Venture Capital

Koah: $20.5 Million Series A Raised For AI-Native Monetization Platform

By Amit Chowdhry ● Feb 24, 2026

Koah has raised $20.5 million in Series A funding to expand its AI-native advertising infrastructure, positioning itself as what it calls the “AdSense for AI.” The round was led by Theory Ventures and brings the company’s total funding to more than $26 million following a $5 million seed round in September 2025.

Handl Health: $14.2 Million Series A Raised To Reform Employer-Sponsored Health Insurance

By Amit Chowdhry ● Feb 24, 2026

Handl Health, a technology platform focused on redesigning employer-sponsored health insurance to lower costs and improve patient outcomes, has raised $14.2 million in a Series A funding round to accelerate structural change across the U.S. healthcare system.

Turbine: $25 Million Series B Raised For Virtual Biology Platform And Immunology Expansion

By Amit Chowdhry ● Feb 24, 2026

Turbine, a virtual biology company focused on AI-powered drug discovery, announced it has raised $25 million in a Series B financing round led by Interactive Venture Partners, with participation from Beiersdorf AG and existing investors including MSD Global Health Innovation, Accel, and Mercia. The company also unveiled its first immunology-focused partnership with a top 10 pharmaceutical company as it broadens its platform beyond oncology.

Slang AI: $36 Million Series B Closed For Hospitality Voice AI Platform

By Amit Chowdhry ● Feb 24, 2026

Slang AI, an AI platform purpose-built for the hospitality industry, announced it has raised $36 million in Series B funding, bringing its total funding to $68 million to date. The round was led by US Venture Partners and included $28 million in equity and $8 million in debt. Additional participants included Thayer Investment Partners, Claire Hughes Johnson, as well as existing investors Homebrew, Stage 2 Capital, Active Capital, Wing VC, Collide Capital, and Underscore VC.

EMED Technologies: $8 Million Raised For Advancing Innovation And Scale

By Amit Chowdhry ● Feb 24, 2026

EMED Technologies announced that its subsidiary has closed an $8 million equity financing round led by a multibillion dollar healthcare company, strengthening the unit’s balance sheet and positioning it for its next phase of strategic growth.

Centauri Therapeutics: £6 Million Raised For Advancing Antimicrobial Candidate

By Amit Chowdhry ● Feb 24, 2026

Centauri Therapeutics Limited, an immunotherapy company developing novel treatments for infectious diseases, has secured £6 million from AMR Action Fund, extending its Series A financing to £30 million. The funding will support completion of Phase I clinical studies for CTX-187, the company’s lead clinical candidate in its ABX-01 programme, and expand research activities in preparation for Phase II development.

SambaNova: $350+ Million Series E Raised As AI Infrastructure Company Unveils SN50 Chip And Intel Collaboration

By Amit Chowdhry ● Feb 24, 2026

SambaNova has introduced its SN50 AI chip, which the company says delivers up to 5x the maximum speed of competitive chips, while also announcing a planned multi-year collaboration with Intel and more than $350 million in strategic Series E financing.

Slate Medicines: $130 Million Series A Raised To Advance Anti-PACAP Migraine Therapies

By Amit Chowdhry ● Feb 24, 2026

Slate Medicines, a privately held biotech company developing next-generation therapeutics for headache disorders, has launched with the close of a $130 million series a financing and the in-licensing of SLTE-1009, an anti-PACAP monoclonal antibody from DartsBio Pharmaceuticals (Guangdong), Ltd.

Axelera AI: Over $250 Million Raised For Global Expansion Of AI Semiconductor Platform

By Amit Chowdhry ● Feb 24, 2026

Axelera AI, a European AI semiconductor company focused on edge and data center acceleration, announced it has secured more than $250 million in new funding to accelerate global commercial growth. The round was led by funds managed by Innovation Industries, with participation from new investors including BlackRock and SiteGround Capital, as well as existing backers Bitfury, CDP Venture Capital, European Innovation Council Fund, SFPIM, Invest-NL, Samsung Catalyst Fund, and Verve Ventures.

Brevet Capital: $150 Million Senior Construction Loan Closed For Wharton Piers Residential Tower In Philadelphia

By Amit Chowdhry ● Feb 24, 2026

Brevet Capital has closed a $150 million senior construction loan from Banco Inbursa to finance the development of Building A at Wharton Piers, a major mixed-use waterfront project in South Philadelphia.

