Deep Tech Capital Movements Vol. 8
Weekly tracking of funding rounds, new funds, and strategic shifts in deep tech.
Welcome back to Deep Tech Capital Moments! Every week, we track funding rounds, new funds, and major strategic moves in deep tech
💡 Got a big deal to share? If your fund just backed something game-changing—or your startup just raised—let’s make sure the right people see it.
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Deep Tech Capital Movements is the only newsfeed fully dedicated to deep tech deals—saving you time and keeping you focused on what truly matters.
If you’re in deep tech—whether you’re building, investing, or simply staying ahead—you can’t afford to miss this week’s biggest funding rounds and strategic maneuvers.
Just this week, we tracked over 35 deals spanning the entire early-stage spectrum, including 13 seed rounds and 13 Series A rounds, channeling roughly $4.6 billion into transformative innovations.
The United States continues to lead deep tech investment, with notable rounds from Anthropic ($3.5 billion), Shield AI($240 million), and Epirus ($250 million).
AI, autonomous systems, and defense technologies attracted significant capital, underscoring their growing strategic importance. Energy and clean technologies also saw strong investor interest, with advancements in batteries, hydrogen, solar, and fusion energy receiving substantial backing. Meanwhile, the biotech and medical sectors continued to gain traction, with funding directed toward next-generation therapeutics, diagnostics, and AI-driven health solutions.
These capital flows reflect the increasing momentum in deep tech, where breakthrough innovations are shaping the future across industries.
Stay with us as we continue to track the most impactful developments in this space.
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State of Global Deep Tech Funding on February 2025
Every week, we track deals, map capital flows, and analyze the trends shaping the deep tech landscape. We collect, clean, and scrutinize data to extract meaningful insights—so you don’t have to.
This time, we decided to do something different. What if we visualized this data to make it even clearer and more actionable?
So, we ran an experiment. For our premium members, we’ve transformed our research into 10 visual charts, providing a curated, independent, and visually compelling snapshot of the State of Global Deep Tech Funding as of February 2025.
Startups
🔸 M-Spin Secures £25K Royce Grant to Advance Next-Gen Battery Materials
Imperial College London spinout M-Spin received a £25K grant from the Henry Royce Institute to accelerate research on high-surface-area materials for electrolysers, fuel cells, and batteries. Following a £1.2M seed round in November, M-Spin will use Royce’s state-of-the-art facilities to enhance material characterization and refine its next-gen metallic meshes, which have demonstrated 3-5x performance improvements in energy storage applications.
Deal: Grant
Region: UK, Europe
Industry: Battery
Sector: Advanced Materials
Tech: High-Surface-Area Electrodes, Energy Storage
🔸 Radical Dot Raises €2.7M to Revolutionize Plastic Waste Recycling
Munich-based Radical Dot secured a €2.7M pre-seed round to scale its chemical recycling technology. Led by UVC Partners and Visionaries Tomorrow, the investment will support the development of a continuously operated prototype at TU Munich. Radical Dot’s catalytic process converts mixed plastic waste into cost-competitive green carboxylic acids, tackling one of the biggest challenges in plastic waste upcycling.
Deal: Pre-Seed Round
Region: Germany, Europe
Industry: Circular Economy
Sector: Chemical Recycling
Tech: Low-Temperature Catalysis, Green Chemicals
🔸 Myosin Therapeutics Closes Second Seed Round to Advance Cancer & Neuroscience Therapies
Jupiter, FL-based Myosin Therapeutics raised over $3M in its second Seed round to advance clinical trials for its oncology and neuroscience drug candidates. The funding, backed by DeepWork Capital, Florida Opportunity Fund, Mint12 Pharma, and others, will accelerate trials for MT-125, a glioblastoma treatment granted orphan drug designation by the FDA, and MT-110, a novel therapy for methamphetamine use disorder (MUD). The capital infusion supplements a significant NIH investment.
Deal: Seed Round
Region: U.S.
Industry: Biotech
Sector: Oncology, Neuroscience
Tech: Drug Development, Molecular Nanomotors
🔸 Moonwatt Raises $8.3M to Scale Sodium-Ion Batteries for Solar Storage
Amsterdam-based Moonwatt closed an $8.3M seed round to commercialize sodium-ion battery storage solutions tailored for solar energy. The round was co-led by daphni and LEA Partners, with participation from Founders Future, AFI Ventures, and Kima Ventures. Unlike lithium-based batteries, Moonwatt’s sodium-ion technology leverages abundant, low-cost materials to enable large-scale solar storage, increasing solar plant efficiency and stabilizing electricity prices.
