Venture Capital

Leo Cancer Care Raises $65 Million Series D To Scale Upright Cancer Care Platform

By Amit Chowdhry ● Jul 8, 2026

Leo Cancer Care announced the close of an oversubscribed $65 million Series D financing round. The round was led by Yu Galaxy, with new investor Eventide Asset Management joining alongside continued support from existing investors.

Allotera Therapeutics Raises $35 Million To Advance Off-The-Shelf CAR-T Therapies

By Amit Chowdhry ● Jul 8, 2026

Allotera Therapeutics announced the closing of a $35 million financing round. The financing includes equity and venture debt and brings the company’s total capital raised to $150 million.

National Grid Ventures To Invest $1.75 Billion In Joulent To Power U.S. Data Centers And AI

By Amit Chowdhry ● Jul 8, 2026

National Grid Ventures announced that it has agreed to invest $1.75 billion for a 35% stake in Joulent. The deal forms a strategic partnership focused on developing contracted power and electrical infrastructure solutions for large-load demand in the U.S.

Pediatrica Health Group Raises $28 Million Series B

By Amit Chowdhry ● Jul 8, 2026

Pediatrica Health Group announced the closing of a $28 million Series B funding round. The round was led by Valspring Capital, with participation from existing investor M33 Growth.

Cyllene Therapeutics Raises €33 Million Series C

By Amit Chowdhry ● Jul 8, 2026

Cyllene Therapeutics announced the closing of a €33 million Series C financing round. The company was formerly known as EG 427 and rebranded to Cyllene Therapeutics alongside the financing. The round was co-led by GordonMD Global Investments and Merck Ventures, an affiliate of Merck KGaA, Darmstadt, Germany. T. Andera Partners, Bpifrance Investissement through its InnoBio 3 Fund, and Lamond Ventures also participated.

Agave Raises $15 Million Series A To Bring AI To Construction Financials

By Amit Chowdhry ● Jul 8, 2026

Agave announced that it has raised $15 million in Series A funding. The round was led by Accel, which also led Agave’s seed round, with continued participation from Y Combinator.

HIVE Raises $15 Million Seed To Build Physical AI Platform For Industrial Machines

By Amit Chowdhry ● Jul 8, 2026

HIVE announced that it has raised $15 million in seed funding. The round was led by SuperSeed, with participation from Veriten, Skyfall, and Nysnø. Angel investors in the round include Børge Hald, founder of Medallia, and Jørn Lyseggen, founder of Meltwater. The company described the financing as one of Europe’s largest seed investments in Physical AI.

ARC Intelligence Raises €4 Million In Seed Funding

By Amit Chowdhry ● Jul 8, 2026

ARC Intelligence announced that it has secured €4 million in seed funding. The company is building an AI-native Finance OS for ERP-heavy businesses.

Z Squared Raises Approximately $15.3 Million To Advance AI Infrastructure Strategy

By Amit Chowdhry ● Jul 8, 2026

Z Squared announced that it has raised approximately $15.3 million in capital through equity sales under its standby equity purchase agreement. The company incurred no new debt in connection with the financing and said it continues to maintain virtually no corporate debt.

Expeditions Closes €197 Million Fund II To Back European Security Technologies

By Amit Chowdhry ● Jul 8, 2026

Expeditions announced the final close of its second fund at €197 million. The fund will invest in technologies and founders shaping the future of European defense, security, and sovereignty.

Proxima Fusion Raises €411 Million At €2.4 Billion Valuation

By Amit Chowdhry ● Jul 8, 2026

Proxima Fusion announced a €411 million ($468 million) financing round. The round brings the company’s valuation to €2.4 billion ($2.7 billion) and establishes Proxima Fusion as the best-funded fusion company in Europe.

inKind: Liberty Mutual Investments Commits $320 Million To Support Restaurant Growth

By Amit Chowdhry ● Jul 8, 2026

Liberty Mutual Investments announced a strategic financing partnership with inKind, a restaurant commerce enablement platform and technology company. LMI provided more than $320 million in financing, serving as both a senior and mezzanine lender.

