Several tech startups — Evervault, Smack Technologies, Vast, Cheer Games, among others, have announced their venture capital funding to bolster innovation and business growth.
Evervault Raises $25 mn
Evervault announced a $25 million Series B funding round led by Ribbit Capital, with participation from Index Ventures, Sequoia Capital, Kleiner Perkins, and Operator Partners. The company, founded by Shane Curran, develops developer-focused infrastructure for encrypting and orchestrating highly sensitive data across cloud environments. The funding will accelerate development of Evervault’s secure computing platform that enables companies to process data while keeping it encrypted, supporting privacy-first applications in fintech, healthcare, and enterprise software. Strategically, the investment strengthens Evervault’s position in the rapidly growing confidential computing and data security market as organizations face increasing regulatory and cybersecurity requirements.
Smack Technologies Raises $32 mn
Smack Technologies raised $32 million in seed and Series A funding to develop a frontier AI laboratory focused on national security applications. The Series A round was led by Geodesic Capital and Costanoa Ventures, with participation from Point72 Ventures, Felicis, Bloomberg Beta, Scribble Ventures, and other investors. Founded by former defense operators and engineers, the company develops AI decision-support systems using reinforcement learning models to support military planning and operational coordination. The funding will scale the firm’s “frontier AI” research and support deployment of its Omega and Alpha platforms designed to enhance strategic planning and real-time decision-making across defense operations.
Vast Secures $500 mn
Vast secured $500 million in financing, including $300 million in Series A equity and $200 million in debt, to accelerate development of its Haven commercial space station program. The investment supports Vast’s strategy to build next-generation orbital infrastructure designed to replace aging international space facilities and support commercial research in space. Founded by entrepreneur Jed McCaleb, Vast focuses on building scalable space habitats and manufacturing platforms for government agencies and private companies. The new funding will expand engineering teams, accelerate spacecraft development, and support manufacturing capabilities required to launch the Haven stations before the expected retirement of the International Space Station.
Cheer Games Raises $4.5 mn
Mobile gaming startup Cheer Games raised $4.5 million in a pre-seed funding round led by Makers Fund, with participation from Play Ventures and additional early-stage investors. The company focuses on developing scalable mobile game franchises that combine live-service gameplay, social interaction, and data-driven player engagement technologies. The funding will support game development, studio expansion, and platform tools designed to optimize user acquisition and retention across global gaming markets. Strategically, the investment reflects venture capital interest in mobile gaming platforms that integrate analytics, community-driven gameplay, and scalable content pipelines to build long-term gaming ecosystems.
THASNIYA VP
