Who's Raising & What's Closing

Sep 09, 2026

Clay Secures $115 Million In Series D Funding Led By Wellington Management At $7.1 Billion Valuation

Clay raised $115 million in a Series D led by Wellington Management at a $7.1 billion valuation, bringing the company into its next phase focused on building a self-learning revenue engine that predicts and executes the next best actions for businesses. Co-founder Varun Anand said Clay will expand beyond GTM data and infrastructure into AI-driven recommendations across marketing, sales and product strategy, while launching a $1 million scholarship fund to train the next generation of go-to-market engineers. FOUNDERS: Varun Anand & Cole Turner INVESTOR: Wellington Management ROUND: Series D AMOUNT: $115,000,000 VALUATION: $7,100,000,000 HQ: New York, New York #VentureCapital #Clay #VarunAnand #ColeTurner #TradedVC

Sep 09, 2026

Sydney Sweeney Invests As Equity Partner In Sports Prediction Platform Novig Valued At $500 Million

SYDNEY SWEENEY IS BETTING ON SPORTS PREDICTION MARKETS. The actress has invested in Novig, joining the sports prediction platform as an equity partner ahead of the fall and winter sports season. Novig was most recently valued at roughly $500M after raising a $75M Series B, bringing total funding to more than $105M. The company lets users trade sports outcomes directly against one another rather than betting against a traditional sportsbook, and reported 10x growth in trading volume in 2025. Sweeney is also helping lead Novig’s new “Just Sports” campaign across TV, streaming, social, digital, and out-of-home. Novig is backed by Pantera Capital, Multicoin Capital, Makers Fund, Forerunner, NFX, Y Combinator, Lux Capital, and others. Celebrity endorsements are increasingly becoming equity ownership.

Sep 09, 2026

Harvey Secures $550 Million Investment At $15.5 Billion Valuation From Leading Firms

Harvey has raised $550 million at a $15.5 billion valuation, in a round co-led by Diffusion and Lightspeed, with participation from Sequoia, Kleiner Perkins, Andreessen Horowitz, Coatue, Conviction, Elad Gil and others. CEO and co-founder Winston Weinberg said the company has surpassed $400 million in ARR and serves more than 3,000 customers, including 80% of the top 100 law firms, with the new capital going toward hiring across product, engineering, research and go-to-market, as well as compute and model training to expand its AI capabilities across legal applications, agents and models. FOUNDERS: Winston Weinberg & Gabriel Pereyra INVESTORS: Diffusion, Lightspeed, Sequoia, Kleiner Perkins, a16z, Coatue, Conviction, Elad Gil, Evantic, GIC, Goldman Sachs Alternatives, Whale Rock, WndrCo, Sapphire & Verified Capital AMOUNT: $550,000,000 VALUATION: $15,500,000,000 HQ: San Francisco, California #VentureCapital #Harvey #WinstonWeinberg #TradedVC

Sep 09, 2026

System Laboratories Secures $20 Million Investment From Patron Fund Vine Courtside Daybreak SV Angel Will Ventures

System Laboratories, Inc., (@SystemLabsInc) a San Francisco-based vertically integrated peptide platform, has raised $20 million in funding to build a trusted, peptide-native platform for physician-guided treatments. Founded by Adam Steinle, System works with licensed U.S. clinicians and certified American compounding pharmacies to offer lab-tested peptide treatments, including Glutathione, MIC+B12, NAD+, and Sermorelin, across all 50 states subject to state telehealth regulations. Investors include Patron Fund, Vine, Courtside, Daybreak, SV Angel, and Will Ventures. FUN FACT: System, the vertically integrated peptide platform connecting patients with licensed U.S. clinicians and pharmacy-grade compound treatments, today announced $20M in new funding to accelerate its mission of becoming the definitive, trusted name in peptides. Funding comes from Patron Fund, the early-stage consumer tech fund known for backing category-defining consumer brands, as well as Vine, Courtside, Daybreak, SV Angel, and Will Ventures. The fresh capital will give more people access to what has historically been reserved for a select group of patients. FOUNDER: Adam Steinle INVESTORS: Patron Fund (@PatronFund), Vine, Courtside, Daybreak, SV Angel & Will Ventures TOTAL RAISED: $20,000,000 HQ: San Francisco, California #VentureCapital #SystemLaboratoriesInc #TradedPartner #AdamSteinle #TradedVC

Sep 08, 2026

L Catterton Invests In HYROX Valuing Fitness Platform At $700 Million

HYROX IS NOW WORTH NEARLY $700M L Catterton has closed its investment in HYROX in a deal reportedly valuing the global fitness racing platform at ~€600M ($700M). The transaction sees founders Christian Toetzke and Moritz Fürste regain majority control, with L Catterton and Jeffrey Katzenberg and Sujay Jaswa’s WndrCo joining as partners. Founded in Hamburg in 2017, HYROX has grown into one of the world's fastest-growing sports platforms. In the 2025/26 season alone: • 1.4M+ participants • 1.5M+ spectators • 100+ events globally Now, HYROX is setting its sights even higher, including a long-term push for Olympic recognition. From a single race in Hamburg to a nearly $700M global fitness brand in under a decade.

