Startups

Proxima Fusion Raises €411 Million At €2.4 Billion Valuation

By Amit Chowdhry ● Jul 8, 2026

Proxima Fusion announced a €411 million ($468 million) financing round. The round brings the company’s valuation to €2.4 billion ($2.7 billion) and establishes Proxima Fusion as the best-funded fusion company in Europe.

inKind: Liberty Mutual Investments Commits $320 Million To Support Restaurant Growth

By Amit Chowdhry ● Jul 8, 2026

Liberty Mutual Investments announced a strategic financing partnership with inKind, a restaurant commerce enablement platform and technology company. LMI provided more than $320 million in financing, serving as both a senior and mezzanine lender.

Beeline Medicines Raises $426.3 Million Series A To Advance Autoimmune And Inflammatory Disease Portfolio

By Amit Chowdhry ● Jul 8, 2026

Beeline Medicines announced the closing of a $126.3 million Series A extension. The new funding brings the company’s total Series A financing round to $426.3 million. The extension adds to Beeline Medicines’ previously announced $300 million Series A financing. The funding came from existing shareholders and investors, including Bain Capital, Canada Pension Plan Investment Board, Bristol Myers Squibb, and certain members of the company’s management team.

Arato Raises $10 Million Seed Round To Improve AI Quality Assurance

By Amit Chowdhry ● Jul 8, 2026

Arato announced that it has raised a $10 million seed round. The round was led by TLV Partners. Jibe Ventures also participated in the financing. Additional backers included a16z’s Raghu Raghuram, the former CEO of VMware, and Marianna Tessel, the former CTO of Intuit.

Keyfactor Raises Over $1 Billion Strategic Growth Investment Led By Summit Partners

By Amit Chowdhry ● Jul 8, 2026

Keyfactor announced a strategic growth investment of more than $1 billion led by Summit Partners. The company said the investment reflects rising urgency around machine identity security and the growing importance of trust infrastructure for enterprises operating in the AI and post-quantum era.

Even Realities Raises $150 Million At $1 Billion Valuation To Build AI Smart Glasses

By Amit Chowdhry ● Jul 8, 2026

Even Realities Technology raised $150 million in a pre-Series B funding round. The round valued the Chinese smart-glasses company at $1 billion. The financing included investors such as Meituan and Tencent. The funding makes Even Realities a unicorn as it looks to compete in the AI wearable market.

Quaise Energy Raises $134 Million Series B Initial Close To Build Superhot Geothermal Power Plant

By Amit Chowdhry ● Jul 8, 2026

Quaise Energy announced the initial close of its Series B financing, raising $134 million. The round was led by Prelude Ventures, with strategic investments from JERA and Idemitsu, two of Japan’s largest energy companies. Nearly all existing investors, including Safar Partners, also participated in the round. The Series B brings Quaise Energy’s total funding raised to date to $230 million, with additional equity and debt capital expected to close soon.