Media is too big
VIEW IN TELEGRAM
Helsinki-based fintech startup Inven has secured $12.75 million in Series A funding to revolutionize how private market deals are sourced. By leveraging artificial intelligence, Inven aims to provide investment professionals with a more efficient and insightful approach to identifying opportunities in the private sector.
• Inven’s platform continuously analyzes data from over 21 million companies across 160+ countries, utilizing information from millions of sources, including company websites, news outlets, and regulatory filings.
• The AI-native system employs advanced natural language processing to process unstructured data, enabling it to surface investment opportunities that might otherwise go unnoticed.
• The Series A round was co-led by Ventech and Vendep Capital, with participation from angel investor Risto Siilasmaa, founder of F-Secure and former Chair of Nokia, along with existing backers Lifeline Ventures and Joint Effects.
• With the new capital, Inven plans to double or triple its workforce over the next 12 to 18 months, focusing on expanding its AI engineering, product development, and customer success teams.
• The company also aims to broaden its presence in North America and other key financial hubs globally.
• Founded in 2022 by former consultants from McKinsey and BCG—Niilo Pirttijärvi, Ekku Jokinen, and Tommi Kupiainen—Inven was born out of firsthand experience with the inefficiencies in traditional deal sourcing methods.
• Their combined expertise in consulting and technology has been instrumental in developing a platform that addresses the complexities of the private market landscape.
• Over 700 firms across Europe and the U.S., including investment banks, private equity firms, and consultants, are currently utilizing Inven’s platform to streamline their deal sourcing processes.
• The platform’s ability to deliver timely and relevant insights has made it an invaluable tool for professionals seeking a competitive edge in the market.
With its innovative approach and strong backing, Inven is poised to become a leading force in the evolution of private market deal sourcing.
Please open Telegram to view this post
VIEW IN TELEGRAM
San Francisco-based gaming startup Oncade has raised $4 million in seed funding to reinvent how games are sold and shared. By letting developers sell directly to players—and rewarding communities that help spread the word—Oncade is flipping the script on app stores and traditional game distribution channels.
• Oncade enables developers to launch their own storefronts, sell games directly, and bypass fees from Steam, the App Store, and Google Play.
• The platform lets players act as affiliates—promoting games and in-game items in exchange for revenue share.
• It supports presales, live ops, and global payouts via stablecoin rails, offering speed, transparency, and ownership.
• The $4M round was led by a16z crypto’s CSX initiative, with participation from Balaji Srinivasan, Twitch co-founder Kevin Lin, and other gaming insiders.
• Oncade plans to use the funds to scale its platform and grow its developer base across mobile and PC ecosystems.
• Co-founders Stavros Lee and Greg Reisdorf bring deep experience from EA, Activision, OUYA, Meta, and Coinbase.
• Their vision: empower developers and players to share in the economics of game publishing and discovery.
• Game studios today face steep platform fees and rising customer acquisition costs.
• Oncade turns discovery into a community-driven function—rewarding creators, streamers, and players who help games find their audience.
By decentralizing distribution and aligning incentives, Oncade is giving the gaming world a platform that’s more open, more direct, and more player-first.
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
London-based health-tech startup Hormona has secured $6.6 million (£5M) in seed funding to transform how women monitor and manage their hormonal health. By integrating AI-driven analytics with at-home testing, Hormona aims to provide women with real-time insights into their hormonal fluctuations, eliminating the need for frequent lab visits and invasive procedures.
• Hormona’s at-home tests are fully quantitative, covering the complete clinical range with over 90% accuracy compared to standard venous blood samples.
• The platform offers ongoing monitoring at a fraction of the cost of traditional hormone panels, which can exceed $175 per test.
• Users receive personalized insights into their hormonal phases, symptom-reduction strategies, cycle-specific nutrition advice, and partner alerts through a monthly subscription model.
• Founded in 2020 by CEO Karolina Löfqvist and COO Jasmine Tagesson, Hormona was born out of Löfqvist’s personal struggle with undiagnosed hormonal issues.
• Their combined expertise in consulting, user experience, and product development has been instrumental in creating a platform that addresses the complexities of women’s hormonal health.
