Alpaca, a San Mateo-based provider of brokerage infrastructure APIs, has raised a $150 million Series D round, valuing the company at $1.15 billion. The financing also includes a $40 million line of credit, strengthening Alpaca’s balance sheet as it expands its global regulatory and trading infrastructure. As part of the round, Drive Capital co-founder and partner Chris Olsen will join Alpaca’s board of directors. The new capital will support Alpaca’s […]

Boom Supersonic announced a $300 million Series B round led by Darsana Capital Partners, with participation from Altimeter Capital, ARK Invest, Bessemer Venture Partners, Robinhood Ventures and Y Combinator. The financing backs the company’s new Superpower natural-gas turbine business and provides a revenue stream to fund the development of its Overture supersonic airliner. Crusoe, an AI-focused data-center operator, became the launch customer, placing an order for 29 Superpower units that […]

Odys Aviation, a dual-use aviation company building hybrid-electric vertical take-off and landing (VTOL) aircraft, has raised $26 million in Series A funding. The round was led by Nova Threshold, with participation from Tuchen Ventures and key insiders. This investment will fuel full-scale U.S. flight testing of Odys’s flagship Laila aircraft, expand its engineering and certification teams, and prepare for the company’s first international operational launch in Q1 2026. Pioneering the […]

Stoke Space announced that it has closed a $510 million Series D round, led by Thomas Tull’s U.S. Innovative Technology Fund (USIT) and complemented by a $100 million debt facility from Silicon Valley Bank. The new financing more than doubles the company’s total capital raised to roughly $1 billion and will fund the next phase of Nova’s development, production scaling, and the activation of Launch Complex 14 at Cape Canaveral […]

Eight Sleep, the New York-based “sleep fitness” company, announced a $50 million Series D led by Tether Investments. The round values the startup at $1.5 billion, building on a cumulative capital base of more than $310 million. The cash infusion will fund the rollout of new AI-driven product lines, deeper international expansion, and the pursuit of FDA clearance for medical-grade sleep apnea solutions. Eight Sleep already ships its smart mattress […]

Alpaca, the self-clearing broker-dealer and brokerage infrastructure API, just announced a $52 million Series C funding round from its new office in Manhattan, New York. The funding round marks a major milestone for Alpaca as it continues its push toward global expansion and product innovation. The new cash injection will help the company build on its momentum, targeting both enterprise institutions and fintechs across the US, the Middle East, and […]