Series C activity: Q1 2026
There were 90 Series Cs in the last quarter that raised a total of $11.9 billion. The average deal size was $132.0 million while the median was $72.5 million.
Data for Series C deals done worldwide (ex-China) where amount raised is greater than $15M and the company is not focused on therapeutics.
Series C Deals
DayOne raised $2 billion from Coatue on January 5, 2026. Data center capacity development across strategic Asian locations. DayOne is based in Singapore. Website: www.dayonedc.com
Swap raised $100 million from DST Global and ICONIQ on January 7, 2026. Software company specializing in e-commerce returns and exchanges. Swap is based in London, United Kingdom. Website: www.swap-commerce.com
Luxury Presence raised $22 million from Bessemer Venture Partners on January 8, 2026. Technology and marketing tools for real estate professionals. The CEO is Malte Kramer. Luxury Presence is based in Santa Monica, CA, United States. Website: www.luxurypresence.com
Pomelo Care raised $92 million at a $1.7 billion valuation from Stripes on January 8, 2026. Health technology company providing digital care coordination solutions. The CEO is Marta Bralic. Pomelo Care is based in New York, NY, United States. Website: www.pomelocare.com
Ukko raised $45 million from Israel Biotech Fund on January 8, 2026. Biotech firm creating safe immunotherapies for allergies and immune disorde. The CEO is Uri Lopatin, MD. Ukko is based in Palo Alto, CA, United States. Website: www.ukko.us
Rain raised $250 million at a $1.9 billion valuation from ICONIQ on January 9, 2026. Infrastructure for stablecoin wallets and payment solutions via API. The CEO is Farooq M.. Rain is based in New York, NY, United States. Website: www.rain.xyz
bit.bio raised $50 million from M&G Investments on January 9, 2026. Engineered human cell products for biomedical research and therapy. bit.bio is based in Cambridge, United Kingdom. Website: www.bit.bio
Deepgram raised $130 million at a $1.3 billion valuation from AVP on January 13, 2026. Voice AI platform offering speech-to-text and text-to-speech APIs. The CEO is Scott Stephenson. Deepgram is based in San Francisco, CA, United States. Website: www.deepgram.com
Pee Safe raised $32.1 million from OrbiMed Asia Partners on January 14, 2026. Personal hygiene products including toilet seat sanitizer and feminine care. The CEO is Vikas Bagaria. Pee Safe is based in Gurgaon, India. Website: www.peesafe.com
Quadric raised $30 million from ACCELERATE Fund on January 14, 2026. Processor IP cores for System-on-Chip developers across various markets. The CEO is Veerbhan Kheterpal. Quadric is based in Burlingame, CA, United States. Website: www.quadric.io
Skild AI raised $1.4 billion at a $14 billion valuation from SoftBank on January 14, 2026. AI systems enabling robots to understand and act in the physical world. The CEO is Deepak Pathak. Skild AI is based in Pittsburgh, PA, United States. Website: www.skild.ai
osapiens raised $100 million at a $1 billion valuation from Decarbonization Partners on January 14, 2026. Enterprise software for managing and automating operational workflows. The CEO is Alberto Zamora. osapiens is based in Mannheim, Germany. Website: www.osapiens.com
Manpuku Holdings raised $22.1 million from B Dash Ventures, Rakuten Capital and other investors on January 15, 2026. Food and beverage company specializing in sushi and Japanese cuisine. Manpuku Holdings is based in Tokyo, Japan. Website: www.manpuku-hd.jp
Midnite raised $35 million from The Raine Group on January 15, 2026. Sportsbook and casino platform for sports betting and gaming. The CEO is Nicholas P. Wright. Midnite is based in London, United Kingdom. Website: www.midnite.com
Mytra raised $120 million from Avenir Growth on January 15, 2026. Robotics company automating logistics with software-defined solutions. The CEO is Chris Walti. Mytra is based in South San Francisco, CA, United States. Website: www.mytra.ai
Noveon Magnetics raised $215 million from One Investment Management on January 19, 2026. Proprietary magnet recycling process for high-temperature applications. The CEO is Scott Dunn. Noveon Magnetics is based in San Marcos, TX, United States. Website: www.noveon.co
