Venture Capital

Windward Bio Announces $165 Million Crossover Financing To Advance Long-Acting Immunology Pipeline

By Amit Chowdhry ● May 6, 2026

Windward Bio, a private, clinical-stage biotechnology company based in Basel, Switzerland, has announced an upsized $165 million crossover financing led by OrbiMed, with participation from RA Capital Management, Janus Henderson Investors, Sanofi Ventures, Harbour BioMed, and existing investors. Proceeds will significantly extend the company's cash runway and enable multiple clinical readouts in the next 12 months, including advancing its lead candidate WIN378 into Phase 3 and WIN027 into respiratory and dermatology studies by the fourth quarter of 2026.

Haun Ventures: $1 Billion In New Funds Announced To Back Digital Assets And Agentic Economy Startups

By Amit Chowdhry ● May 6, 2026

Haun Ventures announced $1 billion in new funds aimed at supporting founders building infrastructure and applications across digital assets, financial technology, tokenized markets, and the emerging agentic economy.

Sierra: $950 Million Raised At $15 Billion Valuation For AI Customer Experience Platform

By Amit Chowdhry ● May 6, 2026

Sierra announced it has raised $950 million from new and existing investors led by Tiger Global and GV at a valuation exceeding $15 billion.

a16z Crypto: $2.2 Billion Fund V Announced To Back Blockchain And Stablecoin Innovation

By Amit Chowdhry ● May 6, 2026

Andreessen Horowitz announced the launch of its new $2.2 billion Crypto Fund V as the venture capital firm increases its investment in blockchain infrastructure, stablecoins, decentralized finance, and crypto-enabled applications.

CopilotKit: $27 Million Series A Raised For Enterprise Agentic Frontend Stack

By Amit Chowdhry ● May 6, 2026

CopilotKit announced it has raised $27 million in Series A funding led by Glilot Capital Partners, NFX, and SignalFire as the company expands its enterprise agentic frontend stack for generative UI and agent-human collaboration. Additional investors participating in the round included Discovery Ventures, Vermilion Cliffs Ventures, DVC, Abstraction Capital, 97212 Ventures, Deep Acre, J-Ventures, Gurtin Ventures, and Fresh Fund.

ANELLO Photonics Raises $25 Million Series B-2 To Scale Production Of GPS-Denied Navigation Technology

By Amit Chowdhry ● May 5, 2026

ANELLO Photonics, the creator of the Silicon Photonics Optical Gyroscope and a leader in solid-state, high-precision inertial navigation systems, has secured an additional $25 million in a Series B-2 financing round. The oversubscribed round was led by MESH, an electronics-focused venture capital firm, with participation from new investors Washington Harbour Partners alongside existing investors Lockheed Martin Ventures, Catapult Ventures, New Legacy Ventures, One Madison Group, IronGate Capital, and Mana Ventures.

Tierra Adentro Growth Capital Launches $100 Million New Mexico Infrastructure Fund

By Amit Chowdhry ● May 5, 2026

Tierra Adentro Growth Capital, operating as TAG Capital, has launched its New Mexico strategy through the Tierra Adentro Fund, a $100 million infrastructure investment vehicle dedicated to financing physical assets for next-generation technology companies building in the state. The fund's launch follows years of conversations with the New Mexico State Investment Council, the state's approximately $71 billion sovereign wealth fund, and is designed to bridge the gap between the SIC's investments in venture firms focused on advanced energy, deep tech, and aerospace and defense, and the capital necessary for those companies to build physical infrastructure in New Mexico.

USFibers Secures Strategic Investment From Glisco Partners And Orion Infrastructure Capital

By Amit Chowdhry ● May 5, 2026

USFibers, the largest vertically integrated recycler and producer of polyester staple fiber in the United States, has secured a new strategic investment from Glisco Partners and Orion Infrastructure Capital to expand production capacity, enhance technical capabilities, improve efficiency, and reach new markets.

Power Home Remodeling Secures Growth Investment From Bain, Sixth Street, And Harvest Partners

By Amit Chowdhry ● May 5, 2026

Power Home Remodeling, the nation's leading exterior home remodeler with more than 5,000 employees and $1.7 billion in annual revenue, has secured a growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The firms will partner with the company's management team and existing investor Harvest Partners, whose funds remain the largest investor, to support the company's continued national expansion.

Deviation Capital Launches With $2 Billion In AUM Following Spinout From Two Sigma

By Amit Chowdhry ● May 5, 2026

Deviation Capital, an early-stage venture capital firm, has launched as a newly independent business following the completed spinout of the Two Sigma Ventures operation from quantitative investment and trading firm Two Sigma.

Barocal: Cambridge University Spin-Out Raises $10 Million Seed Funding To Commercialize Breakthrough Solid-State Cooling Technology

By Amit Chowdhry ● May 5, 2026

Barocal, a Cambridge University spin-out developing solid-state cooling and heating technology using barocaloric materials, has raised a $10 million seed round from World Fund, Breakthrough Energy Discovery, Cambridge Enterprise Ventures, and IP Group to accelerate development and scale its engineering team ahead of commercial deployment. The company is targeting the approximately $450 billion global HVAC market, which is expected to surge to approximately $577 billion by 2033, with initial focus on data center cooling and commercial refrigeration.

