Opaque Raises Series B Funding
Opaque, a confidential AI startup, announced the closing of a Series B funding round. The capital will be used to extend cryptographic guarantees across AI training and inference, build post‑quantum security, and enable sovereign cloud deployments. The round’s size and investors were not disclosed.
Cernel Raises $4.4M Seed Round Led by Seed Capital
Cernel, a Danish AI‑driven ecommerce data startup, closed a €4 million ($4.4 million) seed round led by Seed Capital, with participation from new angel investors and existing shareholders. The capital will fund expansion of its engineering team, deeper integrations with retailers, and...
Nvidia Invests $2 Billion in Marvell Technology
Nvidia Corp. has invested $2 billion in Marvell Technology Inc. as part of a strategic partnership to develop silicon‑photonics technology and integrate Nvidia’s AI accelerators with Marvell’s networking capabilities, aiming to make AI services more affordable and accelerate telecom networks.
Gnani.ai Secures $7.2M Series B Funding Led by Aavishkaar Capital
Gnani.ai, a voice‑first generative AI startup, raised Rs 68 crore (≈ $7.17 million) in a Series B round led by Aavishkaar Capital. The funding, issued via 1,647 compulsory convertible preference shares, values the company at Rs 818 crore (≈ $87 million). Proceeds will be used to scale its voice...
Zendesk Acquires AI-Native CX Startup Forethought in One of Its Biggest-Ever Deals
Zendesk announced it has closed its acquisition of Forethought, an AI-native agentic CX platform, marking one of its largest deals to date. The acquisition aims to accelerate Zendesk’s AI roadmap and enhance its customer service automation capabilities. Deal terms were...
Mistral AI Closes $830M Debt Financing to Expand European AI Infrastructure
French AI startup Mistral AI secured $830 million in debt financing to fund a new data center near Paris, boosting European AI infrastructure. The financing will support construction of the facility, slated to be operational in Q2 2026, as part...
Merlin Labs Goes Public via $200M SPAC Merger with Inflection Point Acquisition Corp. IV
Merlin Labs completed a SPAC-backed merger with Inflection Point Acquisition Corp. IV earlier this month, giving the Boston‑based startup over $200 million to accelerate commercialization of its AI‑powered autonomous flight control system. The transaction took the company public and positions it...
SentinelOne's S Ventures Invests in AI Backup Startup Eon
Eon, an intelligent cloud backup and AI data resilience provider, announced a strategic investment from SentinelOne's venture arm, S Ventures. The undisclosed amount will support integration of SentinelOne's AI security platform with Eon's data protection solutions, enhancing ransomware protection and AI...
Rebellions Raises $400M in Pre‑IPO Round Led by Mirae Asset Financial Group
South‑Korea‑based AI hardware startup Rebellions announced a $400 million pre‑IPO funding round, led by Mirae Asset Financial Group with participation from the Korea National Growth Fund, bringing its total funding to $850 million and valuing the company at $2.34 billion. The capital will...
AI Diagnostic Startup Lucida Medical Raises $11M in Macmillan-Backed Round
Cambridge-based Lucida Medical, which uses AI to diagnose prostate cancer from MRI scans, announced it has closed a funding round of £8.7 million (≈$11 million). The round was led by IW Capital with participation from Macmillan Cancer Support and XTX Ventures. The...
German AI Startup Deeplify Closes $2.2M Pre‑seed Funding Round
German industrial AI startup Deeplify announced the closing of a €2.0 million ($2.2 million) pre‑seed funding round led by D11Z Ventures, with participation from Vanagon Ventures, EWOR and strategic business angels. The capital will be used to expand its AI platform for...
Eli Lilly Commits $2.75B to Insilico Medicine for AI‑discovered Drug Candidates
On March 29, Eli Lilly announced a $2.75 billion corporate investment in Insilico Medicine, paying $115 million upfront and tying the remaining $2.63 billion to milestones and royalties. The deal grants Lilly global rights to develop and commercialize oral therapeutics discovered by Insilico’s AI...
