Venture Capital

Karta Raises $140 Million To Bring U.S. Credit Cards To Global Travelers

By Amit Chowdhry ● Jun 21, 2026

Karta announced that it has raised $140 million in new financing, including a $15 million Series A round and a $125 million credit facility. The Series A round was led by Galaxy Ventures, with participation from Illuminate, Canary, Clocktower Ventures, and other investors. The $125 million debt facility was provided by Community Investment Management.

Mubadala Invests $200 Million In Greenlink Interconnector Alongside Equitix

By Amit Chowdhry ● Jun 21, 2026

Equitix announced that Mubadala has invested $200 million in Greenlink Interconnector Limited alongside Equitix.

Gradial Raises $65 Million Series C To Build Enterprise Marketing AI Platform

By Amit Chowdhry ● Jun 21, 2026

Gradial announced that it has raised $65 million in Series C funding to build what it describes as the first system of work for enterprise marketing. The round was led by Insight Partners, alongside VMG, Madrona, and PruVen. Gradial said it has now raised more than $110 million over the past 16 months.

Energy Fuels Receives Conditional $725 Million Financing Commitment From U.S. Government

By Amit Chowdhry ● Jun 21, 2026

Energy Fuels announced that it has received a conditional financing commitment for up to $725 million from the Department of War’s U.S. Office of Strategic Capital. The senior-secured debt financing is intended to support the expansion of Energy Fuels’ U.S. rare earths and critical materials production and processing capabilities.

Silver Point Leads $500 Million Term Loan Financing Supporting REPAY’s Acquisition Of KUBRA

By Amit Chowdhry ● Jun 21, 2026

Silver Point Capital announced that its Direct Lending business led a $500 million term loan financing in connection with REPAY’s acquisition of KUBRA. Silver Point is serving as the documentation agent in the transaction.

Dream Raises $260 Million At $3 Billion Valuation For Sovereign AI Platform

By Amit Chowdhry ● Jun 20, 2026

Dream announced that it has raised $260 million in funding to expand its sovereign AI and cyber defense platforms for governments and critical infrastructure. The round was co-led by Bicycle Capital and Group 11, with participation from Antler, Bain Capital Ventures, Tru Arrow Partners, and other global investors. The financing values Dream at $3 billion, three years after the company was founded.

Elanco To Launch $25 Million Corporate Venture Capital Platform

By Amit Chowdhry ● Jun 20, 2026

Elanco Animal Health announced plans to establish Elanco Ventures, a corporate venture capital platform focused on innovation in animal health. And Elanco Ventures will be backed by a $25 million multi-year commitment and is expected to launch in late 2026.

Memento Medicines Raises $93 Million Series A For Retinal Disease Therapy

By Amit Chowdhry ● Jun 20, 2026

Memento Medicines announced the completion of a $93 million Series A financing round to advance MMT-205, its lead biologic therapy for retinal diseases. The round was co-led by Forbion, RA Capital Management, and Avego BioScience Capital, with participation from Sanofi Ventures and Samsara BioCapital.

Reign Maker Group Acquires Majority Stake In Hyphen HQ

By Amit Chowdhry ● Jun 20, 2026

Hyphen HQ announced that Reign Maker Group has acquired a majority stake in the company. Hyphen is a talent management company focused on creator representation through shared ownership. Reign Maker Group is a creator economy holding company co-founded by Jonathan Chanti and Brad Morris. Financial terms of the transaction were not disclosed.

Cuprum Metals Raises $19.4 Million To Scale Copper Extraction Technology

By Amit Chowdhry ● Jun 20, 2026

Channel Robotics Raises $4.6 Million For Handheld Endoscopic Robotics Platform

By Amit Chowdhry ● Jun 20, 2026

Channel Robotics announced that it has raised $4.6 million in total funding to advance its handheld AI-enabled endoscopic robotic platform.