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.

June 2026 Update Space Guns, AI Inference, Neural Headbands June 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 . If you’re interested in joining SPC, apply here https://www.southparkcommons.com/apply . 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 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 , where teams demoed working prototypes across physical AI, bio, and deep tech. Curiosity 2.0 Hard-Tech Showcase https://x.com/spc india/status/2061450319910064371 Fund Updates It was a landmark month for SPC companies. 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. Member Updates Product Launches & Company News launched 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. Personal Projects, Explorations & Publications 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. 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 Andersson https://www.youtube.com/watch?v=kPqH3ZSbVjo The work continues.