Letter AI: $40 Million Series B Raised For AI-Native Revenue Enablement Platform

By Amit Chowdhry ● Feb 24, 2026

Letter AI, an AI-native revenue enablement platform for enterprise go-to-market teams, has raised $40 million in a Series B funding round led by Battery Ventures, with participation from Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, and existing investors. The round comes just four months after the company’s previous raise and reflects accelerating enterprise demand for AI-driven platforms designed to improve deal outcomes.

Circadian Risk: $6 Million Raised In Series A For Enterprise Risk Analysis SaaS Platform

By Amit Chowdhry ● Feb 24, 2026

Circadian Risk, a pioneer in enterprise risk analysis SaaS and scenario-based assessment products, has closed a $6 million Series A funding round led by Arthur Ventures, with participation from Roll Tack Ventures and existing investors 11 Tribes and Tamiami Angel Funds. The round was meaningfully oversubscribed, enabling the company to assemble a focused group of partners aligned with its long-term growth strategy.

Cutting Horse: $75 Million Raised For Consumer-Focused Growth Equity Fund I

By Amit Chowdhry ● Feb 24, 2026

Cutting Horse, a boutique growth equity firm focused on founder-led consumer brands, has closed its inaugural fund with $75 million in capital commitments, exceeding its original $50 million target and reaching its hard cap. The oversubscribed fund was raised in less than 12 months and will support the firm’s strategy of partnering with founders building durable, high-growth consumer product and service businesses.

Topspin Consumer Partners: Investment In Sport Flooring And Locker Manufacturer Grid

By Amit Chowdhry ● Feb 24, 2026

Topspin Consumer Partners, an operationally driven private equity firm focused on the consumer sector, announced a strategic investment in Grid, a leading U.S. designer and manufacturer of laminate and phenolic lockers and performance flooring solutions for fitness, athletic team sports, and health and wellness facilities. Financial terms of the transaction were not disclosed.

Capital Constellation: Strategic Partnership Completed With Gallatin Point Capital

By Amit Chowdhry ● Feb 24, 2026

Capital Constellation, an investment platform managed by Wafra, has completed a strategic partnership with Gallatin Point Capital, a private investment firm focused on structured investments in financial institutions, financial services, and related assets.

Jampack AI: $3.2 Million Raised For Agentic Wholesale Automation Platform For CPG Brands

By Amit Chowdhry ● Feb 24, 2026

Jampack AI, an agentic platform automating wholesale operations for consumer packaged goods brands, announced it has raised $3.2 million in seed funding. The round was led by Maveron, with participation from Timber Grove Ventures and a group of industry angels.

Elevance Health Foundation: $2.3 Million Committed To Expand Food As Medicine Programs Nationwide

By Amit Chowdhry ● Feb 24, 2026

Elevance Health Foundation announced it has awarded 22 new grants totaling more than $2.3 million to expand food-as-medicine programs across the United States, supporting nonprofit organizations working to improve access to nutritious food and advance clinical outcomes for individuals and families facing food and nutrition insecurity.

Claimify Raises Strategic Growth Investment From Ambler Brook

By Amit Chowdhry ● Feb 24, 2026

Ambler Brook, a Boston-based private investment firm focused on founder-owned businesses, announced it has made a strategic growth investment in Claimify, a national provider of tech-enabled solutions to the disability insurance industry.

Basis: $100 Million Raised At $1.15 Billion Valuation For AI Agent Platform Serving Accountants

By Amit Chowdhry ● Feb 24, 2026

Basis, an AI agent platform built for accountants, has raised $100 million in Series B funding at a $1.15 billion valuation. The round was led by Accel, with participation from GV and Lloyd Blankfein, alongside existing backers including Khosla Ventures, which doubled down on its investment. Accel’s Miles Clements will join Khosla Ventures’ Keith Rabois on the company’s board.

Swan AI: $6 Million Raised To Build The First Autonomous Business

By Amit Chowdhry ● Feb 24, 2026

Swan AI announced it has raised $6 million in funding as it aims to build what it calls the first “autonomous business,” targeting $10 million in revenue per employee and redefining how modern companies approach growth.

