Venture Capital

Tenzai: $75 Million Seed Round Raised To Launch Autonomous AI Penetration Testing Platform

By Amit Chowdhry ● Today at 4:34 PM

Tenzai, an AI-native cybersecurity company built to identify autonomously and remediate vulnerabilities in enterprise software, has launched out of stealth with a $75 million seed round. This marks one of the largest known seed rounds in the cybersecurity sector. The funding was led by Greylock Partners, Battery Ventures, and Lux Capital, with participation from Swish Ventures and several angel investors.

Uare.ai Raises $10.3 Million Seed Funding To Advance Personal Individual AI Models

By Amit Chowdhry ● Today at 4:33 PM

Uare.ai (formerly Eternos.life) announced that it has raised $10.3 million in seed funding to accelerate the development of its Individual AI platform, which creates personal digital counterparts that reflect a person's thoughts, communication style, and decision-making processes. The funding round was led by Mayfield and Boldstart Ventures, with participation from strategic investors. The company will use the new capital to expand hiring, enhance platform capabilities, and prepare for a product launch later this year.

Wonderful: $100 Million Series A Secured To Accelerate Global Adoption Of AI Agents

By Amit Chowdhry ● Today at 2:17 PM

Wonderful has raised $100 million in a Series A round led by Index Ventures, marking one of the largest early-stage financings for a company building enterprise AI agents. The funding comes just three months after the company announced a $34 million seed round, reflecting rapid market traction and growing demand for localized AI automation across global enterprise operations.

Potters Industries: Majority Stake Acquired By Macquarie-Led Consortium

By Amit Chowdhry ● Today at 1:34 PM

Macquarie Asset Management, alongside co-investors including UniSuper and Partners Capital, has signed an agreement to acquire a majority stake in Potters Industries from TJC. The transaction is expected to close in the first half of 2026 pending regulatory approvals and standard closing conditions. Potters is headquartered in Malvern, Pennsylvania, and operates 26 manufacturing and logistics sites across North America and Europe, with additional presence in South America and Asia.

NextSense: $16 Million Series A Raised For Advancing Launch Of Clinically Accurate EEG Smartbuds

By Amit Chowdhry ● Today at 1:05 PM

NextSense, a company developing wearable EEG technology for consumer wellness, announced the close of a $16 million Series A funding round led by Ascension Ventures. Additional investors in the oversubscribed round include Satori Neuro and Corundum Neuroscience Fund, as well as individual backers David Eagleman, Esther Dyson, and Bradley Horowitz. The new funding supports the company’s plans to bring its Smartbuds product to market in Q4 2025.

EVE Raises $2 Million To Launch Inbox-Based Revenue Engine For SMBs

By Amit Chowdhry ● Today at 11:02 AM

EVE, a platform designed to help small B2B businesses recover revenue hidden in daily emails, announced it has raised $2 million in pre-seed funding. The round was led by Firsthand.VC with participation from a16z’s Scout Fund, Acquisition.com Ventures, Geek Ventures, Founders Future, Punch Capital, Silicon Gardens, and several notable angel investors, including the co-founders of Slack and Hugging Face and the former CEO of Oura. The funding will support product development and expand EVE’s rollout to the hundreds of small businesses currently on its waitlist, with plans to scale to thousands in the coming months.

Francisco Partners To Acquire Majority Stake In OEConnection

By Amit Chowdhry ● Today at 10:36 AM

Francisco Partners has agreed to acquire a majority stake in OEConnection, a global technology platform that supports the automotive aftersales ecosystem. The stake is being purchased from Genstar Capital. Genstar, along with Ford and General Motors, will remain minority investors. Financial terms were not disclosed.

IBI Ag Completes $10 Million Series A Funding Raised To Protect High-Value Crops

By Amit Chowdhry ● Today at 10:31 AM

IBI Ag announced the completion of its Series A funding round totaling $10 million, marking a significant step forward in advancing the company’s bioinsecticide platform. Corteva led the round through its Corteva Catalyst platform, alongside participation from The Trendlines Group, Iron Nation, Consensus Business Group, and a grant from the Israel Innovation Authority. Bandera Capital and First Imagine Ventures joined the round to support its completion.

Coalesce Capital To Buy Majority Stake In DecisionHR

By Amit Chowdhry ● Today at 10:29 AM

Coalesce Capital has agreed to acquire a majority stake in DecisionHR, a national provider of human resources outsourcing services. The transaction is expected to close by the end of the year, subject to customary regulatory approvals and closing conditions. The current management team will continue leading the company following the transaction and will retain a meaningful ownership stake alongside existing shareholders.

Allurion Announces Key FDA Progress And Secures $5 Million Private Placement Financing

By Amit Chowdhry ● Today at 10:26 AM

Allurion Technologies announced that it has achieved several significant milestones in the U.S. Food and Drug Administration Pre-Market Approval process for the Allurion Smart Capsule, signaling continued progress toward potential approval in the United States. The company has also entered into an agreement that would eliminate all of its outstanding debt through an exchange transaction, along with completing a $5 million private placement financing that includes participation from new and existing stockholders, as well as a strategic investor with expertise in obesity.