Pomelo raised $55 million from Kaszek and Insight Partners on January 20, 2026. Fintech infrastructure and financial services for card management. The CEO is Gaston Irigoyen. Pomelo is based in Buenos Aires, Argentina. Website: www.pomelo.la
Stoik raised $23.4 million from Impala and Opera Tech Ventures on January 20, 2026. Cyber insurance company integrating cybersecurity with risk management. The CEO is Jules Veyrat. Stoik is based in Paris, France. Website: www.stoik.com/en-us
Datarails raised $70 million from One Peak on January 21, 2026. Financial planning and analysis platform automating reporting and planning. Datarails is based in New York, NY, United States. Website: www.datarails.com
Duetti raised $50 million from The Raine Group, a $125 million private securitization, and a $25 million credit-facility increase on January 21, 2026. Music fintech offering financial solutions for independent musicians. The CEO is Lior Tibon. Duetti is based in New York, NY, United States. Website: www.duetti.co
Nasdaq Private Market raised $37.6 million from Cerity Partners on January 21, 2026. Secondary market trading venue and tech platform for private companies. The CEO is Tom Callahan. Nasdaq Private Market is based in San Francisco, CA, United States. Website: www.nasdaqprivatemarket.com
Zanskar raised $115 million from Spring Lane Capital on January 21, 2026. Predictive platform for discovering geothermal resources using data. The CEO is Carl Hoiland. Zanskar is based in Salt Lake City, UT, United States. Website: www.zanskar.us
Zebedee raised $40 million from Blockstream Capital Partners on January 22, 2026. Secure infrastructure for digital economies and experiences. The CEO is Simon Cowell. Zebedee is based in Hoboken, NJ, United States. Website: www.zebedee.io
Cyclic Materials raised $75 million from accounts advised by T. Rowe Price Associates on January 23, 2026. Recycling services for recovering rare earth elements and critical metals. Cyclic Materials is based in Kingston, Canada. Website: www.cyclicmaterials.earth
Space BD raised $15.1 million from Mitsubishi HC Capital on January 23, 2026. One-stop shop for industrialization of space technologies. The CEO is Masatoshi (Masa) Nagasaki. Space BD is based in Tokyo, Japan. Website: www.space-bd.com
Antheia raised $24 million from ATHOS KG and America’s Frontier Fund on January 27, 2026. Biosynthetic production of pharmaceutical ingredients using synthetic biolo. The CEO is Christina Smolke. Antheia is based in Menlo Park, CA, United States. Website: www.antheia.bio
Fiddler AI raised $30 million from RPS Ventures on January 27, 2026. Enterprise Model Performance Management for AI and MLOps. The CEO is Krishna Gade. Fiddler AI is based in Palo Alto, CA, United States. Website: www.fiddler.ai
Mesh raised $75 million at a $1 billion valuation from Dragonfly Capital on January 27, 2026. Secure ecosystem for cryptocurrency transactions and financial connectivity. The CEO is Bam Azizi. Mesh is based in San Francisco, CA, United States. Website: www.meshconnect.com
Rogo raised $75 million from Sequoia Capital on January 28, 2026. Secure Generative AI platform for elite financial institutions. The CEO is Gabriel Stengel. Rogo is based in New York, NY, United States. Website: www.rogo.ai
Automata raised $45 million from Dimension on January 29, 2026. Robotic automation for life sciences to enhance innovation and diagnostics. Automata is based in London, United Kingdom. Website: www.automata.tech
Easy Home Finance raised $30 million from Investcorp on January 29, 2026. Mortgage-tech startup providing home financing solutions. The CEO is Praveen Agrawal. Easy Home Finance is based in Mumbai, India. Website: www.easyhomefinance.in
RobCo raised $100 million from Lightspeed Venture Partners and Lingotto Innovation on January 29, 2026. Innovative modular robotics platform for industrial productivity. The CEO is Roman Hölzl. RobCo is based in München, Germany. Website: www.robco.de/en
Waabi raised $750 million from Khosla Ventures and G2 Venture Partners on January 29, 2026. Autonomous driving technology for logistics and transportation sectors. The CEO is Raquel Urtasun. Waabi is based in Toronto, Canada. Website: www.waabi.ai
