StepStoneVC

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[StepStoneVC @StepStoneVC]

Rocket engine startup @GoToImpulse announced a $500M Series B funding round, with participation from StepStone platform manager @foundersfund. The company plans to use the latest infusion for hiring as they continue to develop their highly-maneuverable Mira spacecraft. Read on: https://t.co/IVwkpypONB

[StepStoneVC @StepStoneVC]

Oncology AI innovator @Triomicsinc has announced a $22M Series B financing round with strategic backing from @lightspeedvp and @NexusVP, both StepStone platform managers. Triomics replaces manual medical chart curation, slashing manual chart review times by 67%, while boosting clinical trial matches by 40% and enrollment by more than 30%. Keep reading: https://t.co/Gx7Nc2BDIc

[StepStoneVC @StepStoneVC]

.@AnthropicAI has raised $65 billion in a Series H round with support from StepStone platform manager @lightspeedvp, bringing their post-money valuation to $965B. Alongside the fundraise, the company released an updated model of their flagship product, Claude, with enhanced functionality for enterprises. Keep reading: https://t.co/uhJOcPPFIh

[StepStoneVC @StepStoneVC]

#Perceptic, a UK-based developer of an end-to-end AI platform for drug development, raised $12m in a Seed funding round led by StepStone platform manager @Accel. The platform enables companies to go from screening hundreds of assets a week to screening thousands of assets in minute, cutting the amount of time it would take for biopharma companies to bring safe, effective drugs to market. Learn more: https://t.co/nK88yZyVb2

[StepStoneVC @StepStoneVC]

StepStone platform managers @AcrewCapital and @a16zcrypto recently led a $30M Series A funding round for @catena_labs, developer of an AI-native banking and automated financial services platform. The company plans to use the funds to build out its core decentralized banking software layer, scale its financial infrastructure, and expand its engineering team across the US. Find out more: https://t.co/ZpSRE0bjje

[StepStoneVC @StepStoneVC]

E-commerce logistics company @GetSTORD has raised a $250 million round at a $3 billion valuation, with participation from StepStone platform manager @foundersfund. Stord offers a network of physical warehouses and inventory management software for e-commerce, enabling brands to fulfill orders at competitive speeds while still owning their customer relationship. Learn more: https://t.co/eZAjC9QpSz

[StepStoneVC @StepStoneVC]

Enterprise AI delivery platform #Unframe has closed a $50M Series B funding round with support from StepStone platform managers @BessemerVP and @TLV_Partners. Unframe is a managed AI delivery platform that helps companies leverage AI use cases into fully tailored, complete solutions in mere days. Continue reading: https://t.co/K1yIAMupBm

[StepStoneVC @StepStoneVC]

AI gateway maker @OpenRouter has raised $113M in a recent Series B funding round. The latest round saw StepStone platform manager @a16z double down on their investment, and brought the company to over 1B post-money valuation. The gateway helps enterprises select different models for different jobs to control costs or increase reasoning and accuracy. OpenRouter currently provides access to over 400 models, serves 8 million global users and processes 100 trillion tokens per month. Learn more: https://t.co/LWVC1Aq4gf

[StepStoneVC @StepStoneVC]

.@harmonicsec, a StepStone portfolio company, has launched AI Usage Explorer, a new product designed to give organizations a clearer view of how AI is being used across teams. The platform categorizes AI usage, showing what projects are underway, which tools employees are using, where AI investments are driving value, and where risks may be emerging. A strong step forward in Harmonic’s mission to enable secure AI adoption, AI Usage Explorer helps enterprises better understand and govern AI usage as it scales across the organization. Read more about the latest launch: https://t.co/C9x8YZFBPa

[StepStoneVC @StepStoneVC]

.@modal has closed a $335M Series C as they continue to develop their serverless AI infrastructure platform. The latest round was led by @Redpoint with participation from @Accel, both StepStone platform managers. Modal aims to solve two pain points for AI startups: too much AI-generated code to deal with, and not nearly enough computing power to run it on. Continue reading: https://t.co/2BmWQQTWbt

