Venture Capital

Reka: $110 Million Raised For Multimodal AI Expansion

By Amit Chowdhry ● Jul 29, 2025

Reka, a leader in multimodal AI, has raised $110 million from investors including NVIDIA and Snowflake. This investment will accelerate the adoption and development of Reka's efficient multimodal AI platforms, which are built by a world-class research team.

Aidoc: $150 Million Raised For CARE Healthcare Foundation Model

By Amit Chowdhry ● Jul 29, 2025

Aidoc has raised $150 million for its Healthcare Foundation Model, CARE, which aims to improve clinical decision-making for 100 million patients. This funding, led by General Catalyst and Square Peg, brings Aidoc's total to $370 million and will accelerate CARE's development and expand aiOS, the company's enterprise platform for clinical AI.

Transcend Imaging: Investment Raised From Modular Devices

By Amit Chowdhry ● Jul 29, 2025

Modular Devices, a leading provider of mobile medical imaging equipment and cleanroom solutions, has announced a strategic investment in Transcend Imaging, a prominent provider of mobile MR imaging labs. This partnership aims to enhance Modular Devices' position in the mobile MRI market and expand its product offerings.

Spear AI: Seed Funding Raised To Advance Maritime AI Solutions

By Amit Chowdhry ● Jul 29, 2025

Spear AI, a leader in maritime artificial intelligence solutions, has successfully completed its seed funding round, with investments from Scare the Bear Capital and Cortical Ventures. This funding will enhance Spear AI's product offerings, scale its Horizon platform, and improve maritime sensor capabilities.

UChicago And IBM Partnering To Boost Illinois Quantum Startups

By Amit Chowdhry ● Jul 29, 2025

The University of Chicago and IBM are collaborating to support startups in Duality, the nation’s first quantum startup accelerator. This partnership will accelerate the development of quantum software and applications using the IBM Quantum System Two, set to be deployed at the Illinois Quantum and Microelectronics Park (IQMP).

Scopio Labs: $10 Million More Raised For Automating Blood Morphology

By Amit Chowdhry ● Jul 29, 2025

Scopio Labs has launched its new AI-based Complete Blood Morphology (CBM) analyzer, designed to automate the traditionally manual blood morphology diagnostic process fully. This innovation seeks to address the global laboratory staffing crisis while improving efficiency by analyzing ten times more cells than current methods.

Lyra: $6 Million Seed Funding Raised For AI-Based Sales Meeting Platform

By Amit Chowdhry ● Jul 29, 2025

Lyra, an AI-native meeting platform for sales teams, has successfully completed a $6 million seed funding round, raising its valuation to $40 million. Led by 468 Capital, the investment also includes contributions from Rebel Fund, Y Combinator, Transpose Ventures, and executives from companies like Ramp, Gusto, and Zapier.

Carlyle Investing $250 Million In FarmOp Capital For Boosting Farmer Financing

By Amit Chowdhry ● Jul 29, 2025

Carlyle announced a $250 million partnership with FarmOp Capital, a provider of farm operating loans in the U.S., aimed at increasing access to flexible financing for independent row crop farmers.

Maro: $4.3 Million Raised For Combating Human Risks In Cybersecurity

By Amit Chowdhry ● Jul 29, 2025

Maro, a cognitive security platform designed to proactively manage human risk in cybersecurity, has announced the completion of a $4.3 million seed funding round from Downing Capital Group. This investment will fuel team growth, product development, and the company's go-to-market strategy for its newly available platform.