Startups

Allen Control Systems Raises $200 Million Series B At $2.2 Billion Valuation To Scale Bullfrog Autonomous Weapon Systems

By Amit Chowdhry ● Jun 5, 2026

Allen Control Systems (ACS), a defense technology company focused on autonomous precision robotics, announced the completion of a $200 million Series B funding round at a $2.2 billion post-money valuation. The round was led by Smash Capital, with participation from existing investors including Craft Ventures, Rally Ventures, Inspired Capital, and others.

Supabase Raises $500 Million At $10.5 Billion Valuation To Expand Agentic Infrastructure Platform

By Amit Chowdhry ● Jun 4, 2026

Supabase, an open source Postgres development platform, announced a $500 million Series F funding round at a $10.5 billion post-money valuation. The round was led by GIC, with participation from existing investors including Accel, Y Combinator, Craft Ventures, Felicis, Peak XV Partners, and Coatue. The company also noted that Stripe made its second investment in Supabase, while Salesforce Ventures joined the round.

Opal Security Raises $23 Million And Expands Leadership Team

By Amit Chowdhry ● Jun 4, 2026

Opal Security, an AI-native access governance platform, announced a $23 million funding round and the appointment of five senior leaders as the company accelerates growth and expands its platform for governing human, service, and AI agent identities.

Westmag Raises $11 Million Seed Funding To Build America’s Drone Motor And Robot Actuator Industry

By Amit Chowdhry ● Jun 4, 2026

Westmag, an American manufacturer of drone motors and robot actuators, announced that it has emerged from stealth with $11 million in seed funding led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG, Menlo Ventures, and other investors.

Midnight Labs Raises Strategic Investment From Sony Innovation Fund To Expand AI-Powered IP Protection

By Amit Chowdhry ● Jun 4, 2026

Midnight Labs announced a strategic investment from Sony Innovation Fund to accelerate the expansion of its AI-powered intellectual property protection platform across the U.S., Japan, and broader Asia-Pacific region. The funding will support the growth of the company’s agentic Enforcement Engine, which is designed to combat piracy, deepfakes, and AI-generated infringement targeting entertainment, gaming, and content industries.

Helion Raises $465 Million Series G Funding Round To Accelerate Commercial Fusion Power Deployment

By Amit Chowdhry ● Jun 4, 2026

Helion, a Washington-based fusion energy company, announced a $465 million Series G funding round to accelerate the commercial deployment of fusion energy, expand manufacturing capacity, and strengthen its ability to deliver clean electricity to customers. The financing values the company at $15.5 billion post-money and brings Helion’s total funding raised to date to $1.5 billion.

Red Metals Raises $10 Million To Reshore American Copper Refining And Build A New Supply Chain For Finished Copper Products

By Amit Chowdhry ● Jun 4, 2026

Red Metals, a next-generation copper manufacturer, announced it has raised $10 million in seed funding and plans to invest $70 million in a new production facility in Charleston, South Carolina. The project is expected to create at least 45 jobs during its initial phase and will support the company’s mission of reshoring copper refining and finished copper product manufacturing to the United States.

InCharge Energy Raises $46 Million To Expand Energy Solutions Platform Across North America

By Amit Chowdhry ● Jun 4, 2026

InCharge Energy, a provider of EV charging and energy infrastructure solutions, announced that it has raised $46 million in a strategic investment round led by S2G Investments, with participation from QIC. The funding will support the company's expansion beyond EV charging into broader energy infrastructure services, including electrical systems and distributed energy resources.

Suno Raises Over $400 Million In Series D Funding At $5.4 Billion Valuation For Music Creation Platform

By Amit Chowdhry ● Jun 4, 2026

Suno, an AI-powered music creation platform, announced that it has raised more than $400 million in a Series D funding round at a $5.4 billion post-money valuation. The round was led by Bond Capital and included participation from IVP, Forerunner, Union Square Ventures, Alkeon, Quiet, Matrix, Lightspeed, Menlo Ventures, and Schroders Capital. The new financing comes roughly six months after Suno's $250 million Series C round, which valued the company at $2.45 billion.

Ramp Raises $750 Million Series F At $44 Billion Valuation For Financial Operations Platform

By Amit Chowdhry ● Jun 4, 2026

Ramp announced a $750 million Series F financing round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan, valuing the company at $44 billion. The new funding brings Ramp's total equity financing to more than $3 billion and will be used to accelerate investments in artificial intelligence capabilities for customers. New investors in the round include Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, and BroadLight Capital, alongside participation from numerous existing backers.

