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Hubble Network raises $200M Series C at $1.6B valuation, opens satellite Bluetooth constellation to GA
Hubble Network raised $200 million in a Series C at a $1.6 billion valuation and opened its satellite Bluetooth constellation to general availability, bringing total funding to $300 million. The Seattle startup plans to expand from six to 60 satellites by 2030 and enables devices to send location and sensor data globally via Bluetooth LE without cellular modems, GPS, or dedicated satellite hardware.
Strivve Names Chartway Ventures Lead Investor in Expected Final CUSO-Backed Capital Raise; Velera and Reseda Join
Strivve announced Chartway Ventures as the lead investor in its expected final capital raise, joined by Velera and Reseda Group, through its CUSO subsidiary Strivve CUSO LLC. The funding will support expansion of Strivve's card-on-file placement across more issuers and online merchant and bill-pay destinations.
Buywander raises $21M Series A from Madrona Venture Group and Inspired Capital, total funding $28M
Buywander, an auction marketplace for returned and overstock retail inventory, raised $21 million in a Series A led by Madrona Venture Group and Inspired Capital, bringing total funding to $28 million. The Seattle-based startup—launched in 2023 by Jordan Allen and Brock Kowalchuk—will use the capital to expand nationally, invest in technology, and grow its leadership team.
Temporal Raises $550M Series E Led by Lightspeed at $12.55B Valuation as Demand for Reliable AI Infrastructure Surges
Temporal raised $550 million in a Series E at a $12.55 billion valuation led by Lightspeed on September 14, 2026, citing rapid 2026 growth including a >200% YoY revenue increase, 1.9 trillion+ actions processed in August, and over 4,300 paying customers such as OpenAI and Netflix.
Worldscape Raises $10M Seed Extension Led by Scout Ventures to Expand AI Research and Engineering
Worldscape, an AI-native Decision Advantage Platform, announced a $10 million Seed extension led by Scout Ventures with participation from Radius Capital to fund growth from ~10 to nearly 70 engineers and expand engineering and AI research teams. The financing will accelerate integrations with government, industry, and academia and support investments in autonomous AI agents, large-scale simulation, and a platform-native marketplace for mission-ready applications and datasets.
PitchBook and Madrona host live Founded & Funded podcast at Seattle Tech Week on July 23, 2026 to debate AI funding concentration
PitchBook will co-host a live recording of Madrona’s Founded & Funded podcast at Seattle Tech Week on July 23, 2026, featuring PitchBook EVP Nizar Tarhuni and Madrona Partner Sabrina Albert to discuss AI, funding concentration, and private-market trends.
Thira Secures $21M Seed Funding Led by Madrona to Develop AI-Driven Self-Running Enterprise Back-Office
Thira, founded by Apptio co-founders Sunny Gupta and Kurt Shintaffer, raised $21 million in a seed round led by Madrona to develop a secure, self-learning AI system aimed at automating enterprise back-office IT processes. The funding round also includes participation from FUSE and prominent advisors, with key industry veterans joining the founding team.
California Attracts $335 Billion in Venture Capital in 2026, Outpacing New York by Over Tenfold
California attracted over $335 billion in venture capital this year, ten times more than its closest competitor, New York, driven by its deep talent pool and tech infrastructure. Despite concerns about costs and regulations, the state remains the leading hub for AI investment and tech growth.
KredosAi Raises $7 Million Series A Led by BMW i Ventures to Boost AI-Driven Revenue Recovery
KredosAi, an AI-based collections platform leveraging behavioral intelligence, raised $7 million in an oversubscribed Series A funding round led by BMW i Ventures on July 2, 2026. The platform, which improves revenue recovery for large enterprises facing rising consumer delinquencies, delivers significant financial benefits and is backed by multiple investors.
