed and Series A financing. The Series A was led by Oak HC/FT, with participation from existing investors First Round Capital and Zigg Capital. The investment follows a period of rapid growth for Corner Health, which has established a network of more than 70 provider-owned primary care practices, making it the fastest-growing primary care network in Arizona and Washington and enabling 35,000-plus patient visits over the past year.

Thira Raises $21 Million Seed To Build Self-Learning AI Back-Office Platform

By Amit Chowdhry ● Jul 14, 2026

Thira announced that it raised $21 million in seed funding led by Madrona, with participation from FUSE and a group of global advisors and CIOs.

Draig Therapeutics Closes $65 Million Series B To Advance AMPA And GABAA Receptor Modulators In Neuropsychiatric Disorders

By Amit Chowdhry ● Jul 14, 2026

Draig Therapeutics, a clinical-stage biopharmaceutical company co-founded by Cardiff University and SV Health Investors and headquartered across Newton, Massachusetts and Cardiff, United Kingdom, has closed an oversubscribed $65 million Series B financing. The round was led by new investor Deep Track Capital, with participation from Janus Henderson Investors, Marshall Wace, British Business Bank and Jefferson Life Sciences, joining existing backers SV Health Investors, ICG, Access Biotechnology, Canaan Partners, SR One, Sanofi Ventures and Schroders Capital. Proceeds will be used to accelerate clinical development of the company's pipeline of highly specific AMPA receptor and GABAA receptor modulators.

Cover Genius Raises $100 Million From Vista Credit Partners At $1.9 Billion Valuation

By Amit Chowdhry ● Jul 14, 2026

Cover Genius, the global infrastructure for embedded protection, announced a $100 million capital raise backed by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on enterprise software. The raise values Cover Genius at $1.9 billion, marking a new chapter for the company.

Valarian Raises $50 Million Series A To Build Sovereign Infrastructure For AI-Driven Systems

By Amit Chowdhry ● Jul 14, 2026

Valarian announced that it raised $50 million in Series A funding led by New Enterprise Associates, bringing the company’s total funding raised to $70 million.

Quadric Raises $46 Million Series C To Advance Programmable AI Chip Platform

By Amit Chowdhry ● Jul 13, 2026

Quadric announced the second close of its Series C financing, bringing the round to $46 million and total capital raised to $90 million. The second close was led by the International Finance Corporation, the private sector arm of the World Bank Group.

PixVerse Raises Series C Total To $439 Million And Expands Into Interactive Entertainment

By Amit Chowdhry ● Jul 13, 2026

PixVerse announced the completion of its Series C extension, bringing total Series C fundraising to $439 million. The company said the financing supports its expansion from AI video generation into games and interactive entertainment. The round was extended following continued interest from international investors and strategic partners across media, entertainment, and technology. New investors in the extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha.

Finto Raises $3.4 Million To Bring AI Agents Into Enterprise Accounting

By Amit Chowdhry ● Jul 13, 2026

Finto announced that it raised $3.4 million to bring AI agents into enterprise accounting workflows. The round included backing from Y Combinator, Gradient, and Lightspeed. The financing also included participation from finance leaders with experience managing accounting operations at scale, including SAP Chief Controller Lukas Deutsch, former Everllence CFO Jürgen Klöpffer, and GBS leader Michael Felix.

FACTOR X Emerges From Stealth To Develop RNA-Based Skin Longevity Platform

By Amit Chowdhry ● Jul 13, 2026

FACTOR X announced its official launch as a longevity-focused beauty technology company developing a cellular delivery platform for next-generation skincare products. The company was founded by entrepreneur and model Bar Refaeli, longevity physician Dr. Inbal Gat, Harvard-trained scientist Dr. Shira Orr, and health-tech entrepreneur Eran Orr. FACTOR X said the founding team combines scientific expertise, longevity medicine, global brand experience, and health technology commercialization.

Milo Drive Raises $2.4 Million To Build EV Fleet Infrastructure In India

By Amit Chowdhry ● Jul 13, 2026

Milo Drive raised $2.4 million in a funding round led by Caret Capital. Milo Drive is a tech-led platform building operating infrastructure for India’s next generation of decentralized electric vehicle fleets. The company is focused on supporting the growth of EV adoption in ride-hailing and other mobility use cases.

Skapion Raises $36 Million Seed To Build Next-Generation Defense Systems

By Amit Chowdhry ● Jul 13, 2026

Skapion announced a $36 million seed funding round to support the development of next-generation defense systems. The company said the funding will help advance its work on technologies designed to protect against current and emerging adversary threats. Skapion is positioning its platform around the need for defense capabilities that can evolve as threats become more complex.

