Top Startup and Tech Funding News Roundup – Week Ending August 15, 2025
Nickie Louise
Posted On August 15, 2025
It’s Friday, August 15, 2025, and we’re back with the top startup and tech funding stories that shaped the week. From billion-dollar debt financings and nine-figure biotech rounds to stealth AI ventures breaking cover with ambitious plans, this edition is loaded with deals that show investors are still willing to write big checks for transformative technology.
This week’s coverage spans Monday, August 11, through Friday, August 15, 2025, and the funding activity cuts across every stage, sector, and geography. In just five days, we saw landmark raises in AI, fintech, healthtech, climate tech, and deep tech — with founders pushing the boundaries in fields from enterprise AI agents and rare-earth magnet manufacturing to longevity biotech and quantum-secure communications.
Funding Highlights
Cohere led the pack with a massive $500 million round at a $6.8 billion valuation to cement its position in the enterprise AI arms race, while IntraFi secured a staggering $2 billion in debt financing to strengthen its U.S. fintech deposit network. Healthtech was another standout: SetPoint Medical pulled in $140 million to launch its neuroimmune arthritis therapy, Reprieve Cardiovascular raised $61 million for its heart-failure device, and Fountain Life added $18 million to expand its longevity screening centers. Climate tech also made waves, with Equatic bringing in $11.6 million to scale ocean-based carbon removal and Helical Fusion landing $15 million to advance its stellarator-based fusion reactor.
On the AI front, investors poured capital into infrastructure and agent-driven automation. Sola emerged from stealth with $21 million for enterprise AI “virtual employees,” Tavily raised $25 million to power an “Internet of Agents,” and stealth-mode venture “Parallel,” led by ex-Twitter CEO Parag Agrawal, banked $30 million for AI agent infrastructure. Fintech had a global showing, with Truemeds in India closing $85 million, Onerway in London raising $10 million to grow cross-border payments, and Miami’s Transak securing $16 million to expand stablecoin payment rails.
Investor Activity
Blue-chip firms and strategic giants dominated the week’s cap tables. Sequoia Capital, Andreessen Horowitz, Northzone, and Radical Ventures took notable lead roles, while corporate backers like Nvidia, Tether, AMD, Salesforce Ventures, and Abbott Labs placed strategic bets. The participation of specialized funds — from climate-focused C3H and Kibo Invest to sports-centric Courtside Ventures — underscored how investor interest is spanning both cutting-edge tech and niche verticals.
Here’s the full breakdown. Until next week, have a great weekend.
SetPoint Medical Raises $140M in Funding to Launch Neuroimmune Therapy for Arthritis
SetPoint Medical, a California-based medical device startup, has secured $140 million in new financing to bring its breakthrough rheumatoid arthritis therapy to U.S. patients. The raise includes a $115 million Series D round – co-led by new health-focused backers – plus a $25 million extension of its prior Series C. SetPoint’s FDA-approved vagus nerve stimulation system offers a drug-free treatment for RA by modulating the immune response, an alternative to traditional immunosuppressive drugs.
This hefty capital infusion will fund SetPoint’s commercial launch and help expand its pipeline to other autoimmune conditions. The round adds several strategic healthcare investors to SetPoint’s syndicate, underscoring strong confidence in the startup’s potential to transform autoimmune disease management.
Funding Details:
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Startup: SetPoint Medical (Valencia, CA – bioelectronic medicine)
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Investors: Elevage Medical Technologies (co-lead), Ally Bridge Group (co-lead), with new investors including Northwell Health and SPRIG Equity; returning backers such as NEA, Viking Global, and Abbott Labs
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Amount Raised: $140 million (Series D + C extension)
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Total Raised: Not disclosed (multiple prior rounds)
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Funding Stage: Series D (with additional Series C tranche)
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Funding Date: August 11, 2025
IntraFi Raises $2B in Debt Deal to Bolster FinTech Liquidity
IntraFi, a Washington D.C.-based fintech known for its bank deposit network, has raised $2 billion through debt financing to strengthen its liquidity platform. The leveraged loan transaction was arranged by a consortium of major Wall Street banks led by Morgan Stanley. This sizable capital injection will allow IntraFi to refinance debt and return capital to its private equity shareholders, while positioning the company to expand services that help banks manage deposits and fund loans more efficiently.
The deal – notable for involving traditional banks over private credit lenders – signals strong institutional support for IntraFi’s model of connecting financial institutions to optimize liquidity. With fresh funding in hand, IntraFi aims to further solidify its role in the U.S. banking system as a go-to network for safe deposit growth and lending capacity.
Funding Details:
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Startup: IntraFi (Washington, D.C. – fintech deposit network)
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Investors: Morgan Stanley (lead arranger) and a syndicate of large U.S. banks providing the debt financing
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Amount Raised: $2 billion (leveraged loan)
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Total Raised: Not disclosed (debt financing)
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Funding Stage: Debt financing (leveraged loan)
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Funding Date: August 11, 2025
Truemeds Raises $85M in Series C Funding to Expand Affordable Healthcare in India
Truemeds, a Mumbai-based digital healthcare startup, has raised $85 million in Series C funding to accelerate its push into India’s smaller cities and towns. The round was completed in two tranches: an initial closing led by Accel, followed by a second tranche led by Peak XV Partners (formerly Sequoia India). Existing investors WestBridge Capital and Info Edge Ventures also participated, bringing Truemeds’ total funding to roughly $113 million to date.
Founded in 2019, Truemeds operates an e-pharmacy and telehealth platform that helps patients save on prescription costs by switching to vetted generic medicines. With this new capital, the company plans to triple its geographic reach by opening additional fulfillment centers, hiring engineering talent, and establishing a tech hub in Bengaluru. Truemeds’ valuation has reportedly quadrupled since its last round, reflecting investor optimism in its affordable healthcare model targeting India’s masses.
Funding Details:
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Startup: Truemeds (Mumbai, India – online pharmacy and telehealth)
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Investors: Accel (lead, first tranche), Peak XV Partners (lead, second tranche); supported by WestBridge Capital and Info Edge Ventures
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Amount Raised: $85 million
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Total Raised: ~$113 million
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Funding Stage: Series C
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Funding Date: August 11, 2025
Vulcan Elements Lands $65M in Series A Funding to Onshore Rare-Earth Magnets
Vulcan Elements, a North Carolina-based manufacturer of rare-earth magnets, has closed a $65 million Series A round at a $250 million valuation to scale up U.S. production of these critical materials. The funding was led by Altimeter Capital with participation from One Investment Management (headed by ex-SoftBank executive Rajeev Misra), along with several other investors. This marks Vulcan’s first major financing, aimed at jump-starting domestic supply of high-performance neodymium magnets used in electric vehicles, drones, defense systems, and other technologies.
Founded in 2023, Vulcan is building a 21,000-square-foot plant in Durham, NC to reduce American reliance on Chinese rare-earth supply chains. The new capital will accelerate the construction of a facility capable of producing hundreds of tons of magnets annually. Vulcan’s proprietary magnet production process has already drawn support from the U.S. Department of Energy and Department of Defense, highlighting the strategic importance of onshoring rare-earth manufacturing for both innovation and national security.
Funding Details:
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Startup: Vulcan Elements (Durham, NC – rare-earth magnet manufacturing)
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Investors: Altimeter Capital (lead); One Investment Management; 1789 Capital; Ibex Investors; NVP Capital; others
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Amount Raised: $65 million
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Total Raised: $65 million (first institutional round)
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Funding Stage: Series A
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Funding Date: August 11, 2025
Novig Lands $18M in Series A Funding to Shake Up Sports Betting Market
Novig, a New York-based peer-to-peer sports betting startup, has raised $18 million in Series A funding to expand its zero-commission wagering platform. The round was led by Forerunner Ventures, a prominent consumer-tech investor, with follow-on participation from prior backers including Y Combinator, NFX, Perceptive Ventures, and Gaingels. Legendary NFL quarterback Joe Montana also joined as an angel investor via his fund Liquid 2 Ventures.
Launched in late 2024, Novig’s marketplace allows sports bettors to trade wagers directly with each other, eliminating the traditional “vig” (house fee) that sportsbooks charge. The platform, which offers both free-to-play and real-money betting options, has quickly gained traction by promising better odds for users. The fresh capital will help Novig grow its user base and enter new U.S. states as it looks to undercut incumbent bookmakers and modernize the sports betting experience.
