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October 22, 2026

Raise Track Update — 2026-10-22

Raise Track Update

Raise Track Update

Date: 2026-10-22

Your daily briefing on the most significant startup and seed funding rounds — pre-seed, seed, Series A where relevant, and newly announced financings — plus SEC Form D filings.

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Section 1: Startup Pre-Seed, Seed & Series A Financing

Company:
Watchtower Labs

Amount:
$35M (Seed)

Description:
A San Francisco, CA-based provider of AI-native applications for military operations and decision-making raised $35M in seed funding. The round was led by Shield Capital and Conviction with participation from Founders Fund.

Investors:
Shield Capital, Conviction, Founders Fund

Company:
Mach9

Amount:
$34M (Series A)

Description:
A provider of AI-powered computer-aided design (CAD) software for civil engineering and surveying raised $34M in Series A funding. The round was co-led by First Round Capital and Bessemer Venture Partners with participation from Prudence and Quiet Capital.

Investors:
First Round Capital, Bessemer Venture Partners, Prudence, Quiet Capital

Company:
Enact Intelligence

Amount:
$30M (Pre-Seed)

Description:
A Zurich, Switzerland-based physical AI company raised $30M in pre-seed financing. Backers included redalpine, Notion Capital, and firstminute capital, as well as angel investors Arthur Mensch, Yann LeCun, and Andrew Lonsberry.

Investors:
redalpine, Notion Capital, firstminute capital, Arthur Mensch, Yann LeCun, Andrew Lonsberry

Company:
Longeye

Amount:
$20M (Series A)

Description:
A San Francisco, CA-based provider of an AI-powered investigative workspace for the justice system raised $20M in Series A funding. The round was led by N47 with participation from Andreessen Horowitz’s American Dynamism practice.

Investors:
N47, Andreessen Horowitz’s American Dynamism practice

Company:
Ultra Security

Amount:
$10M (Seed)

Description:
A Birmingham, MI-based provider of an agentic security platform for autonomous agents raised $10M in seed funding. Backers included Ludlow Ventures, Hidden Capital, Entrée Capital, Detroit Venture Partners, firedrop, and FDVC, along with angels from the broader security and SaaS communities.

Investors:
Ludlow Ventures, Hidden Capital, Entrée Capital, Detroit Venture Partners, firedrop, FDVC

Company:
RhymeQ

Amount:
$2.2M (Pre-Seed)

Description:
A Karlsruhe, Germany and Zürich, Switzerland-based provider of an abstraction layer platform improving quantum computing operations raised $2.2M in pre-seed funding. The round was led by Ground State Ventures with participation from Vanagon Ventures, Plug and Play, and Freiraum Ventures.

Investors:
Ground State Ventures, Vanagon Ventures, Plug and Play, Freiraum Ventures

Company:
Onto

Amount:
$1M (Pre-Seed)

Description:
A Bengaluru, India-based customer-first travel platform provider raised $1M in pre-seed funding. The round was led by Stargazer Fund, with participation from White Venture Capital.

Investors:
Stargazer Fund, White Venture Capital

Section 2: Investor and Person Deep-Dives

Name:
Ludlow Ventures

Bio:
Ludlow Ventures is an early-stage venture capital firm. It backed Ultra Security's $10M seed round.

https://www.ludlowventures.com/

Section 3: SEC EDGAR Form D Filings

Company:
Mavria

State:
TEXAS

Industry:
Other

Amount Raised:
$75,000,000

Related Persons:
Adam Blake — Executive Officer, Director — The Woodlands, Texas; Nick Poradek — Executive Officer — The Woodlands, Texas; Seth Cohen — Executive Officer — The Woodlands, Texas; Tyler Staebell — Executive Officer — The Woodlands, Texas; Alana Palmedo — Director — The Woodlands, Texas

Company:
CandorIQ

State:
CALIFORNIA

Industry:
Other Technology

Amount Raised:
$13,543,208

Related Persons:
Haris Ikram — Executive Officer, Director — San Francisco, California; Sutthipong Thavisomboon — Executive Officer, Director — San Francisco, California; Naeem Raza — Director — San Francisco, California; Adam Hansman — Director — San Francisco, California

Company:
Folio Photonics

State:
OHIO

Industry:
Other Technology

Amount Raised:
$9,078,957

Related Persons:
Steven Santamaria — Executive Officer, Director — Solon, Ohio; Paul Deninger — Director — Solon, Ohio; Adam Sharkawy — Director — Solon, Ohio; Raymond Leach — Director — Solon, Ohio; Felix Brueck — Director — Solon, Ohio; Kevin Gwinnup — Executive Officer — Solon, Ohio; Greg Kittilson — Executive Officer — Solon, Ohio

