Channel: Startups & Ventures
Tadaweb, the Luxembourg-based open-source intelligence (OSINT) startup, has raised $20M in growth funding from Arsenal Growth, Forgepoint Capital, and Wendel. The platform helps security and intelligence teams rapidly turn public data into actionable insights—focusing on accuracy over volume.
• Extracts high-value “small data” from open sources to reduce analyst workload
• Fully auditable: users see what data was used, when, and how
• Trusted by national security, cyber, and enterprise users across Europe and the U.S.
• ~120 employees with 30% revenue growth last year
• Total funding now $40M after an earlier round in 2023
• Used by defense, law enforcement, and threat intel teams in mission-critical environments
• Founded in Luxembourg with a growing U.S. and UK footprint
• Arsenal Growth’s Jason Rottenberg and Forgepoint’s Damien Henault join the board
• New funds will go to hiring, product development, and international go-to-market
Tadaweb is redefining open-source intelligence by making it faster, more precise, and more accountable—exactly what modern security teams need.
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Snowcap Compute has raised $23M in seed funding to build superconducting chips that could dramatically outperform today’s silicon-based AI hardware. The round was led by Playground Global, with participation from Cambium Capital and Vsquared Ventures. Their goal: solve AI’s growing power problem with a fundamentally different architecture.
• Uses niobium titanium nitride to enable near-zero resistance at cryogenic temps
• Promises up to 25× better performance per watt vs. current AI chips
• Designed to work in tandem with industrial cooling systems for total energy savings
📈 Early momentum and heavyweight backers
• Led by former Cadence executive Michael Lafferty, with PhDs from Northrop and Imec
• Backed by Pat Gelsinger (former Intel CEO), now a GP at Playground
• First chip expected in 2026, with system builds to follow
• Targets hyperscale data centers strained by Nvidia-powered compute demand
• Compatible with 300mm fabs—easing future manufacturing scale
• Materials sourced from Brazil and Canada to support global supply chain
Snowcap isn’t chasing incremental gains—it’s betting on a new paradigm where superconductors make AI compute radically faster and cleaner.
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Harvey, the AI startup transforming legal workflows, has raised a $300M Series E co-led by Kleiner Perkins and Coatue, with participation from Sequoia, OpenAI Startup Fund, DST, and others. The round doubles its valuation to $5B, reinforcing its lead as the go-to AI platform for legal professionals.
• Offers tools like Assistant, Workflows, Vault, and Knowledge for research, drafting, and document review
• Built on top of models from OpenAI, Anthropic, and Google
• Used by top global law firms and in-house legal departments to cut hours of manual work
• Run-rate revenue surged from $50M to $75M in just one quarter
• Headcount at ~340, with plans to double over the next 12 months
• Serves over 330 enterprise clients in law, corporate, and regulatory environments
• Now integrating legal research via LexisNexis and REV for deeper domain expertise
• Plans to expand product suite into accounting, tax, and compliance workflows
• New capital to fuel R&D, hiring, and global expansion
Harvey is quietly becoming the AI operating system for professional services—starting with law, but scaling far beyond it.
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Atlanta-based Qualytics has raised a $10M Series A led by BMW i Ventures to scale its platform for augmented data quality. The startup helps enterprises monitor, validate, and trust their data in real time—automatically and at scale.
• Auto-generates thousands of quality rules across source systems, warehouses, and lakehouses
• Low-code workflows and anomaly detection help teams catch issues early
• Designed to empower both business users and data engineers with continuous observability
• 5× revenue growth over the past year, with wins in financial services and healthcare
• Oversubscribed round with participation from Conductive Ventures, The Hill Fund, and others
• Trusted by companies that rely on real-time, high-integrity data pipelines
• Founded by Gorkem Sevinc and Eric Simmerman with deep roots in data infrastructure
• Funds will go toward scaling engineering, accelerating onboarding, and expanding enterprise go-to-market
• Positioned as a foundational layer for AI workflows and governed analytics
As businesses rush to adopt AI, Qualytics is tackling the invisible risk: dirty data. Their platform ensures the insights you build are only as good as the data behind them.
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Pangram, an AI startup founded by former Tesla and Google engineers, has raised a $4M seed round to detect AI-generated content. The company’s active learning model outperforms traditional detectors like Turnitin and is already being used by Quora and NewsGuard.