Scotch Raises $20 Million Series A To Modernize Liquor Retail Operations

By Amit Chowdhry ● Jun 4, 2026

Scotch, an all-in-one operating platform built for liquor retailers, announced it has raised $20 million in Series A funding led by VMG Partners, with participation from First Round Capital, Lerer Hippeau, and Toba Capital. The Denver-based company has also surpassed a $1 billion annual run rate in gross payment volume and plans to use the new funding to accelerate product development, expand its engineering and go-to-market teams, and scale its AI-enabled operating system across the United States.

Semble Raises £30 Million Series C To Expand Europe’s Connected Healthcare Platform

By Amit Chowdhry ● Jun 4, 2026

Semble, a healthcare technology company focused on care orchestration and patient journey management, has secured a £30 million Series C funding round led by Revaia. The round also included participation from new investor Partech, alongside existing investors Mercia Ventures and Octopus Ventures.

Subtle Medical Raises $33 Million In Growth Capital And Appoints Ohad Arazi As CEO

By Amit Chowdhry ● Jun 4, 2026

Subtle Medical, an AI-powered medical imaging software company, announced it has secured $33 million in growth capital and appointed industry veteran Ohad Arazi as Chief Executive Officer. The financing was anchored by a Series C round led by funds managed by Morgan Stanley Expansion Capital.

Kalogon Raises $5.75 Million To Expand Smart Seating Technology

By Amit Chowdhry ● Jun 4, 2026

Kalogon, a smart seating technology company focused on improving seated health, announced it has raised $5.75 million in funding to accelerate global expansion of its products designed to reduce the physical stresses associated with prolonged sitting.

Highland Electric Fleets Raises $75 Million From Galvanize To Expand Electric School Bus Deployments

By Amit Chowdhry ● Jun 4, 2026

Highland Electric Fleets announced the closing of a $75 million preferred equity commitment from Galvanize and its affiliates, bringing the company's total preferred equity commitments to $150 million. The financing follows a previous preferred equity commitment from Aiga Capital Partners and is structured in stages to support Highland's deployment schedule and continued nationwide expansion.

Kosmos Secures $5 Million In Seed Funding To Bring Operational Intelligence To Enterprise IT

By Amit Chowdhry ● Jun 3, 2026

Kosmos, an operational intelligence company focused on helping enterprise support and engineering teams reduce investigation costs and resolve incidents faster, announced its commercial launch alongside a $5 million seed funding round led by Norwest.

StratusGrid Raises $3 Million Seed Round To Advance AI-Driven Cloud Infrastructure Optimization

By Amit Chowdhry ● Jun 3, 2026

StratusGrid, a cloud infrastructure optimization company helping enterprises move from cloud visibility to verified outcomes, announced that it has raised $3 million in seed financing, marking the company's first outside capital raise. The round was led by Dogwood Ventures, with participation from Market Square Ventures, LaunchTN, VentureSouth, Service Provider Capital, and several strategic angel investors.

Novellia Raises $18 Million Series A To Scale Patient-Powered Healthcare Data Platform

By Amit Chowdhry ● Jun 3, 2026

Novellia, a patient-powered real-world data platform, announced that it has raised $18 million in Series A funding led by Spark Capital, with participation from Khosla Ventures, Acrew Capital, Bling Capital, and TMV. The new financing brings the company's total funding to $28 million and comes as Novellia expands its presence among major pharmaceutical companies and launches a new patient-facing mobile application.

Arpio Raises $15 Million In Series A To Advance AI-Native Automated Recovery Platform

By Amit Chowdhry ● Jun 3, 2026

Arpio, a cloud recovery and resilience platform for cloud environments, announced the close of a $15 million Series A financing round co-led by S3 Ventures and Paladin Capital Group, with participation from Draper Associates, Uncorrelated, Valor Ventures, CreativeCo Capital, and Lookout Ventures.

Perk Raises $300 Million Credit Facility To Accelerate Global Expansion Of Its AI-Native Travel And Spend Platform

By Amit Chowdhry ● Jun 3, 2026

Perk, formerly known as TravelPerk, announced the closing of a $300 million private credit facility led by Neuberger Specialty Finance, alongside Blue Owl Capital, Hercules Capital, and Liquidity. The new facility replaces and upsizes the company’s 2024 credit facility on materially improved terms, increasing available capital while further strengthening Perk’s balance sheet.

