The Weekly Notable Startup Funding Report: 6/29/26

The weekly funding roundup for the period ending June 27, 2026, highlights more than $4.5 billion in capital deployed across multiple U.S. venture-stage companies, led by a blockbuster $1.5 billion round for Baseten and several sizeable rounds across AI, healthcare and infrastructure startups. Notable financings include Baseten ($1.5B), Peregrine Technologies ($250M), Cosm ($100M), Cadence Solutions ($100M) and a continued flow of mid- and late-stage rounds such as Taktile ($110M) and Runpod ($100M). Wilmington-based Wellbees, a B2B employee wellbeing platform founded in 2021, has raised a total of $6.8 million in equity and counts 212, Arya Ventures, A-typical Ventures and Qatar Development among its backers.

"Provides inference infrastructure for deploying, scaling, and optimizing AI models across production workloads, with tools for model APIs, training, custom deployments, and high-performance runtimes."

Context and notable rounds

• Baseten — $1.5B: San Francisco-based Baseten, founded in 2019 by Amir Haghighat, Pankaj Gupta, Philip Howes and Tuhin Srivastava, raised $1.5 billion in a round that brings its total equity funding to $2.1 billion. The company "provides inference infrastructure for deploying, scaling, and optimizing AI models across production workloads," and is backed by a long list of strategic and institutional investors including Greylock, Battery Ventures, IVP and Wellington Management.
• Peregrine Technologies — $250M: The San Francisco public safety data and analytics platform, founded by Ben Rudolph and Nick Noone in 2018, added $250 million, bringing total equity raised to $500.1 million. Its investor roster includes Sequoia Capital and a mix of growth-oriented firms.
• Cosm — $100M: Los Angeles-based Cosm, founded by Jeb Terry in 2020, secured $100 million for its immersive entertainment venues and shared-reality technology, lifting its total equity to $350 million and attracting strategic backing from Sony Pictures Entertainment.
• Cadence Solutions — $100M: The New York clinical AI and remote care platform founded by Christopher Altchek and Kareem Zaki in 2020 raised $100 million to expand chronic care and remote monitoring capabilities, taking its total equity to $241 million with investors including B Capital, Coatue and General Catalyst.
• Taktile — $110M and Runpod — $100M: Taktile (financial decisioning) and Runpod (cloud GPU infrastructure) raised $110 million and $100 million, respectively, reflecting ongoing investor interest in fintech infrastructure and compute stacks for AI workloads.
• Netris — $15M: Santa Clara-based Netris, an AI network automation provider for GPU clouds and data centers founded in 2017, raised $15 million and has now raised $22.3 million in total equity, with Andreessen Horowitz among its backers.
• Wellbees — $6.8M total: Wilmington-based Wellbees, founded by Kerem Gonulkrmaz, Melis Abacioglu and Secil Mercan in 2021, offers personalized wellness programming, engagement tools, analytics and mental health support to employers. The startup has $6.8 million in cumulative equity funding and is backed by investors including 212, Arya Ventures, A-typical Ventures and Qatar Development.

Outlook

Investors continue to concentrate large pools of capital into companies that enable AI deployment, healthcare automation and infrastructure for compute-heavy workloads, while also sustaining interest in vertical applications such as employee wellbeing and public safety analytics. The mix of mega-rounds and targeted growth financings suggests the market remains willing to underwrite both platform plays (inference and compute) and specialized enterprise solutions that can demonstrate near-term revenue and operational leverage. For startups like Wellbees, the challenge and opportunity will be converting smaller equity bases into scalable enterprise contracts as corporate demand for integrated wellbeing and mental health services grows.