Mega Round: Preventive Health Hits a New High
The headline raise of the day belongs to Neko Health, the Stockholm-based preventive health scanning company co-founded by Spotify's Daniel Ek. The company closed a $700M Series C led by Lightspeed Venture Partners and co-led by O.G. Venture Partners, with the capital earmarked for US expansion, including new clinics in New York and other cities. It is one of the largest European healthtech rounds of the year and a strong signal that preventive medicine is attracting serious institutional conviction.
Late-Stage and Unicorn Milestones
- Emergent, an AI startup, crossed the unicorn threshold with a $130M Series C, bringing its total raised to $230M across three rounds. The company plans to deploy the capital on hiring across the US and India and accelerating go-to-market efforts.
- udaan, the IPO-bound Indian eB2B platform, secured $160M in a mixed financing round combining fresh equity, debt, and conversion of existing debt into equity.
- Humanoid, a European robotics company, is in talks with Aramco to raise a round at a unicorn valuation, according to an exclusive report from Sifted. No deal has closed yet.
Growth-Stage Raises Worth Watching
- Monumental, the Amsterdam-based construction robotics company founded by Palantir alumni, raised $32M in a Series B led by Khosla Ventures. Funds will go toward scaling robot deployments, expanding the range of automated construction tasks, and entering the US market.
- Syntetica, backed by EQT, raised $30M with participation from Lululemon, an unusual pairing that points to growing corporate interest in materials or supply chain innovation.
- Open Secret, an Indian healthy snacks brand, raised over $6M (Rs 50 Cr) to expand offline retail and deploy AI across its supply chain.
Early-Stage and Seed Activity
- Saible, a UK construction fintech addressing late payments for suppliers, raised $4M (£2.9M) from angel investors.
- Float, a Stockholm-based revenue-based financing platform for tech SMEs, closed a $5M (€4.5M) Series A led by CHAPTERS Group AG.
- Mio, a Paris-based AI workplace startup building an assistant that operates inside Slack, raised $2M (€1.9M) in a pre-seed round co-led by Fabric.vc and Topology.vc.
- Nous, an Italian functional ingredients company, raised $3M (€2.3M) at the seed stage to commercialize its Koncentra product line.
Fund Closes and LP Activity
- Norrsken Evolve, the Swedish pre-seed fund focused on climate, health, and resilience, closed at $70M (€62M), well above its initial €40M target, and is formalizing a base at Norrsken House Amsterdam.
- Soho Square Capital Fund II received a cornerstone commitment of $65M (€58M) from the British Business Bank, joined by unnamed US institutional investors, targeting established UK SMBs.
- Buenavista Equity Partners secured €75M in institutional commitments from Fond-ICO Global for its third buyout fund, focused on Spanish mid-market companies.
- Greylock capped its new fund at $1.5B, deliberately leaving capital on the table to maintain a concentrated portfolio of roughly 25 investments per fund.
- SuperCharger Ventures launched Fund I to back edtech and future-of-work startups at the pre-seed and seed stage globally.
Macro Context: M&A and Sector Trends
Beyond individual raises, two broader stories deserve attention. Stripe and Advent International are reportedly in talks to acquire PayPal in a deal valued at over $53B, a move that would reshape the payments landscape considerably. Separately, Crunchbase data shows fintech venture funding climbed nearly 23% year over year in the first half of 2026, even as deal count fell more than 25%, confirming that investors are concentrating larger bets on fewer companies in AI-adjacent financial infrastructure.
Today's raises reflect a market that is bifurcating quickly. Capital is concentrating at the top, with Neko Health and Emergent commanding outsized rounds, while seed activity remains healthy for founders with clear product differentiation. The crossover of corporate strategics like Lululemon and Aramco into venture deals also suggests that large incumbents are using startup funding as an early signal of where supply chains and industrial automation are heading next.