Venture Capital

Forus Raises $160 Million To Build AI-Powered Network Connecting Doctors, Pharmacies, Payers, And Biopharma

By Amit Chowdhry ● May 12, 2026

Forus, formerly known as Tandem, has announced it has raised more than $160 million to accelerate its mission of connecting the fragmented systems that stand between medical breakthroughs and the patients who need them. The New York-based company is backed by Thrive Capital, General Catalyst, Accel, Bain Capital Ventures, Redpoint, BoxGroup, and Pear VC. The raise comes as provider adoption of the platform has grown 10 times year-over-year for the past two years, driven entirely by word of mouth.

Ditto Raises €7.6 Million To Transform European Healthcare With AI For Patients

By Amit Chowdhry ● May 12, 2026

Ditto, the Rotterdam-based patient-facing healthcare AI app, has raised €7.6 million to fund its European rollout. The round is led by Heal Capital, with participation from Optiverder and Rubio Impact Ventures. The company won the 2026 Dutch National Healthcare Innovation Award and has been recommended to all policyholders by health insurer Menzis.

Gaiia Raises $40 Million Series B To Modernize Telecom Operating Infrastructure

By Amit Chowdhry ● May 12, 2026

Gaiia, the AI-native operating system for communications service providers, has announced a $40 million Series B led by JMI Equity, with participation from Inovia Capital. The minority growth investment brings the Quebec City-based company's total funding to $66 million, leaves its founding team in control, and follows three consecutive years of more than three-times revenue growth. Customers have run more than 10 million workflows on gaiia to date, with workflow execution growing 10 times in the past year alone.

Tolemy Bio Raises €1.4 Million Pre-Seed To Build AI-Native Platform For Understanding Cellular Systems

By Amit Chowdhry ● May 12, 2026

Tolemy Bio, the London-based biology software startup, has raised €1.4 million in pre-seed funding to develop Orbit, an AI-native software platform designed to help scientists understand, predict, and direct cellular behavior. The round was led by Norrsken Evolve and Big Sur Ventures, with participation from JME Ventures, Masia, Redbus Ventures, and a group of angel investors including David Ola, Marcel Hedman, Simon Franks, and Amar Shah.

Dessn Raises $6 Million To Let Product Teams Design Directly In The Real Codebase

By Amit Chowdhry ● May 12, 2026

Dessn, the collaborative product design platform, has raised $6 million in seed funding led by Connect Ventures, with participation from betaworks, N49P, and a group of angel investors including Declan Kelly, Roeland Delrue, Nicolas Steegmann, and Zoe Mohl. The round also includes support from Moxxie Ventures, which led the company’s pre‑seed, and reflects growing investor conviction in Dessn’s approach to unifying design and engineering workflows.

Greenboard Raises $20 Million And Launches GreenboardGo To Extend AI Compliance Across Entire Financial Institutions

By Amit Chowdhry ● May 12, 2026

Greenboard, an AI-native platform for securities compliance, has announced $20 million in total funding including a previously unannounced $15.5 million Series A led by Base10 Partners. Other investors include Y Combinator, General Catalyst, Wayfinder Ventures, Commerce Ventures, Transpose Platform, Liquid2 Ventures, and strategic industry investors. Alongside the funding, the New York-based company is launching GreenboardGo, a conversational AI layer built on top of a firm's compliance books and records that answers employee questions instantly, routes decisions to the right compliance expert, and prepares compliance tasks automatically for human review and sign-off.

S2G Investments Closes $1 Billion Solutions Fund I To Scale Growth-Stage Companies Across Food, Energy, And Oceans

By Amit Chowdhry ● May 12, 2026

S2G Investments has announced the final closing of Solutions Fund I, a $1 billion growth-stage investment fund focused on food and agriculture, energy, and oceans. The Fund received strategic commitments from a diverse coalition of new and existing institutional investors, including pension funds, funds of funds, and family offices across North America, Europe, Asia, and Australia.

