Startups

Frenos Raises $1.52 Million Seed Extension To Advance AI-Powered OT Penetration Testing

By Amit Chowdhry ● Jul 28, 2026

Frenos has raised a $1.52 million seed extension to expand its artificial intelligence-powered platform for continuously testing the security of operational technology environments. The round was led by Momenta and Exposition Ventures, with participation from Riptide Ventures. The financing brings Frenos' total funding to $6.4 million.

ASUENE Raises $87 Million Series D Led By BlackRock And Temasek’s Decarbonization Partners

By Amit Chowdhry ● Jul 28, 2026

ASUENE has raised $87 million in Series D funding to expand its artificial intelligence-powered sustainability management platform and pursue acquisitions across Europe, North America and Asia. The round was led by Decarbonization Partners, a joint venture between BlackRock and Temasek focused on growth-stage businesses supporting the transition to a net-zero economy.

Workstreet Secures Strategic Growth Investment From Coalesce Capital

By Amit Chowdhry ● Jul 28, 2026

Workstreet has received a strategic growth investment from Coalesce Capital to expand its artificial intelligence-powered cybersecurity and compliance services for companies operating in regulated industries. Financial terms of the transaction were not disclosed.

Coverwatch Raises $4.5 Million Pre-Seed Round Led by CoFound and Restive Ventures

By Amit Chowdhry ● Jul 28, 2026

Coverwatch has raised $4.5 million in pre-seed funding led by CoFound and Restive Ventures, with participation from KFund, Liquid2 Ventures, Manresa Ventures, Movi Collective, and Prompt Capital, among others. The company is building an artificial intelligence-driven commercial insurance broker designed to work solely for the client rather than earning commission tied to premium size.

Abstract Raises $25 Million As Enterprises Shift To Composable Security Operations

By Amit Chowdhry ● Jul 28, 2026

Abstract, a provider of composable security operations technology, has raised a $25 million round co-led by Cheyenne Ventures and AVP, with additional investment from Olive Hill Ventures and follow-on participation from Crosslink Capital and Rally Ventures. The round brings Abstract's total funding to nearly $50 million, at triple its prior valuation, following a year in which the company said annual recurring revenue grew 380%, net revenue retention reached 264%, and its customer base tripled.

Trooly Raises Nearly $20 Million Seed and Launches AI Research Platform for In-Depth Consumer Interviews

By Amit Chowdhry ● Jul 28, 2026

Trooly has launched its AI native user research platform and opened its first public beta in North America, backed by nearly $20 million in seed funding. The platform is designed to conduct 45-minute in-depth interviews with consumers around the world, aiming to match the depth of a senior research interview through an intelligent follow-up engine that determines each next question based on the participant's prior responses rather than a fixed script.

Flourish Health Raises $46 Million To Scale Intensive Mental Health Care For Youth In Crisis

By Amit Chowdhry ● Jul 27, 2026

Flourish Health, a mental health provider for young people with serious, complex needs that traditional care models cannot effectively support, announced $26 million in Series A funding led by B Capital, F-Prime, and Cherryrock Capital. Combined with $20 million in previously undisclosed funding, the investment brings Flourish Health's total raised since inception to $46 million. The new capital will support the company's national expansion in partnership with the country's largest health plans.

Kanurra Raises $6.35 Million To Build Pharmacy Benefit Manager For Small And Midsize Employers

By Amit Chowdhry ● Jul 27, 2026

Semih Gultekin announced he has left Aviary Health to found Kanurra, a pharmacy benefit manager for small and midsize employers, raising $6.35 million to build the company. Investors in the round include Asylum Ventures, Daybreak Ventures, Virtue VC, Necessary Ventures, Ford Street Ventures, and Browder Capital, along with a group of individual investors.

Callimacus Secures Investment From Salesforce To Scale AI-Powered Web Platform

By Amit Chowdhry ● Jul 27, 2026

Solomei AI, the company behind the Callimacus platform, announced it has entered into an investment agreement with Salesforce; the CRM company said it is committed to supporting Solomei AI through expanded engineering and AI research capabilities, accelerated product development, and scaled commercial operations across Europe and North America. Callimacus was developed over three years, backed by Foro delle Arti S.p.A., the holding company of the Cucinelli family, which will remain a shareholder alongside Salesforce and the company's founders.

