Top News

Nikola Corp, the electric truck startup once valued at $30 billion after a SPAC, filed for bankruptcy.

Shortly after ending its OpenAI agreement, Figure debuted a new Vision-Language-Action model to control its humanoid robots.

Pre-Seed fund Afore Capital raised a $185 million fourth fund.

Timeline

Massive Fundings

Saronic Technologies, a 3-year-old Austin, TX startup that produces unmanned military boats, raised a $600.0 million Series C led by Elad Gil and General Catalyst with participation from Andreessen Horowitz, 8VC, and Caffeinated Capital. More here.

Augury, a 14-year-old New York, NY startup that provides a malfunction detection platform for factory machines, raised a $75.0 million Series F led by Lightrock with participation from Insight Venture Partners, Eclipse, Qualcomm Ventures, SE Ventures, and Qumra Capital. More here.

Mid-Size Fundings

Spore.Bio, a 3-year-old Paris, France startup that provides microbiology testing for food, beverage, cosmetic and pharmaceuticals, raised a $23.0 million Series A led by Singular with participation from Point72 Ventures, 1st Kind Ventures, Station F, Lord David Prior, LocalGlobe, No Label Ventures, and Famille C. More here.

Karman+, a 3-year-old Denver, CO startup that produces autonomous asteroid-mining spacecraft, raised a $20.0 million Seed led by Plural and Hummingbird with participation from HCVC and Kevin Mahaffey. More here.

Valar Atomics, a 2-year-old Wilmington, DE startup that produces small modular nuclear reactors, raised a $19.0 million Seed led by Riot Ventures with participation from AlleyCorp, Initialized Capital, Day One Ventures, and Steel Atlas. More here.

Accure Battery Intelligence, a 5-year-old Aachen, Germany startup that provides a battery monitoring platform, raised a $16.0 million Series B led by Incharge Capital Partners with participation from BlueBear Capital, HSBC Asset Management, Riverstone Holdings, Capnamic, and 42CAP. More here.

Nodes & Links, a 7-year-old Cambridge, UK startup that provides AI-powered construction project management, raised a $13.7 million Series B led by ETF Partners with participation from SFC and Uncorrelated. More here.

Fyteko, an 11-year-old Brussels, Belgium startup that produces biomolecules to increase crop yield, raised a $13.5 million Series B led by Crédit Mutuel Impact with participation from SFPIM, Supernova Invest, IMBC, finance&invest.brussels, EIT Food, and Innovation Fund. More here.

Imperia, a 6-year-old Valencia, Spain startup that provides supply chain management software, raised a $10.5 million Series A led by Burda Principal Investments and Samaipata. More here.

ElectronX, a 3-year-old Chicago, IL startup that provides a renewable energy trading marketplace, raised a $10.0 million financing led by Systemiq Capital with participation from Equinor Ventures, Shell Ventures, and Innovation Endeavors. More here.

MarketLeap, a 3-year-old Luxembourg startup that provides an AI-powered platform for DTC commerce, raised an $8.3 million Series A led by Smedvig Ventures with participation from Expon Capital and Motier Ventures. More here.

Fetii, a 5-year-old Austin, TX startup that provides a rideshare platform for large groups, raised a $7.4 million Seed from Mark Cuban with participation from Y Combinator and Goodwater Capital. More here.

IBI-Ag, an 8-year-old Misgav, Israel startup that produces environment-friendly pest resistance technology, raised a $6.1 million Series A led by Corteva with participation from Trendlines Group, Iron Nation, Consensus Business Group, and Israel Innovation Authority. More here.

Smaller Fundings

Leajlak, a 5-year-old Riyadh, Saudi Arabia startup that provides a logistics marketplace connecting merchants and logistics providers, raised a $2.6 million Seed from undisclosed investors. More here.

Boxful, a 2-year-old San Salvador, El Salvador startup that provides an eCommerce fulfillment platform, raised a $1.9 million Pre-Seed from Innogen Capital, Carao Ventures, Caricaco Ventures, GAIN, Angel Hub, and Yango Group. More here.

Gaia Dynamics, an 8-year-old Palo Alto, CA startup that provides AI-powered global trade compliance, raised a $1.5 million Pre-Seed led by AI Fund and Zenda VC. More here.

Freight Hero, a 2025-founded Palo Alto, CA startup that provides AI-powered brokerage operations, raised an undisclosed Pre-Seed from Dynamo Ventures and AI Fund. More here.

Exits

Wheeler Fleet Solutions, a 4-year-old Somerset, PA startup that provides aftermarket parts distribution for heavy-duty fleets, was acquired in a $230.0 million acquisition by One Equity Partners. More here.

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-Greg