Venture capital activity reached over $1.51 billion across 10 major startups in the last 24 hours. Investors are prioritizing AI infrastructure and specialized technologies in healthcare and energy.
Modal secured $750 million in Series D funding at a $15.75 billion valuation. The company reported an annualized revenue run rate exceeding $1 billion, with its Sandboxes product reaching $300 million.
Biotech firm OMass Therapeutics raised $310 million to advance clinical trials for hormonal and autoimmune treatments. European energy-storage provider Skeleton Technologies raised over $100 million in a Siemens-led round.
Additional funding rounds include Salience Labs with $125 million for optical networking chips, Labelbox with over $100 million for AI agents, and Harmonic Security with $50 million. Duvo, Scimplify, and Tamr also secured capital.
France-based Dougs raised €50 million for AI-driven accounting services. These investments reflect a shift toward financing systems that ensure reliable AI deployment, data accuracy, and operational security.
