Who's Raising & What's Closing

Jul 10, 2026

Mercor In Talks To Raise $20 Billion Following Deeptune Acquisition And Revenue Growth

Mercor, an AI training startup, is reportedly in early discussions to raise a new funding round at a $20 billion valuation. The potential valuation would double the company’s $10 billion valuation from October 2025, when it raised a $350 million Series C round. Founder and CEO Brendan Foody recently stated that Mercor’s annualized revenue run rate has surpassed $2 billion, representing 100% growth in just four months. The company also announced the acquisition of Deeptune, an AI agent training firm, with the entire Deeptune team joining Mercor. The strong revenue growth, acquisition activity, and prospective funding round suggest Mercor is continuing to expand despite challenges earlier this year, including a data breach and legal disputes involving contract workers. FOUNDER: Brendan Foody AMOUNT: $20,000,000,000 HQ: San Francisco, California #VentureCapital #Mercor #BrendanFoody #TradedVC

Jul 10, 2026

Klinic Secures $24 Million In Seed And Series A Funding From Proofpoint Capital And I2BF Global Ventures

Klinic, an AI-enabled specialty care access platform, has raised $24 million in combined seed and Series A funding to expand its provider network, enhance its AI-powered platform, and grow its life sciences partnerships. The round was co-led by Proofpoint Capital and I2BF Global Ventures, with representatives from both firms joining Klinic’s board. Founded and led by CEO Avish Bhama, Klinic helps patients navigate the often complex specialty care journey by using artificial intelligence and workflow automation to streamline provider matching, insurance verification, prior authorizations, patient communications, and pharmacy coordination. The company has already supported more than 150,000 patients and aims to make specialty care access faster, more connected, and more affordable. FOUNDER: Avish Bhama INVESTORS: Proofpoint Capital & I2BF Global Ventures ROUND: Seed & Series A AMOUNT: $24,000,000 HQ: Dallas, Texas #VentureCapital #Klinic #AvishBhama #TradedVC

Jul 10, 2026

Databento Secures $97 Million Series B Funding Led By New Enterprise Associates

Databento announced a $97 million Series B funding round led by New Enterprise Associates (NEA), with participation from investors including DRW, Redpoint Ventures, and Tribe Capital. In a July 9, 2026 announcement, CEO Christina Qi said the funding will help accelerate the company’s mission to build a modern market data platform for finance. Databento reported 6.65x year-over-year revenue growth, 97% enterprise retention since inception, profitability ahead of schedule, and support for more than 3,000 companies worldwide. The company plans to use the investment to expand into new asset classes and geographies, increase its global data center footprint, and continue investing in the infrastructure that powers its market data services. FOUNDER: Christina Qi INVESTORS: New Enterprise Associates (NEA), DRW Venture Capital, Redpoint Ventures, Tribe Capital, Alumni Ventures, Blindspot Ventures, Cross Creek, Fifth Down Capital, Motley Fool Ventures, Operator Collective, TGVP & Trousdale Ventures ROUND: Series B AMOUNT: $97,000,000 HQ: Salt Lake City, Utah #VentureCapital #Databento #ChristinaQi #TradedVC

Jul 09, 2026

Ollama Raises $65 Million Series B Led By Theory Ventures Bringing Total Funding To $88 Million

Ollama, the popular open-source AI developer tool that helps developers run open-weight AI models locally on their computers, has raised a $65 million Series B round led by Theory Ventures, bringing its total funding to $88 million. Founder and CEO Jeff Morgan said the company, which launched in 2023, is now used by more than 8.9 million developers each month and is present in 85% of Fortune 500 companies. Built by Morgan and co-founder Michael Chiang, who previously helped create Docker Desktop, Ollama has gained significant traction with developers through its free desktop product while also expanding its cloud offerings for larger AI models that are too resource-intensive to run locally. FOUNDER: Jeff Morgan INVESTORS: Theory Ventures, Benchmark & Peter Fenton ROUND: Series B AMOUNT: $65,000,000 HQ: Palo Alto, California #VentureCapital #Ollama #JeffMorgan #TradedVC

Jul 09, 2026

Anthropic Secures $1.2 Trillion Valuation Boost Ahead Of 2026 IPO With Growing Investor Demand

