Startups funded in December 2025

232 startups raised $11.8B in total in December 2025. Largest rounds first.

1. Moonshot (moonshot.money) — Series C · $500M. Investors: Alibaba, IDG, Tencent, Wang Huiwen
   Moonshot is building innovative solutions for the consumer discretionary market.
2. Naveen Rao (naveenrao.com) — Seed · $475M
   Naveen Rao is building innovative solutions in the tech sector for varied industries.
3. UnconventionalAI (unconv.ai) — Seed · $475M · San Francisco, US. Investors: Andreessen Horowitz, DCVC, Future Ventures, Lightspeed Venture Partners
   UnconventionalAI is building chips and computer systems designed for AI for developers and enterprises.
4. Fervo Energy (fervoenergy.com) — Series E · $462M · Houston, US. Investors: B Capital, Breakthrough Energy Ventures, CPP Investments, CalSTRS
   Fervo Energy is a geothermal development company that provides 24/7 carbon-free energy through the development of next-generation geothermal power.
5. NexPoint Real Estate Finance (nref.nexpoint.com) — Series B · $404.5M
   NexPoint Real Estate Finance is building a strong balance sheet and lending portfolio for investors seeking stable income.
6. NexPoint Real Estate Finance, Inc. (nexpoint.com) — Series B · $404.5M · Dallas, US
   NexPoint Real Estate Finance, Inc. is building a continuous public offering of preferred stock for investors seeking return on investment through dividends.
7. Physical Intelligence (physicalintelligence.company) — Series C · $400M · San Francisco, US. Investors: BCapitalGroup, BOND, Jeff Bezos, Khosla Ventures
   Physical Intelligence is building general-purpose AI for robots to perform various tasks for users.
8. Lovable Labs Inc. (lovable.dev) — Series B · $330M. Investors: Atlassian Ventures, CapitalG, Deutsche Telekom, HubSpot Ventures
   Lovable Labs Inc. is building an artificial intelligence tool for developers to generate websites and applications using a chatbot interface.
9. Black Forest Labs (blackforestlabs.ai) — Series B · $300M · Germany, DE. Investors: AMP, Andreessen Horowitz, BroadLight Capital, Creandum
   Black Forest Labs is building advanced AI image generation software for creatives and digital communities.
10. BlackForestLabs (bfl.ai) — Series B · $300M · Freiburg im Breisgau, DE. Investors: AMP, SalesforceVentures
    BlackForestLabs is building an AI image generation and editing platform for various applications.
11. Radiant Industries (radiantnuclear.com) — Series C · $300M · El Segundo, US. Investors: Align Ventures, Also Capital, Andreesen Horowitz, ARK Invest
    Radiant Industries is developing technology with the potential to provide reliable and lower carbon energy for remote, off-grid locations.
12. K2 Space Corporation (k2space.com) — Series C · $250M
    K2 Space Corporation is building advanced technology solutions for pivotal missions in defense and space manufacturing.
13. TymeBank (tymebank.co.za) — Series D · $250M · Singapore, SG. Investors: African Rainbow Capital Investments Ltd., Gokongwei Group, M&G Catalyst, Nu Holdings Ltd.
    TymeBank is building innovative digital banking solutions for customers in Africa and the Philippines.
14. Harness (harness.io) — Series E · $240M. Investors: B Capital, Bain Capital Ventures, Crosslink Capital, Goldman Sachs
    Harness is a software delivery platform.
15. Monad Labs (monadlabs.xyz) — Series A · $225M · Singapore, SG. Investors: Coinbase Ventures, Electric Capital, Greenoaks, HTX Ventures
    Monad Labs is a venture-backed tech startup dedicated to pioneering advancements in blockchain technology.
16. Sharing Energy (thebridge.jp) — Series C · $203.1M
    Sharing Energy is building third-party ownership PPA services for solar power installations.
17. Syremis Therapeutics (syremis.com) — Series A · $165M
    Syremis Therapeutics is developing innovative drugs ST-905 and ST-901 for schizophrenia and major depressive disorder for patients with neuropsychiatric conditions.
18. AI Startup (aistartup.com) — Series A · $150M · Silicon Valley, US. Investors: Lightspeed Venture Partners
    AI Startup is building cutting-edge solutions in artificial intelligence for industries ranging from healthcare to finance.
