Yesterday delivered a remarkable $2 billion+ in startup funding announcements across 13 deals.
Table of Contents

Quantum firm QFX lands €2.2M for hardware push
Quick Facts
QFX, a spin-out from University of Oxford, has raised €2.2 million in a seed funding round to accelerate development of modular quantum-hardware platforms.
The company’s hardware targets quantum computing, sensing and secure-communications markets via a modular architecture designed to plug into diverse quantum ecosystems.
The round was led by prominent investor Paul Graham and includes support for executive hires—Dr Timothy Ballance (CEO) and Sadie Mansell (COO) join the leadership team.
QFX’s first commercial product is a compact atomic-source module that can integrate into larger quantum systems, supporting the company’s modular philosophy and scaling strategy.
Founded in 2024, QFX is headquartered at Begbroke Science Park near Oxford and builds on the university’s research in trapped-ion and neutral-atom architectures.
Momentum Tracker
🔺 QFX’s seed financing reflects rising investor interest in quantum-hardware enablers and modular architectures that support next-gen quantum systems across Europe.
🔻 Scaling modular quantum-hardware in real-world applications still faces technological and supply-chain obstacles that may delay commercialisation.

CatalyX Space lands 5.4M for space logistics push
Quick Facts
Catalyx Space has raised $5.4 million to scale its full-stack space-logistics platform, enabling end-to-end deployment of payloads from launch to re-entry.
The startup delivers vertically-integrated services including satellite bus fabrication, payload integration, launch logistics, ground-station operations and sample return, aiming to create an “AWS for space” backbone.
Founded in 2024 and headquartered at Marina Blvd, San Francisco, Catalyx already claims orbital launch experience and has handled dozens of missions for research, manufacturing and defence clients.
The new capital will fund expansion of in-orbit autonomous labs, reusable re-entry capsules and mission-ops software that manage thermal, power and data interfaces across heterogeneous hardware.
As part of the funding-announcement data, Tracxn records show Catalyx has raised a total of $7.22 million over two rounds, including prior seed financing.
Momentum Tracker
🔺 Catalyx Space’s funding spotlight underscores accelerating investor interest in space-infrastructure startups that manage launch, hardware and logistics under one roof.
🔻 Execution risk remains high as the company must scale manufacturing, certify re-entry hardware and secure regulatory approvals across multiple jurisdictions.

AngioInsight secures $2.5M funding for expansion push
Quick Facts
AngioInsight, Inc. has raised US $25 million in a Series A funding round to advance its AI-powered cardiovascular diagnostic platform.
The company appointed Shlomi Nachman, a veteran from Johnson & Johnson who previously served as Worldwide Chairman of its Cardiovascular and Specialty Solutions division, to its board of directors.
AngioInsight’s flagship product, AngioAI+, is aimed at improving diagnosis of coronary artery disease (CAD) and coronary microvascular disease (CMD) by applying advanced AI-algorithms to cardiovascular imaging. AngioInsight, Inc
The startup is headquartered in Minnetonka, Minnesota and is led by CEO Scott Burger who brings 20 + years of AI, software and cardiovascular experience.
The funding will support pivotal clinical studies, regulatory strategy and commercial readiness of its AI diagnostic platform aimed at reducing diagnostic inefficiencies in cardiology care.
Momentum Tracker
🔺 AngioInsight’s Series A raise reinforces rising investor momentum behind AI-driven diagnostic solutions in cardiovascular medicine, focusing on unmet needs in CAD and CMD.
🔻 The company will need to navigate rigorous clinical validation, regulatory approval and physician adoption to move from pilot to scale in the competitive medtech space.

AI-backed Casium secures $5M for immigration platform
Quick Facts
Casium has raised US $5 million in a seed funding round to expand its AI-driven immigration and visa-compliance platform.
The round was led by Maverick Ventures, with participation from AI2 Incubator, GTMfund, and angel investor Jake Heller.
Casium’s platform uses AI agents to assess visa eligibility, automate document preparation and coordinate with licensed immigration attorneys, which reduces processing time and increases transparency.
The company was co-founded by Priyanka Kulkarni, a former Microsoft scientist, drawing on her personal experience navigating complex U.S. work-visa systems.
Casium serves employers across startups to later-stage companies, helping manage work-visa filings, compliance and global workforce mobility.
Momentum Tracker
🔺 Casium’s seed funding reflects growing demand for AI-enabled immigration tech that transforms hiring global talent into a scalable process.
🔻 The company must ensure regulatory compliance, robust data security and seamless integration of automated workflows into legal frameworks to scale effectively.

