Venture Capital

Etched Raises $300 Million At $10.3 Billion Valuation To Scale AI Inference Hardware

By Amit Chowdhry ● Jul 23, 2026

Etched has raised $300 million in new financing at a $10.3 billion valuation to increase production and customer deployments of its purpose-built artificial intelligence inference systems. The financing was led by Sequoia Capital, with participation from Andreessen Horowitz, Jane Street, Diffusion and SK Hynix. Etched described the transaction as the highest valuation achieved by a Sequoia-led Series C financing.

DVC: Interview With Managing Partners Marina Davidova And Nick Davidov About The AI-First Venture Capital Firm

By Amit Chowdhry ● Jul 23, 2026

DVC is a Bay Area-based venture capital firm backing early-stage AI startups. In just four years, seven companies in its portfolio have reached unicorn status. DVC was an early backer of Perplexity, Etched, Thinking Machines Lab, Rhoda AI, and Higgsfield. Pulse 2.0 sat down with DVC co-founders and managing partners Marina Davidova and Nick Davidov to learn more about their distinctive approach to venture capital.

Francisco Partners Raises $21 Billion Across Flagship And Agility Funds

By Amit Chowdhry ● Jul 23, 2026

Francisco Partners has closed $21 billion in capital commitments across its eighth flagship fund and fourth Agility fund, completing the largest fundraising effort in the technology investment firm's history.

Bregal Sagemount To Acquire Majority Stake In ATOZ Services

By Amit Chowdhry ● Jul 23, 2026

Bregal Sagemount has agreed to make a strategic growth investment in ATOZ Services, becoming the majority shareholder of the Luxembourg-based fund services platform. ATOZ Group and existing investor ICG will retain minority interests following the transaction.

Cirrus Logic Receives Scottish Enterprise Grant For Smart Energy Technology Development

By Amit Chowdhry ● Jul 23, 2026

Cirrus Logic has received a research and development grant from Scottish Enterprise to develop a next-generation smart energy technology platform and expand its engineering activities in Scotland. The amount of the grant was not disclosed.

Abstract Raises $25 Million To Expand Composable AI-Powered Security Operations Platformabstract

By Amit Chowdhry ● Jul 23, 2026

Abstract has raised $25 million in funding to expand its composable security operations platform as enterprises seek alternatives to traditional security information and event management systems. The round was co-led by Cheyenne Ventures and AVP, with participation from Olive Hill Ventures. Existing investors Crosslink Capital and Rally Ventures also joined the financing. The investment brings Abstract's total funding to nearly $50 million.

Empery Digital Invests $20 Million In Cardinal Data Power For An 8% Stake

By Amit Chowdhry ● Jul 23, 2026

Empery Digital has invested $20 million in Cardinal Data Power, acquiring an approximately 8% ownership interest in the developer of large-scale powered data center campuses.

Prosper Medical Raises $16 Million Led By FUSE For AI-Powered Concierge Primary Care

By Amit Chowdhry ● Jul 23, 2026

Prosper Medical has raised $16 million to expand its AI-powered concierge primary care platform and physician network. The financing was led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures and WTI.

Apollo And San Jose Earthquakes Launch AI-Powered Go-To-Market And Jersey Sleeve Partnership

By Amit Chowdhry ● Jul 23, 2026

Apollo has entered a multiyear partnership with Major League Soccer's San Jose Earthquakes that combines a jersey sleeve sponsorship with the deployment of Apollo's artificial intelligence-based go-to-market system across the club's commercial operations.

Jusfy Raises $15 Million Series A Led By Quona Capital

By Amit Chowdhry ● Jul 23, 2026

Jusfy has raised $15 million in Series A funding led by Quona Capital to expand its AI-native operating system for legal professionals in Brazil. The round also included Thomson Reuters Ventures, The LegalTech Fund, Maya Capital, SaaSholic, Spectra, Fluent Ventures, Endeavor, FJ Labs and other investors.

BusinessNext Raises $40 Million From ServiceNow Ventures At $700 Million Valuation

By Amit Chowdhry ● Jul 23, 2026

BusinessNext has raised $40 million in a Series C funding round from ServiceNow Ventures, valuing the Indian banking software company at approximately $700 million, according to Reuters. Through the investment, ServiceNow acquired roughly a 5% interest in BusinessNext. The companies will also form a strategic partnership focused on expanding and governing artificial intelligence tools used by financial institutions.

Ropedia Raises $30 Million In Pre-A Funding To Scale Physical AI Data Infrastructure

By Amit Chowdhry ● Jul 23, 2026

Ropedia has raised $30 million across two pre-A funding rounds to expand its data infrastructure platform for robotics and embodied artificial intelligence systems. The Singapore-based company raised $22 million in its latest round after previously securing $8 million in March 2026. The financing included angel investors, long-term financial investors and strategic partners with experience in artificial intelligence, enterprise technology, robotics, mobility and infrastructure.

Travis Kalanick’s Atoms Raises $1.7 Billion In Equity Funding Led By Andreessen Horowitz

By Amit Chowdhry ● Jul 23, 2026

Atoms, the industrial AI and robotics company founded by Uber co-founder and former CEO Travis Kalanick, has secured a $1.7 billion equity investment led by Andreessen Horowitz. The round also included Bain Capital Ventures, Uber, Fifth Wall, A*, Chemistry, K5 Global, Abstract, SV Angel and Alpha Square Group. Andreessen Horowitz co-founder Ben Horowitz will join the Atoms board.

Barings Provides Financing For Quad-C’s Acquisition Of Armstrong Transport Group

By Amit Chowdhry ● Jul 23, 2026

Barings has provided senior secured credit facilities supporting Quad-C's acquisition of Armstrong Transport Group. Financial terms of the acquisition and financing were not disclosed.