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Wellfunded

Venture Capital

Ex-Ultrahuman VP Raises $5.5M for AI Control Devices

Jul 16, 2026

Ex-Ultrahuman VP Raises $5.5M for AI Control Devices

Apoorv Shankar, former VP of Hardware at Ultrahuman, has raised $5.5M to build Aina — a wearable designed not just to capture ambient audio, but to actively control AI agents. The company is preparing to pilot its first device in the coming weeks.

AI

Hardware

Startups

Inside Resist.UA: Ukraine's Defence-Tech Moment Is Now

Jul 16, 2026

Inside Resist.UA: Ukraine's Defence-Tech Moment Is Now

Roman Sulzhyk, Founding Partner of Resist.UA, argues that investors who wait for the war to end will have already missed Ukraine's most transformative startup opportunity. With over $129 million in disclosed defence-tech investment by end of 2025, a first successful exit, and a portfolio spanning autonomous drones to AI battlefield software, Resist.UA is betting that Ukraine's wartime engineers will define the country's next industrial generation.

Defence Tech

Venture Capital

Startups

Hyperion Robotics Raises $7.4M for Microfactories

Jul 16, 2026

Hyperion Robotics Raises $7.4M for Microfactories

Finnish physical AI company Hyperion Robotics has closed a $7.4M growth round to scale its robotic microfactories across Europe. The funding, co-led by Course Corrected and the EIC Fund, will back the launch of the company's first UK facility and further development of its Forge software platform.

Robotics

AI

Climate 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

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

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

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

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

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

Hinge's Founder Raises $18M for AI Dating App Overtone

Jul 15, 2026

Hinge's Founder Raises $18M for AI Dating App Overtone

Justin McLeod, the founder of Hinge, has secured $18 million to launch Overtone, a new AI dating service built around voice and audio. The app promises highly curated introductions rather than the swipe-heavy mechanics that define most modern dating platforms. It's a bet that AI can do something current apps have largely failed at: meaningful matchmaking.

AI

Startups

Consumer Tech

OpenAI's Miles Wang Raising $2B for AI Drug Discovery

Jul 15, 2026

OpenAI's Miles Wang Raising $2B for AI Drug Discovery

Miles Wang, a researcher at OpenAI, is in early talks to spin out a new AI-powered drug discovery startup at a reported $2 billion valuation. The discussions signal continued investor appetite for applying frontier AI to life sciences. If closed, the deal would be one of the largest seed-stage bets in the biotech-AI crossover space.

AI

Biotech

Startups

Float Raises €4.5M Series A for an AI Finance Platform

Jul 15, 2026

Float Raises €4.5M Series A for an AI Finance Platform

Stockholm-based Float has closed a €4.5M Series A led by CHAPTERS Group AG, backing its pivot from a revenue-based financing provider into a full AI-native financial platform for European tech startups. The company has already deployed over €100M to more than 130 businesses and is now targeting expansion in the UK and M&A opportunities through its new strategic partner.

Startups

Fintech

Venture Capital

DeepSeek Eyes $1.5B Raise and 2027 IPO at $71B Valuation

Jul 14, 2026

DeepSeek Eyes $1.5B Raise and 2027 IPO at $71B Valuation

Chinese LLM developer DeepSeek is reportedly in talks to raise $1.5 billion at a $71 billion valuation, with plans to go public in 2027. The move would mark a major milestone for one of the most disruptive forces in the global AI race.

AI

Startups

Venture Capital

Reflection AI Signs $1B Compute Deal with Nebius

Jul 14, 2026

Reflection AI Signs $1B Compute Deal with Nebius

Reflection AI, the open-source AI startup founded in 2024, has secured $1 billion worth of compute capacity through a deal with Nebius. The agreement signals serious infrastructure backing for one of the newer entrants in the open-source AI race.

AI

Startups

Infrastructure

Cybersecurity Funding Holds Firm at $10.6B in H1 2026

Jul 14, 2026

Cybersecurity Funding Holds Firm at $10.6B in H1 2026

Despite playing second fiddle to AI megarounds, cybersecurity startups raised $10.6 billion globally in the first half of 2026 — historically strong territory. A softer Q2 masked a wave of jumbo deals, including a $600M raise by Cyera at a $12B valuation.

Cybersecurity

Venture Capital

Startups

Why Silicon Valley's Already-Rich Grind Again for AI

Jul 14, 2026

Why Silicon Valley's Already-Rich Grind Again for AI

A new wave of serial founders and early tech winners are jumping back into the arena — this time chasing AI. Fear of missing a generational inflection point, combined with the prospect of outsized returns, is pulling veterans out of comfortable retirement.

AI

Founders

Startups