Deal: Seed Round
Region: Netherlands, Europe
Industry: Energy
Sector: Stationary Battery Systems for Solar
Tech: Sodium-Ion Batteries, Grid-Scale Storage
🔸 TRIMTECH Therapeutics Secures $31M Seed Funding for Neurodegenerative Disease Pipeline
Cambridge-based TRIMTECH Therapeutics closed a $31M Seed round to advance its TRIMTAC™ targeted protein degradation (TPD) platform for neurodegenerative diseases. The round was led by Cambridge Innovation Capital and SV Health Investors’ Dementia Discovery Fund, with participation from M Ventures, Pfizer Ventures, and others. The funding will accelerate the development of CNS-penetrant therapies targeting Alzheimer’s, Huntington’s, and other neurodegenerative conditions.
Deal: Seed Round
Region: UK, Europe
Industry: Biotech
Sector: Neuroscience, Drug Discovery
Tech: TPD, AI-Driven Drug Discovery
🔸 Watter Secures $5M Seed Round to Convert Compute Waste Heat into Energy
Dallas-based Watter raised $5M in Seed funding to scale its distributed compute energy-repurposing model. Led by Hunt Innovative Technologies and 17Shoals Inc., the funding will support pilot deployments and partnerships to repurpose waste heat from compute devices into residential and commercial water heating, reducing grid demand and enhancing sustainability.
Deal: Seed Round
Region: U.S.
Industry: Energy
Sector: Renewable Energy, Thermal Management
Tech: Heat-to-Energy, Edge Computing
🔸 Decibel Bio Launches with $12M to Advance Epigenetic Crop Programming
Berkeley-based Decibel Bio emerged from stealth with $12M in funding to develop its crop epigenetic programming platform. Investors include Breakthrough Energy Ventures, Future Ventures, Bayer, and Syngenta. The platform allows farmers to modify plant traits in real time without altering DNA, improving yield, resilience, and adaptability to climate conditions.
Deal: Seed Round
Region: U.S.
Industry: Agriculture & Food
Sector: Crop Science
Tech: Epigenetic Reprogramming, AI-Driven Agriculture
🔸 ctrl+s Raises €1M Seed Round to Optimize Supply Chain Emissions
Berlin-based ctrl+s closed a €1M Seed round to expand its AI-powered emissions tracking platform for supply chains. The round was led by HTGF, with participation from industry expert Benjamin Schulz. The company’s item+s and supplier+s platforms provide real-time carbon footprint insights and help enterprises decarbonize supply chains without extensive data collection efforts.
Deal: Seed Round
Region: Germany, Europe
Industry: Logistics
Sector: Supply Chain Optimization
Tech: AI
🔸 Alpine Eagle Raises €10.2M to Develop AI-Powered Counter-Drone Tech
Munich-based Alpine Eagle secured a €10.2M Seed round to expand its AI-driven counter-drone defense system. The round was led by IQ Capital, with participation from HTGF, Expeditions Fund, and Sentris Capital. Alpine Eagle’s Sentinel-OS software integrates ML and sensors to detect and neutralize drones in contested environments. The funds will support product development and international expansion.
Deal: Seed Round
Region: Germany, Europe
Industry: Aerospace | Defense
Sector: Counter-Drone Systems
Tech: AI, Autonomous Drone Interception
🔸 DARO Raises $1.1M to Transform Livestock Disease Detection
Lincoln-based biotech startup DARO secured a $1.1M seed round to scale its molecular livestock disease detection platform. The investment, led by Invest Nebraska and backed by MOVE Venture Capital and Nebraska Angels, will support pilot programs with pork producers and further development of DARO’s genomics-based disease forecasting tech.
Deal: Seed Round
Region: USA
Industry: AgTech | Biotech
Sector: Livestock Health
Tech: Molecular Diagnostics, AI-Driven Forecasting
🔸 Achira Secures €31.54M with NVIDIA’s Backing for AI-Driven Drug Discovery
Greek co-founded Achira closed a €31.54M seed round, led by Dimension, Amplify Partners, Compound, and NVentures (NVIDIA’s VC arm). Achira develops AI-powered molecular simulations that integrate physics-based methods to enhance drug discovery. The funding will expand its computational biology team and refine its AI-driven simulation models.
