Startups

Code Metal: $125 Million Series B Raised For Verifiable Code Translation Platform

By Amit Chowdhry ● Feb 21, 2026

Boston-based Code Metal, a company focused on verifiable code translation for mission-critical industries, has closed a $125 million Series B financing round led by Salesforce Ventures. Additional participants in the round include Accel, B Capital, Smith Point Capital, J2 Ventures, Shield Capital, Overmatch, RTX, and others. The company also announced that Ryan Aytay, former CEO of Tableau, has joined as President and Chief Operating Officer.

Jump: $80 Million Series B Secured For Expanding Advisor Intelligence Engine

By Amit Chowdhry ● Feb 21, 2026

Jump, an AI platform built for financial advisors and other financial services professionals, announced it has closed an $80 million Series B funding round led by Insight Partners. The round included participation from new investors F-Prime, Allianz Life Ventures, TIAA Ventures and Peterson Partners, along with existing backers Battery Ventures, Sorenson Capital, Pelion Venture Partners and Citi Ventures, as well as several angel investors. The financing brings Jump’s total capital raised to $105 million, following a $20 million Series A round led by Battery Ventures last year.

Freeform Announces $67 Million Series B To Advance Scalable AI-Native Manufacturing

By Amit Chowdhry ● Feb 21, 2026

Freeform announced that it has closed a $67 million Series B funding round to accelerate its mission of scaling advanced metal additive manufacturing and eliminate traditional constraints on production capacity. The company said demand for its platform now consistently exceeds available capacity, shifting its focus from validating the technology to rapidly scaling production.

Origen Technology: $50 Million Strategic Investment Secured For Scaling AI In Real-World Applications

By Amit Chowdhry ● Feb 21, 2026

Origen Technology, an artificial intelligence company focused on deploying AI in real-world commercial environments, announced it has secured a $50 million strategic investment from BlueFive Capital.

Stacks: $23 Million Series A Raised For Agentic Enterprise Finance Platform

By Amit Chowdhry ● Feb 21, 2026

Stacks, an agentic artificial intelligence platform built for enterprise finance teams, announced it has raised a $23 million Series A round led by Lightspeed Venture Partners, with participation from EQT Ventures, General Catalyst and S16VC. The financing comes less than a year after the company’s $12 million seed round led by General Catalyst, underscoring its early traction and growth momentum.

NuCube Energy: $13 Million Raised For Nuclear Technology

By Amit Chowdhry ● Feb 21, 2026

NuCube Energy announced it has secured $13 million in funding as electricity demand surges across artificial intelligence, advanced manufacturing, and industrial reshoring sectors in the United States. The financing round was led by Arizona Nuclear Ventures and included investments from Emission Reduction Corporation and individual investors Rob Walton and Jordan Rose Walton.

Mirai: $10 Million Seed Funding Raised For Building AI Capability Layer

By Amit Chowdhry ● Feb 21, 2026

Mirai announced it has raised $10 million in seed funding to build an on-device AI capability layer designed to make local inference accessible and efficient for developers. The round was led by Uncork Capital.

Hook: $10 Million Series A Closed For Expanding Licensed Fan Remix Ecosystem

By Amit Chowdhry ● Feb 21, 2026

Hook, an artist-first social platform for fan-powered music creation, announced it has raised $10 million in a Series A funding round led by Khosla Ventures, with participation from existing investors Point72 Ventures, Imaginary Ventures, and Waverley Capital. The round brings the company’s total funding to $16 million. Existing investors across the music ecosystem include Palm Tree Crew, Three Six Zero, Avex, The Raine Group, and musician and DJ KSHMR.

Rapidata: $8.5 Million Seed Funding Closed For Scaling Global Human Feedback Network

By Amit Chowdhry ● Feb 21, 2026

Rapidata announced it has raised an $8.5 million seed round to accelerate AI development by scaling on-demand human feedback for model training and evaluation. The round was co-led by Canaan Partners and IA Ventures, with participation from Acequia Capital and BlueYard Capital.

Quantonation Closes €220 Million Second Fund To Scale Quantum And Industrial Technologies

By Amit Chowdhry ● Feb 21, 2026

New York and Paris-based venture capital firm Quantonation Ventures has closed its second flagship fund at €220 million, surpassing its €200 million target and becoming the largest dedicated quantum investment firm globally by assets under management.

