The Weekly Notable Startup Funding Report: 6/8/26 – AlleyWatch

Honeycomb – $40.0M

Chicago-based Honeycomb provides insurance products for landlords, condominium associations, and residential property owners. Founded by Adam Cherubini, Itai Ben-Zaken, and Nimrod Sadot in 2019, Honeycomb has now raised a total of $94.7M in total equity funding and is backed by Alpha Partners, Harris Barton, Ibex Investors, Meitar Liquornik Geva Leshem Tal, and Peakline.

Generalist AI – $400.0M

San Mateo-based Generalist AI develops AI and robotics systems that enable robots to perform physical tasks in real-world environments. Founded by Andrew Barry, Andy Zeng, and Pete Florence in 2024, Generalist AI has now raised a total of $540M in total equity funding and is backed by 8VC, Bezos Expeditions, Bin Lin, boldstart ventures, and Eric Yuan.

Terra AI – $20.0M

Palo Alto-based Terra AI develops AI software for mining, energy, and subsurface resource exploration and operations. Founded by Anthony Corso and John Mern in 2023, Terra AI has now raised a total of $23.4M in total equity funding and is backed by BHP Ventures and Khosla Ventures.

Supabase – $500.0M

San Francisco-based Supabase provides an open-source backend platform with managed PostgreSQL databases, authentication, storage, and developer tools. Founded by Anthony Wilson and Paul Copplestone in 2020, Supabase has now raised a total of $1B in total equity funding and is backed by Accel, Coatue, Craft Ventures, Felicis, and Georgian.

Veritas Aortic Solutions – $12.0M

Costa Mesa-based Veritas Aortic Solutions develops medical devices for the treatment of complex aortic diseases. Founded by Arshad Quadri and Brent Ratz in 2025, Veritas Aortic Solutions has now raised a total of $12M in total equity funding and is backed by Cedars-Sinai Intellectual Property Company, Chad Martinson, and Judd Nordquist.

The Ryl Company – $20.0M

Cedar Knolls-based The Ryl Company produces ready-to-drink iced teas made with real tea and natural sweeteners. Founded by Blodin Ukella in 2022, The Ryl Company has now raised a total of $49.2M in total equity funding and is backed by Purchase Capital.

Helion Energy – $465.0M

Everett-based Helion Energy develops fusion power technology designed to generate carbon-free electricity. Founded by Chris Pihl, David Kirtley, George Votroubek, and John Slough in 2013, Helion Energy has now raised a total of $1.5B in total equity funding and is backed by Alta Park Capital, Anti Fund, BoxGroup, Capricorn Investment Group, and Good Ventures.

Auger – $200.0M

Bellevue-based Auger provides AI-powered logistics software that helps businesses manage and optimize supply chain operations. Founded by Dave Clark in 2024, Auger has now raised a total of $300M in total equity funding and is backed by Insight Partners and Oak HC/FT.

Alitheon – $8.0M

Bellevue-based Alitheon provides optical AI software that identifies, authenticates, and tracks physical objects. Founded by David Ross and Scot Land in 2017, Alitheon has now raised a total of $38.7M in total equity funding and is backed by eBay Ventures and Emerald Technology Ventures.

Highland Electric Fleets – $75.0M

Beverly-based Highland Electric Fleets provides electric school bus solutions, fleet management, and charging infrastructure for school districts. Founded by Duncan McIntyre in 2018, Highland Electric Fleets has now raised a total of $225M in total equity funding and is backed by Galvanize Climate Solutions.

Layup Parts – $42.0M

Huntington Beach-based Layup Parts manufactures composite components and tooling for aerospace, defense, and industrial applications. Founded by Elisa Suarez, Hanno Kappen, and Zack Eakin in 2024, Layup Parts has now raised a total of $51M in total equity funding and is backed by Cerberus Ventures, Founders Fund, Haystack, Lux Capital, and Marlinspike Capital.

Novellia – $18.0M

New York-based Novellia develops healthcare software that helps individuals collect, organize, and manage their medical information. Founded by Elliot Katz and Shashi Shankar in 2023, Novellia has now raised a total of $18M in total equity funding and is backed by Acrew Capital, Bling Capital, Khosla Ventures, Spark Capital, and TMV.

Subtle Medical – $33.0M

Menlo Park-based Subtle Medical develops AI-powered medical imaging software that improves image quality and workflow efficiency. Founded by Enhao Gong and Greg Zaharchuk in 2017, Subtle Medical has now raised a total of $88.3M in total equity funding and is backed by BlueRun Ventures, EnvisionX Capital, Fusion Fund, Morgan Stanley Expansion Capital, and Samsung Ventures.

ZutaCore – $100.0M

Foster City-based ZutaCore develops direct-to-chip liquid cooling technology for data centers and AI computing infrastructure. Founded by Erez Freibach and Nahshon Eadelson in 2016, ZutaCore has now raised a total of $100M in total equity funding and is backed by Carrier Ventures, Mitsubishi Electric, and Samsung Ventures.

