AlleyCorp closes $335M Fund II — why it matters in July 2026
Kevin Ryan’s AlleyCorp has raised a larger second institutional fund while keeping its early-stage, operator-led model centered in New York.
investment-strategies
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Fireworks AI’s $1.5B Series D at $17.5B: Specialized Intelligence Hits $1B ARR
Index Ventures co-led Fireworks AI’s $1.505B Series D at a $17.5B valuation in July 2026 as the PyTorch-founded inference platform crossed $1B ARR — with Bessemer, Menlo, and Insight among participants.
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Chai Discovery's $400M Series C at $3.8B: Index, Kleiner, Sequoia Bet on AI Molecules
Index Ventures led Chai Discovery's $400M Series C at $3.8B as Eli Lilly, Novartis, and Pfizer put AI-designed molecules into real discovery pipelines.
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New Enterprise Associates (NEA) Leads Databento $97M Series B
New Enterprise Associates led Databento’s oversubscribed $97M Series B for market data infrastructure, with $300M+ in total demand.
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SambaNova raises $1B Series F first close — why it matters in July 2026
SambaNova reached an $11B post-money valuation as strategic investors backed a full-stack alternative to GPU-only AI infrastructure.
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Prime Intellect’s $130M Series A: Radical Funds the Open Agent Training Stack
Radical Ventures led Prime Intellect’s $130M Series A at a $1B valuation — compute, RL, evals, and deployment so enterprises can train their own agents without renting a frontier lab.