◆ Gimlet Labs Series B ($300M) leads the startup tape
The tape shows 1 priced round across the past 7 days, $300M in disclosed capital. Front of the tape: Gimlet Labs (Series B, $300M, led by Andreessen Horowitz). AI absorbed the most capital.
◆ Capital by Sector
Disclosed round capital in the window. Undisclosed amounts count as zero.
◆ Round Sizes
Disclosed rounds in the window · every bar opens the company's live page.
◆ The Funding Tape — Past 7 days
The tape shows 1 priced round across the past 7 days, $300M in disclosed capital. Front of the tape: Gimlet Labs (Series B, $300M, led by Andreessen Horowitz). AI absorbed the most capital.
Where the window's activity sits on the funding ladder: deal count (solid) against disclosed capital (faded) per stage, with the companies behind each cluster. Stages come from the reported round labels; undisclosed amounts count as zero capital.
The largest recent private rounds ($100M+) across the tracked book — 2030 ranked. Full board: quantlogix.ai/mega-rounds.
🎯 QL Score Movers
Biggest overnight changes in the graded company score — scores only move when disclosed data moves, and every repricing grades the score that was standing.
The Silicon Valley Private Market Daily — the 8pm PT desk close: qualified raises, roster re-rates and sector velocity from the QL private-market pipeline.
💰 Notable Raises
No newly closed rounds cleared verification in this window.
🔍 Reported, not yet verified
Nuclear startup Bluecore Energy — reported $50M Seed; details did not clear cross-source verification — held for manual review, excluded from the dataset.
Mistral AI — reported $3.5B Series D; details did not clear cross-source verification — held for manual review, excluded from the dataset.
Bluecore Energy — reported $50M Seed; details did not clear cross-source verification — held for manual review, excluded from the dataset.
📈 Valuation Watch (in-progress, not yet closed)
Cognition — raising ~$2B. A $2B injection at a $48B valuation confirms massive capital inflow into AI coding tools despite market skepticism regarding winner-take-all dynamics. _(in talks / not closed)_
📊 Valuation re-rates (roster marks that moved)
Instinct — $500M (2026-Q3) → $2.5B (+400%) on Series B led by Index Ventures / Benchmark (co-led).
Firmus Technologies — $5.5B (2026-Q1) → $10.5B (+91%) on Growth Equity led by Nvidia & Coatue.
Hadrian — $1.6B (2025-Q3) → $7.9B (+392%) on Series D led by JPMorgan Strategic Investment Group.
HappyRobot — $500M (2025-Q3) → $1.2B (+140%) on Series C led by Prysm Capital.
Owner — $1B (2025-Q2) → $2.3B (+130%) on Series D led by Growth Equity at Goldman Sachs Alternatives.
K2 Space — $3B (2025-Q4) → $6.8B (+127%) on Series D led by Kleiner Perkins / ICONIQ Capital.
Anthropic — $965B (2026-Q2) → $1000B (+4%) on Strategic Investment led by AMD.
Wonder — $7B (2025-Q2) → $9.7B (+38%) on Series D.
Baseten — $5B (2026-Q1) → $13B (+160%) on Series F led by Altimeter Capital, Conviction, Spark Capital.
Prometheus — $38B (2026-Q2) → $41B (+8%) on Funding led by Jeff Bezos.
Anduril Industries — $30.5B (2025-Q2) → $61B (+100%) on Series H led by Thrive Capital & Andreessen Horowitz.
Vapi — $130M (2024-Q4) → $500M (+285%) on Series B led by Peak XV Partners.
↑ Energy — $2.6B across 4 rounds / 4 companies (accelerating, 4 vs. 1 prior round). Top: Valar Atomics $1B (Series B).
✦ Technology — $1.4B across 6 rounds / 6 companies (new, new vs. a quiet prior window). Top: Battery Storage Startup Antora $550M (Series C).
✦ Defense / Industrials — $1.4B across 1 round / 1 company (new, new vs. a quiet prior window). Top: Hadrian $1.4B (Series D).
🚀 New / Stealth Companies
No fresh stealth intake surfaced this window.
🏦 Private-Market Fund Watch
No new fund registrations, launches, or portfolio changes cleared primary-source verification in this window.
📊 Robinhood Ventures Performance
RVI — $29.7 close (2026-09-08) · day +8.51% · since first available close (2026-03-06) +41.43% · NAV/premium-discount not published in today's qualified inputs.
RVII — $25 close (2026-09-08) · day 0% · since first available close (2026-08-13) +8.93% · NAV/premium-discount not published in today's qualified inputs.
🏛️ Institutional Ownership (13F)
RVI: no holders currently indexed in the curated top-manager 13F universe. The quarter-over-quarter read is BEARISH: 0 new, 0 increased, 0 decreased, and 1 exited (2026-03-31 → 2026-06-30). Coverage is filing-based and can lag quarter-end by up to 45 days.
RVII: no holders currently indexed in the curated top-manager 13F universe. Coverage is filing-based and can lag quarter-end by up to 45 days.
🧭 Macro read
The private market remains heavily concentrated in AI and clean energy, with multibillion-dollar rounds for infrastructure-focused players like Mistral AI ($3.5B) and Cognition ($2B) illustrating that capital remains abundant for established AI leaders. However, there is significant uncertainty regarding the sustainability of these record-breaking valuations, particularly as sector-specific support shows signs of fragility in ancillary areas like AI data center development.
🗂️ Dataset updated: no new closed rounds to add; list holds at 2,367.
[SEC Form 13F methodology](https://www.sec.gov/divisions/investment/13ffaq.htm)
◆ Markdown Watch
100 tracked names flagged for markdown risk — 122 scored nightly, 2245 left unscored (no comp bridge). Down rounds are recorded in the open ledger — receipts only work in public. Live boards: markdown-watch · down-round-ledger.
Click a column to sort · third click restores rank order
Gimlet Labs priced a Series B at $300M in AI. If you are raising in the same lane, that round is the live comp your next term sheet gets measured against.
AI is where the capital went
$300M of the window's disclosed capital landed in AI. Investor attention clusters — pitch where the momentum already is, or explain clearly why you sit outside it.
Watch the markdown ledger
100 tracked names sit on Markdown Watch — Linktree tops the board at 86/100 (High risk). Secondary pricing leads primary pricing — stale marks eventually clear, in one direction or the other.
◆ Outlook
Tomorrow’s edition re-reads the tape at 6:30am PT. Rounds land unevenly — judge the week, not the day.
QuantLogix briefings are educational market commentary generated from live data, not investment advice. Private-market figures come from public reporting and the QuantLogix private-company dataset; amounts and valuations are as-reported, not audited. Markets carry risk of loss.