CesiumAstro raised $270 million from Trousdale Ventures on February 2, 2026. Communication systems for satellites and airborne platforms. The CEO is Shey Sabripour. CesiumAstro is based in Austin, TX, United States. Website: www.cesiumastro.com
Fieldguide raised $75 million at a $700 million valuation from Growth Equity at Goldman Sachs Alternatives on February 2, 2026. Automation and collaboration software for Assurance and Advisory firms. The CEO is Jin Chang. Fieldguide is based in San Francisco, CA, United States. Website: www.fieldguide.io
Span raised $163 million at a $600 million valuation on February 2, 2026. Products enabling rapid adoption of renewable energy for homes. The CEO is Arch Rao. Span is based in San Francisco, CA, United States. Website: www.span.io
Kindred raised $85 million from NEA and Figma CEO Dylan Field and an $85M Series C led by Index Ventures, totaling $125M on February 3, 2026. Members-only house sharing network fostering trust among participants. Kindred is based in San Francisco, CA, United States. Website: www.livekindred.com
Skyryse raised $300 million at a $1.1 billion valuation from Autopilot Ventures on February 3, 2026. Operating system for safer and more accessible general aviation flight. The CEO is Mark Groden. Skyryse is based in El Segundo, CA, United States. Website: www.skyryse.com
Lunar Energy raised $130 million from Activate Capital and a $102 million Series D led by B Capital and Prelude Ventures on February 4, 2026. Designing clean energy products for all-electric homes and communities. The CEO is Kunal Girotra. Lunar Energy is based in Mountain View, CA, United States. Website: www.lunarenergy.com
Machina Labs raised $124 million from Woven Capital, Lockheed Martin Ventures, Balerion Space Ventures and Strategic Development Fund on February 4, 2026. AI-driven automation for metal forming and fabrication processes. The CEO is Edward Mehr. Machina Labs is based in Chatsworth, CA, United States. Website: www.machinalabs.ai
TRM Labs raised $70 million at a $1 billion valuation from Blockchain Capital on February 4, 2026. Blockchain intelligence for detecting crypto-related financial crime. The CEO is Esteban Castaño. TRM Labs is based in San Francisco, CA, United States. Website: www.trmlabs.com
Oxide Computer Company raised $200 million from Thomas Tull’s US Innovative Technology Fund on February 10, 2026. Maker of innovative server racks for on-premises compute infrastructure. The CEO is Steve Tuck. Oxide Computer Company is based in Emeryville, CA, United States. Website: www.oxide.computer
Solace raised $130 million at a $1 billion valuation from IVP on February 10, 2026. Digital health platform connecting patients with mental health advocates. The CEO is Jeremy Gurewitz. Solace is based in Redwood City, CA, United States. Website: www.solace.health
Supertails raised $30 million from Venturi Partners on February 10, 2026. Digital platform for pet care with products, services, and telehealth. Supertails is based in Bangalore, India. Website: www.supertails.com
GitGuardian raised $50 million from Insight Partners on February 11, 2026. Non-Human Identity security solutions for code and sensitive information. GitGuardian is based in Paris, France. Website: www.gitguardian.com
Loyal raised $100 million from age1 on February 11, 2026. Biotechnology company developing medicines to extend dog lifespan. The CEO is Celine Halioua. Loyal is based in San Francisco, CA, United States. Website: www.loyalfordogs.com
Nucleus Security raised $20 million at a $100 million valuation from Delta-v Capital on February 11, 2026. Vulnerability management and security operations enhancement tools. The CEO is Stephen Carter. Nucleus Security is based in Sarasota, FL, United States. Website: www.nucleussec.com
Lassie raised $75 million from Balderton Capital, Felix Capital, Inventure, Passion Capital, and Stena Sessan on February 12, 2026. Digital pet insurance services to reduce injury risk. The CEO is Hedda Båverud Olsson. Lassie is based in Stockholm, Sweden. Website: www.lassie.co
Codoxo raised $35 million from CVS Health Ventures on February 17, 2026. AI-powered software for healthcare claims analysis and cost containment. The CEO is Musheer Ahmed. Codoxo is based in Duluth, GA, United States. Website: www.codoxo.com