ShopMy accelerates commerce infrastructure expansion
Quick Facts
ShopMy has raised $70 million in new funding to expand its curated commerce infrastructure connecting brands, creators, and shoppers through performance-based engagement.
The funding round, valuing the company at $1.5 billion, supports scaling its technology stack and creator network across North America and Europe.
ShopMy positions its platform as an alternative to algorithm-driven retail, enabling human curation that increases conversion rates and brand loyalty.
The company works with thousands of verified creators who recommend premium and lifestyle products directly to their audiences through personalized storefronts.
Proceeds from the round will enhance brand integration tools, strengthen creator analytics, and build new pathways for affiliate-to-checkout automation.
ShopMy reported measurable ROI for partner brands in 2024, with average order value growing by over 40 percent through its curated commerce model.
Founded in 2020, ShopMy has grown into a preferred infrastructure layer for luxury and influencer-driven retail ecosystems.
Momentum Tracker
🔺 The funding marks a significant shift toward creator-led commerce, as investors back human curation over traditional algorithmic marketplaces.
🔻 The company faces scalability challenges in maintaining brand quality, creator integrity, and data transparency as operations expand globally.

Nvidia-backed nScale raises $1.1B for data center rollout
Quick Facts
Nscale has raised US $1.1 billion in a Series B round, the largest Series B funding ever recorded in Europe.
The round was led by Aker ASA and included investors such as NVIDIA Corporation, Dell Technologies, Nokia Corporation and Blue Owl.
Nscale is building a vertically integrated AI infrastructure platform that combines data centres, GPU hardware, compute, networking and software services for enterprise-grade AI workloads.
The company has announced major partnerships including a deal to deploy approximately 200 000 NVIDIA GB300 GPUs with Microsoft Corporation across Europe and the U.S., and a joint venture data-centre in Norway with Aker.
Nscale aims to roll out “AI factory” data-centre campuses in the UK, Norway and globally, powered largely by renewable energy and optimized for low latency, sovereign compute infrastructure.
Momentum Tracker
🔺 This funding round underscores the surge in demand for AI-native infrastructure as enterprises and governments race to build scalable GPU-enabled compute platforms.
🔻 Execution risk remains significant as Nscale must rapidly build out global data-centre campuses, secure large-scale GPU supply and deliver operations at hyperscale.

Immaterial raises $13.5M for decarbonization scale-up
Quick Facts
Immaterial Ltd has raised £13.5 million (≈ $18.2 million) in a Series A2 funding round to scale its industrial decarbonization technology.
The investment was led by SLB, alongside participants AP Ventures, Moeve and new investor Finindus, a joint venture of ArcelorMittal and the Flemish government.
Immaterial is developing monolithic metal-organic frameworks (m-MOFs), ultra-dense materials optimized for carbon capture, hydrogen storage and other hard-to-abate industrial decarbonization use-cases.
The funding will support commissioning of a multi-tonne manufacturing facility in Cambridge and pilot deployments across Europe and the U.S. targeting steel, chemicals and industrial energy applications.
Mohammed Khan, CEO of Immaterial, stated that the capital will accelerate the rollout of Generation 2 decarbonization systems with global industrial partners.
The company claims to be the only firm currently producing MOFs in monolithic form at industrial scale, potentially positioning it uniquely in the advanced-materials climate tech space.
Momentum Tracker
🔺 Immaterial’s funding underscores growing investor momentum behind advanced-materials solutions for heavy-industry decarbonization in hard-to-abate sectors.
🔻 The company must prove large-scale stability, manufacturing reproducibility and cost-competitiveness if it is to move from pilot stage to commercial deployment.

Stablecoin platform secures $6M for Africa payments push
Quick Facts
At age nineteen, Honeycoin founder David Nandwa had USD 5,000 frozen by PayPal, which motivated him to build a payment platform spanning 40 African markets.
Honeycoin now processes over USD 150 million in monthly transactions, signalling rapid traction across Africa’s cross-border remittance and payments ecosystem.
The company has raised nearly USD 6 million in funding to scale its stablecoin‐based payments infrastructure for African users and businesses.
Honeycoin is positioned as a fintech bridging traditional finance and blockchain rails, targeting the underserved payments corridors in Africa and addressing high remittance costs.
The funding will support expansion of Honeycoin’s liquidity and settlement infrastructure, enabling faster, cheaper transactions via on-chain stablecoins in jurisdictions across the continent.
Momentum Tracker
🔺 Honeycoin’s raise reflects mounting investor interest in African fintechs leveraging stablecoins to reduce cross-border payment friction.
🔻 Honeycoin must navigate regulatory regimes, FX volatility and integration with local banking systems.

Shuttle raises $6M for AI platform engineer build
Quick Facts
Shuttle has secured $6 million in seed funding to develop an AI-native cloud platform aimed at simplifying backend development and operations.
The funding round includes participation from Y Combinator, Global Founders Capital, Thomas Dohmke (former CEO of GitHub), Calvin French-Owen (Founder of Segment), and senior leaders from OpenAI, Deel, and Confluent.
Shuttle’s platform automates the provisioning, configuration, and management of backend environments, enabling developers to deploy applications with minimal setup.
Initially focused on the Rust developer community, Shuttle has facilitated over 130,000 deployments, gaining significant traction among developers.
The company plans to expand support beyond Rust, integrating with AI development tools like GitHub Copilot, Claude Code, and Cursor to streamline the deployment process.
Shuttle aims to eliminate the complexity of managing infrastructure by offering reusable backend patterns, cost analysis, access control, and architecture recommendations.
Momentum Tracker
🔺 Shuttle’s approach addresses the growing demand for simplified backend infrastructure in the era of rapid application development.
🔻 The company faces challenges in scaling its platform to support multiple programming languages and integrating with various AI development tools.