Beeline Medicines Raises $426.3 Million Series A To Advance Autoimmune And Inflammatory Disease Portfolio

By Amit Chowdhry ● Jul 8, 2026

Beeline Medicines announced the closing of a $126.3 million Series A extension. The new funding brings the company’s total Series A financing round to $426.3 million. The extension adds to Beeline Medicines’ previously announced $300 million Series A financing. The funding came from existing shareholders and investors, including Bain Capital, Canada Pension Plan Investment Board, Bristol Myers Squibb, and certain members of the company’s management team.

Arato Raises $10 Million Seed Round To Improve AI Quality Assurance

By Amit Chowdhry ● Jul 8, 2026

Arato announced that it has raised a $10 million seed round. The round was led by TLV Partners. Jibe Ventures also participated in the financing. Additional backers included a16z’s Raghu Raghuram, the former CEO of VMware, and Marianna Tessel, the former CTO of Intuit.

Keyfactor Raises Over $1 Billion Strategic Growth Investment Led By Summit Partners

By Amit Chowdhry ● Jul 8, 2026

Keyfactor announced a strategic growth investment of more than $1 billion led by Summit Partners. The company said the investment reflects rising urgency around machine identity security and the growing importance of trust infrastructure for enterprises operating in the AI and post-quantum era.

Even Realities Raises $150 Million At $1 Billion Valuation To Build AI Smart Glasses

By Amit Chowdhry ● Jul 8, 2026

Even Realities Technology raised $150 million in a pre-Series B funding round. The round valued the Chinese smart-glasses company at $1 billion. The financing included investors such as Meituan and Tencent. The funding makes Even Realities a unicorn as it looks to compete in the AI wearable market.

Quaise Energy Raises $134 Million Series B Initial Close To Build Superhot Geothermal Power Plant

By Amit Chowdhry ● Jul 8, 2026

Quaise Energy announced the initial close of its Series B financing, raising $134 million. The round was led by Prelude Ventures, with strategic investments from JERA and Idemitsu, two of Japan’s largest energy companies. Nearly all existing investors, including Safar Partners, also participated in the round. The Series B brings Quaise Energy’s total funding raised to date to $230 million, with additional equity and debt capital expected to close soon.

Spense Raises $2.8 Million Seed Round To Build Agentic Credit Infrastructure

By Amit Chowdhry ● Jul 7, 2026

Spense announced that it has raised a $2.8 million seed round. The round was led by Arkam Ventures, with participation from Razorpay, GrowthCap Ventures, AtriumVC, and a group of operators and angel investors.

Aylight Raises €4.5 Million Pre-Seed To Address AI’s Optical Bottleneck

By Amit Chowdhry ● Jul 7, 2026

Aylight announced that it has raised €4.5 million in pre-seed funding. The company is developing laser technology designed to address the optical bottleneck created by the rapid scaling of AI infrastructure. The round was co-led by Elaia and Swisscom Ventures. Verve Ventures and Plug and Play also participated in the financing.

Storika Closes Seed Round To Scale AI-Native Creator Marketing Platform

By Amit Chowdhry ● Jul 7, 2026

Storika announced the closing of a seed funding round to scale its AI-native creator marketing platform. The round terms were not disclosed. The round included a strategic investment from Amorepacific. Additional participants included Schmidt, Hustle Fund, BonAngels Venture Partners, and Krew Capital.

H.I.G. Capital Is Acquiring A Majority Stake In TERRAS

By Amit Chowdhry ● Jul 7, 2026

H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to acquire a majority stake in TERRAS Group. Financial terms of the transaction were not disclosed.

