Startups

Deel: $300 Million Series E At $17.3 Billion Valuation Raised For HR And Payroll Platform

By Amit Chowdhry ● Oct 17, 2025

Deel, a global HR and payroll leader, has raised $300 million in a Series E funding round, valuing the company at $17.3 billion. The round was led by new investor Ribbit Capital, joined by returning backers Andreessen Horowitz and Coatue Management, with participation from General Catalyst, Green Bay Ventures, and others.

Upgrade: $165 Million Series G Raised For Expanding Consumer Credit And Banking Platform

By Amit Chowdhry ● Oct 17, 2025

Upgrade, a leading fintech company providing affordable credit and banking products for mainstream consumers, announced it has raised $165 million in a Series G equity round. The funding round was led by Neuberger Berman Funds, with participation from LuminArx Capital Management. Existing investors, including DST Global and Ribbit Capital, also expanded their commitments to the company. As part of the deal, Peter Sterling, Head of Specialty Finance at Neuberger, will join Upgrade’s Board of Directors.

Stand Insurance: $35 Million Series B Raised For Expanding Into Florida

By Amit Chowdhry ● Oct 17, 2025

Stand Insurance, a company focused on reimagining coverage for high-risk properties, has raised $35 million in a Series B funding round to fuel its expansion into Florida. Eclipse led the round with participation from existing investors, Inspired Capital, Lowercarbon Capital, and Equal Ventures. Since launching just over a year ago, Stand has already underwritten $1 billion in insured value in California, primarily for homes exposed to wildfires.

OneLayer: $28 Million Series A Raised For Improving Private 5G Network Management And Security For Enterprises

By Amit Chowdhry ● Oct 17, 2025

OneLayer, a leading provider of private LTE/5G operational technology management and Zero Trust security solutions, has raised $28 million in an oversubscribed Series A funding round led by Maor Investments. The round included participation from McRock Capital, Chevron Technology Ventures, and existing backers Viola Ventures, Grove Ventures, and Koch Disruptive Technologies. This new funding brings OneLayer’s total funding to more than $43 million.

Second Nature: $22 Million Series B Raised For Expanding AI-Based Sales And Service Training

By Amit Chowdhry ● Oct 17, 2025

Second Nature, a leading AI-driven sales and service training company, has secured $22 million in a Series B funding round to accelerate the adoption of its next-generation conversational training technology. The round was led by Sienna VC, with participation from Bright Pixel, StageOne Ventures, Cardumen, Signals VC, and Zoom, which is also one of the company’s customers.

Brook.ai: $28 Million Series B Closed For Advancing Remote Care Platform

By Amit Chowdhry ● Oct 17, 2025

Brook.ai, an innovator in remote patient care, has secured $28 million in Series B financing to accelerate its national expansion and further advance its outcomes-driven model for continuous healthcare delivery. The funding round was co-led by UMass Memorial Health and Morningside, reflecting growing confidence in Brook’s ability to improve patient outcomes and address systemic healthcare challenges.

Aboon: $17.5 Million Raised To Improve 401(k) Management

By Amit Chowdhry ● Oct 17, 2025

Aboon, a next-generation AI-powered platform that streamlines how financial advisors launch and manage 401(k) plans for business owners, has raised $17.5 million in seed funding. The round was led by Bain Capital Ventures with participation from Altai Ventures, Runyon, Edward Jones Ventures, Outpost Ventures, and EJF Ventures.

Temple Digital Group: $5 Million Seed Funding Raised For Privacy-Focused Trading Platform

By Amit Chowdhry ● Oct 17, 2025

Temple Digital Group has secured $5 million in seed funding to develop a privacy-focused trading platform for digital assets, built on the Canton Network —a blockchain infrastructure designed for institutional-grade financial markets. The round was led by Paper Ventures, with additional participation from YZi, CMT Digital, Sfermion, Halo Capital, Protagonist, 5N Canton, Eterna Capital, AMA, GSR, Selini, Presto, and G20.

HistoSonics: $250 Million Growth Financing Raised For Improving Non-Invasive Tumor Therapy

By Amit Chowdhry ● Oct 17, 2025

HistoSonics, the developer of the Edison Histotripsy System and pioneer of the world’s first non-invasive histotripsy therapy platform, has closed an oversubscribed $250 million growth financing round. The funding, led by the company’s new ownership group and joined by prominent investors including Thiel Bio, Founders Fund, K5 Global, Bezos Expeditions, and Wellington Management, positions HistoSonics to expand its global presence and pursue new therapeutic applications across the body.

ATDev: $3 Million Seed Funding Closed For AI-Based Assistive Mobility Platform

By Amit Chowdhry ● Oct 17, 2025

Assistive Technology Development (ATDev), a leader in AI-driven rehabilitation and personal mobility solutions, announced the close of a $3 million Seed funding round to expand its ecosystem of intelligent mobility devices designed to empower people with physical disabilities. The funding round was led by Dobrzelecki Legacy Ventures, with participation from Uphonest Capital, The Life Science Angels, and several other strategic industry investors.

