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October 27, 2026

Raise Track Update — 2026-10-26

Raise Track Update

Raise Track Update

Date: 2026-10-26

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:
Flapping Airplanes

Amount:
$1B (Series A)

Description:
A San Francisco, CA-based developer of compute-efficient AI training software and chip optimization infrastructure raised $1B in Series A funding at a $6B post-money valuation. The round was led by Index Ventures and Lux Capital, with participation from Sequoia Capital, Alphabet’s GV, Kleiner Perkins, and Nvidia.

Investors:
Index Ventures, Lux Capital, Sequoia Capital, Alphabet’s GV, Kleiner Perkins, Nvidia

Company:
Ailytics

Amount:
$7.4M (Series A)

Description:
A Singapore-based provider of a vision AI platform that turns existing industrial CCTV into a real-time safety and operations layer raised $7.4M in Series A financing. The round was led by Tin Men Capital with participation from SEEDS (part of SG Growth Capital), Safie, one of Japan’s largest construction companies, family offices, and existing investors.

Investors:
Tin Men Capital, SEEDS, Safie

Company:
PreScalar

Amount:
$7M (Seed)

Description:
A San Francisco, CA-based provider of software and testing infrastructure for manufacturing raised $7M in seed funding. The round was co-led by Dynamo Ventures and BMW i Ventures with participation from Blue Wire Capital, Uplift Ventures, and Antler.

Investors:
Dynamo Ventures, BMW i Ventures, Blue Wire Capital, Uplift Ventures, Antler

Company:
DropGenie

Amount:
$5M (Seed)

Description:
A Cambridge, MA-based functional biology company generating decision-ready discovery data from patient-derived cells raised $5M in seed+ funding from BDC Thrive Venture Fund, Skeleton Key, Merck Global Health Innovation Fund, CQDM, Real Ventures, and Anges Quebec. The company intends to use the funds to accelerate the commercialization of its first product, expand customer engagement models, and expand its global footprint.

Investors:
BDC Thrive Venture Fund, Skeleton Key, Merck Global Health Innovation Fund, CQDM, Real Ventures, Anges Quebec

Company:
Vitalls

Amount:
$1.5M (Seed)

Description:
An Abu Dhabi, UAE-based developer of an AI-powered digital health passport platform raised $1.5M in a seed funding round with an option for an additional $1M. EST Growmore, the venture investment arm of global conglomerate EST Group, made the investment.

Investors:
EST Growmore

Section 2: Investor and Person Deep-Dives

Name:
Index Ventures

Bio:
Index Ventures is a London- and San Francisco-based venture capital firm that backs technology founders from seed through growth stage. It co-led Flapping Airplanes' $1B Series A with Lux Capital.

https://indexventures.com

Name:
Lux Capital

Bio:
Lux Capital is a New York-based venture capital firm that invests in emerging science and technology companies. It co-led Flapping Airplanes' $1B Series A with Index Ventures.

https://www.luxcapital.com

Name:
Dynamo Ventures

Bio:
Dynamo Ventures is an operator-built venture firm investing from inception through seed in the founders upgrading the physical economy. It co-led PreScalar's $7M seed round with BMW i Ventures.

https://dynamo.vc/

Name:
Sequoia Capital

Bio:
Sequoia Capital is a venture capital firm that helps founders build companies from idea to IPO and beyond. It participated in Flapping Airplanes' $1B Series A.

https://sequoiacap.com

Section 3: SEC EDGAR Form D Filings

Company:
Slingshot Insurance

State:
MINNESOTA

Industry:
Other Technology

Amount Raised:
$26,999,969

Related Persons:
Ethan Genteman — Executive Officer, Director, Promoter — Minneapolis, Minnesota; Nicholas Malz — Executive Officer, Promoter — Minneapolis, Minnesota; Brock Noland — Director — Minneapolis, Minnesota; Justin Kaufenberg — Director — Minneapolis, Minnesota; Jeffrey Hinck — Director — Minneapolis, Minnesota

Company:
XRHealth

State:
MASSACHUSETTS

Industry:
Other Health Care

Amount Raised:
$16,253,029

Related Persons:
Eran Orr — Executive Officer, Director — Brookline, Massachusetts

Note:
This issuer also filed another Form D filing in this period ($3,877,693 sold of $3,877,693 offered). Amounts are not combined.

