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Startups & Ventures
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“A hub for startup news, trends, and insights, covering the global startup ecosystem for founders, investors, and innovators.
Community: @startupdis
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🛸 Accel Leads Round for Swedish “Vibe Coding” AI Star Lovable
Accel is leading a $150 million funding round in Stockholm-based AI startup Lovable, which is closing in on a $1.8–2 billion valuation . The investment follows a $15M pre‑Series A in February and comes less than six months after launch.
⚙️ Democratizing App Creation with AI
• Lovable enables anyone—even non‑coders—to build full-fledged apps and websites using simple text prompts .
• The platform integrates top-tier AI models from OpenAI, Anthropic, and Google Gemini to generate complete front‑ and backend code .
• Within just seven months of launch, it reached $75 million ARR and amassed over 30,000 paying users .
• Dubbed “vibe coding” — a term credited to Andrej Karpathy — it allows users to build by feel and language rather than syntax .
📊 Explosive Growth & Market Position
• Lovable saw ARR skyrocket from $17M in early 2025 to $75M by mid‑2025 .
• It was named one of Europe’s fastest‑growing SaaS startups, topping Sifted’s B2B SaaS Rising 100 .
• Positioned in a competitive field alongside Cursor (Anysphere), GitHub Copilot, and Replit, Lovable stands out by targeting non‑technical founders and small businesses .
🧭 Strategic Vision: Global Scaling & Toolbox Integration
• Founded in 2023 by Anton Osika and Fabian Hedin, veterans of Depict.ai and assistive technology .
• Initial pre‑seed and pre‑Series A rounds led by Creandum, Hummingbird Ventures, and prominent angels including Charlie Songhurst and Thomas Wolf .
• Upcoming round fuels expansion of deep integrations (e.g., Supabase, GitHub), international scaling, and enhancements to backend capabilities.
Lovable is proving that truly no‑code AI development is scalable, fast, and investor‑backable—positioning itself as a European powerhouse in generative AI for app creation.
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🚀 Castelion Brings Hypersonic Missiles into the Startup Era
Castelion, a defense startup founded by ex-SpaceX engineers, is raising a $350M Series B to scale production of its Blackbeard hypersonic missile system. The round, led by Lightspeed and Altimeter, comes just six months after its $100M Series A and positions Castelion as a serious challenger to legacy primes like Raytheon and Lockheed.
⚙️ Fast, flexible missile manufacturing
• Taking a “SpaceX-style” approach to hypersonic R&D: rapid iteration, in-house hardware, frequent tests
• Blackbeard GL promises ~80% of top-end hypersonic performance at a fraction of the cost
• Designed to launch from existing systems like HIMARS—no new hardware needed
• First vehicle test completed in March 2025 in Mojave Desert, showing early proof of viability
📊 Strategic tailwinds and real traction
• Featured in U.S. Army’s 2026 budget with $25M allocation for Project HX3
• DoD backing includes grants from Air Force Research Lab and Naval Air Systems Command
• Roadmap: prototype demo in 2026, 10 missiles delivered in 2027, potential full-scale deployment in 2028
• Raises the bar for affordability and adaptability in the hypersonic arms race
🧭 Founders bringing new DNA to defense
• Founded in 2023 by former SpaceX and defense engineers with deep aerospace manufacturing expertise
• Emphasizes cost-efficiency, speed, and interoperability across military systems
• Fast funding pace signals investor confidence in dual-use defense tech
• Poised to upend the defense-industrial status quo with venture-style scaling
Castelion is aiming to do for hypersonics what SpaceX did for rockets: build faster, cheaper, and smarter—and win big in the next wave of national defense tech.
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⚡ Dexter Energy Scales AI Trading to Maximize Renewable Power Profits
Dexter Energy, an Amsterdam-based climate tech startup, has raised a €23M Series C to expand its AI-powered forecasting and trading optimization platform for renewables and battery assets. The round was led by Alantra’s Klima fund, with participation from Mirova, ETF Partners, Newion, and PDENH.
