It was Thursday, June 12th, 2025 and returned with a daily roundup of high-tech funding. It tracks where capital flows and which startups are pacing across AI, fintech, hardware and enterprise infrastructure.
It’s a relatively quiet day in terms of fundraising, but today’s lineup is home to a billion-dollar valuation, highly efficient AI breakthroughs, and next-generation robots in the spotlight, with punches still packed with. From San Sebastian to San Francisco, a handful of bold bets reveal where investors’ convictions are still deep.
Fundraising highlights
Today’s highlights include Chime’s $700 million IPO debut, bringing fee-free banking operations to the public market, and Multiverse Computing’s 189 million euro Series B, which uses quantum-inspired compression to reduce AI model costs. Meanwhile, Gecko Robotics hit Unicorn status with a $125 million salary increase, earning the $170 million manager networking infrastructure and Agent AI Startup Landbase launched with Agent AI Startup Landbase A, launched by Stealth.
It’s a fewer rounds than usual, but there’s no shortage of ambition. Tomorrow I’ll see if the deal volume rebounds towards the weekend.
This is the complete breakdown of the six funding transactions we tracked today, with investor information, startup focus and key financial details.
Chime raises $700 million through IPOs to expand its digital banking platform
Digital banking startup Chime has splashed in the open market and raised about $700 million from the NASDAQ IPO to drive the growth of its fee-free banking platform. San Francisco-based Fintech debuted at a $11.6 billion valuation with a peak private rating of about half, reflecting the Fintech’s market reset. Chime offers overdraft and maintenance fee-free checks and savings accounts, earning revenue primarily from card transaction fees.
Key supporters such as DST Global, General Atlantic and Iconiq, who first invested in chimes in 2019, supported the rise and partially left through the offering. Fresh capital from public investors helps chimes expand financial products for everyday consumers and maintain growth as one of the most valuable consumer fintech companies to be made public in recent years.
Funding details:
Startup: Chime (San Francisco, USA – Neobank for unpaid digital banking)
Investor: DST Global; General Atlantic; ICONIQ (prominent pre-IPO shareholder)
Procurement amount: $700 million (IPO revenue)
Total Funding: Over $2 billion (including IPOs and private funds)
Funding stage: IPO (NASDAQ: CHYM)
Funding date: June 12, 2025
Multiverse Computing Lands reduces AI costs at 189 million euros and model compression
Spanish AI startup Multiverse Computing has secured the 189 million euro (approximately $217 million) Series B round led by Bullhound Capital, with participation from HP Inc., Forgepoint Capital, Toshiba and other strategies. Investors. Based in San Sebastian
Multiverse develops Compactifai, a quantum-inspired compression technology that reduces large language models up to 95% without sacrificing performance, reducing AI inference costs by up to 80%. The new funding will accelerate multiverse’s plans to expand this breakthrough globally, making AI models more efficient and even running on everyday devices rather than expensive cloud infrastructure.
This pay raise (one of Europe’s largest AI rounds) has added the Multiverse to the ranks of top European startups, and is now supported by international syndicates who are confident in their ability to radically reduce AI deployment costs and expand AI deployment. arrival.
Funding details:
Startup: Multiverse Computing (San Sebastian, Spain – Quantum-inspired AI Model Compression Platform)
Investors: Bullhound Capital (Led); HP Tech Ventures; Forgepoint Capital; Toshiba; Others
Amount raised: 189 million euros (approximately $217 million)
Total procurement: ~$250 million (to date)
Funding Stage: Series b
Funding date: June 12, 2025
Gecko Robotics joins Unicorn Club to $125 million for wall climbing inspection robots
Pittsburgh-based Gecko Robotics has raised $125 million in the Series D round led by Cox Enterprises, raising its valuation to about $1.25 billion, officially making it a unicorn. The company, which builds AI-powered wall climbing robots to inspect industrial infrastructure such as tanks, boilers and ships, is currently raising a total of $347 million. date.
Existing investors, including USIT, XN, Founders Fund and Y Combinator, joined the round to signal Gecko’s trust in its mission to make dangerous testing safer and data-driven.
With new capital, Gecko can expand into the defense, energy and manufacturing sectors, accelerate the deployment of robots, and significantly reduce inspection times and improve safety by keeping human workers out of dangerous environments. This funding will help Gecko advance its analytics platform for infrastructure maintenance and meet the growing demand from clients such as the US Navy and power plants. operator.
Funding details:
Startup: Gecko Robotics (Pittsburgh, USA – Industrial testing robot with AI analysis)
Investor: Cox Enterprises (LEAD); usit; xn; Founders Fund. Y Combinator (existing investor)
Amount raised: $125 million
Total Procurement: $347 million
Funding Stage: Series d
Funding date: June 12, 2025
$170 million meter reel to expand enterprise Internet infrastructure services
Meter, a provider of fully managed internet and networking infrastructure for businesses, today announced a $170 million Series C funding round to accelerate growth offering “networking as a service.” Solution. The San Francisco-based startup round is led by Hemant Taneja and is joined by a roster of new and existing investors including Baillie Gifford, Lachy Groom, JP Morgan, Microsoft, Sequoia Capital and Sequoia Capital. others.