Funding Details:
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Startup: Novig (New York, NY – peer-to-peer sports betting platform)
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Investors: Forerunner Ventures (lead); Y Combinator; NFX; Perceptive Ventures; Gaingels; angel investor Joe Montana (via Liquid 2 Ventures)
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Amount Raised: $18 million
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Total Raised: $24.4 million
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Funding Stage: Series A
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Funding Date: August 11, 2025
JEH Aerospace Secures $11M in Series A Funding for Tech-Driven Manufacturing
JEH Aerospace, an Atlanta- and Hyderabad-based aerospace manufacturing startup, has raised $11 million in a Series A round to ramp up its high-tech production of aircraft components. The investment was led by Elevation Capital, which was drawn to JEH’s fusion of advanced software automation with deep manufacturing know-how. Co-founders Vishal R. Sanghavi and Venkatesh Mudragalla – who previously ran Lockheed Martin’s joint ventures in India – launched JEH in 2022 to help alleviate supply-chain bottlenecks in the aerospace industry.
In just 18 months since its seed funding, JEH Aerospace has built a 60,000-square-foot smart factory in Hyderabad and secured over $100 million in contracts. With the new Series A funds, the company is scouting U.S. locations for a major production facility and aims to set new standards in efficient, end-to-end digital manufacturing of aerospace parts. The backing from Elevation Capital provides additional validation for JEH’s mission to modernize aircraft component fabrication.
Funding Details:
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Startup: JEH Aerospace (Atlanta, GA & Hyderabad, India – aerospace manufacturing automation)
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Investors: Elevation Capital (lead)
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Amount Raised: $11 million
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Total Raised: Not disclosed
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Funding Stage: Series A
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Funding Date: August 11, 2025
Chowdeck Raises $9M in Series A Funding to Scale African Food Delivery
Chowdeck, a Lagos-based food delivery startup, has raised $9 million in Series A funding to accelerate its expansion across Nigeria and Ghana. The round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo Ventures, HoaQ, and others. Notably, Chowdeck has already achieved profitability in Africa’s notoriously challenging food delivery market by focusing on local cuisine and operational efficiency.
The fresh capital will help Chowdeck introduce a rapid e-grocery service, leveraging a network of “dark stores” to enable ultra-fast delivery of groceries and everyday essentials. Founded in 2021, Chowdeck now operates in 11 cities, serving 1.5 million customers with over 20,000 delivery riders. By opening dozens of micro-fulfillment centers and expanding its super-app offerings, the company aims to become Africa’s leading platform for on-demand food and daily necessities.
Funding Details:
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Startup: Chowdeck (Lagos, Nigeria – food delivery platform)
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Investors: Novastar Ventures (lead); Y Combinator; AAIC Investment; Rebel Fund; GFR Fund; Kaleo; HoaQ; others
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Amount Raised: $9 million
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Total Raised: ~$11.5 million (including prior seed funding)
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Funding Stage: Series A
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Funding Date: August 11, 2025
Graas.ai Nets $9M in Funding to Automate E‑Commerce with AI Agents
Graas.ai, an AI-driven data startup for online retail, has raised $9 million in a pre-Series B funding round to advance its “Growth-as-a-Service” platform for e-commerce merchants. The funding was led by Tin Men Capital, with participation from InCred Wealth, Orzon Ventures, and returning investors Integra Partners and Yuj Ventures. Graas (short for “Growth as a Service”) provides an AI platform that helps e-commerce businesses optimize operations – from customer acquisition costs and pricing to inventory management – using autonomous software agents.
With the new capital, Singapore- and India-based Graas.ai is rolling out its Agent Foundry, a proprietary environment for building and deploying AI agents at scale. The goal is to help online retailers boost profitability by automating key decisions and workflows in real time. By addressing critical pain points in e-commerce efficiency, Graas aims to enable more merchants across South and Southeast Asia to grow sustainably in an increasingly competitive digital marketplace.
Funding Details:
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Startup: Graas.ai (Singapore & Bangalore – AI platform for e-commerce optimization)
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Investors: Tin Men Capital (lead); InCred Wealth; Orzon Ventures; Integra Partners; Yuj Ventures
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Amount Raised: $9 million
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Total Raised: ~$49 million
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Funding Stage: Pre-Series B
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Funding Date: August 11, 2025
1Kosmos Secures $57M in Series B Funding to Scale Passwordless ID Platform
1Kosmos, a New Jersey-based cybersecurity startup specializing in identity verification and passwordless authentication, has raised $57 million in Series B funding to accelerate its global expansion. The round was co-led by Forgepoint Capital, with additional investment from Oquirrh Ventures and Origami Capital. The company also secured a $10 million credit line from Bridge Bank as part of the financing, bringing its total funding to $72 million to date.
1Kosmos provides an enterprise platform that verifies user identities through biometrics and blockchain technology, enabling organizations to eliminate passwords while enhancing security. The fresh capital will fuel product enhancements and deeper integration of 1Kosmos’s solution into zero-trust security frameworks, as well as entry into new international markets. With digital identity fraud on the rise, 1Kosmos aims to meet surging demand for more secure and user-friendly authentication across industries.
Funding Details:
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Startup: 1Kosmos (East Brunswick, NJ – passwordless identity management)
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Investors: Forgepoint Capital (lead); Oquirrh Ventures; Origami Capital; plus a $10 M credit facility from Bridge Bank
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Amount Raised: $57 million
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Total Raised: $72 million (including this round)
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Funding Stage: Series B
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Funding Date: August 12, 2025
Gameto Closes $44M in Series C Funding for Next-Gen Reproductive Therapies
Gameto, an Austin-based biotechnology company developing stem cell–derived therapies for women’s reproductive health, has secured $44 million in a Series C funding round to advance its clinical programs. The financing was led by Overwater Ventures and joined by Insight Partners, RA Capital, Two Sigma Ventures, BOLD Capital Partners, Future Ventures, and others, bringing Gameto’s total funding to $127 million.
Gameto’s lead program, dubbed “Fertilo,” is in Phase 3 trials and is reportedly the first induced pluripotent stem cell (iPSC) therapy to reach late-stage development in the U.S. The new funding will allow Gameto to expand its R&D efforts, including additional therapeutics addressing menopause and ovarian health. As one of the pioneers in longevity and fertility biotech, Gameto is aiming to tackle age-related reproductive decline at its root, potentially offering new hope for extending women’s healthspan.
Funding Details:
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Startup: Gameto (Austin, TX – biotech for women’s reproductive health)
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Investors: Overwater Ventures (lead); Insight Partners; RA Capital; Two Sigma Ventures; BOLD Capital; Future Ventures; Ingeborg Investments; others
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Amount Raised: $44 million
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Total Raised: $127 million
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Funding Stage: Series C
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Funding Date: August 12, 2025
Profound Snags $35M in Series B Funding to Boost Brands in AI Search
Profound, a New York City-based startup building a marketing platform for the AI-driven internet, has raised $35 million in Series B funding to help companies increase their visibility in AI-generated search results. The round was led by Sequoia Capital, with participation from Kleiner Perkins, Khosla Ventures, Saga VC, and South Park Commons. The infusion brings Profound’s total funding to $58.5 million and will support accelerated product development and expansion into new markets.
Founded by James Cadwallader (CEO) and team, Profound enables businesses to monitor and optimize how AI assistants and chatbots represent their brand. As AI chat platforms become a “front door” for consumers researching products, Profound’s tools allow companies to influence and improve their portrayal by generative AI models – aiming to drive more “AI referrals” and sales. With the new funding, Profound plans to roll out features like AI content workflow tools and grow its international presence, positioning itself at the forefront of the emerging Generative Engine Optimization space.
Funding Details:
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Startup: Profound (New York, NY – AI-focused marketing and search optimization)
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Investors: Sequoia Capital (lead); Kleiner Perkins; Khosla Ventures; Saga VC; South Park Commons
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Amount Raised: $35 million
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Total Raised: $58.5 million
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Funding Stage: Series B
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Funding Date: August 12, 2025
Jocasta Neuroscience Grabs $35M in Series A Funding for Dementia Protein Therapy
Jocasta Neuroscience, a Scottsdale, Arizona-based biotech startup, has raised $35 million in Series A financing to advance its lead drug candidate targeting dementia. The round was led by True Ventures and included Moore Strategic Ventures, SC8 Investments, Glentura, the Yagan Family Foundation, and others. Jocasta is developing a therapeutic based on the protein alpha-Klotho, which has shown promise in slowing cognitive decline associated with aging.
