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Wellfunded

Startups

Juno Bio Raises $3.8M, Opens Oakland Sequencing Lab

Jul 16, 2026

Juno Bio Raises $3.8M, Opens Oakland Sequencing Lab

Juno Bio has secured $3.8 million in funding and opened its first dedicated sequencing lab in Oakland, California, advancing clinically actionable vaginal microbiome testing. With over 20,000 tests sold and one of the largest vaginal microbiome data repositories in existence, the UK-founded startup is scaling a platform that aims to fix a diagnostic system where 67.5% of patients were previously misdiagnosed.

Women's Health

Biotech

Startups

microagi Raises €55M Seed as Omio Buys Rail Europe

Jul 16, 2026

microagi Raises €55M Seed as Omio Buys Rail Europe

German robotics startup microagi has closed a massive €55 million seed round, while travel unicorn Omio moves to consolidate European rail ticketing by acquiring historic platform Rail Europe. Plus: GreenTech player Energyminer picks up €2.1 million.

Robotics

Startups

Travel Tech

The Billion-Dollar Seed Round Is the Exception

Jul 16, 2026

The Billion-Dollar Seed Round Is the Exception

Headlines about billion-dollar AI seed rounds are reshaping how founders and investors think about early-stage capital. But data from Bison Ventures tells a more sobering story: mega first rounds have a poor track record of delivering venture-scale returns, and the real AI winners started small.

Venture Capital

AI

Startups

Applied Computing Raises $20M for Energy Foundation AI

Jul 16, 2026

Applied Computing Raises $20M for Energy Foundation AI

London-based Applied Computing has closed a $20M funding round led by KBR, with Databricks Ventures joining in. The investment will accelerate deployment of Orbital, the company's physics-informed foundation model built specifically for energy sector operations.

AI

Energy

Startups

Thinking Machines Releases Inkling, Its First Open Model

Jul 16, 2026

Thinking Machines Releases Inkling, Its First Open Model

Thinking Machines Lab — the $12B AI startup founded by OpenAI alumni including Mira Murati and John Schulman — has released its first model, Inkling, a 975-billion-parameter open-weight system trained to handle audio, video, and text. The release marks a significant milestone for the company as it bids to become a serious player in an increasingly crowded AI race.

AI

Open Source AI

Startups

China, AI Push Asia's Startup Funding to New High

Jul 16, 2026

China, AI Push Asia's Startup Funding to New High

Asia-based startups raised $42.8 billion in Q2 2026 — the highest quarterly total in over three years — with AI companies capturing more than 60% of all investment and China posting a stunning 424% year-over-year funding surge. Deal counts hit a multiyear low even as dollar volume soared, underscoring how concentrated capital has become among a handful of breakout names.

AI

Venture Capital

Startups

Reelful Uses AI to Turn Your Camera Roll Into Videos

Jul 15, 2026

Reelful Uses AI to Turn Your Camera Roll Into Videos

Reelful is a new AI-powered app that automatically converts photos and videos from your camera roll into short-form social media content. Targeting everyday creators who find traditional editing tools too daunting, the app handles the heavy lifting of sequencing, timing, and formatting. It's the latest entrant in a crowded but rapidly evolving space of AI-driven content creation tools.

AI

Creator Economy

Social Media

Deal Monitor: Ardian, Apryse, VisualLogix Make Buys

Jul 15, 2026

Deal Monitor: Ardian, Apryse, VisualLogix Make Buys

A busy week in European tech M&A sees private equity giant Ardian take over German nursing HR platform Pflegia, Apryse expand its document tech empire with Smallpdf's PDF Tools, and Insight Partners-backed VisualLogix absorb software roll-up refyne. Two fresh funding rounds round out the week.

M&A

Private Equity

HR Tech

Yann LeCun Launched an AI VC Fund, Then Quit in Hours

Jul 15, 2026

Yann LeCun Launched an AI VC Fund, Then Quit in Hours

AI luminary Yann LeCun briefly appeared as a co-founder of a new venture fund called Extelligence Invest last Friday, only to exit the same day. What happened, and what does it say about the AI investor landscape?

AI

Venture Capital

Europe

Saible Raises £2.9M to Fix Construction's Payment Chain

Jul 15, 2026

Saible Raises £2.9M to Fix Construction's Payment Chain

UK fintech Saible has closed £2.9M in angel funding to tackle one of construction's most stubborn problems: cash getting trapped or delayed as it moves through multi-tier supply chains. Its Digital Parallel Payment Account releases funds simultaneously to all supply chain tiers, rather than trickling down contractor by contractor.

