Morning VC Brief丨2025.07.22

Week30 Highlights丨Boulevard, Folio, BrightAI, Blaxel, Rune Technologies, Greptile, Hadrian

Author

eric gu
July 22, 2025

Morning VC Brief is an expert daily curation of tech and venture news. Feel free to forward; the sign-up is here

Table of Contents

01. Venture News

1/ Vertical SaaS for Beauty & Medspa Boulevard raised $80M Series D

  • Product: AI-powered scheduling and payment software for beauty and medspa businesses, featuring machine learning-based booking systems and HIPAA-compliant medspa-specific features including visual injection mapping

  • Highlight: Revenue soared 500%+ in last 3 years; powers ~15% of all US medspas; processing ~$5B in payments annually

  • Investor: JMI Equity(Lead), Index Ventures, VMG Partners

  • Source

2/ Hospitality SaaS Folio raised $14M Series A

  • Product: Procure-to-pay platform for hotels that maximizes financial outcomes by connecting hotels, suppliers, and finance systems in one unified platform with automated accounting processes and real-time price comparisons

  • Highlight: Facilitates double-digit cost savings; drives 6% savings from real-time product comparison; 70% of invoices fully touchless; top 25% of buyers place first order in under 20 minutes

  • Investor: Thrive Capital (Lead), Construct Capital, Redseed, SciFi VC

  • Source

3/ Physical AI for Essential Infrastructure BrightAI raised $51M Series A

  • Product: Stateful platform that acts as a real-time operating system for physical infrastructure, using edge AI, multimodal sensors, and autonomous systems to bring observability and intelligence to essential services like power, water, gas, and HVAC systems

  • Highlight: Surpassed $100M in revenue; deployed 250,000+ AI endpoints across 50,000+ locations; prevents billions in infrastructure losses

  • Investor: Khosla Ventures & Inspired Capital (Co-lead), BoxGroup, Marlinspike

  • Source

4/ AWS for Agents Blaxel raised $7.3M Seed

  • Product: Cloud infrastructure platform specifically designed for AI agents, featuring sandboxed VMs that boot in under 25ms, automatic scaling, and APIs designed for AI systems rather than humans

  • Highlight: Processing millions of agent requests daily across 16 global regions; one customer running 1B+ seconds of agent runtime

  • Investor: First Round Capital(Lead), Y Combinator, Liquid2

  • Source

5/ AI-enabled Military Logistics Rune Technologies raised $24M Series A

  • Product: TyrOS platform with edge-first architecture that transforms military logistics through AI-enabled predictive software, operating independently in contested environments where communications are denied or degraded, replacing traditional whiteboards and spreadsheets

  • Highlight: Already deployed under U.S. Army and Marine Corps efforts; integrated with Palantir's Defense OSDK

  • Investor: Human Capital (Lead), Andreessen Horowitz, Point72 Ventures

  • Source

6/ AI Code Review Startup Greptile raised $30M Series A

  • Product: AI-powered code review bot that acts as an experienced coworker with deep understanding of customer's codebase, enabling it to pinpoint bugs and issues that human reviewers might miss

  • Highlight: Y Combinator Winter 2024 cohort; previously raised $4M seed led by Initialized Capital

  • Investor: Benchmark (Lead)

  • Source

7/ Automated Factory startup Hadrian raised $260M Series C

  • Product: Automated manufacturing platform specializing in high-precision CNC machining for aerospace and defense companies, expanding into welding, casting, additive manufacturing and offering "factories as a service" model with dedicated customer facilities

  • Highlight: Building "Factory 3" in Arizona with 4x machining throughput by Christmas 2025; expanding 500,000 sq ft headquarters in Torrance, CA

  • Investor: Founders Fund & Lux Capital (Lead), a16z, Construct Capital

  • Source