🧠 Dopamine Dealflow

💰 Massive Rounds (€50M+ / $50M+)

• Salient (San Francisco, CA) – $60M Growth Round from Andreessen Horowitz, Matrix Partners, Michael Ovitz, and Y Combinator. AI-powered fintech for loan servicing.

• Blue J (Toronto, Canada) – $122M Series D led by Oak HC/FT and Sapphire Ventures. Generative AI for tax research and compliance.

• First Due (New York, NY) – $355M Strategic Minority Growth led by JMI Equity, with TCV and Serent Capital. SaaS for public safety and emergency services.

• Clay (New York, NY) – $100M Series C led by CapitalG, with follow-ons from Sequoia Capital, Meritech Capital, and First Round Capital. AI-powered go-to-market platform that automates hyper-personalized outbound; new valuation $3.1B

📈 Mid-Sized Rounds ($40M–$49M)

• Lyric (Sunnyvale, California) – $43.5M Series B led by Insight Partners. AI to transform supply chain decision-making.

• Alaan (Dubai, UAE) – $48M Series A led by Peak XV Partners. Spend management platform for Middle Eastern enterprises.

🌱Seed & Series A ($10M–$30M)

• OLarry (New York, NY) – $10M Series A led by TTV Capital. AI tax advisory for high-net-worth individuals and businesses.

• TurboHire (Hyderabad, India) – $6M Series A led by IvyCap Ventures. AI recruiting and applicant tracking for enterprise HR.

• Qbeast (Barcelona, Spain) – $7.6M Seed led by Peak XV’s Surge. Open-source data infra for analytics on the lakehouse.

• Jeh Aerospace (Atlanta, GA) – $11M Series A led by Elevation Capital. Manufacturing metallic components for aerospace OEMs.

🤝 Strategic & Growth Investments

• Slipstream (Philadelphia, PA) – Undisclosed Growth Investment from GreyLion and Denali Growth. Tech partner for the pharmaceutical and biopharma space.

• Glassbox (Tel Aviv, Israel) – Undisclosed Minority Round from Poalim Equity. AI-powered digital experience analytics for finance.

• Mission Bio (South San Francisco, CA) – Equity Financing (Undisclosed) led by Ally Bridge Group. Multi-omics platform for precision cancer diagnostics.

• AIxBlock (Austin, TX) – €1.5M Non-Dilutive EU Grant with potential follow-on up to €61.5M. Building decentralized AI compute infrastructure.

• Resilience Media (London, UK) – Seed Investment (Undisclosed) from a multinational defence tech syndicate. Tech platform strengthening NATO-aligned innovation.

💸 VC Funds Raised & Raising

• OrbiMed raised $1.9B for its fifth royalty and credit fund to target growth-oriented healthcare companies across biopharma, medtech, diagnostics, and digital health.

• New Mountain Capital is considering raising $1B for a continuation fund focused on Azuria Water Solutions, a water infrastructure platform.

• CRV raised $750M for its twentieth flagship fund, continuing its legacy as one of the oldest VC firms globally.

• Alta Vera Global Capital Advisors launched with $400M, founded by ex-JPMorgan private bankers to advise and manage UHNW capital.

• Cambridge Innovation Capital committed $132M to invest in Cambridge University spinouts, part of its new $330M Fund III.

Founders: Want to be featured on @tradedvc? → traded.co/submit/vc

📚 Read of the Day

🛰️ SpaceX launches Starlink Community for cheaper, shared satellite internet

SpaceX is piloting a new internet model—Starlink Community—where users share connections in exchange for lower costs and broader access.

Why it matters:
This could be a breakthrough for rural and underserved areas where internet access is either unreliable or unaffordable. A shared model could dramatically expand Starlink's reach without raising infrastructure costs.

The big unlock:
By linking multiple households to a single Starlink terminal, SpaceX can drive down per-user pricing, creating a scalable, decentralized ISP alternative.

Big picture:
If successful, this shift will transform Starlink from a premium solo product into a community-first utility. It’s a bold move that could reshape internet access models across the globe.

📰 News You Don’t Want To Miss

🎥 Elon Musk says he’s bringing back Vine’s archive

🍎 Apple is quietly building a ChatGPT rival — and it’s already being tested

🔍 Reddit wants to become your next search engine

🏦 Fed Governor Kugler resigns from rate-setting committee

👨‍🚀 Moon-Based Radio Telescope Could Unlock Deep Tech’s Next Frontier