
CivilGrid Raises $26M to Map the Underground
CivilGrid (US) — raises $26M Series A led by Spark Capital to consolidate utility, ownership, and environmental data for underground infrastructure, with PG&E as a client.
Daily Digest
Daily Digest
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Funding rounds, valuations, acquisitions, and IPOs - daily coverage of the companies shaping the private markets

CivilGrid (US) — raises $26M Series A led by Spark Capital to consolidate utility, ownership, and environmental data for underground infrastructure, with PG&E as a client.

Retro (US) — ex-Instagram engineers raise $21M Series A for a private, friend-focused photo-sharing app that surfaces memories from your camera roll.

Echo acquires Minimus (US) — vulnerability-free container image startup Echo picks up the technology assets of hardened-software company Minimus after the latter winds down operations, despite having raised $51M; Echo integrates Minimus's minimal OS work to become the first distro-agnostic hardened software platform.

Bevel (US) raises $6M seed backed by Bessemer, Resolute, and Shakti VC — the Austin insurtech, born after the 2025 LA Palisades fire destroyed the CEO's childhood home, is pivoting from free wildfire-claims AI tools (used by a quarter of Palisades and Eaton survivors) into a licensed high-net-worth personal lines brokerage.

Yardstik (US) raises $30M Series B led by Harbert Growth Partners — the workforce screening startup is expanding beyond pre-hire background checks into continuous post-hire fraud monitoring, with new tools that give HR teams live risk signals across their entire workforce.

AusperBio (US) closes a $120M Series C bringing total raised to $360M — the San Jose-based biotech is advancing its lead hepatitis B therapy AHB-137 into a Phase 3 registrational trial toward a potential functional cure for chronic HBV.

Valar Atomics Raises $1B Series B at $6B Valuation Sequoia leads a $1 billion Series B in microreactor startup Valar Atomics, valuing the company at $6 billion amid surging AI data center power demand.

Entravel Group (Denmark) raises $7.5M seed co-led by Ethereal Ventures and Finality Capital to scale its white-label hotel booking infrastructure beyond crypto-native clients (Kraken, MetaMask, KuCoin) into mainstream travel, adding a stablecoin settlement layer for treasury and working-capital management.

Cytix (UK) raises $7M Series A led by Northern Gritstone, with KPMG and NCC Group as strategic users, to police AI-generated code changes and flag the security risks introduced by accelerated software development cycles.
Boldr (UK) raises $5M pre-Series A from Unconventional Ventures and Ada Ventures to turn HVAC contractors into grid infrastructure providers by connecting home heating, cooling, and energy devices into flexible distributed grid capacity.

Solace Care (Sweden) raises a €2.1M pre-seed led by Spintop Ventures to expand its digital end-of-life planning and post-loss administration platform from 25,000 covered lives across Scandinavia into the Netherlands and UK.

EverPass Media (US) is acquired by UK sports streaming giant DAZN — EverPass holds exclusive NFL Sunday Ticket commercial venue distribution rights — rebranding as DAZN for Business, with RedBird Capital Partners, 32 Equity, and TKO Group becoming DAZN minority shareholders.