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Founded by MIT dropout Ethan Thornton, Mach Industries is quickly becoming one of the most talked-about players in next-gen military tech. Now it’s reportedly raising $100 million more to push its vision even further.
• Vertical-liftoff cruise missiles designed for long-range precision strikes
• Space-capable weapon systems aimed at future-proof battlefield readiness
• Microfactories that scale fast and decentralize production
• Developing “Strategic Strike” for the U.S. Army’s Applications Lab
• Opening its first 115,000 sq ft facility in Huntington Beach, CA
• Backed by Sequoia, Bedrock, and now Khosla Ventures, with Keith Rabois leading the latest round
• Valuation reportedly hitting $470M post-money
• $185M total raised since launch
• $79M Series A closed just months after its $5.7M seed
Mach isn’t just chasing hype—it’s building serious firepower for a new era of defense.
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Portuguese fintech Goparity just secured €2.9M to expand its ethical investing platform, making it easier for anyone — not just the wealthy — to support sustainable projects across the globe.
• Minimum investment starts at just €5, opening the door to mass adoption
• All projects align with the UN Sustainable Development Goals
• Focused on transparency, impact, and ethical finance over profit-first models
• Over €50M in investments expected by mid-2025
• Raised €2.4M from institutional backers (3XP Global, Mustard Seed Maze, Schneider Electric)
• Added €470K via crowdfunding from 800+ retail investors under the same terms
🛠 Platform features
• E-wallet and ledger system for seamless micro-investments
• Tools like auto-invest and convertible loans to maximize returns and impact
• Full impact reporting — from clean energy to rural entrepreneurship
• Low barriers vs. traditional crowdlending platforms
• SDG-exclusive project curation
• International reach, with traction in Spain, Canada, and beyond
Goparity is betting that the future of finance is transparent, inclusive, and built around doing good — one small investment at a time.
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Two founders, one viral tweet, and $2.8M later — Rork is rewriting the underdog playbook. Their mobile app builder lets anyone create full iOS apps with just a text prompt. Zero code. Zero fluff.
• Users describe the app in plain English — Rork builds the iOS app automatically
• Designed for mobile-first — built on top of frameworks like React Native and Expo
• Targets creators, founders, and non-technical teams who want to launch apps instantly
• On Feb 24, a tweet from investor Matt Shumer blew up — “My jaw just DROPPED”
• Within hours: 1M+ views, $100K from Austen Allred, $350K raised the same day
• Founders were $15K in credit card debt each just to keep the app online
• After the tweet, angels and VCs flooded in: Hustle Fund, Founders Inc., ChapterOne, and more
• a16z Speedrun partner Andrew Chen swooped in with a last-minute term sheet
• $2.8M secured. Cohort starts July 28 with perks like $5M in infra credits
• $100K in revenue within 5 days of launch
• Now doing $550K+ ARR with just two full-time founders
• Co-founder Daniel Dhawan now has… a bed (and his own apartment)
Rork is what happens when obsession meets perfect timing — and a little help from Twitter.
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Aiming to fix the clunky donation experience, Bono lets users set monthly giving plans, discover vetted causes, and track real-world impact — all in one sleek platform.
• Users pick causes they care about — climate, LGBTQ+ rights, animal welfare, and more
• Bono auto-distributes monthly donations (starting at just $5)
• A pilot AI chatbot matches donors with relevant charities
• Weekly reports show real outcomes — meals donated, therapy sessions funded, etc.
• Mobile app tracks annual giving impact in real time
• Partnered with over a dozen content creators to spread awareness
• Soft-launched in December during LA wildfire crisis
• Now covers 1.5M U.S. charities — all with high ratings and solid social proof
• Average user donates $20/month, with some giving over $1,000
• Raised $1.6M pre-seed led by Progression.Fund
• Angels include senior leaders from Amazon, Google, Microsoft, Intuit, and X/Twitter
Bono is turning passive charity into active impact — making giving as modern as the causes it supports.
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Imperial College spinout Solena just raised $6.7M to create high-performance, biodegradable fibres using AI and synthetic biology — with zero oil, no microplastics, and next-gen design baked in.
