Who's Raising & What's Closing

Jul 31, 2026

OpenAI Secures Amazon's $50 Billion Investment Commitment In AI Infrastructure Development

OpenAI has secured the completion of Amazon’s $50B investment commitment, with the e-commerce and cloud giant finalizing the remaining $35B tranche of the deal. The investment was part of OpenAI’s record $110B funding round, alongside commitments from Nvidia and SoftBank, and strengthens the company’s AI infrastructure ambitions through deeper integration with Amazon Web Services. CEO/founder information was not included in the provided details. FOUNDERS: Sam Altman, Elon Musk, Greg Brockman, Ilya Sutskever, John Schulman & Wojciech Zaremba INVESTORS: Amazon, Nvidia & SoftBank AMOUNT: $50,000,000,000 HQ: San Francisco, California #VentureCapital #OpenAI #SamAltman #Amazon #TradedVC

Jul 31, 2026

Function Health Secures $450 Million Financing From General Catalyst To Expand Health Platform

Function Health, a preventative health platform, secured $450 million in non-dilutive financing from General Catalyst’s Customer Value Fund to accelerate customer acquisition and scale its platform. Led by CEO Jonathan Swerdlin, Function is expanding beyond blood testing into a vertically integrated health ecosystem combining 160-panel labs, at-home draws, full-body MRIs, supplement intelligence, and AI-powered health recommendations through its Medical Intelligence Labs platform. The company has completed more than 100 million lab tests for 500,000 U.S. members and aims to use diagnostics-driven data insights to make personalized preventative healthcare more accessible globally. FOUNDERS: Jonathan Swerdlin, Mark Hyman, Pranitha Patil, Daniel Swerdlin, Seth Weisfeld & Mike Nemke INVESTORS: General Catalyst & Customer Value Fund AMOUNT: $450,000,000 HQ: New York City, New York #VentureCapital #FunctionHealth #GeneralCatalyst #CustomerValueFund #TradedVC

Jul 30, 2026

K2 Space Raises $500 Million In Series D Round Led By Kleiner Perkins And ICONIQ

K2 Space, a Torrance, California-based satellite manufacturer, has raised $500 million in a Series D round at a $6.8 billion valuation. The round was led by Kleiner Perkins and ICONIQ, with participation from CapitalG, Lightspeed Venture Partners, Altimeter Capital, Spark Capital, Sands Capital, ARK Invest, and T. Rowe Price Associates. Founded in 2022 by brothers Karan Kunjur and Neel Kunjur, K2 builds high-power, large-scale satellites for commercial and defense customers. The funding will help expand manufacturing capacity to 100 satellites per year as demand grows for next-generation communications, defense, and space infrastructure. FOUNDERS: Karan Kunjur & Neel Kunjur INVESTORS: Kleiner Perkins, ICONIQ, CapitalG, Lightspeed Venture Partners, Altimeter Capital, Spark Capital, Sands Capital, ARK Invest & T. Rowe Price Associates ROUND: Series D AMOUNT: $500,000,000 VALUATION: $6,800,000,000 HQ: Torrance, California #VentureCapital #K2Space #SpaceTech #Satellite #TradedVC

Jul 30, 2026

Cantina Raises $8 Million Funding Led By Framework Ventures To Expand Security Platform

Cantina, a Miami, Florida-based provider of a community-powered agentic security platform, has raised $8M in funding in a round led by Framework Ventures, bringing its total funding to $16.5M. The company plans to use the new capital to further expand its autonomous security platform. Led by CEO Hari Mulackal, Cantina develops security software that automates vulnerability management and remediation through an autonomous security workforce, leveraging capabilities such as a security memory layer that creates a digital twin of an organization’s environment, automated risk prioritization, autonomous remediation workflows, and verified resolution tracking. The company serves customers ranging from mid-market businesses to Fortune 500 enterprises across healthcare, fintech, and other regulated sectors. FOUNDER: Harikrishnan Mulackal INVESTOR: Framework Ventures AMOUNT: $8,000,000 HQ: Miami, Florida #VentureCapital #Cantina #HarikrishnanMulackal #TradedVC