• Hormona’s app has been downloaded in over 190 countries, experiencing 30% month-over-month growth.
• The platform boasts an 80% user retention rate after one year, indicating strong user engagement and satisfaction.
• The seed round was led by Helsinki-based Voima Ventures and co-led by SuperNode Global in London, with participation from DLF Ventures, Nascent Invest, and Techstars.
• The new capital will support the launch of additional hormone tests, expansion of B2B partnerships, and enhancement of infrastructure, marketing, and customer support.
• Voima Ventures’ Inka Mero and SuperNode’s Gina King will join Hormona’s all-female board, bringing valuable expertise to guide the company’s next growth phase.
Hormona’s innovative approach and strong backing position it to become a leading force in the evolution of women’s hormonal health management.
Please open Telegram to view this post
VIEW IN TELEGRAM
REplace, a climate tech startup based in the U.S., has raised $2.1 million in pre-seed funding to accelerate the deployment of renewable energy and data center infrastructure. The startup uses AI to drastically cut the time it takes to assess land and grid compatibility—one of the biggest bottlenecks in clean energy development.
• REplace’s platform evaluates over 50 variables—including grid access, land ownership, permitting complexity, and market dynamics—to identify optimal sites for energy projects.
• What previously took weeks or months can now be done in seconds, helping developers avoid dead-end projects and start building faster.
• The $2.1M round was led by Gravity Climate and Techstars, with participation from Malbec Ventures, Adam/a, and angels with backgrounds in solar, energy, and data infra.
• This brings REplace’s total funding to $2.175M. The capital will be used to expand engineering capacity, enhance its AI feature set, and scale across U.S. markets.
• Already in use by major players like Iberdrola (via Kyoto), EDF Renewables, Doral Energy, Elawan, and Bithenergy, REplace is proving its value to large-scale energy developers.
• The platform helps reduce early-stage failure risk—critical in a market where 80% of U.S. clean energy projects stall before reaching construction.
• REplace was founded in 2023 by Matias Sigal (CEO) and Alan Algamis (CTO), both with experience navigating energy development challenges firsthand.
• Their insight into the friction in site selection helped shape REplace’s core product: an AI-first tool that removes uncertainty at the earliest stage.
In a world racing to electrify everything, REplace wants to make sure projects don’t die on the drawing board. Will AI finally unblock clean energy at scale?
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Elon Musk’s Neuralink has raised $650 million in Series E funding to accelerate the rollout of its brain-computer interface (BCI) technologies. The round boosts Neuralink’s valuation to nearly $9 billion, marking one of the largest financings in the neurotech sector to date.
• Neuralink’s first product, Telepathy, uses ultra-thin threads implanted in the brain to detect neural activity and translate it into digital commands.
• It enables patients with severe paralysis to control devices—like phones, keyboards, or robotic limbs—just by thinking.
• Five people have already received the implant, with trials underway in the U.S., Canada, and UAE.
• Investors in this mega-round include Founders Fund, Sequoia, Thrive Capital, Lightspeed, and ARK Invest.
• The new capital will support R&D, clinical deployment, and scaling the patient onboarding process.
• Neuralink has now raised over $1 billion since its founding in 2016.
• Neuralink is also working on Blindsight, a device aimed at restoring sight to the blind by bypassing damaged optic nerves.
• The FDA granted it “Breakthrough Device” status, expediting its path to human trials.
• It reflects Neuralink’s broader ambition to treat neurological conditions, not just enhance healthy brains.
• Neuralink is in active competition with startups like Synchron, Paradromics, and Precision Neuroscience, which are also racing to bring BCI products to market.
• Unlike its rivals, Neuralink is taking a high-bandwidth, fully implantable approach—betting on long-term AI integration and full-brain interfacing.
With a $9B valuation and FDA-cleared trials underway, Neuralink is no longer just a moonshot—it’s a serious contender to redefine the relationship between humans and machines. But can it move fast enough to maintain its lead?
Please open Telegram to view this post
VIEW IN TELEGRAM
Media is too big
VIEW IN TELEGRAM
Paradromics, a neurotechnology startup based in Austin, Texas, has successfully completed its first human implantation of the Connexus brain-computer interface (BCI), marking a significant advancement in the field.
