Startups

Literal Labs: £4.6 Million Pre-Seed Funding Raised For Developing Energy-efficient Logic-Based AI

By Amit Chowdhry ● Jun 5, 2025

Literal Labs, a logic-based AI algorithm company led by former Arm VP Noel Hurley, announced that it has raised £4.6 million ($6.2 million) in pre-seed funding. The funding round was led by Northern Gritstone (a science and tech-focused investment firm from Northern England) and co-led by Mercuri (a London-based fund focused on companies at the intersection of media, entertainment, and technology sectors), with participation from Sure Valley Ventures, Cambridge Future Tech SPV, and several angel investors.

Cove: Growth Investment Raised From Lead Edge Capital

By Amit Chowdhry ● Jun 4, 2025

Cove, a commercial property management software that combines tenant experience and building operations to connect the entire building ecosystem, announced a new investment from leading growth equity firm Lead Edge Capital. This new funding from Lead Edge Capital follows closely on the heels of previous funding led by Nuveen Real Estate in 2024 and Blackstone Innovations Investments in 2022.

LuminX: $5.5 Million Seed Funding Raised To Transform Warehouse Operations

By Amit Chowdhry ● Jun 4, 2025

LuminX, an AI-based company advancing inventory automation and visibility, announced the closing of its $5.5 million seed funding round. The seed funding round was supported by a multitude of investors, including 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and the Bond Fund. Plus, significant participation in the funding round also came from previous investors in Voxel and customers.

SpyGlass Pharma: $75 Million Series D Raised For Advancing Drug Delivery Platform For Glaucoma Patients

By Amit Chowdhry ● Jun 4, 2025

SpyGlass Pharma, a privately held ophthalmic biotechnology company, announced the closing of a $75 million Series D financing round. Sands Capital led the Series D funding round, which was joined by Gilde Healthcare and existing investors New Enterprise Associates (NEA), RA Capital, Vensana Capital, Samsara BioCapital, and Vertex Ventures HC.

Rally UXR: $11 Million Series A Raised For User Research Platform

By Amit Chowdhry ● Jun 4, 2025

Rally UXR, a leading User Research CRM platform, announced it has raised $11 million in a Series A funding round led by Canapi Ventures with participation from existing investors Stage 2 Capital and Y Combinator.

pWin.ai: $10 Million Seed Funding Raised For AI-Based Proposal Platform

By Amit Chowdhry ● Jun 4, 2025

pWin.ai, an AI proposal-writing copilot built with Shipley best practices inside, announced it has raised $10 million in a seed funding round led by MicroStrategy co-founder Sanju Bansal, members of the Blue Delta Capital team, and other Government Contracting (GovCon) industry leaders. This funding will advance pWin.ai’s product innovation, customer growth, and market expansion.

Infleqtion: $100 Million Series C Raised For Scaling Quantum Solutions

By Amit Chowdhry ● Jun 4, 2025

Infleqtion, the only company actively commercializing atom-based quantum systems across computing, sensing, and precision timing, announced a $100 million Series C funding round backed by new, existing, and strategic investors, including Glynn Capital, Counterpoint Global (Morgan Stanley), S32, SAIC, and others.

LIMITED: $7 Million Seed Funding Raised For Scaling Stablecoin Banking Platform

By Amit Chowdhry ● Jun 4, 2025

Limited, a next-generation fintech startup offering stablecoin-based premium global banking services with self-custody, announced it has raised a $7 million seed funding round led by North Island Ventures, with participation from existing investors Third Prime and Arche Capital, alongside new investors Collab+Currency and SevenX Ventures. This round brings Limited's total funding to $10 million since its founding last year.

AgentSmyth: $8.7 Million Seed Raised For Autonomous Agent Platform

By Amit Chowdhry ● Jun 4, 2025

AgentSmyth, an autonomous agent platform for trading and investment delivering real-time and institutional-grade intelligence to professional traders, announced it has closed an $8.7 million seed round, co-led by FinTech Collective and Thomson Reuters, with BNY joining through its Ascent fintech-innovation program. This new funding round brings the company’s total funding to $11.2 million, including a $2.5 million pre-seed led by Michael Rafferty, president and CEO of Rafferty Holdings, who also participated in the current round.

Yieldstreet: $45 Million Series D Raised For Private Markets Investment Platform

By Amit Chowdhry ● Jun 4, 2025

Yieldstreet - a leading private markets investment platform - announced the closing of an initial $45 million equity investment as part of its planned $60 million Series D funding round, led by existing investors Tarsadia Investments, Mayfair Equity Partners, and Edison Partners.

TAE Technologies: $150 Million Raised For Fusion Energy Platform

By Amit Chowdhry ● Jun 4, 2025

TAE Technologies, a leading fusion energy company developing a clean and safe approach to commercial fusion power, announced that it has raised over $150 million in its latest funding round, exceeding the company's initial target for the round. Chevron, Google, and NEA participated in the round, along with other new and existing investors.

Growve: Majority Equity Investment Raised For Health And Wellness Platform

By Amit Chowdhry ● Jun 4, 2025

Growve, a leader in the health and wellness industry, announced that it has secured a majority equity investment led by Palm Beach Capital (PBC), with participation from G-Bar Ventures and NMP Capital. In connection with the deal, Growve also closed on new debt financing from TCW Private Credit and NMP Capital to support its continued growth and strategic initiatives.

Outmin: €4 Million Raised For Scaling AI Bookkeeping

By Amit Chowdhry ● Jun 4, 2025

Outmin, an intelligent bookkeeping company that automates financial data production and eliminates manual data entry, announced a €4 million funding round led by Praetura Ventures via its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance - which is managed by Praetura as part of the Northern Powerhouse Investment Fund II.

Volare: €26 Million Raised For Advancing Insect Protein Technology

By Amit Chowdhry ● Jun 3, 2025

Finnish biotech company Volare announced the closing of a €26 million funding round to build Volare 01 – which is a facility set to become the most efficient protein production plant in the world and to advance its unique technology.

ClickHouse: $350 Million Series C Raised For Columnar Database Management Platform

By Amit Chowdhry ● Jun 3, 2025

ClickHouse - a leader in real-time analytics, data warehousing, observability, and AI/ML - announced it has raised $350 million in Series C funding. The funding round was led by Khosla Ventures, with participation from new investors BOND, IVP, Battery Ventures, and Bessemer Venture Partners, as well as existing investors including Index Ventures, Lightspeed, GIC, Benchmark, Coatue, FirstMark, and Nebius.

ProteinQure: $11 Million Series A Raised For Computational Peptide Therapeutics

By Amit Chowdhry ● Jun 3, 2025

ProteinQure, a computational peptide therapeutics company, announced the closing of an $11 million Series A financing round. The funding round was led by Tom Williams of Heron Rock Fund, with participation from Golden Ventures, Kensington Capital, and select returning investors. This brings ProteinQure’s total funding to $16 million across seed and Series A rounds.

Heron Power: $38 Million Series A Raised For Energy Infrastructure Platform

By Amit Chowdhry ● Jun 3, 2025

Energy infrastructure company Heron Power announced that it raised $38 million in Series A funding led by Capricorn Investment Group’s Technology Impact Fund, with participation from Breakthrough Energy Ventures, Energy Impact Partners, Gigascale Capital, Powerhouse Ventures, Valor Equity Partners, Tesla co-founder JB Straubel, and former Tesla CFO Zach Kirkhorn. This funding round brings the total raised by Heron Power to $43 million.