Jul 30, 2026

Insight Partners Leads $50 Million Series C Funding For Inforcer In London

Inforcer, a London-based software company that helps managed service providers (MSPs) manage Microsoft 365 environments for small and medium-sized businesses, has raised a $50 million Series C funding round led by Insight Partners. The new investment reflects growing demand for IT management, cybersecurity, and AI governance tools as SMBs increasingly rely on MSPs to handle complex technology and security challenges. According to co-founder and CEO Jamie Daum, Inforcer has achieved 300% year-over-year growth and has now raised a total of $110 million across three funding rounds in just 18 months. The company plans to use the funding to continue developing products such as Shadow AI detection and real-time threat detection tools, while also expanding its presence in the U.S. market. FOUNDERS: Jamie Daum & William Connor INVESTOR: Insight Partners ROUND: Series C AMOUNT: $50,000,000 HQ: London, United Kingdom #VentureCapital #Inforcer #JamieDaum #WilliamConnor #TradedVC

Jul 30, 2026

IG Group Acquires Sports Prediction Platform Underdog For $2.15 Billion

IG Group is acquiring sports prediction platform Underdog in a deal worth up to $2.15 billion, marking one of the biggest moves yet in the fast-growing prediction markets space. Founded in 2020 by Jeremy Levine and Brandon Stakenborg, Underdog has grown into one of the largest U.S. daily fantasy sports and prediction markets platforms, with more than 11 million registered users and over 5 million depositing customers. IG says the acquisition will more than double its U.S. revenue, establish it as a leader in regulated prediction markets, and create a new consumer platform spanning sports, trading, and investing. Separately, eligible Underdog employees will participate in a management incentive plan (MIP) with a maximum potential payout of $850 million. FUN FACT: Since launching prediction markets in September 2025, Underdog has become the third-largest U.S. prediction markets platform by regulated notional volume, behind only Kalshi and Robinhood. The company recently launched its own proprietary exchange, giving it full control over its prediction market infrastructure and expanding beyond daily fantasy sports. FOUNDERS: Jeremy Levine & Brandon Stakenborg ACQUIRER: IG Group DEAL VALUE: ~$2,150,000,000 MIP (Eligible Employees): Up to $850,000,000 HQ: Brooklyn, New York #VentureCapital #Underdog #IGGroup #PredictionMarkets #TradedVC

Jul 30, 2026

Onyx Security Raises $113 Million In Series B Funding Led By Bessemer Venture Partners

Onyx Security, an AI control company focused on securing and governing enterprise AI agents, has raised $113 million in a Series B funding round led by Bessemer Venture Partners, bringing its total funding to $153 million since its founding two years ago. The company has experienced rapid growth since emerging from stealth four months ago, quadrupling its revenue and expanding integrations with major AI providers, including Anthropic. According to CEO and Co-founder Maxim Bar Kogan, the rise of increasingly autonomous AI agents is creating an urgent need for greater oversight and accountability. Onyx plans to use the new funding to advance its proprietary AI control models and accelerate enterprise expansion in the United States and internationally. FOUNDERS: Maxim Bar Kogan & Gil Elbaz INVESTORS: Bessemer Venture Partners, Cyberstarts, TCV, Conviction, FirstMark, Vintage, QuantumLight & G Squared ROUND: Series B AMOUNT: $113,000,000 HQ: New York, New York #VentureCapital #OnyxSecurity #MaximBarKogan #GilElbaz #TradedVC

Jul 30, 2026

Vaca Raises $1.5 Million Seed Round Led By BAM Ventures With Participation From Strategic Angels

Vaca, a fast-growing beef tallow and organic corn tortilla chip brand, raised a $1.5M seed round led by BAM Ventures, with participation from strategic angels including Brian Lefler, Nic Jammet, Justin Mares, Troy Bonde, DeAndre Hopkins, Nyjah Huston, Shane Bieber, Mark Canha, and Shelby Miller. Founded by Brian Gibb and Joshua Haddox in April 2025, Vaca is on track to exceed $1M in monthly revenue in August, with the new funding supporting product development, team expansion, and retail distribution growth. FOUNDERS: Brian Gibb & Joshua Haddox INVESTORS: BAM Ventures, Brian Lefler, Nic Jammet, Justin Mares, Troy Bonde, DeAndre Hopkins, Nyjah Huston, Shane Bieber, Mark Canha & Shelby Miller ROUND: Seed AMOUNT: $1,500,000 #VentureCapital #Vaca #BrianGibb #JoshuaHaddox #TradedVC

