Rapido Secures $240 Million Investment Led By Prosus At $3 Billion ValuationRapido, the Indian ride-hailing platform, raised $240 million at a $3 billion valuation in a funding round led by Prosus, with participation from existing investors WestBridge Capital and Accel as part of a broader $730 million primary and secondary financing. The company said it will deploy the capital to expand into high-growth markets, deepen its driver network, and invest in technology and platform efficiency as it competes in India’s increasingly crowded mobility sector. Co-founder Aravind Sanka said the focus will be on strengthening supply in fragmented markets and scaling the company’s multi-modal footprint with greater speed and intent.
FOUNDERS: Aravind Sanka, Pavan Guntupalli & Rishikesh SR
INVESTORS: Prosus, WestBridge Capital & Accel
AMOUNT: $240,000,000
VALUATION: $3,000,000,000
HQ: Bengaluru, Karnataka, India
#VentureCapital #Rapido #AravindSanka #PavanGuntupalli #RishikeshSR #TradedVC
Mind Robotics Secures $400 Million Funding Round Led By Kleiner Perkins At $3.4 Billion ValuationMind Robotics, the industrial robotics startup spun out of Rivian and founded by RJ Scaringe, raised $400 million in a new financing round led by Kleiner Perkins at a reported $3.4 billion valuation. The round included new investors such as Meritech Capital, Redpoint Ventures, and SV Angel, alongside existing backers including Andreessen Horowitz, Accel, and Eclipse, bringing Mind Robotics’ total funding to more than $1 billion since launching in late 2025. The company is developing AI-powered industrial robotics systems designed to automate complex factory tasks requiring human-like dexterity and reasoning, with Rivian serving as both a strategic partner and deployment environment.
FOUNDER: RJ Scaringe
INVESTORS: Kleiner Perkins, Volkswagen, Salesforce, Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital, Garuda Ventures, Accel, Andreessen Horowitz, Eclipse, Prysm Capital, Bain Capital Ventures & Greenoaks
AMOUNT: $400,000,000
VALUATION: $3,400,000,000
HQ: Palo Alto, California
#VentureCapital #MindRobotics #RJScaringe #TradedVC
Nectar Social Secures $30M Series A Funding Led By Menlo Ventures And Anthology FundNectar Social, a Palo Alto–based agentic social operating system for modern marketing, raised $30M in Series A funding led by Menlo Ventures and its Anthology Fund (in partnership with Anthropic), with participation from True Ventures, GV (Google Ventures), and Gwyneth Paltrow’s Kinship Ventures. Founded in 2023 by sisters Misbah Uraizee and Farah Uraizee, the company connects into major platforms including Meta, TikTok, LinkedIn, Reddit, and X, and works with brands such as e.l.f. Beauty, Babylist, Caraway, Liquid Death, Graza, Figma, and Kosas. The new capital will be used to expand operations and accelerate product development as Nectar rolls out its autonomous marketing AI agent, Nectar Agent.
FOUNDERS: Misbah Uraizee & Farah Uraizee
INVESTORS: Menlo Ventures, Anthology Fund, True Ventures, GV & Kinship Ventures
ROUND: Series A
AMOUNT: $30,000,000
HQ: Palo Alto, California
#VentureCapital #NectarSocial #MisbahUraizee #FarahUraizee #TradedVC
GridCARE Raises $64 Million In Series A Funding Led By Sutter Hill Ventures And John DoerrGridCARE, a Redwood City, CA-based power acceleration company for AI, raised $64 million in Series A funding led by Sutter Hill Ventures and John Doerr, with participation from National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, Xora, Aina Ventures, Overture, Acclimate Ventures, Clearvision Ventures, and other investors and family offices. Led by CEO Amit Narayan and CTO Ram Rajagopal, the company develops Power Acceleration services through its Energize platform, which uses physics-based AI to identify and activate near-term grid capacity to support AI infrastructure and energy demand. GridCARE says it has already generated more than $10 billion in economic value for data center developers by helping bring hundreds of megawatts online ahead of schedule.
FOUNDERS: Amit Narayan, Ram Rajagopal, Liang Min & Arun Majumdar
INVESTORS: Sutter Hill Ventures, John Doerr, National Grid Partners, Future Energy Ventures, Emerson Collective, Stanford University, Xora, Aina Ventures, Overture, Acclimate Ventures & Clearvision Ventures
ROUND: Series A
AMOUNT: $64,000,000
HQ: Redwood City, California
#VentureCapital #GridCARE #AmitNarayan #RamRajagopal #LiangMin #ArunMajumdar #TradedVC