• Uses a feedback loop to generate hard-to-classify examples for training
• Built on open-source models, offering better performance at lower cost
• Research shows a 38x error reduction vs. standard detection tools
• Clients include Quora and media verification firm NewsGuard
• Subscription pricing for individuals, pros, and developers (starts at $15/month)
• Raised from ScOp, Script Capital, Cadenza, Haystack VC, and others
• Founded by Bradley Emi and Max Spero, Stanford grads with stints at Tesla and Google
• Currently 8 engineers, aiming to grow post-funding
• Plans to expand beyond enterprise into consumer tools for AI integrity
As AI content floods the internet, Pangram wants to be the backbone of trust—quietly verifying what’s real and what’s synthetic.
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Abridge, a Pittsburgh- and San Francisco-based startup, has raised a $300M Series E led by Andreessen Horowitz to scale its AI that turns medical conversations into structured documentation. Now valued at $5.3B, Abridge aims to eliminate clinician burnout by automating the most tedious part of healthcare: note-taking.
• Transcribes and summarizes clinician–patient conversations using ambient AI
• Extracts structured data like ICD-10 and HCC codes at the point of care
• Integrated with EHRs like Epic to support billing, referrals, and medical orders
• Deployed in 150+ systems, processing over 50M conversations annually
• Covers 55 specialties and 28 languages; >90% clinician retention after onboarding
• Reduces documentation time by 60–70% across clinical workflows
• Founded by cardiologist Dr. Shiv Rao and backed by top-tier VCs including Khosla Ventures
• Now over 100 employees across engineering and clinical operations
• Expanding into inpatient settings and deeper EHR integrations post-funding
As hospitals face soaring admin costs and clinician burnout, Abridge is betting that listening—then writing—can be the most valuable AI skill in medicine.
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Kalshi, the AI-powered prediction market platform, has raised a $185M Series C round led by Paradigm, with backing from Sequoia, Citadel’s Peng Zhao, Bond Capital, Multicoin, and Neo. The round pushes Kalshi’s valuation to $2B as it accelerates its mission to make event forecasting a mainstream financial instrument.
• Offers tradable contracts on events like elections, inflation, Fed decisions, and weather
• Fully regulated by the CFTC — a key differentiator from crypto-native prediction markets
• Targets individuals and institutions looking to hedge or profit from macro volatility
• Saw massive traction during U.S. midterms and 2024 election run-up
• Positioned as a data-rich alternative to polls and analyst forecasts
• Riding a wave of renewed interest in predictive markets, alongside players like Polymarket
• Founded by MIT alums Tarek Mansour and Luana Lopes Lara in 2018
• Recently won a major court battle vs. the CFTC to enable political event trading
• Paradigm’s backing signals confidence in Kalshi’s long-term regulatory defensibility
Prediction markets are evolving into serious financial infrastructure—and Kalshi is building the rails for institutional-grade forecasting.
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OpenRouter, the one-stop routing layer for large language models, has raised a $40M combined Seed and Series A round led by Andreessen Horowitz and Menlo Ventures, with backing from Sequoia and prominent angels. Now valued at $500M, OpenRouter is emerging as core infrastructure for multi-model AI development.
• Connects to models from OpenAI, Anthropic, Mistral, Google, Meta, and more via a single API
• Automatically routes requests based on latency, cost, or performance preferences
• Offers transparent pricing and usage tracking across providers with just a 5% platform fee
• $100M+ inference run rate as of May 2025 — up 10× since October
• Over 1M developers using the platform, handling trillions of tokens weekly
• Runs on 50+ cloud hosts with edge latency as low as 25ms
• Integrates with Zapier, VS Code, Cloudflare, PostHog, and more
• Partnered early with OpenAI for GPT-4.1 rollout and usage insights
• Offers enterprise-ready tools for routing, analytics, and failover protection
As the AI stack fragments, OpenRouter is stitching it back together—offering developers and enterprises a unified gateway to the future of multi-model AI.
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Execo, a New York-based enterprise AI startup, has raised an undisclosed bridge round led by Unlock Partners to accelerate go-to-market growth and expand profitability. The company builds agentic AI systems for contract and supplier management, and now counts over 100 enterprise clients globally.
