{"slug": "june-2026-update", "title": "June 2026 Update", "summary": "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.", "body_md": "# June 2026 Update\n\n### Space Guns, AI Inference, Neural Headbands\n\nJune closed out with new fundraises, acquisitions, and plenty of companies building the future, from [brain-controlled interfaces](https://x.com/Reddy_XX/status/2064358966277312948) to [space guns](https://www.southparkcommons.com/news/investing-in-a-longshot).\n\n**If you’re interested in joining SPC, apply**[here](https://www.southparkcommons.com/apply).\n\n**Events at SPC**\n\nIn 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\n\n**Design Chat** with\n\n**, who leads design at Anthropic.**\n\n[Joel Lewenstein](https://x.com/soleio/status/2065188479911555535)In NYC, ** Demo Night** filled the room with builders showcasing work from Luma, ElevenLabs, Sentience, Sandbar, and Flora. SPC India closed out its\n\n**, where teams demoed working prototypes across physical AI, bio, and deep tech.**\n\n[Curiosity 2.0 Hard-Tech Showcase](https://x.com/spc_india/status/2061450319910064371)**Fund Updates**\n\nIt was a landmark month for SPC companies.\n\n**Baseten** raised a[$1.5B Series F](https://www.baseten.co/blog/announcing-our-series-f/)at 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](https://www.southparkcommons.com/news/investing-in-a-longshot), 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 be[acquired by Adyen](https://www.adyen.com/press-and-media/jtrg4qd7j3p4rj)for $335M. Orb’s usage-based billing infrastructure will unify billing and payments for Adyen’s enterprise merchants.**Town** announced a[$55M Series A](https://www.town.com/press/series-a)led by a16z to build Townie, an AI assistant learns how you work and does the work alongside you.**Qosmic** raised[$3.33M](https://m.economictimes.com/tech/funding/qosmic-raises-3-3-million-from-prosus-accel-south-park-commons-to-solve-spaces-growing-data-bottleneck/amp_articleshow/131948724.cms)led by Accel and Prosus Ventures to build the optical highway to the cosmos, the communication backbone for the next generation of satellites.\n\n**Member Updates**\n\n**Product Launches & Company News**\n\nlaunched their neural headband, which let[AXION](https://www.axionclick.com/)[Ivan](https://x.com/Reddy_XX/status/2064358966277312948)—quadriplegic after a spinal cord injury—order dinner himself using only his eyes and his mind, with no surgery or implant.**Pilot** launched[Meridian](https://pilot.com/meridian), an AI accounting platform that runs the entire month-end close so firms can grow without scaling headcount.\n\n**Personal Projects, Explorations & Publications**\n\n**Rohit** wrote an[accessible explainer on full-duplex voice AI](https://www.frisson-labs.com/moshi-for-mere-mortals), models that can speak and listen at the same time.**Jonathan** published breakthrough research on[reading emotion from neural data](https://x.com/jonxuxu/status/2061433592371405010).**Vaibhav** released[datasets.bot](https://datasets.bot/), a curated list of open robotics datasets spanning 32,000+ hours of robot data.**Noah** open-sourced[vibethis](https://github.com/0xinsanity/vibethis), a Chrome extension for vibe-coding the software you’d otherwise pay for.\n\n**Coming Up**\n\n**Recent Content**\n\nWe released new conversations with ** Nato Saichek** (Longshot Space) on the 15-kilometer space gun they’re building to fling payloads into orbit, and\n\n**with Soleio on lessons from Figma, software decay, and creating the Inter font.**\n\n[Rasmus Andersson](https://www.youtube.com/watch?v=kPqH3ZSbVjo)The work continues.", "url": "https://wpnews.pro/news/june-2026-update", "canonical_source": "https://blog.southparkcommons.com/p/june-2026-update", "published_at": "2026-06-30 16:15:18+00:00", "updated_at": "2026-06-30 16:33:29.115220+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-products", "robotics", "ai-startups"], "entities": ["Baseten", "Longshot Space", "Orb", "Adyen", "AXION", "Snowflake", "Anthropic", "a16z"], "alternates": {"html": "https://wpnews.pro/news/june-2026-update", "markdown": "https://wpnews.pro/news/june-2026-update.md", "text": "https://wpnews.pro/news/june-2026-update.txt", "jsonld": "https://wpnews.pro/news/june-2026-update.jsonld"}}