Startups

Solix: $29.5 Million Raised For Transforming Decentralized Internet Infrastructure

By Amit Chowdhry ● Apr 14, 2025

Solix DePIN, a decentralized physical infrastructure networks company, announced it has secured $29.5 million in funding from Eclip Foundation. This funding will advance the development of Solix's groundbreaking MODEL CONTEXT PROTOCOL (MCP) technology, which enables intelligent bandwidth sharing without affecting users' internet experience.

nEye Systems: $72.5 Million Raised To Transform AI Infrastructure With Optical Switch Technology

By Amit Chowdhry ● Apr 14, 2025

nEye Systems, an optical switch startup founded by UC Berkeley technologists, announced the completion of a $58 million Series B round of financing led by Alphabet’s independent growth fund CapitalG with participation from M12 (Microsoft’s venture fund); Micron Ventures; NVIDIA; and Socratic Partners. This funding brings the company’s total funding to $72.5 million. nEye had previously secured an unannounced Series A led by TEDA Holdings with support from Innolight Technology USA and additional Seed funds.

Northern Gritstone: £50 Million Funding Raised To Invest In Life Sciences Companies

By Amit Chowdhry ● Apr 13, 2025

Northern Gritstone is a deep-tech and life sciences investment firm founded with the support of the Universities of Sheffield, Leeds, and Manchester. The firm has announced its latest fundraise of £50 million from leading institutional investors, bringing its total permanent capital to £362 million.

Tessell: $60 Million (Series B) Closed For AI-Based Multi-Cloud Data Ecosystems

By Amit Chowdhry ● Apr 13, 2025

Tessell, a next-generation multi-cloud database-as-a-service (DBaaS) that enables enterprises and startups to accelerate database, data, and application modernization journeys at scale, announced a $60 million Series B funding round, bringing total funding to $94 million. The funding round was led by WestBridge Capital, with continued strong participation from Lightspeed Venture Partners and new investments from B37.vc and Rocketship.vc.

Sparrow Quantum: €21.5 Million Raised For Advancing Photonic Quantum Innovation In Europe

By Amit Chowdhry ● Apr 12, 2025

Sparrow Quantum, a leading European photonic quantum chip supplier, announced it has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. PensionDanmark led the funding round, which also included backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the European Innovation Council.

Springtail: $2.5 Million (Pre-Seed) Raised To Scale PostgreSQL Performance

By Amit Chowdhry ● Apr 12, 2025

Springtail, which is a company providing a new way to scale PostgreSQL, announced it has raised a $2.5 million pre-seed round led by Google's early-stage AI fund Gradient. The oversubscribed funding round also included participation from Octave and angel investors.

Amca: $76.5 Million Raised To Acquire And Develop Aerospace And Defense Products

By Amit Chowdhry ● Apr 12, 2025

The Advanced Manufacturing Company of America (Amca), based in El Segundo, California, launched with $76.5 million in initial funding and a vision for renewing the aerospace and defense industry's entrepreneurial spirit and engineering legacy. Backed by Caffeinated Capital, Founders Fund, Lux Capital, Andreessen Horowitz, and others, Amca acquired its first supplier (Electro-Mech Components) in South El Monte, CA, and counts Boeing among its customers for its line of human-machine interface products.

Ottometric: $10 Million (Series A) To Advance AI-Based ADAS Validation

By Amit Chowdhry ● Apr 12, 2025

Ottometric—an emerging technology leader in the validation of Advanced Driver Assistance Systems (ADAS)—announced a $10 million Series A funding round. Schooner Capital led the round, which included existing investors Rally Ventures and Proeza Ventures and new investors PS27 and Somersault Ventures. The new funding will support Ottometric's rapid growth and accelerate the development of its breakthrough ADAS validation platform.

Base Power: $200 Million (Series B) Raised For Home Energy Service

By Amit Chowdhry ● Apr 12, 2025

Base Power announced it has raised $200 million in Series B funding, co-led by Addition, Andreessen Horowitz, Lightspeed Venture Partners, and Valor Equity Partners, with participation from existing investors Thrive Capital, Altimeter, Terrain, Trust, and others. With this new funding round, Base Power will continue rapid growth, bringing affordable and reliable energy to more homes across Texas while preparing for national expansion with its battery-powered home energy service.

