Venture Capital

Norvestor Raises €2 Billion For Oversubscribed Flagship Private Equity Fund

By Amit Chowdhry ● Jun 8, 2026

Norvestor announced the successful closing of Norvestor X SCSp (Fund X) at its hard cap of €2 billion, surpassing its €1.8 billion target just three months after launch.

Paypercut Raises €5 Million Seed Round To Expand Payments Infrastructure Across Central And Eastern Europe

By Amit Chowdhry ● Jun 8, 2026

Paypercut, a European fintech payments platform enabling online merchants to accept payments across Central and Eastern Europe through a single integration, has announced a €5 million seed round co-led by Concentric, Passion Capital, and Araya Ventures. The round also saw participation from SMOK Ventures, Portfolio Ventures, BrightCap Ventures, BlackWood, SABAH.fund, MFG Invest, Main Set, and payments entrepreneur Matt Doka, bringing Paypercut's total funding to €7 million. The capital will be used to accelerate expansion across CEE, deepen presence in existing markets, advance product and infrastructure development, and meet capital requirements for an Irish EMI license application with the Central Bank of Ireland, with authorization expected in the fourth quarter of 2026.

HLRBO Closes $2.5 Million Funding Round To Expand Private Hunting Land Access Marketplace

By Amit Chowdhry ● Jun 8, 2026

HLRBO, a marketplace connecting landowners with hunters seeking private-land access, has closed a $2.5 million funding round led by Mairs and Power Venture Capital of St. Paul, with additional support from individual and angel investors. The capital will accelerate HLRBO's expansion as a national platform for hunting leases, landowner income, and responsible private-land access across the United States and Canada.

R1 Capital Launches As Dedicated Venture Firm Focused On Enterprise AI, Deep Tech, And Life Sciences

By Amit Chowdhry ● Jun 8, 2026

R1 Capital has announced its launch as an independent venture firm focused on backing founders across enterprise AI and software, deep tech, and life sciences who are solving complex, real-world problems in large and undercapitalized markets. Originally part of the investment activities within Rev1 Ventures, R1 Capital now operates with its own brand, funds, and investment strategy, supporting founders from company creation through growth and scale. The firm operates from Rev1 at The Peninsula, a founder-focused innovation hub in the Midwest.

Maravai LifeSciences Refinances Credit Agreement, Reducing Debt And Extending Maturity To 2032

By Amit Chowdhry ● Jun 8, 2026

Maravai LifeSciences Holdings has announced that certain of its subsidiaries have entered into a new credit agreement providing a $150 million term loan facility and a $30 million revolving credit facility. Borrowings under the new term loan, combined with approximately $98.5 million of cash on hand, were used to prepay all outstanding borrowings under the company's prior credit agreement, which had been due in October 2027.

Gigaton Raises $26 Million To Deploy AI Controls For Industrial Carbon Reduction

By Amit Chowdhry ● Jun 7, 2026

Gigaton has announced a $26 million funding round led by Plural, with participation from 2150, Semapa Next, Planet A Ventures, AlbionVC, Cambridge Enterprise, and Clean Growth Fund. The London-based company builds machine learning systems that autonomously control large-scale industrial manufacturing processes, with a mission to reduce industrial carbon emissions by gigatons. Financial terms beyond the round size were not disclosed.

Quobly Raises €115 Million Series A To Bring Silicon-Based Quantum Computers To Market By End Of 2026

By Amit Chowdhry ● Jun 7, 2026

Quobly, a French quantum computing company, has announced the closing of a €115 million Series A financing round to accelerate the industrialization of its silicon-based quantum computers and bring its first commercial product to market by the end of 2026. The round is led by Bpifrance, SEALSQ, and STMicroelectronics, with participation from the European Innovation Council Fund, Blast, ALIAD, and existing investor Innovacom. Existing shareholders also include the CEA, CNRS, Quantonation, and Supernova Invest. Bpifrance is participating through its Deep Tech 2030 fund, managed on behalf of the French government as part of the France 2030 initiative.

