VC Deals

20th June 2025

• Elon Musk’s xAI in Talks to Raise $4.3B in Equity, Following $5B Debt Offering Plans. Pitchbook 

• European Defense Startup Helsing Secures $690M at $13.7B Valuation, Backed by Spotify CEO’s VC Firm. Pitchbook 

• Applied Intuition Raises $600M Series F at $15B Valuation in Round Led by BlackRock and Kleiner Perkins. VC Daily News

• Teamworks Lands $235M Series F at $1B+ Valuation to Expand Its Operating System for Sports Teams. VC Daily News

• Antares Therapeutics Launches with $177M Series A to Advance Precision Cancer Therapies. ExecSum 

• Coralogix Raises $115M Series E at $1B+ Valuation to Scale Observability and Security Platform. ExecSum 

• Mach Industries, a Fast-Rising Defense Tech Firm, Raises $100M at $470M Valuation from Khosla and Bedrock. TechCrunch 

• Corvia Medical Raises $55M to Advance Innovative Heart Failure Treatment Technologies. ExecSum 

• Ellipsis Health Secures $45M Series A to Grow Its AI-Driven Mental Health Platform. Pitchbook 

• Pano AI Raises $44M Series B to Scale AI-Powered Wildfire Detection System. Pitchbook