Cargo collects $18.4 million Series A to modernize supply chain AI
San Francisco-based logistics technology startup has set aside $18.4 million in Series A funding to upgrade its AI-powered freight and inventory management platform. The company offers sophisticated sensor systems and analysis tools that help warehouse operators and carriers improve visibility and efficiency across the supply chain. With this new round, Kargo aims to expand its product line and scale operations to meet the growing demand for industrial automation solutions.
Funding details:
Startup: Kargo
Investors: Matter Venture Partners (LEAD), Sozo Ventures, Founders Fund, Lineage, Armada Supply Chain Solutions
Amount raised: $18.4 million
Total rise: Not disclosed
Funding Stage: Series a
Funding date: June 6, 2025
Order raises $7.5 million on private property to enter an AI-driven digital asset
Oblong, a Denver-based technology company known for its early contributions to gesture-based interfaces, has raised $7.5 million via pivot for AI and digital assets. The new funds will be used to build a set of applications that integrate AI-driven calculations with blockchains for businesses and creative markets.
The company supports this shift with its targeted software development efforts aimed at advancing the ecosystems of both sections. With this strategy, Oblong places itself at the forefront of what is called Pormionless Intelligence, the next stage in the Internet.
Funding details:
Startup: Oblong, Inc.
Investors: Institutional investors focusing on emerging technology (leads)
Amount raised: $7.5 million
Total rise: Not disclosed
Funding Stage: Private Placements
Funding date: June 6, 2025
Infisical secures a $16 million Series A to expand its secret management platform
INFISICAL is a Y-combinator backstartup that helps developers manage their API keys and environment variables safely, raising $16 million in Series A funding. The San Francisco-based company’s open source and enterprise tools allow teams to streamline secret storage and access across their cloud infrastructure. The new funds will be used to expand engineering teams, expand integration and accelerate market efforts.
Over the past few years, Infisical has gained traction among developers as an easy way to manage sensitive data such as API keys, SSH credentials, and complex system-wide certificates. Now, it’s used by teams, from burgeoning startups like face hugs to big companies like LG.
Funding details:
Startup: INFISICAL
Investors: Elad Gil (Lead), Y Combinator, Gradient Ventures (Google), Dynamic Fund, Angel Investors (Olivier Pomel, Sanjit Biswas, Antonio Gracias)
Amount raised: $16 million
Total rise: Not disclosed
Funding Stage: Series a
Funding date: June 6, 2025
Vima Therapeutics launches in Series A for $60 Million-based oral biotechnology therapy
Atlas Venture’s biotech spin-out, Vima Therapeutics debuted in a $60 million Series A round to develop oral medicines aimed at underserved therapeutic areas. The Cambridge-based company is moving forward with its own platform for designing bioavailable treatments for conditions that previously required injections. The new capital supports preclinical development and early clinical trials.
Funding details:
Startup: Vima Therapeutics
Investors: Atlas Venture (LEAD), Access Industries, Canaan
Amount raised: $60 million
Total Procurement: $60 million
Funding Stage: Series a
Funding date: June 6, 2025
Syndeio Biosciences raises $900 million from Pioneer Precision Neurotherapeutics
Syndeio Biosciences emerged from stealth, with a $90 million Series A funding emerging in fundraising to develop precision medicines for neuropsychiatric symptoms. Supported by a combination of biotech VCs and pharmaceutical companies such as Abbvie and Eli Lilly, startups are building clinical pipelines focused on conditions such as depression and PTSD. Funding funds India’s well-known research and early clinical trials.
Funding details:
Startup: Syndeio Biosciences
Investors: Catalio Capital Management, Innoviva, Tenmile Partners, Luson Bioventures, Palo Santo, Abbvie, Lilly
Amount raised: $90 million
Total Procurement: $90 million
Funding Stage: Series a
Funding date: June 6, 2025
Grammarly raises a billion dollar growth round to expand its AI writing platform
Grammarly raised $1 billion in growth funds from a typical catalyst and charged its AI-powered writing assistant. The company will use the funds to expand its enterprise offering, enhance its core AI models, and develop new features for content generation and editing across the business and education market.
Funding details:
Startup: Grammar
Investors: General Catalysts
Amount raised: $1,000 million
Total rise: Not disclosed
Funding stage: Growth capital
Funding date: June 6, 2025
Stride Green raises $3.5 million seed round for climate fintech expansion
Indian climate tech startup Stride Green has secured $3.5 million in seed funding to expand its Green Asset Financing platform. The company offers digital lending infrastructure to help individuals and small businesses fund solar panels, EVs and other sustainability upgrades. The fresh capital will be used to grow engineering teams and expand platforms across India.
Funding details:
Startup: Stride Green
Investor: Micelio Technology Fund (LEAD), Incubation Fund Asia
Amount raised: $3.5 million
Total raise: $3.5 million
Funding Stage: Seed
Funding date: June 6, 2025
Aircapture Lands $50 Million Series A
Aircapture, a California-based Climate Tech startup, has raised $50 million in Series A funding to commercialize its atmospheric Co₂ capture systems. With support from Ripple co-founder Chris Larsen’s Climate Foundation, the company plans to build an industrial-scale plant and supply synthetic fuels and industrial carbon.