🛸 AI for grid-aware energy trading
• Combines weather, price, and grid data to forecast and optimize renewable energy trades
• Covers day-ahead, intraday, and real-time imbalance markets
• Platform helps wind, solar, and battery operators lift revenues by up to 30%
• Already supports >80 clients including Centrica, Pure Energie, and Luminus
📈 Riding the clean energy inflection point
• Renewables make up 47% of Europe’s power mix, en route to 70% by 2030
• Rising volatility and balancing costs are squeezing producer margins
• Dexter operates in 9 countries with a team of ~90 and plans to expand further into Europe
• New tools for battery trading will help producers monetize storage more efficiently
🌍 Founder-led with deep market traction
• CEO Luuk Veeken founded Dexter in 2017 to bring AI to energy trading
• This round will grow the team, improve models, and expand into new geographies
• Strategic investors back Dexter as a key enabler of grid-stable, renewables-first systems
Dexter is becoming the intelligent control layer that helps Europe’s clean energy system run profitably, flexibly—and in real time.
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🌍 Climeworks Scales Direct Air Capture to Tackle Climate at Gigaton Level
Climeworks, the Swiss pioneer in direct air capture (DAC), has raised $162M in fresh equity funding to accelerate the rollout of its third-generation carbon removal technology. The round was led by BigPoint Holding and Partners Group, bringing total capital raised to over $1B—marking the largest carbon removal investment of 2025 so far.
⚙️ Breakthrough tech for scalable carbon removal
• New Gen‑3 DAC modules double energy efficiency and extend filter lifespan
• Focused on scaling plants like Mammoth in Iceland—among the largest in the world
• Integrated with renewable geothermal energy for low-carbon operations
• Portfolio now includes a hybrid of engineered DAC and nature-based solutions
📊 Growing market, growing demand
• Climeworks holds over 6M tons in signed carbon removal contracts
• Corporate demand doubling YoY: >16M tons purchased in 2025 so far
• Aims to capture a slice of the projected $1T carbon removal market by 2050
• Existing clients include Microsoft, Shopify, and BCG
🧭 Long-game leadership in climate infrastructure
• Founded in 2009 by ETH Zurich engineers Jan Wurzbacher and Christoph Gebald
• Strategic push into new markets: U.S., Canada, U.K., Saudi Arabia
• This round fuels tech scale-up and new plant development, including in North America
• Blended model positions Climeworks as both premium DAC provider and full-stack CDR platform
Climeworks is shaping the future of climate tech by proving that large-scale, engineered carbon removal is real, fundable, and here to stay.
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💻 Hinge Health Taps AI to Automate Care Delivery
Digital health company Hinge Health has gone public with a $2.6 billion valuation and is now leaning heavily on AI to transform how musculoskeletal care is delivered—largely without human intervention.
🧠 AI-led physical therapy
• 95% of clinician tasks now automated using Hinge’s in-house AI tools
• Combines wearable sensors, computer vision, and personalized exercise plans
• Helps boost efficiency while maintaining strong patient outcomes
📈 Profitable and scaling fast
• Q1 2025: $123.8M in revenue and $17.1M profit with 81% gross margins
• Uses AI automation to reduce costs and deliver virtual care at scale
• Now expanding into new specialties, with broader offerings launching this summer
🦾 Reinventing care with automation
• AI adjusts treatment plans in real time based on motion tracking
• Vision is to become the go-to platform for home-based chronic pain management
• Goal: replace fragmented physical therapy with seamless virtual-first care
🚀 IPO opens the digital health floodgates
• One of the first profitable healthtech IPOs in years
• Proving automation-first care can drive both impact and financial results
• Sets a new playbook for startups like Omada and Sword Health considering public listings
Hinge Health’s automation-first strategy could reshape how care is delivered—and who delivers it.
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🛍️ Remark Blends Human Expertise with AI to Supercharge Online Shopping
Remark, a Boston-based startup enhancing e-commerce with live experts and AI personas, has raised a $16M Series A led by Inspired Capital, with backing from Stripe, Neo, Spero Ventures, Shine Capital, and Visible Ventures. The company is building the human-AI layer that helps shoppers convert with confidence—at scale.
