Aug 24 2026 - fasset.com, standardmetrics.com, fshtechnologies.org, starcloud.com, quintessent.com, eulerhq.com, thronescience.com, 1872.ai, balancetheory.io, eliolabs.com

Hello and welcome to your daily tech funding roundup for August 24th, 2026. First up, Los Angeles-based Fasset has secured sixty-eight million dollars in Series C funding. The company operates an artificial intelligence-driven neobanking platform centered around stablecoins. It enables users in emerging markets to receive, hold, transfer, and invest capital across various asset classes and currencies. Behind the scenes, Fasset runs its own Ethereum Layer-2 blockchain to connect traditional banks and payment networks, employing agentic AI to dynamically route transactions based on cost, speed, and availability. In San Francisco, Standard Metrics raised twenty million dollars in a Series B round. The company provides an AI-powered portfolio management and investor relations platform designed for venture capital and private equity firms. Standard Metrics automates the ingestion of financial data, parses complex documents, and uses an on-platform AI analyst to streamline portfolio reviews, asset valuations, and investor reporting. Over in Philadelphia, FSH Technologies raised twenty million dollars in Series A funding. The startup builds software for local governments, municipal agencies, and school districts to replace outdated IT infrastructure and eliminate the need for costly hourly consulting. Their performance-based platform manages city-run assistance programs and is expanding to handle emergency services, transit management, compliance, and public-safety scheduling. Based in Redmond, Washington, Starcloud has closed a two-hundred and fifty million dollar Series A extension. Starcloud designs and deploys data centers in space, bypassing the land-use and energy constraints of terrestrial facilities. Equipped with advanced graphics processing units, these solar-powered orbital systems utilize passive radiator cooling to run heavy AI training workloads and real-time inference directly in orbit. In Santa Barbara, California, Quintessent raised forty million dollars in Series A funding. The semiconductor startup designs low-cost, resilient optical interconnect products for artificial intelligence data centers. Its primary product is a single-chip, quantum dot-based comb laser, which simplifies optical connections in large-scale computing clusters to reduce energy consumption and improve hardware reliability. San Diego-based EULER secured four point three million dollars in seed funding. EULER develops an AI-native partner relationship management platform for business-to-business software companies. The software utilizes autonomous AI agents to handle partner onboarding, training, deal registration, and support, automating partner ecosystems without manual intervention. In Austin, Texas, Throne Science raised ten million dollars in Series A funding. The company manufactures a smart toilet sensor that passively tracks gut health, hydration, and urinary function with every flush. By pairing the hardware with an AI-driven companion app, Throne Science monitors long-term health patterns, aiming to eventually serve as a continuous home screening tool for early cancer detection. Cincinnati-based industrial tech startup 1872.ai closed a fifteen million dollar seed round. Founded by aerospace alumni, the company is rebuilding heavy manufacturing from first principles. It uses custom factory software and automation to transform CAD designs directly into completed steel parts, running a software-native prototype factory to eliminate supply chain bottlenecks in American infrastructure. Based in Columbia, Maryland, Balance Theory raised nineteen million dollars in Series A funding. The startup offers a cybersecurity budget and portfolio management platform. It unifies enterprise security data and managed expertise to help security leaders compare products, map their security control coverage, and optimize their overall cybersecurity spending. Finally, San Mateo, California-based Elio raised twenty-one million dollars in Series A funding. Elio develops medical imaging and sensing technologies utilizing a unique optical architecture. Its platform interfaces directly with biological samples and uses intelligent controls to adapt to biological variations in real time, tuning how light interacts with cells and tissues to improve diagnostic outcomes.