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Standard Metrics Raises $20M Series B Led by 8VC; PayRewards Secures $28M Series E as It Enters U.S. Market
InfotechLead reports recent VC funding deals: Standard Metrics raised $20 million Series B led by 8VC to expand its AI platform that tracks over $400 billion in private-market assets, and Australia-born PayRewards raised $28 million Series E as it launches in the U.S., bringing its total capital to $70 million.
Wispr raises $280M Series B led by Menlo Ventures at $2B valuation to expand AI meeting transcription
Wispr, a San Francisco AI dictation startup, raised $280 million in a Series B led by Menlo Ventures at a $2 billion valuation to expand its meeting transcription and note‑taker product. The company will use the funds to grow its go‑to‑market teams in regions including India and the U.K. and develop new AI meeting transcription features.
Overland AI opens Burlingame office to tap Bay Area AI talent, plans to double local staff
Seattle-based autonomous ground vehicle maker Overland AI is opening a Burlingame, Calif. office to access Bay Area AI and robotics talent, creating a command center for remote vehicle operations and planning to double its Bay Area staff in six months as it advances off-road navigation software.
Coinbase Gets ADGM FSP to Launch Securities Tokenization Hub; Unitree IPO Allotment and Corma $60M Seed Round Announced
Coinbase received an FSRA Financial Services Permission in ADGM to build an international securities tokenization hub enabling tokenized stocks with wallet-based investor access; Unitree Technology announced 19,414 lottery winners for 500-share IPO allocations each; cybersecurity startup Corma closed a $60 million seed round and deployed its AI model to major companies.
Austin startups raise $6.5B in H1 2026; July deals include EnergyX's $225M from Eni and TerraFirma's $100M Series A
Austin startups raised $6.5 billion in H1 2026, and in July notable deals included EnergyX securing $225 million from Eni and TerraFirma closing a $100 million Series A.
Candid Health raises $120M Series D led by Sixth Street Growth to scale automated medical billing platform
Candid Health, a San Francisco healthcare technology company, raised $120 million in a Series D led by Sixth Street Growth to scale its automated medical billing and insurance reimbursement platform, after tripling its valuation since Series C in 2025.
Sila raises $300 million to expand Moses Lake silicon-anode plant, aiming to scale from ~2 GWh toward tens of GWh
Sila, a California startup that makes silicon-carbon battery anode materials, raised $300 million to expand its Moses Lake, Washington manufacturing plant and scale production beyond its current ~2 GWh capacity. The funding comes as demand grows for higher-performance batteries in AI-driven markets like drones, space hardware, robotics, EVs and wearable devices.
Overland AI Wins $19.7M Marine Corps Contract to Deliver Autonomous Ground Vehicles by 2027
Seattle-based Overland AI secured a $19.7 million U.S. Marine Corps contract to deliver over a dozen autonomous ground vehicles by early 2027, marking it as the first ground autonomy company to serve as a prime military contractor. The vehicles will support drone defense crews by handling resupply across rough terrain without GPS.
Sarah Guo's Early AI Bets Land Her on Forbes Midas Top Investors List
Sarah Guo's early investments in AI elevated her onto Forbes' Midas list of top investors, which collectively represent over $2.5 trillion in wealth.
Overland AI Raises $100M Led by 8VC to Expand ULTRA Autonomous Vehicles for U.S. Military
Seattle-based Overland AI raised $100 million led by 8VC to meet military demand for its ULTRA autonomous ground vehicles, expanding its technology for off-road, GPS-denied environments. The company, spun out of the University of Washington in 2022, partners with various U.S. military divisions and has raised over $140 million to date.
Seattle Startup Overland AI Partners with CAL FIRE to Test Autonomous 4-Wheelers for Wildfire Response
Seattle startup Overland AI is partnering with CAL FIRE to test its self-driving 4-wheelers for wildfire resupply and logistics, marking the technology's first use in civilian firefighting applications beyond its military background. Overland AI, founded in 2022, has existing contracts with U.S. defense agencies and recently raised $32 million to expand production capabilities.
Deel Acquires Seattle Visa Automation Startup Legalpad to Enhance Global Workforce Solutions
Seattle-based startup Legalpad, which automates visa applications for international employees, has been acquired by San Francisco payroll and compliance company Deel. Deel, valued at $12 billion after a $50 million funding round, aims to combine forces with Legalpad to better solve global workforce immigration challenges.
Karat raises $110M Series C at $1.1B valuation to scale remote technical interviewing
Karat, a Seattle startup that runs technical interviews through a vetted network of interviewers, raised $110 million in a Series C at a $1.1 billion valuation while more than doubling revenue and customers year-over-year.
PitchBook: Silicon Valley VC Deal Share to Drop Below 20% This Year as Investors Move to Miami, Austin and Other Hubs
PitchBook forecasts that Silicon Valley’s share of U.S. venture capital deal count will fall below 20% this year for the first time, as remote work, high local costs and investor relocations shift capital to secondary tech hubs. In 2020 the U.S. raised $156.2 billion in VC, with the Bay Area accounting for 22.7% of deals and 39.4% of deal value.