Startups

Flex Raises $70 Million Series B1 To Launch Flex Global, An AI-Native Private Banking Platform For HNW Business Owners Worldwide

By Amit Chowdhry ● Jul 14, 2026

Flex, a San Francisco-based AI-native private banking platform for high-net-worth business owners in the middle market, has raised a $70 million Series B1 led by Halo Fund, the investment platform co-founded by Utah Jazz and Utah Mammoth owner and Qualtrics founder Ryan Smith and Accel general partner Ryan Sweeney. Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, Florida Funders and others also participated. The round comes just months after Flex's $60 million Series B in December 2025 and brings total equity raised to $180 million and total capital including debt to $300 million. Annualized revenue has grown 3x since the December round, and Flex is now at a nine-figure annualized revenue run rate with more than $10 billion in annualized total payment volume, growing roughly 4x year over year.

ZeroEyes Announces $10 Million Investment In AI R&D, Plans To Hire 100-Plus Philadelphia-Area Veterans

By Amit Chowdhry ● Jul 14, 2026

ZeroEyes, creators of a multi-analytics weapons-detection and threat-intelligence platform, announced a planned $10 million U.S. investment in AI and machine-learning research and development. The investment includes a commitment to hiring more than 100 veterans in Southeastern Pennsylvania over the next 24 months to fill roles including Technical Program Managers, MLOps Engineers, and AI Solutions Specialists. The company made the announcement at Senator Dave McCormick's 2026 Pennsylvania Defense and Innovation Summit, held at Army War College in Carlisle, Pennsylvania.

410 Medical Secures $12 Million In Growth Financing To Scale LifeFlow Commercial Expansion And Next-Generation Device

By Amit Chowdhry ● Jul 14, 2026

410 Medical, a North Carolina-based medical device company focused on advanced resuscitation technologies for emergency and critical care, has completed an oversubscribed $12 million financing round. Orlando Health Ventures led the round, with participation from Hatteras Venture Partners, Ballad Health, OSF Healthcare, Rex Health Ventures, CU Healthcare Innovations Fund, Sarnova, Catalyst by Wellstar, Tampa General and a new undisclosed strategic investor. The capital will be used to scale commercial operations and support the launch of a next-generation LifeFlow infuser planned for 2027.

Singularity Raises $80 Million Series A At $400 Million Valuation To Deploy Air Defense At Scale

By Amit Chowdhry ● Jul 14, 2026

Singularity emerged from stealth with an oversubscribed $80 million Series A financing at a $400 million valuation. The company is focused on deploying low-cost air defense systems at scale for the U.S. and its allies. The round was led by Khosla Ventures and Felicis. Seed investors AE Ventures and NEA also participated, along with Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, and Soma.

TerraFirma Raises $115 Million To Scale Semi-Autonomous Construction Robotics For Critical Infrastructure On Earth And Beyond

By Amit Chowdhry ● Jul 14, 2026

TerraFirma, an Austin-based tech-enabled, vertically integrated construction company founded by former SpaceX engineers, has raised approximately $115 million, including a $100 million Series A led by Kleiner Perkins, with participation from Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital and Ravelin Capital. Angel investors include founders, executives and engineers from SpaceX, Anduril, Base Power, Shinkei and Hadrian. The funding will support expansion of TerraFirma's engineering, manufacturing, operations and construction teams, and the continued development of its semi-autonomous heavy equipment systems.

Feathery Raises $30 Million In Series A To Scale AI Operating And Decisioning System For Financial Services

By Amit Chowdhry ● Jul 14, 2026

Feathery, the AI operating and decisioning system for financial services, announced that it has raised $30 million in total funding, including its recently completed Series A, from Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures. The company is one of the fastest-growing AI platforms for financial services, serving more than 300 firms across insurance and wealth management.

Chai Discovery Raises $400 Million Series C To Advance AI-Driven Molecular Design

By Amit Chowdhry ● Jul 14, 2026

Chai Discovery announced a $400 million Series C financing to accelerate the development and deployment of its AI-driven molecular design platform. The round valued Chai Discovery at $3.8 billion. It was led by Index Ventures alongside Kleiner Perkins, Sequoia Capital, and Dimension. New investors in the round included Bain Capital Ventures, Battery Ventures, Baillie Gifford, BDT & MSD, Sapphire Ventures, Avra Capital, and other notable investors. Existing investors Thrive Capital, OpenAI, Oak HC/FT, Menlo Ventures, General Catalyst, Glade Brook, Avenir, Lachy Groom, and Yosemite also participated.

Prosperity Partners Receives Majority Growth Investment From Lightyear Capital

By Amit Chowdhry ● Jul 14, 2026

Prosperity Partners, a Chicago-headquartered tax, client accounting and transaction support services firm, has announced a majority growth investment from Lightyear Capital, a New York-based private equity firm with approximately $8.1 billion in assets under management. Unity Partners, which invested in Prosperity in April 2023, will retain a minority position in the company. The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals. Financial terms were not disclosed.