🧬 What they’re building
• AI-designed protein-based fibres that outperform traditional synthetics
• Created using engineered microbes — sustainable and biodegradable
• Tailored at the molecular level for strength, elasticity, and softness
• Relocating to a new pilot facility at Imperial’s Deep Tech Campus
• Equipped with automated bioreactors and fibre spinning lines
• Targeting integration into fashion and sports brands’ 2026 collections
• Fibres aren’t just sustainable — they’re designed from scratch using deep learning
• Avoids the “green premium” by going after premium technical use-cases first
• Positioned to benefit from EU’s upcoming microplastics regulations
With custom AI-designed proteins, Solena wants to do for textiles what Impossible did for meat — redefine what’s possible without nature’s limits.
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AI-powered platform Skillvue just raised $6.3M to help companies move beyond resumes and job titles — and start hiring, promoting, and managing based on actual skills. The future of HR is skills-first.
• An AI-driven platform that analyzes hard and soft skills across candidates and employees
• Replaces gut-feel interviews with automated behavioral assessments
• Aims to unlock hidden talent internally and improve hiring precision
• Predicts performance 5x more accurately than traditional assessments
• Boosts effective talent placement by over 100%
• Used by Unipol, Carrefour, Randstad, Credem, and Douglas
🧬 Scaling fast with a research-first model
• Created a Psychometric Team led by a clinical research veteran
• Split out an independent AI department to push model development
• Plans to launch next-gen Skills Assessment Agents for end-to-end automation
With €9.5M in total funding and growing global demand for upskilling, Skillvue wants to be the tech stack for the skills-based workplace revolution.
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Defense tech unicorn Anduril is buying rugged comms gear veteran Klas to bring hardened hardware into its AI-driven battlefield ecosystem. The move aims to bolster Anduril’s edge computing and drone coordination under real-world combat conditions.
• 30+ years of experience building field-ready computing and networking gear
• Hardware built for off-grid, combat-zone environments
• Deployed globally to support military communications and drone ops
• Klas’s tech to be integrated into Lattice, Anduril’s battlefield OS
• Enables live syncing of drone, sensor, and comms data in contested zones
• Strengthens Anduril’s pitch as the next-gen digital command stack
• This is Anduril’s ninth acquisition since 2017
• Competing with Palantir and SpaceX for missile defense contracts
• In talks to raise $2.5B at a $28B valuation, per Reuters
This is not just a hardware buy — it’s a tactical move to own the full kill chain, from battlefield sensors to autonomous decision loops.
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Posha, the newly launched AI kitchen assistant, wants to revolutionize home cooking — reducing your time in the kitchen by up to 70%. With $8M Series A funding led by Accel, it’s setting out to automate healthy meals for busy people.
• Prepares meals from over 1,000 recipes using AI, computer vision, and robotics
• Handles cooking tasks like heating, stirring, timing, and ingredient dispensing
• Uses a built-in camera to adapt in real-time — like caramelizing onions or roasting chicken to perfection
• No meal kits or proprietary formats — users load ingredients and go
• Fully customizable via app — change spice levels, doneness, ingredients
• Designed to fit under kitchen cabinets with quick dishwasher-safe cleanup
• Aims to be as essential as a microwave in modern homes
• Subscription model for personalized recipe plans
• Targeting the U.S. market with growing demand for healthy, home-cooked meals without the effort
Posha’s AI chef brings robotics out of factories and into your kitchen — and it's hungry for mass adoption.
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While Big Tech races to build trillion-parameter behemoths, Fastino is taking the lean route — and just raised $17.5M to prove small can be mighty.
• Builds task-specific, compact AI models that run on <$100K worth of gaming GPUs
• Claims models are faster, cheaper to train, and more accurate for targeted enterprise tasks
• Early models include tools for document summarization and data redaction
• $17.5M seed led by Khosla Ventures, bringing total raised to $25M
• Previous investors include M12 (Microsoft’s VC arm) and Insight Partners
• Models are so compact they return full responses in one token
• Focused on enterprise clients and built for speed and efficiency
Fastino is betting that small, smart, and specific is the future of enterprise AI — not just big and bloated.
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Founded by a 22-year-old Wharton grad and a Harvard dropout, Rove is on a mission to help millions earn free flights—no credit card required.
