Axya, a Montreal-based AI procurement platform used by manufacturers such as MDA Space and GE Aerospace, has raised a C$17 million Series A led by McRock Capital, with Yamaha Motor Ventures participating, to deepen its AI and expand internationally.
Palo Alto-based Prime Minute has emerged from stealth with a $15 million pre-seed round led by Eclipse, with 8VC participating, to build an integrated system combining AI mission analysis with precision aerial suppression for early wildfire response.
San Francisco-based Ando, founded by Sara Du, has raised $20 million from Accel, Index Ventures and Emergence Capital to build team messaging in which AI agents have their own identities, inboxes and seats in the conversation.
Palo Alto-based PicoJool has raised a $27.5 million Series A led by Socratic Partners, with Hudson River Trading participating, to scale its VCSEL-based optical interconnects that move data between chips in AI clusters.
New York-based HIFI has raised a $37 million Series A led by Left Lane Capital to scale infrastructure that connects bank rails, stablecoins and tokenised assets, after processing more than $7 billion in annualised volume across 87 countries.
San Mateo-based BigHat Biosciences has raised a $75 million Series C co-led by DFJ Growth and Premji Invest, taking total funding to $223 million, as it advances BHB810, which it calls the first AI-designed biologic to reach clinical trials.
Helsinki-based Kasvu Therapeutics has raised a €30 million Series A led by Hadean Ventures to advance KTX-0141, a small molecule that targets the same brain receptor as psychedelics but without hallucinogenic effects, towards clinical trials in 2027.
New York-based Rightway has raised a $155 million Series E led by Francisco Partners to expand its transparent pharmacy benefit model, which now serves 45 Fortune 500 companies, as US employers struggle with soaring drug costs.
New York-based Precision Neuroscience has closed an oversubscribed $250 million Series D co-led by Pershing Square and the Ackman Oxman Institute, taking total funding to $430 million after more than 100 patient procedures across 18 medical institutions.
Dallas-based Island has raised a $400 million Series F led by Evolution Equity Partners at a $6.4 billion valuation, up from $4.8 billion six months ago, as enterprises look for ways to govern what employees and AI agents do inside the browser.