Happy Friday! This free edition of The Funding Letter comes to you from our headquarters in New York City. Have a nice weekend!
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Source: @overheard_sales
Daily Deals 💸
🌎 Americas
Fireworks AI develops a generative AI platform that builds and runs AI agents and applications, enabling developers and businesses to scale at a faster rate through rapid product iteration building and minimizing cost to serve.
New Funding Raised: $1.5B, Series D
Round Investors: Atreides Management (lead), Index Ventures (lead), TCV (lead), NVIDIA
🚀Growth Focus: Expand its infrastructure for training and serving customized AI models as enterprises increasingly adopt open-source AI tailored to proprietary business data and workflows.
Press: Business Wire, SiliconANGLE
HQ: San Mateo, CA
Industry: Software Development
Employee Count: 274
Wonder develops an online platform for food delivery and restaurant services for a new kind of home dining experience, allowing users to order multiple cuisines in a single order with free delivery and access diverse food options with efficiency and convenience.
New Funding Raised: $650M, Series D
Round Investors: New Enterprise Associates, Google Ventures, Kayne Anderson Rudnick (KAR), ARK Investment Management
🚀Growth Focus: Expand its physical footprint, grow its food marketplace, and invest in robotics and AI as it scales its vertically integrated food technology platform.
Press: PR Newswire, citybiz
HQ: New York, NY
Industry: Food & Beverages
Employee Count: 10330
Spectro Cloud’s Kubernetes enterprise management platform makes complex Kubernetes environments simple and manageable, enabling businesses to deploy and manage clusters on public clouds, data centers, private clouds, bare metal, or edge.
New Funding Raised: $100M, Series D
Round Investors: Goldman Sachs Alternatives (lead)
🚀Growth Focus: Expand PaletteAI capabilities that help customers get more value from AI infrastructure by improving utilization, controlling token costs, and governing AI environments at scale.
Press: Business Wire, citybiz
HQ: San Jose, CA
Industry: Software Development
Employee Count: 307
Fora operates an AI-enabled travel advisor platform that supports planning, booking, and management of travel businesses, allowing independent travel advisors and travel entrepreneurs to operate and scale travel businesses while delivering customized trip planning and access to travel perks.
New Funding Raised: $60M, Series D
Round Investors: Forerunner (lead), Tactile Ventures (lead), Thrive Capital, Tribeca Venture Partners
🚀Growth Focus: Expand its AI assistant, Via, to help travel advisors automate administrative tasks.
Press: PR Newswire, Ventureburn
HQ: New York, NY
Industry: Technology, Information and Internet
Employee Count: 5297
Trellis Bioscience uses cellSpot technology to derive rare antibodies from healthy donor blood for infectious diseases and cancer, offering alternatives when the immune system attacks protein therapeutics, and ensuring safe, effective medical care.
New Funding Raised: $9M, Series C
Round Investors: Easton Capital, The Doctor Group, AMR Action Fund, New Science Ventures
🚀Growth Focus: Advance clinical development of Calpurbatug (TRL1068), an investigational monoclonal antibody for chronic prosthetic joint infections.
Press: PR Newswire, Dealroom
HQ: Redwood City, CA
Industry: Biotechnology Research
Employee Count: 17
Nous Research develops human-centric AI models for enhancing reasoning and adaptability in real-world applications, allowing developers to create AI systems that align with practical user experiences.
New Funding Raised: $75M, Series B
Round Investors: Robot Ventures (lead), Union Square Ventures
🚀Growth Focus: Expand Hermes’ products and business model further.
Press: TechCrunch, Dealroom
HQ: Austin, TX
Industry: Technology, Information and Internet
Employee Count: 55
RapidPulse develops medical devices for the treatment of ischemic stroke, enabling hospitals to improve outcomes in the neurovascular domain.
New Funding Raised: $48M, Series B
Round Investors: Medtronic (lead), S3 Ventures (lead), TechWald Holding S.p.A. (lead), SBI Investment
🚀Growth Focus: Support completion of its ongoing investigational device exemption study entitled thrombectomy using pulsed aspiration for reperfusion of brain occlusions, and further expansion of its patented and proprietary technology platform, which includes a full line of catheter sizes.
Press: GlobeNewswire, FinSMEs
HQ: Miami, FL
Industry: Medical Equipment Manufacturing
Employee Count: 12
ABCS Insights’s marketing insights platform measures advertising performance and improves transparency, allowing advertisers and publishers to evaluate and optimise campaign performance.
New Funding Raised: $50M, Series A
Round Investors: Volition Capital (lead)
🚀Growth Focus: Expand its executive leadership team as it seeks to redefine how brands measure marketing performance across the customer journey.
Press: PR Newswire, citybiz
HQ: Kissimmee, FL
Industry: Market Research
Employee Count: 68
Sable develops AI agents that run and explain software demos at scale, enabling sales and product teams to demonstrate software effectively and consistently.