Deal: Seed Round
Region: USA | Europe
Industry: Biotech | AI
Sector: Drug Discovery
Tech: AI-Driven Simulations, Neural Network Potentials
🔸 ReSource Raises $15M to Scale Bioplastic Production
Stanford spinout ReSource Chemical Corp. raised $15M to establish a Bay Area pilot plant for producing bioplastics. Khosla Ventures and Fathom Fund co-led the round, with backing from Chevron Technology Ventures, Mitsubishi Gas Chemical, and angel investors. ReSource converts biomass waste and CO₂ into FDCA, the key component for PEF bioplastics, providing a viable alternative to fossil-based plastics.
Deal: Seed Round
Region: USA
Industry: Circular Economy
Sector: Bioplastics | Advanced Materials
Tech: FDCA & PEF Production, CO₂ Utilization
🔸 Esper Satellites Closes $3.1M to Revolutionize Mineral Exploration from Space
Australia-based Esper Satellites secured a $3.1M seed round, led by Hejaz Financial Services and Paspalis Capital. The startup is developing hyperspectral imaging satellites to detect mineral deposits with unprecedented precision. With its first satellite launch scheduled for June, Esper aims to disrupt resource exploration by replacing labor-intensive surveys with AI-driven satellite data.
Deal: Seed Round
Region: Australia
Industry: SpaceTech | MiningTech
Sector: Remote Sensing
Tech: Hyperspectral Imaging, AI-Enhanced Exploration
🔸 Vema Hydrogen Raises $13M to Unlock Scalable Low-Carbon Hydrogen
Vema Hydrogen closed a $13M oversubscribed seed round to develop its Stimulated Geologic Hydrogen (SGH) technology. Investors include Extantia Capital, Propeller Ventures, Zero Carbon Capital, and the Grantham Foundation. Vema’s approach injects brine solutions into iron-rich rock formations to generate low-carbon hydrogen, offering a scalable and cost-competitive alternative to electrolysis and steam methane reforming. The funding will support North America’s first full-scale SGH pilot wells.
Deal: Seed Round
Region: USA
Industry: Energy
Sector: Hydrogen Production
Tech: Stimulated Geologic Hydrogen, Decarbonization
🔸 Glimpse Raises $10M Series A to Expand Battery Quality Control Tech
Somerville-based Glimpse secured a $10M Series A to scale its X-ray CT scanning technology for battery quality management. The round was led by TDK Ventures, with continued support from Ibex Mobility and Flybridge Capital. Glimpse’s platform transforms computed tomography (CT) scanners into scalable, cost-efficient quality management solutions for battery manufacturers. The funding will drive expansion into new markets beyond battery cell production.
Deal: Series A
Region: USA
Industry: Battery | Energy
Sector: Energy Storage,
Tech: X-ray CT Scanning, AI
🔸 GoodSAM Foods Raises $9M Series A to Scale Regenerative Agriculture
Greenwich-based GoodSAM Foods secured $9M in Series A funding to expand its regenerative agriculture-based food brand. The round was led by Alive Ventures and Desert Bloom, with participation from LATAM Impact Fund, Promotora Social Mexico, and Connecticut Innovations. The company partners directly with smallholder farmers across nine countries, eliminating middlemen to ensure fair wages and sustainability.
Deal: Series A
Region: U.S.
Industry: Food & Agriculture
Sector: Regenerative Farming, CPG
Tech: Sustainable Supply Chains, Direct Trade
🔸 Renaissance Fusion Raises €32M Series A for Nuclear Fusion Innovation
Grenoble-based Renaissance Fusion secured €32M in the first close of its Series A round to accelerate the development of its High Temperature Superconductor (HTS)-based fusion reactor. The round was led by Crédit Mutuel Alliance Fédérale’s societal dividend and Crédit Mutuel Impact, alongside Lowercarbon Capital. The funding will help commercialize HTS technology and advance fusion power viability.