🧠 AI meets real-time human expertise
• Combines live expert chat with AI-trained personas that guide buyers through complex purchases
• Converts static product pages into interactive, personalized experiences
• Auto-generates follow-ups, content, and insights that extend beyond chat windows
• Lifts conversions to 28% vs the e-commerce average of ~1.5%
📈 Scaling with commerce momentum
• 60,000+ vetted experts on the platform; top earners make $60K–$70K/year
• Retailers using Remark report ~10% increase in net revenue
• Expanding into verticals like skincare, fitness, nutrition, and consumer tech
🔺 Founder-led with a sharp product edge
• CEO Theo Satloff brings deep expertise in commerce and consumer UX
• New capital will grow the team (~25 today), deepen AI training, and expand expert coverage
• Positioned as the personalized interface layer between shoppers and online stores
Remark isn’t just adding chat to e-commerce—it’s redefining digital retail with scalable, human-powered AI that closes the gap between clicks and conversions.
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📢 Deeto Turns Customer Voice into a GTM Powerhouse
Deeto, a New York–based startup helping companies scale customer advocacy with AI, has raised a $12.5M Series A led by Jump Capital, bringing total funding to $17M. The platform automates the capture and delivery of customer proof to accelerate deals, personalize buyer journeys, and boost GTM conversion.
🧠 Smart advocacy, delivered with AI
• AI curates customer stories and routes them based on persona, stage, and channel
• Auto-generates proof content and surfaces it across websites, sales decks, and CRMs
• Replaces static testimonials with dynamic, contextual, and scalable social proof
• Integrates with Salesforce, HubSpot, Gong, and other GTM tools for seamless activation
📈 Gaining traction with modern GTM teams
• Used by teams at Dropbox, Atlassian, 6Sense, Klaviyo, and Bloomreach
• Helps sellers and marketers build trust without waiting on case studies
• Removes advocacy bottlenecks—no more wrangling references or creating one-off assets
🔺 Mission-led founders, expansion-ready
• CEO Eran Baron leads a team with deep AI, SaaS, and go-to-market expertise
• Funds will scale product, deepen integrations, and grow sales and success teams
• Positioned as the “customer layer” for modern revenue teams in PLG and enterprise motions
Deeto isn’t just collecting testimonials—it’s automating the voice of the customer as a high-conversion GTM asset at every touchpoint.
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✉️ Grammarly Acquires Superhuman to Build the AI Productivity Stack
Grammarly, the writing assistant turned AI work platform, has acquired email startup Superhuman in a move to expand beyond grammar and dominate the AI-powered workplace. The deal comes weeks after Grammarly raised $1B from General Catalyst to accelerate its product roadmap and acquisitions.
🔒 Precision writing meets premium email UX
• Superhuman adds lightning-fast, AI-enhanced email to Grammarly’s productivity suite
• Known for minimalist design, keyboard speed, and productivity coaching
• 5× growth in AI-written messages among users; 72% more emails processed per hour
• Builds on Grammarly’s 2024 acquisition of Coda to unify docs, email, and workflows
📈 Platform expansion with power users in mind
• Email is still the #1 workspace surface—professionals spend 3+ hours daily in inboxes
• Superhuman team (100+ people) joins Grammarly; brand and product remain intact
• CEO Rahul Vohra joins Grammarly’s leadership team alongside CEO Shashir Mehrotra
• Targets power users and knowledge workers seeking speed, clarity, and AI-native flow
🔺 Full-stack ambition against Big Tech
• Grammarly now spans writing, collaboration, and communication—an AI-powered “OS for work”
• Positioned as a sleek alternative to Microsoft, Google, and Salesforce ecosystems
• Email becomes the control layer for Grammarly’s AI copilots—actionable insights, auto‑drafts, smart scheduling
With Superhuman under its wing, Grammarly is becoming more than a writing tool—it’s evolving into an intelligent command center for the modern knowledge worker.
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🛰️ Skynopy Simplifies Satellite Connectivity with API-First Ground Network
Skynopy, a Paris-based spacetech startup, has raised a €15M (~$16.2M) seed round to expand its hybrid ground station network for satellite operators. The round was led by Alven, with participation from Expansion Ventures, Omnes, Heartcore, and CNES-backed SpaceFounders. Skynopy aims to make connecting satellites to Earth as easy as managing a smartphone.
