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[ARTICLE · art-45138] src=blog.southparkcommons.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↑ positive

June 2026 Update

South Park Commons portfolio companies raised over $1.5 billion in June 2026, including Baseten's $1.5B Series F at a $13B valuation for AI inference and Orb's $335M acquisition by Adyen. AXION launched a neural headband enabling a quadriplegic user to control devices with eye movements and thoughts, while Longshot Space secured $5M to build a kinetic space launcher.

read2 min views1 publishedJun 30, 2026
June 2026 Update
Image: Blog (auto-discovered)

Space Guns, AI Inference, Neural Headbands

June closed out with new fundraises, acquisitions, and plenty of companies building the future, from brain-controlled interfaces to space guns.

If you’re interested in joining SPC, applyhere. Events at SPC

In SF, we hosted ** Snowflake CEO Sridhar Ramaswamy **for a conversation on leadership in the AI age and where value lives once software commoditizes. Soleio hosted a

Design Chat with

, who leads design at Anthropic.

Joel LewensteinIn NYC, ** Demo Night** filled the room with builders showcasing work from Luma, ElevenLabs, Sentience, Sandbar, and Flora. SPC India closed out its

, where teams demoed working prototypes across physical AI, bio, and deep tech.

Curiosity 2.0 Hard-Tech ShowcaseFund Updates It was a landmark month for SPC companies.

Baseten raised a$1.5B Series Fat a $13B valuation, led by Altimeter, Conviction, and Spark Capital, to power inference for the world’s most advanced applications.Longshot Space raised$5M from SPC, bringing total funding to $20M, to build a ground-based kinetic launcher that propels payloads to hypersonic velocities and opens a scalable path to orbit.Orb has entered a definitive agreement to beacquired by Adyenfor $335M. Orb’s usage-based billing infrastructure will unify billing and payments for Adyen’s enterprise merchants.Town announced a$55M Series Aled by a16z to build Townie, an AI assistant learns how you work and does the work alongside you.Qosmic raised$3.33Mled by Accel and Prosus Ventures to build the optical highway to the cosmos, the communication backbone for the next generation of satellites.

Member Updates

Product Launches & Company News

launched their neural headband, which letAXIONIvan—quadriplegic after a spinal cord injury—order dinner himself using only his eyes and his mind, with no surgery or implant.Pilot launchedMeridian, an AI accounting platform that runs the entire month-end close so firms can grow without scaling headcount.

Personal Projects, Explorations & Publications

Rohit wrote anaccessible explainer on full-duplex voice AI, models that can speak and listen at the same time.Jonathan published breakthrough research onreading emotion from neural data.Vaibhav releaseddatasets.bot, a curated list of open robotics datasets spanning 32,000+ hours of robot data.Noah open-sourcedvibethis, a Chrome extension for vibe-coding the software you’d otherwise pay for.

Coming Up

Recent Content

We released new conversations with ** Nato Saichek** (Longshot Space) on the 15-kilometer space gun they’re building to fling payloads into orbit, and

with Soleio on lessons from Figma, software decay, and creating the Inter font.

Rasmus AnderssonThe work continues.

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