Deal: Series A
Region: France, Europe
Industry: Energy
Sector: Nuclear Energy, Advanced Materials
Tech: High Temperature Superconductors (HTS), Stellarator Fusion Reactors
🔸 QuantWare Raises €20M Series A to Scale Quantum Processors
Delft-based QuantWare secured a €20M Series A round to advance its VIO technology, enabling larger quantum processors. The round was co-led by Invest-NL Deep Tech Fund and Innovation Quarter, with participation from EIC Fund, FORWARD.one, and others. The funding will support chip fabrication expansion and the rollout of its Contralto-A QPU, designed for quantum error correction.
Deal: Series A
Region: Netherlands, Europe
Industry: Semiconductors
Sector: Quantum Computing, Advanced Electronics
Tech: QPUs
🔸 Spiritus Raises $30M Series A for Direct Air Capture Expansion
Los Alamos-based Spiritus raised $30M in Series A funding to scale its Direct Air Capture (DAC) and Sequestration (DAC+S) technology. The round was led by Aramco Ventures, with participation from Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures. The funding will accelerate the development of Spiritus’ pilot DAC facility in New Mexico and the launch of Orchard One, a Wyoming-based site capable of capturing 2 megatons of CO₂ annually.
Deal: Series A
Region: U.S.
Industry: Energy
Sector: Carbon Capture
Tech: Direct Air Capture
🔸 Ataraxis AI Secures $20.4M to Transform Precision Medicine in Cancer Care
New York-based Ataraxis AI raised a $20.4M Series A to advance its AI-powered precision medicine platform for oncology. The round was led by AIX Ventures, with participation from Thiel Bio, Founders Fund, Bertelsmann Investments, and others. Ataraxis AI’s first product, Ataraxis Breast, has been clinically validated as 30% more accurate than standard diagnostic tools. The funding will support commercialization in the U.S. and expansion into additional cancer types.
Deal: Series A
Region: USA
Industry: HealthTech | Biotech
Sector: Precision Medicine
Tech: AI, Oncology
🔸 Tandem PV Raises $50M to Scale U.S. Perovskite Solar Manufacturing
San Jose-based Tandem PV closed a $50M Series A round to accelerate commercialization of its high-efficiency perovskite solar panels. The round was led by Eclipse, with backing from Constellation Energy, Planetary Technologies, and Trellis Climate. Tandem PV’s panels achieve 28% efficiency and are expected to surpass 30% by late 2025, positioning the company as a leader in next-gen solar tech.
Deal: Series A
Region: USA
Industry: CleanTech | Energy
Sector: Solar Manufacturing
Tech: Perovskite Solar, Renewable Energy
🔸 Garuda Therapeutics Secures $50M to Advance Off-the-Shelf Blood Stem Cell Therapies
Cambridge-based Garuda Therapeutics raised a $50M Series A-1 round to develop off-the-shelf hematopoietic stem cell (HSC) therapies. The round was backed by OrbiMed, Northpond Ventures, and Cormorant Asset Management, with new strategic investment from Kyowa Kirin. Garuda’s technology eliminates the need for donor cells, aiming to provide immediate, HLA-matched stem cell solutions for a range of blood disorders.
Deal: Series A
Region: USA
Industry: Biotech
Sector: Regenerative Medicine
Tech: Cell Therapy, HSC Transplantation
🔸 Nervonik Raises $13M for Next-Gen Nerve Stimulation Tech
Los Angeles-based Nervonik secured $13M in Series A funding to accelerate clinical trials and regulatory approval of its opioid-free peripheral nerve stimulation (PNS) system for chronic pain. The round was led by U.S. Venture Partners, with participation from Foothill Ventures and Correlation Ventures. Nervonik’s implantable device applies controlled electrical currents to peripheral nerves to provide pain relief without opioids.
Deal: Series A
Region: USA
Industry: MedTech
Sector: Pain Management
Tech: Neurostimulation, Medical Devices
🔸 LimX Dynamics Secures $69M to Push Humanoid Robotics Forward
China-based LimX Dynamics raised $69M (500M RMB) in Series A+ funding, backed by Alibaba and other strategic investors. The company specializes in general-purpose humanoid and quadruped robots. In December 2024, LimX showcased a full-size humanoid robot with a 360° rotating hip joint for enhanced mobility. The new funding will drive further R&D in bipedal and quadruped robotics.