🛸 Ground ops, streamlined like cloud
• API-first platform lets operators book downlink sessions in minutes
• Hybrid model blends Skynopy antennas with integrated partner stations across multiple bands
• Virtualized modems, real-time orchestration, and usage-based pricing eliminate CAPEX headaches
📡 Fast data, zero friction
• Enables 20-minute revisit times and 2x more data per satellite pass
• Strategic partners include AWS, Airbus Defense & Space, and Kinéis
• AKAR network roadmap aims for 100+ connected ground stations by 2028
👩🚀 Founder-led with deep space chops
• CEO Pierre Bertrand and CTO Antonin Hirsch previously engineered satellite ops at Loft Orbital
• Frustrated by ground segment bottlenecks, they built Skynopy from the ground up in 2023
• Vision: orbital connectivity as seamless, scalable, and flexible as cloud computing
In a space industry racing toward real-time data, Skynopy is redefining the ground segment as software-first, API-powered, and ready for scale.
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🛡️ Cato Networks Scales Secure Cloud Access
Cato Networks, a Tel Aviv–based cybersecurity company offering an all-in-one cloud-native SASE platform, has raised a $359M Series G at a $4.8B valuation. The round was led by Vitruvian Partners and ION Crossover Partners, with continued backing from Lightspeed, Acrew, and Adams Street. Total funding now exceeds $1B as the company gears up for IPO flexibility.
🔒 Unified security and networking, AI-accelerated
• Combines SD-WAN and security (SASE) into one globally distributed platform
• AI detects threats across access points, users, and traffic without siloed tools
• Replaces dozens of legacy point products—built for hybrid and remote enterprises
📈 Scaling fast with global traction
• 3,500+ enterprise customers across 150+ countries
• 46% YoY ARR growth in 2024; estimated $250M+ in recurring revenue
• Fresh capital fuels AI upgrades, R&D, and deeper international market penetration
🔺 Veteran founder, IPO-ready team
• CEO Shlomo Kramer co-founded Check Point and Imperva—two iconic cybersecurity exits
• Company exploring 2025 IPO but no rush: “we can press the button when the time is right”
• 30% of round (~$120M) set aside for secondary—early employees get liquidity
Cato’s cloud-first, AI-enhanced platform offers enterprises a simplified path to secure, scalable access—and a likely IPO bell-ringer.
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📦 Levelpath Rebuilds Enterprise Procurement with AI-Native UX
Levelpath, a San Francisco–based startup modernizing procurement software, has raised a $55M Series B led by Battery Ventures, with continued backing from Benchmark and Redpoint. The company is founded by the creators of Scout RFP (acquired by Workday for $540M) and aims to make enterprise purchasing as smooth as consumer apps.
🛸 AI-first from the ground up
• Built post-ChatGPT, so generative AI powers workflows from contract review to vendor insights
• Helps users avoid “rogue spend” by automatically surfacing approved, lower-cost alternatives
• Modern UI/UX designed for employees outside procurement—mobile-ready and intuitive
📊 Big logos, bigger ambition
• Customers include Ace Hardware, Amgen, SiriusXM, and Coupang
• Revenue expected to quadruple in 2025
• Competing in a $7.3B+ market alongside Coupa, Ariba, and Zip
🧬 Veteran founders, repeat playbook
• Founders Stan Garber and Alex Yakubovich previously built and sold Scout RFP
• Learned from Workday what legacy systems still couldn’t solve
• Battery’s Neeraj Agrawal—who also backed Coupa—joins the board
Procurement is often the second-largest cost center after payroll—Levelpath wants to make managing it as easy as shopping online.
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💎 Gemist Powers Custom Jewelry with Plug-and-Play 3D Design Platform
Gemist, a Los Angeles–based startup transforming how fine jewelry is designed and sold, has raised a $6M seed round to expand its white-labeled SaaS platform. The round was led by Entrada Ventures, with participation from Artemis Fund, Beechwood Capital, and others, bringing its total funding to $9M.
🧠 3D customization made simple for jewelers
• Photoreal visualization engine lets customers design and preview jewelry in real time
• Covers dynamic pricing, e-commerce, and production management in one platform
• Requires no CAD expertise—jewelers can launch with zero dev effort
📈 Faster sales, bigger baskets
• Retailers report 400% faster sales cycles and 300% higher average order values
• Over 14,000 custom pieces are designed weekly across web, mobile, and in-store
• Integrates seamlessly with existing commerce workflows
👑 Founder-led with a sharp pivot
• CEO Madeline Fraser shifted Gemist from DTC to B2B SaaS in 2022 after seeing broader demand
• Founded out of personal frustration trying to customize a ring online
• Now focused on enabling small and mid-sized jewelers to compete with luxury digital experiences
As jewelry buyers demand personalization and transparency, Gemist is arming retailers with the tools to deliver both—no showroom or 6-week CAD cycle required.