Blaize: $30 Million Raised Through Private Placement For AI Computing Solutions

By Amit Chowdhry ● Today at 10:22 AM

Blaize Holdings, a provider of programmable and energy-efficient edge AI computing solutions, announced that it entered into a securities purchase agreement with Polar Asset Management Partners to raise approximately $30 million in gross proceeds through a private investment in public equity transaction involving common stock and warrants. The transaction is expected to close on November 12, subject to customary closing conditions.

J2 Ventures: $250 Million Brookhaven Fund Raised To Scale Dual-Use Technology For National Security And Commercial Markets

By Amit Chowdhry ● Today at 6:53 AM

J2 Ventures announced the close of its $250 million oversubscribed Brookhaven Fund. The Boston-based venture capital firm focuses on technology that advances both commercial markets and U.S. national security. The fund secured commitments from JP Morgan, MetLife, Upsher Management, Alpha Leonis Partners, and the State Investment Council of New Mexico, along with additional institutional and family office investors. This marks one of the largest early-stage funds dedicated to dual-use innovation.

myTomorrows: $29 Million Raised To Expand Global Access To Pre-Approval Therapies

By Amit Chowdhry ● Today at 6:49 AM

myTomorrows announced it has raised $29 million in new growth funding from Avego to scale its AI-enabled platform that connects patients, physicians, trial sites, and BioPharma partners to pre-approval treatments. The company stated that the investment will expand its international reach, enhance platform capabilities, and strengthen collaborations across the pharmaceutical ecosystem.

Unconventional Ventures Announces €80M Fund II to Back Underrepresented Founders

By Amit Chowdhry ● Today at 6:46 AM

Unconventional Ventures announced the first close of its second fund, Unconventional Ventures Fund II, totaling €80 million. The new fund is designed to support founders building scalable, globally focused companies while expanding opportunities for underrepresented entrepreneurs across Europe.

Eldridge: £57 Million Provided To Support Port One Logistics Park Expansion

By Amit Chowdhry ● Today at 5:45 AM

Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management, has provided £57 million across two financing facilities further to develop Port One Logistics Park in Ipswich, Suffolk. The financings are part of a multi-year collaboration between Eldridge and Curzon de Vere to advance the long-term development of the Port One master plan.

Qorium: €22 Million Secured To Advance Cultivated Leather Commercialization

By Amit Chowdhry ● Today at 5:42 AM

Qorium, the Dutch biotechnology company focused on developing cultivated leather, announced that it has raised €22 million in new funding from Invest-NL and LIOF, along with continued support from existing investors Brightlands Venture Partners and Sofinnova Partners. Several private investors also participated in the financing, and the investment from Invest-NL was made through the European Commission's InvestEU guarantee scheme.

Highview: £130 Million Raised To Advance First Phase Of Hunterston Long Duration Energy Storage Facility

By Amit Chowdhry ● Yesterday at 9:56 PM

Highview has secured £130 million in new capital to begin construction on the initial stage of its planned 3.2GWh hybrid long-duration energy storage facility in Hunterston, Scotland. With this announcement, the company has now raised more than £500 million to commercialize and scale its long-duration renewable energy storage solutions.

IK Partners To Invest In Endrix

By Amit Chowdhry ● Yesterday at 8:08 PM

IK Partners announced that the IK Small Cap IV Fund has signed an agreement to invest in Endrix, a French accountancy and advisory firm. The investment will be made alongside the company’s existing partners. This marks the third transaction from IK Small Cap IV, which closed with €2 billion in commitments in July. The transaction is subject to regulatory approvals, and financial terms were not disclosed.

Arkyn: €4 Million Raised To Accelerate Global Expansion And Advance SAP-Integrated Maintenance Software

By Amit Chowdhry ● Yesterday at 8:00 PM

Arkyn, a Copenhagen-based enterprise software company focused on modernizing asset and maintenance operations on top of SAP, has secured €4 million in new financing. The round was co-led by Compounding Capital and Trifork Labs. The investment will support Arkyn’s continued global expansion, including deeper growth in the United States and DACH markets, as well as further development of its frontline worker app suite and new AI-driven product capabilities.

Spectral Compute: $6 Million Raised To Expand GPU Portability For High-Performance Computing

By Amit Chowdhry ● Yesterday at 7:59 PM

Spectral Compute, the developer of SCALE, announced that it has raised $6 million in seed funding. Costanoa led the round with participation from Crucible and several angel investors. The company plans to use the new capital to accelerate market expansion and advance product development as it continues to introduce greater hardware flexibility across high-performance computing and artificial intelligence environments.

TRIP: $40 Million Raised To Accelerate Growth Of Calming Beverage Brand

By Amit Chowdhry ● Yesterday at 7:04 PM

TRIP has raised $40 million in new funding led by well-known investors, including Joe Jonas, Alessandra Ambrosio, Paul Wesley, Ashley Graham, and consumer-focused investment firm Coefficient Capital. The company, which has become the fastest-growing drinks brand in the United States this year according to Spins data, is on pace to reach $100 million in annual revenue in 2025 and is projected to double that to $200 million the following year.

