Series B Funding Announcements

Arkestro (formerly BidOps) raised a $36 million Series B, led by Altira Group and Aramco Ventures, with participation from previous existing NEA.

Medallion, a San Francisco-based back-office management automation company ... million in Series B funding led by Acrew Capital, with participation from Washington Harbour Partners, Sequo ... .

Kasa, a San Francisco-based provider of flexible accommodations, ... million in Series B funding led by Silver Lake Waterman.

Functionize, a software testing startup ... million in Series B funding led by Mumford Investments and LHH ... , with participation from insiders Canvas Ventures and Wipro ... .

Aalo Atomics, an Austin-based developer of modular nuclear plants for data centers, raised $100 million in Series B funding led by Valor Equity Partners, with participation from Fine Structure Ventures, Hitachi Ventures, NRG Energy, Vamos Ventures, Tishman Speyer, Kindred Ventures, 50Y, Harpoon Ventures ... .

Keychain, a New York-based ... million in Series B funding led by Wellington Management, with participation from Box Group.

SpinLaunch, a Long Beach, California-based developer of a low-orbit ... million in Series B funding led by ATW Partners, with participation from Kongsberg Defence and Aerospace.

Arkestro raised $36 million in Series B funding to enhance its AI-driven procurement platform.

Profound raised $35 million in Series B funding to enhance its AI-driven healthcare solutions.

SetPoint Medical raised $140 million in Series B funding to advance its bioelectronic medicine platform for chronic inflammatory diseases.