The new funding will support IND filings and Phase 1 human trials for Jocasta’s lead compound (code-named JN-0413) aimed at treating neurodegenerative conditions. By leveraging alpha-Klotho’s potential longevity benefits, Jocasta hopes to intervene in early-stage dementia and other age-related cognitive disorders. The strong investor syndicate signals growing interest in longevity biotech approaches to address diseases like Alzheimer’s and age-related dementia.
Funding Details:
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Startup: Jocasta Neuroscience (Scottsdale, AZ – preclinical biotech for neurodegeneration)
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Investors: True Ventures (lead); Moore Strategic Ventures; SC8 Investments; Glentura; Yagan Family Foundation; others
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Amount Raised: $35 million
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Total Raised: Not disclosed
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Funding Stage: Series A
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Funding Date: August 12, 2025
GoodShip Hauls in $25M in Series B Funding to Streamline AI-Powered Freight
GoodShip, a Bellevue, Washington-based logistics startup modernizing freight management with AI, has hauled in $25 million in Series B funding to expand its platform for enterprise shippers. The round was led by Greenfield Partners, with participation from Bessemer Venture Partners, FUSE, Chicago Ventures, and Ironspring Ventures. This brings GoodShip’s total funding to over $40 million.
GoodShip’s software helps large companies orchestrate their freight operations by unifying supply chain data and automating processes that traditionally run on spreadsheets. Its AI-driven platform provides real-time visibility into shipments and optimizes procurement across truckload, LTL, and other transport modes. Customers like Tropicana have reported millions in annual savings and sharply reduced late deliveries after adopting GoodShip. With the new capital, the startup will double down on AI features, open a new headquarters in Bellevue, and hire aggressively as it seeks to become the modern operating system for enterprise logistics.
Funding Details:
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Startup: GoodShip (Bellevue, WA – AI-powered freight orchestration platform)
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Investors: Greenfield Partners (lead); Bessemer Venture Partners; FUSE; Chicago Ventures; Ironspring Ventures
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Amount Raised: $25 million
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Total Raised: ~ $40 million
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Funding Stage: Series B
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Funding Date: August 12, 2025
Tavily Secures $25M in Series A Funding to Power Real-Time “Internet of Agents”
Tavily, an AI startup based in New York (with offices in Tel Aviv and Abu Dhabi), has emerged from stealth with $25 million in Series A funding to build what it calls an “Internet of Agents.” The round was co-led by Insight Partners and Alpha Wave Global, underscoring strong international backing. Tavily is developing a real-time search engine and infrastructure for AI agents – software bots that autonomously perform tasks online.
By enabling AI agents to discover and communicate with each other across the web, Tavily aims to create a new layer of connectivity for automated services and applications. The fresh funding (which appears to be the company’s first major raise) will go toward scaling Tavily’s platform and engineering team. As generative AI systems proliferate, Tavily’s technology could become crucial for orchestrating complex workflows between autonomous agents in finance, security, and other domains.
Funding Details:
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Startup: Tavily (New York, NY – AI agent communication platform)
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Investors: Insight Partners (co-lead); Alpha Wave Global (co-lead); other undisclosed investors
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Amount Raised: $25 million
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Total Raised: $25 million
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Funding Stage: Series A
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Funding Date: August 12, 2025
Jump Scores $23M in Series A Funding to Elevate Sports Fan Experience
Jump, a New York-based sports tech startup, has raised $23 million in a Series A round to expand its fan engagement platform for professional sports teams and venues. The investment was led by Seven Seven Six (Alexis Ohanian’s venture fund) and joined by other notable investors such as Courtside Ventures and Forerunner Ventures. Jump’s platform helps teams create interactive, game-like experiences for fans – both in-stadium and via mobile – to boost engagement and loyalty.
Founded by a team of sports and media veterans, Jump has been piloting its technology with several NBA and NHL teams, allowing fans to compete in predictive games, trivia, and other challenges during live events. The new funding will enable Jump to onboard more sports franchises, develop additional features like NFT-based rewards, and scale its operations as it looks to redefine the modern fan experience. Ohanian’s backing and the involvement of sports-focused VCs signal high confidence in Jump’s vision for the future of fan interaction.
Funding Details:
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Startup: Jump (New York, NY – fan engagement platform for sports)
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Investors: Seven Seven Six (lead – Alexis Ohanian’s fund); Courtside Ventures; Forerunner Ventures; others
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Amount Raised: $23 million
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Total Raised: Not disclosed
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Funding Stage: Series A
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Funding Date: August 12, 2025
Datumo Raises $15.5M in Funding to Scale AI Model Evaluation and Safety
Datumo, a Seoul-based AI startup specializing in large-language-model (LLM) evaluation and safety tools, has raised $15.5 million in funding to take on industry leader Scale AI. The round was led by Salesforce Ventures, with participation from Korea’s KB Investment, ACVC Partners, and SBI Investment. Founded in 2018 by a team of KAIST engineers, Datumo started as an AI data labeling service and is now building a no-code platform for testing and validating AI models.
This funding brings Datumo’s total raised to about $28 million and will fuel its expansion into the U.S. and other markets. The company’s platform helps enterprises rigorously assess AI models for accuracy, bias, and safety before deployment – a growing need as companies adopt generative AI at scale. By offering an easier way to audit and fine-tune AI systems, Datumo aims to emerge as a key player in AI quality assurance amid heightened demand for trustworthy AI solutions.
Funding Details:
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Startup: Datumo (Seoul, South Korea – AI model evaluation and safety platform)
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Investors: Salesforce Ventures (lead); KB Investment; ACVC Partners; SBI Investment
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Amount Raised: $15.5 million
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Total Raised: ~$28 million
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Funding Stage: Series A
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Funding Date: August 12, 2025
Mako Nabs $8.5M in Seed Funding to Automate GPU Code Optimization
Mako, a New York City-based AI startup specializing in GPU software, has emerged from stealth with an $8.5 million seed funding round to automate the optimization of GPU code. The round was led by venture firm M13 and included strategic investments from semiconductor leaders AMD and Tenstorrent. Mako is developing an AI-powered system to generate and fine-tune GPU kernel code automatically, helping developers and enterprises get maximum performance out of graphics processors without manual low-level coding.
With the explosion of AI and high-performance computing workloads, optimizing GPU code for speed and efficiency is both critical and complex. Mako’s platform uses machine learning to explore countless code variations and find optimal solutions far faster than humans. The new seed funding will be used to grow the engineering team and accelerate development of Mako’s product, positioning the company to serve customers in industries like gaming, AI research, and cloud computing that rely heavily on GPU acceleration.
Funding Details:
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Startup: Mako (New York, NY – AI for GPU code generation and optimization)
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Investors: M13 (lead); strategic partners AMD and Tenstorrent
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Amount Raised: $8.5 million
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Total Raised: Not disclosed
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Funding Stage: Seed
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Funding Date: August 12, 2025
Inclined Lands $8M in Series B Funding to Democratize Life-Insurance Loans
Inclined, a San Francisco-based fintech startup that lets people borrow against their whole life insurance policies, has raised an $8 million Series B round to grow its platform. The funding was led by HSCM Ventures (Hudson Structured Capital Management), with participation from Northwestern Mutual Future Ventures and other existing investors. This brings Inclined’s total funding to about $31 million.
Inclined’s platform partners with life insurance carriers to offer policyholders a quick and easy way to obtain low-interest loans using their policy’s cash value as collateral. By digitizing and streamlining what has traditionally been a slow, paper-heavy process, Inclined enables policy owners to access capital for needs like business investments or emergencies without surrendering their insurance. The new funding will support additional carrier partnerships, enhanced technology, and marketing as Inclined expands its mission to unlock the value of life insurance assets for consumers.
