All Deals
July 14, 2025 - Deals
Apolink Raises $4.3 Million In Seed Round At $45 Million Valuation With Y Combinator Investment
Apolink, a Palo Alto-based space-tech startup founded by 19-year-old Onkar Singh Batra, has raised $4.3 million in an oversubscribed seed round at a $45 million valuation to build 24/7 low Earth orbit (LEO) satellite connectivity. Backed by Y Combinator, 468 Capital, Unshackled Ventures, and others, the company is tackling satellite "dead zones" with a hybrid-RF optical system that requires no onboard user terminals, aiming to launch its first demo mission in 2026 and a 32-satellite commercial constellation by 2029.
INVESTORS: Y Combinator, 468 Capital, Unshackled Ventures, Rebel Fund, Maiora Ventures, Laura Crabtree, Benjamin Bryant & Kanav Kariya
ROUND: Seed
AMOUNT: $4,300,000
VALUATION: $45,000,000
HQ: #PaloAlto #California
#VentureCapital #Apolink #OnkarSinghBatra #YCombinator #468Capital #UnshackledVentures #RebelFund #MaioraVentures #LauraCrabtree #BenjaminBryant #KanavKariya #TradedVC
More Deals
View All
SkyPilot Secures $20 Million Seed Round Led By Lux Capital For AI Compute PlatformSkyPilot, a new AI infrastructure startup co-founded by Databricks co-founder Ion Stoica, has emerged from stealth with a $20 million seed round led by Lux Capital. The company is building a cloud-agnostic AI compute platform that enables organizations to orchestrate AI workloads across hyperscalers, neoclouds, Kubernetes clusters, and various accelerator types through a unified control plane. Originally developed as an open-source project at UC Berkeley, SkyPilot aims to serve as a neutral layer for AI compute, helping teams avoid cloud vendor lock-in while optimizing access to compute resources. The funding will be used to expand product development, grow the engineering team, accelerate go-to-market efforts, and continue investing in the open-source SkyPilot framework.
FOUNDERS: Ion Stoica & Zongheng Yang
INVESTOR: Lux Capital
ROUND: Seed
AMOUNT: $20,000,000
HQ: San Francisco, California
#VentureCapital #SkyPilot #IonStoica #ZonghengYang #TradedVC
Genius AI Raises $44 Million In Series D Round Led By Lux Capital At $1.15 Billion ValuationGenius AI, a New York City-based AI company building technology that helps service businesses automate tasks like client communications, scheduling, marketing, and payments, has raised a $44 million Series D led by Lux Capital at a $1.15 billion valuation. The round also included participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, and StepStone Private Ventures, bringing the company’s total funding to more than $125 million. Led by CEO and co-founder Danielle Cohen-Shohet, Genius AI now powers more than 125,000 businesses across half of all U.S. ZIP codes, is approaching a $200 million revenue run rate, and says its platform has saved customers 112 million administrative hours while helping generate an additional $2 billion in revenue.
FOUNDERS: Danielle Cohen-Shohet & Leah Cohen-Shohet
INVESTORS: Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures & StepStone Private Ventures
ROUND: Series D
AMOUNT: $44,000,000
VALUATION: $1,150,000,000
HQ: New York City, New York
#VentureCapital #GeniusAI #TradedPartner #DanielleCohenShohet #TradedVC