• On May 14, 2025, during a scheduled epilepsy surgery at the University of Michigan, neurosurgeons temporarily implanted the Connexus device into a patient’s temporal lobe.
• The procedure lasted approximately 10 to 15 minutes, during which the device recorded neural activity, demonstrating its capability to capture meaningful brain signals.
• Connexus features a compact design—smaller than a dime—with 420 electrodes capable of high-resolution signal capture at the neuron level.
• This design aims to decode speech-related neural activity more precisely, potentially translating brain signals into speech, text, and cursor movements.
• Following this successful procedure, Paradromics plans to initiate long-term clinical trials by the end of 2025, pending FDA approval.
• The trials will focus on individuals with severe motor impairments, such as those resulting from ALS, stroke, or paralysis, aiming to restore communication abilities.
• In February 2025, Paradromics announced a strategic investment from Saudi Arabia’s Neom, signaling growing international interest in BCI technology.
• To date, the company has raised nearly $100 million in funding, supporting its mission to develop high data-rate BCI systems.
• Paradromics’ recent achievement positions it as a notable competitor to other BCI developers, including Elon Musk’s Neuralink, which has also been conducting human trials.
• The successful human implantation of Connexus underscores Paradromics’ commitment to advancing neurotechnology and its potential to impact individuals with severe motor impairments.
As Paradromics moves forward with clinical trials, the company’s innovative approach to brain-computer interfaces holds promise for transforming the lives of individuals facing significant communication challenges.
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Chime, the mobile-first fintech known for eliminating banking fees, has officially filed for its long-awaited IPO. The company is aiming for an $11.2 billion valuation—less than half its 2021 private market peak but still one of the largest fintech exits in years.
• Offers no-fee checking, high-yield savings, and early access to paychecks via partner banks (Bancorp and Stride).
• Targets the 60M+ Americans earning under $100K, positioning itself as the anti-bank bank.
• Became a category-defining brand through simplicity, gamified savings tools, and rapid mobile onboarding.
• Chime plans to list under the ticker CHYM, offering 32M shares at $24–$26 each—raising up to $832M.
• The offering is led by Goldman Sachs, J.P. Morgan, and Morgan Stanley.
• This IPO is seen as a bellwether for fintech recovery after a muted market in 2022–2024.
• Last valued at $25B in 2021 (led by Sequoia), Chime is repricing in line with public comps like SoFi and Nubank.
• The company will use proceeds to cover RSU taxes and invest in customer growth.
• Despite the markdown, Chime remains one of the most successful consumer fintechs to date.
• Founded in 2013 by Chris Britt (ex-Comcast) and Ryan King (ex-Plaxo), who saw big banks profiting off consumer mistakes.
• Their thesis: “No overdraft fees” and automated savings would resonate with middle-income users burned by traditional banks.
Chime’s IPO could reopen the fintech floodgates—but will public markets reward growth without big margins?
Please open Telegram to view this post
VIEW IN TELEGRAM
Ciroos, a stealthy AI startup founded just four months ago, has burst onto the scene with a $21M seed round to reinvent how reliability teams detect and respond to system failures—using autonomous AI agents that act like full-time teammates.
• Ciroos builds AI “teammates” designed for site reliability engineering (SRE), blending diagnostics, troubleshooting, and resolution into one intelligent layer.
• Agents integrate into existing devops stacks (observability, incident tracking, code) via MCP and A2A frameworks.
• Teams can tune autonomy: from passive suggestion to near full auto-remediation.
• Raised $21M in seed funding led by Energy Impact Partners, with participation from AME Cloud Ventures and ex-Gigamon CEO Paul Hooper.
• Team includes former execs from Cisco, AWS, and Gigamon—bringing deep ops and enterprise DNA.
• Based in Pleasanton, CA, with plans to scale engineering across the Bay Area and India.
• Enters a competitive space with startups like StackAI, Spur, Artisan, and Coworker—each building domain-specific AI coworkers.
• Unlike generic copilots, Ciroos focuses exclusively on ops downtime and production reliability.