Funding Details:
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Startup: Inclined (San Francisco, CA – fintech lending against life insurance)
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Investors: HSCM Ventures (lead); Northwestern Mutual Future Ventures; others
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Amount Raised: $8 million
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Total Raised: $31 million
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Funding Stage: Series B
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Funding Date: August 12, 2025
Continua Lands $8M in Seed Funding for AI Group-Chat Assistants
Continua, a startup building AI assistants for group conversations, has raised $8 million in seed funding to advance its product. The round was led by GV (Google Ventures) and joined by Bessemer Venture Partners, along with several prominent angel investors. Continua is developing an AI “co-pilot” that can be added to group chats (such as Slack or Discord) to help summarize discussions, answer questions, and surface relevant information in real time.
By leveraging large language models, Continua’s assistant aims to boost team productivity and reduce information overload in group communication channels. Users can ask the AI for recaps of lengthy threads or for quick answers based on the chat history, saving time and effort. The fresh seed capital will go toward hiring AI researchers and launching pilot integrations with enterprise collaboration tools. With GV and Bessemer’s backing, Continua is positioned to explore a cutting-edge application of generative AI in workplace communication.
Funding Details:
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Startup: Continua (Boston, MA – AI assistant for group chats)
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Investors: GV (Google Ventures, lead); Bessemer Venture Partners; notable angel investors
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Amount Raised: $8 million
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Total Raised: Not disclosed
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Funding Stage: Seed
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Funding Date: August 12, 2025
Uno Platform Raises $2.54M in Seed Funding to Expand Cross-Platform Dev Tools
Uno Platform, a Montreal-based startup focused on cross-platform developer tools, has raised C$3.5 million (about US$2.54 million) in seed funding to grow its open-source software framework. The round was co-led by AQC Capital and Desjardins Capital, with participation from tech industry angels, including Microsoft partner Scott Hanselman. Uno Platform provides a toolkit that allows developers to build native mobile, web, and desktop applications from a single codebase, using C# and XAML.
The startup’s framework is an evolution of the popular open-source Uno Platform project, already used by thousands of developers to save time and effort in multi-platform app development. With the new funding, Uno plans to expand its engineering team and add enterprise-grade features, aiming to become a go-to solution for companies seeking to streamline their software development across devices. The investment by Canadian funds and industry experts signals confidence in Uno’s potential to boost developer productivity on a global scale.
Funding Details:
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Startup: Uno Platform (Montreal, Canada – cross-platform app development framework)
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Investors: AQC Capital (co-lead); Desjardins Capital (co-lead); angel investors including Scott Hanselman
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Amount Raised: C$3.5 million (≈ US$2.54 million)
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Total Raised: Not disclosed
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Funding Stage: Seed
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Funding Date: August 12, 2025
Fountain Life Raises $18M in Series B Funding to Expand Longevity Health Centers
Fountain Life, a preventative health and longevity company co-founded by entrepreneurs Tony Robbins and Peter Diamandis, has raised $18 million in a Series B round to grow its network of early-detection health centers. The Naples, Florida-based startup offers AI-powered medical screening programs aimed at extending human healthspan by catching diseases at their earliest stages. The new funding was led by EOS Venture Partners, with participation from existing backers including Tony Robbins, Peter Diamandis, and other individual investors.
With this infusion, Fountain Life has approximately $108 million in total funding and plans to open centers in new markets while enhancing its technology for proactive disease detection. The company’s model shifts healthcare from reactive sick-care to preventive longevity care: members undergo comprehensive screenings (MRI, blood tests, genomics) to identify cancer, cardiac issues, and other conditions years before symptoms arise. Fountain Life will use the Series B capital to make these advanced diagnostics more widely available, potentially transforming how and when serious illnesses are discovered and treated.
Funding Details:
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Startup: Fountain Life (Naples, FL – longevity-focused health screening centers)
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Investors: EOS Venture Partners (lead); participation from individual existing investors (Tony Robbins, Peter Diamandis, Todd Wanek, B.K. Modi, and others)
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Amount Raised: $18 million
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Total Raised: ~$108 million
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Funding Stage: Series B
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Funding Date: August 13, 2025
Plancraft Secures €38M Series B to Bring AI to Construction Trades
Plancraft, a Hamburg, Germany-based SaaS startup for the skilled trades industry, has secured €38 million in a Series B round (approximately $41.5 million) to accelerate development of its AI-driven workflow platform for construction and home repair businesses. The financing was led by global venture firm Headline, with participation from existing investors Creandum, HTGF, and xdeck. This brings Plancraft’s total funding to over €50 million.
Founded in 2020, Plancraft provides software that helps tradespeople and small contractors streamline routine tasks – from generating quotes and scheduling jobs to voice-powered documentation and invoicing. By digitizing these workflows and adding AI features, Plancraft aims to tackle Europe’s skilled labor shortages and efficiency gaps in construction. The new funds will enable Plancraft to double down on AI capabilities (such as automating administrative work) and expand its team and customer base across more European markets.
Funding Details:
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Startup: Plancraft (Hamburg, Germany – SaaS for construction and trades)
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Investors: Headline (lead); Creandum; High-Tech Gründerfonds (HTGF); xdeck
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Amount Raised: €38 million (≈ $41.5 million)
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Total Raised: €50 million+
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Funding Stage: Series B
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Funding Date: August 13, 2025
August Health Lands $29M in Series B Funding for AI-Enabled Senior Care Platform
August Health, a San Francisco-based healthtech startup modernizing software for senior care facilities, has raised $29 million in a Series B funding round to expand its platform. The round was led by Base10 Partners, with participation from existing investors General Catalyst and Matrix Partners, as well as new strategic backers including Equitage Ventures and the Senior Living Transformation Company.
August Health provides an all-in-one electronic health record (EHR) and operations system tailored for assisted living and nursing home providers. Its platform streamlines everything from admissions and care plans to compliance and billing, recently adding AI features to help caregivers manage tasks more efficiently. Already adopted by hundreds of senior living communities, August Health will use the new funding to accelerate product development (with a focus on AI-powered analytics and care personalization) and to reach more care facilities across the country. The goal is to elevate the quality and efficiency of elder care at a time of growing demand and staffing challenges in the industry.
Funding Details:
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Startup: August Health (San Francisco, CA – software platform for senior care facilities)
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Investors: Base10 Partners (lead); General Catalyst; Matrix Partners; Equitage Ventures; Senior Living Transformation Company (strategic)
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Amount Raised: $29 million
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Total Raised: ~ $44 million
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Funding Stage: Series B
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Funding Date: August 13, 2025
Protege Closes $25M in Series A Funding to Scale Secure AI Data Platform
Protege, a Palo Alto-based startup providing a secure platform for training AI models on sensitive data, has closed a $25 million Series A funding round to accelerate its growth. The investment was led by Footwork, a venture firm founded by former tech executives, with participation from CRV, Bloomberg Beta, Flex Capital, and others. The funding will help Protege expand its engineering team and meet rising demand from enterprises that need to safely leverage private data in AI development.
Protege’s platform enables organizations to train and validate AI models using proprietary or regulated datasets without compromising privacy or security. Its tools facilitate techniques like federated learning and differential privacy, allowing AI systems to learn from data that never leaves a customer’s environment. As companies in finance, healthcare, and government embrace AI, Protege addresses a key bottleneck by ensuring compliance and trust in the AI training process. With the Series A raise, Protege plans to broaden its product features and pursue new industry partnerships as it positions itself at the intersection of AI innovation and data governance.
Funding Details:
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Startup: Protege (Palo Alto, CA – secure AI training data platform)
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Investors: Footwork (lead); CRV; Bloomberg Beta; Flex Capital; others
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Amount Raised: $25 million
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Total Raised: ~$35 million (estimated)
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Funding Stage: Series A
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Funding Date: August 13, 2025
Equatic Snags $11.6M in Series A Funding to Advance Carbon Removal and Green Hydrogen
Equatic, a climate tech startup with operations in Los Angeles and Singapore, has secured $11.6 million in Series A funding to scale its ocean-based carbon removal and green hydrogen production technology. The round was co-led by two climate-focused investment firms, C3H and Kibo Invest, with participation from a group of global sustainability investors. The funding marks Equatic’s first major round as an independent company (it was spun out of UCLA’s Institute for Carbon Management).
Equatic’s technology uses electrochemical processes in seawater to pull carbon dioxide out of the atmosphere and produce hydrogen as a byproduct. By leveraging the world’s oceans as both a CO₂ sink and a resource for clean fuel, Equatic aims to tackle climate change on two fronts. The new capital will be used to build out pilot facilities, scale up the approach, and navigate regulatory approvals. Equatic’s dual solution has drawn significant interest as governments and corporations seek innovative paths to achieve net-zero emissions.
