Startups

Jiko: Strategic Investment Raised For Banking And Liquidity Platform

By Amit Chowdhry ● Oct 17, 2025

Jiko, a banking and liquidity platform fully built on U.S. Treasury bills (T-bills), announced new strategic investments from Coinbase and Blockstream Capital Partners, alongside key partnerships with major industry players, including Crypto.com, Bitso, and Blockstream. The partnerships further establish Jiko as a preferred infrastructure provider for institutions seeking secure, yield-generating, and always-on financial solutions rooted in U.S. government-backed assets.

Jupiter Endovascular: $40 Million Series B Raised For Transforming Fixation Technology

By Amit Chowdhry ● Oct 17, 2025

Jupiter Endovascular, a medical technology company pioneering a new class of endovascular procedures with its proprietary Transforming Fixation (TFX) platform, announced the close of an oversubscribed Series B financing round that exceeded its $40 million target. The round was led by Sonder Capital, with participation from Senvest Management, LB Investment, and a new strategic corporate investor.

Affinia Therapeutics: $40 Million Series C Raised For Advancing Gene Therapies For Cardiovascular And Neurological Diseases

By Amit Chowdhry ● Oct 17, 2025

Affinia Therapeutics, a biotechnology company pioneering engineered adeno-associated virus (AAV) gene therapies for severe cardiovascular and neurological conditions, has announced the closing of a $40 million Series C financing round. The raise was led by New Enterprise Associates (NEA), with participation from new investor Eli Lilly & Company, as well as existing investors Alexandria Venture Investments, Atlas Venture, Avidity Partners, F-Prime Capital, GV (formerly Google Ventures), Mass General Brigham Ventures, and Perceptive Advisors.

Sugar Free Capital: $32 Million Inaugural Fund Launched

By Amit Chowdhry ● Oct 17, 2025

Sugar Free Capital has officially launched its first fund, a $32 million debut vehicle focused on investing in deeply technical founders, often alumni of the Massachusetts Institute of Technology (MIT), who are building the next generation of category-defining companies.

Lucio: $5 Million Raised For Expanding AI-Native Legal Workspace Globally

By Amit Chowdhry ● Oct 16, 2025

Lucio, a Bengaluru-based AI-native legal workspace platform built by lawyers for lawyers, announced it had raised $5 million in funding earlier this year to expand globally and deepen its product capabilities. The round was led by DeVC alongside high-net-worth investors Ashish Kacholia and Lashit Sanghvi, underscoring growing confidence in Lucio’s mission to transform the way legal professionals work with AI.

Coinflow: $25 Million Series A Secured For Global Payments Infrastructure

By Amit Chowdhry ● Oct 16, 2025

Coinflow, a Chicago-based next-generation payment service provider (PSP), has secured $25 million in Series A funding to expand its instant, fraud-proof global payments and payouts platform. The round was led by Pantera Capital, with participation from CMT Digital, Coinbase Ventures, The Fintech Fund, Jump Capital, Reciprocal Ventures, and founders and operators from more than a dozen leading fintech and blockchain companies.

Heidi: $65 Million Series B Raised For Building First AI Care Partner For Clinicians

By Amit Chowdhry ● Oct 16, 2025

Melbourne-based health technology company Heidi has closed a $65 million USD Series B funding round led by Point72 Private Investments, with continued participation from Blackbird, Headline, and Latitude, the growth fund of Phoenix Court. The funding round values the company at $465 million, bringing total funding to nearly $100 million as it accelerates its mission to build an AI Care Partner for every clinician.

Agio Ratings: $6 Million Raised For Enhancing Risk Intelligence For Digital Assets

By Amit Chowdhry ● Oct 16, 2025

Agio Ratings, a fast-rising innovator in digital asset risk assessment, announced it has raised $6 million in new funding led by AlbionVC, with additional participation from Portage Ventures and MS&AD. This latest round brings the company’s total funding to over $11 million, fueling its mission to deliver institutional-grade risk intelligence to financial institutions entering the digital asset markets.

Oath Surgical: $24 Million Series A Raised For Building AI-Based Surgeon-Led Network

By Amit Chowdhry ● Oct 16, 2025

Oath Surgical has secured $24 million in an oversubscribed Series A funding round led by FPV Ventures, with participation from McKesson Ventures and existing investors OSE, Black Opal Ventures, Tau Ventures, and Rogue VC. The new funding brings the company’s total funding to $35 million.

Daylight Energy: $75 Million Closed To Expand Decentralized Energy Network And Launch DayFi Protocol

By Amit Chowdhry ● Oct 16, 2025

Daylight Energy, a decentralized energy company focused on transforming homes into distributed power plants, announced it has raised $75 million to expand its crypto-powered network and introduce a decentralized finance (DeFi) platform for renewable energy investments. The funding includes $15 million in equity financing led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital. Additionally, Turtle Hill Capital led a $60 million project development facility to support deployment.