NOT A HOTEL raised $16.9 million on February 17, 2026. Membership service for switching between home and hotel stays. The CEO is Shinji Hamazuru. NOT A HOTEL is based in Tokyo, Japan. Website: www.notahotel.com
Render raised $100 million at a $1.5 billion valuation from Georgian on February 17, 2026. Cloud platform for developers to host applications and websites. The CEO is Anurag Goel. Render is based in San Francisco, CA, United States. Website: www.render.com
Ascent raised $45 million from an unnamed global asset manager on February 19, 2026. Private student loan products focused on underserved borrowers. Website: www.ascentfunding.com
Pepper raised $50 million from Lead Edge Capital on February 23, 2026. eCommerce platform for food distributors with AI-powered tools. The CEO is Bowie Cheung. Pepper is based in New York, NY, United States. Website: www.usepepper.com
Profound raised $96 million at a $1 billion valuation from Lightspeed Venture Partners on February 25, 2026. Analytics solutions for enhancing brand visibility in generative search. The CEO is James Cadwallader. Profound is based in New York, NY, United States. Website: www.tryprofound.com
Whop raised $200 million at a $1.6 billion valuation from Tether on February 25, 2026. Platform providing storefronts for digital product sellers. Whop is based in Brooklyn, NY, United States. Website: www.whop.com
Encord raised $60 million from Wellington Management on February 26, 2026. Unified data development platform for vision and multimodal AI. The CEO is Ulrik Stig Hansen. Encord is based in San Francisco, CA, United States. Website: www.encord.com
UpGuard raised $75 million from Springcoast Partners on February 26, 2026. Cybersecurity risk assessment and management platform. The CEO is Mike Baukes. UpGuard is based in Mountain View, CA, United States. Website: www.upguard.com
L.E.S.S. raised $22 million on February 27, 2026. Develops ultra-bright, ultra-thin lighting systems using laser wire technol. The CEO is Yann Tissot. L.E.S.S. is based in Renens, Switzerland. Website: www.less-sa.com
Lyka Pet Food raised $67 million from LGVP on March 3, 2026. Healthy dog food subscription providing fresh, customized meals. The CEO is Anna Podolsky. Lyka Pet Food is based in Sydney, Australia. Website: www.lyka.com.au
Taurex raised $40 million from major shareholder Oscar Hilt Tatum IV on March 3, 2026. Financial services platform for trading CFDs across multiple asset classes. The CEO is Nick Cooke. Taurex is based in Mayfair, United Kingdom. Website: www.tradetaurex.com
PLD Space raised $209.1 million from Mitsubishi Electric Corporation on March 4, 2026. Low-cost and reliable suborbital and orbital launch services. The CEO is Raúl Torres. PLD Space is based in Elche, Spain. Website: www.pldspace.com
Cognito Therapeutics raised $105 million from Morningside Ventures, IAG Capital Partners, and Starbloom Capital on March 5, 2026. Clinical-stage neurotechnology for treating neurodegenerative diseases. The CEO is Christian Howell. Cognito Therapeutics is based in Cambridge, MA, United States. Website: www.cognitotx.com
Sage raised $65 million from Goldman Sachs Alternatives on March 5, 2026. Next-generation operation management system for senior living communities. Sage is based in Capabilities Next-generation, AI, United States. Website: www.sagehealth.com
Science raised $230 million from Lightspeed Venture Partners, Khosla Ventures, Y Combinator, Quiet Capital and IQT on March 5, 2026. Technology developer for serious unmet medical needs. The CEO is Max Hodak. Science is based in Alameda, CA, United States. Website: www.science.xyz
Sierra Space raised $550 million at a $8 billion valuation from LuminArx Capital Management on March 5, 2026. Commercial space company innovating transportation and space destinations. The CEO is Daniel Jablonsky. Sierra Space is based in Louisville, CO, United States. Website: www.sierraspace.com
Amber Semiconductor, Inc. raised $30 million from new and existing investors on March 10, 2026. Developer of innovative solid-state power management technologies. The CEO is Thar Casey. Amber Semiconductor, Inc. is based in Dublin, CA, United States. Website: www.ambersi.com
Moxie raised $25 million from Viewpoint Ventures on March 10, 2026. Empowering entrepreneurs to launch and grow independent MedSpas. Moxie is based in New York, NY, United States. Website: www.joinmoxie.com
