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August 19, 2026 - Deals
Asymm Secures $51 Million Investment From Khosla Ventures Interlagos Cantos AE Industrial Partners Hillspire Mantis Space Capital
Asymm has raised $51 million to build the foundation for a more stable world, with the round backed by Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis and Space Capital. Announcing the raise, the company said "Peace is possible" and framed the funding as the start of a broader effort, with more announcements expected to follow.
INVESTORS: Khosla Ventures, Interlagos, Cantos, AE Industrial Partners, Hillspire LLC, Mantis & Space Capital
AMOUNT: $51,000,000
#VentureCapital #Asymm #TradedVC
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Aptera Motors Partners With Launch Design For $44 Million Production ProgramAptera Motors, the solar electric vehicle startup, has partnered with Shanghai-based Launch Design on a production program valued at up to $44 million to support the company’s first customer-bound vehicles. The agreement covers assembly tooling, vehicle testing, pilot production and future manufacturing, with the first 40 production vehicles targeted for delivery in late 2026. Launch will cover roughly one-third of program costs through warrants for up to about $15 million in Aptera stock, while Aptera Co-CEO Chris Anthony said the partnership will bring manufacturing expertise and supply-chain capabilities without adding significant capital burdens. Co-CEO Steve Fambro added that Launch’s global footprint could help support future expansion beyond the U.S.
FOUNDERS: Steve Fambro & Chris Anthony
VALUATION: $44,000,000
HQ: Carlsbad, California
#VentureCapital #ApteraMotors #LaunchDesign #TradedVC
Vessev Secures $19 Million Series A Funding Led By Blackbird Ventures For Electric Hydrofoil ExpansionNew Zealand-based electric hydrofoil maker Vessev has raised $19 million in a Series A and follow-on financing round to accelerate production of its VS-9 vessel line, expand its global team, and support plans to manufacture in the United States. The round was led by Blackbird Ventures, with participation from new investors GD1 and Rypples alongside existing backers K1W1, Icehouse Ventures, Shasta Ventures, and NZVC. The company, led by co-founder and CEO Eric Laakmann, is entering the U.S. market with FlyTahoe as its first American customer and plans demonstrations in New York City, Washington D.C., and Lake Tahoe as it expands sustainable electric water transit.
FOUNDERS: Max Olson & Eric Laakmann
INVESTORS: Blackbird Ventures, GD1, Rypples, K1W1, Icehouse Ventures, Shasta Ventures & NZVC
ROUND: Series A
AMOUNT: $19,000,000
HQ: Auckland, New Zealand
#VentureCapital #Vessev #MaxOlson #EricLaakmann #TradedVC