Startups

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.

SignalPlus Raises $50 Million At $500 Million Valuation To Expand Trading Infrastructure And Launch AI-Powered Platform

By Amit Chowdhry ● Jun 2, 2026

SignalPlus, a Hong Kong-based provider of institutional digital asset options and derivatives trading infrastructure, announced the closing of a $50 million Series B1 funding round at a post-money valuation of $500 million. The round was led by HashKey Capital, with follow-on participation from BlockBooster and AppWorks. Goldman Sachs served as the sole financial advisor on the transaction.

Veritas Aortic Solutions Raises $12 Million To Advance Non-Surgical Treatment For Aortic Root And Ascending Aortic Diseases

By Amit Chowdhry ● Jun 2, 2026

Veritas Aortic Solutions, a medical device company spun out of inQB8 Medical Technologies, announced the closing of a $12 million seed financing round to support the development of its Veritas Transcatheter Valved Aortic Root Conduit (TVARC), a non-surgical treatment designed for patients with aortic root and ascending aortic diseases.

Picogrid Raises $45 Million Series A To Build Open Integration Layer For Modern Defense

By Amit Chowdhry ● Jun 2, 2026

Picogrid, a defense technology company building an open integration layer for modern military systems, announced the closing of a $45 million Series A funding round led by Bessemer Venture Partners. The round also included participation from Washington Harbour, GSBackers, and existing investors Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital, and Alumni Ventures.

Inherent Raises $50 Million Seed Round To Build AI Agents For Scientific Discovery

By Amit Chowdhry ● Jun 2, 2026

Inherent announced that it has closed a $50 million seed funding round to support its mission of building AI agents capable of discovering new knowledge. The company said it was created from the ground up as a research lab focused on developing AI systems that can drive scientific inquiry and innovation.

Omniscient Raises $27.2 Million Series D To Advance AI-Powered Brain Technology

By Amit Chowdhry ● Jun 2, 2026

Omniscient, a company specializing in AI-driven brain analysis technology, announced that it has secured $27.2 million (AU$41.1 million) in an oversubscribed Series D funding round. The financing was co-led by OIF Ventures and the Australian National Reconstruction Fund Corporation (NRFC), with participation from existing investors including Will Vicars and Gina Rinehart AO.

SpeedLabs Raises $6.5 Million To Launch AI-Powered Momentum Markets For Sports

By Amit Chowdhry ● Jun 2, 2026

SpeedLabs, a sports technology startup building a real-time market engine for sports, announced a $6.5 million seed funding round led by Parlay Capital, with participation from Bullpen Capital, TA Ventures, EdgeEquity, and other investors focused on sports, gaming, and consumer technology.

Sekai Raises $26 Million To Build A Social Platform For AI-Created Mini-Apps

By Amit Chowdhry ● Jun 2, 2026

Sekai announced it has raised $26 million in funding to accelerate the growth of its social platform that enables users to create, play, and remix AI-generated mini-apps. The funding round was led by Khosla Ventures and Connect Ventures, with participation from Creative Artists Agency, New Enterprise Associates (NEA), a16z Speedrun, Mayfield, A*, MVP Ventures, 359 Capital, Parable VC, and 645 Ventures.

Gray Swan Raises $40 Million Series A To Scale AI Security Platform Trusted By Frontier Labs

By Amit Chowdhry ● Jun 2, 2026

Gray Swan, an AI security company founded by researchers from Carnegie Mellon University, announced a $40 million Series A funding round co-led by Wing Venture Capital and Madrona, with participation from Obvious Ventures, Snowflake Ventures, Hudson River Trading, Samsung Next, and existing investor Magarac Venture Partners.

Mecka Raises $60 Million To Build The Data And Deployment Layer For Physical AI

By Amit Chowdhry ● Jun 2, 2026

Mecka announced that it has raised $60 million in funding as it looks to become the data and deployment layer for physical AI. The company said the new capital will be used to scale its data infrastructure, expand into new industry verticals, and accelerate the deployment of robots in real-world environments.