“We have raised $170 million in the Series C funding round led by General Catalyst’s Hemant Taneja along with new and existing investors such as Baillie Gifford, Lachy Groom, JP Morgan, Microsoft, Sequoia Capital and WNDRCO,” Meter said in a blog post.
Fresh Capital Vaults Meter has a valuation of over $1 billion, highlighting its emergence as an enterprise technology unicorn. Meter plans to use the fund to expand its deployment of its hardware software stack, offering high-performance Internet, Wi-Fi and cellular coverage as subscriptions. service.
By handling everything from on-site networking equipment to cloud management, metering allows businesses to quickly set up and maintain secure, reliable connections between offices and facilities with minimal effort. Series C investments will help us achieve the growing demand from large organizations for turnkey networking solutions and continue to innovate our unified networking platform.
Funding details:
Startup: Meter (San Francisco, USA – Managed Internet and Networking Infrastructure Provider)
Investors: General Catalyst (Reed – Hemant Taneja); Baillie Gifford; Microsoft; Sequoia Capital; Other
Amount raised: $170 million
Total salary increases: Not disclosed (estimated above $300 million)
Funding stage: Series c
Funding date: June 12, 2025
Landbase hooks $30 million to automate market efforts with agent AI
Landbase, a “agent” artificial intelligence startup, has closed its $30 million Series A to expand its AI-powered platform to automate workflows in the market heading for business. Founded in 2024 and based in San Francisco, Landbase has built the GTM-1 Omni, a domain-specific AI model trained with billions of sales data points to function as a Virtual Marketing and Sales team. Its platform autonomously investigates, researches and optimizes crafts in real time, personalized outreach of leads and crafts via email, LinkedIn, and phones, aimed to fundamentally simplify B2B growth process.
Series A is led by Sound Ventures and Picus Capital, with participation from Firstminute Capital, 8VC and A*a*aa*Capital. (In particular, Sound Ventures is co-founded by actor Ashton Kutcher.) Landbase uses funds to boost its AI model and launch a free entry-level version of the platform, business.
The goal of a startup is to provide businesses of all sizes with an AI-driven, AI-led mobility engine to markets, reducing costs and time while increasing the effectiveness of outreach. With investors backed by both venture companies and industry angels, Landbase is poised to expand its “growth automation” solution and help clients accelerate revenues using AI.
Funding details:
Startup: Landbase (San Francisco, USA – AI Platform for Automated B2B Go-To-Market Running)
Investors: Sound Venture (Lead); Picas Capital (Lead); First Minut Capital. 8vc; *Capacity
Amount raised: $30 million
Total Procurement: ~$30 million (first major round)
Funding Stage: Series a
Funding date: June 12, 2025
It will secure $75 million nominal to accelerate real-time testing of physical systems
A Los Angeles-based startup, nominally built a unified testing platform for hardware systems, closing $75 million Series B funding, expanding operations and products development. Sequoia Capital led the round, with top-notch investors including Lightspeed Venture Partners, Lux Capital, General Catalyst and Founders Fund.
The nominal provides a real-time test “stack” of physical world systems. A cloud-based workbench (nominally core) allows engineering teams to synchronize high-end sensor data, logs and video. Field.
The platform is used in tough sectors such as aerospace, defense, energy and advanced manufacturing. Clients such as Anduril Industries, Shield AI, and even the US Air Force rely on nominally to detect anomalies and ensure preparation for critical missions Hardware. With new funding, the nominal plan is to expand teams and infrastructure to support increased customer demand for faster, more collaborative testing of physical systems. Series B Infusion is backed by Who’s Who-Who of Venture Firms, nominally makes it a critical enabler for hardware companies to iterate and deploy technology with software-like speed and confidence.
Funding details:
Startup: Nominal (Los Angeles, USA – Real-time testing and surveillance platform for hardware systems)
Investors: Sequoia Capital (LEAD); Lightspeed Venture Partners; Lux Capital; General Catalysts; Founders Fund
Amount raised: $75 million
Total rise: Not disclosed
Funding Stage: Series b
Funding date: June 12, 2025
Funding Summary Table
Funding date Chime DST Global in the funding stage for startup investors (leads and well-known investors). General Atlantic; ICONIQ (IPO Pre-IPO Backer) $2 billion IPO (NASDAQ) Over $700 million Multivirse Computing Bullhound Capital (LEAD) on June 12, 2025; HP Inc. ;Forgepoint; Toshiba €189 million euros (~$217M) to 250 million US$250M Series B June 12, 2025 Gecko Robotics Cox Enterprises (LEAD); usit; xn;Founders Fund. Y Combinator $125 million $347 million Series D June 12, 2025 General Catalyst (Led); Baillie Gifford; Microsoft; Sequoia Capital; Other $170 million did not disclose Series C on June 12, 2025. Landbass sound venture (lead). Picas Capital (Led); First minute; 8vc; A* Capital $30 million to $30 million Series A June 12, 2025 Nominal Sequoia Capital (LEAD); Lightspeed; Lux; General Catalyst; Founder Fund $75 million Undisclosed Series B June 12, 2025
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