Splash: $14.5 Million Series B Closed For Improving Social Sports Gaming Platform

By Amit Chowdhry ● Oct 16, 2025

Splash Sports, a leading skill-based social sports gaming platform, announced that it has raised $14.5 million in Series B funding to accelerate its growth across the U.S. and Canada. The investment round was led by Dream Ventures with participation from Boston Seed, Velvet Sea Ventures, Green Wave Ventures, and Evolution Partners. The round also included participation from EP Golf Ventures, a partnership between the PGA of America and Elysian Park Ventures, the private investment arm affiliated with the Los Angeles Dodgers ownership group.

Quilter: $25 Million Series B Raised For Automating PCB Design With Physics-Driven AI

By Amit Chowdhry ● Oct 16, 2025

Quilter, a Los Angeles-based company pioneering fully autonomous printed circuit board (PCB) design through physics-driven artificial intelligence, announced a $25 million Series B funding round led by Index Ventures. The financing will accelerate Quilter’s commercial growth as it transforms PCB layout, which is the foundation of every hardware product, into a fully automated process.

Enurgen: $4.1 Million Seed Funding Closed For Advancing Expansion Of Solar Performance Software

By Amit Chowdhry ● Oct 16, 2025

Enurgen, an Ottawa-based developer of advanced solar energy yield performance software, announced it has closed a $4.1 million seed funding round to fuel global expansion and accelerate its product roadmap. The funding round was co-led by the Business Development Bank of Canada (BDC), Brightspark Ventures, and Diagram Ventures, with participation from MaRS IAF.

RunBuggy: $37 Million Series B Closed For AI-Based Automotive Logistics Platform

By Amit Chowdhry ● Oct 16, 2025

RunBuggy, a Phoenix-based technology company redefining automotive transportation and logistics, announced it has raised $37 million in Series B funding, led by Centana Growth Partners, a growth equity firm focused on financial services and technology. The funding round also included participation from OMI Capital, one of RunBuggy’s early investors.

EvenUp: $150 Million Series E At $2 Billion Valuation Raised For Improving Personal Injury Law

By Amit Chowdhry ● Oct 16, 2025

EvenUp, a San Francisco-based pioneer in AI-powered personal injury law, announced it has raised $150 million in Series E funding, bringing its valuation to over $2 billion. The funding round was led by Bessemer Venture Partners, with participation from REV (the venture arm of RELX, owner of LexisNexis Legal & Professional), B Capital, SignalFire, Adams Street, Premji Invest, Bain Capital, HarbourVest, Lightspeed, and Broadlight Capital.

AeroRx Therapeutics: $21 Million Series A Closed For Advancing Inhaled AERO-007 For COPD Into Late-Stage Development

By Amit Chowdhry ● Oct 16, 2025

AeroRx Therapeutics, a clinical-stage biopharmaceutical company focused on innovative nebulized therapies for chronic respiratory diseases, announced the completion of a $21 million Series A financing led by Avalon BioVentures, with participation from Correlation Ventures, Alexandria Venture Investments, and other investors.

Eradivir: $10 Million Private Financing Raised For Advancing Antiviral Therapeutics For Influenza And RSV

By Amit Chowdhry ● Oct 16, 2025

Eradivir, a clinical-stage biotechnology company developing small-molecule immunotherapies that harness the body’s immune system to combat viral infections, announced the closing of a $10 million private financing round.

Campfire: $65 Million Series B Raised To Advance AI-Based Finance Transformation

By Amit Chowdhry ● Oct 16, 2025

Campfire Software, a San Francisco-based company reimagining enterprise resource planning (ERP) for finance teams, announced it has raised $65 million in Series B funding co-led by Accel and Ribbit. This funding round follows closely on the heels of Campfire’s $35 million Series A just 12 weeks prior, bringing its total funding to over $100 million in record time.

Peptilogics: $78 Million Raised For Advancing Zaloganan Toward Pivotal Trial For Prosthetic Joint Infections

By Amit Chowdhry ● Oct 16, 2025

Peptilogics, a clinical-stage biotechnology company pioneering surgical therapeutics for medical device infections, has closed an oversubscribed $78 million Series B2 financing round. The funding round was led by Presight Capital, Thiel Bio, and Founders Fund, with additional participation from AMR Action Fund, Narya Capital, and Beyond Ventures.

