Top 10 Startup and Tech Funding News for the Week Ending June 6, 2025

Nickie Louise Posted On June 6, 2025

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It’s Friday, June 6, 2025—and we’re wrapping up the week with your daily tech funding snapshot, spotlighting where capital is flowing and which startups are gearing up for their next leap.

Today’s lineup features a wide-ranging mix of startups spanning AI infrastructure, biotech, fintech, climate tech, and digital health. From Grammarly’s eye-popping $1 billion growth round to Kargo’s push to modernize supply chain intelligence, this Friday was packed with raises that signal strong investor appetite across verticals.

Standouts include Syndeio Biosciences launching with $90 million to pioneer precision neurotherapeutics, Infisical locking in Series A capital to secure developer environments, and Vima Therapeutics accelerating its oral treatment pipeline for movement disorders. Emerging names like Kiin Bio, Literal Labs, and Stride Green are also drawing early-stage support to tackle big, messy problems—from energy-efficient AI to sustainable asset finance.

Investor Activity

Top VCs and growth investors, including General Catalyst, Atlas Venture, Bain Capital Ventures, Matter Venture Partners, and InfoEdge Ventures, showed up in force. Whether via private placements, public offerings, or traditional seed and Series A rounds, the conviction is clear: back the startups turning ideas into execution.

Below is the full breakdown of every funding deal announced on June 6, 2025—complete with company overviews, investor context, and detailed funding terms.

Kargo Raises $18.4M Series A to Modernize Supply Chain AI

Kargo, a San Francisco–based logistics tech startup, has secured $18.4 million in Series A funding to upgrade its AI-powered freight and inventory management platform. The company provides advanced sensor systems and analytics tools that help warehouse operators and carriers improve visibility and efficiency across the supply chain. With this new round, Kargo aims to expand its product line and scale operations to meet growing demand for industrial automation solutions.

Funding Details:
Startup: Kargo
Investors: Matter Venture Partners (lead), Sozo Ventures, Founders Fund, Lineage, Armada Supply Chain Solutions
Amount Raised: $18.4 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 6, 2025

Oblong Raises $7.5M in Private Placement to Enter AI-Driven Digital Assets

Oblong, a Denver-based technology firm known for its early contributions to gesture-based interfaces, raised $7.5 million via a private placement as it pivots toward AI and digital assets s by accumulating $TAO, the native token of Bittensor—a decentralized intelligence network. The new funding will be used to build a suite of applications that merge AI-driven computation with blockchain for enterprise and creative markets.

The company is backing this shift with targeted software development efforts aimed at advancing the Bittensor ecosystem. With this strategy, Oblong is positioning itself at the forefront of what it calls the next phase of the internet: permissionless intelligence.

Funding Details:
Startup: Oblong, Inc.
Investors: Institutional investors focused on emerging technology (lead)
Amount Raised: $7.5 million
Total Raised: Not disclosed
Funding Stage: Private Placement
Funding Date: June 6, 2025

Infisical Secures $16M Series A to Expand Secret Management Platform

Infisical, a Y Combinator–backed startup that helps developers securely manage API keys and environment variables, has raised $16 million in Series A funding. The San Francisco-based company’s open-source and enterprise tools enable teams to streamline secret storage and access across cloud infrastructure. The new funding will be used to scale the engineering team, expand integrations, and accelerate go-to-market efforts.

Over the past few years, Infisical has gained traction among developers as a simple way to manage sensitive data like API keys, SSH credentials, and certificates across complex systems. It’s now used by teams ranging from fast-growing startups like Hugging Face to large enterprises like LG.

