Syndication and co-investment for institutional venture capital.

New York-based cloud infrastructure startup Modal has secured $355 million in Series C funding to accelerate development of its AI-native compute platform powering next-generation artificial intelligence applications. The round was led by Founders Fund and included participation from Redpoint Ventures, Benchmark, General Catalyst, Y Combinator, and existing investors. Founded by Erik Bernhardsson and Stas Bekman, Modal provides serverless cloud infrastructure optimized for AI workloads, GPU orchestration, model inference, large-scale training, and high-performance computing. The platform enables developers and enterprises to deploy AI applications without managing complex infrastructure layers. Modal has emerged as one of the fastest-growing AI infrastructure companies amid exploding demand for scalable GPU compute and inference systems driven by generative AI adoption. The company’s platform supports machine learning pipelines, multimodal AI applications, autonomous agents, data processing, and enterprise-scale AI deployment workflows. The startup stated that the fresh capital will support expansion of global compute infrastructure, engineering hiring, GPU cluster scaling, and new developer tooling for AI-native applications. Modal is increasingly positioning itself as a foundational operating layer for AI startups and enterprises building large-scale AI products. The funding highlights continued investor confidence in AI cloud infrastructure, GPU orchestration, serverless computing, and developer platforms enabling the next generation of generative and agentic AI systems.

Jordan-based healthtech startup Aumet has secured $12 million in Series A funding to accelerate expansion of its AI-powered pharmaceutical procurement and healthcare supply chain platform across the Middle East and North Africa (MENA). The round was led by Global Ventures, with participation from Saudi Aramco’s Wa’ed Ventures, Shorooq Partners, and several regional strategic investors. Founded by Ismail Amla and Khaldoon Al Otoom, Aumet operates a digital B2B marketplace connecting pharmaceutical manufacturers, distributors, hospitals, clinics, and pharmacies across the healthcare ecosystem. The platform uses AI-driven procurement intelligence, inventory management, pricing optimization, and demand forecasting to streamline healthcare supply chain operations. Aumet stated that the fresh capital will support geographic expansion across Saudi Arabia, the UAE, Egypt, and broader MENA markets while also strengthening AI capabilities, logistics infrastructure, and embedded fintech services within its procurement ecosystem. The company aims to modernize fragmented pharmaceutical supply chains through data-driven automation and digital infrastructure. The startup says it already serves thousands of pharmacies and healthcare providers across multiple regional markets and is increasingly positioning itself as a core operating layer for healthcare commerce and procurement digitization in emerging economies. The funding highlights rising investor interest in AI-enabled healthcare infrastructure, supply chain modernization, pharmaceutical commerce, and digital procurement platforms across the Middle East and Africa.

New York-based food startup BRAMI has secured $33 million in Series B funding to accelerate manufacturing expansion, strengthen its Italian supply chain, and scale national retail growth for its rapidly growing protein pasta brand. The round was led by VMG Partners, with participation from existing investors La Molisana, Pentland Ventures, Lerer Hippeau, and Gather Ventures. Founded by Aaron Gatti, BRAMI produces high-protein Italian pasta made from just two ingredients - durum wheat semolina and lupini bean flour. The company positions itself as a healthier, minimally processed alternative to conventional protein pasta products while maintaining authentic Italian taste and texture. The startup stated that the fresh capital will be used to expand production capabilities, strengthen sourcing partnerships in Italy, and accelerate retail expansion across the United States. BRAMI products are now available in more than 4,000 stores including Walmart, Target, Costco, Whole Foods, Safeway/Albertsons, and Sam’s Club. According to the company, BRAMI has become one of the fastest-growing pasta brands in America as consumers increasingly shift toward high-protein, clean-label, and Mediterranean-inspired food products. Investors are betting on rising demand for functional foods that combine nutritional value with familiar everyday meal formats. VMG Partners’ Wayne Wu said the company has the potential to become a “transformational brand” in the pasta category due to its focus on authentic ingredients, artisan manufacturing, and scalable consumer demand.

