InKind Raises $414 Million In Funding Round Led By Citi And Cross River

Austin, TX-based inKind, a curated restaurant commerce and growth platform led by CEO Johann Moonesinghe, raised $414 million in a second financing tranche, bringing its total funding to more than $1.2 billion. The round was led by Citi and Cross River, with participation from Sagard, Varadero Capital, and Trinity Capital, and the company plans to use the funds to expand operations and development efforts. inKind connects more than 5 million diners with over 8,500 U.S. restaurants, representing nearly $30 billion in annual restaurant GMV, through upfront capital, demand generation, financial tools, guest rewards, proprietary data, and AI-native capabilities. FOUNDER: Johann Moonesinghe INVESTORS: Citi, Cross River, Sagard, Varadero Capital & Trinity Capital AMOUNT: $414,000,000 TOTAL RAISED: $1,200,000,000 HQ: Austin, Texas #VentureCapital #inKind #JohannMoonesinghe #TradedVC

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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