Funding Details:
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Startup: Equatic (Los Angeles, CA & Singapore – carbon removal and hydrogen production)
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Investors: C3H and Kibo Invest (co-leads); other global climate-tech investors
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Amount Raised: $11.6 million
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Total Raised: $11.6 million
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Funding Stage: Series A
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Funding Date: August 13, 2025
Arintra Raises $21M in Series A Funding to Automate Medical Billing with AI
Arintra, a healthtech startup with teams in the U.S. and India, has raised $21 million in a Series A round to scale its AI-powered medical billing platform. The funding was led by Peak XV Partners (formerly Sequoia India) and included participation from Endeavor Health, Y Combinator, and other healthcare-focused investors. Arintra’s software uses artificial intelligence to automate the hospital billing and insurance pre-authorization process, reducing administrative burdens and errors for healthcare providers.
By extracting and interpreting clinical information from patient records, Arintra’s tool can generate billing codes and verify insurance coverage in real time, which traditionally involves tedious manual work. Hospitals using Arintra have reported significant reductions in denials and faster reimbursements. With the new capital, Arintra plans to expand its product to more U.S. hospitals and refine its AI models to cover additional specialties and insurance schemes. The goal is to streamline revenue cycle management for medical providers, allowing staff to focus more on patient care than paperwork.
Funding Details:
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Startup: Arintra (New York, NY & Bangalore, India – AI platform for medical billing)
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Investors: Peak XV Partners (lead); Endeavor Health; Y Combinator; others
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Amount Raised: $21 million
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Total Raised: Not disclosed
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Funding Stage: Series A
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Funding Date: August 13, 2025
Olee Space Snags $3M in Seed Funding for Laser Communication & Defense Tech
Olee Space, a deep-tech startup based in New Delhi (with U.S. operations), has raised $3 million in seed funding to develop its laser-based communication and counter-drone systems. The funding comes from Rockstud Capital as the lead investor, alongside a group of strategic international backers. Olee Space is working on quantum-secure laser communication technology that can enable ultra-fast, interception-proof data links for defense and aerospace applications.
In addition, the company is developing directed-energy solutions to disable rogue drones, addressing emerging security threats from unmanned aerial vehicles. With the seed investment, Olee Space plans to build out production facilities and advance prototypes of its systems, as well as pursue government and commercial contracts in India and abroad. The startup’s cutting-edge focus at the intersection of photonics and defense has quickly attracted interest as countries look for next-generation technologies in secure communications and airspace security.
Funding Details:
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Startup: Olee Space (New Delhi, India – laser communications and anti-drone tech)
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Investors: Rockstud Capital (lead); other global strategic investors
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Amount Raised: $3 million
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Total Raised: $3 million
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Funding Stage: Seed
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Funding Date: August 13, 2025
Riva Money Bags $3M in Pre-Seed Funding to Modernize Cross-Border Payments
Riva Money, a fintech startup founded by alumni of Revolut and Wise, has raised $3 million in pre-seed funding to build a next-generation cross-border payments platform. The round was led by Berlin-based Project A Ventures, with angel investments from former executives at Revolut, Monzo, and JPMorgan. London-headquartered Riva is developing a “dual-rail” payments system that can route international business transactions via either traditional banking networks or blockchain rails (using stablecoins), choosing the fastest and cheapest option for each transfer.
By blending conventional finance with crypto technology behind the scenes, Riva aims to eliminate the high fees and delays that companies face when sending money internationally. The new funds will be used to hire engineers and pursue regulatory licenses in the UK, EU, and other regions as Riva prepares to launch its service across Europe, Asia, and North America. Ultimately, Riva Money envisions a borderless payments infrastructure that offers SMEs and enterprises instant, low-cost global transactions without having to navigate complexity.
Funding Details:
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Startup: Riva Money (London, UK – cross-border payments platform using fiat & crypto)
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Investors: Project A Ventures (lead); angel investors including former Revolut, Monzo, and JPMorgan executives
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Amount Raised: $3 million
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Total Raised: $3 million
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Funding Stage: Pre-Seed
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Funding Date: August 13, 2025
Evertune Raises $15M in Series A Funding to Power AI Marketing & Discovery
Evertune, a New York City-based startup offering an AI-driven marketing and discovery platform, has raised $15 million in a Series A funding round to expand its technology. The round was led by Felicis Ventures, with participation from strategic angels in the AI and marketing sectors, including executives from Uber, OpenAI, Meta, and others. Prior seed backers Eniac Ventures and NextView Ventures also joined, reflecting continued support for Evertune’s vision.
Evertune is a pioneer in “Generative Engine Optimization (GEO),” helping brands ensure they appear prominently in AI-generated search results and recommendations. Its platform automatically poses and answers hundreds of thousands of queries to large language models (like ChatGPT) on behalf of a brand, collecting data on how the brand is represented and identifying opportunities to improve its visibility. With the new funding, Evertune will scale its operations and product development as demand grows among enterprises to manage their presence in AI-driven channels. The company counts major clients like Canada Goose and Miro, and it aims to become a go-to solution as marketing shifts toward AI-assisted customer discovery.
Funding Details:
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Startup: Evertune (New York, NY – AI marketing and “generative search” optimization)
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Investors: Felicis Ventures (lead); participating angels include Sarfraz Maredia (Uber), Jonathan Carson (Antenna), David Azose & Sonia Phene (OpenAI), Joseph Spisak (Meta), Chip Ransler, and returning VCs Eniac and NextView
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Amount Raised: $15 million
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Total Raised: Not disclosed (approx. $20+ million including prior rounds)
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Funding Stage: Series A
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Funding Date: August 13, 2025
Cohere Raises $500M in Funding to Scale Enterprise AI at $6.8B Valuation
Cohere, a Toronto-based generative AI startup, has secured $500 million in new funding to accelerate its push into enterprise AI solutions. The raise – one of the year’s largest in AI – values Cohere at $6.8 billion, up significantly from $5.5 billion last year. Founded in 2019 by ex-Google researchers, Cohere provides cloud-agnostic large language models and AI assistant products that companies can customize and deploy within their own infrastructure.
The mammoth round was co-led by Canadian investors Radical Ventures and Inovia Capital, and joined by an array of strategic backers including Nvidia, AMD Ventures, Salesforce Ventures, PSP Investments, and the Healthcare of Ontario Pension Plan (HOOPP). The new capital brings Cohere’s total funding to roughly $1.5 billion. It will fuel global expansion and R&D as Cohere competes with the likes of OpenAI and Anthropic in the booming market for business-ready AI. Cohere plans to use the funds to build out its AI platform offerings, increase headcount, and deepen partnerships with enterprises and governments seeking to leverage generative AI securely and at scale.
Funding Details:
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Startup: Cohere (Toronto, Canada – enterprise AI platform and large language models)
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Investors: Radical Ventures and Inovia Capital (co-leads); joined by Nvidia, AMD Ventures, Salesforce Ventures, PSP Investments, Healthcare of Ontario Pension Plan (HOOPP)
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Amount Raised: $500 million
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Total Raised: ~$1.5 billion
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Funding Stage: Late-stage private funding
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Funding Date: August 14, 2025
Titan Secures $74M in Funding to Build AI-Driven IT Services Platform
Titan, a New York City-based IT services startup, has raised $74 million in funding to expand its augmented IT platform that blends human expertise with AI automation. The round was led by General Catalyst, highlighting confidence in Titan’s approach to modernizing the managed services provider (MSP) industry. Founded by veteran tech entrepreneurs, Titan has been operating in stealth while acquiring and integrating traditional MSP firms into its model.
Alongside the funding, Titan announced the acquisition of RFA (a long-standing MSP in the financial sector) to accelerate its growth. Titan’s platform layers AI tools into MSP operations, aiming to provide faster and more proactive tech support for enterprise clients without losing the high-touch service aspect. With the fresh $74 million, Titan will continue to scale its platform, pursue additional acquisitions, and invest in R&D. The goal is to transform legacy IT services by injecting AI-driven efficiency into everything from network monitoring to customer support, effectively creating a new breed of “autonomous IT” provider.