Deal: Series A
Region: China
Industry: Robotics | AI
Sector: Humanoid Robots
Tech: AI-Powered Robotics, Bipedal Motion
🔸 Stargate Hydrogen Secures €11M Series A to Scale Green Hydrogen Tech
Tallinn-based Stargate Hydrogen raised an €11M Series A to expand its electrolyser manufacturing capacity and enhance its hydrogen stack technology. The round, backed by Giga, UG Investments, and SmartCap Green Fund, brings the company’s total committed capital to $50M. Stargate’s proprietary technology improves hydrogen production efficiency and minimizes equipment degradation, boosting ROI for green hydrogen developers.
Deal: Series A
Region: Estonia, Europe
Industry: Energy
Sector: Electrolyser Manufacturing
Tech: Green Hydrogen, Electrolysis
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🔸 ACT-ion Raises $7.5M to Advance Battery Cathode Technology
Battery materials startup ACT-ion Battery Technologies secured $7.5M in pre-Series A funding to accelerate its next-gen cathode active materials (CAM) production. The round was led by BASF Venture Capital, with participation from Hunt Energy Enterprises, LG Technology Ventures, and Arosa Capital. ACT-ion’s platform produces single-crystalline CAM to enhance battery performance and cycle life, targeting markets like EVs, drones, and power tools.
Deal: Series A
Region: USA
Industry: Battery
Sector: Energy Storage
Tech: Single-Crystal CAM, Lithium-Ion Batteries
🔸 Mote Raises $7M to Produce Carbon-Negative Hydrogen from Biomass
California-based Mote Hydrogen secured $7M in the first close of its $15M Series A to develop a commercial plant that converts wood waste into hydrogen while capturing and sequestering CO₂. The round was co-led by Nella Next and Preston-Werner Ventures, with participation from Counteract One. Mote’s process, spun out from Lawrence Livermore National Laboratory, integrates biomass gasification with carbon capture to create hydrogen for transport and industry while generating carbon removal credits.
Deal: Series A
Region: USA
Industry: Energy
Sector: Hydrogen
Tech: Biomass Gasification, Carbon Sequestration
🔸 Graid Technology Raises $30M Series B for GPU-Based RAID Innovation
Santa Clara-based Graid Technology secured $30M in Series B funding to expand its SupremeRAID™ GPU-based RAID solution for NVMe storage. The round was led by HH-CTBC Partnership, with participation from Yuanta Ventures, Delta Electronics Capital, and Harbinger Venture Capital. The funds will support global expansion, product innovation, and partnerships for AI, ML, and high-performance computing (HPC) workloads.
Deal: Series B
Region: U.S.
Industry: Semiconductors
Sector: Enterprise Storage, Data Centers
Tech: NVMe, GPU-Accelerated RAID
🔸 Epirus Secures $250M Series D to Scale High-Power Microwave Defense Systems
California-based Epirus closed a $250M Series D to scale production of its Leonidas™ high-power microwave (HPM) system, used for counter-drone and electronic warfare applications. The round was led by 8VC and Washington Harbour Partners, with participation from General Dynamics Land Systems, T. Rowe Price, and Manhattan Venture Partners. This funding accelerates manufacturing expansion and international growth, positioning Epirus as a key player in defense technology.
Deal: Series D
Region: USA
Industry: Defense
Sector: Directed Energy Weapons
Tech: High-Power Microwave (HPM), Counter-Drone Systems
🔸 Anthropic Raises $3.5B at $61.5B Valuation to Advance AI
San Francisco-based AI pioneer Anthropic secured a $3.5B Series E at a $61.5B post-money valuation. The round was led by Lightspeed Venture Partners, with backing from Bessemer, Cisco, D1 Capital, Fidelity, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures. The funding will accelerate AI system development, expand compute capacity, and support international growth, following the launch of Claude 3.7 Sonnet.
Deal: Series E
Region: USA
Industry: AI
Sector: AI Systems
Tech: Foundation Models, AI Compute
🔸 Steady Energy Secures €22M to Advance Heat-Only SMR Pilot
Espoo-based Steady Energy raised €22M ($24M) to fund its LDR-50 Small Modular Reactor (SMR) pilot, designed for zero-emission district heating. Led by 92 Ventures and Lifeline Ventures, the investment supports construction of the full-scale pilot plant, scheduled to begin in late 2025. The LDR-50 provides scalable nuclear heating for cities and industrial applications.