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🇫🇷 Bonx Brings AI-Powered ERP to European Factories
Bonx, a Paris-based startup building ERP software for mid-sized manufacturers, has raised an $8.6M (€7.3M) Seed round to expand across Europe. The round was led by 9900 Capital with backing from Kima Ventures, Dynamo Ventures, Purple, and OSS Ventures.
🛸 AI-driven ERP tailored for factory floors
• Built for mid-market industrial firms overlooked by legacy ERPs
• No-code setup and LLM-based customization enable fast onboarding without consultants
• Covers production, procurement, logistics, and quality—integrates with existing CRM/finance tools
🌍 Scaling across Europe’s industrial heartland
• Early traction in France; now expanding into Italy and Spain
• Targets manufacturers that need flexible digital systems but lack IT teams
• Deployments go live in weeks, not years—key differentiator vs traditional vendors
⛏ Founders with deep factory and ERP DNA
• CEO Alexandre Barroux built 8 industrial SaaS startups through OSS Ventures
• CTO Rémi Bèges holds a PhD in electronics and has built 3 ERPs from scratch
• Bonx spun out of OSS Ventures, which specializes in industrial startup creation
Europe’s industrial SMEs are hungry for tech that fits them—not the other way around. Bonx is betting that fast, AI-powered ERP is the wedge to win that $100B+ market.
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🛰️ Xona Launches Next-Gen GPS from Space and Raises $92M to Scale It
Xona Space Systems, a Burlingame-based startup reinventing satellite navigation, has raised a $92M Series B after launching Pulsar-0, its first production-class satellite. The round was led by Craft Ventures with participation from Toyota Ventures, Seraphim, NGP Capital, and a $20M strategic award from the U.S. Space Force’s SpaceWERX.
📡 Precision GPS from low Earth orbit
• Pulsar satellites broadcast encrypted signals 100× stronger than GPS — even in cities and indoors
• Delivers centimeter-level accuracy to standard receivers without bulky new hardware
• Designed to resist jamming and spoofing with military-grade authentication
🚀 Moving from demo to deployment
• Pulsar-0 launched May 2025; full constellation planned for 2026–28
• Target customers: defense, autonomous vehicles, logistics, aviation, and finance
• Working with chipset and device makers to enable plug-and-play upgrades for existing systems
⚙️ A deep-tech team with strategic momentum
• Founded by aerospace engineers with DARPA and GNSS experience
• U.S. Air Force and Space Force backing signals national security alignment
• Craft Ventures’ Sky Dayton joins the board to support commercial expansion
As GPS hits its limits, Xona is building the resilient, high-precision satellite layer modern systems—and geopolitics—will depend on.
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⚡️ Senra Automates the Wiring Behind Aerospace, EVs & Medical Devices
Senra Systems, a Redondo Beach–based startup founded by ex-SpaceX engineers, has raised a $25M Series A to modernize wire harness design and manufacturing. The round was led by CIV (founded by Figma’s Dylan Field) with backing from General Catalyst, Sequoia, Founders Fund, a16z, 8VC, and others.
🛸 Smarter software for physical wiring
• “Amp” is Senra’s custom design platform replacing Excel, Visio, and PDFs in complex wiring workflows
• Enables rapid design, simulation, and error detection — built for high-regulation industries
• Paired with Senra’s assembly-as-a-service model to deliver harnesses 3× faster
🚀 Serving aerospace, defense, and deep tech
• Already shipping to customers like Anduril and other defense, aviation, EV, and medical firms
• Automates critical wiring that powers planes, satellites, robots, and medical equipment
• U.S.-based manufacturing in Redondo Beach supports fast, secure turnaround for strategic sectors
⚙️ Rewiring industrial manufacturing at scale
• Founders Jordan Black and Ben Shanahan aim to modernize a $350B+ global harness industry
• Funding will expand factory capacity and launch Amp to more enterprise design teams
• Board and backers bring top-tier tech and defense experience to scale adoption
While others chase frontier tech, Senra is quietly modernizing a mission-critical backbone of hardware — and turning wiring into a software-native, on-demand service.