• Automates contract lifecycle management and supplier performance workflows
• Focused on risk mitigation, cost reduction, and supply chain resilience
• Combines generative AI with human-in-the-loop design for ROI and compliance
• 500 employees across six countries, including teams in Europe and Asia
• Serving Fortune 500 and mid-market companies in procurement-heavy sectors
• Unlock’s Patrick Cao (ex-Tokopedia President) joins the board to support scaling
• Bridge funding supports GTM acceleration and revenue per employee expansion
• Positioning as “the enterprise-grade AI layer” for procurement operations
• Prioritizing sustainable growth before next institutional raise
Execo’s disciplined, applied approach gives it an edge in turning language models into enterprise utility.
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Clearspeed, the San Diego-based voice analytics startup, has raised a $60M Series D led by Align Private Capital, with participation from IronGate Capital, Bravo Victor, KBW Ventures, and retired General David Petraeus. The company’s AI listens not to what you say, but how you say it — flagging risk across sectors from insurance to defense.
• Analyzes vocal stress, cadence, and hesitation in 60+ languages — without using speech content
• Classifies high- vs low-risk individuals in real time for claims, security, or fraud workflows
• Delivered as a lightweight API that integrates into existing calls and systems
• Trusted by U.S. military, insurers, banks, and government agencies
• Customers report 30× ROI, 2× faster claims decisions, and 40% more instant payouts
• Now active in over a dozen markets with growing demand in the UK, Middle East, and LatAm
• Originally built for defense vetting, now expanding to enterprise security and customer screening
• Align’s Anna Nekoranec joins the board; Petraeus calls it “outsized value” for vetting and ops
• Plans to double headcount, enhance real-time speed, and deepen commercial integrations
As AI moves beyond text, Clearspeed is turning voice into a trusted signal — helping organizations assess risk in seconds, not days.
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Digital Asset, the New York–based blockchain infrastructure firm, has raised $135M in a fresh funding round backed by Goldman Sachs, Citadel Securities, BNP Paribas, Virtu, and DTCC. The round was led by Tradeweb and DRW’s VC arm to accelerate adoption of the Canton Network, a privacy-preserving blockchain for regulated finance.
• Canton enables atomic settlement and tokenization of assets like bonds, repos, and funds
• Built for compliance and privacy — unlike public chains — using Digital Asset’s Daml smart contract language
• Positioned as a “network of networks” for interoperable, institutional finance
• Live since 2024, Canton supports trillions in tokenized assets across finance and trading
• Used by Tier 1 players including Goldman, Deutsche Börse, DTCC, and now Citadel
• Designed to allow asset managers, custodians, and banks to build compliant blockchain applications
• Digital Asset CEO Yuval Rooz says the raise “cements blockchain’s transformative promise”
• New funding to onboard more financial institutions and asset classes
• Strategic push as Wall Street shifts from blockchain pilots to production-scale adoption
Digital Asset is quietly becoming the plumbing layer for the next generation of financial markets.
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Senra Systems, a Redondo Beach–based startup founded by ex-SpaceX engineers, has raised a $25M Series A to modernize wire harness design and manufacturing. The round was led by CIV (founded by Figma’s Dylan Field) with backing from General Catalyst, Sequoia, Founders Fund, a16z, 8VC, and others.
• “Amp” is Senra’s custom design platform replacing Excel, Visio, and PDFs in complex wiring workflows
• Enables rapid design, simulation, and error detection — built for high-regulation industries
• Paired with Senra’s assembly-as-a-service model to deliver harnesses 3× faster
• Already shipping to customers like Anduril and other defense, aviation, EV, and medical firms
• Automates critical wiring that powers planes, satellites, robots, and medical equipment
• U.S.-based manufacturing in Redondo Beach supports fast, secure turnaround for strategic sectors
• Founders Jordan Black and Ben Shanahan aim to modernize a $350B+ global harness industry
• Funding will expand factory capacity and launch Amp to more enterprise design teams
• Board and backers bring top-tier tech and defense experience to scale adoption
While others chase frontier tech, Senra is quietly modernizing a mission-critical backbone of hardware — and turning wiring into a software-native, on-demand service.
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Xona Space Systems, a Burlingame-based startup reinventing satellite navigation, has raised a $92M Series B after launching Pulsar-0, its first production-class satellite. The round was led by Craft Ventures with participation from Toyota Ventures, Seraphim, NGP Capital, and a $20M strategic award from the U.S. Space Force’s SpaceWERX.
