Traded: Venture Capital

Reps, a Mils, Tyrol–based road energy production system provider, raised $23.6M in equity financing, with backers not disclosed. Founded by CEO Alfons Huber, the company develops and commercializes its patented Road Energy Production System (REPS), which converts vehicle movement into electrical energy and is already operating at the Port of Hamburg. The new funding will be used to expand operations and accelerate development efforts as it targets deployment across ports, logistics hubs, highways, and urban infrastructure globally. FOUNDER: Alfons Huber AMOUNT: $23,600,000 HQ: Mils, Tyrol, Austria #VentureCapital #Reps #AlfonsHuber #TradedVC

Polsia, an AI-native company-building platform that uses autonomous agents to run core business functions, raised $30 million at a $250 million valuation as it approaches a $10 million annual run rate. The company said its own platform handled much of the fundraising process — including diligence, investor briefings and data room management — underscoring its thesis that software agents can operate most parts of a business with minimal human involvement; investors in the round included Sound Ventures, True Ventures, Offline Ventures, Adjacent, Tekton Ventures, Drysdale Ventures and Vaynerfund. FOUNDER: Ben Cera INVESTORS: Sound Ventures, True Ventures, Offline Ventures, Adjacent, Tekton Ventures, Drysdale Ventures & Vaynerfund. AMOUNT: $30,000,000 VALUATION: $250,000,000 HQ: San Francisco, California #VentureCapital #Polsia #BenCera #TradedVC

Modal, a New York–based AI-native cloud compute and serverless container platform, raised $355 million in Series C funding at a $4.65 billion post-money valuation, in a round led by General Catalyst and Redpoint with participation from Menlo, Bain Capital Ventures, and Accel. Founded by Erik Bernhardsson and Akshat Bubna, the company plans to expand its low-latency inference and RL infrastructure, scale GPU sandboxing systems, and grow its engineering teams across New York, San Francisco, and Stockholm. FOUNDER: Erik Bernhardsson INVESTORS: General Catalyst, Redpoint, Menlo, Bain Capital Ventures & Accel ROUND: Series C AMOUNT: $355,000,000 VALUATION: $4,650,000,000 HQ: New York #VentureCapital #Modal #ErikBernhardsson #TradedVC

August Robotics, a Hong Kong-based robotics automation company for construction and industrial applications founded in 2017 by Alex Wyatt, has raised US $30M in a Series B round led by Big Pi Ventures, with participation from Blackbird, Skip Capital, Tanarra, Future Family Office, and GS Futures. The company plans to use the new capital to expand operations and accelerate development of its modular robotics platform, which enables autonomous task planning, multi-robot coordination, and real-time error correction across construction workflows, including its latest deployment of downward-drilling robot fleets for large-scale pre-fabricated sites and earlier floor-marking systems used in exhibitions and indoor venues. FOUNDER: Alex Wyatt INVESTORS: Big Pi Ventures, Blackbird, Skip Capital, Tanarra, Future Family Office & GS Futures ROUND: Series B AMOUNT: $30,000,000 HQ: Hong Kong #VentureCapital #AugustRobotics #AlexWyatt #TradedVC

Quartermaster, an Arlington-based maritime data analytics and vessel-integrated edge sensing startup, raised $43 million in Series A funding co-led by First Round Capital and Quiet Capital, with participation from TMV Logistics, Steel Atlas, BoxGroup, Operator Partners, Shorewind Capital, and David Adelman. Led by Neil Sobin, the company develops its “SmartMast” onboard sensing and edge computing platform that turns commercial vessels into real-time data collection nodes, and it plans to use the new capital to expand its sensor network into new regions and vessel classes while scaling its engineering, product, and go-to-market teams. Quartermaster’s network already spans more than 10 million square miles of ocean across 600+ active vessels in 25 countries, powering a global maritime awareness system for insurers, logistics firms, and maritime agencies. FOUNDER: Neil Sobin INVESTORS: First Round Capital, Quiet Capital, TMV Logistics, Steel Atlas, BoxGroup, Operator Partners, Shorewind Capital & David Adelman ROUND: Series A AMOUNT: $43,000,000 HQ: Arlington, Virginia #VentureCapital #Quartermaster #NeilSobin #TradedVC