Unicity Labs Raises $3 Million Seed Funding Round To Scale Peer-To-Peer Infrastructure For Autonomous AI Agents

By Amit Chowdhry ● Feb 21, 2026

Unicity Labs has raised $3 million in seed funding to advance its peer-to-peer cryptographic architecture designed for autonomous AI agents and agentic marketplaces. The round was led by Blockchange Ventures, with participation from Tawasal and Outlier Ventures. The company said the capital will support the development of the Unicity Protocol, which aims to enable AI agents to form trustless, peer-to-peer marketplaces at machine speed.

Hybridity AI Raises SEK 22 Million To Accelerate AI-Driven Compliance

By Amit Chowdhry ● Feb 21, 2026

Stockholm-based AI RegTech company Hybridity AI has raised SEK 22 million to accelerate the commercialization of its AI-native compliance platform, Hy5. Founded in 2023, the company has built a system designed to automate the most resource-intensive aspects of regulatory compliance, from interpreting complex regulations to ensuring ongoing adherence.

Energy Vault Raises $135.5 Million Financing And Reports First Positive Adjusted EBITDA

By Amit Chowdhry ● Feb 21, 2026

Energy Vault, a sustainable grid-scale energy storage and AI power infrastructure company, announced it has closed a financing transaction generating $135.5 million in proceeds, net of initial purchaser commissions. The company also previewed selected Q4 2025 financial results, highlighting its first positive quarterly Adjusted EBITDA and continued expansion into AI infrastructure and long-duration energy storage projects in Australia.

PolyGone Systems: Princeton University Spinout Raises $4 Million Seed Round To Scale Microplastic Monitoring And Removal

By Amit Chowdhry ● Feb 21, 2026

PolyGone Systems, a cleantech company and Princeton University spinout focused on microplastic monitoring and removal, announced it has raised $4 million in Seed funding to expand its filtration and water analysis capabilities. The round was led by FYRFLY Venture Partners, with participation from Tech Council Ventures, Interstate Fusion Ventures, Golden Seeds, and angel investors. The New Jersey Innovation Evergreen Fund matched $1.65 million of the raise.

Onshore: $31 Million Series B Raised For AI-Based Tax Platform

By Amit Chowdhry ● Feb 21, 2026

Onshore, an AI-powered tax platform formerly known as SPRX, announced it has raised $31 million in Series B funding to accelerate its expansion across additional U.S. tax and accounting domains. The round was led by FPV Ventures, with participation from Vertex Ventures, ADP Ventures, Y Combinator, and Restive Ventures. The financing brings the company’s total funding to $46 million.

Novig: $75 Million Series B Raised For Sports Prediction Market Platform

By Amit Chowdhry ● Feb 21, 2026

Novig has raised $75 million in a Series B round to expand its trader-first sports prediction market and accelerate its push toward federal regulation. The round was led by Pantera Capital, with participation from Multicoin Capital, Makers Fund, Edge Equity and existing investors Forerunner Ventures, Perceptive Ventures and NFX. The financing brings Novig’s total capital raised to more than $105 million.

Efficient Computer: $60 Million Series A Closed For Energy-Efficient Processor Technology

By Amit Chowdhry ● Feb 21, 2026

Efficient Computer has raised $60 million in a Series A funding round to accelerate development of its ultra-efficient general-purpose processors designed for artificial intelligence and advanced computing workloads. The round was led by Triatomic Capital, with participation from Eclipse, Union Square Ventures, Overlap Holdings, BoxGroup, RTX Ventures, Toyota Ventures, and Overmatch Ventures, among others. The financing brings the company’s total capital raised to $76 million.

Monark Markets Raises $8.1 Million Strategic Round For Building Brokerage And Wealth Platform Infrastructure

By Amit Chowdhry ● Feb 21, 2026

Monark Markets has raised $8.1 million in strategic financing to accelerate its mission of building standardized infrastructure connecting brokerage firms and wealth platforms to private markets. The round was led by F-Prime, with participation from The Treasury, Commerce Ventures, Grit Capital Partners, and BBAE Holdings.

Sift Biosciences Raises $3.7 Million Pre-Seed To Advance T-Cell Booster Platform

By Amit Chowdhry ● Feb 21, 2026

Sift Biosciences has closed an oversubscribed $3.7 million pre-seed financing round to accelerate development of its next-generation peptide immunotherapy platform designed to activate pre-existing memory T cells. The round was co-led by Freeflow Ventures and Lifespan Vision Ventures, with participation from Valuence Ventures, Eisai Innovation, SBI US Gateway Fund, and other early supporters.

