The Daily Raise/August 20, 2026

The Daily Raise

Thursday, August 20, 2026

7 startup funding rounds surfaced since our last edition, $265.7M raised in total. Cityblock Health tops the day with $116M in Series E funding, led by General Catalyst. The ranking runs all the way down to $1.2M, with startups from United Kingdom, Sweden, India, Lithuania.

The headliners

The rounds leading today's news · 5 rounds

No. 1

$116M

Amount raised

Cityblock Health

Series E·healthcare·Aug 20

Cityblock Health is Provides value-based healthcare to underserved Medicaid and Medicare populations.

Cityblock Health raised a $116 million Series E led by General Catalyst alongside its all-stock acquisition of Homeward Health. The round was led by General Catalyst.

details

No. 2

$100.2M

Amount raised

Callosum

Seed·Artificial intelligence infrastructure·United Kingdom

Callosum is Routes AI tasks across models and chips to reduce computing costs.

Callosum closed a seed round led by Atomico to build systems software that matches AI tasks with suitable models and chips. The round was led by Atomico, with participation from Plural, DCVC, UK Sovereign AI Fund.

details

No. 3

$20M

Amount raised

Twin1 AI

Seed·Aug 20

Twin1 AI announced a $20 million seed funding round.

details

No. 4

$15.5M

Amount raised

Pixelgen Technologies

Series B·life sciences·Sweden

Pixelgen Technologies is Develops tools for mapping molecular cell architecture at nanoscale resolution.

Pixelgen Technologies closed an oversubscribed Series B to accelerate global commercialization of its Proxiome Kit, expand into key markets and grow its team and product portfolio. The round was led by Flat Capital, with participation from Industrifonden, Navigare Ventures.

details

No. 5

$7M

Amount raised

Peeko

Quick commerce·India·Aug 20

Peeko is Delivers babycare products from dark stores within approximately 60 minutes.

Peeko raised $7 million led by Chiratae Ventures to fund expansion, technology development and hiring. The round was led by Chiratae Ventures, with participation from Stellaris Venture Partners.

details

Rising rounds

Growth, Series A and everything in between · 2 rounds

No. 6

$5.8M

Amount raised

Velatir

AI infrastructure·Aug 20

Velatir is Provides compliant infrastructure for safely controlling and scaling workplace AI use.

Velatir raised €5 million to expand across Europe and compete for regional talent, with Spintop Ventures and Ugly Duckling Ventures co-leading. The round was led by Spintop Ventures, with participation from Ugly Duckling Ventures, Norrsken Evolve, Jan Oberhauser.

details

No. 7

$1.2M

Amount raised

Guideless

Pre-Seed·Artificial intelligence·Lithuania

Guideless is Uses AI to create editable narrated software training and workflow guides.

Guideless raised pre-seed funding led by Superhero Capital to develop its AI training platform and expand internationally. The round was led by Superhero Capital, with participation from FIRSTPICK VC, Thomas Plantenga, Vytautas Atkočaitis.

details

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