Funding Details:
Startup: Infisical
Investors: Elad Gil (lead), Y Combinator, Gradient Ventures (Google), Dynamic Fund, angel investors (Olivier Pomel, Sanjit Biswas, Antonio Gracias)
Amount Raised: $16 million
Total Raised: Not disclosed
Funding Stage: Series A
Funding Date: June 6, 2025

Vima Therapeutics Launches with $60M Series A for Oral Biotech Therapies

Vima Therapeutics, a biotech spinout from Atlas Venture, debuted with a $60 million Series A round to develop oral medicines targeting underserved therapeutic areas. Based in Cambridge, the company is advancing a proprietary platform to engineer bioavailable therapies for conditions that previously required injections. The new capital will support preclinical development and initial clinical trials.

Funding Details:
Startup: Vima Therapeutics
Investors: Atlas Venture (lead), Access Industries, Canaan
Amount Raised: $60 million
Total Raised: $60 million
Funding Stage: Series A
Funding Date: June 6, 2025

Syndeio Biosciences Raises $90M to Pioneer Precision Neurotherapeutics

Syndeio Biosciences emerged from stealth with $90 million in Series A funding to develop precision medicines for neuropsychiatric conditions. Backed by a mix of biotech VCs and pharmaceutical companies including AbbVie and Eli Lilly, the startup is building a clinical pipeline focused on conditions like depression and PTSD. The financing will fund IND-enabling studies and early clinical trials.

Funding Details:
Startup: Syndeio Biosciences
Investors: Catalio Capital Management, Innoviva, Tenmile Partners, Luson Bioventures, Palo Santo, AbbVie, Lilly
Amount Raised: $90 million
Total Raised: $90 million
Funding Stage: Series A
Funding Date: June 6, 2025

Grammarly Raises $1B Growth Round to Expand AI Writing Platform

Grammarly has raised $1 billion in growth financing from General Catalyst to supercharge its AI-powered writing assistant. The company plans to use the funding to expand enterprise offerings, strengthen its core AI models, and develop new features for content generation and editing across business and education markets.

Funding Details:
Startup: Grammarly
Investors: General Catalyst
Amount Raised: $1,000 million
Total Raised: Not disclosed
Funding Stage: Growth Financing
Funding Date: June 6, 2025

Stride Green Raises $3.5M Seed Round for Climate Fintech Expansion

Stride Green, an Indian climate-tech startup, secured $3.5 million in seed funding to expand its green asset financing platform. The company provides digital lending infrastructure to help individuals and small businesses finance solar panels, EVs, and other sustainability upgrades. The fresh capital will be used to grow the engineering team and scale the platform across India.

Funding Details:
Startup: Stride Green
Investors: Micelio Technology Fund (lead), Incubate Fund Asia
Amount Raised: $3.5 million
Total Raised: $3.5 million
Funding Stage: Seed
Funding Date: June 6, 2025

Aircapture Lands $50M Series A to Scale Direct Air Capture Technology

Aircapture, a California-based climate tech startup, raised $50 million in Series A funding to commercialize its atmospheric CO₂ capture systems. With backing from Ripple co-founder Chris Larsen’s climate foundation, the company plans to build industrial-scale plants and supply captured carbon for synthetic fuels and industrial use.

Funding Details:
Startup: Aircapture
Investors: Lam-Larsen Climate Change Foundation
Amount Raised: $50 million
Total Raised: $50 million
Funding Stage: Series A
Funding Date: June 6, 2025

Literal Labs Raises £4.6M Pre-Seed to Build Logic-Based, Energy-Efficient AI

Literal Labs, a UK-based AI startup, raised £4.6 million (about $6.2M USD) in pre-seed funding to develop logic-based AI systems that require significantly less power than today’s large language models. The Oxford spinout aims to commercialize “symbolic neurosymbolic” models for government, finance, and critical infrastructure.

