The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 8/15/26 featuring funding details for River AI, AGent, Trajectory, and thirteen other deals representing $2.8B in new funding that you need to know about.
Blacksmith – $45.0M
San Francisco-based Blacksmith provides cloud infrastructure for continuous integration, enabling developers to build, test, and deploy software. Founded by Aayush Shah, Aditya Jayaprakash, and Aditya Maru in 2024, Blacksmith has now raised a total of $59M in total equity funding and is backed by Google Ventures, Peak XV Partners, and Y Combinator.
ApartmentIQ – $25.0M
Madison-based ApartmentIQ offers automated market survey solutions for multifamily real estate, leveraging public data for accurate analysis. Founded by Adam Olien, Alec Slocum, and Chad Aldous in 2011, ApartmentIQ has now raised a total of $58.4M in total equity funding and is backed by Susquehanna Growth Equity.
Flagler Health – $50.0M
New York-based Flagler Health assists physicians by recommending the best treatment strategy based on patient data and AI technologies. Founded by Albert Katz, Leon Anijar, and Will Hu in 2023, Flagler Health has now raised a total of $50M in total equity funding and is backed by 186 Ventures, Alumni Ventures, Bessemer Venture Partners, Offscript, PROOF, SignalFire, Streamlined, and Tribeca Venture Partners.
Trajectory – $40.0M
San Francisco-based Trajectory is a research and product company developing a platform that enables continual learning for AI-powered products. Founded by Arjun Karanam, Michael Elab, and Ronak Malde in 2025, Trajectory has now raised a total of $55M in total equity funding and is backed by Bessemer Venture Partners, NVIDIA, and Sequoia Capital.
Axle Labs – $17.5M
Atlanta-based Axle Labs is an insurance data open platform that helps to link policies and verify and monitor ongoing insurance coverage. Founded by Armaan Sikand, Cameron Duncan, and Nihar Parikh in 2022, Axle Labs has now raised a total of $22M in total equity funding and is backed by Base10 Partners, Chris Bayley, Gradient, Stage 2 Capital, and Y Combinator.
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skan.ai – $63.0M
Menlo Park-based Skan AI provides enterprise process intelligence and automation software that captures work context and helps organizations build AI agents. Founded by Avinash Misra and Manish Garg in 2018, skan.ai has now raised a total of $117M in total equity funding and is backed by Bloomberg Beta, Cathay Innovation, Citi Ventures, Dell Technologies Capital, State Farm Ventures, and Wipro Ventures.
Versa Vascular – $15.0M
Santa Cruz-based Versa Vascular is a developer of an implant system designed to treat tricuspid regurgitation by supporting native valve function. Founded by Dan Wallace in 2020, Versa Vascular has now raised a total of $42.3M in total equity funding and is backed by BioStar Capital and S3 Ventures.
Infinimmune – $75.0M
Alameda-based Infinimmune develops human-derived antibody medicines using B-cell sequencing, computational modeling, and antibody engineering technology. Founded by David Jaffe, Katie Pfeiffer, Lance Hepler, Mike Gibbons, and Wyatt McDonnell in 2022, Infinimmune has now raised a total of $87M in total equity funding and is backed by Civilization Ventures, Everbright Biofund, Forge Life Science Partners, Godfrey Capital, Goldcrest Capital, Merck Global Health Innovation Fund, Pear VC, Playground Global, RA Capital Management, Regeneron Ventures, and Wild Tree Ventures.
River AI – $1.1B
Palo Alto-based River AI provides an API for fine-tuning and reinforcement learning, enabling users to build and serve personalized AI models. Founded by Dmytro Soboliev, Ievgen Soboliev, and Igor Babuschkin in 2026, River AI has now raised a total of $1.1B in total equity funding and is backed by AMD Ventures, AMP PBC, General Catalyst, NVIDIA, Temasek, and Y Combinator.
AGent – $11.0M
Houston-based AGent develops an AI-powered energy management platform for commercial, industrial, and institutional backup generators. Founded by Françoise Parker, Stephanie Hendricks, and Todd Krause in 2017, AGent has now raised a total of $17M in total equity funding and is backed by CIV, Intrepid Investment Management, MassMutual Ventures, Spero Ventures, and Zero Infinity Partners.
CodeRabbit – $143.0M
San Francisco-based CodeRabbit is an Agentic Change Management platform for validating and governing code generated by people and AI agents at enterprise scale. Founded by Guritfaq Singh, Harjot Gill, and Vishu Kaur in 2023, CodeRabbit has now raised a total of $222.6M in total equity funding and is backed by Atomico, BMW i Ventures, CRV, Datadog, Engineering Capital, Flex Capital, Harmony Partners, Hirtle Callaghan & Co, Pelion Venture Partners, Scale Venture Partners, Scenic Management, SineWave Ventures, and Smash Capital.
Point2 Technology – $136.0M
San Jose-based Point2 Technology develops a dielectric waveguide for high speed interconnect for both datacenter applications. Founded by HM Bae and Sean Park in 2016, Point2 Technology has now raised a total of $243.2M in total equity funding and is backed by Arm Holdings, Bosch Ventures, LB Investment, Maverick Silicon, Molex, NVIDIA, and UMC Capital.
RevaTerra – $1.3M
Atlanta-based RevaTerra is an energy company that develops AI-based bioenergy solutions to transform biomass waste into renewable fuels. Founded by Joseph Napier and Jude Davies in 2025, RevaTerra has now raised a total of $2M in total equity funding and is backed by Bluelake.
Form Energy – $750.0M
Somerville-based Form Energy is an energy technology company that produces electric grids and accelerates the transition to clean energy. Founded by Marco Ferrara, Mateo Jaramillo, Ted Wiley, William Woodford, Yet Chiang, and Yet-Ming Chiang in 2017, Form Energy has now raised a total of $2B in total equity funding and is backed by Blindspot Ventures, Breakthrough Energy Ventures, Capricorn Investment Group, Cari Tuna, Coatue, Dustin Moskovitz, Energy Impact Partners, Engine Ventures, Franklin Templeton, GE Vernova, Gigascale Capital, Janus Henderson Investors, M&G Plc, NGP Energy Technology Partners, Peak 6, Prelude Ventures, Sequoia Capital, TPG Rise Climate Fund, and T. Rowe Price.
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Neros Technologies – $250.0M
Los Angeles-based Neros Technologies is a defense technology company specializing in the development and manufacturing of advanced unmanned aerial systems. Founded by Olaf Hichwa and Soren Monroe-Anderson in 2023, Neros Technologies has now raised a total of $369.5M in total equity funding and is backed by Allen & Company, American Strategic Technology Fund, Dylan Field, Interlagos Capital, MANTIS Venture Capital, Sequoia Capital, Spark Capital, Thiel Capital, and Valor Equity Partners.
Heaviside Industries – $60.0M
Los Angeles-based Heaviside Industries develops autonomous precision munitions and defense technology for air, land, and sea applications. Founded by Phillip Walker in 2024, Heaviside Industries has now raised a total of $88M in total equity funding and is backed by Anorak Ventures, Cantos, Felicis, Flume Ventures, Friends & Family Capital, Hedosophia, Menlo Ventures, MVP Ventures, Qstar, and SignalRank.