Factorial Raises $150 Million Series D At $2.5 Billion Valuation To Scale AI Workforce Operations Platform Across Europe

By Amit Chowdhry ● Jun 7, 2026

Factorial, Europe's leading AI Workforce Operations Platform, has announced the closing of a $150 million Series D funding round at a valuation of $2.5 billion, making it one of the most valuable Spanish and European scale-ups. The round is led by General Catalyst, marking its first direct equity investment in Factorial, joined by Atomico and Four Rivers. Alongside the equity round, General Catalyst is committing up to an additional $540 million through its Customer Value Fund, bringing total capital committed to more than $700 million. Under the Customer Value Fund structure, General Catalyst's returns are tied exclusively to the customer value created by that spend and capped at a fixed amount, giving Factorial the financial firepower to expand aggressively while preserving its equity.

OQC Raises £260 Million In Europe’s Largest Ever Private Quantum Computing Funding Round

By Amit Chowdhry ● Jun 7, 2026

OQC has closed an oversubscribed £260 million ($350 million) Series C funding round, the largest ever private funding round for a quantum computing company in Europe. Bullhound Capital led the round, which included investment from the British Business Bank, Fynveur, COFIDES, RCM Private Markets Fund managed by Rokos Capital Management, Alpha Edison, Fulcrum Asset Management, Pentland Ventures, Magdalen College Oxford, and others. Existing investors, including Oxford Science Enterprises, SBI, Chevron Technology Ventures, the University of Tokyo Edge Capital Partners, and OTIF Ventures, also participated. J.P. Morgan acted as the exclusive placement agent. The round establishes OQC as one of the world's best-capitalized private quantum computing companies.

Wordsmith Raises $70 Million Series B To Build Operating Platform For In-House Legal Teams

By Amit Chowdhry ● Jun 7, 2026

Wordsmith has announced a $70 million Series B funding round, bringing its total funding to $100 million. The London and U.S.-based legal operations platform said revenue has grown more than 14 times over the past 12 months, with more than 500 companies now running on its platform. The company is building what it describes as the system in-house legal teams have never had — a centralized inbox where requests come in from across the business, get handled by AI workers, and land with the legal team ready to review.

Terra AI Raises $20 Million Series A To Accelerate Critical Mineral And Energy Exploration

By Amit Chowdhry ● Jun 7, 2026

Terra AI, the artificial intelligence platform helping solve subsurface uncertainty for mineral and energy development, has announced a $20 million Series A led by Khosla Ventures, with a strategic investment from BHP Ventures. The capital will accelerate deployment of Terra AI's generative geological modeling platform across mining, enhanced geothermal, and carbon storage applications. The company is also backed by Rio Tinto and other strategic investors.

Speed Bay Warehouse Solutions Launches With $250 Million Commitment From BDT & MSD Partners

By Amit Chowdhry ● Jun 7, 2026

Black Creek Group co-founders Evan Zucker and Jimmy Mulvihill have announced the launch of Speed Bay Warehouse Solutions, a vertically integrated real estate investment and operating platform focused exclusively on shallow bay, multi-tenant light industrial properties. A subsidiary of BDT & MSD Partners has committed $250 million in strategic capital alongside $100 million from Speed Bay's founders. To date, Speed Bay has acquired or has under control approximately 2.7 million square feet across six high-growth markets including Phoenix, Dallas/Fort Worth, Tampa, Denver, Orlando, and Philadelphia, with an actionable investment pipeline of over $1 billion.

KNAV Secures Follow-On Investment From NKSquared To Accelerate International Acquisitions And Global Expansion

By Amit Chowdhry ● Jun 7, 2026

KNAV, a global accounting and advisory firm delivering integrated services across assurance, tax, and advisory, has announced a follow-on investment from NKSquared, the U.S.-based investment firm of entrepreneur and investor Nikhil Kamath. Financial terms were not disclosed. The capital will be deployed primarily toward international acquisitions to expand into new markets, including Australia, alongside continued organic growth, investment in talent, leadership development, and training across the firm's global teams. A portion will also support KNAV's ongoing automation and AI deployment across its service lines.

Forage Raises $40 Million Series B To Scale EBT Payments Infrastructure And Consumer Savings App

By Amit Chowdhry ● Jun 7, 2026

Forage, the mission-driven financial infrastructure platform modernizing the payments ecosystem behind government benefit programs, has announced a $40 million Series B funding round led by Mouro Capital, with participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, Intuit Ventures, NextLadder Ventures, Pivotal Ventures, and FJ Labs.