Jul 30, 2026

Polar Secures $5.7 Million Seed Funding Led By Madrona And Notable Investors

Polar, an AI browser for work, raised $5.7 million in a seed funding round led by Madrona, with support from early users and industry leaders including Thomas Dohmke, Erik Bernhardsson, Robert Yang, and Nico Christie. Founded by CEO Kevin Jiang, Polar aims to automate knowledge work through AI agents, with the company reporting more than 4.5 million user actions completed across sales, recruiting, and operations workflows. FOUNDER: Kevin Jiang INVESTORS: Madrona, Thomas Dohmke, Erik Bernhardsson, Robert Yang & Nico Christie ROUND: Seed AMOUNT: $5,700,000 HQ: San Francisco, California #VentureCapital #Polar #KevinJiang #TradedVC

Jul 29, 2026

ProphetX Secures $35 Million Funding Round Led By Parlay Capital And Data Point Capital

ProphetX, a NYC-based provider of a federally regulated sports-native prediction market and B2B platform, has closed a $35 million funding round led by Parlay Capital and Data Point Capital, with participation from FDJ Ventures, Greenwave Ventures, Connexa Capital, Impellent Ventures, the Operating Group, Sharp Alpha Advisors, Chicago Trading Company Ventures, Belvedere Trading, principals at White Swan Data, principals at Consolidated Trading, and Ematiq. The company plans to use the new capital to accelerate product development, increase liquidity across its markets, and expand its B2B platform and partnership network. Founded in 2018, ProphetX operates a peer-to-peer exchange that allows users to set their own prices and trade directly with one another through a transparent commission model. The company is aiming to triple trading volume in 2026 through expanded B2B partnerships, broader institutional market coverage, and growth of its proprietary Request for Quote (RFQ) Parlay Mechanism. FOUNDERS: Dean Sisun & Jake Benzaquen INVESTORS: Parlay Capital, Data Point Capital, FDJ Ventures, Greenwave Ventures, Connexa Capital, Impellent Ventures, the Operating Group, Sharp Alpha Advisors, Chicago Trading Company Ventures, Belvedere Trading, White Swan Data, Consolidated Trading & Ematiq AMOUNT: $35,000,000 HQ: New York City, New York #VentureCapital #ProphetX #DeanSisun #JakeBenzaquen #TradedVC

Jul 29, 2026

Grant Thornton Advisors Acquires CBIZ For $5 Billion In Major Professional Services Deal

Grant Thornton Advisors announced a $5 billion all-cash acquisition of CBIZ, marking one of the largest professional services deals in more than 25 years. The transaction will combine the two firms into the fifth-largest U.S. provider of professional services, tax and advisory services, with more than $5 billion in domestic revenue and nearly $7.5 billion globally across more than 20 countries and territories. The deal is supported by incremental equity investment from New Mountain Capital, which previously backed Grant Thornton Advisors in 2024. Grant Thornton Advisors CEO Jim Peko said the combination will expand the firm’s ability to support businesses across growth stages, while CBIZ CEO Jerry Grisko highlighted the strategic fit and value creation for shareholders. SALE PRICE: $5,000,000,000 HQ: Chicago, Illinois #VentureCapital #GrantThorntonAdvisors #CBIZ #TradedVC

Jul 29, 2026

ChipAgents Raises $60 Million In Series A2 Funding Led By B Capital And Bessemer Venture Partners

ChipAgents, a San Jose, CA-based provider of an agentic AI platform for semiconductor design, raised $60M in Series A2 funding, bringing its total funding to $134M. Led by CEO and Founder William Wang, the company will use the capital to scale customer deployments, expand engineering and go-to-market teams, and accelerate development of its AI-native semiconductor design platform, which automates design, verification, and debug workflows for more than 120 semiconductor companies, including MediaTek and Micron. FOUNDER: William Wang INVESTORS: B Capital, Bessemer Venture Partners, Micron, MediaTek, Ericsson & ScOp ROUND: Series A2 AMOUNT: $60,000,000 HQ: San Jose, California #VentureCapital #ChipAgents #WilliamWang #TradedVC

