Axle raised $9M led by Eniac and Bonfire Ventures for software and AI agents that help banks set up meetings between investors and company bosses.
Mercor’s valuation doubled to $20bn with a $750m round. The AI training startup now wants to sell AI evals to companies beyond the frontier labs.
Path Robotics raised $300m at a $2.45bn valuation. Its CEO says the goal is ‘to automate the entire factory’.
Dresden-based Sparxity, formerly SpiNNcloud, has closed a Series A led by ICM HPQC Fund, bringing its total funding to $90m.
Graphon Labs raised $35m. Its CEO says common AI search is like ‘searching through the pages of a torn-up book’.
Bay came out of stealth with $50m for AI agent security. It checks each agent action before it runs and can block it or ask a human.
World News
Third Door Ventures is tapping into the growing popularity of land lease communities and retirement living with its latest acquisition.
Mindmax, from Memrise co-founders Ed Cooke and Daniel Zohar, has raised $3.3m to build an AI tutor for professional exams and new skills.
Corridian calls it ‘stealth logistics’: carrying cargo underwater, out of sight, without a crew. Point72 Ventures led its $38M seed.
NBCUniversal says it will help EloElo expand ‘beyond India, including into the U.S. market’ after co-leading its $80M Series C.
Traversal’s CEO says AI-written software breaks ‘in fundamentally new ways’. Its agents find the cause, and investors now value it at $1B.
Industrial robotics startup Aformic raised a $6.95M seed round led by Veteran Ventures Capital. It says it has $34M in orders and robots at Toyota and 3M.
Larridin raises $30M as Pelion’s Jeff Kearl says firms are saying ‘Wow, that’s a lot of money going to AI’. It has 50 enterprise customers.
‘AI is transforming advertising,’ says Journify CEO Taoufik El Jamali, as the ad signal company raises a $12M Series A at 4x its valuation.
Sports
The new joint venture, chaired by Upendra Mahoto, aims to expand into football, grassroots development, and women's sports.
Collective, which handles accounting, payroll and taxes for solo business owners, has raised $100m, including a $40m Series B led by General Catalyst.
San Francisco startup Plato raised a $16M Series A led by Nava Ventures, with Microsoft AI chief Mustafa Suleyman, to build simulated jobs for AI agents.
The cloud security startup raised a Series C at a $3.8B valuation, instead of selling itself for the same price.