Auxilium Health: Pre-Seed Funding And Grant Raised For Biomaterials That Accelerate Skin Tissue Regeneration

By Amit Chowdhry ● Apr 12, 2025

Auxilium Health announced the closing of an oversubscribed $1.5 million, pre-seed funding round, exceeding its $1.2 million target, led by regional investors and leaders committed to driving innovation, economic growth, and the healthcare ecosystem across Ohio. And the Auxilium team also received a $275,000 grant from the National Science Foundation (NSF), underscoring strong national validation of their biomaterial technology.

DIAMO: $4 Million (Seed) Raised For Advancing Revenue Platform For AI-Based Revenue Platform

By Amit Chowdhry ● Apr 11, 2025

DIAMO, a revenue platform for independent hotels, announced it has secured $4 million in seed funding, led by Thayer Ventures and Inovia Capital, with participation from Avalon Capital Group and several angel investors. This funding round will advance product development and support DIAMO's global expansion while advancing its goal to help independent hotels succeed by simplifying access to better revenue strategies.

Luzern Risk: $12 Million (Series A) Closed For End-To-End Captive Insurance Platform

By Amit Chowdhry ● Apr 11, 2025

Luzern Risk (formerly XN Captive) announced a $12 million Series A funding round from Caffeinated Capital to advance its goal of modernizing captive insurance for the underserved middle market.

Nuro: $106 Million (Series E) Raised At $6 Billion Valuation For Autonomous Driving Platform

By Amit Chowdhry ● Apr 11, 2025

Autonomous driving technology Nuro announced it has raised $106 million so far in its ongoing Series E funding round, which values the company at $6 billion.

Rondah AI: $1.8 Million (Pre-Seed) Closed For Helping Dental With Appointment Bookings

By Amit Chowdhry ● Apr 11, 2025

Rondah AI, an AI platform purpose-built for dental service organizations (DSOs), announced a $1.8 million pre-seed funding round co-led by 2048 Ventures and Twelve Below.

Neuranics: $8 Million (Seed) Raised To Advance Magnetic Sensing Technology

By Amit Chowdhry ● Apr 11, 2025

Neuranics - a Scottish deep-tech semiconductor company driving the future of human-machine interaction - announced it has raised $8 million in seed funding to advance global growth and the commercial adoption of its Tunnelling Magnetoresistance (TMR) magnetic sensing technology.

Global Gaming League: $10 Million (SAFE) Closed For Multi-Title Platform

By Amit Chowdhry ● Apr 11, 2025

The Global Gaming League (GGL), which is a global gaming entertainment and media company, announced the raising of $10 million for its SAFE round led by Solyco Capital. GGL was founded by Grammy-nominated, multi-platinum music producer, and entrepreneur Clinton Sparks, in partnership with music icon T-Pain and tech visionary Jeff Hoffman (Priceline, UBid, Booking.com).

Octane: $6.75 Million (Seed) Raised For AI-Based Cybersecurity For Crypto

By Amit Chowdhry ● Apr 11, 2025

Octane announced it has secured $6.75 million in a seed funding round co-led by Archetype and Winklevoss Capital. The funding round also included participation from Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners and strategic angels including Balaji Srinivasan, Sina Habibian, and others.

Five Good Friends: Strategic Growth Investment Raised From TPG

By Amit Chowdhry ● Apr 11, 2025

Five Good Friends announced a strategic investment from leading global alternative asset management firm TPG to fund its continued growth in the home care industry.

Penn State University: Student Startups Win Funding Prizes For Inc.U Competition

By Amit Chowdhry ● Apr 11, 2025

Penn State University revealed in a news release that Joy Tac (a student startup from Penn State Harrisburg) won first place and $15,000 in the 2025 Invent Penn State Inc.U Competition. And as a kickoff to Penn State Startup Week powered by PNC, six student teams from four Penn State campuses pitched their startups to a panel of judges, competing for $30,000 in total funding prizes.

Olaris: Strategic Investment Raised From Labcorp

By Amit Chowdhry ● Apr 11, 2025

Olaris, a precision medicine company leveraging metabolomics and machine learning to discover and develop its myOLARIS diagnostics products, announced an investment from Labcorp, a leader of innovative and comprehensive laboratory services, as part of its Series-B1 financing. Labcorp joins existing investors Robert Carpenter, Innospark Ventures, North Point Partners, Alumni Ventures, and new investor US Boston Growth Capital.