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Good Morning! This free edition of The Funding Letter comes to you from our headquarters in New York City.

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🌎 Americas

ANEUVO provides emerging bioelectronic medicine for innovative disease and injury treatment, enabling patients to get cured through traditional pharmaceutical approaches.

New Funding Raised: $22M, Series C

Round Investors: CATCHER TECHNOLO RG (lead)

🚀Growth Focus: Support the next phase of growth as it expands manufacturing capabilities, strengthens quality systems, and advances regulatory initiatives for its ExaStim Stimulation System.

HQ: Los Angeles, CA

Industry: Medical Equipment Manufacturing

Employee Count: 22

Lyzr AI develops an agent infrastructure platform for building reliable AI Agents for data analysis and decision-making purposes, allowing businesses to extract valuable insights from large datasets, optimize operations, and enhance strategic planning across various industries.

New Funding Raised: $14.5M, Series A

Round Investors: Accenture (lead), Rocketship.vc, Firstsource, Benhamou Global Ventures

🚀Growth Focus: Fuel global expansion for its enterprise AI agent platform.

HQ: Jersey City, NJ

Industry: Technology, Information, and Internet

Employee Count: 139

Mega develop an AI-powered SEO automation platform, enabling businesses to manage analytics, optimization recommendations, content planning, and content creation in a single system.

New Funding Raised: $11.5M, Series A

Round Investors: Goodwater Capital (lead), SignalFire, Kearny Jackson, Andreessen Horowitz

🚀Growth Focus: Expand its AI-driven marketing infrastructure with new capabilities including email marketing, outbound campaigns, organic social media, lead qualification, sales operations, and performance reporting.

HQ: Brooklyn, NY

Industry: Marketing Services

Employee Count: ~10

Yourco develops an SMS-based employee application that increases on-campus recruitment for talent acquisition teams, allowing workers to eliminate the time spent doing manual data entry.

New Funding Raised: $6M, Series A

Round Investors: High Alpha (lead)

🚀Growth Focus: Launch frontline intelligence to turn deskless workforce data into real-time business insights.

HQ: Chicago, IL

Industry: Software Development

Employee Count: 24

Dify’s LLM application development platform builds and manages AI-powered apps, enabling users with production-ready AI application development.

New Funding Raised: $30M, Seed

Round Investors: HSG (lead), NYX Ventures, 5Y Capital, Mizuho Leaguer Investment

🚀Growth Focus: Accelerate its 2026 roadmap, integrate agent capabilities into the core product experience, build a dedicated enterprise product team focused on performance and compliance, launch new initiatives to support the builder community, and deliver product updates.

HQ: Menlo Park, CA

Industry: Technology, Information, and Internet

Employee Count: 98

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Zodl develops crypto technologies that provide equal access to economic systems and give everyone the ability to participate in economic activity, allowing investors and consumers to conduct safer transactions.

New Funding Raised: $25M, Seed

Round Investors: Mert Mumtaz, Winklevoss Capital, Haseeb Qureshi, a16z crypto

🚀Growth Focus: Expand its work on privacy-focused blockchain technology and support protocol work, wallet growth, and privacy-preserving infrastructure.

HQ: Dallas, TX

Industry: Software Development

Employee Count: 4

Axiomatic AI operates an AI model that accelerates engineering workflows through rigorous verification across photonics, electronics, thermal, mechanics, and signal domains, enabling businesses to combine reinforcement learning and large language models to streamline end-to-end prototype development.

New Funding Raised: $18M, Seed

Round Investors: Engine Ventures (lead), Global Vision Capital, Big Sur Ventures, Liquid 2 Ventures

🚀Growth Focus: Support enterprise expansion and deeper integration into science and engineering workflows.

HQ: Cambridge, MA

Industry: Technology, Information, and Internet

Employee Count: 32

Crafting develops a cloud development environment platform that provides a complete developer environment on the cloud for multi-service apps, allowing users to develop and test applications in a production-like environment, without having to worry about managing and maintaining infrastructure.

New Funding Raised: $5.5M, Seed

Round Investors: Mischief (lead), Andy Manoske, Arash Ferdowsi, Gokul Rajaram

🚀Growth Focus: Build AI-driven engineering infrastructure.

HQ: San Francisco, CA

Industry: Information Services

Employee Count: 31

Denki develops an AI-based auditing platform that complies with financial regulations, enabling audit and assurance professionals to reduce manual workload, increase coverage of tested items, and improve consistency of audit processes.

New Funding Raised: $4.1M, Seed

Round Investors: Base10 Partners (lead), Shine Capital (lead), The Twenty Minute VC, Y Combinator

🚀Growth Focus: Develop its platform and expand its business reach.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 2

Advocacy’s AI-powered litigation intelligence platforms support legal research, drafting, and case analysis, allowing litigation teams to organize case information and generate legal insights using AI-driven case intelligence.

New Funding Raised: $3.5M, Seed

Round Investors: Relentless, Relativity (lead), Fenwick & West

🚀Growth Focus: Expand its platform designed specifically for litigation teams.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 28

🌍 EMEA

Nscale develops AI infrastructure that supports organizations running large computing workloads, helping organizations access the computing capacity required for AI and high-performance workloads.

New Funding Raised: $2B, Series C ($14.6B Valuation)

Round Investors: 8090 Industries (lead), Aker (lead), Lenovo, Nokia

🚀Growth Focus: Accelerate its global expansion, with projects planned across Europe, North America, and Asia as demand for AI compute continues to surge.

HQ: London, England

Industry: Technology, Information, and Internet

Employee Count: 354

Isembard develops modular manufacturing units for the production and repair of high-precision metal and composite parts, enabling aerospace and maritime sectors to access sustainable manufacturing capabilities.

New Funding Raised: $50M, Series A

Round Investors: Union Square Ventures (lead), IQ Capital, Matt Briers, CIV

🚀Growth Focus: Accelerate the rollout of AI-powered manufacturing facilities focused on high-precision components for aerospace, defense, energy, and robotics customers.

HQ: London, England

Industry: Manufacturing

Employee Count: 22

Qevlar AI operates an agentic AI security operations center platform that automates and deepens security investigations, allowing security operations teams and managed security service providers to identify real threats, improve investigation consistency, and strengthen incident response.

New Funding Raised: $30M, Series A

Round Investors: Forgepoint Capital (lead), Partech (lead)

🚀Growth Focus: Accelerate development of its autonomous AI SOC platform, helping SOCs leverage insights from alert investigations for measurable security posture improvement.

HQ: Paris, France

Industry: Computer and Network Security

Employee Count: 52

Cellbox Solutionsoperates a biotechnology logistics company that safely transports living cells and biological samples between labs, hospitals, and research facilities, ensuring quality and functionality.

New Funding Raised: €3.5M, Series A

Round Investors: Companisto (lead), NRW.BANK

🚀Growth Focus: Accelerate global expansion of its warm-chain logistics technology for transporting living cells under controlled physiological conditions.

HQ: Cologne, Germany

Industry: Biotechnology Research

Employee Count: 20

ILS develops digital side letter management solutions, allowing investment firms to manage, track, and organize fund side letter agreements efficiently.

New Funding Raised: $3M, Seed

Round Investors: Chicago Ventures (lead)

🚀Growth Focus: Support the expansion of the ProVision platform, allowing the team to fulfill an ambitious roadmap for 2026.

HQ: London, England

Industry: Software Development

Employee Count: 16

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