Alitheon Raises $8 Million Series A1 To Scale Biometrics For Things Across Global Supply Chains

By Amit Chowdhry ● Jun 3, 2026

Alitheon, an optical AI company focused on physical-to-digital identity and traceability solutions, announced the closing of an $8 million Series A1 funding round led by Emerald Technology Ventures, with significant participation from eBay Ventures and continued support from existing investors.

Advanced NanoTherapies Raises Over $31 Million Series B To Advance Dual-Drug Nanoparticle-Coated Balloon Platform

By Amit Chowdhry ● Jun 3, 2026

Advanced NanoTherapies (ANT), a clinical-stage medtech company focused on improving outcomes for patients with coronary and peripheral artery disease, announced the closing of an oversubscribed Series B financing round totaling more than $31 million. The financing was co-led by an undisclosed strategic investor and S3 Ventures, with participation from the T45 Fund as well as new and existing investors.

BibliU Raises Over $55 Million To Accelerate Higher Education Expansion

By Amit Chowdhry ● Jun 2, 2026

BibliU, an integrated academic and campus store solutions provider, announced that it has secured more than $55 million in new funding from BlackRock, existing investor Stonehage Fleming, and other parties.

Wayleadr Announces Majority Growth Investment To Accelerate Global Expansion

By Amit Chowdhry ● Jun 2, 2026

Wayleadr, a workplace technology company that created the Arrival Platform category, announced a majority growth investment that will support the company’s next phase of global expansion.

Ilant Health Raises $15 Million Series A To Expand AI-Enabled, Value-Based Obesity Care

By Amit Chowdhry ● Jun 2, 2026

Ilant Health, a value-based obesity treatment company that works with employers and health plans to improve clinical outcomes while reducing the total cost of care, announced that it has raised $15 million in Series A funding. The financing brings the company’s total funding to more than $22 million to date.

Contraline Raises $92.5 Million Series B To Advance Male Contraceptive NES/T Gel Into Late-Stage Development

By Amit Chowdhry ● Jun 2, 2026

Contraline, a clinical-stage biopharmaceutical company developing novel male contraceptives, announced the closing of a $92.5 million Series B financing round. The financing was co-led by BVF Partners L.P. and RA Capital Management, with participation from GV, Lumira Ventures, Invus, and other new and existing investors.

Subtle Medical Raises $33 Million Growth Financing Led By Morgan Stanley Expansion Capital

By Amit Chowdhry ● Jun 2, 2026

Subtle Medical, an AI-powered medical imaging software company, announced a $33 million growth financing round led by Morgan Stanley Expansion Capital, the growth investment platform of Morgan Stanley Investment Management. The round also included participation from Shinhan Venture Investment and existing investors Fusion Fund, EnvisionX, BRV, and Samsung Ventures, bringing the company’s total funding to $86 million.

The Ryl Company Raises $20 Million Series C To Accelerate Growth In Modern Tea Category

By Amit Chowdhry ● Jun 2, 2026

The Ryl Company, the parent company of fast-growing iced tea brand Ryl Tea, announced the closing of a $20 million Series C growth equity financing round led by Purchase Capital through its Ryl Growth Partners SPV. The funding will support the company’s next phase of expansion, including broader retail and Direct Store Delivery (DSD) distribution, new product innovation, and investments across operations, sales, and brand-building efforts.

Phosio Raises $4 Million Seed Round To Advance Affordable AR/AI Glasses

By Amit Chowdhry ● Jun 2, 2026

Phosio announced the closing of a $4 million seed financing round to accelerate commercialization of its thin-film materials platform for next-generation AR/AI glasses. The round was led by MESH, with participation from Sierra Ventures, TEL Venture Capital, Silicon Catalyst Ventures, Willamette Valley Capital, and Silicon Catalyst Angels.

Waypoint Bio Raises $20 Million Series A To Advance AI-Designed Cell Therapies Toward The Clinic

By Amit Chowdhry ● Jun 2, 2026

Waypoint Bio, an AI-native biotechnology company focused on developing next-generation CAR T therapies for solid tumors using spatial biology and artificial intelligence, announced the closing of a $20 million Series A financing round. The funding round was led by Amplify Partners. Additional participation came from General Catalyst, Time BioVentures, Mitsui Global Investments, Lux Capital, and existing investor Hummingbird Ventures. As part of the financing, Amplify Partners Partner Elliot Hershberg will join Waypoint Bio’s board of directors.