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Costanoa and First In led Smack Technologies’ $61M Series B (total >$90M) to build Alpha hardware that pairs with Omega command planning already moving into U.S. military production.
Seraphim Space Investment Trust invested $30M into Hubble Network (Series B-II) — satellite-powered Bluetooth that talks to off-the-shelf BLE chips. Prior $70M Series B (2025). Y Combinator is a historical backer with a /fund/ page here; Seraphim is not.
Etched closed $700M at $21B on August 18, 2026, led by Jane Street after the trading firm tested and installed a rack. That doubles July’s $10.3B Series C in a month. Revenue was not disclosed.
Through August 31: Adaptyv $40M Series A (Highland Europe; no valuation), Clerky agreed to join Stripe (no price), Standard Metrics $20M Series B (8VC; no valuation), plus HubX up to $75M at $1.2B pre, Owner $2.3B, a16z $1.1B Machine Age, OpenAI–Cursor wind-down, AusperBio $120M Series C, and YC’s apply page on Winter 2027. Town and General Intuition remain talks.
Aug 14–19, 2026: Etched $700M at $21B (Jane Street), Castelion $1B Series C at $13B, ALSO $150M, Unitree’s STAR Market IPO, Rillet $1B, SpaceX closed Cursor, Stripe–OpenRouter announced Aug 19 ($7.5B is press), plus Databricks $190B, Accel $3.5B, Higgsfield, Groq, Wispr, and Gravis.
Menlo led Wispr’s $280M Series B at $2B (Aug 17, 2026). 8VC, NEA, and Together Fund participated. Voice-as-OS vs meeting-notetaker crowded field.