[StepStoneVC @StepStoneVC]

.@ExaAILabs, developer of an AI-native search engine and web data retrieval platform, raised $250m in Series C funding round at a $2.2 billion valuation. The latest round was lead by @a16z, with additional participation from @lightspeedvp and @benchmark, all StepStone platform managers. Read more about the latest round: https://t.co/lVVF3VK3Pr

[StepStoneVC @StepStoneVC]

@ContrarioAI has raised $2.3 million in a seed round with participation from StepStone platform managers @GoodwaterCap and @NexusVP. Contrario’s AI-integrated recruitment platform is designed to help businesses hire faster by automating time-consuming tasks while expanding access to qualified talent pools. The company launched the platform that combines human recruiters with AI to streamline hiring operations by integrating directly with workplace programs, reducing reliance on multiple software tools. Learn more: https://t.co/M9EyqTvXuZ

[StepStoneVC @StepStoneVC]

#KinHealth, a consumer health platform founded by practicing physicians, announced a $9 million Seed round, with participation from StepStone platform manager @pearvc. Kin Health is building a free app that records medical appointments and converts physician-patient conversations into plain-language summaries patients can review, act on, and share with caregivers and family members. For more: https://t.co/ECgFNnkbnr

[StepStoneVC @StepStoneVC]

UK chip startup @fractile_ai closed a $220M Series B led by @Accel and @foundersfund, with participation from @felicis and @conviction, all StepStone platform managers. Fractile, now valued at $1B, aims to address the 'bottleneck of AI' by developing chips that increase the number of tokens that can be processed per second, and lower the costs and energy relative to current GPU systems. Keep reading: https://t.co/mJY1S4e5qv

[StepStoneVC @StepStoneVC]

#Synthetic has raised $10M in a Seed funding round with participation from @BasisSet, a StepStone platform manager. Synthetic is currently iterating on a prototype of an AI-automated bookkeeping platform focused on specifically serving software, SaaS and AI companies. Learn more: https://t.co/EYK8qeqgQb

[StepStoneVC @StepStoneVC]

Crypto wallet and key management infrastructure company @turnkeyhq completed a $12.5M funding round with support from StepStone platform manager @lightspeedvp, bringing their total funding to $65M. The new funds are set to go largely toward Turnkey Verifiable Cloud, a system the company says is designed to let businesses handle sensitive crypto tasks in a verifiable computing environment. Learn more: https://t.co/fdzdR9j5RY

[StepStoneVC @StepStoneVC]

.@DeepInfra secured $107M in a Series B round with participation from StepStone platform manager @felicis. A cloud platform for high-throughput AI inference, DeepInfra processes nearly 5T tokens per week, enabling enterprises to run open-source and agent-driven AI workloads with improved cost, performance and security. Read more: https://t.co/jeayccSn3c

[StepStoneVC @StepStoneVC]

.@Ciridae, an AI transformation company building operating systems for real-economy businesses, has raised a $20M Seed funding round led by @Accel, a StepStone platform manager, with participation from leading venture investors.
The company is actively deploying AI-native infrastructure that replaces legacy workflows in mid-market industries, bringing AI systems into production in weeks instead of months: https://t.co/Kv3QXWEAR0

[StepStoneVC @StepStoneVC]

.@Accel, a StepStone platform manager, led a €12M Seed funding round for #Pillar, which builds an AI platform for construction contractors. The company is currently modernizing construction operations by automating workflows like quoting, margin tracking, and project reporting while connecting financial systems and site updates into one interface: https://t.co/l3LpxZ06EO

[StepStoneVC @StepStoneVC]

With total funding now reaching $24.5M, @basata_ai raised a $21M Series A funding round led by @BasisSet, a StepStone platform manager. Basata is expanding its AI-powered front-office automation platform for healthcare, streamlining referral intake, EHR data extraction, and patient scheduling. The company is scaling specialty-specific workflows, hiring engineering and sales teams, and building a broader AI agent suite that spans intake, follow-ups, and billing across healthcare systems. Continue reading: https://t.co/gRWUpOqw0k