📊 AmTech Daily: Deals Defining America's Future — Feb 26, 2026 Each morning, Commonweal compiles the day's top #AmTech deals and news at the intersection of government and technology. Here's today's. Comment "Subscribe" to get the full briefing, news included, in your inbox. AI Chips 🔹 MatX (Mountain View, CA), which designs custom AI chips that enable cloud and model providers to train and run large language models faster and at lower cost than on general-purpose GPUs, raised over $500 million in funding led by Jane Street. 🔹 SambaNova Systems (Palo Alto, CA), which sells data center-class AI hardware and an integrated software stack so enterprises and governments can run large-scale AI models in-house, raised $350 million in Series E funding led by Vista Equity Partners. Finance 🔹 Basis (New York, NY), which builds AI agents that handle day-to-day accounting workflows like bookkeeping, closes, and reporting for large finance teams, raised $100 million in Series B funding at a roughly $1.2 billion valuation led by Accel. Cybersecurity 🔹 Astelia (New York, NY), which gives security teams an AI-driven platform that filters thousands of vulnerabilities down to the few that are truly exploitable in their environment, raised $35 million in combined seed and Series A funding led by Index Ventures and Team8. 🔹 Evoke Security (Washington, DC), which gives security teams a control plane to discover, monitor, and block risky behavior by AI agents plugged into corporate systems and data, raised $4 million in pre-seed funding led by Crosspoint Capital Partners. GovTech 🔹 NationGraph (San Francisco, CA), which aggregates government budgets, meetings, contracts, and RFPs into a single AI-powered sales intelligence tool for companies selling into public-sector agencies, raised $18 million in Series A funding led by Menlo Ventures. 🔹 Neural Earth (Miami, FL), which turns satellite, climate, and other map-based data into risk scores and alerts for infrastructure, insurance, and government users, raised $9.3 million in seed funding. Public Safety 🔹 Circadian Risk Inc. (Ann Arbor, MI), which helps large organizations identify security risks and compliance gaps across their buildings and sites, prioritize fixes, and document improvements, raised $6 million in Series A funding led by Arthur Ventures. Defense 🔹 Chariot Defense (San Francisco, CA), which builds portable hardware and software that let frontline units automatically get quiet, reliable power for radios, drones, sensors, and other gear from a single box, raised $34 million in Series A funding led by Andreessen Horowitz. What is #AmTech? It's our term for the companies tackling America's biggest challenges in sectors like energy, defense, healthcare, and infrastructure. In these markets, the path to building category-winning companies runs through government, and the founders who understand that are building the most consequential technology businesses of our generation.
David Gilford
1mo
Instant subscribe. Love the idea, Nate Loewentheil
Matthew Weinberg
1mo
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Daniel Goetzel
1mo
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Reza Yazdanfar
1mo
Really interesting to see how much capital is moving into AI infra and public sector tools right now. Feels like neural map data and cybersecurity targeting AI environments are both picking up momentum.
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