Scapia raised $63 million in a round led by General Catalyst, with participation from existing backers Peak XV Partners and Z47. The India-based travel-fintech company, founded and led by CEO Anil Goteti, plans to use the capital to accelerate its AI-first product roadmap, expand its customer base across the country, and strengthen its integrated travel and financial ecosystem spanning credit cards, payments, rewards, and travel services. The company said it is seeing strong traction across flights and stays as it builds toward a broader AI-native travel platform for a younger, travel-heavy consumer base in India. FOUNDER: Anil Goteti INVESTORS: General Catalyst, Peak XV Partners & Z47 AMOUNT: $63,000,000 HQ: Bengaluru, Karnataka, India #VentureCapital #Scapia #AnilGoteti #TradedVC

Convective Capital, the early-stage climate and resilience-focused venture fund led by Bill Clerico, has raised an $85 million fund, up from its $35 million 2022 debut. The new fund marks a shift from an initial “firetech” focus on wildfire detection and mitigation to a broader mandate around physical-world risk management and disaster resilience, backed increasingly by institutional investors including insurers and asset managers. Convective plans to continue investing in technologies spanning wildfire prevention, infrastructure monitoring, insurance innovation, and climate-adaptive systems as extreme weather and disaster-related losses accelerate globally. FOUNDER: Bill Clerico AMOUNT: $85,000,000 #VentureCapital #ConvectiveCapital #BillClerico#TradedVC

Advanced Micro Devices said it will invest more than $10 billion across Taiwan’s semiconductor ecosystem in a sweeping push to scale advanced packaging and accelerate next-generation AI infrastructure deployment. The commitment, outlined in a May 21 release, deepens partnerships with firms including ASE and SPIL to develop wafer-based 2.5D “Elevated Fanout Bridge” interconnect technology for AMD’s upcoming 6th Gen EPYC CPUs codenamed “Venice,” while also marking a milestone with PTI on panel-based EFB interconnects aimed at improving efficiency and economics for AI systems. The investments support AMD’s Helios rack-scale platform, targeting multi-gigawatt deployments from 2H 2026 using Instinct MI450X GPUs and EPYC processors, as the company competes more directly with Nvidia in AI infrastructure. Chair and CEO Dr. Lisa Su said the strategy combines AMD’s high-performance computing with Taiwan’s ecosystem to enable integrated rack-scale AI systems for faster deployment of next-gen workloads. FOUNDERS: Jerry Sanders, Edwin Turney, John Carey, Jack Gifford, Sven Simonsen, Frank Botte, Jim Giles & Larry Stenger AMOUNT: $10,000,000,000 HQ: Santa Clara, California #VentureCapital #AdvancedMicroDevices #JerrySanders #EdwinTurney #JohnCarey JackGifford SvenSimonsen FrankBotte JimGiles LarryStenger TradedVC

Socket raised $60 million in a Series C round at a $1 billion valuation, officially becoming a unicorn as demand intensifies for tools that secure open-source software supply chains amid the rapid rise of AI-generated code. The round was led by Thrive Capital with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures, bringing total funding to $125 million. Founder and CEO Feross Aboukhadijeh said the company’s platform detects malicious behavior in open-source dependencies in real time as AI now generates the majority of code in leading engineering teams. FOUNDER: Feross Aboukhadijeh INVESTORS: Thrive Capital, Andreessen Horowitz, Abstract Ventures & Capital One Ventures ROUND: Series C AMOUNT: $60,000,000 VALUATION: $1,000,000,000 HQ: San Francisco, California #VentureCapital #Socket #FerossAboukhadijeh #TradedVC

Fresha has raised $80 million from KKR’s Next Generation Technology Growth fund, pushing the London-based company to a valuation above $1 billion as it moves deeper into late-stage growth territory. Founded in 2015, Fresha says it now works with more than 140,000 businesses globally that collectively process over 35 million appointments per month, and it has raised about $285 million to date; the new capital will go toward international expansion and building out AI-powered features as the platform continues scaling its marketplace for beauty and wellness bookings. FOUNDERS: William Zeqiri & Nicholas Miller INVESTORS: KKR, Partech, Target Global, FJ Labs, General Atlantic, L Catterton AMOUNT: $80,000,000 VALUATION: $1,000,000,000 HQ: London, United Kingdom #VentureCapital #Fresha #WilliamZeqiri #NicholasMiller #TradedVC