Funding Details:
Startup: Literal Labs
Investors: Northern Gritstone (lead), Mercuri (co-lead), Sure Valley Ventures, Cambridge Future Tech SPV, angel investors
Amount Raised: £4.6 million (≈ $6.2 million)
Total Raised: Not disclosed
Funding Stage: Pre-seed
Funding Date: June 6, 2025

Obvio Raises $22M Series A for AI-Driven Traffic Safety Cameras

Obvio, a San Carlos-based AI startup, secured $22 million in Series A funding to expand its line of camera systems designed for traffic enforcement at stop signs. The company’s tech uses computer vision to reduce accidents in neighborhoods and school zones. Backing from Bain Capital Ventures will fuel new deployments across municipalities and private property networks.

Funding Details:
Startup: Obvio
Investors: Bain Capital Ventures
Amount Raised: $22 million
Total Raised: $22 million
Funding Stage: Series A
Funding Date: June 6, 2025

QureBio Raises $14M in Series C1 to Advance Antibody Therapies

QureBio, a biotech firm based in Shanghai, raised approximately $14 million in a Series C1 round led by Efung Capital. The company focuses on developing multispecific antibody drugs for autoimmune diseases and cancer. The funding will support ongoing clinical trials and pipeline development.

Funding Details:
Startup: Qure Biotechnology (Shanghai) Co., Ltd.
Investors: Efung Capital (lead)
Amount Raised: CNY 100 million (≈ $14 million)
Total Raised: Not disclosed
Funding Stage: Series C1
Funding Date: June 6, 2025

Kiin Bio Raises €1.9M Pre-Seed for AI-Driven Drug Discovery

Kiin Bio, a London-based startup, raised €1.9 million ($2.2 million USD) in pre-seed funding to build its “Virtual Scientist” platform for drug discovery. The company combines synthetic biology and generative AI to simulate and screen molecules with unprecedented speed and accuracy. The round was led by b2venture.

Funding Details:
Startup: Kiin Bio
Investors: b2venture (lead), HEARTFELT_, rule30, angel investors
Amount Raised: €1.9 million (≈ $2.2 million)
Total Raised: €1.9 million
Funding Stage: Pre-seed
Funding Date: June 6, 2025

BitMine Raises $18M in Public Offering to Expand Immersion Bitcoin Mining

BitMine Immersion Technologies announced an $18 million offering on the NYSE American exchange to expand its immersion cooling–based crypto mining infrastructure. The Texas company will use proceeds to scale data center capacity and pursue energy partnerships to improve mining efficiency and sustainability.

Funding Details:
Startup: BitMine Immersion Technologies, Inc.
Investors: Public market investors (NYSE American offering)
Amount Raised: $18 million
Total Raised: Not disclosed
Funding Stage: Public Offering
Funding Date: June 6, 2025

Decentro Raises $3.6M Series B to Power Fintech APIs in India

Indian fintech infrastructure provider Decentro raised $3.6 million in a Series B round led by InfoEdge Ventures. The startup helps companies embed banking, KYC, payments, and lending into their products via a unified API stack. The funding will help Decentro strengthen compliance and scale operations across South Asia.

Funding Details:
Startup: Decentro
Investors: InfoEdge Ventures (lead)
Amount Raised: ₹30 crore (≈ $3.6 million)
Total Raised: ₹30 crore
Funding Stage: Series B
Funding Date: June 6, 2025

Biopeak Raises $3.5M Seed to Expand Longevity Wellness Platform

Biopeak, a healthtech startup focused on extending healthy lifespan, raised $3.5 million in seed funding from Indian investor Claypond Capital, Rainmatter, and angel backers. The company offers personalized diagnostics, supplements, and coaching programs based on longevity science. The funding will go toward tech upgrades and expanding its user base.

Founded in 2024 by Pardal and Shiva Subramanian, Biopeak delivers personalized health services through its own clinic network. The startup blends molecular diagnostics, high-resolution imaging, and non-invasive testing to detect early physiological changes. Its first clinic opened in Bengaluru in March 2025.

