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July 9, 2026 - Deals

PromptQL Raises $136 Million To Enhance AI-Powered Virtual Analyst Platform

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PromptQL recently raised approximately $136 million to expand its platform for building AI-powered “virtual analysts.” The platform enables companies to connect their internal data directly to AI models, allowing them to generate accurate, real-time reports and analysis without the need to prepare or transfer data. Founder and CEO Tanmay Gopal says the technology delivers high accuracy at scale while reducing technical complexity, while the company also provides expert support to help clients develop and implement AI strategies. Investors view PromptQL as well-positioned to address growing concerns around trust in AI outputs, including the increasing challenge of “digital hallucinations.” FOUNDER: Tanmai Gopal AMOUNT: $136,000,000 HQ: San Francisco, California #VentureCapital #PromptQL #TradedVC

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Mach Industries Secures $600 Million Series C Funding At $3.7 Billion ValuationMach Industries, a Huntington Beach, California-based defense tech startup founded and led by 22-year-old Ethan Thornton, raised $600 million in a Series C extension at a $3.7 billion valuation, doubling its $1.8 billion valuation from a $300 million round announced in June. Investors across both tranches include Ribbit Capital, Infinite Capital, Bedrock Capital and Sequoia, with Mach building unmanned military vehicles, weapons, counter-drone systems and propulsion technologies. FOUNDER: Ethan Thornton INVESTORS: Ribbit Capital, Infinite Capital, Bedrock Capital & Sequoia ROUND: Series C AMOUNT: $600,000,000 VALUATION: $3,700,000,000 HQ: Huntington Beach, California #VentureCapital #MachIndustries #EthanThornton #TradedVC