Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City.
Heads up: This newsletter is redacted, and the full version was sent to paying members hours ago.
Members receive LinkedIn/Sales Nav links for prospecting, all open sales gig postings, and in depth data points to personalize outreach.
Want to see what you're missing?
🔓 Unlock the full TFL & our Datasets (stay ahead of the competition)
🤖 Ask TFL Analyst AI ("What companies in NYC raised funding last month?")
📉 Get the Bootstrap Report (Hidden profitable companies)
Hit the Gong 🎉
Source: @sales_bant_er
Daily Deals 💸
🌎 Americas
Astranis manufactures small satellites for high-orbit deployment, serving users across defense and commercial communications sectors, enabling robust and secure satellite-based infrastructure.
New Funding Raised: $300M, Series E
Round Investors: Franklin Templeton (lead), Snowpoint Ventures (lead), Fidelity
🚀Growth Focus: Accelerate satellite production for commercial clients and scale manufacturing capacity as it prepares to support multiple U.S. government programs of record.
Press: Business Wire, Ventureburn
HQ: San Francisco, CA
Industry: Space Research and Technology
Employee Count: 510
XBOW develops an AI-powered autonomous penetration testing platform that protects applications from internal or external threats or malware, allowing bug hunters and security researchers to simulate real-world attacks and identify novel exploits.
New Funding Raised: $35M, Series C
Round Investors: DNX Ventures, NVentures, Samsung Ventures, Liberty Global Ventures
🚀Growth Focus: Support its international expansion and go-to-market efforts, particularly in Asia-Pacific markets
Press: Business Wire, citybiz
HQ: Seattle, WA
Industry: Computer and Network Security
Employee Count: 558
Corgi Insurance’s AI-powered insurance platform automates and optimizes carrier operations, enabling insurers and policyholders to access fast, data-driven coverage with improved efficiency and reduced operational costs.
New Funding Raised: $160M, Series B
Round Investors: TCV (lead), Seven Stars, Nordstar, First Order Fund
🚀Growth Focus: Support the continued expansion of its startup insurance products, including broader coverage, deeper distribution, and ongoing investment in the AI systems that power underwriting, claims, and policy operations.
Press: PR Newswire, SiliconANGLE
HQ: San Francisco, CA
Industry: Financial Services
Employee Count: 148
Astrocade develops an AI-powered social gaming platform that creates, iterates, remixes, and shares games with friends and a global community, allowing users to become creators, modify them while playing, and share the game with fellow creators and followers.
New Funding Raised: $56M, Series B
Round Investors: Sequoia Capital (lead), Dentsu Ventures
🚀Growth Focus: Expand its AI-powered interactive entertainment platform that enables users to create and play games generated with AI.
Press: Pulse 2.0, Yahoo Finance
HQ: Palo Alto, CA
Industry: Entertainment Providers
Employee Count: 28
Vori develops a point-of-sale platform that streamlines store operations and transaction management for grocery retailers, enabling independent grocers to manage operations efficiently and improve sales performance.
New Funding Raised: $22M, Series B
Round Investors: Cherryrock Capital (lead), Greylock, Factory
🚀Growth Focus: Scale its platform across additional grocery retailers as it targets one of the largest and least digitized segments in global retail.
Press: PR Newswire, citybiz
HQ: San Francisco, CA
Industry: Software Development
Employee Count: 65
Tessera Labs develops enterprise automation software and connected systems for modernization, governance, and harmonization purposes, allowing enterprises to accelerate transformation while maintaining compliance and reducing costs.
New Funding Raised: $60M, Series A
Round Investors: Andreessen Horowitz (lead), Myriad Venture Partners, Osage University Partners, Foundation Capital
🚀Growth Focus: Accelerate platform development, scale go-to-market operations, and expand its team of AI researchers and domain experts.
Press: Business Wire, Ventureburn
HQ: San Jose, CA
Industry: Software Development
Employee Count: 51
Kanvas Biosciences operates a healthcare imaging technology that brings microbiome drug discovery into focus and microbial detection, enabling researchers to create tools for their work and develop cures for infectious diseases.
New Funding Raised: $48M, Series A
Round Investors: DCVC (lead), Lions Capital (lead), Gaingels, Kicker Ventures
🚀Growth Focus: Support to conduct clinical trials for the lead drug candidate in its immuno-oncology program, KAN-001, and advance its commercial partnerships.
Press: Business Wire, citybiz
HQ: Monmouth Junction, NJ
Industry: Biotechnology Research
Employee Count: 41
Scout Space develops optical payload systems that provide space situational awareness services, allowing the space industry to track and monitor objects in space for collision avoidance and debris tracking.
New Funding Raised: $18M, Series A
Round Investors: Washington Harbour Partners (lead), Decisive Point, Noblis Ventures, Virginia Innovation Partnership Corporation
🚀Growth Focus: Support upcoming mission execution and the expansion of its manufacturing capabilities, including the buildout of a new 2,600-square-foot facility in Northern Virginia.
