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

Hit the Gong 🎉

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Daily Deals 💸

🌎 Americas

Joulent develops large-scale baseload energy solutions, enabling AI infrastructure and industrial facilities to access reliable, cost-effective power for high-demand computing and manufacturing operations.

New Funding Raised: $1.75B, Venture - Series Undisclosed

Round Investors: National Grid Ventures (lead)

🚀Growth Focus: Advance its high-voltage project pipeline, fund modular generation infrastructure, scale its technical capabilities, and expand its engineering workforce to meet AI data center electricity demand.

HQ: Houston, TX

Industry: Electric Power Generation

Employee Count: 18

LeapXpert’s digital communications governance and archiving platform enables secure, compliant enterprise communication, allowing enterprises to maintain regulatory compliance and improve employee collaboration.

New Funding Raised: $180M, Venture - Series Undisclosed

Round Investors: Riverwood Capital (lead), Portage Ventures

🚀Growth Focus: Support to deepen its platform’s conversational intelligence capabilities, accelerate enterprise sales across the public sector and Forbes Global 2000 markets, and expand its senior leadership team.

HQ: New York, NY

Industry: Software Development

Employee Count: 183

TJM Labs develops pharmacy automation software that automates repetitive operational tasks, enabling pharmacies to automate prescription intake, data entry, refill management, patient communication, and appointment scheduling.

New Funding Raised: $75M, Series B

Round Investors: Elephant (lead), Updata Partners, Arthur Ventures

🚀Growth Focus: Expand operations and its development efforts.

HQ: Bear, DE

Industry: Technology, Information and Internet

Employee Count: 74

Qolab develops quantum computing hardware that enables scalable, high-performance quantum systems, allowing research institutions and technology companies to translate experimental advances in quantum computing into commercially viable computing applications.

New Funding Raised: $54.2M, Series B

Round Investors: UC Investments (lead), Phoenix Venture Partners, Wisconsin Alumni Research Foundation, Octave Ventures LLC

🚀Growth Focus: Support its continued development of scalable superconducting quantum computing technologies, expansion of strategic semiconductor collaborations, and acceleration of its target toward fault-tolerant quantum computing.

HQ: Los Angeles, CA

Industry: Computer Hardware Manufacturing

Employee Count: 15

LinqAlpha operates an AI research workflow platform that supports investment research and analysis for institutional investors, enabling buy-side and sell-side investment teams to evaluate securities, monitor developments, and support investment decision-making.

New Funding Raised: $22M, Series A

Round Investors: Atinum Partners (lead), AVP (lead), GFT Ventures (lead), Betatron Venture Group

🚀Growth Focus: Expand its global team, deepen integrations across market and alternative datasets, and accelerate the deployment of its multi-agent platform across equities, macro, credit, and multi-asset strategies.

HQ: New York, NY

Industry: Financial Services

Employee Count: 37

Luxonis develops AI-powered embedded vision systems that enable real-time depth perception and spatial awareness for machines, allowing robotics, automation, and industrial clients to deploy intelligent perception systems with low-latency, on-device inference, and three-dimensional environmental understanding.

New Funding Raised: $14M, Series A

Round Investors: Denali Growth Partners (lead), Taiwania Capital Management Corporation

🚀Growth Focus: Accelerate commercial expansion, advance the product roadmap, and scale production of its OAK camera platform.

HQ: Denver, CO

Industry: IT Services and IT Consulting

Employee Count: 87

KredosAI develops a fintech platform that improves payment outcomes by utilizing generative AI trained on domain-specific knowledge, enabling companies to reduce delinquency rates and enhance revenue recovery.

New Funding Raised: $7M, Series A

Round Investors: BMW i Ventures (lead), SaaS Ventures, Motley Fool Ventures, Okapi Venture Capital

🚀Growth Focus: Accelerate growth of its AI-powered collections platform, expand into new financial services markets, and enhance its behavioral intelligence technology as enterprises seek more effective ways to recover overdue payments without damaging customer relationships.

HQ: Bellevue, WA

Industry: Technology, Information and Internet

Employee Count: 20

Celea Therapeutics operates as a healthcare company for the treatment of respiratory conditions, allowing healthcare providers to address the limitations of existing treatments through stabilized lung function, reduced adverse effects, and optimized dosing for chronic disease management.

New Funding Raised: $180M, Private Equity

Round Investors: RA Capital Management, Leaps by Bayer

🚀Growth Focus: Support the planned early Q3 2026 initiation of SURPASS-IPF, a Phase 3 trial evaluating deupirfenidone.

HQ: Boston, MA

Industry: Biotechnology Research

Employee Count: 50

🌍 EMEA + Australia

Quantum Systems develops commercial unmanned aerial systems for aerial survey and three-dimensional reconstruction, enabling businesses to optimize decision-making through aerial data.

New Funding Raised: $1.2B, Series D

Round Investors: Advent International (lead), Airbus Defence & Space (lead), Blackstone Group (lead), Noteus Partners (lead)

🚀Growth Focus: Accelerate the transition from individual uncrewed platforms to an interoperable family of systems connected through MOSAIC UXS, its software ecosystem for uncrewed systems.

HQ: Gilching, Germany

Industry: Robotics Engineering

Employee Count: 615

geoSurge’s generative engine optimization platform helps organizations manage and improve their brand representation within AI systems, allowing brands and agencies to measure AI-generated brand visibility and improve representation across large language models.

New Funding Raised: $12M, Seed

Round Investors: AlbionVC (lead), Signal AI, Boost Capital Partners, Celero Ventures

🚀Growth Focus: Accelerate development of Corpus Engineering and its broader AI visibility capabilities as demand from enterprise organizations continues to grow.

HQ: London, England

Industry: Software Development

Employee Count: 18

THEA-AI LTD powers B2B clients across risk markets, leveraging AI to increase gross revenue, reduce customer acquisition costs, and strengthen lifetime customer value.

New Funding Raised: $8M, Seed

Round Investors: Fisher8 Capital, Maven 11 Capital, The Spartan Group, Manifold Capital Partners

🚀Growth Focus: Expand its operational AI infrastructure and an on-chain coordination layer anchored to Solana.

HQ: London, England

Industry: Technology, Information and Internet

Employee Count: 3

HousApp develops real estate management software that automates administrative tasks for real estate professionals, allowing real estate agencies to manage communications and appointments.

New Funding Raised: €4.3M, Seed

Round Investors: Antler (lead), Arches Capital (lead)

🚀Growth Focus: Accelerate product development, expand its engineering team, and support growth as it continues to automate property transaction workflows.

HQ: Amsterdam, Netherlands

Industry: Software Development

Employee Count: 15

Fluent develops a high-bandwidth brain-computer interface for translating speech to text, enabling individuals and healthcare markets to access safe, reliable, and advanced neural communication.

New Funding Raised: $2M, Seed

Round Investors: David Graydon, Founders Factory, Genesis Pre-Seed Fund, Jumpspace Ventures

🚀Growth Focus: Accelerate the transition from promising research to tangible clinical applications.

HQ: Melbourne, Australia

Industry: Biotechnology Research

Employee Count: 2

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