Startup Fundraising

Mega-rounds hit prevention, AI chips and synthetic users

Friday, July 31, 2026 · 10 min

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Function Health and Xsight Labs led a mega-round day, with $450 million for preventive care and $300 million for AI networking chips, while Simile’s $200 million Series B and Generalist AI’s talks show investors still chasing AI infrastructure and robotics.

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Function Health and Xsight Labs led a mega-round day, with $450 million for preventive care and $300 million for AI networking chips, while Simile’s $200 million Series B and Generalist AI’s talks show investors still chasing AI infrastructure and robotics.

In this episode

  1. Function Health nets $450M from General Catalyst to prove preventive care is cheaper than waiting to get sick — TFN — Tech Funding News

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  2. Programmable networking chip startup Xsight Labs raises $300M - SiliconANGLE — SiliconANGLE

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  3. Simile bags $200M at $2B, five months after $100M Series A, to predict what humans will do before AI gets it wrong — TFN — Tech Funding News

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  5. British defence startup Agon creating virtual battlefields to combat drone attacks launches, raising $30M  - Tech.eu — Tech.eu

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