High Startup and Tech Funding Information – August 11, 2025

It’s Monday, August 11, 2025 — and we’re again with a recent spherical of startup and tech funding news updates from throughout the globe. As we speak’s capital stream spans high-stakes biotech launches, multi-billion-dollar fintech financing, and bold performs in rare-earth manufacturing, AI automation, aerospace, and Africa’s fast-growing meals supply market. From billion-dollar debt raises to nimble Collection A bets, traders are backing founders tackling essential provide chains, healthcare entry, and digital transformation at scale.

Funding Highlights

The lineup contains SetPoint Medical’s $140 million push to carry a breakthrough neuroimmune remedy for rheumatoid arthritis to U.S. sufferers, IntraFi’s $2 billion leveraged mortgage to strengthen banking liquidity, and Vulcan Parts’ $65 million Collection A to onshore rare-earth magnet manufacturing. We additionally see momentum in rising markets with Truemeds increasing inexpensive healthcare throughout India, Chowdeck scaling meals supply in Africa, and Graas.ai automating e-commerce with AI brokers. Aerospace and sports activities betting are within the combine too, with JEH Aerospace and Novig elevating progress capital to increase their footprint.

Investor Exercise

Investor participation cuts throughout continents — from Altimeter Capital and Forerunner Ventures to Accel, Peak XV Companions, and Novastar Ventures — reflecting a broad conviction in options that handle each world infrastructure gaps and next-generation client experiences.

As we speak’s offers provide a snapshot of the market’s present priorities: strategic provide chain management, healthcare value discount, operational automation, and tech-enabled platforms that problem incumbents.

Right here’s the complete breakdown.

SetPoint Medical Raises $140M in Funding to Launch Rheumatoid Arthritis Remedy

SetPoint Medical, a California-based biotech, has secured $140 million in private financing to propel the U.S. launch of its novel neuroimmune remedy for rheumatoid arthritis. The corporate’s FDA-approved SetPoint System makes use of focused vagus nerve stimulation to regulate irritation, providing a substitute for broad immunosuppressant medicine.

This hefty capital infusion, co-led by new healthcare-focused traders, will fund the commercialization of SetPoint’s bioelectronic remedy and gas growth of therapies for different autoimmune ailments. The spherical’s completion (spanning a ultimate Collection C tranche and a big Collection D) underscores robust investor confidence in SetPoint’s potential to rework autoimmune care.

Funding Particulars:

• Startup: SetPoint Medical

• Buyers: Elevage Medical Applied sciences (co-lead), Ally Bridge Group (co-lead), Northwell Well being, SPRIG Fairness, with returning backers together with Norwest Enterprise Companions, New Enterprise Associates (NEA), and Viking World Buyers.

• Quantity Raised: $140 million

• Complete Raised: Not disclosed

• Funding Stage: Collection D (plus extension of Collection C)

• Funding Date: August 11, 2025

IntraFi Raises $2B in Debt Deal to Bolster FinTech Liquidity

IntraFi, a Washington, D.C.-based fintech identified for its financial institution deposit community, secured $2 billion by a leveraged mortgage transaction orchestrated by Wall Avenue banks. The sizable debt financing, led by Morgan Stanley and a consortium of main banks, supplies IntraFi with ample capital to refinance current obligations and return money to its personal fairness house owners. The deal — a win for conventional banks over personal credit score lenders — alerts robust institutional help for IntraFi’s mannequin of connecting monetary establishments to handle liquidity. With this funding, IntraFi is positioned to boost its companies that assist banks safely increase deposits and fund loans throughout the U.S. banking system.

Funding Particulars:

• Startup: IntraFi

• Buyers: Morgan Stanley (lead arranger) and a syndicate of main Wall Avenue banks offering the debt financing

• Quantity Raised: $2 billion

• Complete Raised: Not disclosed (debt financing)

• Funding Stage: Debt Financing (Leveraged Mortgage)

• Funding Date: August 11, 2025

Truemeds Raises $85M Collection C Funding to Broaden Reasonably priced Healthcare in India

Truemeds, a Mumbai-based e-pharmacy and telehealth startup, has raised $85 million in Series C funding to speed up its push into India’s smaller cities and cities. The spherical was accomplished in two tranches — initially led by Accel and subsequently by Peak XV Companions (previously Sequoia India) — with continued help from WestBridge Capital and Information Edge Ventures.

Based in 2019 by Akshat Nayyar and Dr Kunal Wani, Truemeds has constructed a fast-growing platform that helps sufferers save on prescription prices by switching to secure, low-cost generic medicines. With this new capital, the six-year-old firm plans to triple its attain nationwide by including success facilities in high-demand areas, hiring high engineering expertise, and opening a brand new know-how hub in Bengaluru. The funding quadruples Truemeds’ valuation from its final spherical, reflecting investor optimism in its inexpensive healthcare mannequin.

Funding Particulars:

• Startup: Truemeds

• Buyers: Accel (lead – first tranche), Peak XV Companions (lead – second tranche), WestBridge Capital, Information Edge Ventures

• Quantity Raised: $85 million

• Complete Raised: ~$113 million to this point

• Funding Stage: Collection C

• Funding Date: August 11, 2025

Vulcan Parts Raises $65M in Collection A Funding to Onshore Uncommon-Earth Magnets

Vulcan Parts, a North Carolina-based producer of rare-earth magnets, raised $65 million in Collection A funding at a $250 million valuation to scale up U.S. manufacturing of this essential know-how. The spherical was led by Altimeter Capital, with participation from One Funding Administration, 1789 Capital, Ibex Buyers, and NVP Capital, amongst others.

