Packz Secures $10.7M Funding From Makers Fund And Others In Collectibles Market

Packz, a gamified collectibles platform, has raised $10.7M in total funding from Makers Fund, The Raine Group, Courtside Ventures, RiverPark Ventures, Sharp Alpha, and executives at DraftKings Inc. In just six months, the NYC-based team has grown from selling its first pack to facilitating ~$8.1M in packs opened last month, with thousands of rare trading cards delivered to collectors. Operating with a small, fully in-person team, Packz emphasizes fast decision-making and end-to-end ownership for every team member. INVESTORS: Makers Fund, The Raine Group, Courtside Ventures, RiverPark Ventures & Sharp Alpha AMOUNT: $10,700,000 HQ: New York #VentureCapital #Packz #TradedVC

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Vermilion Cliffs Ventures Closes $25 Million Fund II For AI Cybersecurity And Developer ToolsVermilion Cliffs Ventures has closed its second fund, a $25 million vehicle that will continue the firm’s focus on backing technical founders building in areas such as AI infrastructure, cybersecurity, and developer tools. Founded in 2023 by solo GP Ashley Smith, the venture firm raised the new fund in approximately four months, with significant support from existing investors. Fund II plans to invest between $500,000 and $1 million per company and target at least 25 startups over the next two and a half years, building on the success of the firm’s $13 million debut fund, which backed 35 companies including Keycard and CopilotKit. FOUNDER: GP Ashley Smith AMOUNT: $25,000,000 HQ: New York, New York #VentureCapital #VermilionCliffsVentures #GPAshleySmith #TradedVC

Apple Commits Over $30 Billion To Broadcom For US Chip Manufacturing ExpansionBroadcom is set to benefit from a major new commitment from Apple, which announced a multi-year agreement expected to exceed $30 billion to expand U.S. chip manufacturing. The deal will support the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom’s facility in Fort Collins, Colorado. The agreement deepens Broadcom’s role in supplying custom silicon and wireless connectivity components for future Apple products through 2031. Following the announcement, shares of Broadcom rose more than 6%, while CEO Hock Tan said Apple’s commitment will help the company expand its U.S. manufacturing footprint. AMOUNT: $30,000,000,000 #VentureCapital #Broadcom #Apple #TradedVC

Blue Origin Raises $10 Billion At $130 Billion Valuation With Coatue Asset Management And Jeff BezosBlue Origin, the space company founded by Jeff Bezos, is reportedly raising $10 billion at a $130 billion pre-money valuation in what would be its first external funding round. According to reports, Coatue Asset Management is expected to invest about $4 billion, while Bezos would contribute $2 billion, with other large investors providing the remainder. The funding comes as Blue Origin works to recover from a recent New Glenn rocket test explosion, rebuild its Cape Canaveral launch infrastructure, and advance key initiatives including NASA Artemis mission support, a planned satellite internet network, and longer-term ambitions to operate data centers in space. FOUNDER: Jeff Bezos INVESTORS: Coatue Asset Management & Jeff Bezos AMOUNT: $10,000,000,000 VALUATION: $130,000,000,000 HQ: Kent, Washington #VentureCapital #BlueOrigin #JeffBezos #TradedVC

Venus Aerospace Raises $90 Million In Series B Funding Led By Mercury FundVenus Aerospace, a hypersonics and propulsion company founded in 2020 by CEO Sassie Duggleby and CTO Andrew Duggleby, has raised a $90 million Series B funding round led by Mercury Fund, with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, and Green Sands Equity. The funding will support further testing and development of the company’s Rotating Detonation Rocket Engine (RDRE), an advanced propulsion system that recently became the first of its kind to launch a rocket into flight. Following strong interest from defense and space customers after a successful engine demonstration, Venus has shifted its focus toward hypersonic weapons and high-speed space vehicles, aiming to translate its propulsion technology into operational defense and space systems. FOUNDERS: Sassie Duggleby & Andrew Duggleby INVESTORS: Mercury Fund, Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital & Green Sands Equity ROUND: Series B AMOUNT: $90,000,000 HQ: Houston, Texas #VentureCapital #VenusAerospace #SassieDuggleby #AndrewDuggleby #TradedVC