Deal: Undisclosed
Region: Finland, Europe
Industry: Energy
Sector: Nuclear Energy
Tech: Small Modular Reactors (SMR), Heat-Only Nuclear
🔸 Shield AI Raises $240M at $5.3B Valuation to Scale AI-Powered Autonomy
San Diego-based Shield AI secured a $240M strategic funding round, raising its valuation to $5.3B. The round included major participation from L3Harris, Hanwha Aerospace, and Andreessen Horowitz. The funding will expand the deployment of Hivemind Enterprise, an AI-powered autonomy platform for military and commercial unmanned systems, enabling operations in GPS- and comms-denied environments.
Deal: Undisclosed
Region: U.S.
Industry: Aerospace & Defense
Sector: Autonomous Systems, AI
Tech: AI Autonomy Software, Military Drones
🔸 Zeitview Secures $60M to Scale AI-Powered Infrastructure Inspections
Los Angeles-based Zeitview raised $60M in growth funding led by Climate Investment, with participation from Valor Equity Partners, Union Square Ventures, and Y Combinator. The company’s Visual AI platform provides scalable automated inspections for critical infrastructure, including solar, wind, utilities, and telecom assets. The funding will accelerate the rollout of Zeitview’s AI-driven predictive maintenance tools.
Deal: Undisclosed
Region: U.S.
Industry: Industrial Automation
Sector: Predictive Maintenance, Utility Asset Management
Tech: AI
🔸 Nitricity Raises $10M to Build First-of-a-Kind Organic Fertilizer Plant
California-based Nitricity secured $10M in project financing to scale its organic nitrogen fertilizer production. Investors include Elemental Impact and Trellis Climate. The company’s first-of-a-kind facility in Delhi, California, will use renewable energy and agricultural byproducts to produce a cost-competitive, organic fertilizer. The plant, set to launch in 2026, has already sold out its full production capacity through 2028.
Deal: Undisclosed
Region: USA
Industry: AgTech | ClimateTech
Sector: Sustainable Fertilizer
Tech: Renewable Energy, Circular Bioeconomy
🔸 Echandia Secures SEK 220 M to Expand Maritime Battery Production
Swedish maritime battery leader Echandia closed a SEK 220M financing round led by Alantra energy transition fund, Klima. The round included Industrifonden, SEB Greentech VC, and Japan’s EEI. The funding will support Echandia’s global expansion, including a new U.S. production facility to meet rising demand for electric propulsion systems in ferries and navy vessels, accelerating maritime decarbonization.
Deal: Undisclosed
Region: Sweden, Europe
Industry: Energy
Sector: Electric Propulsion for Ships & Ferries
Tech: Lithium-Titanate Battery Systems, Naval Electrification
Venture Capital
🔹 8VC Raises Nearly $1B for Sixth Venture Fund
Austin-based 8VC has raised nearly $1 billion for its sixth flagship fund, continuing its focus on deep tech, AI, and enterprise investments. The firm, founded by Joe Lonsdale, has been an active investor in defense, healthcare, logistics, and computational biology startups.
🔹 Sofinnova Closes €1.2B Fund for Biotech Investments
European life sciences VC Sofinnova Partners has raised €1.2B (~$1.3B) to back 50-60 biotech and healthcare startups. The firm, known for exits like CinCor Pharma (acquired by AstraZeneca) and Amolyt Pharma, continues to invest in drug development, medical devices, and digital therapeutics, despite a challenging funding climate for early-stage biotech.
🔹 Prime Venture Partners Raises $100M for Early-Stage Indian Startups
Prime Venture Partners has closed a $100M fund to invest $2M-$4M initial checks in Indian startups across fintech, SaaS, and deep tech. The firm, which has backed Niyo, KredX, and Quizizz, will deploy capital in 16-18 startups, with reserves for follow-on rounds.
🔹 Foundation Capital Closes $600M Fund to Back Crypto, AI, and Fintech
Silicon Valley VC Foundation Capital has raised $600M for its 11th fund, continuing its strategy of investing in early-stage crypto, fintech, and enterprise AI startups. The firm was an early backer of Solana and has invested in Binance US, OpenSea, and MoonPay.
🔹 Fusion Fund Raises $190M for AI, Healthcare, and Industrial Tech
Fusion Fund IV has closed at $190M, targeting AI-driven healthcare, enterprise automation, and industrial deep tech. Led by Lu Zhang, the firm has a strong track record in backing AI and deep tech startups, leveraging a robust ecosystem of corporate partners and technical experts.