Usul Secures $3.3 Million Seed Funding Led By Scout Ventures And Other Investors

Usul, a software startup founded by Jarren Reid, recently raised $3.3 million in seed funding led by Scout Ventures, with participation from Bravo Victor Venture Capital, Y-Combinator, and private investors including defense industry insiders like Steve Blank and Peter Newell. Usul's platform, born out of Stanford's Hacking for Defense course, aims to simplify the process of winning Department of Defense (DoD) contracts by using AI to match companies with relevant defense opportunities. By scraping DoD contracts, budgets, and program details, Usul provides tailored contract recommendations and direct PEO contacts to help companies navigate the often complex and insider-driven defense contracting landscape. With a focus on growth-stage defense companies, Usul has already helped clients secure over $100M in contracts and plans to expand its platform to international markets, aiming to become the go-to solution for technology companies looking to collaborate with defense agencies. INVESTORS: Scout Ventures, Bravo Victor Venture Capital, Y Combinator, True Ventures, Teamworthy Ventures, Steve Blank, Peter Newell, Jack Shanahan & Jacqueline Tame ROUND: Seed AMOUNT: $3,300,000 HQ: #SanFrancisco #California #VentureCapital #JarrenReid #TradedPartner #ScoutVentures #BravoVictorVentureCapital #YCombinator #TrueVentures #TeamworthyVentures #SteveBlank #PeterNewell #JackShanahan #JacquelineTame #TradedVC

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Jasper Therapeutics Acquires Kira Pharmaceuticals For $132 Million With Investment From Affinity Asset Advisors And Ikarian CapitalJasper Therapeutics has completed its all-stock acquisition of Kira Pharmaceuticals and secured approximately $132 million in new capital through a private placement, creating a combined immunology-focused biotech company with a three-asset pipeline. The financing was co-led by Affinity Asset Advisors and Ikarian Capital, with participation from several institutional investors, and is expected to support operations through the second half of 2028. The merged company will advance programs including KP-104, briquilimab, and KP-701, while Kira has also out-licensed two additional assets to Mirador Therapeutics in a deal that includes upfront, milestone, and royalty payments. Jasper CEO Jeet Mahal will continue to lead the combined company, which will remain listed on Nasdaq under the ticker JSPR. SALE PRICE: $132,000,000 HQ: Redwood City, California #VentureCapital #JasperTherapeutics #KiraPharmaceuticals #TradedVC

Runta Raises $20 Million Seed Round Led By A16z For AI Agent InfrastructureRunta, a San Francisco Bay Area startup building the execution layer for AI agents, has raised a $20 million seed round led by a16z. The company’s platform helps organizations control what AI agents can do while they run by limiting access, capping spending, and maintaining records of agent actions. Founded by Guanlan Dai, Runta aims to provide the infrastructure and guardrails needed to safely deploy and manage autonomous AI agents at scale. FOUNDER: Guanlan Dai INVESTOR: a16z ROUND: Seed AMOUNT: $20,000,000 HQ: San Francisco Bay Area, California #VentureCapital #Runta #TradedPartner #GuanlanDai #TradedVC