Panthalassa Raises $140 Million Series B To Power AI Computing At Sea Using Ocean Wave Energy

By Amit Chowdhry ● May 5, 2026

Panthalassa, a renewable energy and ocean technology company, has raised $140 million in Series B financing led by Peter Thiel, with participation from a broad group of new and returning investors including John Doerr, Marc Benioff's TIME Ventures, Max Levchin's SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Group, Fortescue Ventures, Super Micro Computer, and others, alongside returning backers Founders Fund, Gigascale Capital, and Lowercarbon Capital.

Enzo Health Raises $26 Million To Deploy AI Across Home Health And Post-Acute Care

By Amit Chowdhry ● May 5, 2026

Enzo Health, the AI-driven platform for home health and post-acute care, has announced a $20 million Series A funding round led by N47, bringing the company's total funding to $26 million. Existing investors Gradient, Tandem Ventures, and Rigby Watts also participated.

Prospect Capital Completes $26 Million Investment In Security Fire Systems

By Amit Chowdhry ● May 5, 2026

Prospect Capital and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems aggregating approximately $26 million, in collaboration with Blackford Capital. Founded in 1993, Security Fire Systems is an industry leader in fire security and protection, offering automatic fire sprinkler design services, installation, system testing, maintenance, remodel and retrofit services, fire alarms, and emergency response.

CMBlu Energy Reaches Unicorn Status With €50 Million Series C Close

By Amit Chowdhry ● May 5, 2026

CMBlu Energy, the German deep-tech company developing non-lithium long-duration energy storage, has reached unicorn status, crossing the €1 billion valuation threshold following a €50 million initial close of its Series C financing with participation from Samsung Ventures. All existing investors, including STRABAG SE, also joined the round.

Trinity Capital Provides $35 Million In Equipment Financing To Torus

By Amit Chowdhry ● May 5, 2026

Trinity Capital has committed up to $35 million in equipment financing to Torus, a Salt Lake City-based energy technology company building what it describes as the next generation of energy infrastructure. Torus designs, engineers, and manufactures distributed mesh energy infrastructure that delivers scalable, secure, and reliable power, integrating battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance across utilities, data centers, manufacturers, and commercial and industrial facilities.

Green Coffee Company Raises $5 Million From More Than 2,000 Retail Investors

By Amit Chowdhry ● May 5, 2026

Green Coffee Company, a U.S.-headquartered coffee company with fully integrated operations in Colombia, has successfully closed a Regulation CF crowdfunding campaign on DealMaker's platform, raising $5 million from a community of more than 2,000 retail investors across the United States. The company, which holds exclusive third-party distribution rights for the Juan Valdez brand in the United States and Canada, has grown its retail distribution from zero to more than 1,000 locations within 12 months and targets more than 3,000 locations by year-end.

OpenAI Reportedly Secures Over $4 Billion For New Joint Venture The Deployment Company

By Amit Chowdhry ● May 5, 2026

OpenAI has secured more than $4 billion in capital for a new joint venture named The Deployment Company, designed to accelerate the corporate adoption of its artificial intelligence software, according to a Bloomberg report. The initiative drew participation from 19 investors including TPG, Brookfield Asset Management, Advent, and Bain Capital Specialty Finance, among others. SoftBank Group and Dragoneer Investment Group are also among the backers.

Sound Point Capital Leads $575 Million Financing To Support Greenbelt Capital Partners’ Acquisition Of Peak Utility Services

By Amit Chowdhry ● May 5, 2026

Sound Point Capital Management, a leading alternative credit manager with approximately $45 billion in assets under management, has served as Administrative Agent and Lead Arranger for a $575 million senior secured credit facility to support Greenbelt Capital Partners' acquisition of Peak Utility Services Group from ORIX Capital Partners. Headquartered in Broomfield, Colorado, Peak Utility Services Group is a leading provider of essential utility infrastructure services offering maintenance, repair, and upgrade solutions that support the safety, reliability, and modernization of electric, gas, and telecommunications networks across the United States.

THL Partners Closes $6.35 Billion Fund X

By Amit Chowdhry ● May 5, 2026

THL Partners, a premier private equity firm investing in middle-market growth companies, has announced the final close of THL Equity Fund X with $6.35 billion in investable capital. The fund received strong support from a diverse group of existing and new investors, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Middle East.

Siemens Reaches $1 Billion In U.S. Manufacturing Investments

By Amit Chowdhry ● May 5, 2026

Siemens has announced it has reached $1 billion in domestic manufacturing investments over the past five years to support American industry, infrastructure, and transportation, with projects coming online throughout 2026 across multiple states. The investments span manufacturing facilities dedicated to electrical infrastructure for data centers and AI factories, passenger rail coaches, and critical power equipment, with sites in North Carolina, South Carolina, Fort Worth, Texas, Pomona, California, and additional locations across the Midwest and Northeast.

