This Week’s Top Talent Pools

Foundational Industries, the New York City developer of AI-operated manufacturing plants and modular data center infrastructure, raised a $25M seed co-led by BoxGroup and Zigg Ventures, with Abstract Ventures, Adverb Ventures, Buckley Ventures, and Offline Ventures participating.

  1. Robert Sebastian in SF (Potential Founder)

    1. Role: Co-Founder, Product @ Forward (8 yrs; Foundational Industries Founder’s previous startup)

    2. Other Experience: Special Projects @ Google, Consultant @ BCG, Trader @ GS, Wharton MBA, Dartmouth BA Economics

    3. Description: Left Forward in 2024 with no updates

  2. Bali Raghavan in SF (Stealth)

    1. Role: CTO @ Forward (5.5 yrs; Foundational Industries Founder’s previous startup)

    2. Other Experience: VP Engineering @ Opendoor, Amazon Go @ Amazon

    3. Description: Stealth since 12/24

    4. Contact: [email protected]

  3. Jonathan Lesser in SF (Stealth)

    1. Role: COO @ Forward (6 yrs; Foundational Industries Founder’s previous startup)

    2. Other Experience: Head of Global Sales, Operations and Markets @ Airbnb, Sr. Director of eCommerce Revenue @ StubHub

    3. Description: Stealth since 12/24

Revoy, the San Francisco startup building a detachable electric dolly that sits between a truck's tractor and trailer, raised a $27M Series A led by Standard Capital, with Doerr Capital, Time Ventures, Y Combinator, and Leap Ventures also participating. Total funding is now $41M. Revoy is run by CEO Peter Reinhardt and founder/CTO Ian Rust. Reinhardt co-founded Segment (acquired by Twilio for $3.2B in 2020) and then Charm Industrial ($125M raised, $100M Series B led by General Catalyst), and his co-founders from both companies are now unattached or building again.

  1. Calvin French-Owen in SF (EIR @ Thrive Capital)

    1. Role: Co-Founder @ Segment (9.5 yrs; Revoy Founder’s previous startup)

    2. Other Experience: MTS @ OpenAI, Visiting Partner @ YC, MIT CS

    3. Description: Thrive EIR since 10/25

    4. Contact: Site

K2 Space, the Torrance-based builder of the largest satellite buses in existence, raised a $500M Series D at a $6.8B valuation co-led by Kleiner Perkins and Iconiq, with Lightspeed, CapitalG, and Altimeter also participating. The round follows a $250M Series C at $3B led by Redpoint and T. Rowe Price, and its selection as satellite bus provider for the Pentagon's PTS-G program.

  1. Derek S. in Austin (Stealth)

    1. Role: Head of Supply Chain @ K2 Space (3 yrs)

    2. Other Experience: Lead Production Engineer @ The Boring Company, Raptor Production Final Assembly Supervisor @ SpaceX, Sourcing Manager for Starlink @ SpaceX

    3. Description: "Rebuilding manufacturing in the United States"

  2. Ashrith Balakumar in Pittsburgh (Potential Founder)

    1. Role: Head of Product Engineering @ K2 Space (2.5 yrs)

    2. Other Experience: Lead Avionics Engineer @ SpaceX, Mission Director @ SpaceX, Avionics Engineer @ SpaceX, CMU MS Mechanical Engineering, CMU BS Mechanical Engineering

    3. Description: Stepped back to advisor on 3/26

    4. Contact: [email protected]

Function, the four-year-old Austin longevity company selling a $365/year membership covering 160+ lab tests and full-body MRI, raised a $298M Series B at a $2.5B valuation led by Redpoint Ventures, with Andreessen Horowitz, NFDG, Aglae Ventures, Battery Ventures, and Alumni Ventures participating. Total funding is $350M.

  1. Mike Nemke in Austin (Co-Founder & CEO @ Stealth)

    1. Role: Co-Founder & CTO @ Function Health (4.5 yrs)

    2. Other Experience: Director of AI & ML @ Aptive Resources, Green Beret (18D) @ Army Special Forces, Northwestern MS DS

    3. Description: Stealth since 3/26

    4. Contact: [email protected]

Doctronic, the AI-native primary care provider, acquired Summer Health, the four-year-old New York startup delivering text-based pediatric care. Terms were undisclosed. Summer Health had raised $19M across a $7.5M seed and an $11.65M Series A co-led by Lux Capital and 7wireVentures, with Sequoia Capital, Box Group, Metrodora Ventures, Pivotal Ventures, and Leaps by Bayer participating.

  1. Matthew Woo in SF (Stealth)

    1. Role: Co-Founder, President & CPO @ Summer Health (4 yrs)

    2. Other Experience: Product @ WhatsApp, Product @ Meta, 1st Product Hire @ UJET, Growth PM @ Intercom, Head of Product @ Yo.

    3. Description: "Riff'n on something new with my favorite people"

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