19. Curative Health Insurance Company (curative.com) — Series B · $150M. Investors: Duquesne Family Office, Galaxy Digital, JAM Fund, Upside Vision Fund
    Curative Health Insurance Company is building a health plan designed to replace the traditional insurance model for employers seeking innovative health insurance solutions.
20. HawkEye 360 (he360.com) — Series E · $150M. Investors: Adage Capital Management, Alumni Ventures, BlackRock, Center15 Capital
    HawkEye 360 is developing satellite architecture and analytics for high-stake defense missions.
21. ZeroAvia (zeroavia.com) — Series D · $150M. Investors: AP Ventures, Airbus Ventures, Alaska Airlines, Amazon Climate Pledge Fund
    ZeroAvia is developing clean propulsion technology for larger aircraft to address carbon emissions in aviation.
22. Protego Biopharma (protegobiopharma.com) — Series B · $130M. Investors: Digitalis Ventures, Droia Ventures, Forbion, Lightspeed Venture Partners
    Protego Biopharma is building innovative treatments for AL Amyloidosis patients.
23. Nabla (nablacosmetics.com) — Series C · $120M. Investors: Build Collective, Cathay Innovation, DST Global, HV Capital
    Nabla is building an ambient AI assistant for practitioners to improve efficiency and patient care.
24. Artios Pharma Limited (artios.com) — Series D · $115M. Investors: Pfizer Ventures
    Artios Pharma Limited is developing cancer medicines that selectively target vulnerabilities in the way tumor cells repair DNA damage for the cancer treatment field.
25. DP Technology (dp.tech) — Series C · $114M · Beijing, CN. Investors: Beijing Artificial Intelligence Industry Investment Fund, Beijing Jingguorui Equity Investment Fund, Beijing Pharmaceutical and Health Industry Investment Fund, Fortune Venture Capital
    DP Technology is building an AI platform for scientific R&D to replace trial-and-error methods in material sciences and pharmaceuticals.
26. SanegeneBio (sanegenebio.com) — Series B · $110M · Suzhou, CN. Investors: Alwin Capital, Guofa Capital, Invus, K2 Venture Partners
    SanegeneBio is a biotech firm specializing in developing innovative RNA interference therapeutics for cardiovascular and metabolic diseases, immunology-related diseases, and nervous system diseases.
27. Sidera Bio (siderabio.com) — Series A · $109M · Copenhagen, DK. Investors: Forbion, Gilde Healthcare, Novo Holdings, RA Capital Healthcare Fund
    Sidera Bio is building innovative biotech solutions for the pharmaceutical sector.
28. Veza Security (veza.com) — Series D · $108M
    Veza Security is building identity security solutions for enterprises.
29. Further x 3iQ Alpha Digital Fund (3iq.io) — Seed · $100M · Abu Dhabi, AE. Investors: 3iQ, Further Asset Management
    Further x 3iQ Alpha Digital Fund is building a market-neutral, multi-strategy digital asset hedge fund for institutional allocators like family offices and sovereign investors.
30. Galvanize Therapeutics (galvanizetherapeutics.com) — Series C · $100M. Investors: Intuitive Ventures, Sofinnova Partners
    Galvanize Therapeutics is building a pulsed electric field platform for treating solid tumors and chronic bronchitis.
31. Nirvana (nirvanatech.com) — Series D · $100M. Investors: General Catalyst, Lightspeed Venture Partners, Valor Equity Partners
    Nirvana is building an AI-native insurance platform that transforms commercial insurance through real-time data intelligence for businesses.
32. Port IO Ltd. (port.io) — Series C · $100M. Investors: Accel, Bessemer Venture Partners, General Atlantic, Team8
    Port IO Ltd. is building an internal developer portal for software engineering teams to automate parts of the software development lifecycle.
33. Surgerii Robotics (en.surgerii.com) — Series D · $100M · Beijing, CN. Investors: DNV Capital, Hefei Industry Investment, Loyal Valley Capital, Shanghai Healthcare Capital
    Surgerii Robotics is building a single-port surgical robot for minimally invasive surgical procedures.
34. DualEntry (dualentry.com) — Series A · $90M. Investors: Khosla Ventures, Lightspeed Venture Partners
    DualEntry is building an AI enterprise resource planning (ERP) solution to replace legacy software for businesses seeking automation and predictive insights.
