Venture Capital

NEX Health Intelligence: Imperial College London Startup Raises €1 Million For AI Infection Prediction Platform

By Amit Chowdhry ● May 20, 2026

NEX Health Intelligence, a healthcare AI startup created at Imperial College London, has raised €1 million in pre-seed funding to further develop its artificial intelligence platform designed to predict the appearance and spread of infections within hospitals.

Mouro Capital: $400 Million Closed For Latest Fintech Investment Fund

By Amit Chowdhry ● May 20, 2026

Mouro Capital announced the close of its third fund at $400 million, backed by longstanding partner Banco Santander. The venture capital firm said the new fund brings its total commitments since launching in 2015 to more than $1 billion as it continues investing in financial services technology companies across Europe, North America, and Latin America.

Vital Signals: $15 Million Raised To Transform Blood Pressure Management

By Amit Chowdhry ● May 20, 2026

Vital Signals announced it has raised more than $15 million in funding to support its mission of improving how people understand, engage with, and manage blood pressure and long-term heart health. The investment round was led by XYZ Ventures.

Armada: $230 Million Series B Raised To Scale Modular AI Infrastructure And U.S. AI Manufacturing

By Amit Chowdhry ● May 20, 2026

Armada announced a $230 million oversubscribed Series B round at a $2 billion pre-money valuation to accelerate deployment of modular AI infrastructure and expand domestic manufacturing capacity for sovereign AI systems. The funding round was co-led by BlackRock, Overmatch, and 8090 Industries, and included participation from strategic investors including Johnson Controls, NightDragon, Mitsui, and Singtel Innov8.

Bunch: $35 Million Series B Raised By Private Markets Infrastructure Platform In Series B Funding

By Amit Chowdhry ● May 20, 2026

Bunch, a private markets infrastructure platform, has raised $35 million in Series B funding led by Portage, part of Sagard, with participation from Illuminate Financial.

Thalo Labs: AI-Based HVAC Technology Company Raises Investment From Suffolk Technologies

By Amit Chowdhry ● May 20, 2026

Thalo Labs announced an investment from Suffolk Technologies, the venture capital affiliate of Suffolk Construction, along with a strategic partnership between the companies. The investment reflects Suffolk Technologies’ belief that the HVAC industry is shifting toward more intelligent and proactive service models powered by AI and real-time diagnostics.

Relay: $50 Million Financing Raised To Build Small Business Financial Command Center

By Amit Chowdhry ● May 20, 2026

Relay announced a $50 million growth investment from General Catalyst through its Customer Value Fund. The financing is designed to help Relay accelerate customer acquisition while continuing to invest in product innovation.

Veriten: $105 Million Initial Close Announced For Fund II Focused On Energy And Industrial Technology

By Amit Chowdhry ● May 20, 2026

Veriten announced the initial close of its second flagship energy venture fund with more than $105 million in capital commitments. The fund is designed to accelerate scalable technology solutions across energy, power, and industrial applications.

Hellbender: $12.5 Million Seed Round Raised To Accelerate Domestic Manufacturing Of Physical AI And Launch On-Edge Camera Line

By Amit Chowdhry ● May 20, 2026

Hellbender announced the closing of a $12.5 million seed funding round to accelerate domestic manufacturing capabilities and expand its edge AI hardware platform portfolio. The round was co-led by Magarac Venture Partners and Veredas Partners, with participation from Mana Ventures, Gaingels, Sum VC, and Active Angels Network.

Contrario: $2.3 Million Raised For AI Recruiting Platform That Hit $6 Million Annualized Revenue

By Amit Chowdhry ● May 20, 2026

Contrario, an AI-native recruiting platform built for high-growth companies, officially launched after reaching $6 million in annualized revenue and paying more than $1 million to recruiters in under six months.