New Funding Raised: $45M, Series A
Round Investors: 8VC (lead), Sequoia Capital (lead), Valor Atreides AI Fund, SV Angel
🚀Growth Focus: Expand operations and its development efforts.
HQ: San Francisco, CA
Industry: Artificial Intelligence
Employee Count: 50
🌍 EMEA
AdvanCell operates radiopharmaceutical therapies that treat cancer using targeted alpha-emitting radionuclides, allowing healthcare providers to access targeted cancer therapies that improve treatment outcomes.
New Funding Raised: $315M, Series D
Round Investors: Ally Bridge Group (lead), Alpha Wave Global (lead), Catalio Capital Management, Velosity Capital
🚀Growth Focus: Advance ADVC001 toward Phase 3 clinical development in metastatic prostate cancer, expand its proprietary Lead-212 platform, strengthening isotope supply and expanding U.S. manufacturing infrastructure to support Phase 3 development and future commercial demand, and accelerate AdvanCell’s growing pipeline of targeted alpha therapies.
Press: Business Wire, Yahoo Finance
HQ: Boston, MA
Industry: Biotechnology Research
Employee Count: 94
SWISSto12 manufactures satellite and radio frequency technologies that support space communication and orbital mission requirements, enabling commercial operators and government organizations to deploy space-based services with reduced development timelines and efficient payload integration.
New Funding Raised: $70M, Series C
Round Investors: [Not Disclosed]
🚀Growth Focus: Scale its manufacturing and integration capacity to meet accelerating demand from commercial and sovereign government customers.
Press: Business Wire, Ventureburn
HQ: Renens, Switzerland
Industry: Telecommunications
Employee Count: 238
Applied Computing operates as an information technology company catering to the energy, mining, manufacturing, and transportation industries, allowing businesses to have on-device artificial intelligence execution, bypassing cloud constraints and real-time adaptation to evolving conditions.
New Funding Raised: €17.4M, Series A
Round Investors: KBR (lead)
🚀Growth Focus: Support its continued international expansion, accelerate commercial deployment with global energy operators, and deepen investment in its AI research organisation.
Press: EU-Startups, Startup Rise EU
HQ: London, England
Industry: Technology, Information and Internet
Employee Count: 49
Nopan develops a payment infrastructure platform that manages account and wallet transactions for merchants and fintechs, enabling merchants and payment providers to streamline transactions, reduce overhead, improve transparency, safeguard data, and enhance profitability.
New Funding Raised: €7.2M, Seed
Round Investors: Newion (lead), Crane Venture Partners, Seedcamp
🚀Growth Focus: Expand its payment method coverage across the continent, providing merchants with broader access to local and pan-European options.
Press: Startup Researcher, EU-Startups
HQ: Amsterdam, Netherlands
Industry: Financial Services
Employee Count: 12
microagi develops AI-powered robotic automation systems, allowing businesses to deploy intelligent robots across industrial and commercial operations at scale.
New Funding Raised: $55M, Seed
Round Investors: Hummingbird Ventures (lead), Northzone, LocalGlobe, redalpine
🚀Growth Focus: Scale its data platform across global manufacturing conglomerates, fund the expansion of its newly opened research headquarters in Zurich, Switzerland, and accelerate strategic technical hiring.
Press: SiliconANGLE, FinSMEs
HQ: Munich, Germany
Industry: Robotics Engineering
Employee Count: 46
Promptwatch develops a comprehensive platform that tracks brands that are mentioned across various AI platforms and compares their visibility against competitors, enabling businesses seeking online presence to increase awareness, measure perception, and stay prominent in AI-driven discovery.
New Funding Raised: €6M, Seed
Round Investors: seed + speed Ventures (lead), Arches Capital, Blum Ventures
🚀Growth Focus: Scale AI search optimisation platform.
HQ: Amsterdam, Netherlands
Industry: Technology, Information and Internet
Employee Count: 16
Sales Gigs 🏆
⭐️Arcade (LI) is hiring Founding Enterprise AEs out of its San Francisco and NYC offices.
Bland (LI) is hiring BDRs, Mid-Market AEs, and Enterprise AEs for its SF-based team.
PointFive (LI) is hiring Enterprise AEs for its West Coast and London-based teams.
NinjaOne (LI) is hiring Enterprise Regional Sales Managers and Enterprise AEs globally.
Corgi Insurance (LI) is hiring Enterprise AEs and SDRs for its New York + SF offices.
Mecka (LI) is hiring a Director of NA Enterprise Sales for its NY-based team.
Cyera (LI) is hiring a Regional Sales Director - West, and a Commercial AE - Northeast for its SF + NYC teams.
Exa (LI) is hiring a Founding NYC AE and a Head of Sales Development for its SF/NYC-based team.
Sigma Computing (LI) is hiring remote + in-person Enterprise AEs, and Commercial AEs for its NYC-based team.
Socket (LI) is hiring Enterprise AEs and a Channel Partners Lead for its remote based team.
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