Webidoo: $25 Million Raised To Build AI Operating Layer For SMBs

By Amit Chowdhry ● May 12, 2026

Webidoo announced the closing of a $25 million funding round led by IXC3, a fund within Azimut Group, as the company expands its AI-driven technology platform for small and medium-sized businesses.

Casimir: $12 Million Oversubscribed Seed Round Raised To Commercialize Quantum Energy Chips

By Amit Chowdhry ● May 12, 2026

Casimir announced the closing of a $12 million oversubscribed seed funding round led by Scout Ventures as the company advances commercialization plans for what it describes as the world’s first quantum vacuum energy semiconductor chip.

White Circle Raises $11 Million Seed Round To Scale Real-Time AI Monitoring And Control Platform

By Amit Chowdhry ● May 12, 2026

White Circle, the Paris-based AI control platform, has raised $11 million in seed funding from a group of prominent investors drawn from the highest levels of the AI industry. Backers include Romain Huet of OpenAI; Dirk Kingma, formerly of OpenAI and now at Anthropic; Guillaume Lample of Mistral; Thomas Wolf of Hugging Face; Olivier Pomel of Datadog; François Chollet of Keras; Mehdi Ghissassi, formerly of DeepMind; Paige Bailey of DeepMind; and David Cramer of Sentry. The funding will be used to accelerate product development, expand the team across the US, UK, and Europe, and grow White Circle's global customer base.

Ciridae: $20 Million Seed Funding Closed To Bring AI Transformation To Real Economy Businesses

By Amit Chowdhry ● May 12, 2026

Ciridae, the San Francisco-based AI transformation firm building operating systems for real economy businesses, has raised $20 million in seed funding led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures. The company was founded by CEO Jack Soslow, a former partner at Andreessen Horowitz and data scientist at Meta, and CTO Jack Weissenberger, a former engineering team leader at Salesforce and Head of ML at Teneyx.

Star Catcher Raises $65 Million Series A To Build First Power Grid In Space

By Amit Chowdhry ● May 12, 2026

Star Catcher Industries, the company building what it describes as the first power grid in space, has raised $65 million in an oversubscribed Series A round, bringing its total capital raised to $88 million. The round was led by B Capital and co-led by Shield Capital and Cerberus Ventures, the venture arm of Cerberus Capital Management, with additional participation from GreatPoint Ventures, Helena, Oceans Ventures, and MVP Ventures.

Isomorphic Labs Raises $2.1 Billion Series B To Scale AI Drug Design Engine And Advance Therapeutic Pipeline

By Amit Chowdhry ● May 12, 2026

Isomorphic Labs, the London-based AI-first drug design and development company, has raised $2.1 billion in Series B funding to accelerate its evolution from pioneering novel AI models to applying them at scale. The round is led by Thrive Capital and includes participation from existing backers Alphabet and GV alongside new investors MGX, Temasek, CapitalG, and the UK Sovereign AI Fund, significantly expanding the company's global capital base.

Green Street Launches Green Street Infrastructure As Dedicated Real Assets Intelligence Platform

By Amit Chowdhry ● May 12, 2026

Green Street has announced the official launch of Green Street Infrastructure, a dedicated infrastructure intelligence platform now integrated into the Green Street ecosystem. The Newport Beach, California-based company said the launch marks a significant step in its mission to deliver the most powerful real assets intelligence platform in the market, combining trusted infrastructure data and exclusive news coverage from IJGlobal with Green Street's existing infrastructure research and analytics capabilities. The platform was commercially introduced to the global infrastructure finance community at IFF Europe in Madrid on May 12, 2026.

Havoc Raises $100 Million Series A To Scale All-Domain Collaborative Autonomy For Defense And Commercial Markets

By Amit Chowdhry ● May 12, 2026

Havoc, the all-domain collaborative autonomy company, has announced a $100 million Series A funding round, bringing total capital raised to approximately $200 million since 2024. The round included participation from new investors CCM Capital Markets, Clear Street, Cobalt Capital, Boardman Bay Capital Management, Meet Perry, Mute Ventures, Soren Ventures, SAIC, and JA Green, alongside existing investors including Outlander VC, Scout VC, B Capital, Lockheed Martin, Taiwania Capital, UP.Partners, The Veteran Fund, and Vanderbilt University's endowment.

