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Artificial Intelligence
Bengaluru-based voice AI startup Ringg AI has raised USD 5.5 million in a Series A round. The investment was led by Arkam Ventures with several others joining. The funds will help grow teams, build new products, and expand abroad.
Higgsfield has raised $80 million in a Series A extension, bringing total Series A funding to $130 million. The AI video platform now runs at a $200 million annual rate and serves millions of users daily.
GrowthPal has raised USD 2.6 million in a new funding round. The company plans to expand its AI-led M&A platform in the US and other markets.
Deepgram announced it has raised USD 130 million in a Series C funding round. New capital will help grow its real-time voice AI platform and build new services.
OpenAI has acquired US-based health-tech startup Torch. The deal is valued at more than USD 100 million and strengthens OpenAI’s push into healthcare.
AI startup Aivar has raised USD 4.6 million. No details on the round type or investors. The company focuses on making AI experiments ready for enterprise use.
Barcelona-based Zynap raised EUR 6 million in a Seed round extension. Existing investors Kibo Ventures and Kfund put in more. This takes the total funding to EUR 12 million.
AI marketing platform Nitro Commerce has raised USD 5 million in a Series A round. The round was led by Cornerstone Ventures with several other investors joining. The funds will go toward scaling in India and abroad, better AI tools, and hiring.
Enterprise AI firm Articul8 has raised more than half of its planned $70 million Series B round. The company is now valued at $500 million and plans to expand across Europe and Asia.
Cyera announced a $400 million Series F round. Blackstone led the investment. The funding triples the companies valuation to $9 billion.
Elon Musk-founded xAI has raised $20 billion in a Series E round, above its original target. The funding brings in major financial and strategic investors as xAI scales compute and products.
LMArena, an AI evaluation platform, raised USD 150 million in Series A funding. The round was led by Felicis and UC Investments with top investors joining in.
Lyte has revealed itself with USD 107 million in funding. The company builds perception systems that help robots see and act safely.
Manus has joined Meta in a strategic acquisition valued at USD 2 billion. The company will continue to run its product and operations from Singapore.
SoftBank has completed its full commitment to invest in OpenAI after closing an additional $22.5 billion round. The final investment brings SoftBank’s ownership in OpenAI to around 11%.
Lovable announced a $330 million Series B round. CapitalG and Menlo Ventures led it. The startup builds tools for non-technical people to create software.
MoEngage has raised an extra $180 million in its ongoing Series F round. The funding also included a liquidity event for employees and early backers.
Databricks has raised more than $4 billion in a Series L round at a $134 billion valuation. The company says its revenue run-rate has crossed $4.8 billion, growing over 55% from last year.
London-based Conveyd raised GBP 2.5 million in seed funding. Eka Ventures led the round. Portfolio Ventures joined along with existing backers.
Shapes raised $24 million in seed and Series A rounds. Entrée Capital led the Series A. It builds AI-native platform for people management.
Opine raised $5 million in new funding. S3 Ventures led the round. It unifies technical sales for B2B teams.
Empromptu raised $2 million in pre-seed funding. Precursor Ventures led the round. It lets businesses build AI apps easily.
Unconventional AI raised $475 million in seed funding. Andreessen Horowitz and Lightspeed led the round. It values the company at $4.5 billion.
Curvestone AI closed USD 4 million in seed funding. MTech Capital led the round. Boost Capital Partners, D2 Fund, and Portfolio Ventures joined in.
Gradium emerged from stealth with $70 million seed funding. FirstMark Capital and Eurazeo led the round. It builds low-latency audio AI from Paris.
SF Compute closed USD 40 million in Series A funding. The round valued the company at USD 300 million. The cash will help grow its AI compute marketplace.
Mirror Security closed USD 2.5 million in pre-seed funding. Sure Valley Ventures and Atlantic Bridge led the round. The cash will help grow teams and speed up product work.
Black Forest Labs closed a USD 300 million Series B round. The deal put the post-money valuation at USD 3.25 billion. The money will go toward faster research and development.
GetVocal closed a USD 26 million Series A round. Creandum led the deal with Elaia and Speedinvest joining in. The fresh capital will help the company grow its team and reach in Europe.
Kingpin closed USD 3.5 million in seed funding. Infinity Ventures led the round with others joining. The cash will support growth in new markets and teams.
Jeff Bezos has co-founded and will co-lead the AI start-up Project Prometheus, which received $6.2 billion in funding. The company focuses on AI for engineering, manufacturing, and aerospace applications.
AI coding assistant Cursor has raised $2.3 billion in a large Series D round, taking its valuation to $29.3 billion. The company plans to use the capital to build its in-house AI models and expand its product capabilities.
Anthropic has raised $13 billion in a Series F round led by ICONIQ. The deal values the AI company at $183 billion post-money and brings in a long list of global investors.
Scale AI has received a major strategic investment from Meta Platforms, valuing the company at over $29 billion. The deal expands the companies’ commercial partnership and marks a leadership transition at Scale.
SoftBank Group plans to invest up to $40 billion more in OpenAI through a new follow-on deal. The move deepens its bet on AI as it looks to back OpenAI’s next phase of growth.
Google has signed a deal to buy cloud security firm Wiz for USD 32 billion. The move strengthens Google Cloud’s push into security and multicloud services.