Top Startup and Tech Funding News – February 5, 2025

It’s Thursday, February 5, 2026, and we’re back with today’s top startup and tech funding news. Today’s deals reflect growing investor conviction in AI model infrastructure, legaltech automation, humanoid robotics, and real-time climate systems. As enterprise demand for transparency, speed, and intelligence scales, venture and strategic capital are flowing into platforms that offer deep visibility and high-leverage automation across industries.

Early-stage and strategic rounds centered on AI-native accounting, industrial automation, and service-industry optimization. Accrual raised $75 million to unify tax and compliance workflows with AI, while Loop AI secured $14 million to automate food logistics for restaurant and retail chains. Lawhive closed a $60 million round to scale hybrid AI-human legal services in the U.S., and Varaha raised $20 million to expand its nature-based carbon removal platform across Asia.

Late-stage and high-stakes funding targeted AI observability, foundational model infrastructure, and applied biotech. Fundamental launched with $255 million to analyze massive amounts of structured data using a new deterministic architecture. Goodfire landed $150 million to deepen inspection tools for AI models, while Angitia raised $130 million to advance bone-regeneration biologics. Backed by strategic capital and state-linked funds, Tomorrow.io and X-Humanoid also raised nine-figure rounds to expand their operations in weather satellites and humanoid robotics, respectively.

Tech Funding News

Funding Highlights

• Fundamental launches with $255M Series A for enterprise-scale AI on structured data
• Goodfire raises $150M Series B to expand AI model observability tools
• Angitia Biopharma raises $130M Series D for bone-regeneration therapeutics
• Tomorrow.io secures $175M to scale its AI-driven weather satellite constellation
• X-Humanoid raises ~$100M Series A to commercialize humanoid robotics in China
• Accrual raises $75M Series A to automate accounting and tax workflows
• Lawhive raises $60M Series B to expand AI-assisted legal services to the U.S.
• Varaha secures $20M to scale carbon removal from regenerative agriculture
• Loop AI raises $14M Series A to automate food and retail logistics with AI
• SynthBee closes $100M to scale collaborative AI for engineering and design

Investor Activity

Today’s rounds drew leading venture firms, corporate investors, and public-private innovation funds. Participants included GV, Menlo Ventures, General Catalyst, Baidu, Crosspoint, and Stonecourt Capital, signaling strong cross-sector interest in infrastructure-grade AI, robotics, and financial platforms. Across verticals, investors are betting on purpose-built automation and transparency layers that will underpin the next generation of intelligent systems. Here’s the full breakdown of February 5’s most significant startup and tech fundings.

Fundamental Raises $255M in Series A Funding for Large-Scale AI Data Analysis

Fundamental is an AI startup developing a new foundation model, Nexus, that excels at analyzing large-scale structured datasets (billions of rows) that traditional LLMs struggle with. The company’s model is deterministic and doesn’t use the standard transformer architecture; instead, it’s designed specifically for enterprise “big data” use cases (e.g., financial records, logistics data, etc.).

Fundamental’s approach attracted heavy interest: it emerged from stealth with $255 million in total funding, including a $225M Series A funding led by Oak HC/FT, Valor Equity Partners, Battery Ventures, and Salesforce Ventures. The funding will enable Fundamental to scale its operations and execute several seven-figure enterprise contracts it has already signed.

Startup: Fundamental
Investors: Oak HC/FT (lead), Valor Equity Partners, Battery Ventures, Salesforce Ventures, Hetz Ventures, plus angels (Aravind Srinivas, Henrique Dubugras, Olivier Pomel)
Amount Raised: $255M
Total Raised: $255M
Funding Stage: Series A
Funding Date: February 2026

Accrual Raises $75M in Series A Funding to Automate Accounting Tasks

Accrual is a fintech startup building AI-native software to automate manual accounting workflows. Backed by the incubator General Catalyst, the company says its platform can unify and manage tax preparation, invoices, and regulatory filings for banks and lenders. In today’s funding announcement, Accrual said it raised $75 million (mostly in a Series A) to scale its product. General Catalyst led the round (with $65M), and other investors include Go Global Ventures, Pruven Capital, and Edward Jones Ventures.

Accrual emerged from stealth this week, and this capital will let it build out its cloud-native infrastructure and support early customers in financial services. The AI-driven approach aims to “unify tax prep and accounting”, a market where incumbents still rely heavily on spreadsheets and manual review.