Oro Labs raised $100 million from Brighton Park Capital and Growth Equity at Goldman Sachs Alternatives on March 12, 2026. Procurement automation platform improving enterprise spending efficiency. The CEO is Sudhir Bhojwani. Oro Labs is based in Palo Alto, CA, United States. Website: www.orolabs.ai
Tropic Biosciences raised $105 million from Forbion and Corteva on March 15, 2026. Develops high-performing tropical crop varieties using gene editing. The CEO is Gilad Gershon. Tropic Biosciences is based in London, United Kingdom. Website: www.tropic.bio
Atlys raised $36 million from Susquehanna Asia Venture Capital on March 16, 2026. Dynamic software solutions provider enhancing business operations. The CEO is Mohak Nahta. Atlys is based in San Francisco, CA, United States. Website: www.atlys.com
WorkOS raised $100 million at a $2 billion valuation on March 16, 2026. APIs for making applications enterprise-ready with pre-built features. The CEO is Michael Grinich. WorkOS is based in San Francisco, CA, United States. Website: www.workos.com
Candex raised $40 million from HSBC and on March 17, 2026. Fintech consolidator simplifying supplier payments for large organizations. The CEO is Jeremy Lappin. Candex is based in New York, NY, United States. Website: www.candex.com
Turquoise Health raised $40 million from Oak HC/FT on March 17, 2026. Health tech company simplifying healthcare administration and costs. The CEO is Chris Severn. Turquoise Health is based in San Diego, CA, United States. Website: www.turquoise.health
Ultrahuman raised $43.3 million from existing backers on March 17, 2026. Longevity and health-monitoring platform with various health trackers. The CEO is Mohit Kumar. Ultrahuman is based in Bangalore, India. Website: www.ultrahuman.com
XBOW raised $120 million at a $1 billion valuation from DFJ Growth and Northzone on March 18, 2026. Autonomous operation and command execution for higher-level objectives. The CEO is Oege de Moor. XBOW is based in Seattle, WA, United States. Website: www.xbow.com
Advanced Navigation raised $110 million from Airtree Ventures on March 19, 2026. Navigation technologies and robotics with military-grade standards. The CEO is Xavier Orr. Advanced Navigation is based in Sydney, Australia. Website: www.advancednavigation.com
Arc Boats raised $50 million from Eclipse, a16z, Menlo Ventures, Lowercarbon Capital, Necessary Ventures, and Offline Ventures on March 19, 2026. Electric boat manufacturer offering a connected boating experience. The CEO is Mitchell Lee. Arc Boats is based in Los Angeles, CA, United States. Website: www.arcboats.com
Cape raised $100 million from Bain Capital Ventures and IVP on March 19, 2026. Privacy-enabling technology for secure electronic device communication. Cape is based in Arlington, VA, United States. Website: www.cape.co
GeoWealth raised $42.5 million from Goldman Sachs on March 19, 2026. Turnkey asset management platform for registered investment advisors. The CEO is Colin Falls. GeoWealth is based in Chicago, IL, United States. Website: www.geowealth.com
NoTraffic raised $90 million from PSG Equity on March 24, 2026. AI-powered mobility platform for traffic management and optimization. The CEO is Tal Kreisler. NoTraffic is based in Overland Park, KS, United States. Website: www.notraffic.tech
Adonis raised $40 million from Quadrille Capital on March 25, 2026. Revenue intelligence and automation platform for healthcare RCM. The CEO is Akash Magoon. Adonis is based in New York, NY, United States. Website: www.adonis.io
Azos raised $24 million from Kaszek and Kevin Efrusy on March 25, 2026. Personalized insurance services provider. The CEO is Rafael Cló. Azos is based in São Paulo, Brazil. Website: www.azos.com.br
Granola raised $125 million at a $1.5 billion valuation from Danny Rimer at Index Ventures on March 25, 2026. AI-powered notepad for managing meeting notes and insights. The CEO is Christopher Pedregal. Granola is based in London, United Kingdom. Website: www.granola.so
Rocketlane raised $60 million from Insight Partners on March 25, 2026. PSA and client onboarding platform for collaborative project execution. The CEO is Srikrishnan Ganesan. Rocketlane is based in Wilmington, DE, United States. Website: www.rocketlane.com
