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August 20, 2025 - Deals
Garage Secures $13.5M Series A Funding Led By Infinity Ventures With Benchstrength Wayfinder Ventures FJ Labs
YC-backed Garage (@withgarage), a New York-based startup founded by former firefighter Martin Hunt (CEO) and Alaz Sengul (CTO), has raised $13.5 million in Series A funding, bringing its total to $18 million. The company is building a nationwide marketplace to help fire departments and local governments buy and sell essential equipment like fire trucks, automating appraisals, freight logistics, and payments for a process that has long been manual and fragmented. The round was led by Infinity Ventures, with participation from Y Combinator, Initialized Capital, Benchstrength, Wayfinder, and FJ Labs, and will be used to expand Garage’s team and marketplace reach across all 50 states.
INVESTORS: Infinity Ventures, Benchstrength, Wayfinder Ventures & FJ Labs
ROUND: Series A
AMOUNT: $13,500,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Garage #AlazSengul #InfinityVentures #Benchstrength #MartinHunt #WayfinderVentures #FJLabs #TradedVC
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River Secures $120 Million In Series C Funding Led By Elev8 Venture Partners And Claypond CapitalRiver, an Indian electric vehicle startup, raised $120 million in Series C funding to scale manufacturing and launch more models. The round was led by Elev8 Venture Partners and Claypond Capital, with participation from Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, HDFC AMC, Yamaha Motor, Al-Futtaim Group, and Mitsui. Founded in 2021, River has raised $144 million to date and will use the funding to expand production of its Indie electric moped and support its next phase of growth. Founder and CEO Aravind Mani said the company’s focus has been on scaling manufacturing, increasing output from 20 vehicles per day to 300 vehicles per day.
FOUNDERS: Aravind Mani & Vipin George
INVESTORS: Elev8 Venture Partners, Claypond Capital, Singularity AMC, Anicut Capital, 360 ONE Asset, JIF Capital, HDFC AMC, Yamaha Motor, Al-Futtaim Group & Mitsui
ROUND: Series C
AMOUNT: $120,000,000
HQ: Bengaluru, Karnataka, India
#VentureCapital #River #AravindMani #VipinGeorge #TradedVC
Anthropic Secures $10 Billion Contract With Volta Infra Holdings For AI Infrastructure ExpansionAnthropic is expanding its AI infrastructure footprint with a $10 billion, six-year contract with Nvidia-backed cloud startup Volta Infra Holdings, following a separate $200 billion five-year Google Cloud computing commitment. The deal will provide compute capacity from a renewable-powered data center in Norway using Nvidia’s Vera Rubin chips, as Anthropic scales its broader infrastructure strategy involving hundreds of billions of dollars in commitments across cloud and data center partners.
FOUNDERS: Dario Amodei & Daniela Amodei
AMOUNT: $10,000,000,000
HQ: San Francisco, California
#VentureCapital #Anthropic #DarioAmodei #DanielaAmodei #TradedVC