Sava Raises $36M Series B and Lands Ascensia Glucose-Sensor Deal
Sava Technologies raised a $36 million Series B led by Ascensia Diabetes Care and paired it with a European distribution agreement for its glucose microsensor.
venture-capital
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Union Square Ventures Raises $900M Across Two New Funds
USV raised a $500 million early-stage core fund and a $400 million opportunity fund while planning to keep its investment count roughly unchanged.
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Arena Raises $200M Series B at a $3.1B Valuation
Lightspeed and Khosla co-led Arena’s $200 million Series B as the AI evaluation platform claims more than $100 million in annualized revenue.
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Parallel Systems Raises $100M Series C for Autonomous Freight Rail
AVP led Parallel Systems’ $100 million Series C to scale its Panther battery-electric rail vehicle beyond an FRA-supervised Georgia pilot.
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Hone AI Raises $60M Seed at a $285M Valuation
Benchmark and Index Ventures led Hone’s $60 million seed round. The five-month-old enterprise-agent startup is valued at a reported $285 million.
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Wiremind Raises €35M After 12 Years of Bootstrapped Growth
Profitable French travel-software company Wiremind raised its first outside capital: €35 million from IronWave, Bpifrance Large Venture and Seaya Andromeda.