Coverd Secures $7.8 Million In Seed Funding Round For Gamified Personal Finance Platform

Coverd, a New York City–based gamified personal finance platform, raised $7.8 million in a Seed round to make money management more engaging and rewarding. The company aims to replace traditional budgeting tools with a game-like experience, offering users cash back — potentially up to 100% — on purchases and bills, turning everyday spending into opportunities to “win” money back. ROUND: Seed AMOUNT: $7,800,000 HQ: #NewYork #NY #NewYorkCity #NYC #VentureCapital #Coverd #TradedVC

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Cerebras Systems Files For IPO After Raising $2.1 Billion At $23 Billion ValuationCerebras Systems, an AI chip startup building what CEO Andrew Feldman describes as “the fastest AI hardware for training and inference,” has filed to go public after a delayed earlier IPO attempt in 2024 that was withdrawn amid regulatory review tied to an Abu Dhabi-based G42 investment. The company recently raised a $1.1 billion Series G followed by a $1 billion Series H at a $23 billion valuation, and has since expanded its commercial momentum through deals with Amazon Web Services to deploy its chips in data centers and a reported multi-billion-dollar agreement with OpenAI. In its filing, Cerebras reported $510 million in 2025 revenue and a net income of $237.8 million, while noting a non-GAAP loss when excluding one-time items, and said its IPO is planned for mid-May without disclosing a target raise size. FOUNDERS: Andrew Feldman, Gary Lauterbach, Michael James, Sean Lie & Jean-Philippe Fricker HQ: Sunnyvale, California #VentureCapital #CerebrasSystems #TradedVC

Live Nation Entertainment Secures €630 Million In Debt Financing For Venue ExpansionLive Nation Entertainment has secured about €630 million ($742 million) in private debt financing tied to its concert venues, reinforcing its ongoing push to expand and modernize its global venue network. The company said the funding will support the buildout and upgrade of venues worldwide to meet rising demand for live events, adding to an already aggressive expansion strategy that includes billions in planned capital expenditure across dozens of projects. The raise comes as Live Nation continues international acquisitions and venue development even amid legal and regulatory pressure, including a recent U.S. jury verdict finding the company and Ticketmaster had illegally monopolized parts of the live events industry. FOUNDER: Michael Rapino AMOUNT: $724,000,000 HQ: Beverly Hills, California #VentureCapital #LiveNationEntertainment #MichaelRapino #TradedVC

Nomio Secures $4 Million From Collaborative Fund To Expand Broccoli-Based Performance Shot DistributionNomio is gaining traction with its broccoli-based performance shot as it scales distribution following a ~$4M funding round led by Collaborative Fund. The 60ml pre-workout drink blends bioavailable isothiocyanates from broccoli sprouts with lemon juice and sugar, and when taken hours before intense exercise, it has been shown to reduce lactate levels by up to 12% while boosting antioxidant defenses—helping athletes push harder and recover faster. Since launching in January 2025, the product has quickly caught on among elite athletes like Cole Hocker and Andreas Almgren, spreading organically across high-performance sports communities. Currently sold in the U.S. through The Feed, Nomio plans a controlled expansion while maintaining its close ties to elite users. Backer Guy Vidra sees long-term potential for the product to become as mainstream as traditional sports drinks, especially as research continues into its broader benefits for sleep, cognition, and inflammation. FOUNDER: Oskar Holmblad INVESTOR: Collaborative Fund AMOUNT: $4,000,000 HQ: Stockholm, Sweden #VentureCapital #Nomio #OskarHolmblad #TradedVC

Cursor Secures $2 Billion Funding Led By Thrive Capital And Andreessen Horowitz At $50 Billion ValuationAI coding startup Cursor is nearing a funding round of at least $2B led by returning investors Thrive Capital and Andreessen Horowitz at a $50B valuation pre-money, with Battery Ventures potentially joining as a new backer and Nvidia also expected to participate, according to people familiar with the deal; if completed, the round would nearly double Cursor’s valuation from six months ago as the company continues rapid revenue growth despite competition in AI coding tools, and Cursor—previously known as Anysphere—was co-founded in 2022 by Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger while they were MIT students. FOUNDERS: Michael Truell, Sualeh Asif, Arvid Lunnemark & Aman Sanger INVESTORS: Thrive Capital, Andreessen Horowitz (a16z), Battery Ventures & Nvidia AMOUNT: $2,000,000,000 VALUATION: $50,000,000,000 HQ: San Francisco, California #VentureCapital #Cursor #MichaelTruell #SualehAsif #ArvidLunnemark #AmanSanger #TradedVC

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