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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

Cape operates a privacy-first mobile carrier that protects users' data security and provides reliable mobile service, enabling users to prioritize their security while enjoying seamless communication and connectivity.

New Funding Raised: $100M, Series C

Round Investors: Bain Capital Ventures (lead), IVP (lead), 137 Ventures, Definition

🚀Growth Focus: Support to power private and secure mobile connectivity for enterprises, government, and consumers.

HQ: Arlington, VA

Industry: Telecommunications

Employee Count: 41

Eclypsium develops a security platform that allows teams to gain instant access to the below-the-operating system attack surface and implement critical security controls for critical software, firmware, and hardware in enterprise infrastructure, allowing users to ensure device integrity and mitigate risks.

New Funding Raised: $25M, Series C

Round Investors: Peak 6 (lead), Madrona, Pavilion Capital, Ten Eleven Ventures

🚀Growth Focus: Accelerate leadership in supply chain security for its infrastructure.

HQ: Portland, OR

Industry: Computer and Network Security

Employee Count: 16

Dash0 provides an observability software that simplifies open telemetry collector configuration with its intuitive visual editor so that managing data collection becomes effortless and free, enabling users to increase their observability landscape.

New Funding Raised: $110M, Series B

Round Investors: Balderton Capital (lead), T.Capital, July Fund, DIG Ventures

🚀Growth Focus: Accelerate development of the Agent0 platform, expand its library of autonomous agents, and build on the core engineering roadmap.

HQ: New York, NY

Industry: Software Development

Employee Count: 130

Doctronic operates a healthcare AI platform that provides an AI doctor that analyzes health data and answers medical questions, and offers integration with video visits with licensed doctors for prescriptions and referrals, allowing users to get accurate and personalized medical guidance.

New Funding Raised: $40M, Series B

Round Investors: Abstract (lead), Lightspeed Venture Partners (lead)

🚀Growth Focus: Expand into pediatrics and generate further partnerships with academic institutions, payers, digital health platforms, and hospital systems.

HQ: New York, NY

Industry: Technology, Information, and Internet

Employee Count: 45

Posh has developed an event management and ticketing platform that offers white-labeled event pages, a promoter management system, attendee segmenting, integrated customer relationship management, AI-controlled ticket tiers, and short message service tools, enabling users to organize and manage events.

New Funding Raised: $37M, Series B

Round Investors: FirstMark (lead), Goodwater Capital, EPIC Ventures, Causeway ventures

🚀Growth Focus: Expand its business and compete more effectively against other startups in the digital events industry.

HQ: New York, NY

Industry: Social Networking Platforms

Employee Count: 28

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Assiduus Global provides e-commerce acceleration services that enable brands to expand across global digital marketplaces, allowing consumer brands to manage online sales channels and improve operational efficiency.

New Funding Raised: $25M, Series B

Round Investors: Bajaj Finserv (lead), Vikash Agarwal, Uncorrelated Ventures, Aaruha Technology Fund

🚀Growth Focus: Deepen AI and data capabilities, including predictive demand, pricing intelligence, and working-capital optimisation.

HQ: Atlanta, GA

Industry: Technology, Information, and Internet

Employee Count: 101

Gimlet Labs develops a cloud platform for AI processing that streamlines the deployment and management of complex agent-based workloads, enabling users to efficiently deploy, manage, and monitor demanding generative and edge AI applications.

New Funding Raised: $80M, Series A

Round Investors: Menlo Ventures (lead), Triatomic Capital, Prosperity7 Ventures, Eclipse

🚀Growth Focus: Expand its team and grow its inference cloud to meet the rapidly growing demand for faster inference.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 24

Oryon Cell Therapies operates a biopharmaceutical company that uses autologous cell therapy for the development of regenerative medicine to fundamentally restore normal motor function, allowing patients to recover from Parkinson's disease.

New Funding Raised: $21M, Series A

Round Investors: Neuro.VC, Byers Capital

🚀Growth Focus: Support to fight Parkinson's disease.

HQ: Belmont, MA

Industry: Biotechnology Research

Employee Count: 10

Dimer Health operates a post-acute care platform that helps patients recover safely and comfortably at home after they leave the hospital, enabling patients to receive care from a team of experienced medical professionals via video, phone, or text.

New Funding Raised: $13.5M, Series A

Round Investors: Team8 (lead), TechAviv, Bill Ackman’s family office, Table Management

🚀Growth Focus: Deepen partnerships with health systems and payors, enhance its predictive analytics and workflow automation, and modernize legacy discharge processes.

HQ: Florham Park, NJ

Industry: Hospitals and Health Care

Employee Count: 44

Novaworks.ai operates a video generator platform that delivers AI-generated trailers as an end-to-end service for video on demand and over-the-top or mass marketing, allowing users to create stellar videos, cut, trim, and collage their clips hassle-free.

New Funding Raised: $8M, Seed

Round Investors: Stalwart Ventures (lead), ServiceNow Ventures, Bell Ventures

🚀Growth Focus: Reinvent enterprise workforce management with agentic AI.

HQ: Los Gatos, CA

Industry: Technology, Information, and Internet

Employee Count: 11

Hamilton AI provides an AI software that features the ability to source charters, handle payments, track trips, and much more, enabling charter brokers, operators, and users with real-time insights into route spot pricing and the market.

New Funding Raised: $7.5M, Seed

Round Investors: TTV Capital (lead), Bling Capital, FJ Labs, Correlation Ventures

🚀Growth Focus: Accelerates deployment of the first deterministic AI execution platform.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 9

Health Universe provides a machine learning healthcare tool that analyzes large amounts of medical data and makes more accurate predictions about patient health, allowing physicians to make more informed decisions about diagnoses and treatments.

New Funding Raised: $6M, Seed

Round Investors: Kleiner Perkins (lead), Susa Ventures, Oncology Ventures, Twelve Below

🚀Growth Focus: Integrate AI agents into healthcare organizations.

HQ: San Francisco, CA

Industry: Technology, Information, and Internet

Employee Count: 20

PADO develops an AI-powered energy management platform with the purpose of optimizing power consumption and operational efficiency in data centers, enabling users to significantly reduce electricity costs and minimize carbon footprints.

New Funding Raised: $6M, Seed

Round Investors: NovaWave Capital (lead), LG Nova

🚀Growth Focus: Support to supercharge the delivery of software and solutions focused on the mid-market colocation data center segment.

HQ: Malibu, CA

Industry: Data Infrastructure and Analytics

Employee Count: 11

Respan operates a large language model evaluation and dynamic routing platform that allows users to build scalable AI applications with dynamic LLM routing, allowing clients to generate content, document summaries, and perform textual analysis.

New Funding Raised: $5M, Seed

Round Investors: Y Combinator, Alpen Capital, XiaoXiao Fund, Hat-Trick Capital

🚀Growth Focus: Enhance the platform's capabilities and extend its reach to more AI teams globally.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 11

🌍 EMEA

JAAQ builds an AI-based platform that aims to combat the issue of lack of access to specialist mental health services information, enabling customers to connect with mental health experts and access resources on a variety of mental health conditions.

New Funding Raised: €15M, Series A

Round Investors: Fuel Ventures, Meridian Health Ventures, Guinness Ventures, Bolt Angels

🚀Growth Focus: Accelerate enterprise partnerships, deepening clinical infrastructure, and expanding into US markets.

HQ: London, England

Industry: Mental Health Care

Employee Count: 67

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