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Building venture-backable companies in heavily regulated spaces This week on Build Mode, Startup Battlefield editor Isabelle Johannessen spoke to two founders who are working to make progress in industries ripe for disruption, despite the regulatory headaches that might have deterred many other people. Powered by WPeMatico https://techcrunch.com/2025/12/19/building-venture-backable-companies-in-heavily-regulated-spaces/

Rocket Lab wins another defense-related space contract The $816 million contract follows a separate $515 million — both awarded by the U.S. Space Development Agency. Powered by WPeMatico https://techcrunch.com/2025/12/19/rocket-lab-wins-another-defense-related-space-contract/

Ex-Splunk execs’ startup Resolve AI hits $1 billion valuation with Series A The round was led by Lightspeed Venture Partners, according to people familiar with the deal. Powered by WPeMatico https://techcrunch.com/2025/12/19/ex-splunk-execs-startup-resolve-ai-hits-1-billion-valuation-with-series-a/

Sequoia partner spreads debunked Brown shooting theory, testing new leadership The newest episode raises questions about whether Sequoia’s new leadership — managing partners Alfred Lin and Pat Grady, who took over last month — can or will rein in Maguire’s social media activity. Powered by WPeMatico https://techcrunch.com/2025/12/19/sequoia-partner-spreads-debunked-brown-shooting-theory-testing-new-leadership/

Former Patagonia CEO Rose Marcario resigns from Rivian’s board Marcario joined the board in 2021, and will maintain her position as chair overseeing the Rivian Foundation, which made its first grants last year. Powered by WPeMatico https://techcrunch.com/2025/12/19/former-patagonia-ceo-rose-marcario-resigns-from-rivians-board/

Neural Concept raises $100M to scale AI-native engineering Swiss-based Neural Concept has raised a $100 million Series C round led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors Forestay Capital, Alven, HTGF, D.E. Shaw Ventures, and Aster Capital. Founded in 2019 and spun out of EPFL

Endra closes $20M seed round amid surging demand in construction supercycle Stockholm-based Endra, an AI-powered mechanical, electrical, and plumbing (MEP) platform, has closed a $20 million seed round led by Notion Capital, with participation from existing investor Norrsken VC. The built-environment sector is under pressure to increase delivery capacity substantially.

Lovable raises $330M at a $6.6B valuation to turn non-developers into software builders Lovable has raised $330 million in Series B funding at a $6.6 billion valuation, led by CapitalG and Menlo Ventures’ Anthology fund. Additional investors in this round include the venture arms of leading companies building the future

Swedish startup TrialMe is fixing the data gap that keeps women out of clinical trials For decades, modern medicine was built on male biology as the default and female biology as a deviation, a problem rooted in the long-standing exclusion of women from medical research. ​ Now, a Swedish startup

Enlightra exits stealth with $15M to power energy-efficient AI data centre lasers Enlightra, a deeptech startup developing chip-scale multiwavelength lasers for next-generation data transmission, has raised a total of $15 million. Investors include Y Combinator, Runa Capital, Pegasus Tech Ventures, Protocol Labs, Halo Labs, Asymmetry Ventures, and TRAC VC, among