Press: PR Newswire, Ventureburn
HQ: Reston, VA
Industry: Defense and Space Manufacturing
Employee Count: 62
Mosh produces protein bars and nutritional products, enabling consumers to support brain health through functional, wellness-focused ingredients.
New Funding Raised: $13M, Series A
Round Investors: Main Street Advisors (lead), Great Circle Ventures, Rogers Healy, Morrison Seger Venture Capital Partners
🚀Growth Focus: Scale the brain health nutrition brand into a national grocery.
Press: PR Newswire, citybiz
HQ: Los Angeles, CA
Industry: Food and Beverage Retail
Employee Count: 50
Seedli Capital develops decentralized investment infrastructure, allowing investors to gain diversified exposure to real-world assets and AI through on-chain financial strategies.
New Funding Raised: $20M, Seed
Round Investors: Nimbus Capital (lead)
🚀Growth Focus: Accelerate its expansion into tokenized real-world assets and AI-linked digital markets.
Press: GlobeNewswire, citybiz
HQ: Miami, FL
Industry: Financial Services
Employee Count: 4
SageOx develops human-agent collaboration software that provides shared memory for human and agent teams, enabling engineering teams to trace code commits back to original technical decisions and maintain alignment without manual re-explaining.
New Funding Raised: $15M, Seed
Round Investors: Canaan Partners (lead), Pioneer Square Labs, A.Capital Ventures, Founders' Co-op
🚀Growth Focus: Further enhance the development of its product and make a small number of key hires.
Press: Business Wire, FinSMEs
HQ: Seattle, WA
Industry: Technology, Information, and Internet
Employee Count: 4
Illoca develops digital technology solutions, allowing businesses and users to streamline operations and enhance online experiences.
New Funding Raised: $13M, Seed
Round Investors: Bessemer Venture Partners (lead), Alt Venture Capital Corporation, Root Ventures, AIX Ventures
🚀Growth Focus: Expand operations and its development efforts.
Press: Yahoo Finance, FinSMEs
HQ: San Ramon, CA
Industry: Software Development
Employee Count: 17
🌍 EMEA
CellCentric operates a clinical-stage cancer therapy biotechnology company that focuses on novel drug development for specific cancers, enabling users to treat specific cancers, notably relapsed refractory multiple myeloma.
New Funding Raised: $220M, Series D
Round Investors: Venrock Healthcare Capital Partners (lead), HBM Healthcare Investments, Fidelity, Sofinnova Partners
🚀Growth Focus: Advance inobrodib through registration-enabling studies, including continued enrollment in the Phase 2 DOMMINO-1 trial underway in the U.K. and U.S.
Press: Business Wire, citybiz
HQ: Little Chesterford, England
Industry: Biotechnology
Employee Count: 53
Nyobolt builds electric battery technology that serves automotive applications, allowing the automotive industry to get batteries for high-power applications.
New Funding Raised: $60M, Series C
Round Investors: Symbotic (lead), Scania Invest, Latitude, IQ Capital
🚀Growth Focus: Accelerate development of energy systems for autonomous machines, physical AI applications, and AI data centers.
Press: Pulse 2.0, Business Wire
HQ: Impington, England
Industry: Energy Technology
Employee Count: 121
Ethos develops human intelligence research and relationship-building software that facilitates more effective business interactions and decision-making, enabling professionals and organizations to identify key stakeholders, understand business contexts, and improve outcomes in hiring, sales, and deal-making.
New Funding Raised: $22.75M, Series A
Round Investors: Andreessen Horowitz (lead), Evantic Capital, XTX Ventures, Common Magic
🚀Growth Focus: Develop its AI agent and expand its global network, while scaling partnerships with AI labs and enterprise clients.
Press: Yahoo Finance, TechCrunch
HQ: London, England
Industry: Technology, Information, and Internet
Employee Count: 14
Sales Gigs 🏆
⭐️Resolve.ai (LI) is hiring Enterprise AEs and Solutions Engineers for its NYC and SF-based teams.
Expo (LI) is hiring a fully remote Account Executive and a Technical Inside Sales role for its US-based team.
Cognichip (LI) is hiring a VP of Sales and Sales Director for its Redwood City based team.
Coder (LI) is hiring a remote Cloud Partner Sales Manager for its US-based team.
Replit (LI) is hiring Enterprise AEs for its NYC and Foster City (Bay Area) based teams.
Legora (LI) is hiring Mid-Market & Enterprise GTM Managers across the US.
Nimble (LI) is hiring Enterprise AEs for its NYC and West Coast teams, as well as a RevOps leader and BDRs, based in NYC.
Encord (LI) is hiring AEs for its London and SF-based teams, as well as a BDR Manager for its SF-based team.
Braintrust (LI) is hiring tons of sales roles, including Strategic, Commercial, and Enterprise AEs across all regions of the US.
Render (LI) is hiring a remote Enterprise AE and Strategic Account Manager for its SF-based team.
How valuable was today's email?
📬 Questions? Feedback? Email us at [email protected]! We incorporate all user feedback into our product. Nothing is off-limits.