Sep 08, 2026

Cognition AI Secures $2 Billion Investment Led By Andreessen Horowitz At $48 Billion Valuation

Cognition AI, the startup behind AI coding agent Devin, has raised more than $2 billion at a $48 billion valuation in a round led by new investors Andreessen Horowitz and Accel, alongside existing backers Founders Fund, General Catalyst and Avenir. The AI company said run-rate revenue has nearly doubled from $492 million to about $900 million since its May round, with growing adoption of its Devin software agent across customers including NVIDIA, GE Aerospace, Citi, Mercedes-Benz AG and Modal. FOUNDERS: Scott Wu, Steven Hao & Walden Yan INVESTORS: Andreessen Horowitz, Accel, Founders Fund, General Catalyst, Avenir, Benchmark, Bessemer Venture Partners, Kleiner Perkins, Greylock Partners, Lightspeed, Altimeter, Bond Capital, Meritech, Atreides Management, Valor Equity Partners, T. Rowe Price, Lux Capital, 8VC, D1 Capital Partners, 137 Ventures, DST, Positive Sum, HOF Capital, Soma Capital, BOX Group, Ribbit Capital, Swish Ventures, Stripes, Definition, Hanabi Capital, Bain Capital Ventures, Layer Global, A*, Alpha Wave Global, Alkeon Capital, Diffusion, NVIDIA AMOUNT: $2,000,000,000 VALUATION: $48,000,000,000 HQ: San Francisco, California #VentureCapital #CognitionAI #ScottWu #AndreessenHorowitz #TradedVC

Sep 08, 2026

Celero Communications Raises $275 Million In Series C Funding Led By Atreides Management

Celero Communications, an Irvine, California-based AI networking chip startup, raised $275 million in Series C funding at a valuation of more than $3 billion, bringing its total capital raised to $415 million. The round was co-led by Atreides Management, Valor Equity Partners, and CapitalG, with participation from existing investors Sutter Hill Ventures and Maverick Silicon. Founded in 2024 by industry veterans from Marvell, Inphi, Broadcom, and ClariPhy, Celero develops coherent digital signal processors that enable faster data transmission for AI systems over fiber-optic networks, and will use the new funding to accelerate product development, R&D and production readiness. FOUNDERS: Nariman Yousefi & Oscar Agazzi INVESTORS: Atreides Management, Valor Equity Partners, CapitalG, Sutter Hill Ventures & Maverick Silicon ROUND: Series C AMOUNT: $275,000,000 VALUATION: $3,000,000,000 HQ: Irvine, California #VentureCapital #CeleroCommunications #NarimanYousefi #OscarAgazzi #TradedVC

Sep 08, 2026

Stoke Space Technologies Secures $1 Billion In Series E Funding For Orbital Launch Preparation

Stoke Space Technologies, a Kent, Wash.-based rocket company led by CEO Andy Lapsa, completed an initial closing of its $1 billion Series E, bringing its total funding to $2.3 billion. The round was co-led by Point72 Ventures and Spark Capital, with participation from General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital and Y Combinator; Stoke plans to use the capital to prepare for its first orbital launch, expand production and launch capacity, and accelerate development of its larger Nova Block 2 vehicle. FOUNDERS: Andy Lapsa & Tom Feldman INVESTORS: Point72 Ventures, Spark Capital, General Innovation, Glade Brook Capital, US Innovation Technology, Washington Harbour Partners, Woven Capital & Y Combinator ROUND: Series E AMOUNT: $1,000,000,000 HQ: Kent, Washington #VentureCapital #StokeSpaceTechnologies #AndyLapsa #TomFeldman #TradedVC

Sep 08, 2026

Cherub Raises $4.5 Million In Pre-Seed Funding From Kate McAndrew Slauson & Co Ghost Angels

Los Angeles-based Cherub (@InvestwithCherub) raised $4.5 million in pre-seed funding, with investors including Kate McAndrew of Baukunst, Slauson & Co, and Ghost Angels. Founded by Jaclyn Johnson and Angeline Vuong, Cherub is a network connecting founders, investors and creators, helping startups build their cap tables while giving investors and creators access to early-stage investing and advisory opportunities; Johnson is the company’s co-founder and CEO. FUN FACT: Over $12mm deployed to founders through Cherub connections - 4,000+ founders and investors on the platform - Launching Cherub for Creators September 2026 - Head of Creators at UTA (Raina Penchansky) and Founder Digital Department (Ali Grant) are early investors in the company FOUNDERS: Jaclyn Johnson (@JaclynrJohnson) & Angeline Vuong (@Angelineasaurus) INVESTORS: Kate McAndrew of Baukunst, Slauson & Co & Ghost Angels AMOUNT: $4,535,000 HQ: Los Angeles, California #VentureCapital #Cherub #TradedPartner #JaclynJohnson #TradedVC

Sep 08, 2026

Mistral AI Secures €3 Billion In Series D Funding Led By Samsung Electronics

Mistral AI has raised €3 billion ($3.5 billion) in a Series D round at a valuation of more than €21 billion, making it the largest private tech funding round in European history. Samsung Electronics led the round alongside EQT’s Scaleup Europe Fund and PSG Equity, with new backing from Advent, BlackRock-managed funds and Luxembourg, while existing investors including Andreessen Horowitz, NVIDIA, General Catalyst, Lightspeed and Salesforce Ventures also participated. Mistral will use the funding to expand computing capacity, advance frontier AI research and grow internationally as it pivots toward a “neocloud” model combining open-weight AI models, dedicated infrastructure and deployment tools. FOUNDERS: Arthur Mensch, Guillaume Lample & Timothée Lacroix INVESTORS: Samsung Electronics, EQT Scaleup Europe Fund, PSG Equity, Advent, BlackRock, Grand Duchy of Luxembourg, Andreessen Horowitz, NVIDIA, General Catalyst, Lightspeed, Salesforce Ventures & BNP Paribas CIB ROUND: Series D AMOUNT: $3,500,000,000 VALUATION: $24,000,000,000 HQ: Paris, France #VentureCapital #MistralAI #ArthurMensch #SamsungElectronics #TradedVC