Australian construction robotics company August Robotics has secured $30 million in Series B funding to accelerate deployment of its autonomous robotics platform for large-scale infrastructure and AI data center construction projects. The round was led by Greek venture capital firm Big Pi Ventures, with participation from existing investors Blackbird, Skip Capital, Tanarra, Future Family Office, and new investor GS Futures. Founded by Alex Wyatt in 2017, August Robotics develops autonomous robotic systems capable of handling precision drilling, floor marking, fleet coordination, navigation, and real-time construction execution across complex industrial environments. The company’s robotics platform is increasingly being deployed across hyperscale AI data center projects in the United States and Europe. One of the company’s flagship systems is its autonomous downward-drilling robot developed in partnership with Stanley Black & Decker’s DEWALT brand. The robots are designed to automate labor-intensive construction workflows while improving speed, accuracy, and safety on prefabricated infrastructure sites. According to the company, the technology is already compressing AI data center construction timelines by several months. August Robotics stated that the fresh capital will support production scale-up, AI development, new robotics products, and global expansion initiatives. The company is also establishing an Athens hub focused on customer support, deployment operations, robotics maintenance, and field engineering across Europe and the Middle East. Big Pi Ventures partner Panos Metsis described the company as a “globally category-leading business” addressing major infrastructure bottlenecks through robotics and AI-powered physical automation. Investors are increasingly viewing construction robotics as a critical layer supporting the rapid expansion of global AI infrastructure and hyperscale data center ecosystems.

Seoul-based social media analytics startup Featuring has secured KRW 15.3 billion (approximately $11.1 million) in Series B funding to accelerate development of its AI-powered influencer marketing and social data analytics platform. The round included participation from existing investors STICK Ventures, Albatross Investment, and Magna Investment, alongside new investors Hana Ventures, Kiwoom Investment, Korea Development Bank, and IBK Industrial Bank of Korea. Founded in 2019 and led by CEO Martin Jihoon Jang, Featuring develops influencer marketing solutions and enterprise social analytics tools powered by its proprietary “Featuring AI” engine. The company currently serves approximately 16,000 enterprise customers across industries including fashion, beauty, and consumer brands. Featuring stated that the fresh capital will support advancement of its vertical AI agent technology focused on automating end-to-end influencer marketing operations, while also strengthening hiring and international expansion initiatives. The company is aggressively expanding Korea–Japan cross-border creator marketing campaigns and evaluating M&A opportunities in Japan to deepen regional market penetration. The startup reported record annual revenue performance last year and is increasingly positioning itself as a data infrastructure layer for AI-native creator marketing ecosystems across Asia. The funding reflects growing investor interest in AI-powered marketing automation, creator economy infrastructure, and enterprise social intelligence platforms as brands increasingly rely on data-driven influencer operations globally.

San Jose-based AI startup Hark has secured more than $700 million in Series A funding at a $6 billion post-money valuation as it accelerates development of advanced personalized AI systems and next-generation AI-native hardware. The oversubscribed round was led by Parkway Venture Capital, with participation from NVIDIA, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global. Founded by Brett Adcock, Hark is building multimodal AI systems designed to function as a “universal interface between humans and machines.” The company combines proprietary foundation models, personalized memory systems, speech, vision, and custom-built hardware to create deeply individualized AI experiences beyond traditional chatbot interfaces. Hark stated that the fresh capital will support AI model training, hardware development, infrastructure expansion, and hiring across research, engineering, and product teams. The company has already secured a dedicated NVIDIA B200 GPU data center to train its next generation of models and plans to launch its first multimodal AI systems later this summer. The startup is increasingly being viewed as one of the emerging challengers in the race to define the next generation of AI-native computing platforms integrating software, hardware, memory, and autonomous intelligence into unified consumer experiences. The funding highlights surging investor appetite for frontier AI infrastructure startups building personalized AI agents, multimodal systems, AI hardware, and next-generation human-computer interaction technologies.