• The market for AI-first operations tooling is expanding rapidly as cloud complexity outpaces human scaling.
• Ciroos isn’t just automating tasks—it’s building a multi-agent platform that collaborates, not just executes.
• Early demos show agents analyzing incident graphs, suggesting fixes, and triggering mitigation workflows in seconds.
• Designed to reduce alert fatigue, MTTD, and MTTR—key metrics for modern SRE teams.
Ciroos is betting that “AI teammates” will become as essential to ops teams as observability dashboards—will reliability be their wedge into the enterprise AI stack?
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Impulse Space, a California-based startup founded by SpaceX propulsion pioneer Tom Mueller, has raised a massive $300 million Series C round to scale its orbital transport fleet. The funding, led by Linse Capital with participation from DFJ Growth and returning investors like Founders Fund and Lux Capital, brings Impulse’s total capital raised to $525 million—making it one of the largest private rounds in space tech history.
• Impulse builds orbital transfer vehicles (OTVs), or “space tugs,” that move satellites from drop-off points to precise orbits.
• Its Mira vehicle, powered by Saiph bipropellant thrusters, launched on SpaceX’s Transporter-9 mission in late 2023.
• The company has secured over 30 contracts worth nearly $200 million across commercial, civil, and defense sectors.
• As rideshare launches become the norm, OTVs offer cost-effective, flexible last-mile delivery for satellites.
• Impulse’s services support Earth observation, communications, national security, and even deep space missions.
• The company aims to make in-space mobility a foundational layer of orbital infrastructure.
• Tom Mueller, Impulse’s founder and CEO, was a founding engineer at SpaceX and the architect of its Merlin and Draco engines.
• His team includes seasoned aerospace professionals with deep expertise in propulsion and spacecraft design.
• The new funding will accelerate hiring, manufacturing, and R&D to meet surging demand.
• Impulse is positioning itself as a key player in the rapidly growing market for in-space logistics and mobility.
With this significant capital infusion, Impulse Space is poised to become a cornerstone of the orbital economy, providing essential infrastructure for the next generation of space missions.
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Zero Networks, a cybersecurity startup out of Tel Aviv, just raised $55M in Series C funding to make ransomware defense radically simpler. With agentless, automated microsegmentation, the company aims to bring zero trust principles to every corner of the enterprise—without complex deployments or endless rule-writing.
• Offers an automated microsegmentation platform that blocks lateral movement—the core tactic in modern ransomware attacks.
• Combines Zero Trust Network Access (ZTNA) with Identity Least Privilege to dynamically limit who can access what, and when.
• Agentless deployment model means rapid rollout across devices, users, and workloads—on-prem or cloud.
• Revenue grew 300% since late 2023, with its customer base tripling in the same period.
• Funding will fuel go-to-market and R&D expansion across North America, EMEA, and APAC.
• Customers span sectors like healthcare, finance, and critical infrastructure—where lateral movement risks are highest.
• Led by Highland Europe, with returning support from USVP, Venrock, PICO, and F2 Venture Capital.
• Pushes total funding over $100M—a strong war chest for category leadership.
• Investors see Zero Networks as uniquely capable of scaling segmentation without the complexity that’s hampered adoption elsewhere.
• Founded by Benny Lakunishok (CEO), whose team has deep cybersecurity roots across Check Point, Microsoft, and the IDF’s Unit 8200.
• Their pitch: segmentation should be as simple as installing a firewall, not a multi-year IT project.
• The product continuously adapts access controls based on real-world behavior—no need to pre-define all rules.
Zero Networks believes the ransomware era calls for more than detection—it demands containment by design. Will simplicity be the real breakthrough in zero trust adoption?
Please open Telegram to view this post
VIEW IN TELEGRAM
Media is too big
VIEW IN TELEGRAM
AI startup You.com is raising new funds at a $1.4B valuation to fuel its shift from consumer AI to enterprise productivity search—positioning itself as a fast, customizable AI assistant for business teams.
• Offers AI agents and APIs that help teams research, write, and analyze faster.
• Pitched as “ChatGPT meets Bloomberg Terminal” for internal data and tasks.