35. BlossomHill Therapeutics (bhtherapeutics.com) — Series B · $84M · San Diego, US. Investors: Colt Ventures, Cormorant Asset Management, H&D Asset Management, Hercules BioVentures Partners LLC
    BlossomHill Therapeutics is a biotechnology company focused on the design and development of small molecule medicines for treating cancer and autoimmune diseases.
36. BlossomHill Therapeutics, Inc. (bhtherapeutics.com) — Series B · $84M · San Diego, US. Investors: BioTrack Capital, Brahma Capital, Cormorant Asset Management, Janus Henderson Investors
    BlossomHill Therapeutics, Inc. is building intelligently designed cancer medicines for patients with cancer.
37. Aaru (aaru.com) — Series A · $80M. Investors: Redpoint Ventures
    Aaru is building synthetic customer research tools using artificial intelligence for large consultancies and marketers.
38. Paradigm Health (paradigmhealth.ai) — Series B · $78M. Investors: ARCH Venture Partners, American Cancer Society's BrightEdge Fund, DFJ Growth, F-Prime Capital
    Paradigm Health is building an intelligent research platform that connects patients, providers and trial sponsors for the clinical research industry.
39. Pharvaris (pharvaris.com) — Series B · $78M
    Pharvaris is building oral therapies for bradykinin-mediated angioedema for patients suffering from hereditary angioedema (HAE).
40. Speak (speak.com) — Series C · $78M · San Francisco, US. Investors: Accel, Khosla Ventures, OpenAI Startup Fund, Y Combinator
    Speak is building an AI-based language learning platform for users seeking to achieve spoken fluency in languages.
41. Mediar Therapeutics (mediartx.com) — Series B · $76M · Boston, US
    Mediar Therapeutics is pioneering a new approach to fibrosis treatment by targeting the myofibroblast for patients suffering from excessive scarring and organ failure.
42. Finix (finix.com) — Series C · $75M · San Francisco, US. Investors: Acrew Capital, American Express, Citi Ventures, Homebrew
    Finix is building a payments infrastructure for businesses that seek better in-store and online payment solutions.
43. Manus AI (manusai.ai) — Series B · $75M · Singapore, SG. Investors: Benchmark, HongShan, Tencent
    Manus AI is building general-purpose AI agents capable of handling multi-step workflows for businesses seeking to automate complex tasks.
44. Scribe (scribe.com) — Series C · $75M. Investors: Amplify Partners, Morado Ventures, New York Life Ventures, Redpoint Ventures
    Scribe is building workflow software to help companies document internal processes and implement AI for businesses.
45. CoLab (colabsoftware.com) — Series C · $71.7M · St. John's, CA
    CoLab is building collaborative software solutions for engineering teams.
46. DEEP Robotics (deeprobotics.us) — Series C · $71M. Investors: Beijing Robotics Industry Development Investment Fund, CCTV Media Convergence Fund, CMB International, China Fortune-Tech Capital
    DEEP Robotics is building advanced robotics technology for enhancing quadruped and humanoid robots.
47. Excelsior Sciences (excelsiorsci.com) — Series A · $70M · Midtown Manhattan, US. Investors: Deerfield Management, Khosla Ventures, Sofinnova Partners
    Excelsior Sciences is building a platform to discover new molecules using robots and artificial intelligence for drug development.
48. Pinnacle Blooms Network (pinnaclebloomsnetwork.com) — Series A · $70M · India, IN. Investors: Global Healthcare Fund
    Pinnacle Blooms Network is building an AI-powered child development operating system for pediatric therapy.
49. Metaways (metaways.cn) — Series A · $68.5M · Yiwu City, CN
    Metaways is building a 12-inch microdisplay production line for high-end OLED microdisplays.
50. Heidi Health (heidihealth.com.au) — Series B · $65M · Melbourne, AU. Investors: Anthology Fund, Archangel Ventures, Blackbird, Blackbird VC
    Heidi Health is using AI to turn consultation transcripts into case histories, referral letters, financial forms, and other documents to ease the burden of administrative tasks for doctors.