• Inspired by Asia Miles in Hong Kong, where everyday purchases earn flight miles
• Built as a “universal” loyalty program across 11 airline partners
• Includes major names like Qatar Airways, Air France-KLM, and Finnair
• Earn airline miles from 7,000+ merchants via Rove’s Chrome extension
• Hotel bookings are key—some deals give users up to 40% of the value back as miles
• Miles can be combined from Rove, shopping, hotels, and even eligible credit cards
• Raised $2M from YC, General Catalyst, Soma Capital
• Part of Y Combinator’s Winter 2024 batch
• Positioned as a no-barrier entry point into “travel hacking” for Gen Z
Rove is flipping the script on travel rewards—no credit score needed, just smart clicks and a Chrome plugin.
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Quantum Systems is building battlefield-grade autonomous drones powered by AI — now expanding globally with backing from Airbus, Thiel, Balderton, and more. With a focus on defence and critical industries, the company is reshaping aerial intelligence.
• AI-powered modular drones that operate without GPS or stable communication
• Flagship platform Vector AI already deployed in Ukraine and NATO missions
• Dual-use systems for defence, mining, agriculture, and infrastructure
• Scaling global production to meet rising demand across EU and Asia-Pacific
• Strengthening defence portfolio through acquisitions in Germany and the UK
• Growing a 550-person team across Germany, Australia, Ukraine, and Romania
• Helps Europe reduce reliance on foreign defence tech
• Aligns with EU’s push for sovereign, software-defined defence
• Bridges startups and legacy defence systems with faster, smarter drone tech
Quantum is turning AI drones into Europe’s frontline advantage — and betting big on global aerial dominance.
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The U.S. Department of Labor has officially dropped its Fair Labor Standards Act probe into Scale AI and its HR partners, removing a cloud that had loomed over the $13.8B startup since March.
• DOL examined potential worker misclassification and unpaid wages
• Scale relies on thousands of contractors for critical AI labeling tasks
• Ex-workers have filed lawsuits claiming denial of benefits and misclassification
• DOL did not provide a reason; Scale declined to comment
• On May 1, the agency paused enforcement of a Biden-era contractor rule
• Scale may also be navigating policy shifts under a potential Trump return
• Scale CEO Alexandr Wang publicly urged Trump to “win the AI war”
• Former Scale MD Michael Kratsios now leads White House science policy
The decision removes a major regulatory overhang—but legal pressure from former workers could still complicate the narrative.
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Recraft has quietly become a powerhouse in branded visual generation—outperforming Midjourney and DALL-E on industry benchmarks, now backed by Accel with $30M in fresh capital.
• Proprietary model lets users place logos and text exactly where needed
• Maintains consistent style across multiple images—crucial for design teams
• Generates high-res images in 7 seconds, twice as fast as DALL-E 3
• Their “red panda” model topped the Artificial Analysis benchmark (ELO 1172)
• First to support image generation at any size with pixel-perfect layout control
• Used by 4M users with $5M ARR—quietly scaling with real demand
• CEO Anna Veronika Dorogush was a pro model before building CatBoost at Yandex
• Combines deep ML engineering with creative understanding of design workflows
• Her leadership helped Recraft outpace industry giants from stealth
• $30M Series B led by Accel, with Khosla and Madrona in the mix
• Total funding now $42M, targeting aggressive growth in brand and agency adoption
Recraft isn’t chasing hype—it’s quietly rewriting the rulebook for generative AI in professional design.
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Gen Z social platform Fizz is taking Instacart and Partiful to court, alleging trademark infringement over their new co-launched “Fizz” party delivery app—targeting the same audience Fizz claims to have built since 2020.
• Filed in Northern California seeking a jury trial, damages, and an injunction
• Claims Instacart and Partiful knowingly used “Fizz” to mislead Gen Z users
• Accuses them of trademark infringement, cybersquatting, and unfair competition
• Says it has used the “FIZZ” name since early 2022, filed for trademark in 2021
• Claims Instacart’s use of <fizz.com> was in bad faith to divert traffic from <fizz.social>
• Alleges Partiful is leveraging its brand after failing to capture Gen Z organically
No comment yet from Instacart or Partiful—but this Gen Z showdown just escalated into a courtroom battle.
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In a historic move for women’s health, Teal Health has received FDA approval for the Teal Wand, the first-ever at-home cervical cancer screening device—allowing patients to self-collect samples and skip the doctor’s office.