Velocity Raises $38 Million Series A To Scale Enterprise Stablecoin Treasury And Settlement Infrastructure

By Amit Chowdhry ● Jul 14, 2026

Velocity, a London-based stablecoin treasury and settlement platform founded in 2025, has raised a $38 million Series A led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple.

TYLsemi Raises $43 Million To Launch First Full-Stack Chiplet Platform For Custom AI Silicon

By Amit Chowdhry ● Jul 14, 2026

TYLsemi, a San Jose-based chiplet platform company, has emerged from stealth and closed an oversubscribed $43 million early-stage funding round to accelerate development of AI infrastructure silicon. The round was led by Matter Venture Partners with participation from Viola Ventures, GHOVC, Egis Technology and strategic investors across the global semiconductor and AI infrastructure ecosystem.

Cognify Health Raises Seed Funding To Build Healthcare Platform For Youth Sports

By Amit Chowdhry ● Jul 14, 2026

Cognify Health announced a seed funding round led by Game Changers Ventures. The company is building a healthcare platform for youth athletics, starting with concussion care.

Prolo Raises £4.2 Million Seed To Bring AI-Powered Procurement To SME Construction Contractors

By Amit Chowdhry ● Jul 14, 2026

Prolo, a London-based AI-powered procurement platform designed to help SME construction firms source materials, equipment and plant hire at competitive market rates, has closed an oversubscribed £4.2 million Seed round. The round was led by Triple Point Ventures and joined by a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures and Portfolio Ventures. Proceeds will fund go-to-market sales and marketing and accelerate new technology and product rollouts to support the company's growing base of SME contractor customers.

InstaLILY Raises $60 Million Series B And Launches Lily As An AI Forward Deployed Engineer

By Amit Chowdhry ● Jul 14, 2026

InstaLILY AI, creator of the world's first AI Forward Deployed Engineer, announced a $60 million Series B round led by Energize Capital, with participation from Insight Partners, which increased its investment, and new strategic investors including Home Depot Ventures and United Rentals. The round brings the company's total raised to nearly $100 million, and revenue grew 5x over the past year.

Feenko Secures $30 Million In User Acquisition Financing From PvX Partners To Scale Subscription Management App

By Amit Chowdhry ● Jul 14, 2026

Feenko, a Kyiv-based smart subscription tracking and management app, has secured $30 million in user acquisition financing from PvX Partners, a financial services firm specializing in non-dilutive revolving credit facilities for consumer applications. The capital will be used to accelerate user growth and expand Feenko's reach across key international markets as demand for subscription management tools continues to grow alongside the proliferation of recurring digital charges.

Hadrius Raises $27 Million To Build Agentic Compliance Infrastructure For Financial Services

By Amit Chowdhry ● Jul 14, 2026

Hadrius announced that it raised $27 million in seed and Series A funding led by CRV, with participation from Y Combinator, Pathlight Ventures, and the founders of Altruist, Jump AI, and FINNY.

Guthrie AI Raises $4 Million Seed Funding To Scale Virtual Bid Assistant Platform For Glazing Contractors

By Amit Chowdhry ● Jul 14, 2026

Guthrie AI, a Philadelphia-based construction technology company that recruits, trains, and places Virtual Bid Assistants for glazing contractors, has raised a $4 million seed round led by Chicago Ventures. The funding will expand Guthrie AI's engineering team, deepen integrations with tools estimators already use, including Bluebeam, Outlook and Excel—and grow the platform that makes it easy for glazing contractors to hire, supervise and work with a trained bid assistant from day one.

Corner Health Raises $32.5 Million in Seed and Series A Financing to Rebuild Primary Care

By Amit Chowdhry ● Jul 14, 2026

Corner Health, a company designed to rebuild the healthcare system by empowering Nurse Practitioners to start and scale their own local primary care practices, announced it has raised $32.5 million in Seed and Series A financing. The Series A was led by Oak HC/FT, with participation from existing investors First Round Capital and Zigg Capital. The investment follows a period of rapid growth for Corner Health, which has established a network of more than 70 provider-owned primary care practices, making it the fastest-growing primary care network in Arizona and Washington and enabling 35,000-plus patient visits over the past year.

Thira Raises $21 Million Seed To Build Self-Learning AI Back-Office Platform

By Amit Chowdhry ● Jul 14, 2026

Thira announced that it raised $21 million in seed funding led by Madrona, with participation from FUSE and a group of global advisors and CIOs.

Draig Therapeutics Closes $65 Million Series B To Advance AMPA And GABAA Receptor Modulators In Neuropsychiatric Disorders

By Amit Chowdhry ● Jul 14, 2026

Draig Therapeutics, a clinical-stage biopharmaceutical company co-founded by Cardiff University and SV Health Investors and headquartered across Newton, Massachusetts and Cardiff, United Kingdom, has closed an oversubscribed $65 million Series B financing. The round was led by new investor Deep Track Capital, with participation from Janus Henderson Investors, Marshall Wace, British Business Bank and Jefferson Life Sciences, joining existing backers SV Health Investors, ICG, Access Biotechnology, Canaan Partners, SR One, Sanofi Ventures and Schroders Capital. Proceeds will be used to accelerate clinical development of the company's pipeline of highly specific AMPA receptor and GABAA receptor modulators.