Praesidian Capital Completes Strategic Follow-On Equity Investment In Round 2

By Amit Chowdhry ● Yesterday at 7:02 PM

Praesidian Capital announced that it has completed a strategic follow-on equity investment in Round 2, a designer and manufacturer of collectible models, die-cast vehicles, hobby products, and authentic farm toys. The firm initially partnered with Round 2 in 2021 to support the expansion of its product portfolio and its reach across collector and hobbyist communities.

CoLab: $72 Million Series C Raised To Advance AI For Engineering Design Workflows

By Amit Chowdhry ● Yesterday at 7:00 PM

CoLab has raised $72 million in Series C financing as the company expands its role in applying AI to complex engineering and hardware development. The round was led by Intrepid Growth Partners, with participation from existing investors, including Insight Partners, which increased its stake through a super-pro rata investment, along with Y Combinator, Pelorus VC, Killick Capital, and Spider Capital. This marks the third consecutive round in which these investors have backed the company, reflecting continued confidence in CoLab’s momentum and market position.

Greenland Resources Secures Funding From EIT RawMaterials To Advance Magnesium Extraction Pilot

By Amit Chowdhry ● Yesterday at 6:55 PM

Greenland Resources announced that it has entered into a Financial Sustainability Agreement with EIT RawMaterials GmbH, a public-private partnership co-funded by the European Union under Horizon Europe. Under this agreement, EIT RawMaterials will provide €500,000 (approximately C$815,000) in funding to support work on magnesium extraction from process saline water at the Company’s Malmbjerg molybdenum project in Greenland. The funding arrangement involves the issuance of shares in accordance with conversion terms detailed in a related put and call structure between the parties.

Decagon Announces Commercial Pilot With Deutsche Telekom And Strategic Investment from T.Capital

By Amit Chowdhry ● Yesterday at 6:53 PM

Decagon announced a new commercial pilot with Deutsche Telekom, along with a strategic investment from T.Capital, the corporate venture arm of Deutsche Telekom. The announcement was made at Web Summit 2025 in Lisbon, where Decagon is delivering featured discussions on enterprise AI adoption and customer service transformation.

BITE Data: $3 Million Raised To Advance AI Solutions For Global Trade Compliance

By Amit Chowdhry ● Yesterday at 6:52 PM

BITE Data Corporation, a Leesburg, Virginia-based AI-native SaaS company focused on global trade compliance automation, has raised a total of $3 million across its Pre-Seed and Seed Series rounds. The company closed a $2.5 million Series Seed round led by Las Olas Venture Capital, with participation from New Dominion Angels and Blue Impact Venture Capital. This funding follows the company’s $500,000 Pre-seed round, announced in June of this year, which was supported by Techstars and Refashiond Ventures.

Clio: Completion Of $1 Billion vLex Acquisition And $500 Million Series G At $5 Billion Valuation

By Amit Chowdhry ● Yesterday at 5:58 PM

Clio announced it has completed its $1 billion acquisition of vLex, marking one of the most significant transactions in the history of legal technology. The announcement coincides with the close of Clio’s $500 million Series G funding round led by New Enterprise Associates, which values the company at $5 billion. Additional participation came from TCV, Goldman Sachs Asset Management, Sixth Street Growth, and JMI Equity. The transaction also includes a $350 million debt facility led by Blackstone and funds managed by Blue Owl Capital.

Neros: $75 Million Series B Raised To Scale Domestic Drone Manufacturing And Support U.S. Defense Programs

By Amit Chowdhry ● Yesterday at 5:42 PM

Neros has secured a $75 million Series B funding round led by Sequoia Capital, with participation from Vy Capital US and Interlagos. The funding follows a period of rapid production scaling, increased revenue, and successful deployments across key U.S. defense customers. The company recently fulfilled a significant drone order for the U.S. Marine Corps. And it was selected as a primary supplier of first-person view drones to the U.S. Army through its Purpose-Built Attritable Systems program.

AirOps: $40 Million Series B Raised For Advancing Growth As Brands Adapt To AI Search

By Amit Chowdhry ● Yesterday at 3:52 PM

AirOps announced that it has raised $40 million in Series B funding led by Greylock, with participation from Unusual Ventures, Wing Venture Capital, XFund, Village Global VC, Frontline VC, and more than two dozen growth and marketing leaders. This brings the company’s total funding to $60 million. The new investment follows a period of rapid expansion as brands increasingly look to position themselves within AI-driven search experiences.

Majestic Labs: Over $100 Million Raised To Launch Next Generation AI Server Architecture

By Amit Chowdhry ● Yesterday at 3:50 PM

Majestic Labs has emerged from stealth with more than $100 million in financing and unveiled a next-generation AI server architecture designed to resolve the growing mismatch between memory capacity and compute power in advanced AI workloads. Founded by former Google and Meta engineering leaders, the company has introduced a system capable of delivering 1000 times the memory capacity of current top-tier GPU servers and consolidating what typically requires multiple racks of equipment into a single server.