HAGA.BIO Raises $2.3 Million Seed Round To Commercialize RNA Detection Technology

By Amit Chowdhry ● Jun 7, 2026

HAGA.BIO announced the successful closing of a $2.3 million seed financing round as the company advances commercialization of its spatial biology technologies and expands development of its RNA detection platform.

Radley Health Closes $3 Million Seed Round To Expand Peer-Driven Mental Health Care Into Georgia

By Amit Chowdhry ● Jun 7, 2026

Radley Health, a mission-driven behavioral health company focused on serving adults living with serious mental illness, has announced the successful close of a $3 million seed funding round. The round includes participation from Aurora Forge, Jackson Healthcare, Peg's Foundation, and several prominent family offices, joining existing investor CareSource. The capital will support expansion of Radley's peer workforce, deepening of healthcare provider partnerships, enhancement of its technology platform, and launch of operations in Georgia and additional states.

Uncover Raises $16 Million Series A To Expand Latin America’s Leading Media Measurement Platform Into The U.S.

By Amit Chowdhry ● Jun 7, 2026

Uncover, Latin America's leading Marketing Mix Modeling and media measurement platform, has announced a $16 million Series A led by Cloud9 Capital, with participation from ABSeed Ventures and Endeavor. The São Paulo-based company, which is already profitable, will use the funding to accelerate its expansion into the U.S. market. The round also brings three new strategic board members: Pedro Reiss, former CEO of Wunderman Thompson Brazil; Celso Ribeiro, former CEO of BR Media; and Guilherme Bressane, a former executive at Itaú and Google.

Coralogix Raises $200 Million Series F To Scale AI-Native Observability Platform

By Amit Chowdhry ● Jun 7, 2026

Coralogix, the data and AI platform for observability, has announced a $200 million Series F funding round co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital. The raise brings total funding in Coralogix to $550 million and follows the company's $115 million Series E in 2025. The capital will be used to accelerate AI-native observability capabilities, expand its telemetry data infrastructure, and scale global enterprise adoption as organizations modernize beyond legacy monitoring tools.

Upstream Raises $3 Million To Rebuild Email As A Native Surface For AI Agents

By Amit Chowdhry ● Jun 7, 2026

Upstream, backed by Y Combinator, has raised $3 million to rebuild email from the ground up for the age of AI agents. The company, founded by Louis Lecat and Jonathan Tiret, has entered general availability after months in an invite-only beta, with thousands of users already running the platform and many reporting average savings of 2 hours per day.

Flok Health Raises $12.5 Million Series A To Scale Autonomous AI Healthcare Delivery Platform

By Amit Chowdhry ● Jun 7, 2026

Flok Health has announced a $12.5 million Series A funding round led by AlbionVC, with participation from Mercia Ventures and existing backers Eka Ventures and Form Ventures. The UK-based company has built what it describes as the first and only AI platform in Europe approved for fully autonomous end-to-end healthcare delivery direct to patients, addressing what it calls the biggest problem in healthcare: a supply-demand mismatch between the volume of care needed and the availability of clinical labor to deliver it.

INXM Raises €5.7 Million Pre-Seed To Bridge The Gap Between Enterprise AI Demos And Real Operational Deployment

By Amit Chowdhry ● Jun 7, 2026

INXM has announced a €5.7 million pre-seed funding round led by Cherry Ventures and Redstone, with participation from Angel Invest, Linden Capital, and a group of business angels. The capital will be used to accelerate product development, expand the team, and bring INXM's technology into production environments across European industry. Financial terms beyond the round size were not disclosed.

Z Squared Raises Access to $50 Million In Equity Capital To Accelerate AI Infrastructure Expansion

By Amit Chowdhry ● Jun 7, 2026

Z Squared announced that it has entered into a $50 million committed equity forward purchase agreement with LucentHash / Data Part Capital, providing the company with flexible financing to support its AI infrastructure growth strategy. The agreement is designed to help fund acquisitions and site conversion projects as they progress, supporting Z Squared’s Phase 1 objective of developing 100 megawatts of AI-ready capacity across multiple U.S. locations.