Ramp – $750.0M

New York-based Ramp provides corporate cards, expense management, bill payment, and financial operations software for businesses. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh in 2019, Ramp has now raised a total of $2.9B in total equity funding and is backed by 137 Ventures, 1789 Capital, 8VC, Alpha Wave Global, and Avenir.

Mach Industries – $300.0M

Huntington Beach-based Mach Industries develops defense systems, autonomous platforms, and military infrastructure technologies. Founded by Ethan Thornton in 2023, Mach Industries has now raised a total of $484.7M in total equity funding and is backed by Bedrock, Infinite Capital, Khosla Ventures, Ribbit Capital, and Sequoia Capital.

Binti – $6.0M

Oakland-based Binti provides software that helps child welfare agencies, nonprofits, and families streamline foster care and adoption processes. Founded by Felicia Curcuru and Gabe Kopley in 2013, Binti has now raised a total of $63M in total equity funding and is backed by SJF Ventures.

Suno – $400.0M

Cambridge-based Suno provides AI software that enables users to create original music and songs from text prompts. Founded by Georg Kucsko, Keenan Freyberg, Martin Camacho, and Mikey Shulman in 2022, Suno has now raised a total of $775M in total equity funding and is backed by Alkeon Capital, Bond, Forerunner, IVP, and Lightspeed Venture Partners.

AlphaSense – $350.0M

New York-based AlphaSense provides an AI-powered market intelligence platform that helps professionals research companies, industries, and markets. Founded by Jack Kokko and Raj Neervannan in 2008, AlphaSense has now raised a total of $1.7B in total equity funding and is backed by Accenture Ventures, CapitalG, D. E. Shaw & Co., Goldman Sachs Alternatives, and J.P. Morgan Asset Management.

Scotch – $20.0M

Denver-based Scotch provides point-of-sale and retail management software for liquor stores. Founded by Jake Bolling and Kevin Hodges in 2024, Scotch has now raised a total of $30M in total equity funding and is backed by First Round Capital, Lerer Hippeau, Toba Capital, and VMG Partners.

Town – $60.1M

San Francisco-based Town develops an AI personal assistant that manages email, scheduling, and administrative tasks. Founded by Jean-Denis Greze and Tony Vincent in 2024, Town has now raised a total of $78.1M in total equity funding and is backed by Alt Capital, Andreessen Horowitz, Conviction, First Round Capital, and Forerunner.

Forage – $40.0M

San Francisco-based Forage provides payment technology that enables merchants to accept SNAP EBT and EBT Cash payments online and in stores. Founded by Justin Intal, Ofek Lavian, and Victor Esteban Fimbres in 2020, Forage has now raised a total of $62M in total equity funding and is backed by FJ Labs, Intuit Ventures, Long Journey Ventures, Mouro Capital, and NextLadder Ventures.

Axiom Space – $175.0M

Houston-based Axiom Space develops commercial space infrastructure, human spaceflight services, and orbital platforms. Founded by Kam Ghaffarian and Michael Suffredini in 2016, Axiom Space has now raised a total of $1B in total equity funding and is backed by MUFG Bank.

Findigs – $32.0M

New York-based Findigs provides rental screening and verification software for property managers and renters. Founded by Keith Gilvar and Steve Carroll in 2018, Findigs has now raised a total of $59M in total equity funding and is backed by Frontier Venture Capital, Nyca Partners, RPM Ventures, and Western Technology Investment.

Plot – $10.0M

New York-based Plot provides AI-powered social listening software that helps brands and marketers analyze video-driven consumer trends. Founded by Megan Duong and Phuoc Phan in 2022, Plot has now raised a total of $13M in total equity funding and is backed by ACME Capital, Mischief, Seven Seven Six, and XYZ Venture Capital.

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Cyera – $300.0M

New York-based Cyera provides an AI-native data security platform that helps organizations discover, classify, govern, and protect sensitive data. Founded by Tamar Bar-Ilan, Yonatan Itai, and Yotam Segev in 2021, Cyera has now raised a total of $2B in total equity funding and is backed by Accel, Coatue, Cyberstarts, Evolution Equity Partners, and Georgian.

Impulse Space – $500.0M

Redondo Beach-based Impulse Space develops spacecraft and in-space transportation systems for satellite and payload mobility. Founded by Tom Mueller in 2021, Impulse Space has now raised a total of $1B in total equity funding and is backed by 137 Ventures, Banner VC, Founders Fund, Linse Capital, and Lux Capital.

Sekai – $20.0M

Sunnyvale-based Sekai provides an AI-powered platform for creating, sharing, and interacting with no-code interactive content and applications. Founded by Ziang Zhang in 2023, Sekai has now raised a total of $29M in total equity funding and is backed by 359 Capital, 645 Ventures, A*, A16Z GAMES Speedrun, and Connect Ventures.