Startups

Superlight Raises $21 Million Series A To Transform Middle Mile Logistics With Electric Trucks

By Amit Chowdhry ● Jun 22, 2026

Superlight announced that it has raised an oversubscribed $21 million Series A round. The round was co-led by Engine Ventures and 2150, bringing Superlight’s total funding raised to date to $33 million.

Baseten Raises $1.5 Billion Series F To Power AI Inference

By Amit Chowdhry ● Jun 22, 2026

Baseten announced that it has raised a $1.5 billion Series F financing round. The round was led by Altimeter Capital, Conviction, and Spark Capital. Sands Capital and Wellington Management also participated as co-leads. Other investors in the round included IVP, Greylock, 01A, Blackbird, Durable Capital Partners, Verified Capital, Battery Ventures, D. E. Shaw Ventures, and existing investors.

Nearfield Instruments Raises $380 Million Series D At $1.6 Billion Valuation

By Amit Chowdhry ● Jun 22, 2026

Nearfield Instruments announced that it has closed a $380 million Series D funding round. The financing values the company at $1.6 billion. Nearfield said the round is the largest deep-tech funding round ever completed in the Netherlands. The round was led by new investor Fidelity Management & Research Company, along with Temasek, Walden Catalyst Ventures, Innovation Industries, M&G Investments, and Invest-NL.

DeepSeek Reportedly Raises $7.4 Billion At More Than $50 Billion Valuation

By Amit Chowdhry ● Jun 22, 2026

DeepSeek has reportedly raised more than $7.4 billion in its first external funding round, according to The WSJ.

Ploy Raises $27 Million Seed Round To Launch AI Growth Platform

By Amit Chowdhry ● Jun 22, 2026

Ploy announced that it has launched out of stealth with a $27 million seed round. The round was led by First Round Capital and Y Combinator.

Renaiss Raises $1.5 Million To Build RWA Infrastructure For Collectibles

By Amit Chowdhry ● Jun 22, 2026

Renaiss announced that it has raised $1.5 million in its first funding round. The round was led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family, Redline Labs, and angel investors from Mask Network, Far East Group, Logoman, Hoopi, and Legit App.

Tugboat Raises $3 Million Seed Round To Expand Insurance Claim Support Platform

By Amit Chowdhry ● Jun 22, 2026

Tugboat announced that it has raised an oversubscribed $3 million seed round to scale its consumer insurance support platform. The round was led by ResilienceVC, with participation from South Dakota First, gener8tor, Sure Ventures, Acumen America, and other strategic investors.

Volato Closes $2.2 Million PIPE Financing Priced At $0.34 Per Share

By Amit Chowdhry ● Jun 22, 2026

Volato Group announced that it has closed a $2.2 million private investment in public equity financing. The PIPE financing was priced at $0.34 per share.

Seedcamp Raises $320 Million To Back Next Generation Of Global Companies

By Amit Chowdhry ● Jun 22, 2026

Seedcamp announced that it has raised $320 million to invest in the next generation of global companies. The new capital includes $220 million for Seedcamp VII, the firm’s flagship first-check fund, and $100 million for its Select fund, which is focused primarily on backing portfolio companies as they scale toward Series B and beyond.

Bionyra Pharma Raises $165 Million Series A To Advance Biologics For Inflammatory Diseases

By Amit Chowdhry ● Jun 22, 2026

Bionyra Pharma announced its launch and an oversubscribed $165 million Series A financing round. The round was co-led by Jeito Capital and Sofinnova Partners. Arkin Bio, Sanofi Ventures, Sixty Degree Capital, Vives Partners, and Apollo Health Ventures also participated.

H3 Zoom Raises $3.6 Million Series A To Scale AI-Powered Inspection Intelligence

By Amit Chowdhry ● Jun 22, 2026

H3 Zoom announced the final close of its oversubscribed USD$3.6 million Series A funding round. The round was led by JRE VENTURES, the corporate venture capital arm of East Japan Railway Company. SGInnovate and M7 Holdings also participated.

ChemT Biotechnology Raises US$5 Million To Bring AI To Biomanufacturing

By Amit Chowdhry ● Jun 22, 2026

ChemT Biotechnology announced that it has raised US$5 million in total funding over the past 18 months. The total includes US$1 million in angel investment and a US$4 million seed round. The seed round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners. SEEDS, an arm of SG Growth Capital, also participated.

DropGenie Raises Seed+ Financing To Accelerate First Product Launch

By Amit Chowdhry ● Jun 22, 2026

DropGenie announced the closing of its Seed+ financing round to support the launch of its first product. The round was led by Skeleton Key. New investors Merck Global Health Innovation Fund and CQDM also joined the financing, with continued participation from existing investors Real Ventures and Anges Québec.

HistoSonics Announces Financing At $3.75 Billion Valuation For Histotripsy Therapy Platforms

By Amit Chowdhry ● Jun 22, 2026

HistoSonics announced the closing of a new financing round with participation from Reed Jobs and Yosemite, along with several new strategic investors. The financing values the company at $3.75 billion. Additional financing terms were not disclosed.

Upscale AI Raises $190 Million Series A-1 At $2 Billion Valuation For AI Networking Infrastructure

By Amit Chowdhry ● Jun 22, 2026

Upscale AI announced that it has raised $190 million in Series A-1 financing. The extension brings the company’s total funding to $500 million and its current valuation to $2 billion. The Series A-1 round was led by Premji Invest. New investors in the round included NVIDIA, Salesforce Ventures, Seligman Ventures, and Temasek. Existing investors Maverick Silicon, Mayfield, Prosperity7 Ventures, StepStone Group, and Tiger Global also participated.