• Pulsar satellites broadcast encrypted signals 100× stronger than GPS — even in cities and indoors
• Delivers centimeter-level accuracy to standard receivers without bulky new hardware
• Designed to resist jamming and spoofing with military-grade authentication
• Pulsar-0 launched May 2025; full constellation planned for 2026–28
• Target customers: defense, autonomous vehicles, logistics, aviation, and finance
• Working with chipset and device makers to enable plug-and-play upgrades for existing systems
• Founded by aerospace engineers with DARPA and GNSS experience
• U.S. Air Force and Space Force backing signals national security alignment
• Craft Ventures’ Sky Dayton joins the board to support commercial expansion
As GPS hits its limits, Xona is building the resilient, high-precision satellite layer modern systems—and geopolitics—will depend on.
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Bonx, a Paris-based startup building ERP software for mid-sized manufacturers, has raised an $8.6M (€7.3M) Seed round to expand across Europe. The round was led by 9900 Capital with backing from Kima Ventures, Dynamo Ventures, Purple, and OSS Ventures.
• Built for mid-market industrial firms overlooked by legacy ERPs
• No-code setup and LLM-based customization enable fast onboarding without consultants
• Covers production, procurement, logistics, and quality—integrates with existing CRM/finance tools
• Early traction in France; now expanding into Italy and Spain
• Targets manufacturers that need flexible digital systems but lack IT teams
• Deployments go live in weeks, not years—key differentiator vs traditional vendors
• CEO Alexandre Barroux built 8 industrial SaaS startups through OSS Ventures
• CTO Rémi Bèges holds a PhD in electronics and has built 3 ERPs from scratch
• Bonx spun out of OSS Ventures, which specializes in industrial startup creation
Europe’s industrial SMEs are hungry for tech that fits them—not the other way around. Bonx is betting that fast, AI-powered ERP is the wedge to win that $100B+ market.
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Gemist, a Los Angeles–based startup transforming how fine jewelry is designed and sold, has raised a $6M seed round to expand its white-labeled SaaS platform. The round was led by Entrada Ventures, with participation from Artemis Fund, Beechwood Capital, and others, bringing its total funding to $9M.
• Photoreal visualization engine lets customers design and preview jewelry in real time
• Covers dynamic pricing, e-commerce, and production management in one platform
• Requires no CAD expertise—jewelers can launch with zero dev effort
• Retailers report 400% faster sales cycles and 300% higher average order values
• Over 14,000 custom pieces are designed weekly across web, mobile, and in-store
• Integrates seamlessly with existing commerce workflows
• CEO Madeline Fraser shifted Gemist from DTC to B2B SaaS in 2022 after seeing broader demand
• Founded out of personal frustration trying to customize a ring online
• Now focused on enabling small and mid-sized jewelers to compete with luxury digital experiences
As jewelry buyers demand personalization and transparency, Gemist is arming retailers with the tools to deliver both—no showroom or 6-week CAD cycle required.
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Levelpath, a San Francisco–based startup modernizing procurement software, has raised a $55M Series B led by Battery Ventures, with continued backing from Benchmark and Redpoint. The company is founded by the creators of Scout RFP (acquired by Workday for $540M) and aims to make enterprise purchasing as smooth as consumer apps.
• Built post-ChatGPT, so generative AI powers workflows from contract review to vendor insights
• Helps users avoid “rogue spend” by automatically surfacing approved, lower-cost alternatives
• Modern UI/UX designed for employees outside procurement—mobile-ready and intuitive
• Customers include Ace Hardware, Amgen, SiriusXM, and Coupang
• Revenue expected to quadruple in 2025
• Competing in a $7.3B+ market alongside Coupa, Ariba, and Zip
• Founders Stan Garber and Alex Yakubovich previously built and sold Scout RFP
• Learned from Workday what legacy systems still couldn’t solve
• Battery’s Neeraj Agrawal—who also backed Coupa—joins the board
Procurement is often the second-largest cost center after payroll—Levelpath wants to make managing it as easy as shopping online.
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Cato Networks, a Tel Aviv–based cybersecurity company offering an all-in-one cloud-native SASE platform, has raised a $359M Series G at a $4.8B valuation. The round was led by Vitruvian Partners and ION Crossover Partners, with continued backing from Lightspeed, Acrew, and Adams Street. Total funding now exceeds $1B as the company gears up for IPO flexibility.