Kihealth: $5 Million Seed Funding Raised To Launch Diabetes Diagnostic Platform

By Amit Chowdhry ● Oct 17, 2025

Kihealth, a precision diagnostics company specializing in early disease detection, announced the close of its $5 million oversubscribed seed round, marking a major milestone in its mission to transform metabolic health screening. The investment round reflects strong investor confidence in Kihealth’s first-of-its-kind diagnostic technology, which recently earned the 2025 American Diabetes Association (ADA) Innovation of the Year Award.

Cartography Biosciences: $67 Million Series B Closed For Advancing Novel Antibody-Based Oncology Therapies

By Amit Chowdhry ● Oct 17, 2025

Cartography Biosciences, Inc., a precision oncology company developing next-generation T-cell engaging antibody therapeutics, announced it has closed a $67 million Series B financing to accelerate its differentiated pipeline toward the clinic. The round was led by Pfizer Ventures, with participation from new investors LG Corp, Amgen Ventures, Finchley H.V., Global BioAccess Fund, and Lotte Holdings CVC, alongside existing backers Andreessen Horowitz (a16z) Bio + Health, 8VC, Wing Venture Capital, Catalio Capital Management, AME Cloud Ventures, ARTIS Ventures, and Gaingels.

Cypher Games: $30 Million Series A Raised For Mobile Gaming Studio

By Amit Chowdhry ● Oct 17, 2025

Cypher Games, a mobile gaming studio focused on innovation in casual and social gameplay, announced the closing of a $30 million Series A funding round led by The Raine Group and Play Ventures. The oversubscribed round included participation from MIT, E2VC, and Huuuge Founder Anton Gauffin’s Big Bets, alongside existing backers including Discord CEO Humam Sakhnini, King Founder Riccardo Zacconi, and Tripledot Co-Founder Akin Babayigit.

Leyden Labs: €30 Million Secured From EIC And Invest-NL

By Amit Chowdhry ● Oct 17, 2025

Dutch biotechnology company Leyden Laboratories B.V. has secured €30 million in new equity financing from the European Innovation Council (EIC) Fund and Invest-NL. The investment will accelerate the clinical development of the company’s pan-influenza nasal spray (PanFlu) and further strengthen its mucosal protection platform, aimed at stopping respiratory viruses at their point of entry.

Jiko: Strategic Investment Raised For Banking And Liquidity Platform

By Amit Chowdhry ● Oct 17, 2025

Jiko, a banking and liquidity platform fully built on U.S. Treasury bills (T-bills), announced new strategic investments from Coinbase and Blockstream Capital Partners, alongside key partnerships with major industry players, including Crypto.com, Bitso, and Blockstream. The partnerships further establish Jiko as a preferred infrastructure provider for institutions seeking secure, yield-generating, and always-on financial solutions rooted in U.S. government-backed assets.

Jupiter Endovascular: $40 Million Series B Raised For Transforming Fixation Technology

By Amit Chowdhry ● Oct 17, 2025

Jupiter Endovascular, a medical technology company pioneering a new class of endovascular procedures with its proprietary Transforming Fixation (TFX) platform, announced the close of an oversubscribed Series B financing round that exceeded its $40 million target. The round was led by Sonder Capital, with participation from Senvest Management, LB Investment, and a new strategic corporate investor.

Affinia Therapeutics: $40 Million Series C Raised For Advancing Gene Therapies For Cardiovascular And Neurological Diseases

By Amit Chowdhry ● Oct 17, 2025

Affinia Therapeutics, a biotechnology company pioneering engineered adeno-associated virus (AAV) gene therapies for severe cardiovascular and neurological conditions, has announced the closing of a $40 million Series C financing round. The raise was led by New Enterprise Associates (NEA), with participation from new investor Eli Lilly & Company, as well as existing investors Alexandria Venture Investments, Atlas Venture, Avidity Partners, F-Prime Capital, GV (formerly Google Ventures), Mass General Brigham Ventures, and Perceptive Advisors.

Sugar Free Capital: $32 Million Inaugural Fund Launched

By Amit Chowdhry ● Oct 17, 2025

Sugar Free Capital has officially launched its first fund, a $32 million debut vehicle focused on investing in deeply technical founders, often alumni of the Massachusetts Institute of Technology (MIT), who are building the next generation of category-defining companies.

Lucio: $5 Million Raised For Expanding AI-Native Legal Workspace Globally

By Amit Chowdhry ● Oct 16, 2025

Lucio, a Bengaluru-based AI-native legal workspace platform built by lawyers for lawyers, announced it had raised $5 million in funding earlier this year to expand globally and deepen its product capabilities. The round was led by DeVC alongside high-net-worth investors Ashish Kacholia and Lashit Sanghvi, underscoring growing confidence in Lucio’s mission to transform the way legal professionals work with AI.

Coinflow: $25 Million Series A Secured For Global Payments Infrastructure

By Amit Chowdhry ● Oct 16, 2025

Coinflow, a Chicago-based next-generation payment service provider (PSP), has secured $25 million in Series A funding to expand its instant, fraud-proof global payments and payouts platform. The round was led by Pantera Capital, with participation from CMT Digital, Coinbase Ventures, The Fintech Fund, Jump Capital, Reciprocal Ventures, and founders and operators from more than a dozen leading fintech and blockchain companies.