Funding Details:
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Startup: Titan (New York, NY – AI-powered managed IT services)
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Investors: General Catalyst (lead); other participating investors not disclosed
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Amount Raised: $74 million
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Total Raised: Not disclosed (company is newly formed via roll-ups)
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Funding Stage: Growth financing (private round)
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Funding Date: August 14, 2025
Reprieve Cardiovascular Lands $61M in Series B Funding for Heart Failure Device
Reprieve Cardiovascular, a Massachusetts-based medtech company, has raised $61 million in a Series B round to advance its personalized therapy for acute heart failure patients. The financing was led by Deerfield Management, a major healthcare investment firm, with participation from other investors including Arboretum Ventures, Lightstone Ventures, Santé Ventures, Rex Health Ventures, Genesis Innovation, and Cadence Bank.
Reprieve is developing a novel fluid management device for hospitalized heart failure patients that tailors treatment based on a patient’s real-time hemodynamic status. The goal is to prevent the fluid overload and organ damage often associated with acute heart failure by dynamically adjusting therapy. The new funding brings Reprieve’s total raised to roughly $103 million. It will support ongoing clinical trials, regulatory submissions, and early commercialization efforts. With heart failure hospitalization rates high and outcomes poor, investors are betting that Reprieve’s patient-specific approach can significantly improve recovery and reduce readmissions.
Funding Details:
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Startup: Reprieve Cardiovascular (Milford, MA – medical device for acute heart failure)
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Investors: Deerfield Management (lead); Arboretum Ventures; Lightstone Ventures; Santé Ventures; Rex Health Ventures; Genesis Innovation; Cadence Bank
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Amount Raised: $61 million
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Total Raised: ~$103 million
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Funding Stage: Series B
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Funding Date: August 14, 2025
Arbital Health Secures $31M in Series B Funding to Streamline Value-Based Care
Arbital Health, a San Francisco-based healthtech startup, has raised $31 million in Series B funding to scale its value-based care enablement platform. The round was led by Valtruis (a venture firm focused on transformational healthcare companies) and joined by Transformation Capital, Shaper Ventures, and Healthy Ventures. The capital will fuel Arbital’s growth as it helps healthcare providers and insurers transition to value-based payment models that reward quality of care over quantity of services.
Arbital’s software platform aggregates and analyzes clinical and financial data to identify care improvement opportunities and automate value-based care workflows. It assists physician groups and health systems with tasks like care gap closure, patient outreach, and tracking performance against value-based contract metrics. With U.S. healthcare moving steadily toward outcome-driven reimbursement, Arbital’s tools are in demand to manage the complexity. The Series B funds will be used to expand product capabilities, support more healthcare organizations, and ensure that the company can meet growing market needs for value-based care infrastructure.
Funding Details:
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Startup: Arbital Health (San Francisco, CA – value-based care software platform)
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Investors: Valtruis (lead); Transformation Capital; Shaper Ventures; Healthy Ventures
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Amount Raised: $31 million
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Total Raised: Not disclosed
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Funding Stage: Series B
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Funding Date: August 14, 2025
Citizen Health Scores $30M in Series A Funding for Rare Disease Data Platform
Citizen Health, a San Francisco-based healthcare data startup, has raised $30 million in a Series A funding round to scale its platform for rare disease research and treatment. The round was led by 8VC, with participation from Transformation Capital and Headline. The funding will help Citizen Health build out its patient-centric data network aimed at accelerating cures for rare diseases.
Citizen Health aggregates genomic data, medical records, and patient-reported information from individuals with rare conditions, creating a valuable repository for researchers and pharmaceutical companies developing therapies. Importantly, patients on the platform retain ownership of their data and can choose to share it securely with research projects or clinical trials, often in exchange for compensation or insights. With the new capital, Citizen Health plans to expand its user base, forge more industry partnerships, and enhance its data tools (including AI algorithms to glean insights from the datasets). By empowering patients and leveraging data at scale, Citizen Health seeks to shorten the timeline to find treatments for thousands of rare diseases that currently have few or no options.
Funding Details:
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Startup: Citizen Health (San Francisco, CA – patient-powered rare disease data platform)
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Investors: 8VC (lead); Transformation Capital; Headline; others
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Amount Raised: $30 million
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Total Raised: $44 million
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Funding Stage: Series A
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Funding Date: August 14, 2025
Ex-Twitter CEO Parag Agrawal’s New Startup Paralle Gets $30M in Funding to Build AI Agent Infrastructure
The former CEO of Twitter, Parag Agrawal, has a stealth-mode startup that just raised about $30 million in initial funding to develop infrastructure for AI agents to better browse and interact with the web. Codenamed “Parallel” internally, the Silicon Valley venture has been operating quietly until details emerged via investors. The funding was led by Khosla Ventures with participation from a handful of other backers (names undisclosed due to stealth status).
Parallel’s technology is reportedly building tools that allow autonomous AI “agent” programs to search the internet and perform tasks more efficiently by interfacing directly with web content and services. Agrawal, who co-founded the company after leaving Twitter, has hinted that Parallel will serve as a backend for AI applications – essentially making the web more navigable for AI. The startup already has a 25-person team and plans to use the $30 million to accelerate development and eventually launch out of stealth. While the venture’s formal name and full scope remain under wraps, the early financing provides a substantial runway for Agrawal’s team to tackle the challenges of AI agents and web interoperability.
Funding Details:
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Startup: “Parallel” (working name – Silicon Valley, CA – stealth AI agent infrastructure)
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Investors: Khosla Ventures (lead); other investors undisclosed (stealth mode)
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Amount Raised: $30 million
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Total Raised: $30 million (first round)
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Funding Stage: Early-stage (Seed/Series A)
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Funding Date: August 14, 2025
Sola Raises $21M in Funding to Automate Work with Enterprise AI Agents
Sola, an enterprise AI startup based in Boston, has emerged from stealth with $21 million in combined seed and Series A funding to automate back-office work using AI agents. The company quietly raised a $3.5 million seed round led by Conviction and now has added a $17.5 million Series A led by Andreessen Horowitz (a16z). Sola was founded by two MIT dropouts and has been developing AI “virtual employees” that can take over repetitive tasks in areas like data entry, reporting, and workflow management for large organizations.
With its technology, Sola aims to help legacy industries modernize by offloading grunt work to AI agents that operate continuously and reliably. The involvement of a16z – one of Silicon Valley’s top venture firms – signals strong conviction in Sola’s approach. The total $21 million funding will be used to grow Sola’s engineering team and pilot its solutions with enterprise clients bogged down by manual processes. By freeing human workers from tedious tasks, Sola expects to increase productivity and allow staff to focus on higher-value activities.
Funding Details:
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Startup: Sola (Boston, MA – AI “virtual employee” software for enterprises)
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Investors: Andreessen Horowitz (lead, Series A); Conviction (lead, Seed); and a group of angel investors
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Amount Raised: $21 million (aggregate of Seed + Series A)
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Total Raised: $21 million
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Funding Stage: Series A (preceded by Seed)
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Funding Date: August 14, 2025
Topline Pro Secures $27M in Series B Funding to Boost AI for Home Services
Topline Pro, a New York City-based SaaS startup, has raised $27 million in Series B funding to help home services businesses grow using AI. The round was led by Northzone and included new and existing investors such as Tactile Ventures, Forerunner Ventures, Bonfire Ventures, Flybridge, TMV, and BBG Ventures. Topline Pro offers an AI-powered platform that assists small contractors and skilled tradespeople (think plumbers, landscapers, painters) with their digital presence and customer management.
The platform can automatically build and update a contractor’s website, improve their search engine visibility, handle online reviews, and even manage client communications and payments – effectively acting as a digital marketing assistant. Thousands of “pros” have used Topline, leading to over $650 million in job bookings through the platform to date. With the new funding, which brings Topline’s total raised above $35 million, the company will accelerate product development and expand into more regional markets. The aim is to empower the often-overlooked home services sector with modern, AI-driven business tools to win more clients and operate efficiently.
Funding Details:
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Startup: Topline Pro (New York, NY – AI platform for home service contractors)
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Investors: Northzone (lead); Tactile Ventures; Forerunner Ventures; Bonfire Ventures; Flybridge; TMV; BBG Ventures
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Amount Raised: $27 million
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Total Raised: ~$35 million
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Funding Stage: Series B
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Funding Date: August 14, 2025
Transak Raises $16M in Funding to Expand Global Stablecoin Payments Infrastructure
Transak, a Miami-based fintech startup, has raised $16 million to scale its fiat-to-crypto payments infrastructure, which is becoming crucial for global stablecoin adoption. The funding round was co-led by stablecoin issuer Tether and venture firm IDG Capital, with participation from a roster of crypto-focused backers including Primal Capital, 1kx, Protein Capital, KX VC, 3KVC, Genting Ventures, Fuel Ventures, and Umami Capital.