TriSpan Closes Continuation Vehicle For Maman

By Amit Chowdhry ● May 12, 2026

TriSpan has closed a single‑asset continuation vehicle to support the next phase of growth for Maman, the fast‑growing café‑bakery and lifestyle brand that has expanded rapidly across the United States and Canada. The transaction was led by Kline Hill Partners, with participation from Norwest and a major Ivy League endowment, and provides liquidity to existing investors while positioning the company for broader national and international expansion.

Judgment Labs Closes $32 Million In Seed And Series A Funding To Build Improvement Layer For AI Agents

By Amit Chowdhry ● May 12, 2026

Judgment Labs has raised a combined $32 million across its seed and Series A rounds to accelerate its mission of helping AI‑native teams turn production data into continuously improving agents. The funding was led by Lightspeed Venture Partners, which backed both rounds less than six months apart, signaling strong conviction in the company’s approach to solving one of the most complex challenges in the AI agent ecosystem. Additional participation came from Nova Global, SV Angel, Valor Equity Partners, and Dynamic, all supporting Judgment Labs’ push to become foundational infrastructure for agent‑native companies.

Snowhawk Announces Final Close Of Inaugural Digital Infrastructure Fund With About $1.3 Billion

By Amit Chowdhry ● May 12, 2026

Snowhawk has announced the final close of its inaugural digital infrastructure fund, Snowhawk Capital Digital Opportunities Fund I, with approximately $1.3 billion in total commitments across the fund and associated deal‑level co‑investments. The close marks a major milestone for the firm, which launched in 2022 and now manages $1.8 billion in assets.

Knit Health Secures $11.6 Million Seed Funding To Launch Its Large Clinical Behavior Model

By Amit Chowdhry ● May 12, 2026

Knit Health has emerged from stealth with $11.6 million in seed funding to build a new category of clinical intelligence AI that learns directly from real‑world clinician behavior. The round was co‑led by Uncork Capital and Frist Cressey Ventures, with the pre‑seed round led by Moxxie Ventures and participation from Coalition Operators. The company, spun out of the University of California, Berkeley, plans to accelerate development and deployment of its Large Clinical Behavior Model across health systems nationwide.

Top Down Ventures Closes $28 Million Founders Fund I

By Amit Chowdhry ● May 12, 2026

Top Down Ventures, the Vancouver-based venture capital firm focused on software and AI companies serving the Managed Service Provider market, has announced the final close of its Founders Fund I at $28 million, surpassing its original $25 million target.

Embat: €30 Million Series B Raised To Expand AI-Powered Treasury Management Across Europe

By Amit Chowdhry ● May 12, 2026

Embat, the Madrid-based fintech specializing in AI-driven treasury management, has closed a €30 million Series B round led by Cathay Innovation, a Paris-based global venture capital firm with more than €2.5 billion under management. Existing investors Creandum, Samaipata, 4Founders, and Venture Friends also participated. The raise brings Embat's total funding to more than €50 million since its founding in 2021.

Adfin Raises $18 Million Series A To Build Agentic Finance Platform

By Amit Chowdhry ● May 12, 2026

Adfin, the London-based payments and finance automation company, has closed an $18 million Series A round, bringing total investment in the company to over $30 million in less than two years. Index Ventures led the round and tripled down on its prior commitment, with existing investor Visionaries Club also participating. The round additionally welcomed Stéphane Kurgan and Miro founder Andrey Khusid as new individual investors.

Colorado School Of Mines Launches $10 Million Venture Fund II To Back Deep Tech Startups

By Amit Chowdhry ● May 12, 2026

Colorado School of Mines has announced Mines Venture Fund II, a $10 million seed-funding platform that will invest in technology startups founded by Mines alumni, faculty, and students, with a $5 million commitment from the State of Colorado including funding from the Colorado Venture Capital Authority. The fund aims to invest in approximately 40 companies over the next four years, focusing on deep tech opportunities in energy, critical minerals, AI, quantum technologies, health, and space exploration.