Company:
Workshop Software

State:
NEBRASKA

Industry:
Other Technology

Amount Raised:
$6,974,991

Related Persons:
Richard Knudtson — Executive Officer, Director — Omaha, Nebraska; Ben Stevinson — Executive Officer, Director — Omaha, Montana; BJ Hansen — Executive Officer, Director — Omaha, Nebraska; Derek Homann — Executive Officer, Director — Omaha, Nebraska; Dusty Davidson — Director — Omaha, Nebraska

Company:
Navispend

State:
CONNECTICUT

Industry:
Other Technology

Amount Raised:
$5,312,226

Related Persons:
Christopher Gormley — Executive Officer, Director — Wexford, Pennsylvania; William Moschella — Executive Officer, Director — Avon, Connecticut; David Tamburri — Director — New York, New York; Tal Zaks — Director — New York, New York

Company:
Brij Medical

State:
GEORGIA

Industry:
Other Health Care

Amount Raised:
$5,000,000

Related Persons:
Timothy Gleeson — Executive Officer, Director — Marietta, Georgia; John Grottling — Director — Marietta, Georgia; Felmont Eaves, III, M.D. — Executive Officer, Director — Marietta, Georgia; Robert Kukuljan — Executive Officer — Minneapolis, Minnesota; James Hinrichs — Director — Marietta, Georgia; Robert Zollars — Director — Marietta, Georgia

Company:
RAZ Enterprises

State:
CALIFORNIA

Industry:
Retailing

Amount Raised:
$2,691,719

Related Persons:
Robert Zangardi — Executive Officer, Director — Los Angeles, California; Roshanna Sabaratnam — Executive Officer, Director — Los Angeles, California; Lilac Maddock — Director — Los Angeles, California

Company:
Belenus Power Group

State:
ARIZONA

Industry:
Other Energy

Amount Raised:
$2,689,998

Related Persons:
Jack Bennett — Executive Officer, Director — Phoenix, Arizona; Stephen Lynch — Executive Officer, Director — Phoenix, Arizona

Company:
Upright Education

State:
NEW YORK

Industry:
Business Services

Amount Raised:
$1,533,856

Related Persons:
Benjamin Boas — Executive Officer, Director — New York, New York; Lyndsey Browne — Executive Officer — New York, New York; Barr Kryger-Even — Director — New York, New York; Louis Pugliese — Director — New York, New York

Company:
Rich Rising Group

State:
CALIFORNIA

Industry:
Other Technology

Amount Raised:
$1,000,000

Related Persons:
Marie Lemelle — Executive Officer — Beverly Hills, California

Company:
Velera Energy

State:
CALIFORNIA

Industry:
Other Energy

Amount Raised:
$551,000

Related Persons:
Brandy Bouchy — Director, Promoter — Temecula, California; Brett Boucy — Director, Promoter — Temecula, California; Robert Angell — Promoter — Temecula, California; Zachary Bloom — Promoter — Temecula, California

Company:
Medical 21

State:
MINNESOTA

Industry:
Biotechnology

Amount Raised:
$550,000

Related Persons:
Manny Villafana — Executive Officer, Director — Plymouth, Minnesota; Eric Solien — Executive Officer — Plymouth, Minnesota; Jeff Vreeman — Executive Officer — Plymouth, Minnesota; Andrea Sweeney — Executive Officer — Plymouth, Minnesota

Company:
Caplens

State:
UNITED KINGDOM

Industry:
Other Technology

Amount Raised:
$235,000

Related Persons:
Nikolaos Markakis — Executive Officer, Director — London, United Kingdom; Yuren Zhang — Executive Officer, Director — London, United Kingdom

Company:
Elucida Labs

State:
CALIFORNIA

Industry:
Other Technology

Amount Raised:
$225,000

Related Persons:
Suresh Ayyalsamy — Executive Officer, Director — San Jose, California; Venkata Seshu Syam Surla — Executive Officer, Director — Fremont, California

Company:
ZeroCarb

State:
INDIANA

Industry:
Other

Amount Raised:
$190,000

Related Persons:
Omar Atia — Executive Officer, Director, Promoter — Fishers, Indiana; Shaun Hawkins — Director — Fishers, Indiana; Bob Kirch — Director — Fishers, Indiana; Haytham Mohamed — Director — Fishers, Indiana; Wesam Saber — Director — Fishers, Indiana

Company:
RCE Technologies

State:
CALIFORNIA

Industry:
Other Health Care

Amount Raised:
$110,000

Related Persons:
Atandra Burman — Executive Officer, Director — Carlsbad, California; Lou Malice — Director — Carlsbad, California; Samir Batra — Director — Carlsbad, California

Company:
UpLearn Now

State:
WASHINGTON

Industry:
Other Technology

Amount Raised:
$90,452

Related Persons:
Cynthia Williams — Executive Officer, Director — Bellevue, Washington; Katherine Hubbard — Executive Officer, Director — Bellevue, Washington; Nadene Stauffer — Executive Officer — Bellevue, Washington

Company:
Intent Computing

State:
ILLINOIS

Industry:
Other Technology

Amount Raised:
$62,500

Related Persons:
Grigore Rosu — Executive Officer, Director, Promoter — Chicago, Illinois; Zhixuan Huang — Executive Officer, Director, Promoter — Chicago, Illinois; Musab Alturki — Executive Officer, Promoter — Chicago, Illinois

Company:
Magic Mouth

State:
UTAH

Industry:
Retailing

Amount Raised:
$10,000

Related Persons:
Travis Miller — Executive Officer, Director, Promoter — Draper, Utah; Blake Isaacson — Executive Officer, Director, Promoter — Draper, Utah


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