Venture Capital

SpeedLabs Raises $6.5 Million To Launch AI-Powered Momentum Markets For Sports

By Amit Chowdhry ● Jun 2, 2026

SpeedLabs, a sports technology startup building a real-time market engine for sports, announced a $6.5 million seed funding round led by Parlay Capital, with participation from Bullpen Capital, TA Ventures, EdgeEquity, and other investors focused on sports, gaming, and consumer technology.

Sekai Raises $26 Million To Build A Social Platform For AI-Created Mini-Apps

By Amit Chowdhry ● Jun 2, 2026

Sekai announced it has raised $26 million in funding to accelerate the growth of its social platform that enables users to create, play, and remix AI-generated mini-apps. The funding round was led by Khosla Ventures and Connect Ventures, with participation from Creative Artists Agency, New Enterprise Associates (NEA), a16z Speedrun, Mayfield, A*, MVP Ventures, 359 Capital, Parable VC, and 645 Ventures.

Gray Swan Raises $40 Million Series A To Scale AI Security Platform Trusted By Frontier Labs

By Amit Chowdhry ● Jun 2, 2026

Gray Swan, an AI security company founded by researchers from Carnegie Mellon University, announced a $40 million Series A funding round co-led by Wing Venture Capital and Madrona, with participation from Obvious Ventures, Snowflake Ventures, Hudson River Trading, Samsung Next, and existing investor Magarac Venture Partners.

Mecka Raises $60 Million To Build The Data And Deployment Layer For Physical AI

By Amit Chowdhry ● Jun 2, 2026

Mecka announced that it has raised $60 million in funding as it looks to become the data and deployment layer for physical AI. The company said the new capital will be used to scale its data infrastructure, expand into new industry verticals, and accelerate the deployment of robots in real-world environments.

Mach Industries Raises $300 Million Series C At $1.8 Billion Valuation As Defense Tech Growth Accelerates

By Amit Chowdhry ● Jun 2, 2026

Mach Industries, a defense manufacturing company focused on advanced unmanned systems, announced it has raised $300 million in Series C funding at a $1.8 billion valuation. The round was led by Infinite Capital and Ribbit Capital, with participation from existing investors Bedrock Capital, Sequoia Capital, and Khosla Ventures.

DriveNets Raises $410 Million Series D To Scale Ethernet Fabric For Large-Scale AI Infrastructure

By Amit Chowdhry ● Jun 2, 2026

DriveNets announced it has secured $410 million in Series D funding, bringing its total capital raised to $1 billion. The company said the new capital will be used to expand inventory and accelerate deployment of its Ethernet-based AI fabric solutions as demand for large-scale AI infrastructure continues to grow. The funding round was led by Bessemer Venture Partners and Atreides Management, with new participation from AMD and Red Dot Capital alongside existing investors Pitango and D1 Capital Partners.

Trilogy Metals: $35.6 Million U.S. Department Of War Investment Moves Forward As Closing Deadline Extended

By Amit Chowdhry ● Jun 2, 2026

Trilogy Metals announced an update on the previously disclosed $35.6 million strategic equity investment from the U.S. Department of War, extending the targeted closing date from May 31, 2026, to July 31, 2026, to allow additional time to finalize definitive transaction documentation.

SpaceX: $4.16 Billion SB-AMTI Contract Awarded By U.S. Space Force

By Amit Chowdhry ● Jun 2, 2026

The U.S. Space Force has awarded a $4.16 billion competitive Other Transaction Authority (OTA) agreement to SpaceX for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program, accelerating the development of a space-based sensing network designed to track and target airborne threats worldwide.

Poindexter Labs Raises £2 Million Seed Round To Fix AI Training Data Supply Chain

By Amit Chowdhry ● Jun 2, 2026

Poindexter Labs, an AI data company focused on improving the quality of training data used by frontier artificial intelligence models, announced it has raised £2 million in an oversubscribed seed round. The funding was led by Episode 1 and First Cheque, with participation from partners at Venture Friends and other angel investors.