Fintech

Construction

Startups

Norrsken Evolve Closes €62M Pre-Seed Fund

Jul 15, 2026

Norrsken Evolve Closes €62M Pre-Seed Fund

Norrsken Evolve has closed its pre-seed fund at €62 million — well above its initial €40 million target — and is formalising its Amsterdam presence ahead of the Norrsken House opening in September 2026. The fund backs 20–30 startups per year in climate, health, and resilience, writing tickets up to €500K at the stage most institutional capital avoids.

Venture Capital

Climate Tech

Startups

Rime Raises $24M Series A for Enterprise Voice AI

Jul 15, 2026

Rime Raises $24M Series A for Enterprise Voice AI

Rime has closed a $24M Series A to scale its voice AI platform, which is already handling over 100 million customer calls per month across multiple enterprise clients. The funding signals growing appetite for production-grade voice infrastructure as companies move beyond chatbots to automated phone channels. Here's what the raise means for the competitive voice AI landscape.

Enterprise AI

Voice AI

Startups

Vint Cerf Wants Every AI Agent to Have an Identity

Jul 15, 2026

Vint Cerf Wants Every AI Agent to Have an Identity

The co-inventor of TCP/IP is developing a new standard to identify and authenticate AI agents operating across the open web. Vint Cerf's proposal addresses a growing gap in internet infrastructure as autonomous AI systems proliferate. Here's what it could mean for developers and founders building with agentic AI.

AI

Agentic AI

Open Standards

Spotify's Daniel Ek Brings AI Body-Scanning Clinics to US

Jul 15, 2026

Spotify's Daniel Ek Brings AI Body-Scanning Clinics to US

Neko Health, the preventive health startup co-founded by Spotify's Daniel Ek, has raised $700 million and is targeting the US market — starting with New York. The company uses AI and custom medical hardware to screen for cancer, heart disease, and diabetes before symptoms appear.

AI

Health Tech

Startups

Inside Scotland's Incubator for University Deeptech

Jul 15, 2026

Inside Scotland's Incubator for University Deeptech

Scotland's Venture Builder Incubator has supported 164 founders and helped raise £58m since 2021 — but its bigger mission is keeping homegrown deeptech talent in the country. We spoke to the programme's leaders and two founders about what it actually takes to move from PhD to startup.

Startups

Deeptech

AI

Why One CEO Tied Every Employee's Bonus to Revenue

Jul 15, 2026

Why One CEO Tied Every Employee's Bonus to Revenue

Abacum's founder argues that tying all employees — not just sales — to revenue-linked bonuses creates stronger alignment and accountability. Here's how the model works, why equity alone isn't enough, and what happens when targets are missed.

Startups

Compensation

Leadership

Fintech Funding Surges 23% in H1 2026 on AI Bets

Jul 15, 2026

Fintech Funding Surges 23% in H1 2026 on AI Bets

Global fintech startups raised $28.6 billion in the first half of 2026 — a 23% year-over-year jump — even as deal count fell more than 25%. Investors are writing fewer, larger checks, concentrating capital into AI-native platforms, money movement infrastructure, and a handful of late-stage giants staying deliberately private.

Fintech

Venture Capital

AI

Klarna, Improbable Top Europe's Founder Factories

Jul 15, 2026

Klarna, Improbable Top Europe's Founder Factories

A new report from VC firm Antler identifies Klarna and Improbable as Europe's leading producers of successful startup founders. The deeper finding: working at a startup through its seed-to-Series C journey nearly doubles the odds of building a venture-backable company yourself.

Startups

Venture Capital

Founders

Emergent Hits Unicorn Status With $130M Series C

Jul 15, 2026

Emergent Hits Unicorn Status With $130M Series C

Indian AI coding startup Emergent has closed a $130M Series C round, reaching unicorn valuation only a year after launch. The company reports $120M in annualized revenue and over 200,000 paying customers, marking one of the fastest unicorn trajectories in recent AI history.

AI

Startups

Venture Capital

Oak Emerges From Stealth With $60M for AI Agent Identity

Jul 15, 2026

Oak Emerges From Stealth With $60M for AI Agent Identity

Israeli identity management startup Oak has launched out of stealth with $60 million in seed funding, targeting the growing identity chaos introduced by AI agents. Cofounded by veteran entrepreneur Shai Morag, Oak aims to fix the foundational security gaps that autonomous AI systems are rapidly exposing.

AI

Cybersecurity

Startups