Anthropic’s implied valuation on secondary market platforms has surged to approximately $1.2 trillion, a 550% increase from a year ago, as investor demand for shares intensifies ahead of a potential IPO later in 2026. The valuation exceeds OpenAI’s reported valuation of roughly $908 billion and comes shortly after Anthropic completed a $65 billion funding round in May that valued the company at $965 billion. Despite the strong demand, actual trading activity remains limited due to scarce share availability. The company is also expanding its footprint, having leased a large office building in Manhattan and planning to grow its New York workforce to more than 1,000 employees by the end of 2026, underscoring its rapid growth as it prepares for a possible public listing. FOUNDERS: Dario Amodei & Daniela Amodei AMOUNT: $1,200,000,000,000 HQ: San Francisco, California #VentureCapital #Anthropic #DarioAmodei #DanielaAmodei #TradedVC

Jul 09, 2026

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

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

Jul 09, 2026

Lucra Acquires Fantasy Gaming Platform Bracketology Founded By Kaitlyn Hurley And Jonah Fialkow

New York-based Lucra (@PlayLucra) has continued its growth momentum following a $20M+ fundraising round announced earlier this spring, alongside a strategic investment in mobile gaming studio CRWN. The company recently acquired Bracketology (@Bracketology.TV), the free-to-play fantasy gaming and prediction platform for reality TV fans founded by Kaitlyn Hurley and Jonah Fialkow, adding a community of 1.2 million players and established media partnerships to its ecosystem. Founded by Dylan Robbins, Lucra plans to integrate its free-to-play rewards SDK across Bracketology while keeping the brand independent and launching new mobile mini games ahead of the fall 2026 reality TV season. FOUNDERS: Dylan Robbins (@DRobzingis), Kaitlyn Hurley & Jonah Fialkow (@JewishJonah) HQ: New York, New York #VentureCapital #Lucra #TradedPartner #DylanRobbins #KaitlynHurley #JonahFialkow #TradedVC

Jul 09, 2026

Paradigm Raises $1.2 Billion Fund To Invest In AI And Robotics Sectors

Paradigm, a crypto-focused venture capital firm, has raised a new $1.2 billion fund to expand its investment strategy beyond cryptocurrency and into fast-growing sectors such as artificial intelligence and robotics. Announced on Wednesday, the fund is Paradigm’s third venture vehicle and reflects the firm’s response to increasing investor interest in AI startups alongside a slowdown in crypto-related investment activity. While Paradigm was originally established to back cryptocurrency companies, the new fund will allow it to pursue opportunities in emerging technologies while continuing to support investments across the crypto ecosystem. FOUNDERS: Fred Ehrsam & Matt Huan AMOUNT: $1,200,000,000 HQ: San Francisco, California #VentureCapital #Paradigm #FredEhrsam #MattHuan #TradedVC

Jul 08, 2026

Vendelux Raises $50 Million Series B Led By Tribeca Venture Partners For Event Intelligence Tools

Vendelux has raised a $50 million Series B round led by Tribeca Venture Partners, with participation from S3, Pelion Ventures, HubSpot Ventures, FirstMark, and Cervin Ventures, bringing the company’s total funding to $71 million. The company provides intelligence and measurement tools for B2B events, tracking more than 250,000 events worldwide to help organizations identify opportunities for meaningful in-person engagement and better measure event ROI. Used by more than 50,000 marketing professionals and influencing over $5 billion in event spend, Vendelux serves customers including Ramp, Glean, Coupa, McKesson, WRITER, Deel, Intel, and the United States Postal Service. According to Alex Reynolds, CEO and Co-founder of Vendelux, the new funding will support further investment in AI and new products designed to strengthen connections between marketers and event organizers while making business events more measurable and effective. FOUNDERS: Alex Reynolds & Stefan Deeran INVESTORS: Tribeca Venture Partners, S3, Pelion Ventures, HubSpot Ventures, FirstMark & Cervin Ventures ROUND: Series B AMOUNT: $50,000,000 HQ: New York City, New York #VentureCapital #Vendelux #AlexReynolds #StefanDeeran #TradedVC

