VC Funding Digest
Tuesday, August 4, 2026
Covering news from · 4 rounds · aggregated from 3 sources
Venture capital activity on August 3rd, 2026, saw continued investment across various sectors, with a notable emphasis on artificial intelligence infrastructure and applications. Headlines indicated significant capital deployment into AI-focused companies, including a substantial new fund from Menlo Ventures aimed at capitalizing on the evolving AI landscape.
Funding rounds
Base Power#
Base Power raises another $1B to save the grid using backyard batteries
Sources:
- TechCrunch — Base Power raises another $1B to save the grid using backyard batteries
How NTT DATA AIVista#
How NTT DATA AIVista closes the last mile of agentic AI for enterprise agents
Sources:
- VentureBeat — How NTT DATA AIVista closes the last mile of agentic AI for enterprise agents
UK AI chip startup OLIX#
UK AI chip startup OLIX raises €270.5 million at €2.8 billion valuation just two years after its founding
Sources:
- EU-Startups — UK AI chip startup OLIX raises €270.5 million at €2.8 billion valuation just two years after its founding
Helsinki-based Aiforia#
Helsinki-based Aiforia secures €20 million EIB financing to advance AI-powered cancer diagnostics
Sources:
- EU-Startups — Helsinki-based Aiforia secures €20 million EIB financing to advance AI-powered cancer diagnostics
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"VC Funding Digest — Tuesday, August 4, 2026." VCBacked, August 4, 2026, https://www.vcbacked.co/daily/2026-08-04. Accessed August 4, 2026.
VCBacked. (2026). VC Funding Digest — Tuesday, August 4, 2026. Retrieved August 4, 2026, from https://www.vcbacked.co/daily/2026-08-04
{{cite web |title=VC Funding Digest — Tuesday, August 4, 2026 |url=https://www.vcbacked.co/daily/2026-08-04 |website=VCBacked |access-date=August 4, 2026}}Compiled and summarized per the VCBacked methodology. Source links are unmodified and credited above.