Antares Raises $470 Million Series C To Deploy Nuclear Microreactors For Critical Missions

By Amit Chowdhry ● Jul 27, 2026

Antares announced it has raised $470 million in Series C funding, co-led by Paradigm and Caffeinated Capital, with participation from Point72 Ventures, Shine Capital, Industrious Ventures, and others. The round, which includes $370 million in equity and $100 million in debt, is intended to accelerate Antares' path from a demonstrated reactor to fielded power systems for defense and space, with initial deployments to U.S. military installations beginning by 2028.

Pilot Protocol Launches With $4.5 Million To Build The Internet For Agents

By Amit Chowdhry ● Jul 27, 2026

Pilot Protocol announced it has launched from stealth with $4.5 million in seed funding led by Version One Ventures, with participation from Precursor Ventures, Night Capital, Todd & Rahul Capital, and angel investors Lenny Rachitsky and Ben Tossell.

Dopl Technologies Raises $6.3 Million To Advance Telerobotic Ultrasound Toward FDA Clearance

By Amit Chowdhry ● Jul 27, 2026

Dopl Technologies announced it has closed a $6.3 million seed round led by SpringTide Ventures, bringing the company's total funding to more than $8 million. The oversubscribed round included more than a dozen strategic, institutional, and community-focused investors.

Way Security Raises $20 Million In Funding Led By Insight Partners And Glilot Capital

By Amit Chowdhry ● Jul 27, 2026

Insight Partners and Glilot Capital announced a $20 million investment in Way Security, a company aiming to fix the operational costs of deploying and running enterprise identity and access management systems. Way Security was founded by former security leaders Yossi Barishev and Yonatan Rosenberg, who serve as CEO and CTO, respectively.

Ominimo Closes Series B Funding Led By EBRD At A $1.6 Billion Valuation

By Amit Chowdhry ● Jul 27, 2026

Ominimo announced the closing of its Series B round at a $1.6 billion valuation, with the European Bank for Reconstruction and Development serving as lead investor. Just over two years after launch, the company said it is approaching one million customers across four European markets and has already surpassed an annualized $350 million in gross written premium.

Beelzebub Raises €3 Million To Arm Enterprises With AI-Powered Hacker-Trapping Technology

By Amit Chowdhry ● Jul 27, 2026

Beelzebub announced a €3 million seed round exclusively led by Italian deep tech VC United Ventures. The capital will fund the expansion of Beelzebub's research team, the opening of new commercial offices in Rome and San Francisco by the end of the year, and client acquisition across Europe, with particular emphasis on organizations regulated under the EU's NIS2 directive.

The Exploration Company Reportedly In Talks To Raise $300 Million At A $2 Billion Valuation

By Amit Chowdhry ● Jul 27, 2026

The Exploration Company, a Munich-based startup building what it describes as Europe's first reusable space capsule, is in talks to raise at least $300 million, according to reporting from the Financial Times. The round would value the six-year-old firm at more than $2 billion, more than quadrupling its previous valuation, though people familiar with the discussions cautioned that the financing has not been finalized and terms could still change or the deal could fall through entirely.

Nuclear Turbines Emerges From Stealth With £15 Million Funding

By Amit Chowdhry ● Jul 27, 2026

Nuclear Turbines, a company spun out of Europe's largest aerospace and defense company, BAE Systems, announced it has emerged from stealth after raising £15 million in funding led by IQ Capital, with participation from Rhapsody Venture Partners, Zero Carbon, and Empirical Ventures, along with continued support from BAE Systems.

Multiverse Computing Announces Series C Fundraising Targeting Up To $570 Million

By Amit Chowdhry ● Jul 27, 2026

Multiverse Computing announced a $570 million, or €500 million, Series C funding round at a $1.7 billion pre-money valuation, a five-fold step-up from its Series B. The round is co-led by Forgepoint Capital International, BNPP SIVF, and Bullhound Capital, with additional commitments from investors including Santander Alternative Investments, Tikehau Capital, HP Inc., Orange Ventures, Scania Invest, NAventures, Qatar Development Bank, Zouk Capital, SETT, EIC Fund, the Basque Government's Hazten Scale-Up Fund, and Kutxa Fundazioa. Advised by JP Morgan and Santander CIB, the round is expected to bring the company's total funding to $800 million and may remain open to additional strategic investors.