Company:
Model Medicines

State:
CALIFORNIA

Industry:
Other

Amount Raised:
$5,115,268

Related Persons:
Daniel Haders — Executive Officer — San Diego, California

Company:
BEKHealth

State:
NORTH CAROLINA

Industry:
Other Technology

Amount Raised:
$5,000,000

Related Persons:
David Levin — Executive Officer, Director — Chapel Hill, North Carolina; B. Bahram — Director — Chapel Hill, North Carolina; Jeanne Hecht — Director — Chapel Hill, North Carolina; Jordan Lipson — Director — Chapel Hill, North Carolina; Vickram Pradhan — Director — Chapel Hill, North Carolina; John Crumpler — Director — Chapel Hill, North Carolina; Hugh Roome — Director — Chapel Hill, North Carolina; Kelly Hollis — Director — Chapel Hill, North Carolina; Steve Skolsky — Director — Chapel Hill, North Carolina

Company:
Propel Aero

State:
CALIFORNIA

Industry:
Other Technology

Amount Raised:
$4,930,166

Related Persons:
Venkatasubramanian Viswanathan — Executive Officer, Director — Sunnyvale, California; Yet-Ming Chiang — Executive Officer, Director — Sunnyvale, California; Dipender Saluja — Director — Sunnyvale, California; Sunil Dhaliwal — Director — Boston, Massachusetts; Dylan Reid — Director — Boston, Massachusetts; Andrew Hedin — Director — Boston, Massachusetts

Company:
Arkaea Media Group

State:
NEW YORK

Industry:
Other Technology

Amount Raised:
$4,129,998

Related Persons:
Mohammed Islam — Executive Officer, Director — New York, New York; Achal Upadhyaya — Director — New York, New York

Company:
Loop Data

State:
CALIFORNIA

Industry:
Other

Amount Raised:
$3,100,000

Related Persons:
Thomas Lamar III — Executive Officer, Director — Mill Valley, California; Gary Motely — Director — Mill Valley, California

Company:
Quiver Holdings

State:
MASSACHUSETTS

Industry:
Biotechnology

Amount Raised:
$3,005,000

Related Persons:
Graham Dempsey — Executive Officer — Cambridge, Massachusetts; David Liederbach — Executive Officer — Cambridge, Massachusetts; David Margulies — Executive Officer, Director — Cambridge, Massachusetts; Paul Roma — Executive Officer, Director — Cambridge, Massachusetts; Jonathan Fleming — Director — Cambridge, Massachusetts; Janet Foutty — Director — Cambridge, Massachusetts; Paul Black — Director — Cambridge, Massachusetts

Company:
OmniBuds

State:
TENNESSEE

Industry:
Other Health Care

Amount Raised:
$2,999,991

Related Persons:
Benedict Carter — Executive Officer, Director — Nashville, Tennessee; Joseph Caradonna — Director — Nashville, Tennessee; Jeffrey Karras — Director — Nashville, Tennessee; James Hayward — Director — Nashville, Tennessee; Chris Jones — Director — Nashville, Tennessee; Fahim Kawsaar — Director — Nashville, Tennessee; James Stefansic — Executive Officer — Nashville, Tennessee

Company:
Kappa Pay

State:
MASSACHUSETTS

Industry:
Other Technology

Amount Raised:
$2,000,001

Related Persons:
Blaise Buma — Executive Officer, Director — Boston, Massachusetts; Andreas Fragner — Director — Boston, Massachusetts; Mick Sawka — Director — Boston, Massachusetts

Company:
Ritually

State:
NEW YORK

Industry:
Other Technology

Amount Raised:
$1,250,000

Related Persons:
Ari Winkleman — Executive Officer, Director — New York, New York; Chris Finnin — Director — New York, New York

Company:
StoryFlight Labs PBC

State:
PENNSYLVANIA

Industry:
Other Technology

Amount Raised:
$755,000

Related Persons:
Anne Mundell — Director — Pittsburgh, Pennsylvania; David Betts — Director — Pittsburgh, Pennsylvania; Paul Wellener — Director — Pittsburgh, Pennsylvania; Zoe Krislock — Executive Officer — Pittsburgh, Pennsylvania

Company:
Augment Health

State:
TENNESSEE

Industry:
Manufacturing

Amount Raised:
$320,000

Related Persons:
Jared Meyers — Executive Officer, Director — Nashville, Tennessee; Stephen Kalinsky — Director — Nashville, Tennessee

Company:
Naytra

State:
CONNECTICUT

Industry:
Other Technology

Amount Raised:
$125,000

Related Persons:
Varun Oberai — Executive Officer, Director — New Haven, Connecticut

Company:
Swa Technology

State:
WASHINGTON

Industry:
Other Technology

Amount Raised:
$25,000

Related Persons:
Michael Sirchuk — Executive Officer, Director — Vancouver, Washington; Michael Pickett — Executive Officer — Vancouver, Washington; Shabin Hashim — Executive Officer — Vancouver, Washington; Shauntele Sirchuk — Executive Officer — Vancouver, Washington


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