All Deals
April 9, 2025 - Deals
Brinc Raises $75 Million In Funding Led By Index Ventures For Drone Development
Brinc, a Seattle-based drone startup founded in 2017 by 25-year-old Blake Resnick, has raised $75 million in new funding led by Index Ventures, bringing its total funding to $157.2 million. Resnick, who dropped out of college and briefly interned at DJI before founding Brinc, is positioning the company at the forefront of U.S.-made public safety drones amid tightening restrictions on Chinese drone tech. Brinc, which previously raised a $55 million Series B in 2022 and was last valued at $300 million, counts OpenAI CEO Sam Altman among its early investors. The latest round also includes a strategic alliance with Motorola Solutions to integrate Brinc drones directly into 911 call centers, allowing emergency drones to be dispatched in real time.
INVESTORS: Index Ventures, Motorola Solutions, Mike Volpi & Dylan Field
AMOUNT: $75,000,000
HQ: #Seattle #Washington
#VentureCapital #Brinc #BlakeResnick #IndexVentures #MotorolaSolutions #MikeVolpi #DylanField #TradedVC
More Deals
View All
Blank Street Raises $105 Million In Series B Funding Led By General AtlanticBrooklyn-based coffee chain Blank Street has raised $105 million in new funding, including a $75 million Series B led by General Atlantic and $30 million in secondary capital, valuing the company at about $650 million. The six-year-old chain, which now operates more than 100 locations, will use the fresh capital to expand into affluent parts of California, including Beverly Hills, West Hollywood and Malibu, as it broadens beyond its coffee-focused roots into an all-day brand centered on coffee, matcha, snacks and ice cream.
FOUNDERS: Issam Freiha & Vinay Menda
INVESTORS: General Atlantic, Left Lane Capital, General Catalyst & Tiger Global
ROUND: Series B
AMOUNT: $105,000,000
VALUATION: $650,000,000
HQ: Brooklyn, New York
#VentureCapital #BlankStreet #IssamFreiha #VinayMenda #TradedVC
Micron Technology Launches $250 Million Venture Fund To Support AI StartupsMicron Technology has launched a $250 million Micron Ventures Paradigm Fund, its third and largest venture fund, bringing its total venture capital commitment to $550 million. The fund will back startups across AI model architecture, data infrastructure, in-memory computing, networking, enterprise AI and robotics, alongside Micron’s separate $10 billion, decade-long research initiative modeled after Bell Labs; CEO Sanjay Mehrotra announced both efforts as part of the company’s push to make memory a core pillar of AI infrastructure.
FOUNDERS: Ward Parkinson, Joe Parkinson, Dennis Wilson and Doug Pitman
AMOUNT: $250,000,000
HQ: Boise, Idaho
#VentureCapital #MicronTechnology #MicronVenturesParadigmFund #TradedVC
Mantel Capture Raises $18 Million In Series A Extension Led By CEO Cameron HallidayMantel Capture has raised $18 million in a Series A extension, CEO Cameron Halliday, bringing fresh capital to its carbon capture technology. The company plans to raise between $50 million and $200 million next year, signaling plans for a significant expansion, though it has not disclosed the investors in the latest round or how the new funding will be deployed.
FOUNDERS: Cameron Halliday, Danielle Colson, Sean Robertson, T. Alan Hatton & Takuya Harada
ROUND: Series A
AMOUNT: $18,000,000
HQ: Cambridge, Massachusetts
#VentureCapital #MantelCapture #CameronHalliday #TradedVC