๐ Congratulations, @DatabentoHQ---$100M series C raised at $1.1B valuation!
We lead Databentoโs Series B a few months ago and are amazed at the progress and milestones achieved by @christinaqi and the Databento team in such a short time. Weโre thrilled to continue supporting the company as they work to make financial data easier to access and empowering teams to build faster.
Details below โฌ๏ธ
We've raised $100 million in Series C financing at a $1.1 billion valuation.
The round was led by @fifthdowncap , one of our earliest investors. We're also pleased to welcome @FitchRatings Ventures as a new strategic investor.
Since announcing our Series B just a few months ago, we've been laying the groundwork for the next phase of our roadmap. This funding will help us accelerate those plans, from expanding our global market coverage to building the world's largest historical market data archive.
Thank you to our customers, investors, and team for helping us reach this milestone.
Read the full announcement in the comments.
@NEA@DRWTrading@tribecap@Redpoint@Trousdale_VC@OpCo_VC@alumniventures
๐ The @CBinsights Emerging AI 50 in NYC highlights the most promising AI startups representing a new generation of businesses in the city. ๐๏ธ
Congratulations to NY-native NEA portfolio companies: @AnteriorAI, @Bluefish_AI, and Nitra for being recognized! ๐
Details & full list: https://t.co/IaXtLY4MTk
๐ฃ๏ธ What if your best engineer became one of your least productive after adopting AI?
At a recent session with @yegordb (@StanfordAILab) and @EnoReyes (@factory), one stat stood out: roughly half of previously top-performing developers fell into the bottom quartile after adopting AI, while half of those at the bottom rose to the top.
NEA's Lila @lilatretikov discusses takeaways:
๐๐ฝ The skills are shifting. The edge now goes to people who pick the right problems, direct agents, and judge results.
๐๐ฝ Stop counting code. Measure signal-to-production latency: how long it takes to turn a customer need into working software.
๐๐ฝ Find your โGoogle number.โ Google tied page-load milliseconds to revenue. Every company needs an engineering metric that moves the business.
The next 10x breakthrough isnโt an engineer who writes 10x more code. Itโs an organization that turns 10x more ideas into products customers want.
Whatโs your Google number?
๐ฐ Full blog here: https://t.co/ypchBqEJ1M
Congratulations, @EchodyneCorp--to be acquired by defense tech company, @shieldaitech, for $5.3B! ๐
NEA first partnered with Echodyne nearly a decade ago at the Series B. We're honored to have been on the journey with them as an early pioneer in MESA solid-state radar technology to becoming the global defense and commercial standard in drone detection radars. This acquisition will help power the next generation of defense tech! ๐ก๏ธ
๐ฐ: https://t.co/w5NcvXJg1P
๐ข Tomorrow! @NEA's Hunter Worland will be featured at the @TechCrunch Founder Summit 2026 in Boston on 11/4.
Catch Hunter on the Build Stage discussing 'The Next Startup Advantage: Distribution Beats Technology.'
๐๏ธ Register here for 50% discount: https://t.co/JC3Kw8prBw
๐ค The Annual @CBinsights Fintech 100 is out and highlights the most promising fintech startups of 2026 include @NEA portfolio companies: @Spiko_finance, Tokenz, and @DatabentoHQ--congratulations!
Details & full list: https://t.co/LTIlpdBTyI
๐ข @NEA's Hunter Worland will be featured at the @TechCrunch Founder Summit 2026 in Boston on 11/4. Catch Hunter on the Build Stage discussing 'The Next Startup Advantage: Distribution Beats Technology.'
๐๏ธ Register here for 50% discount: https://t.co/JC3Kw8prBw
Congratulations, @pathos AI--$237M Series E raised! ๐
๐ก Pathosโs Foundry platform uses thousands of AI agents to synthesize clinical, genomic, and competitive data in real time, helping steer drug programs toward the right patients and away from high-risk paths early.
๐ซฑ๐ฝโ๐ซฒ๐ผ NEA first partnered with Pathos at the Series C, and we are thrilled to continue supporting the Pathos team as they work to transform drug development using proprietary patient data and AI to dramatically improve trial success rates and bring new hope to patients.
Details here: https://t.co/044yY5nSMK
Neolabs. Hot off the press from @BusinessInsider:
๐งช Neolabs (the research-first AI startups led by ex-OpenAI and DeepMind talent) are the most hotly debated bet in VC right now.
๐ Despite some skeptics, NEAโs @AndrewSchoen says his bullish June view hasnโt changed, and that billion-plus rounds are closing โsmoothly and quickly.โ
๐ก The real debate isnโt whether most will fail, but whether the few winners can pay for everyone else.
