Daily Digest
Daily Digest
Pomegra Startups
Funding rounds, valuations, acquisitions, and IPOs - daily coverage of the companies shaping the private markets
UK AI chip startup OLIX raises €270.5M ($312M) Series B at a €2.8B valuation just two years after founding, backed by Arm, Hudson River Trading, and Netflix co-founder Reed Hastings, to scale production of its next-generation AI processors.
Seattle biotech InduPro closes a $77M Series B led by The Column Group, dosing its first patient in a Phase 1 trial of IDP-001, an antibody-drug conjugate targeting advanced non-small cell lung cancer and other solid tumors.
Swedish deeptech startup SweGaN raises $14M Series B led by Thisbe AB to expand production of its gallium nitride-on-silicon carbide epitaxial wafers, a key material for next-generation power electronics and RF semiconductors.
Munich aquaculture startup Oceanloop secures €38.5M — combining equity from Hatch Blue's Blue Revolution Fund and a €32M EIB venture-debt facility — to scale its software-driven, land-based recirculating aquaculture system for Giant Grouper production across Europe.
US-UK AI startup Twin1 exits stealth with a $20M seed co-led by Bessemer Venture Partners, Tribeca Ventures, and Aramco Ventures, building AI digital twins that replicate each knowledge worker's expertise and institutional memory across the enterprise.
US satellite startup Muon Space raises $250M Series C at a $1.5B valuation led by Eclipse Capital, backed by Google and Salesforce, to scale production of its Earth-observation constellations and invest in orbital AI computing.
Israeli AI world-model startup Decart is reported to be in advanced deal talks with Anthropic at a ~$7B valuation — up from the initial $6B report — after Anthropic beat out rival bidders including Nvidia; the company builds real-time interactive video and robotics simulation environments.
Santa Barbara semiconductor startup Quintessent closes a $40M oversubscribed Series A led by Cycle Capital, backed by Goldman Sachs and Ciena, to commercialize its single-chip quantum dot DWDM comb laser that simplifies optical connectivity inside AI datacenters.
US stablecoin neobanking startup Fasset raises $68M Series C at a $1B unicorn valuation led by Japan's SBI Group, following sixfold revenue growth and over $40B in annualized transaction volume across 125 countries.
UK anti-drone defense startup Cambridge Aerospace raises $300M Series C led by DFJ Growth at a $3.4B valuation to scale production of its Starhammer and Skyhammer autonomous interceptor systems.
US nuclear startup Valar Atomics raises $1B Series B led by Sequoia at a $6B valuation to mass-produce modular waterless nuclear microreactors purpose-built to power AI data centers.
US AI-native accounting startup Rillet closes a $100M Series C led by ICONIQ, hitting unicorn status at $1B valuation two years after emerging from stealth with 600+ enterprise customers.
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