Venture Capital

Healthleap Raises $38 Million To Expand AI Platform For Detecting Undiagnosed Conditions

By Amit Chowdhry ● Oct 8, 2026

Healthleap raised $38 million in combined seed and Series A funding to expand its clinical AI platform, which helps hospitals identify patients with conditions that may otherwise go undiagnosed. The financing came from Sequoia Capital, First Round Capital, and Hummingbird Ventures.

SEVA Closes Oversubscribed $160 Million Fund II

By Amit Chowdhry ● Oct 8, 2026

SEVA Growth closed its second fund, SEVA II, with $160 million in capital commitments after raising the fund in less than one month. The fund was multiple-times oversubscribed and exceeded its original $125 million target.

Egoist Machines Raises $3 Million Seed Round And Launches AI Passport

By Amit Chowdhry ● Oct 8, 2026

Egoist Machines raised $3 million in seed funding and officially launched AI Passport, a permission-based identity and context layer designed to make personal AI data portable across different assistants and applications. The seed round included participation from Y Combinator, Goodwater Capital, a European family office, and scientists from DeepMind and Meta.

Sabey Data Center Properties Secures Additional Ares Investment, Bringing Total Commitment Above $500 Million

By Amit Chowdhry ● Oct 8, 2026

Sabey Corporation and National Real Estate Advisors announced that Ares Secondaries funds have expanded their investment in Sabey Data Center Properties, bringing Ares’ total commitment to the data center platform to more than $500 million.

Michael Jordan Donates $10 Million To UNC School Of Social Work

By Amit Chowdhry ● Oct 8, 2026

Michael Jordan made a $10 million commitment to the University of North Carolina School of Social Work in honor of his mother, Deloris P. Jordan. The donation represents the largest single gift in the School of Social Work’s history.

Mecka Raises $60 Million Series B Led By Sequoia Capital

By Amit Chowdhry ● Oct 8, 2026

Mecka raised $60 million in Series B funding led by Sequoia Capital to scale its robotics data infrastructure, expand its research efforts, and grow commercial robot deployments. New investors in the round include NVIDIA, M12, Microsoft’s venture fund, Qualcomm Ventures, and Samsung, with continued participation from Kindred, Framework Ventures, and Neo. The round also included angel investors such as Tony Xu, founder and CEO of DoorDash; Frank Slootman, former CEO of ServiceNow and Snowflake; and Milan Kovac, former head of Optimus at Tesla.

Wally Raises $25 Million Series A To Expand Subscription Dental Platform

By Amit Chowdhry ● Oct 8, 2026

Wally raised $25 million in Series A funding to expand its subscription-based dental platform and grow from 15 locations to 100 by the end of 2027. The round was led by Maveron, with participation from Bling Capital and angel investors including Jack Abraham, co-founder of Hims.

Spectrum Equity Closes Oversubscribed $2.5 Billion Fund XI

By Amit Chowdhry ● Oct 8, 2026

Spectrum Equity closed Fund XI with $2.5 billion in commitments in an oversubscribed single close, marking the largest fund in the growth equity firm’s history. Founded in 1994, Spectrum has now raised more than $12.5 billion across its 11 main funds.

Outro Raises $7 Million To Expand Deprescribing Platform Beyond Antidepressants

By Amit Chowdhry ● Oct 8, 2026

Outro, a New York-based healthcare company focused on helping patients discontinue psychiatric medications, has raised $7 million across pre-seed and seed rounds to expand its deprescribing platform, grow its clinician network, develop AI-supported workflows, and expand into additional medication categories. The financing included participation from Listen Ventures, Cake Ventures, Jason Calacanis’s LAUNCH, Actions Capital, Hannah Grey Ventures, SemperVirens, Brock Recovery Group, and Pave Health Ventures, as well as additional investors.

Sheridan Capital Partners Closes $1.1 Billion Fund IV And $245 Million Healthcare IT Fund

By Amit Chowdhry ● Oct 8, 2026

Sheridan Capital Partners closed Sheridan Capital Partners Fund IV at its $1.1 billion hard cap and separately raised $245 million for its first dedicated healthcare IT fund.

Rein Security Raises $25 Million Series A To Secure Enterprise AI Agents

By Amit Chowdhry ● Oct 8, 2026

Rein Security, an AI-native runtime security platform focused on enterprise AI agents, raised $25 million in Series A funding, bringing its total funding to $35 million. The round was co-led by Glilot Capital and Sienna Venture Capital, with participation from Corner Ventures, Atlacle, and RNP Capital Advisors.