Startups

Cagent Vascular: $41 Million Series D Raised Following First Human Use Of Serranator SONIC IVL System

By Amit Chowdhry ● May 19, 2026

Cagent Vascular announced the successful completion of first human-use cases with the Serranator SONIC Intravascular Lithotripsy (IVL) System and the closing of an oversubscribed $41 million Series D financing round.

Benji: $6.25 Million Raised For Loyalty Partnership Infrastructure Platform

By Amit Chowdhry ● May 19, 2026

Benji, a universal API platform for loyalty partnerships, announced a $6.25 million seed funding round led by Preface Ventures and Atinc, with participation from Great North Ventures, M25, and Hyde Park Venture Partners. The company said the funding will support the expansion of its engineering and go-to-market teams in Chicago and New York as it continues scaling integrations across its loyalty partnership network.

ProEncia Biotechnology: Pre-Seed Funding Raised To Advance Patent-Pending Periodontal Disease Treatments

By Amit Chowdhry ● May 19, 2026

ProEncia Biotechnology, a fast-growing biopharma startup based in the Twin Cities, announced that it has closed significant pre-seed funding to advance its next-generation periodontal disease treatment platform. The funding will support the continued development, commercialization, and licensing of the company’s pipeline of novel, non-invasive periodontal care products designed for patients across all stages of periodontal disease severity.

Blank Bio: $7.2 Million Seed Financing Raised To Advance RNA Foundation Models For Precision Oncology

By Amit Chowdhry ● May 19, 2026

Blank Bio, an applied AI research lab focused on training foundation models for RNA, announced the closing of a $7.2 million seed financing round along with a strategic collaboration with Pacific Biosciences to advance RNA foundation models for precision oncology.

Forlong Biotechnology: RMB 120 Million Series Pre-B Financing Raised To Advance Cytokine Therapy Pipeline

By Amit Chowdhry ● May 19, 2026

Forlong Biotechnology, a clinical-stage biotech company focused on developing cytokine therapies for patients with severe unmet medical needs, announced the completion of an RMB 120 million, approximately $17.5 million, Series Pre-B financing round. The round was co-led by an undisclosed fund and Fudan Capital, with participation from Changshu Guofa Venture, Kunsheng Relay Fund, and other investors.

Accro Bioscience: $50 Million Series C Raised To Advance Immune Mediated Disease Pipeline

By Amit Chowdhry ● May 19, 2026

Accro Bioscience announced the closing of a $50 million Series C financing round led by OrbiMed, with participation from TCG Crossover (TCGX), LAV, Cenova Capital, and existing investors Shenzhen Capital Group (SCGC) and Oriza Holdings.

Kin Health: $9 Million Raised To Build Patient-Owned Health Records From Doctor Conversations

By Amit Chowdhry ● May 19, 2026

Kin Health, a consumer health platform founded by practicing physicians, announced a $9 million seed round to help patients better understand and retain information from their medical appointments. The funding round was led by Maveron, with participation from Town Hall Ventures, Flex Capital, Eniac Ventures, Pear VC, and several healthcare and technology investors.

Nourish: $100 Million Series C Raised For AI-Native Metabolic Health Clinic

By Amit Chowdhry ● May 19, 2026

Nourish announced a $100 million Series C round, bringing the company’s total funding to $215 million as it expands its AI-powered metabolic healthcare platform focused on reversing chronic disease. The funding round was led by Menlo Ventures, with participation from Thrive Capital, Index Ventures, J.P. Morgan Growth Equity Partners, Maverick Ventures, Y Combinator, BoxGroup, Atomico, Daybreak, and Operator Partners. As part of the investment, Menlo Ventures partner J.P. Sanday will join Nourish’s board.

Lexroom: $50 Million Series B Raised To Expand Legal AI Platform Across Civil Law Europe

By Amit Chowdhry ● May 19, 2026

Lexroom announced it raised $50 million in Series B funding led by Left Lane Capital, with participation from Base10 Partners, Eurazeo, Acurio Ventures, Entourage, and View Different. The funding round comes eight months after the company’s $19 million Series A and brings Lexroom’s total funding to more than $73 million.

