Real-time updates from the world of business, finance, and technology.
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.
New Delhi-based D2C beauty brand AntiNorm has raised INR 28 crore in a seed round. The round was led by Fireside Ventures with existing backers adding more. The money will go toward wider distribution, R&D, hiring, and inventory for fast-moving products.
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.
India-based agritech platform Arya.ag has raised USD 80.58 million in a Series D round. The round was led by GEF Capital Partners and included both new shares and some secondary sales. The money will go toward wider reach, technology upgrades, and post-harvest improvements.
Indian lending infrastructure provider Knight FinTech has raised USD 23.6 million in a Series A round. The round was led by Accel with new and existing investors joining. The funds will support product development and expansion into new regions.
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%.
Banking tech firm Zeta has raised $50 million from a strategic investor. The deal values the company at $2 billion, up from its last funding round in 2021.
Naxatra Labs closed USD 3 million in Pre-Series A funding. Rainmatter led the round with several angels joining. The cash will help scale production and push into exports.