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🏦 Digital Asset Is Tokenizing Wall Street’s Core Infrastructure
Digital Asset, the New York–based blockchain infrastructure firm, has raised $135M in a fresh funding round backed by Goldman Sachs, Citadel Securities, BNP Paribas, Virtu, and DTCC. The round was led by Tradeweb and DRW’s VC arm to accelerate adoption of the Canton Network, a privacy-preserving blockchain for regulated finance.
🔗 Institutional-grade blockchain for real-world assets
• Canton enables atomic settlement and tokenization of assets like bonds, repos, and funds
• Built for compliance and privacy — unlike public chains — using Digital Asset’s Daml smart contract language
• Positioned as a “network of networks” for interoperable, institutional finance
📊Trillions already flowing through the system
• Live since 2024, Canton supports trillions in tokenized assets across finance and trading
• Used by Tier 1 players including Goldman, Deutsche Börse, DTCC, and now Citadel
• Designed to allow asset managers, custodians, and banks to build compliant blockchain applications
🎯 Building the infrastructure layer for tokenized finance
• Digital Asset CEO Yuval Rooz says the raise “cements blockchain’s transformative promise”
• New funding to onboard more financial institutions and asset classes
• Strategic push as Wall Street shifts from blockchain pilots to production-scale adoption
Digital Asset is quietly becoming the plumbing layer for the next generation of financial markets.
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🎙️ Clearspeed Uses Voice AI to Detect Risk in Seconds
Clearspeed, the San Diego-based voice analytics startup, has raised a $60M Series D led by Align Private Capital, with participation from IronGate Capital, Bravo Victor, KBW Ventures, and retired General David Petraeus. The company’s AI listens not to what you say, but how you say it — flagging risk across sectors from insurance to defense.
🛡️ Fast, language-agnostic risk scoring
• Analyzes vocal stress, cadence, and hesitation in 60+ languages — without using speech content
• Classifies high- vs low-risk individuals in real time for claims, security, or fraud workflows
• Delivered as a lightweight API that integrates into existing calls and systems
📈 Dual-use traction across industries
• Trusted by U.S. military, insurers, banks, and government agencies
• Customers report 30× ROI, 2× faster claims decisions, and 40% more instant payouts
• Now active in over a dozen markets with growing demand in the UK, Middle East, and LatAm
🎯 Scaling trust infrastructure for speech
• Originally built for defense vetting, now expanding to enterprise security and customer screening
• Align’s Anna Nekoranec joins the board; Petraeus calls it “outsized value” for vetting and ops
• Plans to double headcount, enhance real-time speed, and deepen commercial integrations
As AI moves beyond text, Clearspeed is turning voice into a trusted signal — helping organizations assess risk in seconds, not days.
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🧾 Execo Brings Agentic AI to Procurement Workflows
Execo, a New York-based enterprise AI startup, has raised an undisclosed bridge round led by Unlock Partners to accelerate go-to-market growth and expand profitability. The company builds agentic AI systems for contract and supplier management, and now counts over 100 enterprise clients globally.
🛸 Agentic AI for contracts and supply chains
• Automates contract lifecycle management and supplier performance workflows
• Focused on risk mitigation, cost reduction, and supply chain resilience
• Combines generative AI with human-in-the-loop design for ROI and compliance
📊 Growing team, global footprint
• 500 employees across six countries, including teams in Europe and Asia
• Serving Fortune 500 and mid-market companies in procurement-heavy sectors
• Unlock’s Patrick Cao (ex-Tokopedia President) joins the board to support scaling
🧭 Strategic push toward profitability
• Bridge funding supports GTM acceleration and revenue per employee expansion
• Positioning as “the enterprise-grade AI layer” for procurement operations
• Prioritizing sustainable growth before next institutional raise
Execo’s disciplined, applied approach gives it an edge in turning language models into enterprise utility.
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Play and Earn Bitcoin
Speed Wallet
Earn free Bitcoin by playing your favorite games. The more you play, the more you earn!
Ad. 18+
