Search results for Ribbit Capital
AI & Enterprise
Enigma raises $71 million seed funding to develop foundation model for robots
Robot AI software company Enigma has raised $71 million in seed funding. SiliconANGLE reported that Enigma is developing a foundation model that can be applied to various robots with only small amounts of training data. The round was co-led by Index Ventures and Ribbit Capital, with participation from Conviction Partners. Employees from Google DeepMind, Anthropic and OpenAI also joined as angel investors.
Crypto
Morpho raises $175 million for on-chain lending protocol
On-chain lending protocol Morpho raised $175 million in a funding round co-led by Paradigm, a16z Crypto and Ribbit Capital, The Block reported. Apollo Fund, Circle Ventures, VanEck, Ledger Cathay, Wintermute Ventures, SBI Group and France\'s state investment bank also participated. The investment was structured as token purchases. Morpho said it offers a blockchain-based lending market where users can create lending pools by setting their own risk parameters.
Industry
Teen-founded U.S. defense startup Mach Industries valuation quadruples in a year
U.S. defense technology startup Mach Industries raised $300 million in a Series C round, valuing the company at $1.8 billion. TechCrunch reported the valuation is nearly four times higher than a year ago, after a $100 million raise in June 2025 at a $470 million valuation. The round was led by Infinite Capital and Ribbit Capital. Mach is developing five autonomous aircraft and plans to start producing at least three next year.
