Back to News Hub
💰Crunchbase News
June 5, 2026
Funding & Investment

5 Interesting Startup Deals You May Have Missed: On-Demand Custom Manufacturing, Underwater Geothermal Energy, And Adventure Group Travel

Overview

A grab bag of funded startups caught our attention this past month, from a previously bootstrapped custom metal manufacturer that got its first outside funding from big-name Silicon Valley backers, to a startup that aims to provide geothermal energy from underwater volcanoes to small island nations. Marlize van Romburgh marlizevr This is a monthly column that runs down five interesting startup funding deals that may have flown under the radar. Check out our previous entry here .

Key Takeaways

  • $110M for on-demand custom manufacturing First, let's start with a refreshingly non-AI round, and a sizable one at that.

    Reno, Nevada-based SendCutSend said last month that it has raised $110 million in funding led by brothers and Stripe founders John and Patrick Collison , along with Sequoia Capital and Paradigm , at a reported $1 billion valuation.

  • Previously, Belosic had bootstrapped the company, founded in 2018, with personal savings, bank loans and credit cards, he told The Wall Street Journal .

    He held little interest in taking cash from startup investors until SendCutSend started to be flooded earlier this year with orders from AI-driven industries including robotics and data centers, and Belosic said he realized the business needed outside investment to grow.

  • Related Crunchbase query: Global Venture Funding To Manufacturing Startups In 2026 $100M for insurance-covered metabolic health counseling GLP-1 weight-loss drugs may be booming, but a well-funded startup is betting that medication alone isn't enough to solve the chronic disease crisis.

    Y Combinator , Thrive Capital, Operator Partners , Maverick Ventures and a long list of other investors also backed the round, which brings the company's total funding to date to just over $213 million, per Crunchbase .

  • Nourish said it has partnered with hundreds of health insurers in the U.
  • "Chronic disease is the central failure of U.

Stats & Key Facts

  • #$110M for on-demand custom manufacturing First, let's start with a refreshingly non-AI round, and a sizable one at that.
  • #Reno, Nevada-based SendCutSend said last month that it has raised $110 million in funding led by brothers and Stripe founders John and Patrick Collison , along with Sequoia Capital and Paradigm , at a reported $1 billion valuation.
  • #Related Crunchbase query: Global Venture Funding To Manufacturing Startups In 2026 $100M for insurance-covered metabolic health counseling GLP-1 weight-loss drugs may be booming, but a well-funded startup is betting that medication alone isn't enough to solve the chronic disease crisis.
  • #Nourish , a New York-based metabolic health startup that combines dietitians, AI tools and GLP-1 medication management, last month said that it raised a $100 million Series C round led by Menlo Ventures .
5 Interesting Startup Deals You May Have Missed: On-Demand Custom Manufacturing, Underwater Geothermal Energy, And Adventure Group Travel

A grab bag of funded startups caught our attention this past month, from a previously bootstrapped custom metal manufacturer that got its first outside funding from big-name Silicon Valley backers, to a startup that aims to provide geothermal energy from underwater volcanoes to small island nations. $110M for on-demand custom manufacturing First, let's start with a refreshingly non-AI round, and a sizable one at that. Reno, Nevada-based SendCutSend said last month that it has raised $110 million in funding led by brothers and Stripe founders John and Patrick Collison , along with Sequoia Capital and Paradigm , at a reported $1 billion valuation.

The company operates an on-demand manufacturing platform specializing in custom-cut metal and fabrication. The round is its first venture investment, and apparently came only after Sequoia's Andrew Reed flew to Reno to woo SendCutSend CEO Jim Belosic into accepting Silicon Valley backing. Previously, Belosic had bootstrapped the company, founded in 2018, with personal savings, bank loans and credit cards, he told The Wall Street Journal .

He held little interest in taking cash from startup investors until SendCutSend started to be flooded earlier this year with orders from AI-driven industries including robotics and data centers, and Belosic said he realized the business needed outside investment to grow. Investor Matt Huang of Paradigm told WSJ that underlying SendCutSend's booming business is intense demand for rapid, on-demand sheet metal and custom parts. "If you think about the entire frontier of robots, defense companies, rocket companies, electric-car companies, they all need very fast turn prototyping," he said.

For more details please read the original article at Crunchbase News.

Continue Learning

Originally published by Crunchbase News
Read the original

Comments

Sign in to join the conversation