Cover Genius Raises $100 Million From Vista Credit Partners At $1.9 Billion Valuation

By Amit Chowdhry ● Jul 14, 2026

Cover Genius, the global infrastructure for embedded protection, announced a $100 million capital raise backed by Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic financing partner focused on enterprise software. The raise values Cover Genius at $1.9 billion, marking a new chapter for the company.

Valarian Raises $50 Million Series A To Build Sovereign Infrastructure For AI-Driven Systems

By Amit Chowdhry ● Jul 14, 2026

Valarian announced that it raised $50 million in Series A funding led by New Enterprise Associates, bringing the company’s total funding raised to $70 million.

Quadric Raises $46 Million Series C To Advance Programmable AI Chip Platform

By Amit Chowdhry ● Jul 13, 2026

Quadric announced the second close of its Series C financing, bringing the round to $46 million and total capital raised to $90 million. The second close was led by the International Finance Corporation, the private sector arm of the World Bank Group.

PixVerse Raises Series C Total To $439 Million And Expands Into Interactive Entertainment

By Amit Chowdhry ● Jul 13, 2026

PixVerse announced the completion of its Series C extension, bringing total Series C fundraising to $439 million. The company said the financing supports its expansion from AI video generation into games and interactive entertainment. The round was extended following continued interest from international investors and strategic partners across media, entertainment, and technology. New investors in the extension include Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha.

Finto Raises $3.4 Million To Bring AI Agents Into Enterprise Accounting

By Amit Chowdhry ● Jul 13, 2026

Finto announced that it raised $3.4 million to bring AI agents into enterprise accounting workflows. The round included backing from Y Combinator, Gradient, and Lightspeed. The financing also included participation from finance leaders with experience managing accounting operations at scale, including SAP Chief Controller Lukas Deutsch, former Everllence CFO Jürgen Klöpffer, and GBS leader Michael Felix.

FACTOR X Emerges From Stealth To Develop RNA-Based Skin Longevity Platform

By Amit Chowdhry ● Jul 13, 2026

FACTOR X announced its official launch as a longevity-focused beauty technology company developing a cellular delivery platform for next-generation skincare products. The company was founded by entrepreneur and model Bar Refaeli, longevity physician Dr. Inbal Gat, Harvard-trained scientist Dr. Shira Orr, and health-tech entrepreneur Eran Orr. FACTOR X said the founding team combines scientific expertise, longevity medicine, global brand experience, and health technology commercialization.

Milo Drive Raises $2.4 Million To Build EV Fleet Infrastructure In India

By Amit Chowdhry ● Jul 13, 2026

Milo Drive raised $2.4 million in a funding round led by Caret Capital. Milo Drive is a tech-led platform building operating infrastructure for India’s next generation of decentralized electric vehicle fleets. The company is focused on supporting the growth of EV adoption in ride-hailing and other mobility use cases.

Skapion Raises $36 Million Seed To Build Next-Generation Defense Systems

By Amit Chowdhry ● Jul 13, 2026

Skapion announced a $36 million seed funding round to support the development of next-generation defense systems. The company said the funding will help advance its work on technologies designed to protect against current and emerging adversary threats. Skapion is positioning its platform around the need for defense capabilities that can evolve as threats become more complex.

Ravee Optics Secures $6 Million Seed To Move More Data Across Satellite Networks

By Amit Chowdhry ● Jul 13, 2026

Ravee Optics announced an oversubscribed $6 million seed funding round to advance laser communication systems designed to move large volumes of data across satellite networks. The round was led by BIG Capital, a Vietnam-based investment firm with several space technology investments. JobsOhio Ventures and CincyTech also participated in the financing.

Drug Farm Completes First Closing Of $55 Million Series D Financing

By Amit Chowdhry ● Jul 13, 2026

Drug Farm announced the successful first closing of its $55 million Series D financing to advance its clinical and preclinical development pipeline. The round was co-led by Shanghai Pudong Leading Area Investment Center and Shanghai Puxing Collaborative Private Equity Fund Partnership Enterprise. New investors in the financing included Tukar Capital, Fuzhou Xinhe Fund, Shenzhen Luohu Donghai Chempartner Investment Fund, and Keyuan Pharma. Existing investors also participated, including BioVeda China Fund, YD Capital, Jiashan State VC, Detong Capital, Wedo Capital, and Biometas.

Visibuilt Raises €3.34 Million To Advance Mycelium-Based Construction Binders

By Amit Chowdhry ● Jul 13, 2026

Visibuilt, a Danish biotechnology company developing biobased alternatives to conventional construction binders, has raised €3.34 million in seed funding. The round was co-led by EIFO and Unconventional Ventures, with participation from Proptechfonden and returning investor EMDFonden. The financing will support the continued development and commercialization of visiBINDER, Visibuilt’s mycelium-based binder designed for paving and infrastructure applications.