• The Teal Wand enables patients to collect cervical samples at home and mail them to a lab
• Includes virtual provider access for result reviews and medical guidance
• Launches in California this June, with plans to expand
• $23M raised to date, including Serena Ventures, Chelsea Clinton, Forerunner, and Emerson Collective
• Aims to reduce the 1-in-4 women currently behind on screenings
This is more than convenience—it’s a step toward healthcare access and autonomy for millions.
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Fitness tracker startup Whoop faced major criticism this week after introducing paid upgrade fees for its new 5.0 device — despite previously promising free upgrades.
• Users were told to pay $49–$79 or extend their subscription by 12 months to get the new device
• This contradicted a long-standing policy promising free upgrades after six months
• Angry customers flooded Reddit and social media
• Whoop now offers free upgrades to anyone with 12+ months left
• with less time can extend their plan to qualify
• The startup claimed the 6-month upgrade promise was “posted in error”
• The community is split — some call it a win, others see it as damage control
• Users with 11 months left are stuck paying or extending
When your whole brand is about premium service, don’t cut corners on loyalty.
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Billy Evans — partner of Theranos founder Elizabeth Holmes — is reportedly fundraising for a new company called Haemanthus, focused on “human health optimization” through blood, saliva, and urine analysis.
• A machine that uses lasers to detect infections and cancer
• Plans to start with pet diagnostics, then expand to human health
• Targeting over $50M in funding
• The concept closely mirrors Theranos — but with lasers
• Some investors, including Jim Breyer, have already passed
Theranos 2.0 or a clean slate? Investors aren’t so sure.
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Just two months after Northvolt collapsed under $5.8B in debt, former CEO Peter Carlsson is back — this time betting on AI to transform factory floors.
• New Sweden-based startup using machine learning to optimize manufacturing
• Targets predictive maintenance, real-time quality control, and leaner operations
• No name yet — still in stealth, with team scaling to ~20
• VC funding secured from top firms in Europe and Silicon Valley
• Carlsson took a major stake himself
• His Tesla + Northvolt track record reportedly helped close the round
• Industrial AI is heating up — and legacy players like GE and Siemens are slow
• Carlsson is aiming for faster, more focused execution
• Could mark a redemption arc after Northvolt’s high-profile failure
Second acts in tech are rare — but Carlsson’s new play might just hit the timing right.
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A high-profile investigation is underway into fintech startup Ramp’s pursuit of a $25 million U.S. government contract, raising concerns over fairness and political ties.
• Rep. Gerald Connolly is probing Ramp’s involvement in a pilot for the federal SmartPay program.
• His concerns include Ramp’s lack of prior federal contracting experience and its ties to Trump-affiliated investors like Founders Fund, Khosla Ventures, and 8VC.
• Ramp allegedly engaged with payments industry entities before an official request for information was made public.
• The SmartPay program processes over $40 billion in annual federal spending via 4.6M cards.
• Currently dominated by Citibank and US Bank, the program represents a $700 billion opportunity.
• Ramp says it entered the process after seeing a public post by the Department of Government Efficiency (DOGE) and was referred by a former customer.
🏛 Political backlash could reshape fintech bids
• Connolly is demanding a full list of Ramp’s interactions with GSA and has cited a GSA staffer calling Ramp the “favorite.”
• Ramp, recently valued at $13B, declined to comment on the investigation.
Is the federal fintech door opening—or just opening controversy?
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Israeli startup Classiq has raised $110 million in Series C funding — the largest ever for a quantum software company — to solidify its role as the foundational software layer for the quantum era.
🔬 Quantum platform that writes itself
• Classiq’s platform automatically generates quantum circuits from high-level specs, compressing them by up to 97%.
• It enables developers to build applications across any quantum hardware, without needing deep quantum expertise.
• Used by top firms like BMW, Deloitte, Rolls-Royce, Citi, and dozens of global universities.
• Tripled both revenues and customer base yearly, serving enterprises and academia worldwide.
• Filed over 60 patents with a 100% acceptance rate in quantum modeling and compilation.
• Led by a seasoned team spanning quantum physics, chip design, and software engineering.
• $110M round led by Entrée Capital, with backers like HSBC, Samsung Next, Norwest, Wing, Team8, and QBeat.
• Total funding now at $173M, aimed at global expansion and building out enterprise go-to-market and R&D.
• Fully integrated with leading clouds (AWS, Azure, GCP) and nearly all major quantum hardware platforms.
Classiq isn't building niche tools—it’s positioning itself as the universal operating system for quantum applications.
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