51. FullDepth (en.fulldepth.co.jp) — Series D · $61.1M · JP. Investors: Aozora Corporate Investment, Beyond Next Ventures, DRONE FUND, JMTC Capital LLC
    FullDepth is building domestic industrial underwater drones for the maintenance and management of domestic infrastructure and marine industries.
52. Giga (giga.ai) — Series A · $61M · San Francisco, US. Investors: Redpoint Ventures
    Giga is building voice-based AI agents for companies needing customer support.
53. Vatn Systems (vatnsystems.com) — Series A · $60M · Portsmouth, US. Investors: BVVC, Cubit Capital, DYNE Ventures, Fortitude Ventures
    Vatn Systems is building autonomous underwater vehicles for the US military and allies.
54. CHAMP Titles (champtitles.com) — Series C · $55M · Cleveland, US. Investors: ORIX Corporation USA, Point72 Ventures, W.R. Berkley Corporation
    CHAMP Titles is building a digital platform to modernize motor vehicle agencies for over 35 million Americans.
55. Diana Health (heydianahealth.com) — Series C · $55M · New York, US. Investors: March of Dimes Foundation, Norwest Venture Partners
    Diana Health is a network of modern women's health practices that partner with hospitals to reimagine the way women's healthcare is delivered.
56. Ultromics (ultromics.com) — Series C · $55M · Oxford, GB. Investors: Allegis Capital, Blue Venture Fund, GV, L&G
    Ultromics is building AI-enabled cardiovascular imaging solutions for healthcare providers.
57. Medra (medra.ai) — Series A · $52M · San Francisco, US. Investors: 776, Catalio Capital Management, Fusion Fund, Human Capital
    Medra is building the world’s first end-to-end Physical AI Scientist platform for continuous experimentation.
58. Lace Lithography (lacelithography.com) — Series A · $51.3M. Investors: Atomico, Microsoft’s M12
    Lace Lithography is developing next-generation semiconductor technology for revolutionizing computer chip manufacturing.
59. Biobeat (bio-beat.com) — Series B · $50M · Boca Raton, US. Investors: Ally Bridge Group, Elevage Medical, OrbiMed
    Biobeat is building continuous blood pressure monitoring technologies for patients with hypertension.
60. Healthee (healthee.co) — Series B · $50M. Investors: Fin Capital, Glilot Capital Partners, Group11, Key1 Capital
    Healthee is a healthcare tech pioneer focused on enhancing care outcomes and reducing overhead for employers and employees through its comprehensive platform.
61. Morphocell (morphocell.com) — Series A · $50M · Montreal, CA. Investors: CDP Venture Capital, Investissement Québec
    Morphocell is building tissue and organ regeneration technology for patients with liver failure.
62. Rewaa (linkedin.com) — Series B · $45M · Riyadh, SA. Investors: Abdulrahman Sulaiman Al Rajhi & Sons Investment Company, Abdulrahman Suleiman Al Rajhi & Sons Company, Alinma Capital, Derayah VC
    Rewaa is the leading full-stack inventory management platform for the retail industry, providing retailers with a cloud-based integrated solution that synchronizes online and physical store inventory seamlessly, in addit
63. Kargo (kargo.ai) — Series B · $42M. Investors: Avenir, Hearst Ventures, Lightbank, Linse Capital
    Kargo is building AI-powered warehouse and loading dock technology for large enterprise customers in the supply chain and logistics sector.
64. Kanaph Therapeutics (kanaphtx.com) — Series C · $40.1M · KR
    Kanaph Therapeutics is building anticancer drugs using a novel genome-based drug discovery platform for improving cancer treatment outcomes.
65. Tsing Micro Intelligent Technology Co. Ltd. (tsingmicro.com) — Series C · $40.1M · Beijing, CN. Investors: Beijing Jingneng Power Group, Beijing Venture Capital, Zhongguancun Science City Innovation Development Co. Ltd.
    Tsing Micro Intelligent Technology Co. Ltd. is building various AI chips for the rapidly growing AI technology sector in China.
66. Addionics (addionics.com) — Series B · $40M. Investors: Avery Dennison, Deep Insight, Elron Ventures, GM Ventures
    Addionics develops technology to improve the performance of batteries for commercial scale, with partnerships with major OEMs and automakers across North America and Europe.
