Larmedias Capital Flow

4 companies took US
government money last week.
Heard of any of them?

We track SBIR awards, federal contracts and venture rounds (SEC Form D), then name the companies that just took money — usually weeks before anyone writes about them. Every figure traces back to a primary record.

Get this week's list — free
01 / What a signal looks like

Not articles.
The same columns, every time.

What has no fixed columns cannot be compared, and what cannot be compared cannot be used to decide. These are not mock-ups — they are live rows.

What happened
Contract NNH15CN76C2026-08-20
This transaction
$33.0Mobligated
Capital stage
Committed
Why it matters
The amount as recorded in the primary source. Lifetime disbursement is not ingested for this award yet.
What happened
Contract 80MSFC26C00122026-08-13
This transaction
$30.0Mobligated
Across the whole contract
$56.0Mobligated$0disbursed
Capital stage
Committednothing disbursed yet
Why it matters
$56.0M is obligated across this contract, but nothing has been paid out yet. The money is committed and has yet to move.
What happened
Contract 80TECH24CA0022026-08-20
This transaction
$22.1Mobligated
Capital stage
Committed
Why it matters
The amount as recorded in the primary source. Lifetime disbursement is not ingested for this award yet.

There is no commercialization-stage column yet. Most companies here have no LCI computed, and filling it would put an estimate next to verified facts. It goes in when enough companies have one.

8,973 capital events indexed100% primary-source linked(measured on the latest 1,000)25 public reportsData through 2026-08-20
02 / While you weren't looking

193 companies won
government money in four weeks.

SBIR and STTR are where small companies get their first government money. The amounts sit around $1M, so nobody writes about them — but the award lands in the government's own record the week it happens.

Phase I / proving feasibility
13
$2.6M
Phase II / building it
124
$44.0M
Phase III / the government bought it
32
$38.9M
phase not stated
40
$21.1M
Why III matters

Phase III is follow-on funding from outside the SBIR / STTR budget. It covers procurement, production, services, additional R&D and private capital — a strong signal that a company moved past the research stage. 32 landed in the last four weeks. Which kind of Phase III it is shows in the primary record.

See all 193, with amounts, funders and source records
03 / What arrives

Not an essay.
A list of names.

These are the actual published briefs, not mockups. You can read one right now without signing up.

  • 01Small companies landing their first SBIR or STTR award
  • 02Companies reaching Phase III — follow-on funding from outside the SBIR budget
  • 03Issuers with an exempt offering or sale on record (SEC Form D)
  • 04Companies taking both government and venture money
  • 05A link to the government or SEC record on every line

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04 / Filtered to you

193 companies is
too many to read.

The free brief covers the whole market, including companies with nothing to do with your thesis. Register your criteria and we send only what matched. The form is free — no payment at this step.

  • Only companies matching your themes and stages
  • New awards for the companies on your watchlist
  • First and repeat government awards
  • Source links you can paste straight into an IC memo

Decide about paying only after you have seen what the filter actually returns.

See pricing
Themes you invest in
Stages

Free. No payment at this step. You can change or delete these criteria at any time.

05 / Why this isn't in your usual tools

PitchBook is reading
a different ledger.

01Venture databases index rounds

A government award is not a round, so it never enters them. The same company sits in a ledger they do not read.

02Nobody writes up a $1.5M Phase II

Coverage follows large rounds and famous names. The award is public — it is simply never read out loud.

03The government record appears the same week

It lands in the transaction record the week the money is obligated. There is no article to wait for.

04Phase III is revenue, not funding

It means the government bought the product. No amount of funding data will ever tell you that.

Check us

Every figure links to its source — a USAspending transaction record for government awards, a Form D filed with the SEC for venture rounds. You do not have to trust us: open one and check the number yourself.

Open the data
06 / The whole flow

What we track

Government awards (obligated)
$2.20B
1,208 awards · 377 first-time recipients
Venture rounds (sold as of filing)
$10.12B
618 filings
992 companies2026-07-202026-08-16

We do not add these together. One is what the government became obligated to pay; the other is what an issuer had sold as of a filing. Most of the government side goes to universities, national labs and incumbent primes — for a reader looking for investable companies, the SBIR figures above and the venture-backed names are the part that matters.

2026-05-11dashed line = 13-week average/ hatched = partial source coverage2026-08-10
Break it down by theme, company and funder

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Narrowing it to your mandate is the paid part.

Capital Flow WeeklyMandate Pilot
ScopeThe whole marketYour mandate
CompaniesThis week's largestSeven to review first
ContentsCapital events and primary recordsWhy each one, and what to verify
FrequencyWeeklyWeekly
PriceFree$500 / month

Start with the free tier. Consider Mandate Pilot only if you want to stop doing this filtering yourself every week.

08 / Who publishes this

Before you ask —
here is what it cannot do.

Where does the data come from?
US federal contract and grant transactions (USAspending.gov) and SEC filings (Form D). Every figure links straight back to the record it came from.
Does a person check these rows?
No. This is collected automatically from public records; no person reads the rows or adds interpretation. In exchange, every figure links back to the record it came from — check the source rather than trusting us. See the confidence tiers
Does this cover every round?
No. We see US government outlays and Form D filings — nothing else. Rounds with no Form D, private transactions, and non-US capital are absent. This is not coverage; it is speed on what the public record shows.
What do I get by paying?
The underlying data is identical. Mandate Pilot ($500/month) delivers it already filtered to your criteria — the difference is not doing that filtering yourself every week. Pricing and cancellation
How do I stop?
Every email carries an unsubscribe link. If you also want the underlying record deleted, write to us and we will delete it and confirm. Privacy Policy

Operator

Company
Locamoca Inc.
Representative
淺野 弘久
Address
〒111-0032 東京都台東区浅草1-13-5 井門浅草すしや通りビル C66
Contact
locamoca-info@locamoca-inc.comWithin two business days
Full operator information

Next week, another list.
The names will be new to you again.