Moburst: $11.8 Million Raised From Digital Marketing-Focused Investment Firm Chrysalis Holdings

By Amit Chowdhry ● May 19, 2026

Moburst announced it secured an $11.8 million strategic investment from Chrysalis Holdings, a private investment firm focused on financial services and direct marketing industries. The investment includes an equity stake in the agency and expanded services supporting Chrysalis portfolio company NewDay USA.

Scope: $20 Million Raised For AI Inspection Platform Transforming The TIC Industry

By Amit Chowdhry ● May 19, 2026

Scope, an AI workflow platform for the testing, inspection and certification (TIC) industry, announced it has raised $20 million in funding led by Index Ventures with participation from Susa Ventures, Entrepreneurs First, and Syndicate 1. The company also attracted notable angel investors including Mehdi Ghissassi, Cedric Pech, Naren Shaam, and Andy Szybalski.

Decart: $300 Million Raised At Nearly $4 Billion Valuation Raised To Make Switching AI Chips Easier

By Amit Chowdhry ● May 19, 2026

Decart, a frontier AI research lab focused on real-time video and world models, announced a $300 million funding round led by Radical Ventures as the company expands its infrastructure platform for low-latency AI systems. New investors in the round included NVIDIA, Adobe Ventures, Toyota Ventures, eBay Ventures, Atreides Management, and Valor Equity Partners. Existing backers Sequoia Capital, Benchmark, and Zeev Ventures also participated. Individual investors included Andrej Karpathy, Michael Eisner, the Nintendo family, and gaming investor Moritz Baier-Lentz. This funding round was raised at nearly a $4 billion valuation.

Tomorrow.io: $210 Million Series F Expanded With Additional Investment From Pitango And Harel Insurance

By Amit Chowdhry ● May 18, 2026

Tomorrow.io, an AI weather intelligence and resilience platform company, announced an additional $35 million investment from existing partner Pitango and Harel Insurance, alongside Stonecourt Capital and HarbourVest Partners, increasing the company’s previously announced Series F financing round to $210 million.

Violet Therapeutics: $4.75 Million Seed Extension Raised For Small Molecule Program

By Amit Chowdhry ● May 18, 2026

Violet Therapeutics, a preclinical-stage biotechnology company focused on neurodegenerative diseases, announced a $4.75 million seed extension financing led by LifeSpan Vision Ventures. Additional participants in the round included Dementia Discovery Fund, UTEC, Ono Venture Investment, and Mass General Brigham Ventures.

Wonderlab Bio: Jetstream Venture Fund Investment Expands HealthTech Growth Strategy

By Amit Chowdhry ● May 18, 2026

Jetstream Venture Fund announced an investment in Wonderlab Bio, a Boston-based biotechnology company focused on off-the-shelf cell therapies. The investment expands Jetstream’s portfolio of high-growth companies across sectors, including regenerative medicine, aerospace, and artificial intelligence.

SponsorCX Raises Additional Series A Funding To Modernize Partnership Operations

By Amit Chowdhry ● May 18, 2026

SponsorCX announced an additional investment into its Series A funding round, led by Kickstart with participation from Blueprint Equity, Capital Eleven, Frazier Group, Helm Ventures, and several returning investors.

Dust: $40 Million Raised For Multiplayer Enterprise AI Platform

By Amit Chowdhry ● May 18, 2026

Dust, a multiplayer AI platform designed for human-agent collaboration inside enterprises, announced it has raised $40 million in Series B funding. The round was led by Abstract and Sequoia Capital, with participation from Snowflake and Datadog. With this financing, Dust has now raised more than $60 million in total funding.

Cosmico: €12 Million Raised By Future Of Work Platform To Expand Through M&A And Acquire Flatmates

By Amit Chowdhry ● May 18, 2026

Milan-based Cosmico, a Future of Work platform focused on digital talent, creator economy services, and AI-powered workforce solutions, announced it has raised €12 million in Series B funding.

LawX: €7.5 Million Raised To Build AI Operating System For Law Firms And Notaries

By Amit Chowdhry ● May 18, 2026

Berlin-based legal technology company LawX announced it has raised €7.5 million in funding as it expands its AI-powered operating system for law firms and notaries’ offices. The company also revealed it has surpassed €1 million in recurring revenue since launching its platform.