Startup: Accrual
Investors: General Catalyst (lead), Go Global Ventures, Pruven Capital, Edward Jones Ventures, plus founders and execs
Amount Raised: $75M
Total Raised: $75M
Funding Stage: Series A (coming out of stealth)
Funding Date: February 2026

Lawhive Raises $60M in Series B Funding to Scale AI-Powered Legal Services

Lawhive is a UK-based startup reinventing the general-practice law firm by combining human lawyers with AI-powered workflows. The company employs attorneys across its platform and uses automation for tasks such as document drafting and case management, aiming to offer legal services (family law, landlord-tenant disputes, consumer rights, etc.) at much lower cost than traditional firms. Lawhive announced a $60 million Series B to expand into the U.S.

The round was led by Mitch Rales (co-founder of Danaher), with participation from investors including TQ Ventures, GV (Google Ventures), Balderton Capital, and Jigsaw. Lawhive reports strong growth (a 7x revenue increase to $35M in ARR last year) and is targeting a large market of unmet legal needs in the US. This new funding will support hiring and the opening of new offices in the US (including a planned NYC HQ) and help Lawhive pursue its goal of democratizing routine legal help for individuals and small businesses.

Startup: Lawhive
Investors: Mitch Rales (lead), TQ Ventures, GV (Google Ventures), Balderton Capital, Jigsaw
Amount Raised: $60M
Total Raised: $100M (including prior $40M Series A)
Funding Stage: Series B
Funding Date: February 5, 2026

Goodfire Raises $150M in Series B Funding to Probe AI Models’ Inner Workings

Goodfire is an AI infrastructure startup that provides tools to “decode” or inspect how AI foundation models make decisions. Its software analyzes models to identify and fix failure modes (e.g., bias, hallucinations) and improve reliability. In a new funding round, Goodfire secured $150 million in Series B financing, valuing the company at about $1.25 billion. B Capital led the round, with Menlo Ventures and Lightspeed Venture Partners joining.

Having emerged from stealth with over $209M total raised, Goodfire is one of the better-funded players in the emerging AI observability space. The fresh capital will expand the team and accelerate development of Goodfire’s model-inspection platform, which caters to enterprises deploying large AI models and needing transparency into model behavior.

Startup: Goodfire
Investors: B Capital (lead), Menlo Ventures, Lightspeed Venture Partners
Amount Raised: $150M
Total Raised: $209M
Funding Stage: Series B
Funding Date: February 5, 2026

Angitia Raises $130M in Series D Funding for Bone-Regeneration Biologics

Angitia Biopharmaceuticals is a California-based biotech developing bispecific antibodies to promote bone growth and target diseases such as osteogenesis imperfecta and osteoporosis. The company reported a $130 million Series D round, co-led by Frazier Life Sciences and Venrock. Additional participation came from Ascenta (Jim Kim’s fund), BVF Partners, Logos Capital, RA Capital, Wellington Management, and Bain Capital Life Sciences.

Angitia says this is its first outside financing since the prior $120M Series C, taking its total funding to roughly $250M. The cash will advance three of Angitia’s bone-building candidates into clinical trials. With competitors like Amgen already in this space, Angitia’s drug candidates must show the ability to build bone in tough cases (e.g., children with brittle bone disease), making the large raise an important vote of confidence from investors that its science is promising.

Startup: Angitia Biopharmaceuticals
Investors: Frazier Life Sciences and Venrock (co-leads), plus Ascenta (Jim Kim), BVF Partners, Logos, RA Capital, Wellington Management, and Bain Capital Life Sciences
Amount Raised: $130M
Total Raised: ~$250M
Funding Stage: Series D
Funding Date: February 5, 2026

X-Humanoid Raises ~$100M in State-Backed Funding Round for Industrial Robots

X-Humanoid, a Chinese robotics innovation center based in Beijing, announced it has raised over 700 million yuan (about $100 million) in its first external funding round. The Beijing Innovation Center of Humanoid Robotics, as the consortium is officially known, is backed by a collaboration of state-linked investors and industry players. The new round was led by government-affiliated funds: the Beijing Robotics Industry Fund, E-Town Capital, and the Beijing Gaojingjian Industrial Development Fund.

Strategic investors, including Chinese internet giant Baidu and industrial robotics firm Kyland Technology, also took part. X-Humanoid will use the funds to advance its Tiangong humanoid robot and its Huisi Kaiwu embodied AI platform toward real-world deployment. The group has already demonstrated robots completing a half-marathon and winning events at the World Humanoid Robot Games, and the new funding aims to help bridge prototype demos to mass production and wider commercialization.

