Venture Capital

S&P To Acquire Majority Stake In Agusto & Company, Expanding Ratings’ Presence In Africa’s Debt Markets

By Amit Chowdhry ● Yesterday at 12:47 PM

S&P Global has agreed to acquire a majority stake in Agusto & Co., a Pan-African rating agency with operations in Nigeria, Kenya, Rwanda, and Ghana. The investment will complement and support the growth strategy of the S&P Global Ratings division in Africa.

Enigma Raises $71 Million Seed Round And Puts The World’s First Interactive AI Robots Online

By Amit Chowdhry ● Yesterday at 12:46 PM

Enigma, a physical AI company, emerged from stealth with a $71 million seed round. Index Ventures and Ribbit Capital led the round, with participation from Conviction Partners and leaders from OpenAI, Anthropic, DeepMind, xAI, Cognition, and Wiz.

Dwelly Announces $170 Million Series B To Scale AI-Native Residential Lettings Platform

By Amit Chowdhry ● Yesterday at 12:44 PM

Dwelly has announced a $170 million Series B round. EQT Group led the round, co-led by General Catalyst and Trinity Capital, with participation from s16vc, Begin Capital, and DVC. Total funding to date reaches $260 million.

Biota Closes $3 Million Seed Round Led By Burnt Island Ventures To Scale Commercial Deployment Of PFAS Testing Technologies

By Amit Chowdhry ● Yesterday at 12:31 PM

Biota, an environmental diagnostics company, has closed a $3 million seed financing round. Burnt Island Ventures led the round, with significant participation from DeepWork Capital. The round also included renewed participation from Antler, Beyond Utility Water Ventures, and the Deming Center Venture Fund.

Trace Biosciences Raises Strategic Investment From Axogen

By Amit Chowdhry ● Yesterday at 12:28 PM

Trace Biosciences, a clinical-stage biotechnology company developing nerve-targeted imaging agents, has received a strategic investment from Axogen, Inc. The investment was part of Trace's Series A financing round, with additional investors expected to join.

Provable Markets Raises Series B Funding Round Led By Charles Schwab, With Additional Participation By DTCC

By Amit Chowdhry ● Yesterday at 12:27 PM

Provable Markets, operator of the securities finance platform Aurora, has completed its Series B investment round. Charles Schwab led the round, with DTCC joining as a new investor, alongside participation from existing investors Dialectic Capital Management and Inkef.

GTCR Closes $1.25 Billion Capital Solutions Fund

By Amit Chowdhry ● Yesterday at 12:26 PM

GTCR, a private equity firm, has closed its inaugural Capital Solutions Fund with approximately $1.25 billion in aggregate commitments. Limited partner commitments came almost exclusively from existing, long-term investors in other GTCR funds.

InvestiFi Raises $20 Million To Accelerate Embedded Investing For Credit Unions And Community Banks

By Amit Chowdhry ● Yesterday at 12:24 PM

InvestiFi, a Credit Union Service Organization and operator of the InvestTech platform, has raised $20 million in funding. Vibe Credit Union led the round, with participation from BankTech Ventures, Idaho Central Credit Union, Navari, United Financial Credit Union, Coastal Credit Union, Mid Minnesota Credit Union, Truity Credit Union, and Southpoint Credit Union.

Precise Behavioral Secures $14.2 Million In Venture Funding

By Amit Chowdhry ● Yesterday at 12:23 PM

Precise Behavioral, a physician-led behavioral health services and technology company, has announced $14.2 million in venture funding. A1 Health Ventures led the round, with participation from Ziegler Link-Age Fund, Converge Capital Partners, and Granite Financial Holdings, an affiliate of Blue Cross of Idaho.

Encore AI Raises $30 Million To Deploy AI Platform Built To Generate Revenue From Customer Interactions

By Amit Chowdhry ● Yesterday at 12:22 PM

Encore AI, formerly known as Insait IO, has raised a $30 million Series A round. Team8, Planven, and The Garage led the round. The company deploys AI agents powered by its patented Interaction Mining technology across every customer channel.

Soter Insure Secures Series B Funding Led By Galaxy To Scale Its Digital Asset Insurance Solutions

By Amit Chowdhry ● Yesterday at 12:21 PM

Soter Insure, a provider of specialized insurance products for the digital asset economy, has announced the first close of its Series B funding round. Galaxy Digital led the round, with new participation from Coinbase Ventures and Franklin Templeton and follow-on investment from Brevan Howard Digital.

Resilience And Lilly Invest $750 Million To Increase US-Manufactured Medicine Supply

By Amit Chowdhry ● Yesterday at 11:33 AM

Resilience has expanded its strategic partnership with Eli Lilly and Company to increase US production of critical medicines, with new manufacturing investments in Ohio. The $750 million investment builds on a partnership first established in 2023.

Banks Reportedly In Talks To Lend $15 Billion For Anthropic Data Center Backed By Google

By Amit Chowdhry ● Yesterday at 10:04 AM

Data-center developer Nexus Data Centers is in advanced talks to raise $15 billion for a Texas campus tied to Anthropic, with Alphabet's Google offering financial guarantees and supplying chips, according to the Wall Street Journal, citing people familiar with the matter. The project is located in Hubbard, Texas.

Procode Raises $10 Million Series A To Expand AI-Powered Medical Billing Across Surgical Specialties

By Amit Chowdhry ● Yesterday at 9:57 AM

Procode has raised $10 million in Series A funding to expand its AI-powered medical billing and revenue cycle management platform across additional surgical specialties and ambulatory surgery centers. The round was led by Health Velocity Capital and brings Procode's total venture funding to $14 million.

LemonEdge Raises $21 Million Series A Funding Round To Modernize Private Markets Infrastructure

By Amit Chowdhry ● Yesterday at 9:50 AM

LemonEdge, a fund accounting platform built for private markets, has completed a $21 million Series A investment round. Blackstone Innovations Investments led the round. BNY joined, along with participation from existing investor Sidekick Partners, bringing LemonEdge's total funding to more than $30 million.

ZuriQ Raises $25.5 Million To Scale New Groundbreaking 2D Quantum Architecture

By Amit Chowdhry ● Yesterday at 9:48 AM

ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in seed funding. The round was announced July 28, 2026. It builds on the company's $4.2 million pre-seed round in 2025 and is led by Quantonation, with participation from Forward.one, Extantia, Firgun Ventures, and all previous round investors.

Xsight Labs Raises More Than $300 Million At $2.8 Billion Valuation To Power Next-Generation AI And Cloud Networks

By Amit Chowdhry ● Yesterday at 8:00 AM

Xsight Labs, a fabless semiconductor company providing connectivity solutions for hyperscale, edge, and AI data center networks, has closed a $300 million-plus funding round. The round establishes a $2.8 billion post-money valuation. Fidelity Management & Research Company led the round with participation from new and existing investors.

Dili Raises $21.7 Million From Khosla Ventures To Bring AI-Powered Assurance To America’s Infrastructure Boom

By Amit Chowdhry ● Yesterday at 7:57 AM

Dili, an AI-native compliance platform for the industries powering America's infrastructure buildout, has announced $21.7 million in total funding. This includes a $15 million Series A led by Khosla Ventures. Participants included Y Combinator's Garry Tan, Allianz, Brick and Mortar Ventures' Darren Bechtel, and Rebel Fund.