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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
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View AllPrice.com And Grifin Collaborate To Connect Cashback And Investing For MembersPrice.com and Grifin have partnered to connect cashback with investing, allowing users to automatically invest the cashback they earn into stocks of the brands they already shop from.
Under the partnership, Price.com Pro and Grifin members receive each other’s premium memberships at no additional cost (a value of over $100/year each).
✅ Unlimited cashback and savings at 100,000+ stores with Price.com
✅ Transfer your cashback into Grifin and invest in thousands of public companies starting with as little as $1
✅ Enjoy additional exclusive member benefits and offers across both platforms
Cashback earned through Price.com can be transferred into Grifin accounts and used to purchase stocks starting at $1, with users retaining full control over their investment choices.
The collaboration aims to bridge saving and investing by turning everyday purchases into opportunities for stock ownership.
FOUNDERS:
Price.com: RJ Jain (Founder & CEO)
Grifin: Aaron Froug & Bo Starr
HQ:
Price.com: Los Angeles, California
Grifin: Tampa, Florida
#Fintech #AI #Investing #Pricecom #TradedVC
Singularity Secures $80 Million Series A Funding At $400 Million ValuationSingularity, a Los Angeles-based defense technology company, has launched with an $80 million Series A funding round at a $400 million valuation. The financing was led by Khosla Ventures and Felicis, with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, and several prominent leaders from industry, the military, and Congress. Led by Co-Founder and CEO Jack Oswald and COO Shail Giroux, Singularity is focused on deploying counter-weapons at the scale, speed, and cost required by modern defense needs. Its manufacturing team, which includes talent from Tesla and Toyota, is developing an automotive-inspired assembly line designed to rapidly scale production beyond that of comparable U.S. systems.
FOUNDERS: Jack Oswald & Shail Giroux
INVESTORS: Khosla Ventures, Felicis, AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, General (Ret.) James McConville, General Jim Dickinson, Major General (Ret.) Volodymyr Havrylov.
ROUND: Series A
AMOUNT: $80,000,000
VALUATION: $400,000,000
HQ: Los Angeles, California
#VentureCapital #Singularity #JackOswald #ShailGiroux #TradedVC