• Moves beyond Q&A to power real work—search, generate, summarize, automate.
• Customers include hedge funds, tech unicorns, and the NIH.
• $15/month premium plan, with enterprise deals driving growth.
• Backed by Salesforce Ventures, NVIDIA, Georgian, and DuckDuckGo.
• Founded by ex-Salesforce AI leads Richard Socher and Bryan McCann.
• Total funding near $100M; new round aims to expand R&D and enterprise go-to-market.
You.com wants to be more than a chatbot—it’s building the AI coworker for the modern enterprise. Can it outmaneuver Big Tech in the race for AI-first workflows?
Please open Telegram to view this post
VIEW IN TELEGRAM
Stanford PhD student Carina Hong is raising $50M for her AI startup Axiom, aiming for a $300M–$500M valuation. The company is developing large language models trained on mathematical proofs to tackle complex problems in quantitative finance and risk analysis.
• Axiom’s AI aspires to solve intricate math problems, potentially uncovering market patterns beyond human detection.
• The technology targets hedge funds and quantitative firms seeking advanced modeling and risk assessment tools.
• Hong, a first-generation college student from Canton, China, completed degrees in math and physics at MIT in three years.
• She studied neuroscience at Oxford as a Rhodes Scholar and is now pursuing a joint JD/PhD at Stanford.
• In 2022, she received the Alice T. Schafer Prize, awarded to the top woman math major in the U.S.
• Despite being pre-product, Axiom is attracting significant investor interest, reflecting a trend of funding AI startups with strong academic foundations.
• The startup aims to provide tools that offer better modeling, faster trades, and smarter risk decisions in the financial sector.
Axiom’s success could hinge on its ability to build trust with institutional clients and deliver on its promise of mathematically rigorous AI solutions for finance.
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Cybersecurity startup Mind Security Inc. has secured $30 million in Series A funding to advance its AI-native data loss prevention (DLP) platform. The round was led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and existing investor YL Ventures, bringing the company’s total funding to over $40 million .
• Mind’s platform autonomously detects and prevents data leaks by combining data security posture and DLP into a unified solution.
• It employs a multilayer classification system to identify sensitive data, minimizing false positives and reducing alert fatigue.
• The system makes real-time decisions based on business context to distinguish between normal and high-risk behaviors .
• With the exponential growth of sensitive data in complex IT environments, Mind aims to help organizations navigate the challenges of the AI era.
• The platform addresses risks associated with both structured and unstructured data, which are common vectors for data breaches.
• Notably, a recent incident involved overseas employees from Coinbase providing insider information to hackers, leading to a breach affecting about 100 million customers .
• The new funding will enable Mind to double its research and development and marketing teams by the end of the year.
• Co-founder and CEO Eran Barak emphasizes the company’s mission to provide smarter, faster, and fully automated approaches to DLP and insider risk management .
As enterprises increasingly adopt AI technologies, Mind positions itself as a critical solution for preventing data leaks and managing insider risks in real-time.
Please open Telegram to view this post
VIEW IN TELEGRAM
AI startup Filament Syfter has raised $4.8 million in Series A funding to rebuild the fragmented data infrastructure in private equity. The round was led by FINTOP Capital, with participation from several unnamed investors. This brings the London-based company’s total funding to $6.5 million.
• Filament Syfter helps PE and investment banking firms centralize and enrich their internal and third-party data sources.
• The platform applies AI to reveal actionable insights across siloed CRMs, emails, documents, and public databases.
• It’s designed to surface better-fit deals, deepen relationship intelligence, and speed up decision-making.
• Many private market firms have spent heavily on CRMs but still rely on gut feel for deal sourcing due to poor data quality.
• Filament Syfter aims to “operationalize” data — turning static information into a proactive advantage.
• Current clients include mid-market investors like Astorg, Inflexion, and Cavendish.
• Funding will support Filament Syfter’s expansion into North America and broader global private markets.
• FINTOP Capital partners Chris Haley and Max Haskin will join the board to guide financial services scaling.
• CEO Phil Westcott, formerly with IBM Watson, sees the firm becoming the “data engine” for the PE sector.
