Morning VC Brief丨2025.03.20

Week12 Highlights丨Grubmarket, Graphite, Distributed Spectrum, Halliday, Prezent, Augment, Privy, Aecade.dev, Spangle AI

eric gu
March 20, 2025

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1/ AI-Driven Supply Chain Solution GrubMarket raised $50M Series G

Product: AI-powered food tech company offering supply chain solutions for agriculture and food distribution
Highlight:
- Revenue surpassed $2B in 2024, becoming the largest private food tech firm in the U.S.
- Expanded globally (70+ countries) and acquired Texas-based food service company/Good Eggs
Investor: Liberty Street Funds, 3Spoke Capital, ROC Venture Group
#AI #Supply Chain Source

2/ AI-Powered Code Review Startup Graphite raised $52M Series B

Product: AI-driven code review platform backed by Anthropic, offering automated code feedback and bug detection
Highlight:
- Launched Diamond, an AI tool for real-time bug detection
- Founded by ex-Meta, Airbnb, and Google engineers; pivoted from mobile tooling to code review
Investor: Accel (Lead), Anthropic’s Anthology Fund, Menlo Ventures, Shopify Ventures
#AI #Coding Agent Source

3/ AI-Driven Electronic Warfare Startup Distributed Spectrum raised $25M Series A

Product: Software and sensors combining ML models with hardware to identify and analyze radio signals in combat zones
Highlight:
- Closed $7M in DoD contracts within 60 days
- Deployed in Ukraine for threat detection
Investor: Conviction (Lead), Shield Capital, Nat Friedman
#AI #Defense Tech Source

4/ AI-Powered Blockchain Platform Halliday raised $20M Series A

Product: Workflow Protocol eliminating smart contract requirements, enabling automated cross-chain workflows
Highlight:
- Reduces app development time from years to hours; serves 35+ clients via Halliday Payments
- Partners include DeFi Kingdoms, Story Protocol, and Frax
Investor: a16z crypto (Lead), SV Angel, Blizzard Fund
#AI #Blockchain Source

5/ AI-Powered Slide Deck Platform Prezent raised $20M Venture Round

Product: AI platform for creating business presentations, powered by models fine-tuned on 2M+ slide decks and proprietary data
Highlight:
- Specializes in industry-specific terminology handling; offers overnight "professional-grade" deck delivery via AI + human reviewers
Investor: Greycroft (Lead), Zoom Ventures, Alumni Ventures
#AI #Productivity Source

6/ AI Logistics Assistant Augment raised $25M Seed

Product: Building AI-driven workflow automation tools for logistics operations which handles emails, calls, document processing, and data entry for trucking/logistics operators
Highlight:
- 24/7 operation via Slack/Teams/phone, with industry-specific knowledge
- Early adoption by major logistics companies
Investor: 8VC (Lead)
#AI #Logistics Source

7/ Blockchain Infrastructure Startup Privy raised $15M Series A

Product: Wallet integration platform enabling seamless connection between crypto wallets and applications
Highlight:
- Positioned as gateway for mainstream blockchain adoption
Investor: Ribbit Capital (Lead), Sequoia Capital, Paradigm, Coinbase
#Blockchain Source

8/ AI Agent Security Platform Arcade.dev raised $12M Seed

Product: Authorization and integration infrastructure enabling secure AI agent actions across enterprise systems
Highlight:
- 400+ pre-built agent tools (Gmail/Slack/Salesforce integrations), SDK enabling custom API connections
Investor: Laude Ventures (Lead), Flybridge Ventures, Hanabi Capital
#AI #Logistics Source

9/ Personalized E-commerce Optimization Startup Spangle AI raised $6M Seed

Product: AI-generated custom landing pages boosting online shopping conversion rates
Highlight:
- 51% conversion rate improvement in early tests
- Proprietary ProductGPT model analyzes shopper intent
Investor: Madrona Ventures(Lead), Streamlined Ventures(Lead)
#AI #Ecommerce Source