Daily Digest
Daily Digest
Pomegra Startups
Funding rounds, valuations, acquisitions, and IPOs - daily coverage of the companies shaping the private markets
US defense startup Castelion raises $1B Series C at a $13B valuation, co-led by JPMorgan, a16z, and Carlyle, to mass-produce its Blackbeard low-cost hypersonic strike missile for the US military.
US orbital infrastructure startup Starcloud raises a $250M extension to its Series A to build and operate data centers in space as terrestrial launch capacity tightens.
Toronto AI biotech Biossil exits stealth with $70M co-led by Founders Fund and OpenAI to acquire and rescue failed drug candidates using large language models, with several molecules already in clinical trials.
US autonomous pentesting startup Horizon3 raises $250M Series E at a $2B+ valuation, co-led by NightDragon and NEA, to lead the emerging "AI vs. AI" era of cybersecurity.
AI model-routing startup OpenRouter acquired by Stripe for over $7B — more than 5x its $1.3B valuation from just three months earlier.
British defense-tech startup Agon exits stealth with $30M led by Lux Capital and Northzone to build synthetic virtual battlefields where autonomous weapons and counter-drone systems train against adaptive AI adversaries.
UK cybersecurity startup Prevalent AI, originally spun out of GCHQ, raises £16M in its first primary capital in nine years to map fragmented enterprise data into security knowledge graphs.
Boston biotech Beeline Medicines raises a $126M Series A extension backed by Bain Capital and Bristol-Myers Squibb to advance precision therapies for autoimmune and inflammatory diseases.
Semiconductor chiplet interconnect startup Eliyan raises $145M to commercialize its high-bandwidth die-to-die connection technology for next-generation AI chips.
AI startup Simile, which builds systems that replicate human decision-making, raises $200M+ Series A led by Index Ventures.
Preventive health diagnostics platform Function Health raises $450M from General Catalyst, following three acquisitions including AI imaging startup Ezra.
Live-shopping marketplace Whatnot raises $545M Series G at a $20B valuation as it expands its creator-driven commerce model globally.
Pomegra