Heidi: $65 Million Series B Raised For Building First AI Care Partner For Clinicians

By Amit Chowdhry ● Oct 16, 2025

Melbourne-based health technology company Heidi has closed a $65 million USD Series B funding round led by Point72 Private Investments, with continued participation from Blackbird, Headline, and Latitude, the growth fund of Phoenix Court. The funding round values the company at $465 million, bringing total funding to nearly $100 million as it accelerates its mission to build an AI Care Partner for every clinician.

Agio Ratings: $6 Million Raised For Enhancing Risk Intelligence For Digital Assets

By Amit Chowdhry ● Oct 16, 2025

Agio Ratings, a fast-rising innovator in digital asset risk assessment, announced it has raised $6 million in new funding led by AlbionVC, with additional participation from Portage Ventures and MS&AD. This latest round brings the company’s total funding to over $11 million, fueling its mission to deliver institutional-grade risk intelligence to financial institutions entering the digital asset markets.

Oath Surgical: $24 Million Series A Raised For Building AI-Based Surgeon-Led Network

By Amit Chowdhry ● Oct 16, 2025

Oath Surgical has secured $24 million in an oversubscribed Series A funding round led by FPV Ventures, with participation from McKesson Ventures and existing investors OSE, Black Opal Ventures, Tau Ventures, and Rogue VC. The new funding brings the company’s total funding to $35 million.

Daylight Energy: $75 Million Closed To Expand Decentralized Energy Network And Launch DayFi Protocol

By Amit Chowdhry ● Oct 16, 2025

Daylight Energy, a decentralized energy company focused on transforming homes into distributed power plants, announced it has raised $75 million to expand its crypto-powered network and introduce a decentralized finance (DeFi) platform for renewable energy investments. The funding includes $15 million in equity financing led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital. Additionally, Turtle Hill Capital led a $60 million project development facility to support deployment.

Splash: $14.5 Million Series B Closed For Improving Social Sports Gaming Platform

By Amit Chowdhry ● Oct 16, 2025

Splash Sports, a leading skill-based social sports gaming platform, announced that it has raised $14.5 million in Series B funding to accelerate its growth across the U.S. and Canada. The investment round was led by Dream Ventures with participation from Boston Seed, Velvet Sea Ventures, Green Wave Ventures, and Evolution Partners. The round also included participation from EP Golf Ventures, a partnership between the PGA of America and Elysian Park Ventures, the private investment arm affiliated with the Los Angeles Dodgers ownership group.

Quilter: $25 Million Series B Raised For Automating PCB Design With Physics-Driven AI

By Amit Chowdhry ● Oct 16, 2025

Quilter, a Los Angeles-based company pioneering fully autonomous printed circuit board (PCB) design through physics-driven artificial intelligence, announced a $25 million Series B funding round led by Index Ventures. The financing will accelerate Quilter’s commercial growth as it transforms PCB layout, which is the foundation of every hardware product, into a fully automated process.

Enurgen: $4.1 Million Seed Funding Closed For Advancing Expansion Of Solar Performance Software

By Amit Chowdhry ● Oct 16, 2025

Enurgen, an Ottawa-based developer of advanced solar energy yield performance software, announced it has closed a $4.1 million seed funding round to fuel global expansion and accelerate its product roadmap. The funding round was co-led by the Business Development Bank of Canada (BDC), Brightspark Ventures, and Diagram Ventures, with participation from MaRS IAF.

RunBuggy: $37 Million Series B Closed For AI-Based Automotive Logistics Platform

By Amit Chowdhry ● Oct 16, 2025

RunBuggy, a Phoenix-based technology company redefining automotive transportation and logistics, announced it has raised $37 million in Series B funding, led by Centana Growth Partners, a growth equity firm focused on financial services and technology. The funding round also included participation from OMI Capital, one of RunBuggy’s early investors.

EvenUp: $150 Million Series E At $2 Billion Valuation Raised For Improving Personal Injury Law

By Amit Chowdhry ● Oct 16, 2025

EvenUp, a San Francisco-based pioneer in AI-powered personal injury law, announced it has raised $150 million in Series E funding, bringing its valuation to over $2 billion. The funding round was led by Bessemer Venture Partners, with participation from REV (the venture arm of RELX, owner of LexisNexis Legal & Professional), B Capital, SignalFire, Adams Street, Premji Invest, Bain Capital, HarbourVest, Lightspeed, and Broadlight Capital.

AeroRx Therapeutics: $21 Million Series A Closed For Advancing Inhaled AERO-007 For COPD Into Late-Stage Development

By Amit Chowdhry ● Oct 16, 2025

AeroRx Therapeutics, a clinical-stage biopharmaceutical company focused on innovative nebulized therapies for chronic respiratory diseases, announced the completion of a $21 million Series A financing led by Avalon BioVentures, with participation from Correlation Ventures, Alexandria Venture Investments, and other investors.