Full article here: https://t.co/o8tvMaDMcc
๐คฉ Congratulations, @Horizon3ai--amazing growth milestones as @snehalantani and the team work to pioneer the shift to continuous, production-safe autonomous security.
๐ฐ Details here: https://t.co/CiJNOyI6Zh
The @Siftedeu AI 100 spotlights Europeโs most promising AI startups in 2026.
๐ Congratulations to @NEA portfolio companies, spektr, which aims to transform compliance and on-boarding with AI, and @Valarian, which empowers enterprises, governments, and defense organizations with full data ownership, digital sovereignty, and operational control for being honored. ๐๐ฝ
https://t.co/UnIptqJlMa
๐จ LAST CALL -- SUBMIT BY 11:59PT TONIGHT! ๐จ
๐ข Calling future Fellows!
๐๐ฝ Who you are: A university undergrad in the venture/entrepreneurship world, or with a background in engineering, product, or design
๐๐ฝ What makes you, you: An independent thinker and team player โ curious, engaged, ready to dive in
๐๐ฝ What you'll get:
โ Hands-on experience in the business of VC
โ Direct collaboration with investment professionals
โ The chance to build your own investment thesis
โ Deeper ties to your campus entrepreneurial ecosystem
โ Cool swag (yes, really)
Applications close October 16, 2026 โ don't wait โณ
โ๐ฝ Apply now: https://t.co/xXwOALtnIz
๐บย Spotted on @theinformation TV: @samaya_AI founder & CEO @maithra_raghu was featured to discuss her companyโs AI agents for finance that aim to transform global financial market information into investment conviction
๐๐ฝ Check it out at the 28:55 mark. https://t.co/MuIpNGulpa
๐จ DEADLINE APPROACHING ๐จ
๐ข Calling future Fellows!
๐๐ฝ Who you are: A university undergrad in the venture/entrepreneurship world, or with a background in engineering, product, or design
๐๐ฝ What makes you, you: An independent thinker and team player โ curious, engaged, ready to dive in
๐๐ฝ What you'll get:
โ Hands-on experience in the business of VC
โ Direct collaboration with investment professionals
โ The chance to build your own investment thesis
โ Deeper ties to your campus entrepreneurial ecosystem
โ Cool swag (yes, really)
Applications close October 16, 2026 โ don't wait โณ
โ๐ฝ Apply now: https://t.co/xXwOALtVy7
๐ Congratulations @namespacelabsโ$42M Series B raised to speed up developer infrastructure.
Weโre thrilled to continue partnering with @20thr and the Namespace team! ๐๐ผ
We've raised $42M in Series B funding led by @scalevp, with participation from @NEA, @20vcFund, and others, bringing our total funding to $65M.
Namespace is already powering software development for SpaceXAI, Ramp, ElevenLabs, Factory, ClassPass, Wispr Flow, Bilt, Framer, Zed, Verkada, fal, Buildkite, Vanta, Sierra, Warp, DuckDB, Effect, Mapbox, and more than 1,000 of the world's most ambitious companies.
Learn more about how we got here.
๐บ ICYMI: NEA Partner, @lucktm was recently featured on @BloombergTV to discuss the relationship between technology at the AI frontier versus the reality of adoption by consumers and enterprises.
Watch more here: https://t.co/F9H9TWuXzT
โก๏ธ @Spiko_finance just announced a $90M in Series B funding. Now NEA's @PhilipChopin & Hunter Worland are detailing our lead investment and why we're thrilled partner with @pahyppolite & @AntMichon to make yield universal.
๐ธ Businesses pay fees to hold cash that loses value, and legacy bank plumbing keeps yield out of reach.
โก Spiko tokenizes sovereign money-market funds: onboarding in hours, real-time yield, programmable cash.
๐ $2.7B AUM, 10,000+ customers, the largest tokenized cash fund globally.
Read the full blog here: https://t.co/Y6REgXmGy3
๐ฃ๏ธ Attention: Engineers, researchers, founders--Weโre thrilled to partner with @P_1_AI for their upcoming event: Engineering the Physical World with AI
Join @NEA and the P-1 team in SF on Wed. 10/14!
NEAโs @lilatretikov will be featured to discuss how AI is reshaping the way physical systems are designed and built.
๐๐ฝ More info / request a spot here: https://t.co/FETEoT1oKh
๐ Congratulations, @Spiko_finance--$90M Series B raised to make yield universal.
โWe looked at dozens of companies solving pieces of this problem. We believe Spiko is the only one thatโs solved the regulatory piece and the product piece at the same time. Paul-Adrien and Antoine are building the default home for cash. Money market funds are where trust is earned, and the same model extends naturally to new markets and new products.โ - @PhilipChopin
๐ฐ More details here: https://t.co/BLEOYrYBdo