American Clean Resources Group Receives LOI For Up To $40 Million In Joint Development Capital

By Amit Chowdhry ● Jul 7, 2026

American Clean Resources Group announced that it has received a Letter of Intent from Elko Heat Company for up to $40 million in joint development capital. The capital is intended to support ACRG’s pursuit of a Bureau of Land Management Solar Energy Zone competitive lease and related solar development activities at the company’s Millers Property in Esmeralda County, Nevada.

Linea Energy And Crux Close Financing For 172 MWdc Michigan Solar Project

By Amit Chowdhry ● Jul 7, 2026

Linea Energy announced the closing of a tax equity financing with Crux for its Watertown solar project. Watertown is a 172 MWdc utility-scale solar energy facility located in Sanilac County, Michigan.

Flathead Forge Invests In NALA Membranes To Advance Chlorine-Stable Water Treatment Technology

By Amit Chowdhry ● Jul 7, 2026

Flathead Forge Fund 1 announced that it has invested in NALA Membranes, a North Carolina developer of chlorine-stable membranes for industrial water purification and reuse. Financial terms of the investment were not disclosed.

Oceaneering Increases Revolving Credit Facility To $345 Million

By Amit Chowdhry ● Jul 7, 2026

Oceaneering International announced that it has entered into an amendment to its senior secured revolving credit facility. The amendment increases total commitments under the facility from $215 million to $345 million, giving the company a larger pool of available capital to support its business needs.

Venture Capital

Leo Cancer Care Raises $65 Million Series D To Scale Upright Cancer Care Platform

Allotera Therapeutics Raises $35 Million To Advance Off-The-Shelf CAR-T Therapies

National Grid Ventures To Invest $1.75 Billion In Joulent To Power U.S. Data Centers And AI

Pediatrica Health Group Raises $28 Million Series B

Cyllene Therapeutics Raises €33 Million Series C

Agave Raises $15 Million Series A To Bring AI To Construction Financials

HIVE Raises $15 Million Seed To Build Physical AI Platform For Industrial Machines

ARC Intelligence Raises €4 Million In Seed Funding

Z Squared Raises Approximately $15.3 Million To Advance AI Infrastructure Strategy

Expeditions Closes €197 Million Fund II To Back European Security Technologies

Proxima Fusion Raises €411 Million At €2.4 Billion Valuation

inKind: Liberty Mutual Investments Commits $320 Million To Support Restaurant Growth

Beeline Medicines Raises $426.3 Million Series A To Advance Autoimmune And Inflammatory Disease Portfolio

Arato Raises $10 Million Seed Round To Improve AI Quality Assurance

Keyfactor Raises Over $1 Billion Strategic Growth Investment Led By Summit Partners

Even Realities Raises $150 Million At $1 Billion Valuation To Build AI Smart Glasses

Quaise Energy Raises $134 Million Series B Initial Close To Build Superhot Geothermal Power Plant

Spense Raises $2.8 Million Seed Round To Build Agentic Credit Infrastructure

Aylight Raises €4.5 Million Pre-Seed To Address AI’s Optical Bottleneck

Storika Closes Seed Round To Scale AI-Native Creator Marketing Platform

H.I.G. Capital Is Acquiring A Majority Stake In TERRAS

American Clean Resources Group Receives LOI For Up To $40 Million In Joint Development Capital

Linea Energy And Crux Close Financing For 172 MWdc Michigan Solar Project

Flathead Forge Invests In NALA Membranes To Advance Chlorine-Stable Water Treatment Technology

Oceaneering Increases Revolving Credit Facility To $345 Million

Alberta Cancer Foundation Invests C$35 Million To Advance Cancer Clinical Trials

B Capital Closes $500 Million Ascent Fund III To Back AI-Driven Companies

Voyager Closes Upsized $250 Million Credit Facility

Bespoke Labs Raises $40 Million To Build Reliable AI Agent Training Environments

Omni Ventures Closes $33 Million Fund I To Back Manufacturing Tech Startups