Oura, the San Francisco–based maker of the Oura Ring founded in 2013, has confidentially filed for a 2026 IPO following a major growth and funding surge. The company recently raised over $900 million in late 2025 at an approximately $11 billion valuation, bringing total funding to more than $900 million and fueling rapid expansion as sales doubled and revenue climbed from $500 million in 2024 to a projected $1 billion in 2025. Now having sold over 5.5 million rings, Oura is positioning itself as the leader in the smart ring category as it prepares for a public listing alongside other high-profile tech IPO filings. FOUNDERS: Petteri Lahtela, Kari Kivelä & Markku Koskela HQ: San Francisco, California #VentureCapital #Oura #OuraRing #TradedVC

Neurosoft Bioelectronics has raised $7.5 million in an oversubscribed seed round, bringing its total funding to over $20 million as it advances soft, stretchable brain-computer interfaces toward broader clinical use and early U.S. commercialization. The round was led by Skybound Venture Capital, with participation from Protocol Labs’s PL Capital, IAG Capital Partners, and Connecticut Innovations. Spun out of EPFL in 2020, the company is building elastic cortical electrode arrays already tested in 10 patients across ongoing clinical trials, while CEO and co-founder Nicolas Vachicouras says the platform’s high-resolution neural data is designed to enable both improved clinical outcomes and future AI-driven brain-interface systems. FOUNDERS: Nicolas Vachicouras & Ludovic Serex INVESTORS: Skybound Venture Capital, PL Capital, IAG Capital Partners & Connecticut Innovations ROUND: Seed AMOUNT: $7,500,000 HQ: Geneva, Switzerland #VentureCapital #NeurosoftBioelectronics #NicolasVachicouras #LudovicSerex #TradedVC

Exa, an AI research lab building a search engine for AI systems, has raised $250 million in a Series C round at a $2.2 billion valuation, led by Andreessen Horowitz. CEO Will Bryk said the company’s search API now serves more than 5,000 companies and 400,000 developers, including users like Cursor, Cognition, and HubSpot, as demand grows for high-quality real-time web search for AI agents. Existing backers Benchmark, Lightspeed, and Y Combinator participated in the round, alongside new board member Sarah Wang and other AI leaders joining the investment. FOUNDERS: William Bryk & Jeffrey Wang INVESTORS: Andreessen Horowitz, Benchmark, Lightspeed & Y Combinator ROUND: Series C AMOUNT: $250,000,000 VALUATION: $2,200,000,000 HQ: San Francisco, California #VentureCapital #Exa #WilliamBryk #JeffreyWang #TradedVC

Amca, led by CEO Jai Malik, has raised a $300 million Series B at a $1 billion+ valuation to scale its effort to rebuild America’s industrial and defense manufacturing base. The round was led by Varun Gupta and Raymond Tonsing at Caffeinated Capital, with participation from Connor Love at Lightspeed and existing backers including Andreessen Horowitz, Lux Capital, Construct Capital, and House Capital. The company, which has expanded to seven factories nationwide since launch, said it will use the capital to accelerate production of critical aerospace, defense, and infrastructure components. FOUNDER: Jai Malik INVESTORS: Varun Gupta, Raymond Tonsing, Connor Love, Andreessen Horowitz, Lux Capital, Construct Capital & House Capital AMOUNT: $300,000,000 VALUATION: $1,000,000,000 HQ: El Segundo, California #VentureCapital #Amca #JaiMalik #TradedVC

Mister Car Wash has completed its $3.1 billion take-private acquisition by Leonard Green & Partners, ending its run as a Nasdaq-listed company. Under the all-cash deal, shareholders received $7.00 per share, while Leonard Green—already the majority owner with about 67% pre-deal—bought out remaining equity and will delist the company following the filing of a Form 25. The transaction, first announced in February 2026, marks a return to private ownership after its 2021 IPO, with the sponsor now expected to back continued store upgrades, tech investment, and expansion across the chain. SALE PRICE: $3,100,000,000 HQ: Tucson, Arizona #VentureCapital #MisterCarWash #LeonardGreenandPartners #TradedVC

NanoCo, the company behind the security-focused OpenClaw alternative NanoClaw, has raised an oversubscribed $12 million seed round led by Valley Capital Partners, with participation from Docker, Vercel, Monday.com, Slow Ventures, and angels including Clem Delangue, following a viral launch; founders Gavriel Cohen and Lazer Cohen also said they turned down a roughly $20 million acquisition offer as interest in the project surged from a couch-built prototype to widespread developer adoption and enterprise demand. FOUNDERS: Gavriel Cohen & Lazer Cohen INVESTORS: Valley Capital Partners, Docker, Vercel, Monday.com, Slow Ventures & Clem Delangue ROUND: Seed AMOUNT: $12,000,000 #VentureCapital #NanoCo #GavrielCohen #LazerCohen #TradedVC