As competition heats up in private markets, Filament Syfter is betting that smarter data — not just more data — will define the next generation of outperformers.
Please open Telegram to view this post
VIEW IN TELEGRAM
Media is too big
VIEW IN TELEGRAM
Singapore-based insurtech bolttech has closed its Series C funding round, raising $147 million and achieving a post-money valuation of $2.1 billion. The round welcomed new strategic investors Sumitomo Corporation and Iberis Capital, joining existing backers such as Dragon Fund, Baillie Gifford, and Generali’s Lion River.
• Sumitomo Corporation, one of Japan’s largest trading houses, has not only invested in bolttech but also entered into a joint venture to deliver embedded insurance programs and end-to-end services across Asia.
• Iberis Capital, a Portuguese private equity and venture capital firm, brings its expertise to support bolttech’s growth in European markets.
• The new funding will enable bolttech to enhance its platform capabilities and accelerate its global growth strategy, aiming to make insurance more personalized, accessible, affordable, and convenient for customers.
• bolttech’s platform connects over 700 distribution partners with more than 230 insurers, offering a wide range of insurance products worldwide.
With this significant investment and strategic partnerships, bolttech is poised to further its mission of transforming the insurance industry through innovative embedded solutions.
Please open Telegram to view this post
VIEW IN TELEGRAM
Media is too big
VIEW IN TELEGRAM
Autonomous trucking startup Plus is going public through a SPAC merger with Churchill Capital Corp IX, valuing the company at $1.2 billion. The deal will provide $300 million in gross proceeds and is expected to close by Q4 2025 — marking Plus’ second attempt at going public after a scrapped 2021 IPO.
• Plus builds self-driving software for long-haul trucks, targeting global manufacturers like Traton, Hyundai, and Iveco.
• Its system is currently being tested on roads in Texas and Sweden, with full commercial rollout planned for 2027.
• The company’s stack can be deployed incrementally — starting with driver-assist features and progressing to full autonomy.
• In 2021, Plus walked away from a $3.3B SPAC due to market instability.
• The current $1.2B valuation reflects more tempered expectations — but also more clarity on product roadmap and partnerships.
• Market conditions for SPACs have improved, especially in high-capex, long-horizon sectors like autonomous transport.
• Trucking continues to face labor shortages and efficiency gaps, making autonomy a compelling solution.
• Plus believes its tech can reduce delivery times, improve safety, and cut costs for freight operators.
• Regulatory signals in the U.S. and EU are gradually favoring autonomous commercial vehicles.
As the race to autonomous logistics heats up, Plus is betting that patient engineering and deep OEM ties will help it outlast earlier hype cycles.
Please open Telegram to view this post
VIEW IN TELEGRAM
This media is not supported in your browser
VIEW IN TELEGRAM
Kargo, a San Francisco-based startup using computer vision to modernize warehouse inventory, has raised an $18.4M Series A extension led by Matter Venture Partners. Strategic investors Lineage Logistics and Armada Supply Chain Solutions joined, alongside existing backers Founders Fund and Sozo Ventures.
• Kargo builds dockside infrastructure — “Kargo Towers” and “Kargo Lifts” — outfitted with AI-powered cameras.
• The system scans incoming and outgoing freight, capturing label data, case counts, and visible damage.
• A proprietary large language model analyzes the footage to flag overages, shortages, and compliance issues in real time.
• Armada has installed Kargo across 240 dock doors in its U.S. network, a major signal of operational validation.
• Lineage’s participation ties Kargo to the world’s largest temperature-controlled logistics network.
• Kargo says its system brings “visual proof” to warehouse data — reducing disputes between shippers and carriers.
• Kargo aims to evolve beyond hardware into a full software layer for logistics visibility.
• With growing data from docks, the startup is building tools to automate exception handling and inventory reconciliation.
• The model: capture raw physical events at the edge, then abstract insights upstream into ERP and TMS systems.
As legacy logistics players digitize their last blind spots, Kargo is betting that computer vision — not just barcodes — will power the next leap in supply chain intelligence.
Please open Telegram to view this post
VIEW IN TELEGRAM
Oblong Inc. (NASDAQ: OBLG), historically known for enterprise collaboration tools, is rebranding itself around AI and digital assets — raising $7.5M in a private placement to launch a Bittensor-centric strategy built around the $TAO token.