Syntax Bio Raises $14.4 Million Series A And Announces Leadership Appointments

By Amit Chowdhry ● Jun 22, 2026

Syntax Bio announced an expanded Series A round and several leadership appointments across its executive team, board of directors, and scientific advisory board. The expanded round brings Syntax Bio’s Series A to $14.4 million and total funding to more than $25 million.

Devplan Raises $2.5 Million Seed Round To Build Product Intelligence Platform For Software Teams

By Amit Chowdhry ● Jun 21, 2026

Devplan announced its launch and the closing of $2.5 million in seed funding. The round was led by AI2 Incubator and Acequia Capital, with participation from Mighty Capital, Grand Ventures, and eLab Ventures.

Cargofy Raises $6 Million Series A To Build Digital Employees For Logistics

By Amit Chowdhry ● Jun 21, 2026

Cargofy announced that it has raised $6 million in Series A funding. The round was led by u.ventures, Toloka.vc, and Movens Capital. Des Traynor, co-founder of Intercom and Fin, also participated in the round.

Verse Raises $54 Million Series B To Accelerate Power Access For AI Data Centers

By Amit Chowdhry ● Jun 21, 2026

Verse announced that it has raised an oversubscribed $54 million Series B funding round. The round was led by Bessemer Venture Partners, with participation from GV, NVIDIA, Norrsken VC, and others.

CNTXT AI Raises $60 Million Series A To Deploy Sovereign AI Globally

By Amit Chowdhry ● Jun 21, 2026

CNTXT AI announced that it has closed a $60 million Series A funding round. The round was co-led by AI71, Abu Dhabi’s applied AI company focused on sovereign and domain-specialized AI, and BlueFive Capital, a global asset manager originating from the GCC.

Turbo Law Raises $3.8 Million Seed Round To Launch AI Platform For Complex Litigation

By Amit Chowdhry ● Jun 21, 2026

Turbo Law announced the launch of its platform and the closing of a $3.8 million seed funding round. The round was led by Revo Capital, with participation from Treeo VC, BridgeX Ventures, Alchemist Accelerator, John E. Hall, Jr., Gokul Rajaram, Keith Kitani, and a group of technology and litigation partners.

Karta Raises $140 Million To Bring U.S. Credit Cards To Global Travelers

By Amit Chowdhry ● Jun 21, 2026

Karta announced that it has raised $140 million in new financing, including a $15 million Series A round and a $125 million credit facility. The Series A round was led by Galaxy Ventures, with participation from Illuminate, Canary, Clocktower Ventures, and other investors. The $125 million debt facility was provided by Community Investment Management.

Gradial Raises $65 Million Series C To Build Enterprise Marketing AI Platform

By Amit Chowdhry ● Jun 21, 2026

Gradial announced that it has raised $65 million in Series C funding to build what it describes as the first system of work for enterprise marketing. The round was led by Insight Partners, alongside VMG, Madrona, and PruVen. Gradial said it has now raised more than $110 million over the past 16 months.

Dream Raises $260 Million At $3 Billion Valuation For Sovereign AI Platform

By Amit Chowdhry ● Jun 20, 2026

Dream announced that it has raised $260 million in funding to expand its sovereign AI and cyber defense platforms for governments and critical infrastructure. The round was co-led by Bicycle Capital and Group 11, with participation from Antler, Bain Capital Ventures, Tru Arrow Partners, and other global investors. The financing values Dream at $3 billion, three years after the company was founded.

Memento Medicines Raises $93 Million Series A For Retinal Disease Therapy

By Amit Chowdhry ● Jun 20, 2026

Memento Medicines announced the completion of a $93 million Series A financing round to advance MMT-205, its lead biologic therapy for retinal diseases. The round was co-led by Forbion, RA Capital Management, and Avego BioScience Capital, with participation from Sanofi Ventures and Samsara BioCapital.

Cuprum Metals Raises $19.4 Million To Scale Copper Extraction Technology

By Amit Chowdhry ● Jun 20, 2026

Channel Robotics Raises $4.6 Million For Handheld Endoscopic Robotics Platform

By Amit Chowdhry ● Jun 20, 2026

Channel Robotics announced that it has raised $4.6 million in total funding to advance its handheld AI-enabled endoscopic robotic platform.

Connie Health Raises $40 Million And Acquires Clearlink’s Medicare Business

By Amit Chowdhry ● Jun 19, 2026

Connie Health announced the completion of its acquisition and integration of Clearlink’s Medicare business. The deal marks Connie Health’s 10th completed acquisition and expands its AI-native Medicare navigation platform. Financial terms of the acquisition were not disclosed.

Critical Energy Raises $22 Million Seed Round To Scale Modular Turbine Power Systems

By Amit Chowdhry ● Jun 19, 2026

Critical Energy announced that it has raised $22 million in seed funding to accelerate deployment of its modular, factory-built turbine power generation systems.

Maia Raises $1.2 Million To Accelerate AI-Powered Medical Coding And RCM For Orthopaedic Practices

By Amit Chowdhry ● Jun 19, 2026

Maia announced it has closed a $1.2 million seed funding round to accelerate development of its AI-powered medical coding and revenue cycle management platform for orthopaedic practices.