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Los Angeles-based Slips has raised $3.5 million in a Series Seed round. The startup wants to grow its peer-to-peer betting platform and expand into real-world venues.
Higgsfield has raised $80 million in a Series A extension, bringing total Series A funding to $130 million. The AI video platform now runs at a $200 million annual rate and serves millions of users daily.
Transition Metal Solutions raised $6 million in an oversubscribed seed round to scale its bio-based copper recovery technology. The company plans industrial pilot testing in 2026 to meet rising copper demand.
Project Eleven has raised $20 million in a Series A round to help secure digital assets against future quantum threats. The company plans to launch its next product in early 2026.
Meld has raised $7 million in a strategic funding round to grow its global payments network. The company plans to scale sales, expand into new markets, and support more stablecoin use cases.
Soley Therapeutics has raised $200 million in a Series C round to move its lead oncology assets into the clinic. The funding will also be used to scale its cell stress sensing platform and expand its broader pipeline.
Parabilis Medicines has closed an oversubscribed $305 million Series F financing to advance its lead cancer drug candidate FOG-001 and expand its Helicon peptide platform. The round was co-led by RA Capital, Fidelity, and Janus Henderson at a higher valuation than the company’s previous financing.
LMArena, an AI evaluation platform, raised USD 150 million in Series A funding. The round was led by Felicis and UC Investments with top investors joining in.
AI coding assistant Cursor has raised $2.3 billion in a large Series D round, taking its valuation to $29.3 billion. The company plans to use the capital to build its in-house AI models and expand its product capabilities.