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VC Funding Digest

Thursday, June 4, 2026

Covering news from · 5 rounds · aggregated from 2 sources

Venture capital activity on June 3rd, 2026, saw notable investments across several sectors. Enterprise AI and quantum computing emerged as prominent themes, with companies like Wordsmith and Quobly attracting attention. Defense and biotech also featured in funding discussions.

Funding rounds

Wordsmith#

Wordsmith lands $70m Series B to turbocharge legal work with AI

Sources:

  • Sifted — Wordsmith lands $70m Series B to turbocharge legal work with AI

Factorial#

Factorial raises $150m Series D backed by General Catalyst and Atomico

Sources:

  • Sifted — Factorial raises $150m Series D backed by General Catalyst and Atomico

Quantum startup Quobly#

Quantum startup Quobly raises €115m backed by STMicroelectronics

Sources:

  • Sifted — Quantum startup Quobly raises €115m backed by STMicroelectronics

Oxford Quantum Circuits#

Oxford Quantum Circuits raises blockbuster $350m Series C

Sources:

  • Sifted — Oxford Quantum Circuits raises blockbuster $350m Series C

Edinburgh-based Wordsmith#

Edinburgh-based Wordsmith raises €60.2 million Series B to scale legal AI platform for in-house teams

Sources:

  • EU-Startups — Edinburgh-based Wordsmith raises €60.2 million Series B to scale legal AI platform for in-house teams
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MLA
"VC Funding Digest — Thursday, June 4, 2026." VCBacked, June 4, 2026, https://www.vcbacked.co/daily/2026-06-04. Accessed October 24, 2026.
APA
VCBacked. (2026). VC Funding Digest — Thursday, June 4, 2026. Retrieved October 24, 2026, from https://www.vcbacked.co/daily/2026-06-04
Wikipedia (cite web)
{{cite web |title=VC Funding Digest — Thursday, June 4, 2026 |url=https://www.vcbacked.co/daily/2026-06-04 |website=VCBacked |access-date=October 24, 2026}}

Compiled and summarized per the VCBacked methodology. Source links are unmodified and credited above.