Latest Startups & Entrepreneurship News
Fervo Energy Raises $462M Series E for Geothermal Tech
Greentown Labs alum Fervo Energy secured a $462 million Series E funding round to advance deployment and commercialization of its next-generation geothermal technology. This massive raise highlights investor confidence in clean energy innovations.
Radiant Nuclear Secures $300M Series D for Nuclear Reactors
Radiant Nuclear raised over $300 million in a Series D round led by Draper Associates, Boost VC, Founders Fund, ARK Venture Fund, and Chevron Technology Ventures, bringing total funding to approximately $465 million. The funds will support mass-production of portable nuclear reactors.
Mythic Inc. Closes $125M Round for AI Chips
AI chip startup Mythic Inc. raised $125 million led by DCVC, with participation from NEA, Atreides Management, SoftBank, Honda, and Lockheed Martin, totaling over $220 million raised. The investment targets expansion of its low-power compute-in-memory technology.
Cyera Bags $400M Series E at $1.7B Valuation
Data security startup Cyera secured $400 million in a Series E round from Blackstone, Accel, Coatue, Cyberstarts, Georgian, Lightspeed, and Sequoia. This funding underscores surging demand for cybersecurity amid AI growth.
NeuroBionics Secures $10M Seed for Neuromodulation Device
NeuroBionics raised a $10 million seed round for its minimally invasive neuromodulation device and inked an offtake agreement with DexMat for carbon nanotube fiber technology. The startup is advancing medical tech innovations.
Addition Therapeutics Raises $100M for Biotech
Biotech firm Addition Therapeutics secured $100 million from SR One, Pivotal Life Sciences, Abingworth, Osage University Partners, the Gates Foundation, and BEVC. This funding supports advancements in therapeutic development.
Ambros Therapeutics Lands $125M Series A
Ambros Therapeutics raised $125 million in a Series A round backed by RA Capital Management, Patient Square Capital, Abiogen Pharma, Janus Henderson, and others. The investment fuels biotech pipeline expansion.
Chai Discovery Secures $130M Series B with OpenAI Backing
Chai Discovery raised $130 million in Series B funding from Oak HC/FT, General Catalyst, Thrive Capital, OpenAI, and more. The round highlights AI's role in biotech discovery platforms.
Nfinite Wins $4.6M Grant for Sustainable Packaging
Greentown alum Nfinite received a $4.6 million grant to scale its innovative 'paper that behaves like plastic' technology. This supports eco-friendly material advancements.
SparkCharge Launches First Off-Grid EV Charging Hub
Greentown alum SparkCharge, along with Zipcar and MassCEC, launched the first off-grid EV charging hub for shared mobility in Massachusetts, following $1M in grants. This milestone advances clean transportation.
Ebb Carbon Signs CO2 Removal Deal with Google
Greentown alum Ebb Carbon inked a pre-purchase agreement with Google to remove 3,500 tons of CO₂ using its electrochemical water technology. The deal boosts ocean-based carbon capture efforts.
Global Seed Funding Hits Record $36.17B in 2025
Startups worldwide raised $36.17 billion at the seed stage in 2025, surpassing 2024 levels with large rounds totaling $16.16 billion. Despite records, early-stage access remains concentrated.