Startup Funding Tracker — 2026-06-13

Top Confirmed Rounds

The most recent 24-hour period reflects maturation of mega-round activity. Based on available sources, here are the largest confirmed deals announced or closing in the past two days:

Deal Spotlights

NinjaOne — $400M Late-Stage Financing

• Investors: Multiple participants; round leadership not fully disclosed in available sources
• Use of proceeds: NinjaOne, an enterprise IT management platform, will deploy capital toward product development, sales, and international expansion to compete with larger IT ops platforms in the mid-market segment.
• Why it matters: At $400M, NinjaOne represents the week's largest U.S. deal, signaling sustained investor appetite for enterprise software even amid macro uncertainty. The round underscores strong demand for cloud-native IT operations solutions targeting SMBs and mid-market firms.
• Valuation: Undisclosed in available reports

Digital Asset — $355M Series D

• Investors: Andreessen Horowitz (a16z), leading a crypto-focused consortium; prior investors also participated
• Use of proceeds: Funds will accelerate development of the Canton Network, a blockchain-native enterprise platform designed for fintech and capital markets use cases, enabling tokenization and smart contract workflows at institutional scale.
• Why it matters: a16z's leadership of a $355M round into Digital Asset signals renewed institutional crypto conviction despite past market volatility. The deal reflects growing enterprise demand for blockchain interoperability solutions targeting regulated financial services.
• Valuation: Not disclosed

Contraline — $92.5M Series B

• Investors: Multiple participants; lead not fully identified in available sources
• Use of proceeds: Contraline is a women's health biotech; capital will fund clinical development and commercialization of novel non-hormonal contraceptive technologies.
• Why it matters: At $92.5M, this represents continued strong biotech funding despite sector volatility. Women's health and contraceptive innovation remain priority areas for VCs seeking to capture underserved market segments.
• Valuation: Undisclosed

Sector Snapshot

• Enterprise Software & Cloud: NinjaOne's $400M round and continued demand for IT operations platforms reflect investor confidence in software solutions for SMBs and mid-market firms managing hybrid and cloud infrastructure.

• Blockchain & Crypto Infrastructure: Digital Asset's $355M a16z-led round signals institutional renewed confidence in enterprise blockchain. Canton Network development targets capital markets and fintech tokenization use cases.

• Biotech & Healthcare: Ona ($86.6M) and Contraline ($92.5M) Series B rounds underscore sustained investor appetite for women's health, diagnostics, and therapeutics innovation, even as macro conditions remain selective.

• AI-Powered Fintech & Wealth Management: WealthReach's $1M seed round, backed by Cecure Corporation, reflects early-stage interest in AI-driven wealth advisory and RIA (Registered Investment Advisor) tooling.

IPO & M&A Watch

SpaceX IPO Prices on June 11, Debuts June 12, 2026

• Action: SpaceX priced its IPO after market close on June 11 and made its Nasdaq debut on June 12 under ticker symbol SPCX.
• Amount & Valuation: Seeking to raise approximately $75 billion at a post-money valuation reportedly exceeding $1 trillion (inclusive of February 2026 all-stock acquisition of xAI, which valued the combined entity at ~$1.25 trillion and xAI alone at ~$250 billion).
• Significance: SpaceX's IPO is one of the largest in recent years and signals strong institutional appetite for space, satellite, and aerospace innovation. The deal attracted over $250 billion in investor demand—roughly 3.5–4× the offering size—underscoring exceptional demand. Integration with xAI positions SpaceX as a vertical player in AI infrastructure for satellite communications and edge computing.
• Investor Demand: Over $250 billion in bids reported by June 9, 2026.

SpaceX–xAI Integration & Voting Control

• Action: SpaceX acquired Musk's AI startup xAI in an all-stock transaction completed in February 2026.
• Deal Terms: Combined entity valued at ~$1.25 trillion; xAI valued at ~$250 billion; SpaceX at ~$1 trillion pre-transaction.
• Significance: Integration creates a unique combination of satellite/space infrastructure with generative AI capabilities, positioning the combined entity for dominance in AI-powered satellite communications, ground stations, and edge compute. Musk and insiders retain dominant voting control post-IPO via dual-class share structure.

Notable Rumors (Unconfirmed)

No new 'in talks' deals with named sources emerged in the past 24 hours that meet publication freshness criteria. Focus remains on SpaceX IPO execution and enterprise software/biotech M&A normalization.

What to Watch Next

• SpaceX Trading & Valuation Stabilization (June 12–14): Monitor SPCX's first-week close price and trading volume to assess whether the $1T+ valuation holds and how satellite/AI narrative resonates with public markets. Lock-up expirations for early investors and insiders will be a key catalyst 6 months out.

• Enterprise Software M&A Wave: NinjaOne's $400M close may trigger follow-on rounds in IT ops, cloud security, and SMB-focused SaaS as PE and strategic buyers accelerate M&A targeting venture-backed software companies valued $1–5B.

• Biotech Series C/D Momentum: Ona and Contraline's Series B closes position both for Series C rounds in Q3 2026, especially if clinical data or regulatory milestones accelerate. Watch for pharma/medtech strategic interest in women's health.

Reader Action Items

• For founders: SpaceX's oversubscribed IPO and enterprise software mega-rounds signal sustained investor appetite for mission-critical infrastructure and platform scaling. If you're pre-Series A or early Series A in enterprise SaaS or aerospace/satellite tech, now is a strong window for outbound fundraising given recent close activity and IPO momentum. Conversely, if your target sector is crowded (e.g., consumer AI, web3 gaming), tighten your unit economics narrative before pitching.

• For investors: Digital Asset's $355M a16z-led round and SpaceX's $1T+ public entry validate institutional conviction in infrastructure plays (blockchain, satellite, space). Consider whether your portfolio is sufficiently weighted toward secular infrastructure trends vs. consumer/application-layer bets. Mega-round dry powder suggests GPs are rotating back to large, capital-efficient infrastructure rounds.

• For operators: NinjaOne and Digital Asset's closed rounds suggest strong hiring appetite in enterprise software and blockchain infrastructure roles. If you're in fintech, IT ops, or aerospace, now is a strong window to explore opportunities with recently funded companies ramping GTM and R&D teams. SpaceX's IPO will likely trigger a wave of secondary liquidity for early employees and accelerate executive hiring in satellite/AI integration roles.

Freshness Note: This edition reflects confirmed deal closures and IPO activity from June 11–13, 2026. Limited announced funding rounds closed in the exact 24-hour window; analysis draws on the most recent Crunchbase, TechCrunch, and financial news sources dated June 11 or later.