Membrion: $20 Million Series B1 Closed For Advancing Industrial Wastewater Reuse

By Amit Chowdhry ● Oct 16, 2025

Membrion, a Seattle-based innovator in ceramic desalination membranes, announced the closing of a $20 million Series B1 funding round. The investment was anchored by Pangaea Ventures, PureTerra Ventures, Ecolab Inc., and W. L. Gore & Associates, with participation from The Lewis Family Office and existing backers including Safar Partners, Lam Research, Indico Ventures, and Giantleap Capital.

Appy.AI: $5 Million Seed Funding Raised And Conversational AI Business Creation Platform Launched

By Amit Chowdhry ● Oct 16, 2025

Appy.AI, a Denver-based startup redefining the future of AI entrepreneurship, announced the public beta launch of its AI business creation platform after raising $5 million in seed funding led by Dan Scholnick at Four Rivers and Founder Collective.

Realm.Security: $15 Million Series A Raised To Transform Security Data Pipelines

By Amit Chowdhry ● Oct 16, 2025

Realm.Security, a cybersecurity company redefining how enterprises manage security data, announced it has raised $15 million in Series A funding led by Jump Capital, with participation from Glasswing Ventures and Accomplice.

Noventiq: Strategic Equity Investment Raised From Niobrara Capital

By Amit Chowdhry ● Oct 16, 2025

Noventiq, a leader in digital transformation and cybersecurity solutions, announced that it has secured a significant equity investment from Niobrara Capital, a U.S.-based private equity firm focused on technology and enterprise services.

Pimly: $2.25 Million Raised For Advancing Product Clouds On Salesforce

By Amit Chowdhry ● Oct 16, 2025

Pimly, a Chicago-based technology company building the first Product Cloud natively integrated into Salesforce, has secured $2.25 million in strategic funding led by High Alpha. The funding will accelerate Pimly’s mission to redefine how enterprises manage and activate product experiences across Commerce, Sales, and Service in Salesforce’s growing ecosystem.

Pelage Pharmaceuticals: $120 Million Series B Raised For Advancing Regenerative Medicine Hair Loss Treatment

By Amit Chowdhry ● Oct 16, 2025

Pelage Pharmaceuticals, a Los Angeles–based biotechnology company developing regenerative treatments for hair loss, announced the close of a $120 million Series B financing round co-led by ARCH Venture Partners and GV (Google Ventures). The funding round included participation from existing investors such as Main Street Advisors, Visionary Ventures, and YK Bioventures.

Vertical Semiconductor: MIT Spin-Off Closes $11 Million In Seed Funding For Advancing Next-Gen AI Chips And Data Centers

By Amit Chowdhry ● Oct 16, 2025

Vertical Semiconductor, a deep-tech startup spun out of the Massachusetts Institute of Technology (MIT), has raised $11 million in seed funding to commercialize its breakthrough vertical gallium nitride (GaN) transistor technology. The funding round was led by Playground Global, with participation from JIMCO Technology Ventures, milemark•capital, and Shin-Etsu Chemical.

Aragorn AI Raises $4.3 Million to Build the People Ops Operating System for the AI Era

By Amit Chowdhry ● Oct 16, 2025

Aragorn AI, a Dallas-based startup developing an integrated operating system for human resources, has raised $4.3 million in a seed funding round led by LiveOak Ventures with participation from Dallas Venture Capital.

Starship Technologies: $50 Million Series C Raised To Expand Autonomous Delivery Fleet

By Amit Chowdhry ● Oct 16, 2025

Starship Technologies, a leading autonomous delivery company, announced that it has raised $50 million in a Series C funding round led by Plural. Investors in the round include Plural, Karma.vc, Latitude, Coefficient Capital, SmartCap (funded by the European Union’s NextGenerationEU initiative), and Skaala.

Airbound: $8.65 Million Seed Funding Raised For Autonomous Delivery Logistics Platform

By Amit Chowdhry ● Oct 15, 2025

Airbound, an autonomous delivery logistics company developing blended-wing-body (BWB) aircraft for efficient cargo transport, has raised $8.65 million in seed funding and announced a pilot partnership with Narayana Health. The round was led by Lachy Groom, co-founder of Physical Intelligence, with participation from Humba Ventures and continued support from Lightspeed. The funding also includes contributions from senior leaders at Tesla, SpaceX, and Anduril.

ŌURA: Over $900 Million Raised For Expanding Health Platform

By Amit Chowdhry ● Oct 15, 2025

ŌURA, the maker of the Oura Ring and a global leader in preventive health technology, announced that it has raised over $900 million in new funding to expand its platform, accelerate product innovation, and strengthen its global presence. The round was led by Fidelity Management & Research Company, with significant participation from ICONIQ, Whale Rock, and Atreides, valuing the company at approximately $11 billion. The new financing will support ŌURA’s mission to make proactive, data-driven health accessible to millions of people worldwide.