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Temporal tops week’s US startup funding with $550 million Series E

Temporal Technologies secured a $550 million Series E round, while Impulse Space and other AI‑focused firms rounded out the top ten U.S. deals of Sept. 12‑18, 2026.

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Lucas Ferreira · Deals & Startups Desk · 18 Sept 2026 · 19:00 · 2 min read
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Temporal tops week’s US startup funding with $550 million Series E

Temporal Technologies, a Bellevue‑based AI infrastructure firm, led the week’s largest U.S. venture financing with a $550 million Series E round that valued the company at $12.55 billion. The round was headed by Lightspeed, Wellington Management, Goldman Sachs Alternatives and Tiger Global.

Impulse Space, a Redondo Beach developer of orbital payload vehicles, raised $308 million in a Series D extension, bringing its total financing to $808 million.

Investment‑management platform Ridgeline attracted $250 million in a Series E round led by founder Dave Duffield, setting a post‑money valuation of $1.45 billion.

Cornelis Networks, based in Wayne, Pennsylvania, closed a $205 million funding round backed by IAG Capital Partners to expand its networking solutions for AI and high‑performance computing workloads.

Factory, a San Francisco AI‑software developer for enterprise code, announced a $200 million round that valued it at $5 billion, with participation from a broad set of venture firms and individual investors.

Marketing‑tech startup Profound secured $180 million in Series D financing at a $1.8 billion valuation, led by Sequoia Capital and Kleiner Perkins.

Arcee AI, a San Francisco creator of open‑weight AI models, closed a $150 million Series B round that placed its valuation above $1 billion, with Vista Equity Partners, Cambium Capital and Emergence Capital as backers.

Nex, also based in San Francisco, raised $150 million in a mix of equity and debt, including a Series E led by Baillie Gifford and BAI Capital, to fund its motion‑based family gaming platform.

Mazama Energy, a Seattle geothermal developer, obtained $135 million in a Series B round led by Centaurus Capital and Doerr Capital.

Sling Therapeutics, a Michigan biotech firm developing a small‑molecule therapy for thyroid eye disease, completed a $123 million Series C round led by Forbion Capital Partners.

The rankings are based on Crunchbase data for U.S. companies that announced funding between Sept. 12 and Sept. 18, 2026. The list reflects only announced rounds captured in the database and may omit deals reported later in the week.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Lucas Ferreira
Deals & Startups Desk

Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.

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Temporal leads US startup funding week with $550M round · Finance Review Daily