Startups

Artis: $7.3 Million Seed Round To Expand AI-Powered Brand Platform For Residential Design Firms

By Amit Chowdhry ● Jun 12, 2026

Artis announced a $7.3 million seed funding round led by LiveOak Ventures, with participation from mark vc and Capital Factory. The Austin-based company also secured up to $3 million in revolving credit from Banc of California, bringing its total potential capital to $10.3 million.

Chptr Raises $5.5 Million Series A To Expand Hyperlocal Media Distribution Platform

By Amit Chowdhry ● Jun 12, 2026

Chptr announced that it raised $5.5 million in Series A funding led by CityRock, with participation from Tribute Technology and strategic partnerships with iHeartMedia, Sinclair, and Hearst. The financing will support the company’s mission of building a new distribution layer for timely, community-focused stories across television, radio, and digital channels.

Star51 Capital Announces First Close Of Inaugural Medtech And AI Venture Fund

By Amit Chowdhry ● Jun 12, 2026

Star51 Capital announced the first close of its inaugural venture fund, establishing an operator-led investment platform focused on companies at the intersection of medical technology and artificial intelligence. The fund’s first close was anchored by Abbott and Mayo Clinic, with additional participation from senior Medtech executives, physicians, life sciences professionals, and the firm’s general and operating partners.

Rejuvenate Bio Closes $6 Million Financing And Strategic R&D Collaboration With Merck Animal Health

By Amit Chowdhry ● Jun 12, 2026

Lifespan Vision Ventures announced that portfolio company Rejuvenate Bio has completed a $6 million financing round and entered into a strategic research and development collaboration with Merck Animal Health, marking a key milestone in advancing gene therapies for chronic and age-related diseases in companion animals.

Turnout Raises $35 Million Series A At $400 Million Valuation To Expand AI-Powered Consumer Advocacy Platform

By Amit Chowdhry ● Jun 12, 2026

Turnout announced that it raised $35 million in Series A funding, bringing the company’s valuation to $400 million. The round was led by HighPost Capital, with participation from Shine Capital, LGVP, Mangusta Capital, Honeystone Ventures, and investor Omri Casspi.

PhoenixAI Raises $80 Million Series B To Accelerate Agentic AI Database Platform

By Amit Chowdhry ● Jun 12, 2026

PhoenixAI announced that it raised $80 million in Series B funding led by Sky9 Capital, with participation from Atypical Ventures, Olive Technology Ventures, and existing investors. The financing will support continued development of the company’s AI-native database platform, expansion of go-to-market initiatives, and enhanced governance capabilities for regulated industries.

Current Raises $80 Million Series E At $1.5 Billion Valuation As Growth Exceeds 70% For Third Consecutive Year

By Amit Chowdhry ● Jun 12, 2026

Current announced it has raised $80 million in Series E funding at a $1.5 billion valuation, led by Springcoast Partners. The financing builds on support from existing investors, including Andreessen Horowitz, Tiger Global Management, Avenir, Foundation Capital, Wellington Management, Sapphire Ventures, and QED Investors.

Diamond Brew Closes Oversubscribed Seven-Figure Pre-Seed Funding Round

By Amit Chowdhry ● Jun 12, 2026

Diamond Brew, maker of America's first shelf-stable brewless coffee pod, announced the close of an oversubscribed seven-figure pre-seed funding round. Investors include G/7 Venture Studio, Filipp Chebotarev of Cambridge Companies SPG, Beckett Industries, SGL Acquisitions, LLC, music executive and strategic advisor Charlie Walk, Kingsland Capital Group, Nobel Partners, Daniel Faierman of Habitat Partners, and a group of NFL players, including Sean Clifford and DeAndre Hopkins. The round also drew participation from seasoned CPG operators Alex Sourry, Lily Rogath, and Dom Purpura, whose brand Mela was recently acquired.

Mendo Raises €12 Million Series A To Accelerate Enterprise GenAI Adoption

By Amit Chowdhry ● Jun 12, 2026

Mendo announced that it has raised €12 million in Series A funding in a round led by Educapital, Ventech, TOMCAT, and OVNI Capital.

Courtroom Emerges From Stealth With Pre-Seed Funding to Bring AI Jury and Judge Simulations to Litigation Teams

By Amit Chowdhry ● Jun 12, 2026

Courtroom announced its public launch and disclosed pre-seed funding to introduce a new category of litigation technology focused on AI-powered jury and judge simulations. The platform enables legal teams to incorporate juror and judicial perspectives into case development and trial strategy from the earliest stages of litigation through trial.

Prometheus Raises $12 Billion Series B At $41 Billion Valuation To Develop AI Tools For Engineering And Manufacturing

By Amit Chowdhry ● Jun 12, 2026

Prometheus, the artificial intelligence startup co-led by Amazon founder Jeff Bezos and Stanford professor Vik Bajaj, has raised $12 billion in Series B funding at a $41 billion valuation, according to comments made by Bezos during an interview with CNBC.