Startup: X-Humanoid (Beijing Innovation Center of Humanoid Robotics)
Investors: Beijing Robotics Industry Development Fund, E-Town Capital, Beijing Gaojingjian Fund (co-leads); TH Capital; strategic investors Baidu and Kyland Technology
Amount Raised: ~$100M (700M CNY)
Total Raised: $100M (first funding round)
Funding Stage: Series A
Funding Date: February 5, 2026

Varaha Raises $20M in Tranche of $45M Series B Funding Round for Carbon Removal Projects

Varaha is an Indian climate-tech startup developing nature-based carbon removal projects (e.g., regenerative agriculture, biochar) on smallholder farms across South Asia. Today, the company announced it has launched a Series B round targeting ~$45 million, closing an initial $20 million tranche led by WestBridge Capital. RTP Global and Omnivore, two of Varaha’s existing backers, also participated in the round.

This brings total funding to date to roughly $25M. Varaha says it has active carbon removal deals with Microsoft, Google, and an aviation firm, and will use the new capital to scale its platform for monitoring and verifying carbon credits globally. WestBridge’s lead investment (the firm’s first in climate tech) signals strong institutional interest in Varaha’s model of building scalable, science-driven carbon removal from India, where it aims to sequester over a billion tonnes of CO₂-equivalent by 2050.

Startup: Varaha
Investors: WestBridge Capital (lead), RTP Global, Omnivore
Amount Raised: $20M (initial tranche of $45M Series B)
Total Raised: $25M+
Funding Stage: Series B
Funding Date: February 5, 2026

Tomorrow.io Raises $175M in Funding to Deploy AI-Driven Weather Satellites

Tomorrow.io (formerly ClimaCell) is a weather technology startup developing an “AI-native” satellite constellation to deliver real-time climate data. In a news release, it announced a $175 million equity financing led by Stonecourt Capital and HarbourVest. This funding will accelerate the deployment of Tomorrow.io’s DeepSky satellite network, which aims to provide minute-by-minute global weather updates for industries such as aviation, logistics, and energy.

Tomorrow.io has already launched 13 satellites, achieving a 60-minute global revisit rate, and says DeepSky will further increase coverage density and forecasting accuracy with high-frequency sensing. The round builds on earlier investments from Stonecourt, and Tomorrow.io plans to use the new capital to expand its space infrastructure and AI forecasting platform worldwide.

Startup: Tomorrow.io
Investors: Stonecourt Capital (lead), HarbourVest Partners
Amount Raised: $175M
Total Raised: $175M+
Funding Stage: Growth-stage equity financing (Series D)
Funding Date: February 5, 2026

Loop AI Raises $14M in Series A Funding for Restaurant and Retail AI Platform

Loop AI is a startup applying agentic AI workflows to the service industry. Its SaaS platform helps restaurant and retail chains manage food delivery and ordering logistics using AI agents that autonomously handle tasks such as inventory and pricing. Loop AI announced a $14 million Series A led by Nyca Partners. Nyca partner Osama Bedier joined the board as part of the deal. Other backers in the round include venture firms Base10 Capital, Afore Capital, Converge, Alumni Ventures, and Data Tech Fund.

Loop AI says it has expanded sixfold since 2024 and now serves thousands of restaurant locations across 300+ brands. The fresh funding will support product development and team growth in the U.S. and India, with the aim of automating more back-office workflows (delivery routing, pricing optimization, menu management) for its customers.

Startup: Loop AI
Investors: Nyca Partners (lead), Base10 Capital, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, Operator Studios
Amount Raised: $14M
Total Raised: $14M
Funding Stage: Series A
Funding Date: February 5, 2026

SynthBee Raises $100M to Expand Collaborative Intelligence Platform

SynthBee, founded by AI veterans including Rony Abovitz (MAKO Surgical, Magic Leap), is building a “Collaborative Intelligence” platform to help enterprises accelerate engineering and design processes with AI. The company announced it has closed $100 million in funding led by Crosspoint Capital Partners. This follows SynthBee’s prior $20M seed round and a recent $80M injection, bringing total funding to $100M.

The capital will fuel the growth of SynthBee’s CI™ platform, which integrates AI and human expertise across complex fields such as aerospace, medtech, automotive, and consumer electronics. Crosspoint, a firm focused on cybersecurity and AI, said it was impressed by SynthBee’s industry-leading customers and “new way for organizations to harness intelligence at speed”. SynthBee plans to use the money to scale operations across its key markets and continue developing its secure, high-reliability AI platform for critical engineering tasks.

Startup: SynthBee, Inc.
Investors: Crosspoint Capital Partners (lead)
Amount Raised: $100M
Total Raised: $100M
Funding Stage: Series A
Funding Date: February 4, 2026

Tech Funding Summary: Feb. 5, 2026