• Oblong will acquire $TAO and build tools for Bittensor, a decentralized network rewarding machine learning contributions.
• The company plans to operate in subnet 0, earning yield by providing AI services on-chain.
• This marks a full pivot away from its Mezzanine™ collaboration platform into AI-native crypto infrastructure.
• The $7.5M came from institutional investors at $3.77 per share, totaling 1.99M shares.
• As of Q1 2025, Oblong had $4.3M in cash and no debt — giving it a clean balance sheet to execute its new thesis.
• Proceeds will be used for $TAO accumulation and engineering around the Bittensor stack.
• Oblong believes crypto is entering its “AI phase,” following the monetary (Bitcoin) and smart contract (Ethereum) eras.
• Bittensor’s capped 21M token supply and incentive structure resemble early Bitcoin, but applied to compute.
• The firm sees $TAO as a potential foundational asset for decentralized AI coordination.
• Oblong is effectively transforming into a public vehicle for Bittensor exposure.
• Investors are betting on $TAO’s long-term upside and the firm’s ability to carve out technical value in the ecosystem.
• The move mirrors a growing number of crossover plays between public markets and open-source AI.
As AI and blockchain increasingly collide, Oblong is making a high-conviction wager: that the next trillion-dollar protocol may be owned — not built — by the ones who get in early.
Please open Telegram to view this post
VIEW IN TELEGRAM
Media is too big
VIEW IN TELEGRAM
Infisical, a startup focused on developer-first secrets and identity management, has secured a $16 million Series A round led by CRV, with participation from Gradient Ventures, Operator Stack, and existing investors. The funding aims to expand its platform across secrets, identity, and access management.
• Infisical offers a centralized solution for managing secrets, identities, and access controls, designed to streamline security workflows for developers and DevOps teams.
• The platform integrates with various tools and services, providing seamless management of environment variables, API keys, and other sensitive information.
• By unifying these aspects, Infisical aims to reduce complexity and enhance security across development environments.
• With the new funding, Infisical plans to accelerate product development, focusing on enhancing its platform’s capabilities in secrets management and access control.
• The company intends to expand its team, particularly in engineering and customer support, to better serve its growing user base.
• Infisical also aims to increase its presence in the enterprise market, targeting organizations seeking robust and scalable security solutions.
As organizations increasingly prioritize security and compliance, Infisical’s approach to simplifying secrets and access management positions it as a key player in the evolving landscape of developer-centric security solutions.
Please open Telegram to view this post
VIEW IN TELEGRAM
Vima Therapeutics, a neuroscience-focused biotech, has launched with a $60 million Series A led by Atlas Venture, with participation from Access Industries and Canaan. The company is advancing VIM0423, the first oral small molecule targeting the root cause of dystonia and related movement disorders.
• VIM0423 selectively targets muscarinic cholinergic receptors in the brain, a pathway known to be disrupted in dystonia and related disorders.
• Existing treatments offer symptomatic relief but suffer from tolerability issues—Vima aims to address the underlying neural dysfunction.
• As an oral therapy, VIM0423 could offer a more accessible and patient-friendly alternative to injectable or device-based treatments.
• CEO Bernard Ravina, MD, is a movement disorder expert with experience at Voyager, Biogen, and Praxis.
• President and Head of R&D Judith Dunn, PhD, brings 30+ years in drug development, including senior roles at Roche.
• The leadership team also includes veterans from Surface Oncology, Takeda, and Wyeth, adding cross-functional experience in neurology and clinical operations.
• VIM0423 is currently in Phase 1 trials, with Phase 2 expected to launch in Q4 2025.
• The Series A funding will support continued clinical development, biomarker strategy, and platform expansion.
• Vima is initially targeting isolated dystonia but sees broader potential in related movement disorders like Parkinsonism and Tourette’s.
As the field shifts from symptom control to disease modification, Vima’s targeted, mechanism-based approach has the potential to redefine treatment for a historically underserved patient population.
Please open Telegram to view this post
VIEW IN TELEGRAM