Fifth Dimension Raises $26 Million Series A To Scale AI Decision Intelligence Platform For Real Assets

By Amit Chowdhry ● May 12, 2026

Fifth Dimension, the decision intelligence platform built for the real assets industry, has raised $26 million in a Series A funding round led by HV Capital, with participation from Prudence, Mercia Ventures, MMC Ventures, and AFG Partners, and continued support from Speedinvest, Seedcamp, and Anthemis Group. The capital will accelerate expansion across the United States, already 70% of the company's revenue, and into Asia Pacific, where Fifth Dimension has opened a Singapore office.

Bruin Capital Acquires Minority Equity In Matchroom Sport To Accelerate Global Expansion

By Amit Chowdhry ● May 12, 2026

Bruin Capital has agreed to take a minority equity interest in Matchroom Holdings, forming a strategic alliance between one of the world's largest independent sports media and promotional businesses and a leading specialist in scaling global sports platforms. The Hearn family will retain majority ownership, with Eddie Hearn serving as Group Chairman and Barry Hearn as Founder and President. Financial terms were not disclosed. Bruin will join Matchroom's board of directors.

Circle Internet Group Launches $222 Million ARC Token Presale

By Amit Chowdhry ● May 12, 2026

Circle Internet Group, the New York-based stablecoin and digital payments company, reported total revenue and reserve income of $694 million for the first quarter of 2026, a 20% increase year-over-year. USDC in circulation reached $77.0 billion at quarter end, representing 28% growth, while USDC onchain transaction volume surged 263% to $21.5 trillion. Adjusted EBITDA grew 24% to $151 million, though net income from continuing operations declined 15% to $55 million as higher stock-based compensation and increased investment weighed on the bottom line.

ABB Invests $200 Million Across Europe To Expand Medium-Voltage Manufacturing

By Amit Chowdhry ● May 12, 2026

ABB has announced a $200 million investment in its medium-voltage manufacturing capabilities across Europe over the next three years, aimed at expanding production capacity, accelerating the transition to next-generation power distribution technologies, and strengthening supply for customers modernizing their power infrastructure.

Sony Semiconductor Solutions And TSMC Sign Deal To Form JV For Next-Generation Image Sensors

By Amit Chowdhry ● May 12, 2026

Sony Semiconductor Solutions and Taiwan Semiconductor Manufacturing Company have signed a non-binding memorandum of understanding to form a strategic partnership for the development and manufacturing of next-generation image sensors, including plans to establish a joint venture in which Sony will be the majority and controlling shareholder.

n8n Valuation Doubles To $5.2 Billion As SAP Makes Strategic Investment And Embeds Platform Into Joule Studio

By Amit Chowdhry ● May 12, 2026

n8n, the AI orchestration platform, has announced a strategic investment from SAP alongside a multi-year commercial partnership that more than doubles the company's valuation to $5.2 billion from $2.5 billion secured less than a year ago. Under the commercial agreement, n8n's workflow automation platform will be embedded natively within Joule Studio, SAP's agent-building environment within SAP Business AI Platform, marking n8n's arrival as enterprise AI infrastructure for one of the world's largest software companies.

GreaterThan Group: Simon Zhu Forms New Model Video Game Company To Build And Fund Elite Creative Studios

By Amit Chowdhry ● May 12, 2026

GreaterThan Group, a new video game company founded by games industry veteran Simon Zhu, has launched with a mission to build, empower, and fund elite creative studios to develop what it describes as unforgettable interactive experiences. The Los Angeles-based company has already partnered with three founding studios led by prominent industry figures: Arcanaut Studios in Edmonton, led by Casey Hudson; BulletFarm in Los Angeles, led by David Vonderhaar; and MAGship in Tokyo, led by Masato Sakai.