Texture: $12.5 Million Raised For Grid Software Platform For Utilities

By Amit Chowdhry ● May 20, 2026

Texture, a grid software platform that gives utilities a unified view of every device and data source on their network, announced it has raised $12.5 million in Series A funding. The round was co-led by VoLo Earth Ventures and Equal Ventures, with participation from Lerer Hippeau and Abstract Ventures.

Local Boy Outfitters: Boyne Capital Investment Supports Growth And Expansion

By Amit Chowdhry ● May 20, 2026

Boyne Capital announced that one of its affiliates has made an investment in Local Boy Outfitters, a consumer apparel and lifestyle brand focused on outdoor enthusiasts and Southern culture.

BRAMI: $33 Million Series B Raised To Scale Italian Protein Pasta

By Amit Chowdhry ● May 20, 2026

BRAMI announced it has raised $33 million in Series B funding led by VMG Partners to expand manufacturing capacity, strengthen its supply chain, and accelerate national growth for its protein pasta business. Existing investors including La Molisana, Pentland Ventures, Lerer Hippeau, and Gather Ventures also participated in the round.

Rasa Legal: $1 Million Investment From NextLadder Ventures Added To $5 Million Seed Round

By Amit Chowdhry ● May 20, 2026

Rasa Legal announced a $1 million investment from NextLadder Ventures as part of the company’s previously announced $5 million late seed funding round.

Eris Innovations: SOFR Futures Open Interest Triples Ahead Of Eris Options Launch And New Funding Round

By Amit Chowdhry ● May 20, 2026

Eris Innovations announced a new investment round backed by leading trading firms as institutional adoption of its Eris SOFR Swap futures accelerated ahead of the June launch of Eris Options.

Accenture: Investment In Aera Technology To Fuel AI-Enabled Supply Chains

By Amit Chowdhry ● May 20, 2026

Accenture announced that it has invested in Aera Technology through Accenture Ventures, a company specializing in agentic decision intelligence for enterprises. The companies are combining Aera’s decision intelligence platform with Accenture’s AI-enabled supply chain capabilities to develop AI-led, real-time decision-making solutions for complex global supply chains across industries, including consumer goods, high-tech, life sciences, mining, and oil and gas.

Pitney Bowes: Credit Facility Extended To 2031 As Fitch Assigns BB- Rating

By Amit Chowdhry ● May 20, 2026

Pitney Bowes announced that it amended its revolving credit facility and Term Loan A, extending their maturities to May 2031 while keeping the facility sizes unchanged at $450 million for the revolving credit facility and $152 million for the Term Loan A.

Ocean: $28 Million Raised For Agentic Email Security Platform

By Amit Chowdhry ● May 19, 2026

Ocean announced its launch from stealth with $28 million in total funding led by Lightspeed Venture Partners, with participation from Picture Capital and Cerca Partners. Additional angel investors include Assaf Rappaport, Wiz founders Yevgeny Dibrov and Nadir Izrael, along with Dor Knafo.

FaceUp: $5 Million Series A Raised For Ethics And Compliance Platform Expansion

By Amit Chowdhry ● May 19, 2026

FaceUp, an ethics and compliance software platform focused on proactive workplace risk prevention, announced a $5 million Series A funding round led by Fil Rouge Capital.

Two Dice: Strategic Investment Raised From Oak View Group To Scale IP Driven Event Franchises

By Amit Chowdhry ● May 19, 2026

Two Dice announced a Series A strategic investment from Oak View Group, a move designed to accelerate the company’s development of scalable, IP driven live experience franchises across sports, music, and culture.

Clone Labs: AI Startup Developing ‘User Models’ Raises Investment From NAVER D2SF

By Amit Chowdhry ● May 19, 2026

NAVER subsidiary NAVER D2SF announced an investment in Clone Labs, a startup focused on building AI systems that understand user intent and context. The financial terms of the investment were not disclosed.

