Daily Digest
Daily Digest
Pomegra Startups
Funding rounds, valuations, acquisitions, and IPOs - daily coverage of the companies shaping the private markets
UK photonic chip startup Olix raised $312 million Series B at a $3.3 billion valuation — closing Europe's largest semiconductor VC round, with ARM and Hudson River Trading joining, to build specialized inference chips using novel photonic interconnects.
Defense-tech startup Castelion raises over $1 billion Series C (co-led by JPMorgan Chase's Strategic Investment Group, a16z, and Carlyle) at a $13B valuation to scale production of low-cost hypersonic weapons.
UK cybersecurity startup Cytix raises €6M Series A led by Northern Gritstone to help enterprises detect security risks introduced by rapid AI-driven software changes.
Swedish semiconductor deeptech SweGaN raises $14M Series B to scale production of gallium nitride-on-silicon-carbide materials for 5G, defense radar, and EV power applications.
Colombian payments startup Yuno raises $45M Series B led by Global PayTech Ventures to scale its AI-native payments orchestration platform toward $100B in annual transaction volume.
Dutch long-duration battery startup Ore Energy raises $43M backed by Plural to supply AI data centers with grid-stabilizing energy storage.
Berlin-based fintech Moss hits unicorn status after closing a €30M Series C led by Portage to expand its Finance AI platform for SMEs.
Immunology biotech Boulevard Bio exits stealth with $65M from Deerfield Management to advance a pipeline of multi-specific antibodies for autoimmune diseases including IgA nephropathy.
AI code review startup CodeRabbit raises $143M Series C at a $1.5B valuation, co-led by Atomico and Smash Capital, as revenue grows 5x year-over-year amid the AI-generated code surge.
UK air defense startup Cambridge Aerospace raises $300M Series C at a $3.4B valuation, backed by DFJ Growth and Accel, to scale its drone and missile interceptor products.
London-based AI cloud startup Volta exits stealth at a $2.4B valuation after raising $300M from a16z, NVIDIA, and Altimeter, and landing a reported €8.6B six-year compute deal with Anthropic.
Groq raises $350M at a $3.5B valuation as the AI infrastructure firm formally pivots from chip design to operating a GPU neocloud serving over 6 million developers.
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