Mach Industries Raises $300 Million Series C At $1.8 Billion Valuation As Defense Tech Growth Accelerates

By Amit Chowdhry ● Jun 2, 2026

Mach Industries, a defense manufacturing company focused on advanced unmanned systems, announced it has raised $300 million in Series C funding at a $1.8 billion valuation. The round was led by Infinite Capital and Ribbit Capital, with participation from existing investors Bedrock Capital, Sequoia Capital, and Khosla Ventures.

DriveNets Raises $410 Million Series D To Scale Ethernet Fabric For Large-Scale AI Infrastructure

By Amit Chowdhry ● Jun 2, 2026

DriveNets announced it has secured $410 million in Series D funding, bringing its total capital raised to $1 billion. The company said the new capital will be used to expand inventory and accelerate deployment of its Ethernet-based AI fabric solutions as demand for large-scale AI infrastructure continues to grow. The funding round was led by Bessemer Venture Partners and Atreides Management, with new participation from AMD and Red Dot Capital alongside existing investors Pitango and D1 Capital Partners.

Poindexter Labs Raises £2 Million Seed Round To Fix AI Training Data Supply Chain

By Amit Chowdhry ● Jun 2, 2026

Poindexter Labs, an AI data company focused on improving the quality of training data used by frontier artificial intelligence models, announced it has raised £2 million in an oversubscribed seed round. The funding was led by Episode 1 and First Cheque, with participation from partners at Venture Friends and other angel investors.

Gradient Labs Raises $26 Million To Build Specialist AI Agents For Financial Services

By Amit Chowdhry ● Jun 1, 2026

Gradient Labs announced that it has increased its Series A funding round to $26 million, with the round led by new investors Octopus Ventures and CommerzVentures. Existing investors Redpoint Ventures and Exceptional Capital also participated in the financing.

Tripo AI Raises Nearly $200 Million To Advance AI 3D And World Model Development

By Amit Chowdhry ● Jun 1, 2026

Tripo AI announced the completion of its Series A+ and Series A++ financing rounds, raising nearly $200 million to accelerate the development of its AI 3D foundation models and world model technologies. The company said the funding will support expansion of its research teams, investment in core algorithms, enhancement of data and infrastructure systems, and growth of its global product ecosystem.

MSWA And Founders Factory Launch World’s First Neurological Care Accelerator And Select Five Startups

By Amit Chowdhry ● Jun 1, 2026

MSWA and Founders Factory have announced the first cohort of startups selected for the MS & Neurological Care Accelerator, a world-first program dedicated to advancing technologies that improve outcomes for people living with multiple sclerosis and other neurological conditions.

Invisix Raises €20 Million Seed Round To Advance Soft X-Ray Metrology For AI-Era Chip Manufacturing

By Amit Chowdhry ● Jun 1, 2026

Invisix, a semiconductor metrology company developing next-generation measurement tools for advanced chip manufacturing, announced an oversubscribed €20 million seed funding round. The investment included participation from Hitachi Ventures, Transition Ventures, imec.xpand, Doosan Investment Co., and a tier-one semiconductor manufacturer.

Crimson Raises $2.5 Million Seed Round To Expand AI-Powered Case Intelligence Platform For Litigation Teams

By Amit Chowdhry ● Jun 1, 2026

Crimson, an AI-native case intelligence platform built specifically for litigation and arbitration teams, has raised an oversubscribed $2.5 million seed round and opened a new office in New York as it accelerates its expansion across the U.S. legal market.

LightTable Raises $22 Million Series A To Accelerate AI-Powered Pre-Construction Workflows

By Amit Chowdhry ● Jun 1, 2026

LightTable, an AI-native platform focused on pre-construction intelligence, announced that it has raised $22 million in Series A funding. The round was led by Innovation Endeavors, with participation from Blackhorn Ventures, DivcoWest Ventures, and 9Yards Capital, alongside existing investors Primary Venture Partners, MetaProp, and Banter Capital.