Eisen: $18.5 Million Raised For Compliance Operations Infrastructure For Financial Services

By Amit Chowdhry ● May 19, 2026

Eisen announced $18.5 million in funding, including a $10 million Series A led by MissionOG and a previously unannounced $8.5 million seed round led by Index Ventures. Additional participation came from Cowboy Ventures, First Round Capital, Homebrew, and Restive Ventures. The company plans to use the funding to expand its compliance coverage and grow its team serving fintechs, financial institutions, and digital asset companies.

RADAR: $170 Million Raised At $1 Billion Valuation For AI-Powered Retail Intelligence Platform

By Amit Chowdhry ● May 19, 2026

RADAR announced it has raised $170 million in Series B funding at a $1 billion valuation. The round was co-led by Gideon Strategic Partners and Nimble Partners, with participation from Align Ventures.

Cagent Vascular: $41 Million Series D Raised Following First Human Use Of Serranator SONIC IVL System

By Amit Chowdhry ● May 19, 2026

Cagent Vascular announced the successful completion of first human-use cases with the Serranator SONIC Intravascular Lithotripsy (IVL) System and the closing of an oversubscribed $41 million Series D financing round.

Benji: $6.25 Million Raised For Loyalty Partnership Infrastructure Platform

By Amit Chowdhry ● May 19, 2026

Benji, a universal API platform for loyalty partnerships, announced a $6.25 million seed funding round led by Preface Ventures and Atinc, with participation from Great North Ventures, M25, and Hyde Park Venture Partners. The company said the funding will support the expansion of its engineering and go-to-market teams in Chicago and New York as it continues scaling integrations across its loyalty partnership network.

ProEncia Biotechnology: Pre-Seed Funding Raised To Advance Patent-Pending Periodontal Disease Treatments

By Amit Chowdhry ● May 19, 2026

ProEncia Biotechnology, a fast-growing biopharma startup based in the Twin Cities, announced that it has closed significant pre-seed funding to advance its next-generation periodontal disease treatment platform. The funding will support the continued development, commercialization, and licensing of the company’s pipeline of novel, non-invasive periodontal care products designed for patients across all stages of periodontal disease severity.

Thalo Labs: Investment Raised To Bring AI-Powered HVAC Diagnostics To Technicians

By Amit Chowdhry ● May 19, 2026

Thalo Labs announced an investment from Suffolk Technologies, the venture capital affiliate of Suffolk Construction, along with a strategic partnership to accelerate the adoption of AI-powered HVAC diagnostics and service intelligence. The investment reflects growing demand for more proactive and intelligent service models across the HVAC industry as contractors face labor shortages, aging infrastructure, and increasing system complexity.

Blank Bio: $7.2 Million Seed Financing Raised To Advance RNA Foundation Models For Precision Oncology

By Amit Chowdhry ● May 19, 2026

Blank Bio, an applied AI research lab focused on training foundation models for RNA, announced the closing of a $7.2 million seed financing round along with a strategic collaboration with Pacific Biosciences to advance RNA foundation models for precision oncology.

XPEL: $110 Million Manufacturing And Supply Chain Investment Includes San Antonio Expansion And China Facility Acquisition

By Amit Chowdhry ● May 19, 2026

XPEL, a global provider of protective films and coatings, announced an approximately $110 million manufacturing and supply chain investment that includes the expansion of its operations in San Antonio, Texas, and the acquisition of a manufacturing facility in China. The investment covers real estate, capital expenditures, and the China facility acquisition, and remains within the company’s previously announced $75 million to $150 million investment framework.

Forlong Biotechnology: RMB 120 Million Series Pre-B Financing Raised To Advance Cytokine Therapy Pipeline

By Amit Chowdhry ● May 19, 2026

Forlong Biotechnology, a clinical-stage biotech company focused on developing cytokine therapies for patients with severe unmet medical needs, announced the completion of an RMB 120 million, approximately $17.5 million, Series Pre-B financing round. The round was co-led by an undisclosed fund and Fudan Capital, with participation from Changshu Guofa Venture, Kunsheng Relay Fund, and other investors.