🧠 Dopamine Dealflow

💰 Massive Rounds (€50M+ / $50M+)

• CoreWeave (Livingston, NJ) – $2.6 B loan facility led by Morgan Stanley and MUFG, with participation from Goldman Sachs, JPMorgan, Wells Fargo, BBVA, and others to scale AI infrastructure for OpenAI.

• fal (San Francisco, CA) – $125 M Series C from Meritech, Salesforce Ventures, and Shopify Ventures to build real-time generative media infra.

• Noma Security (Tel Aviv, Israel) – $100 M Series B led by Evolution Equity Partners to secure AI and agent infrastructure.

• QI Tech (São Paulo, Brazil) – $63 M Series B extension led by General Atlantic and Across Capital to accelerate Brazil’s fintech rails.

• Good Job Games (Istanbul, Turkey) – $60 M Series A co‑led by Menlo Ventures and Anthos Capital (with Bessemer Venture Partners), bringing its total funding to $83 M for its replayable, socially‑driven Match‑3 mobile games.

• Wallarm (Paris, France) – $55 M Series C led by Toba Capital, with participation from YC and Partech to advance its API and AI security solutions.

📈 Mid-Sized Rounds ($40M–$49M)

• Augmodo (Seattle, WA) – $37.5 M Series A led by TQ Ventures, with Lerer Hippeau, NewFare, and others to roll out its spatial AI‑based retail SmartBadge platform.

🌱Seed & Series A ($10M–$30M)

• Stable (New York, NY) – $28 M seed led by Bitfinex & Hack VC to launch a stablecoin-focused Layer 1 blockchain.

• MyPrize (Miami, FL) – $21 M at a $250 M valuation from Dragonfly and Boxcars Ventures for their social casino gaming platform.

• Tako (São Paulo, Brazil) – $18 M from Ribbit Capital and Andreessen Horowitz to automate payroll with AI.

• Knit (Atlanta, GA) – $16.1 M Series A from GFT Ventures, Sound Ventures, and others to reinvent enterprise research with AI.

• Echo (San Francisco, CA) – $15 M seed from Notable Capital, Hyperwise Ventures to secure container base images.

• Daloopa (New York, NY) – $13 M from Pavilion Capital to boost financial data automation via LLMs.

• SixSense (Singapore) – $8.5 M Series A from Peak XV’s Surge and others to improve semiconductor quality via AI.

• Blaxel (San Francisco, CA) – $7.3 M seed from First Round Capital, YC, and Liquid2 for AI infra for agents.

• TACEO (Vienna, Austria) – $5.5 M seed from Archetype, a16z CSX, and others for secure data collaboration.

• Handwave (Riga, Latvia) – $4.2 M seed for palm-based retail payments, led by Practica Capital.

• Bhindi AI (Singapore) – $4 M pre-seed led by Cyber Fund to launch an agentic “killer everything” app.

• Jitty (London, UK) – $3.8 M seed from REA Group, Gradient Ventures, and others to fix home buying with AI.

• Pearl Edison (Detroit, MI) – $3.3 M seed to democratize energy retrofits with utility partnerships.

• KredosAi (United States) – unspecified seed led by Okapi Ventures (with StartFast, SeaChange, and others) to scale its AI-native customer engagement and messaging platform post-RCS deployment with UScellular.

• Novee AI (London, UK) – £1.6 M pre‑seed led by 42CAP with Insurtech Gateway to build an AI intelligence layer for commercial and specialty insurance.

🤝 Strategic & Growth Investments

• SiMa.ai (San Jose, CA) – $85 M growth round led by Maverick Capital and StepStone Group to expand Physical AI at the edge.

• Saphyre (New York, NY) – $70 M growth equity from FTV Capital to scale its AI-powered finance operations and trading automation platform globally.

• Command Zero (Austin, TX) – $10 M strategic investment from Okta Ventures, SE Ventures, and Crosspoint Capital to scale its autonomous AI cyber‑investigation tools, now SOC 2 Type 2 compliant.

💸 VC Funds Raised & Raising

• Frazier Life Sciences raised $1.3 B for its 12th venture fund, doubling down on its strategy of building early-stage therapeutic companies.

• Nuveen secured $785 M for its third lending fund, doubling down on sustainable real estate credit and climate-aligned yield strategies.

• Skyline Investors raised $125 M for its debut fund, doubling down on impact-driven investments in underserved micromarket companies across healthcare, consumer services, and technology.

• SMBC set up a $300 M VC fund to invest in U.S. fintech startups, doubling down on cross-border innovation and U.S. growth opportunities.

• CICC and China Galaxy Securities plan to launch funds worth over $1 B in Southeast Asia, doubling down on regional expansion and infrastructure development.

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

📚 Read of the Day

💸 Coinbase is bringing tokenized stocks & prediction markets to the U.S.

The crypto giant just dropped its boldest U.S. play in years: launching on-chain stock trading and betting markets tied to real-world events.

Why it matters:

This could redefine how Americans trade—not just crypto, but stocks, politics, sports, and more. Coinbase is building a permissionless Wall Street on-chain. And they’re doing it legally.

The big unlock:

Coinbase is taking a clever regulatory approach—partnering with FairX and leaning into regulated derivatives to sidestep SEC chaos. It’s launching in Q4, with ambitions to make tokenized equities as common as ETFs.

Big picture:

If this works, Coinbase could become the first major U.S. player to bridge TradFi and DeFi at scale. Prediction markets are booming globally—Coinbase wants to dominate the U.S. before anyone else shows up.

📰 News You Don’t Want To Miss

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🌍️ Google taps the Earth’s core for geothermal energy

📈 Kraken targets $15B IPO valuation as crypto exits heat up

🧠 Google launches Gemini “Deep Think AI” for parallel reasoning