No. 1
$53M
Amount raised
The Daily Raise/August 18, 2026
The Daily Raise
Tuesday, August 18, 2026
9 startup funding rounds surfaced since our last edition, $131.1M raised in total. Hopscotch Primary Care tops the day with $53M in Series D funding. The ranking runs all the way down to $1.4M, with startups from India, South Africa, United States, Australia.
The headliners
The rounds leading today's news · 5 rounds
No. 2
$20M
Amount raised
NeoGeo
Series A·Geospatial technology·India
NeoGeo is Builds geospatial platforms and analytics for governments and enterprise infrastructure.
NeoGeo will use its Series A funding to expand its platform, enter international markets, and strengthen its team and technical capabilities. The round was led by Neev II Fund, with participation from Aavishkaar Capital.
No. 3
$18.9M
Amount raised
Ampaire
Series B·aviation technology·Aug 18
Ampaire is Develops hybrid-electric retrofit propulsion systems for commercial aircraft.
Ampaire raised £14 million in Series B funding to commercialise its hybrid-electric aircraft propulsion systems and expand supply chain and manufacturing capabilities. The round was led by International Airlines Group (IAG) via IAGi Ventures, with participation from Alaska Airlines, DiamondStream Partners, other new and existing investors.
No. 4
$12.5M
Amount raised
Rezolv
Series A·Lending technology·India
Rezolv is Builds AI software automating lending workflows for banks and non-bank lenders.
Rezolv raised a Series A to expand AI capabilities and automate sales, underwriting, servicing, and collections for lenders. The round was led by Norwest, with participation from Vertex Ventures Southeast Asia and India, 3one4 Capital.
No. 5
$8.4M
Amount raised
Jem
Series A·Workforce management·South Africa
Jem is Provides workforce management and financial services to frontline workers.
Jem raised a USD 8.4 million Series A led by Quona Capital to expand its workforce management and financial services platform. The round was led by Quona Capital, with participation from University Technology Fund, E4E, Next176/FutureGrowth.
Rising rounds
Growth, Series A and everything in between · 4 rounds
No. 6
$6.5M
Amount raised
Synthefy
Seed·Artificial intelligence·United States
Synthefy is Develops foundation models trained on numerical data for enterprise prediction workloads.
Synthefy will use its seed funding to expand its foundation-model platform for numerical data and announced its Nori open-source model. The round was led by Wing Venture Capital, with participation from Haystack, Samsung Next, Canonical Crypto.
No. 7
$5.3M
Amount raised
Hypercubic
Seed·enterprise AI·Aug 18
Hypercubic is Uses AI agents to document and rewrite legacy COBOL applications.
Hypercubic raised $5.3 million in seed funding to use AI agents to map, document, and rewrite legacy COBOL applications. The round was led by CIV, with participation from Y Combinator, Afore Capital, Pioneer Fund.
No. 8
$5M
Amount raised
Grounded
Seed·Commercial vehicles·United States
Grounded is Customizes modular electric and combustion vans for commercial fleets.
Grounded closed a seed round and opened a Detroit manufacturing facility to scale vehicle-agnostic van customization. The round was led by Also Capital, with participation from The 81 Collection, Animal Capital, Michigan Outdoor Innovation Fund.
No. 9
$1.4M
Amount raised
Bower
Single sourcePre-Seed·laboratory technology·Australia
Bower is Develops smart glasses that document laboratory experiments and research decisions.
Bower raised a $2 million pre-seed round to develop smart glasses that digitize and make laboratory research searchable. The round was led by Yu Liu, with participation from Harry Uffindell, Dean Kelly, Bernhard Hans Weigl.
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