Alcolase: €1.5 Million Raised For Enzyme-Based Remedy Addressing Alcohol Intolerance

By Amit Chowdhry ● May 18, 2026

Ada Ventures announced it has co-led a €1.5 million funding round into Danish-British biotech company Alcolase, which is developing what it describes as the world’s first enzyme system designed to break down alcohol in the stomach before it enters the bloodstream. The round also included participation from Delphinus Venture Capital, Antler, Manigoff Invest, and a group of angel investors.

Sigma: $80 Million Raised At $3 Billion Valuation For AI Apps And Agentic Analytics Platform

By Amit Chowdhry ● May 18, 2026

Sigma, the AI Apps and agentic analytics platform, announced it has raised $80 million in Series E financing at a $3 billion valuation. The funding round was led by Princeville Capital and included participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures, and other investors. Existing investors participating in the round included Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures, and XN. JP Morgan served as placement agent for the financing.

Transient.AI: Series A Investment From NEXT Investors To Advance AI Innovation In Capital Markets

By Amit Chowdhry ● May 18, 2026

NEXT Investors announced an investment in the Series A financing round of Transient.AI, an AI-native investment management platform designed specifically for institutional trading environments. The financial terms of the funding round were not disclosed.

GovWell: $25 Million Series A Raised For AI Government Operating System

By Amit Chowdhry ● May 18, 2026

GovWell announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from GovTech industry leaders David Reeves, former president and CRO of OpenGov, Andreas Huber, founder and CEO of First Due, and Chris Bullock, founder and former CEO of ClearGov.

Monaco: $50 Million Series B Raised For AI-Powered Sales Platform Expansion

By Amit Chowdhry ● May 17, 2026

Monaco announced that it has raised $50 million in Series B funding as the company looks to expand its AI-powered sales platform following strong customer demand during its public beta phase. The funding round was led by Benchmark and came only months after Monaco emerged from stealth mode in February 2026. Existing investors Founders Fund and Human Capital also participated in the financing round. With the new investment, Monaco said its total funding now exceeds $85 million.

Fasset: $51 Million Series B Raised To Expand AI-Enabled Financial Infrastructure Network

By Amit Chowdhry ● May 17, 2026

Fasset announced that it has raised a $51 million Series B funding round with participation from SBI Group, Investcorp, Arz Portföy, and several additional strategic partners.

Onramp: $12.5 Million Series A Raised At $135 Million Valuation For Multi-Institution Bitcoin Custody Platform

By Amit Chowdhry ● May 15, 2026

Onramp, a bitcoin-centric financial services platform built on Multi-Institution Custody (MIC), announced it has raised a $12.5 million Series A round at a $135 million valuation led by Early Riders, with participation from strategic angel investors. The Austin-based company said it now custodies more than $1 billion in assets and has experienced zero security incidents since its founding.

Sprouts.ai: $9 Million Pre-Series A Raised To Scale AI Revenue Agents For B2B Enterprises

By Amit Chowdhry ● May 15, 2026

Sprouts.ai announced that it has raised $9 million in a Pre-Series A funding round led by True Global Ventures and Accel, bringing the company’s total funding to $14 million. The company is building AI-native Revenue Agents powered by a proprietary go-to-market data layer designed for B2B enterprises.

Rapido: $240 Million Raised At $3 Billion Valuation To Advance In India’s Mobility Ecosystem

By Amit Chowdhry ● May 15, 2026

Prosus announced it has increased its stake in Rapido through a combination of primary and secondary investments, including a $240 million primary funding round that values the company at $3 billion post-money. The investment builds on Prosus’ existing partnership with Rapido and highlights the firm’s continued confidence in India’s expanding digital economy and mobility ecosystem.

Arkeus: $18 Million Series A Raised To Scale AI Sensing Systems For Autonomous Military Platforms

By Amit Chowdhry ● May 15, 2026

Arkeus announced it has raised $18 million in Series A funding to expand its AI-powered sensing systems designed for autonomous platforms operating in contested military environments. The funding round was led by QIC Ventures, with participation from new investors R+VC, Folklore Ventures, and DYNE Ventures. Existing investors Main Sequence Ventures, Salus Ventures, and Beaten Zone also participated in the round.

PANTA: £3 Million Raised To Modernize Financial Index Infrastructure

By Amit Chowdhry ● May 15, 2026

PANTA announced that it has raised £3 million in new funding to accelerate the development and rollout of its index technology platform. The funding round includes £1.5 million from Fuel Ventures alongside a £1.5 million Innovation Loan from Innovate UK.