Angle Health, a Y Combinator alum from 2020 that helps small businesses manage level-funded health plans, announced a $200 million Series C round plus a $400 million tender offer allowing employees to sell shares. The round, valuing the company at $2.7 billion, was led by Vitruvian Partners with participation from Town Hall Ventures, Blumberg Capital, Portage Ventures, PruVen Capital, and Y Combinator, and is expected to close later this month. Angle says it now serves over 5,000 businesses and is profitable.
techcrunch.com
· 2026-09-18
Defense tech startup Mach Industries raised $600 million in a Series C extension, pushing its valuation to $3.7 billion just three months after a $300 million round valued it at $1.8 billion. Backers in both rounds include Ribbit Capital, Infinite Capital, Bedrock Capital and Sequoia. The company makes unmanned military vehicles, including VTOL drones, long-range strike systems and counter-drone tech, from its Huntington Beach, California facility.
techcrunch.com
· 2026-09-10
French startup The Exploration Company, led by Helene Huby, closed a record $450 million Series C funding round to advance its Nyx cargo capsule, a future crewed spacecraft, and plans for a reusable heavy-lift rocket. Huby says the company aims to test a 400,000-pound-thrust methane engine by 2028 and fly the new launcher by 2033, with further fundraising expected once key technical milestones are hit.
science.slashdot.org
· 2026-09-10
The Exploration Company, led by CEO Hèlene Huby, closed a $450 million Series C funding round, the largest such raise by any European space firm and reportedly the biggest ever for a female-led company in Europe. Huby was also named an envoy at France's International Space Summit, appearing alongside astronaut Thomas Pesquet as a prominent voice in European space policy.
arstechnica.com
· 2026-09-09
European space startup The Exploration Company has secured $450 million in a Series C round, which it calls the largest ever raised by a European space company. The Germany-based firm, led by former Airbus and ArianeGroup executive Hélène Huby, plans to use the funds to develop a reusable heavy-lift launcher aimed at rivaling SpaceX. The company says it already has 10 missions booked and over $2 billion in contracts, including commitments from the European Space Agency and NASA.
techcrunch.com
· 2026-09-08
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