Startups

Modal Labs: $355 Million Raised At $4.65 Billion Valuation For AI Infrastructure Platform

By Amit Chowdhry ● May 24, 2026

Modal Labs has raised $355 million in a Series C funding round that values the company at $4.65 billion, according to Reuters. The funding round was led by Redpoint Ventures and General Catalyst, with participation from Accel and Menlo Ventures, according to Reuters.

Exa Raises $250 Million In Series C Funding For AI Search Infrastructure In Series C Round

By Amit Chowdhry ● May 24, 2026

Exa, an AI-native search infrastructure company building search tools for AI agents and applications, announced a $250 million Series C funding round at a reported $2.2 billion valuation. The round was led by Andreessen Horowitz as the company accelerates development of search systems designed specifically for AI workloads rather than traditional human web browsing.

CVRD Health: $5 Million Seed Round Raised To Modernize Benefits Compliance For Federal Contractors

By Amit Chowdhry ● May 24, 2026

CVRD Health announced a $5 million seed funding round led by Upfront Ventures, with participation from Waterline Ventures and Distributed Ventures. The company said the funding will support platform development, expansion of its compliance and member advocacy teams, and broader adoption of its benefits management platform among federal government contractors nationwide.

Aboard: $13 Million Raised For Next-Gen Electric Travel Trailer Platform

By Amit Chowdhry ● May 24, 2026

Aboard, a Southern California-based startup focused on modern mobile living, announced it has completed a Pre-Series A financing round, bringing the company’s total funding to $13 million. The round was led by Ondine Capital and Llama Ventures, and the new capital will support the company’s next phase of growth as it prepares its extended-range electric travel trailer for mass production.

EarSmartAI: Pre-Seed Investment To Advance AI-Powered Pediatric Ear Infection Diagnostics

By Amit Chowdhry ● May 24, 2026

EarSmartAI, a pediatric healthcare technology company developing an AI-powered ear infection diagnostic platform, announced it secured a $250,000 pre-seed investment from Boomerang Ventures as the company looks to address the growing demand for scalable pediatric diagnostic solutions. The company also named veteran MedTech executive Mark Terrill as CEO and Co-Founder.

The Path: $14.3 Million Seed Raised For AI Therapy Platform Focused On Proactive Mental Health Care

By Amit Chowdhry ● May 24, 2026

The Path, a global AI therapy platform focused on long-term mental wellness, announced $14.3 million in seed funding led by Prime Movers Lab with participation from Apolo Anton Ohno, Deontay Wilder, and Designer Fund. The company was co-founded by Tony Robbins, Anson Whitmer, and Tyler Sheaffer.

ClearOps: €8.6 Million Series A Raised To Build AI Operating System For OEM After Sales

By Amit Chowdhry ● May 24, 2026

ClearOps, an AI-powered after sales platform for industrial OEMs, announced the closing of an €8.6 million Series A funding round led by Hitachi Ventures, with participation from Schoeller Group and Barkawi Group.

Scapia: $63 Million Raised For AI-First Travel Fintech Expansion

By Amit Chowdhry ● May 24, 2026

Scapia, an Indian travel-fintech company, announced it has raised $63 million in a funding round led by General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The company said the funding will be used to accelerate growth across India, strengthen its AI-first product strategy, expand its brand presence, and hire top AI talent across engineering, product, data science, and design.

SPARQ: $8.5 Million Seed Round Launched For AI-Native Game Engine

By Amit Chowdhry ● May 24, 2026

SPARQ, an AI-native game engine and creator platform headquartered at Ras Al Khaimah’s Innovation City, announced the launch of an $8.5 million seed funding round with early participation from Andreessen Horowitz’s scout fund. The company said the funding marks a major milestone as it looks to expand access to game development tools for creators worldwide.

Doozy Robotics: Seed Funding Fuels Global Expansion Of Physical AI Industrial Workforce

By Amit Chowdhry ● May 24, 2026

Doozy Robotics, a Singapore-based physical AI humanoid company focused on autonomous industrial workforces, announced a global expansion across the United States, GCC, and Asia as it prepares for a planned Series A fundraising round. The company said the expansion is supported by seed-stage backing from investors including Cocoon Capital following what it described as strong commercial traction.

Pivot: $40 Million Series B Raised For Enterprise AI Procurement Operating System

By Amit Chowdhry ● May 24, 2026

Pivot announced it has raised $40 million in a Series B funding round, bringing the total amount raised since the company’s founding in 2023 to $70 million. The oversubscribed round was led by Forestay Capital and Notion Capital, with participation from Greyhound, procurement industry veterans, and existing investors including Hedosophia, Visionaries Club, and Emblem.