Funding details:
Startup: Aircraft
Investor: Lam-Larsen Climate Change Foundation
Amount raised: $50 million
Total Procurement: $50 million
Funding Stage: Series a
Funding date: June 6, 2025
Literal Labs raises £4.6 million pre-seeds to build logic-based, energy-efficient AI
Literal Labs, a UK-based AI startup, has raised £4.6 million (approximately $6.2 million) in pre-seed funds and has developed a logic-based AI system that requires significantly less power than today’s large language models. The Oxford spin-out aims to commercialize the “symbolic neural reactant” model for government, finance, and critical infrastructure.
Funding details:
Startup: Literal Lab
Investors: Northern Grit Stone (Reed), Mercuri (Co-Reed), Sure Valley Ventures, Cambridge Future Technology SPV, Angel Investors
Amount raised: 4.6 million pounds (approximately $6.2 million)
Total rise: Not disclosed
Funding stage: Before seed
Funding date: June 6, 2025
Obvio raises $22 million Series A of AI-driven road safety cameras
San Carlos-based AI startup Obvio has set aside $22 million in Series A funding to expand its line of camera systems designed for traffic enforcement at Stop Sign. The company’s technology uses computer vision to reduce accidents in neighborhoods and school zones. Support from Bain Capital Ventures will encourage new deployments across municipalities and private property networks.
Funding details:
Startup: obvio
Investors: Bain Capital Venture
Amount raised: $22 million
Total Procurement: $22 million
Funding Stage: Series a
Funding date: June 6, 2025
Qurebio raises $14 million in Series C1 to advance antibody therapy
Shanghai-based biotechnology company Qurebio has raised about $14 million in the Series C1 round led by Efung Capital. The company focuses on the development of multi-isolated antibody drugs for autoimmune diseases and cancer. The funding will support ongoing clinical trials and pipeline development.
Funding details:
Startup: Qure Biotechnology (Shanghai) Co., Ltd.
Investor: Efung Capital (Led)
Amount raised: CNY 100 million (approximately $14 million)
Total rise: Not disclosed
Funding stage: Series C1
Funding date: June 6, 2025
Kiin Bio raises 1.9 million euro pre-seeds for AI-driven drug discovery
London-based startup Kiin Bio has raised 1.9 million euros (US$2.2 million) in pre-seed funds to build a “virtual scientist” platform for drug discovery. The company combines synthetic biology with production AI to simulate and screen molecules with unprecedented speed and accuracy. The round was led by B2Venture.
Funding details:
Startup: Kiin Bio
Investors: B2Venture (LEAD), HeartFelt_, Rule30, Angel Investors
Amount raised: 1.9 million euros (approximately $2.2 million)
Total procurement: 1.9 million euros
Funding stage: Before seed
Funding date: June 6, 2025
Bitmine raises $18 million in new public offerings to expand its immersion Bitcoin mining
Bitmine Immersion Technologies announced its $18 million offer at NYSE American Exchange, expanding its immersion cooling-based crypto mining infrastructure. Texas companies use revenue to increase data center capacity and pursue energy partnerships to improve mining efficiency and sustainability.
Funding details:
Startup: Bitmine Immersion Technologies, Inc.
Investor: Public Market Investor (NYSE American Offering)
Amount raised: $18 million
Total rise: Not disclosed
Funding stage: Public recruitment
Funding date: June 6, 2025
Decentro raises $3.6 million Series B to power fintech APIs in India
India’s fintech infrastructure provider Decentro has raised $3.6 million in the Series B round, led by InfoEdge Ventures. Startups help embed banking, KYC, payments and loans to products in businesses through a unified API stack. This funding will help Decentro strengthen compliance and expansion operations across South Asia.
Funding details:
Startup: Decentro
Investor: InfoEdge Ventures (Led)
Amount raised: £30 crore (≈$3.6 million)
Total raise: £30 crore
Funding Stage: Series b
Funding date: June 6, 2025
Biopeak raises $3.5 million seeds to expand its longevity wellness platform
Biopeak, a HealthTech startup focusing on extending healthy lifespans, has raised $3.5 million in seed funding from Indian investors Claypond Capital, Rainmatter and Angel Buckers. The company offers personalized diagnostics, supplements and coaching programs based on longevity science. Funds will be directed towards high-tech upgrades and expanding user base.
Founded in 2024 by Pardal and Shiva Subramanian, Biopeak offers personalized health services through its own clinic network. The startup blends molecular diagnostics, high-resolution imaging, and non-invasive testing to detect early physiological changes. That first clinic opened in Bengaluru in March 2025.
Funding details:
Startup: Biopeak
Investors: Claypond Capital (Lead), Prashanth Prakash, Rainmatter
Amount raised: $3.0 million
Total Procurement: $3.0 million
Funding Stage: Seed
Funding date: June 6, 2025
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