Cerberus Capital Management To Make Strategic Investment In S+S Industries

By Amit Chowdhry ● May 5, 2026

Cerberus Capital Management, a global alternative investment firm with approximately $70 billion in assets, has entered into a definitive agreement to make a strategic investment into S+S Industries, a leading provider of critical solutions and value-added services for data center infrastructure. The Andrews family, founders of S+S, will retain a significant ownership stake in the business, and President Greg Andrews will continue in his leadership role to support strategic growth initiatives and maintain continuity of the company's values and customer relationships.

ZyG Raises $60 Million Series A To Build The First Agentic Operating System For eCommerce Scale

By Amit Chowdhry ● May 5, 2026

ZyG, the eCommerce agentic operating system, has raised a $60 million Series A round led by Accel with participation from Felix Capital, Bessemer Venture Partners, and Lightspeed Venture Partners. Accel partner Sonali De Rycker will join the ZyG board of directors as part of the round. The company was founded by the founders of ironSource, which went public on the NYSE at an $11 billion valuation before merging with Unity, who partnered with three leading AI experts from one of Israel's top cyber units.

InstaSwitch Raises $4.7 Million And Launches Account Activation Infrastructure For Business Banking

By Amit Chowdhry ● May 5, 2026

InstaSwitch has launched what it describes as the first infrastructure platform purpose-built to convert opened business bank accounts into active primary relationships, announcing $4.7 million in seed funding alongside the launch. The round was led by Chicago Ventures with participation from 8-Bit Capital, Better Tomorrow Ventures, Panache Ventures, and fintech executives from Unit, Square, PayPal, and Plaid. Early customers include Arc, Relay Financial, and Lettuce Financial, as well as additional regional and community banks.

Blitzy: $200 Million At $1.4 Billion Valuation Raised To Advance Autonomous Software Development

By Amit Chowdhry ● May 5, 2026

Blitzy, the autonomous enterprise software development platform, has closed a $200 million funding round at a $1.4 billion valuation, marking one of the largest raises to date in the agentic coding category. The round was led by Northzone, with new investors including PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, and Defiant, alongside continued support from Flybridge, Link Ventures, NFX, Picus Capital, and Venture Guides. Strategic investments came from Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures.

RadixArk Launches With $100 Million In Seed Funding To Democratize Frontier AI Infrastructure

By Amit Chowdhry ● May 5, 2026

RadixArk, an AI infrastructure company founded by the creators of the open-source inference engine SGLang, has launched with $100 million in seed funding at a $400 million post-money valuation. The round was led by Accel and co-led by Spark Capital, with participation from NVentures, Salience Capital, A&E Investments, HOF Capital, Walden Catalyst Ventures, AMD, LDV Partners, WTT Investment, and MediaTek. A broad group of angel investors joined the round, including the CEOs of Intel and Broadcom, the co-founder of xAI, and the co-founder of OpenAI.

Astrada Raises $3.8 Million To Build The Data Layer For Autonomous Finance

By Amit Chowdhry ● May 5, 2026

Astrada, a startup building real-time financial data infrastructure, has closed a $3.8 million seed funding round to accelerate its platform for AI-driven enterprise finance. The round was led by Bain Capital Ventures, QED Investors, and Nyca Partners, with strategic investments from Mastercard and follow-on participation from existing investor Visa. The San Francisco-based company launched in 2024 and has since processed more than $750 million in card spend and over three million transactions across all three major card networks through a single API.

QuantWare Raises $178 Million To Build World’s Most Powerful Quantum Processors At Industrial Scale

By Amit Chowdhry ● May 5, 2026

QuantWare, the industrial quantum processor company, has closed a $178 million Series B equity funding round to accelerate its VIO™ processor architecture and to fund the construction of KiloFab, the world's largest dedicated quantum open-architecture fabrication facility. The round marks the largest private funding round ever raised by a dedicated quantum processor company. New investors include Intel Capital, In-Q-Tel, and ETF Partners, joined by existing backers FORWARD.one, Invest-NL Deep Tech Fund, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures.

Nace.AI Secures $21.5 Million To Build Metamodel That Autonomously Runs Enterprise Workflows

By Amit Chowdhry ● May 5, 2026

Nace.AI has raised $21.5 million in seed funding to commercialize a platform where more than 100 specialized AI agents autonomously execute complex enterprise workflows, with human experts providing final validation. The round was led by Walden Catalyst with participation from General Catalyst and a group of institutional and angel investors. Alongside the announcement, the company is launching its product in research preview.

Moritz Raises $9 Million To Build An AI-Powered Law Firm For Complex Legal Matters

By Amit Chowdhry ● May 5, 2026

Moritz, formerly known as Arcline, has raised $9 million from Y Combinator, 20VC, Urban Innovation Fund, Inception Fund, and more than 20 unicorn founders to build what the company describes as the law firm users have always wanted — one capable of resolving complex legal matters in hours without unsustainable costs. The company's cap table includes the founders of Dropbox, Reddit, Instacart, Hugging Face, Superhuman, WorkOS, Runway, Mixpanel, Rappi, Scribd, Supermetrics, Privy, Optimizely, Product Hunt, and Google Photos, alongside current and former Y Combinator partners, Lenny Rachitsky, and operators from ElevenLabs, Lovable, and OpenAI.