67. Affinia Therapeutics (affiniatx.com) — Series C · $40M. Investors: NEA
    Affinia Therapeutics is developing gene therapies for various medical conditions and is building innovative solutions for patients in need.
68. Cellular Origins (cellularorigins.com) — Series A · $40M. Investors: BGF, Highland Europe, Johnson & Johnson, Johnson & Johnson Innovation – JJDC, Inc.
    Cellular Origins is building a mobile robotic approach to manufacturing cell and gene therapies for healthcare providers.
69. Haven Energy (havenenergy.com) — Series B · $40M · Los Angeles, US. Investors: Comcast Ventures, Giant Ventures, Habitat Partners, Lerer Hippeau
    Haven Energy is a climate tech company that is accelerating the adoption of home battery systems.
70. Lumana (lumana.ai) — Series A · $40M · Los Gatos, US. Investors: Norwest Venture Partners, S Capital, Wing Venture Capital
    Lumana provides organizations with a video security platform that leverages artificial intelligence and distributed hybrid cloud architecture to understand and exploit the value of their visual data.
71. Routematic (routematic.com) — Series C · $40M · IN. Investors: Fullerton Carbon Action Fund, Shift4Good
    Routematic is building an AI-driven corporate transport-as-a-service platform for over 300 corporates across 23 Indian cities.
72. Solve Intelligence (solveintelligence.com) — Series B · $40M · London, GB. Investors: 20VC, Microsoft, Pathfounders, Thomson Reuters Ventures
    Solve Intelligence is building a genAI-driven platform to assist in every part of the patent process for inventors, in-house IP teams, and outside legal counsels.
73. Naked Insurtech (naked.insure) — Series B · $38M · South Africa, ZA. Investors: BlueOrchard, DEG, Hollard Group, IFC
    Naked Insurtech is building an AI-driven, fully digital insurance platform for cars, homes, and personal items.
74. Axion (axion.com) — Series B · $37M. Investors: Bessemer Venture Partners, Salesforce Ventures, Schneider Electric
    Axion is building an AI platform for manufacturing product quality for Fortune 500 manufacturers.
75. mPharma (mpharma.com) — Series D · $35M · Accra, GH. Investors: Growth Investment Partners
    mPharma is building a health-tech platform to improve medicine affordability and accessibility for communities in Africa.
76. Ritten (ritten.io) — Series B · $35M. Investors: 8VC, Bienville Capital, Five Elms Capital, Threshold Ventures
    Ritten is building an AI-powered system of record for behavioral health providers to streamline the patient and clinician journey.
77. Truemed (truemed.com) — Series A · $34M. Investors: Andreessen Horowitz
    Truemed is building solutions to unlock HSA/FSA funds for lifestyle interventions.
78. Tutor Intelligence Inc. (tutorintelligence.com) — Series A · $34M · Cambridge, US. Investors: Fundomo, Neo, Union Square Ventures
    Tutor Intelligence Inc. is building AI-powered warehouse robots for North American factories and warehouses.
79. Epilepsy GTX (epilepsygtx.com) — Series A · $33M. Investors: British Patient Capital
    Epilepsy GTX is building cutting-edge gene therapies to treat refractory epilepsy for patients suffering from this condition.
80. EpilepsyGTx (epilepsygtx.co.uk) — Series A · $33M · London, UK. Investors: British Business Bank, Health Technology Holding, UCL Technology Fund, XGEN Venture
    EpilepsyGTx is a biotechnology company focused on research and development of gene therapies to treat focal refractory epilepsy.
81. Attentive.ai Group (attentive.ai) — Series B · $30.5M · New Delhi, IN. Investors: InfoEdge Ventures, Insight Partners, Tenacity Ventures, Vertex Ventures
    Attentive.ai Group is building an AI-based SaaS platform offering cloud-based software for landscape and construction management.
82. Block Security Arena (blocksecx.com) — Seed · $30M · New York, US. Investors: Apus Capital, Hotcoin Labs, OneBit Ventures, Starbase
    Block Security Arena is building AI-driven security infrastructure for Web3 users.
83. Galatek (galatek.ai) — Series A · $30M · Singapore, SG. Investors: undisclosed investors
    Galatek is building AI-powered automation solutions for life sciences and semiconductor manufacturing.