Jul 08, 2026

Fleek Secures $25 Million In Series B Funding Led By Burda Principal Investments

Fleek has announced a $25 million Series B funding round, bringing its total funding to $45 million. The round was led by Burda Principal Investments, with participation from eBay Ventures, Andreessen Horowitz, HV Capital, Y Combinator, FJ Labs, H14, and Pioneer Fund. Fleek is building an AI-native marketplace for the global secondhand apparel industry, using proprietary models to understand resale fashion, match buyers with suppliers, and automate operations. Its flagship AI vision model, FleekSort, can identify, grade, and price garments in seconds, helping modernize a secondhand market that still relies heavily on manual processes. The company says the new funding will support its mission of making secondhand the first choice and expanding its AI-driven platform across a rapidly growing global resale market. FOUNDER: Abhi Arora INVESTORS: Burda Principal Investments, eBay Ventures, Andreessen Horowitz (a16z), HV Capital, Y Combinator, FJ Labs, H14 & Pioneer Fund ROUND: Series B AMOUNT: $25,000,000 HQ: London, United Kingdom #VentureCapital #Fleek #AbhiArora #TradedVC

Jul 08, 2026

Vermilion Cliffs Ventures Closes $25 Million Fund II For AI Cybersecurity And Developer Tools

Vermilion 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

Jul 08, 2026

Apple Commits Over $30 Billion To Broadcom For US Chip Manufacturing Expansion

Broadcom 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

Jul 08, 2026

Blue Origin Raises $10 Billion At $130 Billion Valuation With Coatue Asset Management And Jeff Bezos

Blue 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

Jul 08, 2026

Venus Aerospace Raises $90 Million In Series B Funding Led By Mercury Fund

Venus 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

Jul 08, 2026

Omni Ventures Closes $33 Million Fund To Back Pre-Seed Startups Digitizing Manufacturing Technology

Omni Ventures, a San Jose-based venture capital firm founded by former Apple engineers Simon Lancaster and Sabrina Paseman, has closed an oversubscribed $33 million debut fund focused on backing pre-seed startups digitizing manufacturing technology. The firm invests $700,000 to $1 million in companies developing software, AI, robotics, automation, and connected industrial systems designed to unlock factory-floor data and modernize industrial supply chains. Supported by investors from 14 countries and anchored by Allocator One, Omni Ventures has already begun deploying capital, including participation in Mimiq’s $4 million seed round, while offering portfolio companies hands-on industry expertise and customer adoption support. FOUNDERS: Simon Lancaster & Sabrina Paseman AMOUNT: $33,000,000 HQ: San Jose, California #VentureCapital #OmniVentures #SimonLancaster #SabrinaPaseman #TradedVC

Jul 07, 2026

Figma Acquires AI Agent Platform Bud From Y Combinator For Team Integration

Figma has acquired the team behind Bud (formerly Orchids), a Y Combinator-backed startup that evolved from a vibe-coding platform into an AI agent platform capable of browsing the web, writing code, and automating tasks. The acquisition reflects Figma’s broader push to expand beyond design and bring AI-powered coding, prototyping, and app-building capabilities closer to its platform. Commenting on the deal, Bud CEO Kevin Lu said that Figma is a natural home for this new era of AI-driven work. As part of the acquisition, Bud and Orchids will shut down by July 18, with users required to migrate their projects before then. Notably, the details provided do not mention any recent funding raise for Bud. #VentureCapital #Figma #Buds #TradedVC

Jul 07, 2026

Versant Media Group Acquires Full Swing From Bruin Capital For $530 Million

Versant Media Group has agreed to acquire golf simulator and sports-technology company Full Swing from Bruin Capital and minority investors for approximately $530 million in cash, making it Versant’s largest acquisition to date. The deal values Full Swing at more than three times the roughly $160 million Bruin Capital paid for the company in 2021 and will add the business to Versant’s Digital Platforms and Ventures portfolio, where Full Swing CEO Ryan Dotters will report to Will McIntosh. Known for its golf simulators, tracking technology, and analytics software, Full Swing is also the official technology partner of TGL, the indoor golf league co-founded by Tiger Woods and Rory McIlroy. The transaction is expected to close before the end of the year. SALE PRICE: $530,000,000 #VentureCapital #VersantMediaGroup #FullSwing #TradedVC