Transak offers a unified API that developers can integrate into apps and platforms, enabling end-users to seamlessly convert local fiat currency into stablecoins (and vice versa) using payment methods across 75+ countries. Essentially, Transak is building the on- and off-ramps that allow people around the world to use stablecoins for payments and transfers as easily as traditional money. The startup has already processed over $2 billion in transactions and holds regulatory approvals in major markets like the U.S., UK, EU, Canada, and India. With the new Series A funding, Transak will expand into more regions, double down on compliance, and strengthen partnerships with wallets and fintech apps. The investment from Tether and others underscores the confidence that Transak’s infrastructure will be key to mainstreaming stablecoin-based transactions globally.
Funding Details:
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Startup: Transak (Miami, FL – fiat-to-stablecoin payments API)
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Investors: Tether and IDG Capital (co-leads); joined by Primal Capital, 1kx, Protein Capital, CEiC, KX VC, 3KVC, Genting Ventures, Fuel Ventures, Umami Capital
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Amount Raised: $16 million
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Total Raised: ~$20 million
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Funding Stage: Series A
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Funding Date: August 14, 2025
Create “Anything” Platform Nabs $8.5M in Funding to Democratize App Development
Create, a San Francisco-based startup behind the AI coding agent “Anything,” has raised a total of $8.5 million to date, including a new $5.5 million seed-extension round led by Bessemer Venture Partners. Create’s platform allows non-technical users to generate fully functional software applications simply by describing their idea in natural language. The AI handles everything from front-end design to back-end code and hosting, dramatically lowering the barrier to app creation.
The “Anything” app generator went viral after launch, amassing 30,000 user signups in 72 hours and catching the attention of top investors. In addition to Bessemer, Create’s notable angel backers include Shopify founder Tobi Lütke and the CEOs of Front, Zapier, and Intercom. With its “Shopify for software” vision, Create will use the funding to scale its platform to support more users (including agencies and enterprise clients) and to add features like monetization tools for the apps built on it. By enabling entrepreneurs to build custom software without coding, Create aims to unleash a new wave of innovation, much like website builders did in the past.
Funding Details:
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Startup: Create (San Francisco, CA – AI-powered no-code app development platform)
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Investors: Bessemer Venture Partners (lead); and prominent angel investors including Tobi Lütke (Shopify), Mathilde Collin (Front), Wade Foster (Zapier), Des Traynor (Intercom), Laura Wu (Shippo), Ben Tossell (Ben’s Bites)
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Amount Raised: $8.5 million (total funding to date)
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Total Raised: $8.5 million
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Funding Stage: Seed / early-stage
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Funding Date: August 14, 2025
Better Medicine Raises €6M in Funding to Tackle Radiologist Shortages with AI
Better Medicine, an Estonian healthtech startup, has raised a total of €6 million (approximately $6.5 million) in combined equity and grant funding to develop its AI-powered cancer detection tools. The company recently closed a €1 million pre-seed equity round led by Soulmates Ventures, with participation from Specialist VC, the University of Tartu’s venture fund (UT Ventures), and angel investors. This adds to a €2.5 million grant Better Medicine received earlier in the year from the European Innovation Council, bringing its total capital to about €6 million.
Founded in 2020 in Tartu, Better Medicine addresses the global shortage of radiologists by using deep learning algorithms to analyze medical scans for signs of cancer. Its first product, BM Vision: Kidney, can identify kidney tumors in CT scans with 99% accuracy and has already obtained CE certification under the EU’s strict new medical device regulations. In clinical trials, the AI helped radiologists cut their scan reading time in half. With the new funds, Better Medicine plans to deploy its tools across Europe, extend the technology to detect other types of cancer, and begin working toward U.S. FDA clearance. By automating the more tedious aspects of image analysis, the startup aims to boost early cancer detection while alleviating overworked radiology departments worldwide.
Funding Details:
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Startup: Better Medicine (Tartu, Estonia – AI diagnostics for radiology)
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Investors: Soulmates Ventures (lead); Specialist VC; UT Ventures (University of Tartu); angel investors; plus a €2.5 M grant from the European Innovation Council
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Amount Raised: €1 million equity + €5 million in grants (≈ €6 million total)
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Total Raised: €6 million (including non-dilutive funding)
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Funding Stage: Pre-Seed
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Funding Date: August 14, 2025
FieldPulse Raises $50M in Series C Funding to Turbocharge Field Service Software
FieldPulse, a Dallas-based field service management software provider, has raised $50 million in a Series C funding round to fuel its growth and AI innovation. The round was led by Fulcrum Equity Partners, with participation from Catalyst Investors. FieldPulse’s platform offers an end-to-end solution for trades and home service businesses – such as HVAC, plumbing, and electrical contractors – helping them manage scheduling, dispatch, estimates, invoicing, and customer communications in one place.
Since its Series B nearly two years ago, FieldPulse has quadrupled its customer base while maintaining over 100% year-over-year revenue growth. Recently, the company introduced its first AI-driven features under the “Field Intelligence” banner, which can automate scheduling and job assignment using predictive algorithms. With the new Series C capital, FieldPulse plans to accelerate development of additional AI-powered tools and expand its market presence. The continued backing from Fulcrum and the addition of Catalyst Investors signal strong conviction that FieldPulse can become a leader in the $5 billion (and growing) field service software market as the industry rapidly digitizes and adopts automation.
Funding Details:
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Startup: FieldPulse (Dallas, TX – field service management SaaS)
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Investors: Fulcrum Equity Partners (lead); Catalyst Investors
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Amount Raised: $50 million
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Total Raised: Not disclosed
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Funding Stage: Series C
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Funding Date: August 15, 2025
Helical Fusion Raises $15M in Series A Funding to Build a “Sun on Earth” Fusion Reactor
Helical Fusion, a Tokyo-based nuclear fusion startup, has raised $15 million in Series A funding to advance development of its steady-state fusion power plant. The round saw participation from a broad syndicate of 21 investors, including SBI Investment, Keio Innovation Initiative, KDDI Green Partners, Daiwa House Ventures, and Toyoda Gosei, as well as public financial institutions in Japan. Including prior grants and loans, Helical Fusion’s total funding now stands at roughly $35 million.
The startup is pursuing an approach based on a stellarator – a type of fusion reactor that uses complex magnetic coils to contain superheated plasma continuously, avoiding the start-stop cycle of mainstream tokamak designs. Helical Fusion’s CEO, Takaya Taguchi, likens the goal to creating “another sun on Earth,” providing a source of 24/7 carbon-free energy. The company’s Helix Program aims to deliver a working fusion power plant in the 2030s. With the new capital, Helical Fusion will scale up its research and engineering efforts on its stellarator design, racing against global competitors to achieve net-positive energy from fusion. If successful, the technology could be transformative: analysts project a fusion energy market worth over $500 billion annually by mid-century if the technical challenges are overcome.
Funding Details:
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Startup: Helical Fusion (Tokyo, Japan – nuclear fusion energy)
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Investors: SBI Investment; Keio Innovation Initiative; KDDI Green Partners; Daiwa House Ventures; Toyoda Gosei; and several public financial institutions (total 21 investors)
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Amount Raised: $15 million
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Total Raised: ~$35 million (including grants/loans)
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Funding Stage: Series A
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Funding Date: August 15, 2025
Onerway Secures $10M in Series A+ Funding to Expand Cross-Border Payment Solutions
Onerway, a London-based fintech startup, has secured $10 million in a Series A+ funding round to grow its global payments infrastructure. The extension round was led by Chinese venture firm Yunqi Partners and values Onerway at just under $200 million. Existing backers Lanchi Ventures and other investors also contributed to the financing, which comes approximately one year after the company’s initial Series A.