Reprogram Biosciences Raises Seed Financing For Tumor Cell Reprogramming Therapies

By Amit Chowdhry ● Jun 1, 2026

Reprogram Biosciences, a preclinical oncology biotechnology company developing mRNA-based therapeutics for solid tumors, announced the close of its seed financing round, bringing the company’s total capital raised since its 2025 founding to $6 million. The financing round included participation from investors such as Unshackled Ventures, 1517 Fund, and Narya.

Kopa.ai Raises €2 Million In Pre-Seed Funding To Advance AI-Powered E-Commerce Marketing And Operations

By Amit Chowdhry ● Jun 1, 2026

Kopa.ai has announced the successful completion of a €2 million pre-seed funding round, providing the company with additional resources to accelerate the development of its AI-driven platform for e-commerce marketing and operations. The funding marks a significant early milestone for the startup as it looks to help online businesses leverage artificial intelligence to improve efficiency, automate workflows, and drive growth.

Invertix Raises €1.7 Million To Build AI Operating Layer For Energy Companies

By Amit Chowdhry ● Jun 1, 2026

Invertix has announced a €1.7 million pre-seed funding round as it seeks to transform how energy companies operate in the AI era. The company is building agentic infrastructure that enables energy firms to deploy AI agents throughout their organizations with the goal of dramatically improving operational efficiency and accelerating decision making.

Trajectory Raises $15 Million To Build A Platform For Continual Learning

By Amit Chowdhry ● May 31, 2026

Trajectory, a research lab and product company focused on continual learning, announced that it has raised $15 million in funding to develop a platform that enables companies to continuously train large-scale agentic models using signals generated from product usage.

allO Raises $14 Million Series A To Build AI-Native Operating System For Restaurants

By Amit Chowdhry ● May 31, 2026

allO announced a $14 million Series A funding round led by Zigg Capital, with participation from LifeX Ventures, Aperture Capital, Wecken & Cie. - Care4 AG, and angel investors Fabian Siegel, Mark Ransford, and Ludwig A. Fuchs. Existing investors 20VC and Keen Venture Partners also participated in the round.

Volt Harbor Raises $2 Million Seed Funding To Scale Software-Defined Energy Storage For Data Centers And The Grid

By Amit Chowdhry ● May 31, 2026

Volt Harbor announced the closing of a $2 million seed financing round led by MFV Partners as the company emerges from stealth mode and accelerates commercialization of its patented MAC-BESS technology. The Ann Arbor-based company plans to use the funding to move from pilot projects to broader commercial deployments targeting both data center power infrastructure and grid-scale energy storage applications.

Utilidata Raises $40 Million Extension To Complete $100 Million Series C

By Amit Chowdhry ● May 31, 2026

Utilidata, a leader in embedded AI for power infrastructure, announced that it has secured an additional $40 million in Series C funding, completing a $100 million Series C round. The extension was led by existing investor Renown Capital Partners with participation from Keyframe Capital. The financing follows Utilidata’s initial $60.3 million Series C round announced in April 2025, which also included participation from Keyframe Capital, Quanta Services, and NVIDIA.

Canals Secures $35 Million To Eliminate Friction From The Industrial Supply Chain

By Amit Chowdhry ● May 31, 2026

Canals, a company focused on applying artificial intelligence to wholesale distribution, announced it has raised $35 million in funding led by Base10 Partners. The investment will support the company’s efforts to streamline interactions between distributors, customers, and suppliers while accelerating product development for the wholesale distribution market.

Cognition Raises Over $1 Billion At A $26 Billion Valuation As Devin Adoption Accelerates Across Enterprises

By Amit Chowdhry ● May 31, 2026

Cognition announced that it has raised more than $1 billion at a $26 billion valuation in a funding round led by Lux Capital, General Catalyst, and 8VC. Existing investors participating in the round include Founders Fund, Elad Gil, Alpha Wave, Definition Capital, Positive Sum, Avenir, Vitruvian, Bain Capital Ventures, Conversion Capital, 137 Ventures, Soma Capital, and Omri Casspi. New investors include Ribbit Capital, Atreides, and Layer Global.