NewLimit Raises $130 Million In Series B Funding Led By Kleiner Perkins

NewLimit, a biotech startup co-founded by Coinbase CEO Brian Armstrong, Blake Byers, and stem cell expert Jacob Kimmel, has raised $130 million in a Series B round led by Kleiner Perkins to advance its mission of developing age-reversing treatments through epigenetic reprogramming. The round included new investors Nat Friedman, Daniel Gross, and Khosla Ventures, alongside returning backers like Founders Fund and Patrick Collison. The company, now over four years old, has identified three prototype drugs that rejuvenate liver cells and is leveraging AI to accelerate discovery in a “lab-in-a-loop” model, though human trials remain a few years away. INVESTORS: Kleiner Perkins, Nat Friedman, Daniel Gross, Khosla Ventures, Founders Fund, Dimension Capital, Elad Gil, Garry Tan & Patrick Collison ROUND: Series B AMOUNT: $130,000,000 HQ: #SanFrancisco #California #VentureCapital #NewLimit #BrianArmstrong #BlakeByers #JacobKimmel #KleinerPerkins #NatFriedman #DanielGross #KhoslaVentures #FoundersFund #DimensionCapital #EladGil #GarryTan #PatrickCollison #TradedVC

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PixVerse Secures $439 Million In Series C Funding At $2 Billion Valuation From Investors Including AlibabaPixVerse, a Singapore-based AI video-generation startup founded in 2023 by Wang Changhu and Jaden Xie, has closed a Series C extension that brings the total raised in the round to $439 million and pushes the company’s valuation above $2 billion. The new funding, backed by investors including Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, and CloudAlpha, will support expansion of PixVerse’s world-model technology and global customer reach. The company offers video-generation and world-building AI models, serves more than 150 million registered users, and plans to hire additional researchers and go-to-market staff as it rolls out new video and world-model products. FOUNDERS: Wang Changhu & Jaden Xie INVESTORS: Alibaba, Lollapalooza Capital, Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, CloudAlpha, iGlobe Partners, Lion X Ventures & CDH Investments ROUND: Series C AMOUNT: $439,000,000 VALUATION: $2,000,000,000 HQ: Singapore #VentureCapital #PixVerse #WangChanghu #JadenXie #TradedVC

Flex Raises $70 Million In Series B1 Funding At $1.2 Billion Valuation Led By Halo FundFlex, the AI-native private banking platform for high-net-worth business owners, has raised a $70 million Series B1 at a $1.2 billion valuation, led by Halo Fund, bringing its total equity funding to $180 million. The raise comes just six months after its previous $60 million Series B and will support the launch of Flex Global, a new platform that enables banking, payments, and private credit services across more than 100 countries using stablecoin-powered infrastructure. Founded and led by CEO Zaid Rahman, Flex has seen annualized revenue triple since its last funding round and now processes more than $10 billion in annualized payment volume as it expands its suite of business and personal financial products for globally operating business owners. FOUNDER: Zaid Rahman INVESTORS: Halo Fund, Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice & Florida Funders ROUND: Series B1 AMOUNT: $70,000,000 VALUATION: $1,200,000,000 HQ: San Francisco, California #VentureCapital #Flex #ZaidRahman #TradedVC

Valarian Raises $50 Million Series A From NEA To Enhance Control Over AI SystemsValarian, a London-based startup building software that gives governments and enterprises greater control over AI systems and data, raised a $50 million Series A led by NEA, bringing total funding to $70 million and marking NEA’s first defense and dual-use investment in Europe. The company argues that reliance on U.S. cloud providers creates sovereignty risks under laws like the U.S. CLOUD Act, and positions its ACRA platform as a way for customers to retain control of sensitive data and AI operations amid growing geopolitical and regulatory concerns. FOUNDERS: Max Buchan & Josh McLaughlin INVESTORS: NEA, XTX, Lightbank, Sequel, Litquidity, and angels including Gokul Rajaram and Nikesh Arora ROUND: Series A AMOUNT: $50,000,000 HQ: London, United Kingdom #VentureCapital #Valarian #MaxBuchan #JoshMcLaughlin #TradedVC