Ravee Optics Secures $6 Million Seed To Move More Data Across Satellite Networks

By Amit Chowdhry ● Jul 13, 2026

Ravee Optics announced an oversubscribed $6 million seed funding round to advance laser communication systems designed to move large volumes of data across satellite networks. The round was led by BIG Capital, a Vietnam-based investment firm with several space technology investments. JobsOhio Ventures and CincyTech also participated in the financing.

Drug Farm Completes First Closing Of $55 Million Series D Financing

By Amit Chowdhry ● Jul 13, 2026

Drug Farm announced the successful first closing of its $55 million Series D financing to advance its clinical and preclinical development pipeline. The round was co-led by Shanghai Pudong Leading Area Investment Center and Shanghai Puxing Collaborative Private Equity Fund Partnership Enterprise. New investors in the financing included Tukar Capital, Fuzhou Xinhe Fund, Shenzhen Luohu Donghai Chempartner Investment Fund, and Keyuan Pharma. Existing investors also participated, including BioVeda China Fund, YD Capital, Jiashan State VC, Detong Capital, Wedo Capital, and Biometas.

Visibuilt Raises €3.34 Million To Advance Mycelium-Based Construction Binders

By Amit Chowdhry ● Jul 13, 2026

Visibuilt, a Danish biotechnology company developing biobased alternatives to conventional construction binders, has raised €3.34 million in seed funding. The round was co-led by EIFO and Unconventional Ventures, with participation from Proptechfonden and returning investor EMDFonden. The financing will support the continued development and commercialization of visiBINDER, Visibuilt’s mycelium-based binder designed for paving and infrastructure applications.

Reformed Raises $22 Million Series A To Expand Functional Coffee And Matcha Brand

By Amit Chowdhry ● Jul 13, 2026

Reformed, a functional beverage company combining premium coffee and ceremonial matcha with wellness-focused ingredients, has raised $22 million in Series A funding led by IRIS Ventures. Founded by Neil Saada and Neil Marrakchi, Reformed is developing products designed to incorporate functional wellness into routines that consumers already follow. The company’s approach centers on enhancing everyday beverages rather than asking customers to adopt entirely new habits.

Helsing Raises $1.8 Billion In Series E At $18 Billion Valuation For Defense Technology

By Amit Chowdhry ● Jul 13, 2026

Helsing, a European defense technology company specializing in artificial intelligence, announced that it has raised $1.8 billion in Series E funding at an $18 billion valuation. The financing included participation from new and existing investors, including Dragoneer Investment Group, Lightspeed Venture Partners, Disruptive, ICONIQ, Growth Equity at Goldman Sachs Alternatives, JPMorganChase, CPP Investments, General Catalyst, Plural, and StepStone Group.

Hephae Energy Technology Raises $17.8 Million Series A To Commercialize Superhot Drilling Technology

By Amit Chowdhry ● Jul 12, 2026

Hephae Energy Technology announced the closing of a $17.8 million Series A funding round to accelerate the commercial deployment of its advanced drilling systems for next-generation geothermal energy development. The round was co-led by Susquehanna Sustainable Investments and Underground Ventures. Participants included alfa8, Baruch Future Ventures, Centaurus Capital LP, Elemental Impact, Exa Ventures, Future Ventures, Grantham Foundation for The Protection of the Environment, New System Ventures, and True North Institute, joining existing investor Nabors Industries.

Axle Energy Raises $25 Million Series A To Expand Distributed Energy Platform

By Amit Chowdhry ● Jul 12, 2026

Axle Energy announced a $25 million Series A funding round to accelerate its global expansion. The round was led by Energize Capital, with participation from returning investors Accel, Picus Capital, and Eka Ventures.

Birdsview Raises €2.5 Million Seed To Scale Avys AI Retention Agent For Retailers

By Amit Chowdhry ● Jul 12, 2026

Birdsview announced a €2.5 million seed round to support Avys, its AI-powered digital worker designed to help retailers grow repeat purchases. The round was backed by Fortino Ventures and Newion. Fortino Ventures has backed Billy Grace, an AI marketing platform in the Benelux, while Newion was an early investor in Parloa, an AI agent company that reached unicorn status.

En Carta Diagnostics Raises €5 Million To Advance At-Home Molecular Diagnostics Platform

By Amit Chowdhry ● Jul 12, 2026

En Carta Diagnostics announced a €5 million funding round to advance its molecular diagnostics platform and support its commercial launch. The round combines investment led by Blue Forest Ventures, participation from Ring Capital, and support from existing investors CentraleSupélec Venture and 50 Partners Health. The financing also includes non-dilutive funding from Bpifrance and other partners.