Seven deals crossed the wires on November 11 2026. The big checks went to infrastructure and payments. The smaller ones went to healthcare software, legal services and the unglamorous 81% of the economy.
Torus, $500 million. The Salt Lake City power company raised $500 million led by Magnetar, with ICONIQ, Origin Ventures, Ridgeline Partners and Trinity Capital. It also launched Foundry, a prefabricated box of power, storage, cooling and GPUs that sits behind the meter at transformers with spare capacity. Sites run from 1 MW to 20 MW, and Torus says it can go from contract to live AI workloads in 12 to 16 weeks. Target: more than 47,000 GPUs in Foundry units by the end of 2027.
Imprint, $130 million. The co-branded credit card platform raised at about a $1.9 billion valuation, up from $1.2 billion in December 2025. Khosla Ventures led. Partners include Kroger, Albertsons, Shell and Fanatics. It also launched an MCP server so AI agents can use members’ cards, with human approval.
The 81 Collection, $82 million. The Chicago firm closed Fund II at double its 2021 debut fund, taking assets under management past $145 million. It backs founder-owned services, manufacturing and physical-world businesses with $4 million to $20 million in revenue growing 40% a year or more. The pitch: sectors making up 19% of GDP get 55% of venture attention, and it wants the rest.
XpertDox, $20 million Series A. Savant Growth led, with Kennet Partners. The Scottsdale company’s XpertCoding codes over 91% of medical claims without a human and returns them within 24 hours. Revenue doubled in 12 months, with 126% net revenue retention.
SkyDrive, undisclosed. Tobu Railway and Tobu Top Tours bought into the Japanese eVTOL maker to bring air taxis to the Kanto region, starting with vertiports around Nikko. Commercial launch is targeted for 2028. Tobu is SkyDrive’s fifth railway partner.
Lawfty, undisclosed. The LegalTech Fund made its first growth-stage investment in Lawfty, a personal injury firm that uses AI and case data to match clients with more than 100 partner firms. It cites more than 80,000 cases and over $1 billion recovered.
Healthcare Control Systems, undisclosed. Ironleaf Capital, founded in 2025 by T.J. Rose, made its first investment in HCS, whose ORControl software coordinates operating rooms and staff for customers including HCA, CommonSpirit, Ascension and the Veterans Health Administration.
Deeper reads: Torus on 3v.org, Imprint on digitalmarket.org.