Based in 2023, Vulcan goals to determine a home provide of high-performance magnets utilized in every thing from electrical automobiles and drones to protection techniques. The brand new funding will finance a large-scale manufacturing facility able to producing a whole bunch of tons of magnets yearly inside just a few years. Vulcan’s progress comes amid a nationwide push to onshore provide chains and scale back reliance on Chinese language rare-earth supplies — a strategic transfer for each industrial innovation and nationwide safety.

Funding Particulars:

• Startup: Vulcan Parts

• Buyers: Altimeter Capital (lead), One Funding Administration, 1789 Capital, Ibex Buyers, NVP Capital, amongst others

• Quantity Raised: $65 million

• Complete Raised: $65 million (first main spherical)

• Funding Stage: Collection A

• Funding Date: August 11, 2025

Novig Lands $18M in Funding to Shake Up Sports activities Betting Market

Novig, a New York-based peer-to-peer sports activities betting startup, has raised $18 million in Collection A funding to increase its zero-commission wagering platform. The spherical was led by Forerunner Ventures, a outstanding client tech investor, with follow-on participation from prior backers together with Y Combinator, NFX, Perceptive Ventures, and Gaingels.

Novig’s market permits customers to guess immediately towards one another, eliminating the “vig” (home charge) that conventional sportsbooks cost. Launched in late 2024, the platform has gained traction with its free-to-play and real-money betting choices that promise higher odds for sports activities followers. The recent capital will assist Novig develop its consumer base and roll out into new U.S. states because it seems to be to undercut incumbent bookmakers and modernize the sports activities betting expertise.

Funding Particulars:

• Startup: Novig

• Buyers: Forerunner Ventures (lead), Y Combinator, NFX, Perceptive Ventures, Gaingels, and angel investor Joe Montana (by way of Liquid 2 Ventures)

• Quantity Raised: $18 million

• Complete Raised: $24.4 million

• Funding Stage: Collection A

• Funding Date: August 11, 2025

JEH Aerospace Secures $11M in Collection A Funding for Tech-Pushed Manufacturing

JEH Aerospace, an Atlanta and Hyderabad-based aerospace manufacturing startup, has raised $11 million in a Series A round to ramp up its high-tech manufacturing of plane parts. The funding was led by Elevation Capital, attracted by JEH’s capacity to mix superior software program automation with deep manufacturing know-how.

Co-founders Vishal R. Sanghavi and Venkatesh Mudragalla — who beforehand ran Lockheed Martin’s joint ventures in India — launched JEH to alleviate provide chain bottlenecks within the aerospace business. In simply 18 months since its seed spherical (backed by Basic Catalyst), JEH has constructed a 60,000 sq. ft. sensible manufacturing unit in Hyderabad and secured over $100 million in contracts. With the brand new funding, the corporate is scouting U.S. places for a serious manufacturing facility and goals to set new requirements for environment friendly, end-to-end digital manufacturing of aerospace elements.

Funding Particulars:

• Startup: JEH Aerospace

• Buyers: Elevation Capital (lead)

• Quantity Raised: $11 million

• Complete Raised: Not disclosed

• Funding Stage: Collection A

• Funding Date: August 11, 2025

Chowdeck Raises $9M in Collection A Funding to Scale African Meals Supply

Chowdeck, a Lagos-based meals supply startup, has raised $9 million in Series A funding to speed up its enlargement throughout Nigeria and Ghana. Remarkably, Chowdeck has already achieved profitability in Africa’s notoriously powerful meals supply market by specializing in native meals and operational effectivity. The brand new spherical was led by Novastar Ventures, with participation from Y Combinator, AAIC Funding, Insurgent Fund, GFR Fund, Kaleo, HoaQ, and others.

The recent capital will assist Chowdeck launch a quick-commerce providing for groceries and necessities, backed by a community of darkish shops to allow ultra-fast supply. Based in 2021, Chowdeck now operates in 11 cities with 1.5 million clients and over 20,000 supply riders. With plans to open dozens of micro-fulfillment facilities, the corporate goals to develop into Africa’s main tremendous app for meals and on a regular basis objects.

Funding Particulars:

• Startup: Chowdeck

• Buyers: Novastar Ventures (lead), Y Combinator, AAIC Funding, Insurgent Fund, GFR Fund, Kaleo, HoaQ, and others

• Quantity Raised: $9 million

• Complete Raised: ~$11.5 million (together with prior seed spherical)

• Funding Stage: Collection A

• Funding Date: August 11, 2025

Graas.ai Nets $9M in Funding to Automate E‑commerce with AI Brokers

Graas.ai, an AI-driven information and automation startup for on-line retail, has raised $9 million in a pre-Collection B spherical to advance its “agentic” e-commerce platform. The funding was led by Tin Males Capital, with participation from InCred Wealth, Orzon Ventures, and returning traders Integra Companions and Yuj Ventures.

Graas (quick for “Development-as-a-Service”) supplies an AI-powered stack that helps e-commerce companies optimize operations — from buyer acquisition prices and pricing to stock administration — utilizing autonomous software program brokers. The recent funds will gas the rollout of Agent Foundry, Graas’s proprietary surroundings for constructing and deploying these AI brokers at scale in India and Southeast Asia. By addressing key ache factors in on-line retail profitability, Graas.ai goals to allow extra retailers to develop effectively within the aggressive e-commerce panorama.

Funding Particulars:

• Startup: Graas.ai

• Buyers: Tin Males Capital (lead), InCred Wealth, Orzon Ventures, Integra Companions, Yuj Ventures

• Quantity Raised: $9 million

• Complete Raised: ~$49 million

• Funding Stage: Pre-Collection B

• Funding Date: August 11, 2025

Tech Funding Abstract Desk