AI Megarounds Hit Spend Software, Databases and Defense
Saturday, June 6, 2026 · 9 min
Ramp, Supabase and Allen Control Systems raised $1.45 billion combined, showing venture money still crowding into AI infrastructure, enterprise automation and defense robotics while European AI seed funds also scale up.
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Ramp, Supabase and Allen Control Systems raised $1.45 billion combined, showing venture money still crowding into AI infrastructure, enterprise automation and defense robotics while European AI seed funds also scale up.
In this episode
- Ramp raises $750 million, plans AI spending software | American Banker — American Banker
Ramp raises $750 million, plans AI spending software | American Banker Agentic AI and Personalization # Ramp raises $750 million, plans AI spending software Published June 05, 2026, 5:10 p.m. EDT | Updated June 05, 2026, 5:31 p.m. EDT 2 Min Read Ramp co-founders (from left) Karim Atiyeh, Eric Glyman and Gene Lee. Ramp - Key insight: Ramp raised $750 million in a Series F funding round to…
- Supabase Raises $500M Series F at $10.5B Valuation as AI Coding Reshapes the Backend Stack – Unite.AI — Unite.AI
Supabase Raises $500M Series F at $10.5B Valuation as AI Coding Reshapes the Backend Stack – Unite.AI Supabase has raised a$500 million Series F round at a $10.5 billion post-money valuation, marking one of the clearest signs yet that the AI coding boom is changing not just how software is written, but what infrastructure developers choose to build on. The round was led by GIC, with…
- Allen Control Systems Raises $200 Million Series B at $2.2 Billion Post-Money Valuation to Scale Manufacturing and Accelerate Deployment of Bullfrog | Morningstar — Morningstar
Allen Control Systems Raises $200 Million Series B at $2.2 Billion Post-Money Valuation to Scale Manufacturing and Accelerate Deployment of Bullfrog | Morningstar Allen Control Systems Raises $200 Million Series B at $2.2 Billion Post-Money Valuation to Scale Manufacturing and Accelerate Deployment of Bullfrog ACS’s Autonomous Weapon Station Selected by U.S. and Allied Militaries Allen Control…
- Insurtech Pace raises $46 mn Series B for AI insurance operations — Beinsure
Insurtech Pace raises $46 mn Series B for AI insurance operations # Insurtech Pace raises $46 mn Series B for AI insurance operations Jun 05, 2026 4 min - Insurance News - Investing News - 🇺🇸 US Insurance News Pace, an AI operations partner for insurers, has raised $46 mn in Series B funding to expand its agentic workforce across insurance operations. Thrive Capital and Sequoia Capital…
- Merantix Capital Closes €103M Fund for European AI | Fund Momentum — Fund Momentum
Merantix Capital Closes €103M Fund for European AI | Fund Momentum ## TL;DR Merantix Capital, the investing arm of Berlin's Merantix AI group, has closed a €103 million fund to back early-stage, AI-native teams across Europe. It is the firm's largest vehicle to date — roughly three times the size of its first fund, a venture-studio-only vehicle publicly reported at €30-35 million — and it is…