Cents raised $140 million from Sumeru Equity Partners on March 26, 2026. Comprehensive business management system for laundromats and dry cleaners. The CEO is Alexander Jekowsky. Cents is based in New York, NY, United States. Website: www.trycents.com
Steno raised $49 million from Savano Capital Partners on March 26, 2026. Court reporting and litigation support services with deferred payments. The CEO is Greg Hong. Steno is based in Los Angeles, CA, United States. Website: www.steno.com
Tevel raised $18 million from Sound Media Ventures on March 26, 2026. Flying autonomous robots for fruit-picking and harvesting optimization. The CEO is Yaniv Maor. Tevel is based in Tel Aviv, Israel. Website: www.tevel-tech.com
Xona Space Systems raised $170 million from Mohari Ventures Natural Capital on March 26, 2026. Space systems providing navigation for autonomous vehicles and drones. The CEO is Brian Manning. Xona Space Systems is based in Burlingame, CA, United States. Website: www.xonaspace.com
ScaleOps raised $130 million at a $800 million valuation from Insight Partners on March 30, 2026. Kubernetes resource optimization platform reducing cloud costs. The CEO is Yodar Shafrir. ScaleOps is based in New York, NY, United States. Website: www.scaleops.com
Stedi raised $50 million from Addition on March 30, 2026. API-first clearinghouse enabling healthcare transaction exchanges. The CEO is Zack Kanter. Stedi is based in New York, NY, United States. Website: www.stedi.com
Three Most Interesting Deals
Skild AI ($1.4B from SoftBank): Skild AI’s $1.4B raise at a $14B valuation is a defining investor signal for “physical AI” and general-purpose robotics, a category moving from pilots to platform-scale ambitions. The deal implies expectations of large, defensible moat creation through data, model performance, and integration into real-world robotic fleets. It also sets a new valuation benchmark for robotics-focused AI companies, influencing pricing and competitive dynamics across autonomy, logistics, and industrial automation. Strategically, it indicates capital markets’ willingness to fund long-horizon AI infrastructure plays beyond pure software.
Sierra Space ($550M from LuminArx Capital Management): Sierra Space’s $550M round at an $8B valuation highlights sustained appetite for scaled commercial space infrastructure despite cyclical sentiment in the sector. The company’s focus on space transportation and destinations positions it in high-barrier, government-adjacent markets where contracts and technical milestones can drive step-function value creation. This financing can be read as an investor bet on a maturing space supply chain and increased cadence of commercial missions. For a Series C report, it is a clear indicator of late-stage capital flowing into strategically important, capital-intensive frontier tech.
Rain ($250M from ICONIQ): Rain’s $250M raise at a $1.9B valuation underscores continued institutional investment in stablecoin payments infrastructure despite volatile crypto market cycles. The strategic importance is that the company sits at the API layer for wallets and payments, a critical choke point for enterprise adoption and potential network effects. This deal signals that investors view stablecoins less as speculative assets and more as rails for cross-border payments, treasury, and fintech product innovation. It also strengthens the competitive landscape around compliance, liquidity, and integration standards for on-chain payment systems.
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Disclosures
This material is intended for information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Unless otherwise stated, all views or opinions herein are solely those of the author(s), and thus any view, comments, or outlook expressed in this communication may differ substantially from any similar material issued by other persons or entities. The information contained in this communication is based on generally available information and although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured and such information may be incomplete or condensed. The information in this communication does not constitute tax, financial, or legal advice.