Korsana Biosciences Launches With $175 Million To Advance Alzheimer’s Therapeutics

By Amit Chowdhry ● Feb 21, 2026

Korsana Biosciences, a biotechnology company focused on discovering and developing novel therapies to reduce the burden of neurodegenerative diseases, announced its emergence from stealth with $175 million in funding from a syndicate of healthcare investors.

Payra Raises $15 Million Growth Investment From Edison Partners

By Amit Chowdhry ● Feb 21, 2026

Payra, a B2B payments and accounts receivable automation platform built for blue-collar and construction-oriented businesses operating on legacy enterprise resource planning systems, announced that it has raised a $15 million growth equity investment from Edison Partners.

Aliro Raises $15 Million In Oversubscribed Round To Advance Physics-Based Cybersecurity

By Amit Chowdhry ● Feb 21, 2026

Aliro announced that it has raised $15 million in an oversubscribed funding round aimed at advancing what it describes as the next major paradigm shift in cybersecurity: moving digital trust from mathematical assumptions to the laws of physics. The round was led by Gutbrain Ventures, with participation from existing investors including Cisco Investments, as well as new investors Argon Ventures and Wonderstone Ventures, the corporate venture arm of Murata. The capital will support expanded deployments, ecosystem partnerships, and the company’s broader mission to redefine global security infrastructure.

DG Matrix Raises $60 Million Series A To Scale Power Infrastructure For AI And Electrification

By Amit Chowdhry ● Feb 21, 2026

DG Matrix announced it has closed a $60 million Series A funding round, bringing its total capital raised to over $100 million as it looks to accelerate the deployment of next-generation power infrastructure for AI data centers and broader electrification. The oversubscribed round was led by Engine Ventures, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures. Existing investors, including ABB, also committed additional capital.

Wayflyer Secures $250 Million Credit Facility From ATLAS SP Partners To Expand SME Funding Capacity

By Amit Chowdhry ● Feb 19, 2026

Wayflyer, a working-capital provider for fast-growing small businesses, has secured a $250 million, two-year credit facility from ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.

Guardian Capital Partners Closes $441 Million Fund IV

By Amit Chowdhry ● Feb 19, 2026

Guardian Capital Partners announced the final closing of Guardian Capital Partners Fund IV with $441 million in total capital commitments, reaching its hard cap in seven months from first close to final close. The fund was oversubscribed, supported by strong demand from a global base of institutional and private investors.

ProSomnus: $38 Million Strategic Investment Raised To Scale Smart Sleep Medicine

By Amit Chowdhry ● Feb 19, 2026

ProSomnus Sleep Technologies, a pioneer in Smart Sleep Medicine and the leading non-CPAP therapy for Obstructive Sleep Apnea (OSA), announced a strategic investment from Catalio Capital Management, L.P. to accelerate the global expansion of its technology-enabled sleep health platform.

LanzaJet: $47 Million At $650 Million Valuation Raised For Sustainable Aviation Fuel Technology

By Amit Chowdhry ● Feb 19, 2026

LanzaJet, a sustainable aviation fuel technology company and fuels producer, announced the first close of a $135 million target equity investment round at a $650 million pre-money enterprise valuation, securing a combined $47 million in capital alongside a previously awarded UK government grant.

Ownwell: $50 Million Series B Secured For Property Tax Appeals Platform

By Amit Chowdhry ● Feb 19, 2026

Ownwell, a property tax appeals platform focused on helping U.S. homeowners reduce their property tax bills, announced it has raised $50 million in Series B financing and launched a new National Appeals Packet to expand its services nationwide. The round brings the company’s total funding to $74 million.

Ascent: $45 Million Series C Raised For Student Lending Platform

By Amit Chowdhry ● Feb 19, 2026

Ascent, a San Diego-based student lending platform, announced it has closed a $45 million Series C financing round amid shifting federal loan policies that are driving increased demand for private education financing. The new capital comes as caps on federal student loans push more graduate students and career-focused learners toward private lenders to cover tuition gaps.

Adronite: $5 Million Raised For AI Codebase Intelligence Platform

By Amit Chowdhry ● Feb 19, 2026

Adronite, an AI-powered codebase intelligence platform, announced it has secured $5 million in Series A funding in a round led by Gatemore Capital Management. As part of the transaction, Gatemore Managing Partner Liad Meidar has been appointed Chair of Adronite’s Board of Directors.