OMass Therapeutics, a University of Oxford spin-out developing small-molecule drugs.
Why it matters: The round shows how European biotech investors are concentrating capital on platform-based drug discovery, with OMass's native mass spectrometry approach now funded through Phase 2.
British clinical-stage biopharma company Microbiotica announced the first close of a €42 million Series C round led by British Business Bank.
Why it matters: Microbiotica's Series C first close shows how genomics and machine learning are moving microbiome drug candidates into Phase 2 trials.
Ramp raised $1.85B in primary financing at a $60B valuation, up from $44B in June.
Same story, shown in Top Deals《Ramp raises $1.85B at $60B valuation as it pushes deeper into AI》
Ramp Business Corp. raised $1.85 billion in a Series G round led by Dragoneer, valuing the corporate credit card and software provider at $60 billion.
Same story, shown in Top Deals《Ramp raises $1.85B at $60B valuation as it pushes deeper into AI》
Ramp raised $1.85 billion in a round co-led by Dragoneer, Thrive Capital, Founders Fund.
Why it matters: Ramp's four-month jump from a $44B to a $60B valuation shows how fast AI-adjacent fintech revenue is compounding, and where its token-spend ambitions may collide with model providers.
Stand, a San Francisco home insurer, raised a $70 million Series C at a $1 billion valuation led by Saga Ventures.
Why it matters: Stand's digital-twin pricing shows how physics simulation and a world model can replace zip-code risk scoring, with its own backtest as the only evidence.
Abby Care, an AI-native home care startup that trains family members to become certified.
Why it matters: Abby Care's $82M Series C shows investors backing an AI-native Medicaid provider that trains and pays family caregivers, a model aimed at the home care labor gap.
Modal raised $750M at a $15.75B valuation led by Accel, with Kleiner Perkins joining.
Same story, shown in Top Deals《Modal raises $750M Series D at $15.75B valuation》
Chemical sourcing startup Scimplify raised $25 million in a Series C led by Hitachi Ventures.
Same story, shown in Top Deals《Scimplify raises $25M to use AI for critical materials》
Modal, an AI infrastructure platform for inference, sandboxes, and training, raised $750M in Series D funding led by Accel.
Modal Labs raised $750M in a Series D led by Accel, with Kleiner Perkins and existing investors.
Why it matters: Modal's Series D and disclosed revenue mix show how hosted container infrastructure is becoming a paid layer for training and agent workloads.
Hamburg-based 1KOMMA5° raised €70M from existing and new investors at a $1.35B valuation.
Why it matters: The round shows how a hardware-led energy installer is pitching its Heartbeat AI software to public-market investors, with a US entry and IPO both tied to 2027 results.
TypeSafe AI, maker of the non-text model Jev, raised $870 million at a $7.5 billion valuation led by Andreessen Horowitz.
Why it matters: TypeSafe's $870M round at a $7.5B valuation weeks after Jev's launch shows how fast enterprise buyers are testing non-LLM automation models.
Valon, a mortgage servicing platform that uses AI agents to automate loan servicing workflows.
Why it matters: Valon's $150M Series D shows investors backing AI agents applied to mortgage servicing, a regulated workflow where automation adoption is still early.
Whoop closed a $575 million Series G led by Collaborative Fund at a $10.1 billion valuation.
Why it matters: Whoop's $575M Series G at a $10.1B valuation, nearly triple its prior mark, shows how subscription wearables are drawing sovereign funds and health institutions into consumer fitness.
Supabase raised $100 million at a $5 billion valuation, just months after closing $200 million at a $2 billion valuation. On TechCrunch's Equity podcast.
Why it matters: Supabase's decision to decline large enterprise contracts while raising at a $5B valuation offers a concrete look at how infrastructure startups are positioning themselves in the vibe-coding boom.
Redwood Materials raised a $350 million Series E led by Eclipse, with a new strategic investment from Nvidia's venture arm NVentures. A source put the valuation at about $6 billion.
Why it matters: Redwood's $350M round and Nvidia's participation show how retired EV batteries are being repurposed to supply power for AI data centers.
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