• Combines SD-WAN and security (SASE) into one globally distributed platform
• AI detects threats across access points, users, and traffic without siloed tools
• Replaces dozens of legacy point products—built for hybrid and remote enterprises
• 3,500+ enterprise customers across 150+ countries
• 46% YoY ARR growth in 2024; estimated $250M+ in recurring revenue
• Fresh capital fuels AI upgrades, R&D, and deeper international market penetration
• CEO Shlomo Kramer co-founded Check Point and Imperva—two iconic cybersecurity exits
• Company exploring 2025 IPO but no rush: “we can press the button when the time is right”
• 30% of round (~$120M) set aside for secondary—early employees get liquidity
Cato’s cloud-first, AI-enhanced platform offers enterprises a simplified path to secure, scalable access—and a likely IPO bell-ringer.
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Skynopy, a Paris-based spacetech startup, has raised a €15M (~$16.2M) seed round to expand its hybrid ground station network for satellite operators. The round was led by Alven, with participation from Expansion Ventures, Omnes, Heartcore, and CNES-backed SpaceFounders. Skynopy aims to make connecting satellites to Earth as easy as managing a smartphone.
• API-first platform lets operators book downlink sessions in minutes
• Hybrid model blends Skynopy antennas with integrated partner stations across multiple bands
• Virtualized modems, real-time orchestration, and usage-based pricing eliminate CAPEX headaches
• Enables 20-minute revisit times and 2x more data per satellite pass
• Strategic partners include AWS, Airbus Defense & Space, and Kinéis
• AKAR network roadmap aims for 100+ connected ground stations by 2028
• CEO Pierre Bertrand and CTO Antonin Hirsch previously engineered satellite ops at Loft Orbital
• Frustrated by ground segment bottlenecks, they built Skynopy from the ground up in 2023
• Vision: orbital connectivity as seamless, scalable, and flexible as cloud computing
In a space industry racing toward real-time data, Skynopy is redefining the ground segment as software-first, API-powered, and ready for scale.
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Grammarly, the writing assistant turned AI work platform, has acquired email startup Superhuman in a move to expand beyond grammar and dominate the AI-powered workplace. The deal comes weeks after Grammarly raised $1B from General Catalyst to accelerate its product roadmap and acquisitions.
• Superhuman adds lightning-fast, AI-enhanced email to Grammarly’s productivity suite
• Known for minimalist design, keyboard speed, and productivity coaching
• 5× growth in AI-written messages among users; 72% more emails processed per hour
• Builds on Grammarly’s 2024 acquisition of Coda to unify docs, email, and workflows
• Email is still the #1 workspace surface—professionals spend 3+ hours daily in inboxes
• Superhuman team (100+ people) joins Grammarly; brand and product remain intact
• CEO Rahul Vohra joins Grammarly’s leadership team alongside CEO Shashir Mehrotra
• Targets power users and knowledge workers seeking speed, clarity, and AI-native flow
• Grammarly now spans writing, collaboration, and communication—an AI-powered “OS for work”
• Positioned as a sleek alternative to Microsoft, Google, and Salesforce ecosystems
• Email becomes the control layer for Grammarly’s AI copilots—actionable insights, auto‑drafts, smart scheduling
With Superhuman under its wing, Grammarly is becoming more than a writing tool—it’s evolving into an intelligent command center for the modern knowledge worker.
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Deeto, a New York–based startup helping companies scale customer advocacy with AI, has raised a $12.5M Series A led by Jump Capital, bringing total funding to $17M. The platform automates the capture and delivery of customer proof to accelerate deals, personalize buyer journeys, and boost GTM conversion.
• AI curates customer stories and routes them based on persona, stage, and channel
• Auto-generates proof content and surfaces it across websites, sales decks, and CRMs
• Replaces static testimonials with dynamic, contextual, and scalable social proof
• Integrates with Salesforce, HubSpot, Gong, and other GTM tools for seamless activation
• Used by teams at Dropbox, Atlassian, 6Sense, Klaviyo, and Bloomreach
• Helps sellers and marketers build trust without waiting on case studies
• Removes advocacy bottlenecks—no more wrangling references or creating one-off assets
• CEO Eran Baron leads a team with deep AI, SaaS, and go-to-market expertise
• Funds will scale product, deepen integrations, and grow sales and success teams
• Positioned as the “customer layer” for modern revenue teams in PLG and enterprise motions
Deeto isn’t just collecting testimonials—it’s automating the voice of the customer as a high-conversion GTM asset at every touchpoint.
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