Jul 29, 2026

Pangram Raises $9 Million Led By Menlo Ventures For AI Detection Technology Expansion

Pangram, a New York-based AI detection startup, has raised $9 million in funding to expand its technology for identifying AI-generated text and images as AI content continues to spread across the internet. The round was led by Menlo Ventures, with participation from Haystack, ScOp, Script Capital, and Cadenza, and comes alongside the launch of Pangram 4, its next-generation AI text detection model, and Pangram Image. Founded by Stanford AI and machine learning graduates Max Spero and Bradley Emi, Pangram uses machine learning models trained on millions of human documents to detect AI-generated and AI-assisted content, serving customers including Substack, Quora, schools, publishers, and recruiters. FOUNDERS: Max Spero & Bradley Emi INVESTORS: Menlo Ventures, Haystack, ScOp, Script Capital & Cadenza AMOUNT: $9,000,000 HQ: New York, New York #VentureCapital #Pangram #MaxSpero #BradleyEmi #TradedVC

Jul 29, 2026

Epitel Secures $26 Million Series B Funding Led By Catalyst Health Ventures And Genoa Ventures

Epitel, a Salt Lake City-based digital health company, has raised $26 million in a Series B financing round to expand commercial access to its wireless EEG monitoring system. The round was co-led by Catalyst Health Ventures and Genoa Ventures, with participation from new and existing investors, and will support the growth of Epitel’s REMI Remote EEG Monitoring System, which uses wearable sensors and AI-driven event detection to enable at-home brain monitoring for patients with suspected seizures. President and CEO Steve Pacelli said the funding marks a key milestone as the company works to address gaps in seizure diagnosis by scaling sales, distribution, and access across ambulatory and pediatric markets. FOUNDER: Mark Lehmkuhle INVESTORS: Catalyst Health Ventures & Genoa Ventures ROUND: Series B AMOUNT: $26,000,000 HQ: Salt Lake City, Utah #VentureCapital #Epitel #MarkLehmkuhle #TradedVC

Jul 29, 2026

Harmony Raises $34 Million Seed Round Led By Lightspeed Venture Partners

Harmony, a one-year-old startup based in New York and Tel Aviv, has raised a $34 million seed round led by Lightspeed Venture Partners, with participation from Hitachi Ventures, Fin Capital, Mercer Ventures, Operator Partners, the Wiz founding team, Assaf Rappaport, and Ofir Ehrlich. Founded by CEO Nitzan Shapira and CTO Ran Ribenzaft—who previously sold their first startup to Cisco for $500 million—Harmony uses AI within Slack and Microsoft Teams to handle workplace requests such as onboarding, software access, password resets, approvals, and policy questions, helping employees complete tasks without navigating complex internal systems or waiting for support teams. FOUNDERS: Nitzan Shapira & Ran Ribenzaft INVESTORS: Lightspeed Venture Partners, Hitachi Ventures, Fin Capital, Mercer Ventures, Operator Partners, the Wiz founding team, Assaf Rappaport & Ofir Ehrlich ROUND: Seed AMOUNT: $34,000,000 HQ: New York, New York #VentureCapital #Harmony #NitzanShapira #RanRibenzaft #TradedVC

Jul 29, 2026

Corient Acquires Seven Bridges Advisors Managing $4.9 Billion In Client Assets

Corient, the Miami-based registered investment advisor owned by Mubadala Investment Company, has acquired New York City-based multi-family office Seven Bridges Advisors, which manages $4.9 billion in client assets. Founded in 2011 by Laurence “Larry” Cohen, Seven Bridges serves entrepreneurs, founders, financial services executives, and ultra-high-net-worth families. The transaction is Corient’s sixth acquisition of 2026 and contributes to the roughly $37 billion in assets the firm has added through M&A this year, further strengthening its New York presence and expanding its platform to approximately $535 billion in client assets. The acquisition reflects ongoing consolidation across the wealth management industry as Corient continues its aggressive growth strategy following its parent company’s take-private transaction involving CI Financial in 2025. Notably, the provided details do not mention any recent funding raise. HQ: Miami, Florida #VentureCapital #Corient #SevenBridgesAdvisors #TradedVC

