Top 10 Startup and Tech Funding News – June 10, 2025
Nickie Louise
Posted On June 10, 2025
It’s Tuesday, June 10, 2025. Hope your week is off to a strong start. We’re back with your daily tech funding roundup, though today’s edition is a bit lighter than usual, with just five notable deals on the board.
That said, the capital is still flowing into some compelling verticals: AI enterprise tooling, developer productivity, Web3 security, and modern operations for hospitality. From Glean’s $150 million round to scale its AI workplace assistant to Laurel’s $100 million push to dominate time intelligence, today’s activity may be selective, but it’s anything but quiet. Today’s raises span both fast-scaling SaaS leaders and precision-focused vertical platforms.
Funding Highlights
Glean led the day with a $150 million Series F that pushes its valuation to $7.2 billion, signaling strong investor conviction in the future of AI-powered enterprise tools. Laurel followed with $100 million to automate time tracking for professional services, while Linear secured $82 million to expand its fast-growing developer project management platform. Hypernative raised $40 million to protect over $100 billion in crypto assets from real-time threats, and Amsterdam-based Tebi locked in $34 million to digitize the restaurant back office.
Investor Activity
Top global investors were active across the board. Wellington Management, Accel, CapitalG, Sequoia, and GV all made appearances, backing both scale-stage AI players and vertical SaaS challengers. The geographic footprint was equally diverse, with major rounds landing across the U.S., Europe, and Israel—reinforcing a broad appetite for smart, resilient tech across continents.
From enterprise AI and developer workflow tools to cybersecurity and hospitality tech, today’s activity reflects a funding environment leaning into operational efficiency, automation, and AI-native systems.
Here’s the full breakdown of the 5 funding deals we tracked today, complete with investor details, startup focus, and key funding data.
Linear Secures $82M to Expand Developer Productivity Platform at $1.25B Valuation
San Francisco-based startup Linear has raised $82 million in fresh Series C funding to expand its minimalist project management platform for software developers. The round values the company at $1.25 billion and marks a significant milestone for the fast-growing startup, which now serves over 15,000 teams including OpenAI and Vercel.
The new funding will fuel Linear’s push into larger enterprise accounts and help scale its engineering-centric features as it seeks to position itself as a high-speed, developer-first alternative to incumbents like Jira. The company plans to invest heavily in AI capabilities and product refinement.
Funding Details:
-
Startup: Linear (San Francisco, USA – developer project management platform)
-
Investors: Accel (lead); 01A; Sequoia Capital; Seven Seven Six; Designer Fund
-
Amount Raised: $82 million
-
Total Raised: $134.2 million
-
Funding Stage: Series C
-
Funding Date: June 10, 2025
Glean Raises $150M to Scale AI Workplace Assistant at $7.2B Valuation
Enterprise AI startup Glean has secured $150 million in Series F funding to scale its AI-powered workplace assistant platform, reaching a valuation of $7.2 billion. The Palo Alto-based company helps employees instantly search internal documents and apps, and recently launched tools for building custom AI agents.
The funding round follows Glean’s rapid customer adoption across 800+ enterprises and its surpassing of $100 million in ARR. Glean will use the capital to accelerate product development and further its mission of transforming enterprise knowledge access through generative AI.
Funding Details:
-
Startup: Glean (Palo Alto, USA – enterprise AI search and assistant platform)
-
Investors: Wellington Management (lead); Khosla Ventures; Altimeter; General Catalyst; Sapphire Ventures; Sequoia Capital
-
Amount Raised: $150 million
-
Total Raised: ~$770 million
-
Funding Stage: Series F
-
Funding Date: June 10, 2025
Laurel Secures $100M for AI Time Intelligence Platform for Professional Services
Laurel, an AI startup building automatic timekeeping tools for professionals, has raised $100 million in Series C funding to power its next phase of growth. Previously known as Time by Ping, the company’s platform turns daily work activity into structured time data, helping law firms and accountants understand time allocation at scale.
The funding will allow Laurel to broaden its use cases, scale enterprise partnerships, and strengthen its position in the emerging “time intelligence” space, where productivity data intersects with billing and outcomes.
Funding Details:
-
Startup: Laurel (San Francisco, USA – AI-powered time tracking and analytics)
-
Investors: IVP (lead); GV (Google Ventures); 01 Advisors
-
Amount Raised: $100 million
-
Total Raised: ~$155 million
-
Funding Stage: Series C
-
Funding Date: June 10, 2025
Tebi Raises $34M to Bring Modern Operations Stack to Restaurants and Bars
Tebi, a cloud-based platform for hospitality operators, has raised $34 million in Series B funding led by CapitalG. The Amsterdam-based startup, founded by Adyen co-founder Arnout Schuijff, offers software to unify payments, inventory, reservations, and staff management for restaurants and cafes.
The funding comes as Tebi plans to expand into the UK and other European markets. The company will also double its team size and enhance its AI tooling as it aims to digitize the operational backbone of small and mid-sized hospitality businesses.
Funding Details:
-
Startup: Tebi (Amsterdam, Netherlands – hospitality operations and payments platform)
-
Investors: CapitalG (lead); Index Ventures
-
Amount Raised: $34 million (€30M)
-
Total Raised: ~$64 million
-
Funding Stage: Series B
-
Funding Date: June 10, 2025
Hypernative Snags $40M to Expand Real-Time Web3 Security Platform
Hypernative, a Tel Aviv-based cybersecurity startup protecting crypto and DeFi platforms, has raised $40 million in Series B funding. The round was co-led by Ten Eleven Ventures and Ballistic Ventures, as the company aims to expand its real-time threat detection and prevention capabilities.
Hypernative uses AI and on-chain data to identify potential exploits and fraud before they occur, protecting over $100 billion in assets. The new funds will help the company launch new fraud prevention tools and grow its team to meet rising demand from exchanges and protocols.
Funding Details:
-
Startup: Hypernative (Tel Aviv, Israel – Web3 and crypto security platform)
-
Investors: Ten Eleven Ventures (co-lead); Ballistic Ventures (co-lead); StepStone Group; boldstart ventures; IBI Tech Fund
-
Amount Raised: $40 million
-
Total Raised: ~$65 million
-
Funding Stage: Series B
-
Funding Date: June 10, 2025
Funding Summary Table
| Startup | Investors (Lead and notable) | Amount Raised | Total Raised | Funding Stage | Funding Date |
|---|---|---|---|---|---|
| Linear | Accel (lead); 01A; Sequoia; Seven Seven Six; Designer Fund | $82M | $134.2M | Series C | June 10, 2025 |
| Glean | Wellington Management (lead); Khosla Ventures; Altimeter; General Catalyst; Sapphire Ventures; Sequoia Capital | $150M | ~$770M | Series F | June 10, 2025 |
| Laurel | IVP (lead); GV; 01 Advisors | $100M | ~$155M | Series C | June 10, 2025 |
| Tebi | CapitalG (lead); Index Ventures | $34M | ~$64M | Series B | June 10, 2025 |
| Hypernative | Ten Eleven Ventures (co-lead); Ballistic Ventures (co-lead); StepStone, boldstart, IBI Tech Fund | $40M | ~$65M | Series B | June 10, 2025 |
🚀 Want Your Story Featured?
Get in front of thousands of founders, investors, PE firms, tech executives, decision makers, and tech readers by submitting your story to TechStartups.com.
Get Featured
