Venture Capital

Resurrect Bio: $10.3 Million Oversubscribed Series A Raised To Accelerate Crop Disease Resistance

By Amit Chowdhry ● May 14, 2026

Resurrect Bio, a biotechnology company developing disease-resistant crops through gene editing, announced the final close of its Series A funding round at $10.3 million, oversubscribed from the company’s previously announced $8.1 million initial close in February 2026.

Synthetic: $10 Million Seed Raised For AI Bookkeeping Platform For Software Startups

By Amit Chowdhry ● May 14, 2026

Synthetic announced it has raised $10 million in seed funding led by Khosla Ventures. Additional participants in the round included Basis Set Ventures along with operator-investors Tobi Lütke, Kaz Nejatian, Zach Abrams, Cosmin Nicolaescu, and Michael Tannenbaum.

Degron Therapeutics: $40 Million Series A Extension Closed To Support Molecular Glue Degrader Clinical Development

By Amit Chowdhry ● May 14, 2026

Degron Therapeutics announced the closing of a $40 million Series A Extension financing round to support the continued clinical development of its molecular glue degrader pipeline. The financing round was led by LAPAM CAPITAL, with participation from GTJA Investment Group, Fortune Capital, CSPC & Growth, ApicHope, GF Xinde, CASSTAR, Kinghall Ventures, and GAGE Capital. The latest financing brings the total capital raised by Degron Therapeutics to $95 million.

GridCARE: $64 Million Series A Raised To Create New ‘Power Acceleration’ Category For AI

By Amit Chowdhry ● May 14, 2026

GridCARE announced it has raised a $64 million oversubscribed Series A round to accelerate what the company describes as a new category called “Power Acceleration” for AI infrastructure. The financing was led by Sutter Hill Ventures, with participation from John Doerr, along with utility and institutional investors including National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, and existing investors including Xora, Aina Ventures, Overture, Acclimate Ventures, and Clearvision Ventures.

Aistra Acquires Controlling Stake In Veracity Services To Expand Finance And Accounting Capabilities

By Amit Chowdhry ● May 14, 2026

Aistra announced the acquisition of a controlling stake in Veracity Services as part of a strategy to expand its AI-augmented finance and accounting business and broaden its global client base.

Lansdowne Partners: $150 Million First Close Announced For UK Innovation-Focused VC Fund

By Amit Chowdhry ● May 14, 2026

Lansdowne Partners has launched a venture capital fund focused on supporting high-potential UK companies emerging from the country’s university research base and startup ecosystem. The fund announced a first close of $150 million and is targeting a final close in December, with indicated investor interest already exceeding the fund’s $200 million cap.

Origin Lab: $8 Million Seed Raised To Turn Video Game Worlds Into AI Training Data

By Amit Chowdhry ● May 14, 2026

Origin Lab, the technology platform turning licensed video game worlds into structured training data for world models and multimodal AI, announced an $8 million seed round led by Lightspeed Venture Partners.

Credibly: Over $260 Million In New Financing Secured To Accelerate SMB Financing Growth

By Amit Chowdhry ● May 14, 2026

Credibly announced that it secured more than $260 million in new financing to strengthen its capital base and support continued growth in small and medium-sized business financing.

Stitch: $25 Million Raised For Financial Infrastructure Platform

By Amit Chowdhry ● May 14, 2026

Stitch announced it has raised $25 million in Series A funding led by Andreessen Horowitz, marking the venture firm’s first investment in the GCC region. The funding round brings Stitch’s total funding to $35 million. Existing investors Arbor Ventures, COTU Ventures, Raed Ventures, and SVC also participated in the round.