Jul 29, 2026

FIFA Launches $20 Billion FIFA Forward Enterprise With J.P. Morgan And Thrive Eternal

FIFA has announced plans to launch FIFA Forward Enterprise, a new $20 billion venture designed to manage the FIFA World Cup with private investment backing. The initiative, which is being advised by J.P. Morgan, will include participation from Thrive Eternal, an investment firm founded by Joshua Kushner, brother of Jared Kushner. The funding announcement comes amid heightened political scrutiny, as Rep. Jamie Raskin has opened an investigation into FIFA’s relationship with the Trump administration, raising questions about potential conflicts of interest and the timing of the new investment venture. INVESTORS: J.P. Morgan & Thrive Eternal AMOUNT: $20,000,000,000 HQ: Zurich, Switzerland #VentureCapital #FIFA #JPMorgan #ThriveEternal #TradedVC

Jul 29, 2026

Moonshot AI Secures $3.5 Billion Funding Round Valuing Company At $35 Billion

Moonshot AI, a Beijing-based artificial intelligence startup, has closed a $3.5 billion funding round that boosted its valuation to $35 billion, significantly surpassing its original fundraising target of $1 billion to $2 billion. The raise follows the July 16 launch of its Kimi K3 model, a 2.8-trillion-parameter open-weight system that has attracted global attention for its competitive performance in coding and knowledge-work tasks. The company is reportedly seeking additional funding at a $50 billion pre-money valuation ahead of a planned Hong Kong IPO later this year. Moonshot’s rapid growth is underscored by an eightfold increase in valuation over just six months, while growing adoption of its models by U.S. technology firms has further strengthened investor confidence. FOUNDER: Yang Zhilin INVESTORS: Alibaba, Tencent, Meituan & HSG AMOUNT: $3,500,000,000 VALUATION: $35,000,000,000 HQ: Beijing, China #VentureCapital #MoonshotAI #YangZhilin #TradedVC

Jul 29, 2026

Coursera Invests $100 Million In AI Education Startup LearnVector Founded By Andrew Ng

LearnVector, a new AI-powered education startup founded and led by CEO Andrew Ng, has launched with a $100 million investment from Coursera, which will take a one-third stake in the company. Announced on July 28, 2026, the Mountain View-based startup aims to replace traditional one-size-fits-all courses with personalized, AI-driven tutoring experiences designed to help white-collar workers develop new skills as AI transforms the workplace. LearnVector plans to collaborate with Coursera and Udemy on trusted educational content, with its first products expected to launch in early 2027. Ng said the company’s mission is to use AI to accelerate human development by delivering individualized learning paths that adapt to each learner’s progress and needs. FOUNDER: Andrew Ng INVESTOR: Coursera AMOUNT: $100,000,000 HQ: Mountain View, California #VentureCapital #LearnVector #AndrewNg #TradedVC

Jul 29, 2026

Freehand Raises $75 Million Funding Led By Battery Ventures And NewRoad Capital Partners

Freehand, a San Francisco-based startup founded in 2024 by Nitin Jayakrishnan and Abhijeet Manohar, has raised $75 million in a funding round co-led by Battery Ventures and NewRoad Capital Partners, with participation from PSP Growth and Nexus Venture Partners. The company’s AI agents are already managing supply-chain operations for major enterprises including Meta, Unilever, Johnson & Johnson, Pfizer, Dunkin’, and Cardinal Health, automating tasks such as contract review, invoice processing, payments, and supplier negotiations. According to Freehand, customers have recovered 5–10% of supply-chain spend, completed workflows 5–7 times faster, and reduced procure-to-pay cycles by more than 70%. “This is the beginning of true autonomy in the enterprise,” said Nitin Jayakrishnan, Freehand’s co-founder and CEO, as the company plans to use the new funding to expand its AI-driven supply-chain automation platform. FOUNDERS: Nitin Jayakrishnan & Abhijeet Manohar INVESTORS: Battery Ventures, NewRoad Capital Partners, PSP Growth & Nexus Venture Partners AMOUNT: $75,000,000 HQ: San Francisco, California #VentureCapital #Freehand #NitinJayakrishnan #AbhijeetManohar #TradedVC