Funding Details:
Startup: Biopeak
Investors: Claypond Capital (lead), Prashanth Prakash, Rainmatter
Amount Raised: $3.0 million
Total Raised: $3.0 million
Funding Stage: Seed
Funding Date: June 6, 2025

Funding Summary Table

Startup	Investors (Lead and Notable)	Amount Raised	Total Raised	Funding Stage	Funding Date
Kargo	Matter Venture Partners (lead); Sozo Ventures; Founders Fund; Lineage; Armada Supply Chain Solutions	$18.4M	Not disclosed	Series A (investment round)	June 6, 2025
Oblong, Inc.	Institutional tech-focused investors (lead)	$7.5M	Not disclosed	Private Placement	June 6, 2025
Infisical	Elad Gil (lead); Y Combinator; Gradient Ventures; Dynamic Fund; angel investors (Olivier Pomel, Sanjit Biswas, Antonio Gracias)	$16M	Not disclosed	Series A	June 6, 2025
Vima Therapeutics	Atlas Venture (lead); Access Industries; Canaan	$60M	$60M	Series A	June 6, 2025
Syndeio Biosciences	Catalio Capital; Innoviva; Tenmile Partners; Luson Bioventures; Palo Santo; AbbVie; Lilly	$90M	$90M	Series A (launch funding)	June 6, 2025
Grammarly	General Catalyst	$1,000M	Not disclosed	Growth Financing (revenue-based)	June 6, 2025
Stride Green	Micelio Technology Fund; Incubate Fund Asia	$3.5M	$3.5M	Seed	June 6, 2025
Aircapture	Lam-Larsen Climate Change Foundation	$50M	$50M	Series A	June 6, 2025
Literal Labs	Northern Gritstone, Mercuri, Sure Valley Ventures, Cambridge Future Tech SPV, angel investors	£4.6M (≈$6.2M)	Not disclosed	Pre-seed	June 6, 2025
Obvio	Bain Capital Ventures	$22M	$22M	Series A	June 6, 2025
QureBio	Efung Capital	CNY 100M (≈$14M)	Not disclosed	Series C1	June 6, 2025
Kiin Bio	b2venture; HEARTFELT_; rule30; angel investors	€1.9M (≈$2.2M)	€1.9M	Pre-seed	June 6, 2025
BitMine Immersion Technologies, Inc.	Public market investors (NYSE American)	$18M	Not disclosed	Public Offering	June 6, 2025
Decentro	InfoEdge Ventures	₹30 crore (≈$3.6M)	₹30 crore	Series B	June 6, 2025
Biopeak	Claypond Capital, Prashanth Prakash, Rainmatter	$3M	$3M	Seed

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Top 10 Startup and Tech Funding News for the Week Ending June 6, 2025

Investor Activity

Kargo Raises $18.4M Series A to Modernize Supply Chain AI

Oblong Raises $7.5M in Private Placement to Enter AI-Driven Digital Assets

Infisical Secures $16M Series A to Expand Secret Management Platform

Vima Therapeutics Launches with $60M Series A for Oral Biotech Therapies

Syndeio Biosciences Raises $90M to Pioneer Precision Neurotherapeutics

Grammarly Raises $1B Growth Round to Expand AI Writing Platform

Stride Green Raises $3.5M Seed Round for Climate Fintech Expansion

Aircapture Lands $50M Series A to Scale Direct Air Capture Technology

Literal Labs Raises £4.6M Pre-Seed to Build Logic-Based, Energy-Efficient AI

Obvio Raises $22M Series A for AI-Driven Traffic Safety Cameras

QureBio Raises $14M in Series C1 to Advance Antibody Therapies

Kiin Bio Raises €1.9M Pre-Seed for AI-Driven Drug Discovery

BitMine Raises $18M in Public Offering to Expand Immersion Bitcoin Mining

Decentro Raises $3.6M Series B to Power Fintech APIs in India

Biopeak Raises $3.5M Seed to Expand Longevity Wellness Platform

Funding Summary Table

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Top 10 Startup and Tech Funding News for the Week Ending June 6, 2025