🧑‍🚀 Top 3 Deals You Can’t Miss

1️⃣ Kalshi – $300M Series D at a $5B valuation, turning prediction markets into a global financial asset class.

2️⃣ HavocAI – $85M in undisclosed funding to build autonomous maritime intelligence systems for the defense sector.

3️⃣ Spellbook – $50M Series B for its AI-driven legal automation platform, now one of Canada’s fastest-scaling startups.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

• Kalshi, a New York-based regulated prediction-market exchange, raised $300M in Series D funding at a $5B valuation. The round was co-led by Andreessen Horowitz (a16z) and Sequoia Capital, with participation from Paradigm, Coinbase Ventures, General Catalyst, Spark Capital, and CapitalG.

• Reflection, a Brooklyn, NY-based open-source superintelligence lab, raised $2B in Series B funding at an $8B valuation.

• QumulusAI, an Atlanta, GA-based provider of GPU-powered cloud infrastructure for AI, received a $500M non-recourse financing facility arranged by Permian Labs and distributed through the USD.AI Protocol.

• Duos, a Minneapolis, MN-based AI-powered digital health platform, received a $130M strategic growth equity investment.

• Corvus Energy, a Bergen, Norway-based provider of low-carbon energy storage systems, raised $60M in Series E funding.

• Flyntlok, an Anchorage, AK-based provider of cloud-based heavy equipment dealer management systems, raised $36M in Growth investment.

• Prezent, a San Francisco, CA-based enterprise AI presentation and communication platform, raised $30M to acquire AI services firms, beginning with Founders’ other company.

• Hoverfly Technologies, a Sanford, FL-based provider of tethered drone systems for defense and security, closed a $20M Series B round.

🚀 Series A

• Nilo Therapeutics, a NYC-based biotech harnessing neural circuits to restore immune homeostasis, launched with a $101M Series A financing.

• Routefusion, an Austin, TX-based financial infrastructure provider, closed a $26.5M Series A round.

• FurtherAI, a San Francisco-based AI platform for insurance, raised $25M in Series A funding.

• Alec’s Ice Cream, a Petaluma, CA-based regenerative organic ice cream brand, raised $11M in Series A funding.

• Knapsack, a Portland, OR-based intelligent product engine for AI-native digital products, raised $10M in Series A funding.

🌱 Seed & Early Rounds

• Vulcan Technologies, an Austin, TX-based reg-tech company offering advanced AI for regulatory drafting and compliance, raised $10.9M in Seed funding.

• 375ai, a Los Angeles-based edge data intelligence company, raised $10M in funding.

• bondu, a San Francisco-based AI toy company, raised $5.3M in Seed funding.

• Focal, a San Francisco-based AI-powered productivity platform for financial advisors, raised $5M in funding.

• Echelon, a San Francisco-based provider of an AI platform automating enterprise IT and managed services, raised $4.75M in Seed funding.

• Search Party, a San Francisco-based startup in the generative engine optimization (GEO) space, raised $3.5M in funding.

• Mentium, an Austin, TX-based provider of an AI-native platform for digital logistics workers, raised $3.2M in Seed funding.

🤝 Strategic, M&A & Undisclosed

• Redis, a Mountain View, CA-based data platform, acquired Featureform, a San Francisco-based provider of a framework for managing and orchestrating structured data signals.

• NSO Group, an Israeli spyware maker, was acquired by U.S. investors, marking a major ownership shift in the controversial surveillance technology sector.

• HavocAI, a Providence, RI-based developer of maritime autonomous systems, raised $85M in undisclosed round funding.

• BVNK, a NYC-based stablecoin infrastructure provider, received a strategic investment from Citi Ventures.

• indiGOtech, a Boston, MA-based smart mobility company, received an investment from Passkey.

• Save, a Houston, TX-based financial technology company, raised an undisclosed Series A.

• Relativity, a Chicago, IL-based global legal technology company, launched Rel Labs, its investment and innovation arm.

💸 VC Funds Raised & Raising

• Ascenta Capital, a West Palm Beach, FL-based venture capital firm investing in development-stage biotech, closed its inaugural $325M fund.

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

📚 Read of the Day

🤖 Figure AI’s Robot Takes Over Your Chores

The humanoid helper is here. Figure AI just unveiled its latest general-purpose robot that can fold laundry, load the dishwasher, and handle multiple tasks autonomously.

Backed by heavyweights including OpenAI and Microsoft, Figure is pushing the boundaries of real-world AI integration, combining vision-language models with physical robotics. The company says its newest prototype demonstrates near-human dexterity and situational awareness, a big leap toward domestic and industrial automation.

The Product Pitch

Figure’s robot uses a custom AI control stack trained on millions of motion samples, enabling seamless human-like manipulation. Its long-term goal: create “labor liquidity,” a world where robots can fill critical gaps across logistics, retail, and home environments.

The system runs on high-efficiency NVIDIA compute and integrates directly with OpenAI’s multimodal models for perception and planning, bridging language-based reasoning with real-world action.

Why It Matters

Figure is positioning itself as the “Tesla of humanoid robotics”, targeting commercial deployment before 2027. With demand for automation skyrocketing and major capital flooding into frontier tech, Figure’s approach could redefine human-AI collaboration at scale.

👉 Read The Whole Story Here

📰 News You Don’t Want To Miss

🎥 YouTube Offers Banned Creators a Second Chance – YouTube is letting previously banned creators reapply for reinstatement under a new “rehabilitation” program.

📈 AI & Chips Fuel Surprise U.S. GDP Growth – Tech sector investment lifted GDP despite slowing consumer spending, with AI and semiconductor spending leading the way.

🤖 Figure AI’s Robot Now Folds Laundry & Does Dishes – Figure AI unveiled a new humanoid robot built to automate everyday chores with multi-tasking AI.

💰 Kalshi Hits $5B Valuation After $300M Raise – The regulated prediction-market exchange raised $300M in Series D funding led by a16z and Sequoia, expanding to 140+ countries with a unified global liquidity pool.