Updata Partners: $875 Million Raised For Software Growth Equity Fund VIII

By Amit Chowdhry ● Feb 24, 2026

Updata Partners has closed Updata Partners VIII, L.P., with $875 million in aggregate capital commitments, marking the largest fund in the firm’s history. The Washington, D.C.–based growth equity firm exceeded its target and reached its hard cap in six months, reflecting strong backing from both existing and new limited partners.

Myrias Optics: $2.1 Million Seed 1 Financing To Accelerate Commercialization Of Wafer-Level Metaoptics

By Amit Chowdhry ● Feb 24, 2026

Myrias Optics has closed a $2.1 million Seed 1 financing round to accelerate the commercialization of its wafer-level metaoptics and diffractive optical technologies. The round, completed in January 2026, was led by MassVentures, with participation from existing investors Hoss Investment Inc., Maroon Venture Partners, and Tenon Venture Partners, as well as new investors Mill Town Capital, TiE Boston Angels, and Doug Crane.

Gridco: Strategic Growth Investment Secured From BayHawk Capital

By Amit Chowdhry ● Feb 24, 2026

Gridco, a provider of maintenance, upgrade, and construction services to electric utilities, announced it has received a strategic growth investment from BayHawk Capital, a private equity firm focused on founder-owned essential services and technology businesses.

Arqitech: Series A Raised To Bridge DeFi And TradFi With Non-Custodial Infrastructure

By Amit Chowdhry ● Feb 24, 2026

Arqitech, a non-custodial infrastructure platform connecting institutional finance with digital assets, announced it has closed a Series A financing round led by Muriel Siebert & Co., LLC, a broker-dealer and wholly owned subsidiary of Siebert Financial.

Comeryx: $7.5 Million Raised For AI-Native MGA Serving Small Business Artisan Contractors In E&S Insurance

By Amit Chowdhry ● Feb 24, 2026

Comeryx announced its formation and the closing of a $7.5 million funding round to build an AI-native, fully digital managing general agent focused on small business artisan contractors in the excess and surplus insurance market. The round was led by Altai Ventures, with participation from American Family Ventures, Intact Ventures, Boulder Ventures, Arch Capital Group Ltd., and Echelon.

Portkey: $15 Million Raised For Unified Control Plane For Production AI

By Amit Chowdhry ● Feb 24, 2026

Portkey announced it has raised $15 million in series A funding to scale what it describes as the unified control plane for production AI. The round was led by Elevation Capital, with participation from Lightspeed.

NEWITY: $11 Million Strategic Investment Raised To Scale AI-Driven Small Business Lending Infrastructure

By Amit Chowdhry ● Feb 24, 2026

NEWITY, a financial technology company focused on transforming how small businesses access capital, announced it has secured an $11 million strategic investment led by CMT Digital. The funding will support the expansion of NEWITY’s AI-driven lending infrastructure and the development of blockchain-enabled capital market connectivity to address a $350 billion annual funding shortfall in the U.S. small business market.

Inscope: $14.5 Million Series A Raised For AI Financial Reporting Platform For Accounting Firms And Enterprises

By Amit Chowdhry ● Feb 24, 2026

Inscope, an AI-powered financial reporting platform built for accounting firms and enterprises, announced it has raised $14.5 million in Series A funding. The round was led by Norwest, with participation from Storm Ventures, Better Tomorrow Ventures, Lightspeed Venture Partners, and strategic operators across finance and enterprise software.

Pegasus Tech Ventures: $100 Million Expanded CVC Fund With AISIN

By Amit Chowdhry ● Feb 24, 2026

Pegasus Tech Ventures announced it is expanding the corporate venture capital fund it manages for Japanese automotive supplier AISIN Corporation to $100 million, extending the partnership through 2036 as the companies double down on investments tied to next-generation mobility and emerging technologies.

Brainomix: $25.4 Million Series C Extension Closed To Advance U.S. Expansion Of AI Imaging Platforms

By Amit Chowdhry ● Feb 24, 2026

Brainomix, an AI medical imaging company focused on stroke and lung fibrosis, announced a £4.8 million extension to its Series C financing, bringing the total raised in the round to £18.8 million, or approximately $25.4 million. The company had previously secured £14 million in March 2025.