84. Kustomer (kustomer.com) — Series B · $30M · New York, US. Investors: Battery Ventures, boldstart ventures, Norwest Venture Partners, Redpoint Ventures
    Kustomer is building a customer service platform powered by AI to enhance customer experience for mid-sized to large enterprises.
85. Valerie Health (valeriehealth.com) — Series A · $30M · San Francisco, US. Investors: .406 Ventures, BoxGroup, General Catalyst, Karman Ventures
    Valerie Health is building an AI front office for independent provider groups to automate administrative tasks and improve patient engagement.
86. Validus (validus.sg) — Series D · $30M · Singapore, SG. Investors: 01Fintech, AddVentures by SCG, Aizawa Asset Management, FMO
    Validus is building a digital SME lending platform for micro, small and medium enterprises (MSMEs) in Indonesia.
87. Lemurian Labs (lemurianlabs.com) — Series A · $28M · Santa Clara, US. Investors: 1Flourish Ventures, Animal Capital, Blackhorn Ventures, Hexagon AB
    Lemurian Labs is building a software-centric, hardware-agnostic solution that enables AI workloads to run efficiently on any hardware for organizations looking to optimize AI development.
88. Wint Wealth (wintwealth.com) — Series B · $27.9M · Bengaluru, IN. Investors: 3one4 Capital, Eight Roads Ventures, Rainmatter, Unitary Fund
    Wint Wealth is building a wealth management platform for individuals looking for investment opportunities.
89. Parametrix (parametrixinsurance.com) — Series B · $27M. Investors: ALPHA, F2 Venture Capital, FirstMark Capital, HDI Group
    Parametrix is building downtime insurance solutions for digital infrastructure and technology risk for businesses.
90. Lightship Energy Inc. (lightshiprv.com) — Series C · $26.6M · Broomfield, US
    Lightship Energy Inc. is building all-electric recreational vehicles for environmentally conscious consumers.
91. Sparrow Quantum (sparrowquantum.com) — Series A · $25M · DK. Investors: 2xN, EIFO, European Innovation Council, Jacob Jakobsen Gruppen ApS
    Sparrow Quantum is building photonic quantum hardware for quantum computing and secure communication.
92. 247Solar (247solar.com) — Series B · $25M · Great Falls, US
    247Solar is building always-on renewable power and heat solutions for industrial and infrastructure customers globally.
93. Bedrock Data (bedrockdata.ai) — Series A · $25M · Menlo Park, US. Investors: Greylock
    Bedrock Data is building a modern DSPM platform for data-centric security, governance and management.
94. Heads Up For Tails (headsupfortails.com) — Series B · $25M · Gurugram, IN. Investors: Apparel Group
    Heads Up For Tails is building a premium pet care platform for pet owners, offering food, treats, grooming products, and wellness essentials.
95. Pine (19pine.ai) — Series A · $25M. Investors: Fortwest Capital
    Pine is building an autonomous digital agent that handles consumers' digital chores for individuals seeking to simplify their daily tasks.
96. Vyriad (vyriad.com) — Series B · $25M · Rochester, US. Investors: Regeneron Pharmaceuticals, Stine Seed, miraeasset
    Vyriad is a Med City biotechnology firm that uses viruses to attack cancer tumors and stimulate the immune system to destroy the cancer.
97. Vyriad Inc. (vyriad.com) — Series B · $25M
    Vyriad Inc. is building an in vivo CAR T candidate for patients with relapsed or treatment-refractory multiple myeloma.
98. Vital Lyfe (vital-lyfe.com) — Seed · $24M · Hawthorne, US. Investors: Also Capital, Cantos, General Catalyst, Generational Partners
    Vital Lyfe is building portable systems that can produce purified water from a range of natural sources for communities and organizations in need of reliable water access.
99. Simular (simular.ai) — Series A · $21.5M · San Francisco, US. Investors: Felicis, NVentures, South Park Commons
    Simular is building AI agents for Mac OS and Windows to autonomously complete complex tasks with minimal human intervention.
100. Snapmaker (snapmaker.com) — Series B · $21.4M · Shenzhen, CN. Investors: Ceyuan Ventures, Hillhouse Capital, Meituan, Meituan Longzhu
     Snapmaker is building a multifunctional 3D printing tool for creative professionals and hobbyists.

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