Neolix raises $600M+ for China autonomous driving push
Quick Facts
Neolix, China’s leading provider of Level 4 (L4) autonomous delivery vehicles, has secured over $600 million in a Series D funding round—the largest private investment in China’s autonomous driving sector to date.
The round was led by UAE-based StoneVenture, with participation from Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund, and a major Chinese internet platform. Existing investors, including Legend Capital and Gaorong Ventures, also increased their stakes.
Founded in 2018, Neolix has deployed over 10,000 RoboVans across 300 cities in China, achieving a record 2,000 deliveries in a single month.
The company has developed the Neolix-VA vision-action foundation model, an end-to-end AI system that enables vehicles to navigate complex urban environments using advanced spatial reasoning and real-time decision-making.
Neolix plans to use the new funding to advance its core algorithms, accelerate global expansion, and enhance service capabilities and user experience.
Momentum Tracker
🔺 Neolix’s rapid growth and technological advancements position it as a leader in China’s autonomous delivery sector.
🔻 The company faces challenges in scaling operations globally and maintaining technological leadership in a competitive market.

Sports startup Michezo secures $25M in funding boost
Quick Facts
Michezo Sports, a Bengaluru-based sports infrastructure startup, has secured $2.5 million in a pre-Series A funding round led by Centre Court Capital, with participation from Rainmatter, the investment arm of Zerodha.
Founded in 2019 by former professional tennis player Maharishi Sridhar, Michezo has completed over 350 projects for more than 175 clients across India.
The company’s portfolio includes athletic tracks, football and hockey pitches, badminton, squash, basketball, and volleyball courts, as well as padel and pickleball arenas installed in club facilities, educational institutions, and real-estate developments.
The fresh capital will enable Michezo to expand into new infrastructure verticals, such as swimming pools and public-sports facilities, and to strengthen its distribution platform for sports construction materials and equipment.
The startup is also exploring public-private partnerships to help state governments develop accessible community-level sports infrastructure.
Momentum Tracker
🔺 Michezo’s growth reflects India’s increasing focus on developing world-class sports infrastructure.
🔻 The company faces challenges in scaling operations to meet the diverse needs of its expanding client base.

Leju secures $200M, Unitree unveils H2 robot
Quick Facts
Leju Robotics has secured $200 million in funding to scale production of humanoid robots.
The financing round aims to build a humanoid production line, positioning Leju at the forefront of China’s advanced robotics sector.
Unitree Robotics has unveiled its new robot model, the H2 humanoid, targeting accelerated commercial deployment.
Both Leju and Unitree are reportedly eyeing initial public offerings (IPO) in the near term.
The funding will be directed toward mass‑production infrastructure, R&D, and market deployment, enabling Leju to scale hardware manufacturing.
This milestone signals a broader shift in global robotics, with humanoid robots moving from prototypes to industrial‑scale production.
China’s humanoid robotics market is attracting significant investor attention, with Leju’s raise serving as a benchmark round.
Momentum Tracker
🔺 Investment in humanoid robot production is surging, with Leju’s $200 million round accelerating China’s commercial‑grade humanoid ambitions.
🔻 Scaling production at this pace may reveal challenges in cost management, manufacturing efficiency, and market readiness.

AMPA secures $8.5M funding for expansion
Quick Facts
Ampa has secured $8.5 million in Pre-A funding to support the nationwide rollout of its brain stimulation system.
The funding round was led by Nexus NeuroTech Ventures, with participation from Satori Capital, Morningside Ventures, Continuum Health Ventures, and the Zabara Foundation, along with individual investors.
This investment brings Ampa’s total funding to $18 million.
Ampa’s flagship device, the Ampa One, is a portable, camera-guided transcranial magnetic stimulation (TMS) system designed to treat major depressive disorder (MDD).
The company emerged from stealth mode in June 2025 and received FDA clearance for the Ampa One system in February 2025.
The Ampa One system aims to make advanced brain stimulation more accessible and easier for clinicians to deliver.
Ampa is targeting the significant market of the 21 million individuals in the US affected by MDD, particularly the 2.8 million with treatment-resistant depression.
Momentum Tracker
🔺 Ampa’s FDA clearance and oversubscribed funding signal strong investor confidence in non-invasive mental health technologies.
🔻 The effectiveness and scalability of portable TMS systems in real-world clinical settings remain to be fully validated.