Author: Jesse Landry

Manufacturing procurement is one of those beautifully broken systems, complex, high-stakes, and somehow still running on half-read emails and 18-tab spreadsheets. For every ERP system promising visibility, there’s a spreadsheet hiding $40 million in supplier compliance leaks. Enter Magentic, and yeah, the name isn’t just clever, it’s literal. Because when you build AI agents that pull savings out of chaos like magnets pulling metal, the name writes itself. On July 22nd, Magentic AI Ltd. came out swinging with a $5.5M seed round led by Sequoia Capital, alongside The Westly Group, First Momentum Ventures, and a lineup of strategic angels from…

You ever spend six weeks and five figures just to prove you’re not breaking the law? That’s the kind of twisted compliance theater Karun Kaushik and Selin Kocalar found themselves starring in while building an AI medical scribe at MIT. What should’ve been a launch turned into a legal obstacle course. Lawyers. Contractors. HIPAA riddles written in bureaucratic haiku. And for what? A security checkbox that served more ego than effectiveness. So they built Delve, and this week, the compliance world just got its shot of espresso. Delve just raised $32 million in Series A funding, led by Insight Partners…

There’s healthcare, and then there’s AbsoluteCare. One’s a system, the other’s a counter-punch. And when the top 4–6% of high-acuity Medicaid and Medicare members keep getting passed around like a hot potato in a game no one wants to win, it takes more than empathy and EHRs to change the outcome. It takes infrastructure. Outcomes. Capital. Relentless leadership. On July 22, 2025, AbsoluteCare locked in $135 million in equity financing to double down on all of it. Let’s start with the founding story, because not all care models are born in boardrooms. Alan S. Cohn didn’t bootstrap some B2B SaaS…

Some companies talk about automation like it’s still on the roadmap. Asylon, Inc.? They strapped a drone to the dashboard, dropped a quadruped robot on patrol, and haven’t looked back since. Founded by three MIT minds who traded blueprints for battlefield deployments, Asylon is building the backbone of real-world robotic security, where “perimeter protection” means air and ground units working in sync, 24/7, zero coffee breaks, and 45,000+ battery swaps without a human lifting a finger. That’s not concept-stage tech. That’s “already-on-your-facility’s-rooftop” tech. So when Insight Partners stepped in to lead Asylon’s $24 million Series B, they weren’t buying hype.…

It’s not every day a startup walks into the $2B EUV light-source market and says, “Nice laser, but we can do better.” But that’s exactly what xLight just did, and they’ve got the brains, the beamlines, and now $40 million in Series B funding to back it up. Founded in 2021 by Nicholas Kelez, yes, the same Nicholas Kelez who helped architect SLAC’s Linac Coherent Light Source and played a key role at PsiQuantum, xLight isn’t just building lasers. They’re building the future of photonics for advanced semiconductor lithography, and doing it with the kind of quiet intensity that reminds…

When most startups pivot, they slap a fresh coat of paint on the same house and hope nobody notices the foundation’s cracked. Not ShelterZoom. They tore the thing down, built a skyscraper, and then tokenized every document on the way up. Started in 2017 as a blockchain-powered real estate platform, ShelterZoom looked at Web3 long before it had a name people could mispronounce. Fast forward to 2025, and the company just locked in nearly $6 million in fresh capital, bringing their total raise to a sharp $30 million. And if you think this is just about raising money, you’re missing…

Born in Arlington, Virginia, Rune Technologies isn’t some high-concept pitch deck playing cosplay with AI. It’s a battlefield-built, code-blooded defense tech company founded by two guys who’ve been there when logistics meant life or death. Co-founder & CEO David Tuttle, former U.S. Army Field Artillery officer and JSOC software lead, saw firsthand how sustainment gaps drag down missions. Co-founder & CTO Peter Goldsborough, fresh off the Anduril C2 Systems team and a U.S. Marine Corps cyber auxiliaries alum, knew the tech could do better. Rune Technologies came from their collective itch to turn spreadsheets and static inventory charts into live,…

There are wealth transfers, and then there’s The Great Wealth Transfer, $84.4 trillion worth of assets changing hands through 2045. Most folks are still treating it like a fax-era problem. Enter Alix: the AI-powered platform making sure estate settlement doesn’t feel like running a legal triathlon with a blindfold on. On July 21, 2025, Alix locked in a $20M Series A to scale what might just be the TurboTax of inheritance, but with a soul. And a lot more code. The company’s origin story reads like it was written in grief and grit. Alexandra Mysoor, Alix’s Co-founder and CEO, didn’t…

The industrial world doesn’t exactly scream “sexy.” It’s legacy tools, clunky interfaces, and workflows pieced together by tribal knowledge and spreadsheets from 2003. But when you find a team that not only understands that pain, but builds AI agents that can sit elbow-to-elbow with real industrial engineers, and outwork them without replacing them, you lean in. Nexxa.ai just locked in $4.4M in pre-seed funding to do exactly that. Led by Andreessen Horowitz via Speedrun Badge 5, aka the Ivy League for AI-native founders, this raise is more than capital. It’s a green light from the top floor that says: go…

Let’s talk facts. On July 21, 2025, Fortuna Health closed an $18M Series A led by Andreessen Horowitz, with backing from Y Combinator and power players from Oscar Health, Abridge, Hex, Vanta, DoorDash, Scale, One Medical, and more. This isn’t just capital, it’s a war chest to drag Medicaid tech into the 21st century and make it actually work for the 90+ million Americans who need it. At the heart of Fortuna Health is Nikita Singareddy, who doesn’t just know the Medicaid maze, she lived it. A former beneficiary turned CEO, Singareddy combined her experience from Oscar Health, Truepill, and…