The Daily Raise/August 5, 2026

The Daily Raise

Wednesday, August 5, 2026

7 startup funding rounds surfaced since our last edition, $595.8M raised in total. Volta tops the day with $300.2M, led by Azora. The ranking runs all the way down to $1.1M, with startups from United Kingdom, United Arab Emirates, India, United States.

The headliners

The rounds leading today's news · 5 rounds

No. 1

$300.2M

Amount raised

Volta

AI infrastructure·United Kingdom·Aug 5

Volta is Builds vertically integrated cloud and infrastructure for artificial intelligence compute.

Volta emerged from stealth after raising €259.8 million across seed and Series A rounds to develop AI infrastructure and compute facilities. The round was led by Azora, with participation from Andreessen Horowitz, Altimeter, NVIDIA.

details

No. 2

$250M

Amount raised

Moove

Series C·mobility·United Arab Emirates

Moove is Operates ride-hailing fleets, vehicle financing, and autonomous robotaxi services.

Moove raised $250 million in Series C funding led by Mubadala Investment Company to scale its ride-hailing and autonomous vehicle business. The round was led by Mubadala Investment Company, with participation from Woven Capital, Ion Pacific.

details

No. 3

$27M

Amount raised

InRisk Labs

Series A·Insurtech·India

InRisk Labs is Builds risk intelligence and reinsurance technology for insurance markets.

InRisk Labs will deploy its Series A capital across underwriting, actuarial, catastrophe modelling, AI, and reinsurance expansion. The round was led by Bessemer Venture Partners, with participation from Northpoint Capital.

details

No. 4

$8M

Amount raised

Pinegap

Series A·Artificial intelligence·United States

Pinegap is AI platform automating institutional equity research workflows for investment funds.

Pinegap raised a Series A to support go-to-market and sales, expand engineering, and build an in-house equity research analyst team. The round was led by Stellaris Venture Partners, with participation from Inventus, Silicon Valley Quad, DeVC.

details

No. 5

$6.9M

Amount raised

conmeet

Seed·Construction technology·Germany

conmeet is AI operating system unifying construction project, procurement, scheduling, and finance workflows.

conmeet raised an oversubscribed €6 million seed round to expand across the DACH region, develop its AI platform, and grow its team. The round was led by Reimann Investors Venture Capital, with participation from Smedvig Ventures, May Ventures.

details

Rising rounds

Growth, Series A and everything in between · 2 rounds

No. 6

$2.6M

Amount raised

Hulp

Seed·Personal assistance·India

Hulp is Provides AI-supported personal assistance and concierge services for urban households.

Hulp will use its seed funding to expand AI workflows, strengthen leadership, and improve its technology and product. The round was led by Sparrow Capital, with participation from BITKRAFT Ventures, DeVC (Z47), Yashish Dahiya.

details

No. 7

$1.1M

Amount raised

Vingo

Seed·Consumer marketplace·India

Vingo is Operates a marketplace for buying and selling pre-owned products.

Vingo raised seed funding to improve its product, trust and payment infrastructure, user research, and marketing. The round was led by IndiaQuotient, with participation from Inuka Capital, Rishabh Goel.

details

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