James Murdoch’s investment firm Lupa Systems has agreed to acquire New York magazine, Vox, and the Vox Media Podcast Network from Vox Media in a deal valued at about $300 million, according to the companies. The transaction splits Vox Media into two standalone businesses, with the acquired titles — including The Cut, Vulture, Intelligencer, The Strategist, Curbed, and Grub Street — continuing under the Vox Media name led by CEO Jim Bankoff, while the remaining portfolio including The Verge, Eater, SB Nation, Popsugar, and The Dodo will be spun out under CEO Ryan Pauley. The deal, expected to close in four to six weeks, marks Lupa Systems’ largest media move to date and further expands its footprint in journalism and digital media. SALE PRICE: $300,000,000 HQ: New York, New York #VentureCapital #LupaSystems #VoxMedia #TradedVC

Mercury raised a $200M Series D at a $5.2B valuation, led by TCV with participation from Sequoia Capital, Andreessen Horowitz, Coatue Management, CRV, Sapphire Ventures, and Spark Capital. The company said it is profitable and has been for four years, with $650M in annualized revenue in Q3 last year, and noted accelerating demand as applications rose 2.5x in Q1 2026 versus Q1 2025. Mercury framed the raise as fueling expansion of its business banking platform and new AI-driven tools, including “Mercury Command,” which aims to let users execute end-to-end financial tasks through natural language instead of manual workflows. The company positioned the round as a bet on a wave of new business formation driven by AI, as it scales beyond traditional banking tools into an operating system for startups. FOUNDERS: Immad Akhund, Max Tagher & Jason Zhang INVESTORS: TCV, Sequoia Capital, Andreessen Horowitz, Coatue Management, CRV, Sapphire Ventures & Spark Capital ROUND: Series D AMOUNT: $200,000,000 VALUATION: $5,200,000,000 HQ: San Francisco, California #VentureCapital #Mercury #ImmadAkhund #MaxTagher #JasonZhang TradedVC

Clouted, an AI-powered “Virality Engine” for consumer and entertainment brands, has raised a $7 million seed round led by Slow Ventures, with participation from Gold House Ventures, Weekend Fund, LINE-Yahoo’s Z VC, Gondor Capital, Iterative, AppWorks, Peak XV’s Surge, and a16z Speedrun. Alongside the financing, the company launched its Distribution Intelligence platform, which uses AI agents to autonomously plan, execute, and optimize marketing campaigns across channels including TikTok, Instagram, YouTube, and X. CEO and co-founder Justin Gorriceta-Banusing said the platform was built to solve the distribution challenges he experienced firsthand as a DJ and festival producer, while COO and co-founder Adriel Yong described the company’s core advantage as a system that compounds intelligence with every campaign. Based in Los Angeles, Clouted says it has generated more than 1 billion views since October 2025 and executed over 250 campaigns across entertainment, gaming, music, and consumer brands. FOUNDERS: Justin Gorriceta-Banusing & Adriel Yong INVESTORS: Slow Ventures, Gold House Ventures, Weekend Fund, LINE-Yahoo’s Z VC, Gondor Capital, Iterative, AppWorks, Peak XV Partners, Andreessen Horowitz (a16z), Antler & Hustle Fund ROUND: Seed AMOUNT: $7,000,000 HQ: Los Angeles, California #VentureCapital #Clouted #JustinGorricetaBanusing #AdrielYong #TradedVC

Commure, a Mountain View-based AI healthcare platform provider, raised $70M in funding at a $7B post-money valuation in a round led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. Led by CEO Tanay Tandon, the company will use the capital to expand operations and accelerate product development as it scales its AI infrastructure for health systems, including ambient workflows, agentic AI, and revenue cycle automation. Commure’s platform is currently used by more than 500 healthcare organizations across 3,000+ sites of care and integrates with 60+ EHR systems. FOUNDERS: Tanay Tandon & Deepika Bodapati INVESTORS: General Catalyst, Sequoia Capital, Morgan Stanley, Kirkland & Ellis AMOUNT: $70,000,000 VALUATION: $7,800,000,000 HQ: Mountain View, California #VentureCapital #Commure #TanayTandon #DeepikaBodapati #TradedVC