IQSTEL Announces Binding MOU To Acquire Majority Stake In Ultranet Telecom Group

By Amit Chowdhry ● Jun 7, 2026

IQSTEL announced that it has signed a binding memorandum of understanding (MOU) to acquire a 51% controlling interest in Ultranet Telecom Group, a Ghana-based telecommunications and technology company with operations across Africa and international markets.

Oak Hill Bio Raises $32.5 Million Series A To Advance Angelman Syndrome Therapy Into Phase 3

By Amit Chowdhry ● Jun 7, 2026

Oak Hill Bio, a clinical-stage rare disease therapeutics company, announced the closing of a $32.5 million Series A financing round to advance rugonersen, its investigational antisense oligonucleotide (ASO) therapy for Angelman syndrome, into a pivotal Phase 3 clinical study expected to begin in mid-2026.

ZutaCore: $100 Million Series C Raised To Expand AI Data Center Cooling Platform

By Amit Chowdhry ● Jun 7, 2026

ZutaCore announced a $100 million Series C funding round as the company accelerates global expansion and advances its waterless, direct-to-chip, two-phase liquid cooling technology for AI and high-performance computing infrastructure.

NewLimit Raises $435 Million Series C To Bring Aging Reprogramming Medicine To Human Trials

By Amit Chowdhry ● Jun 7, 2026

NewLimit has announced a $435 million Series C led by Founders Fund, alongside new investors Thrive Capital, Greenoaks, and Quiet Capital, and returning investors Kleiner Perkins, Abstract, Nat Friedman and Daniel Gross, Valor Equity Partners, Eli Lilly Ventures, Human Capital, and others. The raise will fund the company's first aging reprogramming medicine into human clinical trials next year, a timeline accelerated by the breakthrough discovery of a prototype medicine that reverses cell age in old human liver cells.NewLimit has announced a $435 million Series C led by Founders Fund, alongside new investors Thrive Capital, Greenoaks, and Quiet Capital, and returning investors Kleiner Perkins, Abstract, Nat Friedman and Daniel Gross, Valor Equity Partners, Eli Lilly Ventures, Human Capital, and others. The raise will fund the company's first aging reprogramming medicine into human clinical trials next year, a timeline accelerated by the breakthrough discovery of a prototype medicine that reverses cell age in old human liver cells.

Impulse Space Raises $500 Million Series D To Build In-Space Mobility Infrastructure For The Space Economy

By Amit Chowdhry ● Jun 7, 2026

Impulse Space, the in-space mobility leader, has announced a $500 million Series D funding round co-led by 137 Ventures and BANNER VC, bringing the company's total capital raised to over $1 billion. Additional participating investors include Founders Fund, Lux Capital, and Linse Capital. The funding will support hiring and manufacturing growth as the Redondo Beach, California-based company scales its effort to build the vehicles, propulsion systems, and operational architecture that determine where and how spacecraft move after launch.

SensorUp Closes Growth Financing Round To Scale Agentic Operations Platform For Heavy Industry

By Amit Chowdhry ● Jun 7, 2026

SensorUp, the operational intelligence platform powering integrated operations across asset-heavy industries, has announced the close of a growth financing round led by Pender Ventures, with participation from Climate Investment, Evok Innovations, and Occidental, which joins as both a strategic investor and existing client. The capital will be deployed across accelerating customer deployment, enhancing the company's agentic AI platform, and fueling expansion into adjacent industrial verticals. Financial terms were not disclosed.

Scispot Raises $8 Million Series A To Help Life Sciences Labs Move Faster

By Amit Chowdhry ● Jun 7, 2026

Scispot, a Canadian company building an AI-native operating layer for modern laboratories, announced an $8 million Series A funding round led by Avenue Growth Partners. The company’s platform is already used by more than 100 laboratories across biotech, pharmaceutical, diagnostics, genomics, CRO/CDMO, bioproduction, biobanking, and testing environments.

CereVasc Raises $85 Million Series C To Advance eShunt System For Normal Pressure Hydrocephalus

By Amit Chowdhry ● Jun 7, 2026

CereVasc announced the successful initial closing of an oversubscribed $85 million Series C financing to support the continued development and commercialization of its eShunt System, a minimally invasive treatment designed for patients with Normal Pressure Hydrocephalus (NPH).