Onerway provides a platform for fast, AI-enhanced cross-border transactions, helping businesses move money internationally with lower costs and greater transparency. Its technology optimizes routing for payments across different networks and currencies, aiming to deliver near-instant settlement. The new funding will be used to enhance Onerway’s platform with more AI capabilities, expand coverage of currencies and corridors, and pursue partnerships with banks and fintechs in Asia, Europe, and beyond. As global digital commerce continues to rise, Onerway is positioning itself as a key player in the next generation of cross-border payment infrastructure, competing against incumbents with a more nimble, tech-driven approach.
Funding Details:
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Startup: Onerway (London, UK – AI-driven cross-border payments platform)
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Investors: Yunqi Partners (lead); Lanchi Ventures; and other existing investors
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Amount Raised: $10 million
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Total Raised: Not disclosed (Series A+ round)
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Funding Stage: Series A+ (extension)
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Funding Date: August 15, 2025
Tech Funding Summary Table
| Startup | Investors (Lead and notable investors) | Amount Raised | Total Raised | Funding Stage | Funding Date |
|---|---|---|---|---|---|
| SetPoint Medical | Elevage Medical Tech., Ally Bridge Group (co-leads); Northwell Health; NEA; Viking Global; etc. | $140 M (Series D + C) | Not disclosed | Series D (incl. C ext.) | Aug 11, 2025 |
| IntraFi | Morgan Stanley (lead arranger) & syndicate of major Wall St. banks (debt financing) | $2 B | Not disclosed | Debt Financing (Loan) | Aug 11, 2025 |
| Truemeds | Accel; Peak XV Partners; WestBridge Capital; Info Edge Ventures | $85 M | ~$113 M | Series C | Aug 11, 2025 |
| Vulcan Elements | Altimeter Capital (lead); One Investment Mgmt; 1789 Capital; Ibex; NVP Capital | $65 M | $65 M | Series A | Aug 11, 2025 |
| Novig | Forerunner Ventures (lead); Y Combinator; NFX; Perceptive; Gaingels; Joe Montana | $18 M | $24.4 M | Series A | Aug 11, 2025 |
| JEH Aerospace | Elevation Capital (lead) | $11 M | Not disclosed | Series A | Aug 11, 2025 |
| Chowdeck | Novastar Ventures (lead); Y Combinator; AAIC; Rebel Fund; GFR; Kaleo; HoaQ | $9 M | ~$11.5 M | Series A | Aug 11, 2025 |
| Graas.ai | Tin Men Capital (lead); InCred Wealth; Orzon; Integra Partners; Yuj Ventures | $9 M | ~$49 M | Pre-Series B | Aug 11, 2025 |
| 1Kosmos | Forgepoint (lead); Oquirrh Ventures; Origami Capital; + $10M Bridge Bank loan | $57 M | $72 M | Series B | Aug 12, 2025 |
| Gameto | Overwater Ventures (lead); Insight; RA Capital; Two Sigma; BOLD; Future Ventures | $44 M | $127 M | Series C | Aug 12, 2025 |
| Profound | Sequoia Capital (lead); Kleiner Perkins; Khosla; Saga VC; South Park Commons | $35 M | $58.5 M | Series B | Aug 12, 2025 |
| Jocasta Neuroscience | True Ventures (lead); Moore Strategic; SC8; Glentura; Yagan Family | $35 M | Not disclosed | Series A | Aug 12, 2025 |
| GoodShip | Greenfield Partners (lead); Bessemer; FUSE; Chicago Ventures; Ironspring | $25 M | ~$40 M | Series B | Aug 12, 2025 |
| Tavily | Insight Partners (co-lead); Alpha Wave Global (co-lead); others | $25 M | $25 M | Series A | Aug 12, 2025 |
| Jump | Seven Seven Six (lead – Alexis Ohanian); Courtside; Forerunner | $23 M | Not disclosed | Series A | Aug 12, 2025 |
| Datumo | Salesforce Ventures (lead); KB Investment; ACVC; SBI Investment | $15.5 M | ~$28 M | Series A | Aug 12, 2025 |
| Mako | M13 (lead); strategic partners AMD & Tenstorrent | $8.5 M | Not disclosed | Seed | Aug 12, 2025 |
| Inclined | HSCM Ventures (lead); Northwestern Mutual; others | $8 M | $31 M | Series B | Aug 12, 2025 |
| Continua | GV (Google Ventures, lead); Bessemer; angels | $8 M | Not disclosed | Seed | Aug 12, 2025 |
| Uno Platform | AQC Capital (co-lead); Desjardins Capital (co-lead); angels | C$3.5 M (US$2.54 M) | Not disclosed | Seed | Aug 12, 2025 |
| Fountain Life | EOS Ventures (lead); Tony Robbins, Peter Diamandis, etc. | $18 M | ~$108 M | Series B | Aug 13, 2025 |
| Plancraft | Headline (lead); Creandum; HTGF; xdeck | €38 M (~$41.5 M) | €50 M+ | Series B | Aug 13, 2025 |
| August Health | Base10 (lead); General Catalyst; Matrix; Equitage; SLT Company | $29 M | ~$44 M | Series B | Aug 13, 2025 |
| Protege | Footwork (lead); CRV; Bloomberg Beta; Flex Capital; others | $25 M | ~$35 M | Series A | Aug 13, 2025 |
| Equatic | C3H & Kibo Invest (co-leads); global climate investors | $11.6 M | $11.6 M | Series A | Aug 13, 2025 |
| Arintra | Peak XV (lead); Endeavor Health; Y Combinator; others | $21 M | – | Series A | Aug 13, 2025 |
| Olee Space | Rockstud Capital (lead); strategic global investors | $3 M | $3 M | Seed (Pre-Series A) | Aug 13, 2025 |
| Riva Money | Project A (lead); Revolut, Monzo alumni (angels) | $3 M | $3 M | Pre-Seed | Aug 13, 2025 |
| Evertune | Felicis (lead); angels from Uber, OpenAI, Meta, etc.; Eniac; NextView | $15 M | Not disclosed | Series A | Aug 13, 2025 |
| Cohere | Radical Ventures, Inovia (co-leads); Nvidia; AMD; PSP; Salesforce; HOOPP | $500 M | ~$1.5 B | Late-stage (Private) | Aug 14, 2025 |
| Titan | General Catalyst (lead); others undisclosed | $74 M | Not disclosed | Growth (Private round) | Aug 14, 2025 |
| Reprieve Cardio | Deerfield (lead); Arboretum; Lightstone; Santé; Rex Health; Genesis; Cadence | $61 M | ~$103 M | Series B | Aug 14, 2025 |
| Arbital Health | Valtruis (lead); Transformation Capital; Shaper; Healthy Ventures | $31 M | Not disclosed | Series B | Aug 14, 2025 |
| Citizen Health | 8VC (lead); Transformation Capital; Headline | $30 M | $44 M | Series A | Aug 14, 2025 |
| “Parallel” (Agrawal) | Khosla Ventures (lead); others n/a (stealth) | $30 M | $30 M | Seed/Early-Stage | Aug 14, 2025 |
| Sola | a16z (lead Series A); Conviction (lead Seed); angels | $21 M | $21 M | Series A (+Seed) | Aug 14, 2025 |
| Topline Pro | Northzone (lead); Tactile; Forerunner; Bonfire; Flybridge; TMV; BBG | $27 M | ~$35 M | Series B | Aug 14, 2025 |
| Transak | Tether, IDG Capital (co-leads); Primal; 1kx; Protein; KX; Genting; Fuel; Umami | $16 M | ~$20 M | Series A | Aug 14, 2025 |
| Create | Bessemer (lead); T. Lütke; M. Collin; W. Foster; D. Traynor; L. Wu; B. Tossell | $8.5 M | $8.5 M | Seed/Early-Stage | Aug 14, 2025 |
| Better Medicine | Soulmates (lead); Specialist VC; UT Ventures; angels; + €2.5M EIC grant | €6 M (≈ $6.5 M) | €6 M (incl. grants) | Pre-Seed | Aug 14, 2025 |
| FieldPulse | Fulcrum Equity (lead); Catalyst Investors | $50 M | Not disclosed | Series C | Aug 15, 2025 |
| Helical Fusion | SBI Investment; Keio II; KDDI GP Fund; Daiwa House; Toyoda Gosei; public investors | $15 M | ~$35 M (incl. grants) | Series A | Aug 15, 2025 |
| Onerway | Yunqi Partners (lead); Lanchi Ventures; others | $10 M | Not disclosed | Series A+ | Aug 15, 2025 |
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