Niv-AI Raises $12M Seed Round to Boost Data Center Energy Efficiency
Data center energy efficiency startup Niv-AI announced a $12 million seed round, emerging from stealth. The round was backed by Glilot Capital, Grove Ventures, Arc VC, Encoded VC, Leap Forward and Aurora. The funding will help develop its AI-driven platform that analyzes GPU power...
CNTR Raises Multi‑million‑dollar Investment From Roland Berger
Former Aleph Alpha CEO Jonas Andrulis launched AI startup CNTR, which focuses on collaborative AI systems for industrial use. The startup secured a multi‑million‑dollar investment from German consultancy Roland Berger. Apple engineer Alejandro Molina also joined CNTR as CTO.
Highlight AI Raises $40M Series A Led by Khosla Ventures
Highlight AI announced a $40 million Series A round led by Khosla Ventures to develop a shared intelligence layer that coordinates AI agents and human workflows. The funding will be used to double headcount, focusing on engineering to build the...
Meta Completes Acquisition of AI Startup Manus Amid Chinese Government Pushback
Meta has completed its acquisition of the AI startup Manus, prompting criticism from Chinese authorities who have barred the founders from leaving the country. The move has also led the China Computer Federation to call for a boycott of the...
Deccan AI Secures $25M Series A Funding Led by A91 Partners
Deccan AI announced a $25 million Series A round led by A91 Partners, with participation from Susquehanna International Group (SIG) and Prosus Ventures. The funding will be used to expand its enterprise‑focused AI offerings and strengthen its platform for deploying and evaluating...
Signal AI Acquires Memo to Boost AI‑Driven Reputation Intelligence
Signal AI, a provider of AI‑driven reputation and risk intelligence, announced the acquisition of Memo, a platform that captures readership data at the article level. The deal will integrate Memo’s metrics into Signal AI’s suite, giving brand leaders deeper insight...
Ameriabank Invests $60M in Firebird.ai's 100MW AI Data Center in Armenia
Armenian bank Ameriabank announced a $60 million financing commitment to US‑based AI cloud company Firebird.ai for the construction of a 100 MW AI data center in Armenia. The investment, part of a broader $500 million public‑private partnership with the Armenian government, follows Firebird.ai's...
SOUS Raises $4.3M Seed Round Led by Seed +Speed Ventures
Amsterdam-based AI growth platform SOUS announced it closed a $4.3M seed round, led by Seed +Speed Ventures with participation from PeakBridge, Altitude, Gekko Capital and angel investors. The funding will be used to expand its product and engineering teams, further...
Grand Raises $5M Pre-Seed Round Led by 20VC
Grand, an AI-powered FinTech building a payment network for construction, manufacturing and trade supply industries, announced a $5 million pre-seed round led by 20VC with participation from NAP and firedrop. The funding will support development of its AI-driven trust network...
Mozilla Invests $730K in Partnership with Mila to Develop Open-Source AI Tools
Mozilla will invest an initial $730K (CAD $1M) and provide engineering collaboration to Mila, the Montreal AI research institute, to develop open-source AI tools, starting with a memory architecture project for large language models. The partnership aims to promote AI...
Conntour Raises $7M Seed Round From General Catalyst, Y Combinator, SV Angel and Liquid 2 Ventures
Conntour, an AI video intelligence platform, announced a $7 million seed round backed by General Catalyst, Y Combinator, SV Angel, and Liquid 2 Ventures. The funding will support product development and expansion of its on‑premises natural‑language video search technology for...
Galdera Labs Raises $1.65M Pre‑seed Round Led by J12 Ventures
Stockholm‑based Galdera Labs secured €1.5 million (≈$1.65 million) in a pre‑seed round to build its AI‑driven financial modelling platform. The round was led by J12 Ventures with participation from Antler and several angel investors. The funding will support product development and early...
Lumentum Acquires Qorvo’s Greensboro Plant to Expand AI Laser Manufacturing
Lumentum Holdings announced it has acquired a 240,000‑sq‑ft facility from Qorvo in Greensboro, North Carolina, to retrofit for indium phosphide laser production serving AI data centers. The acquisition, part of Lumentum’s onshoring push, will create over 400 jobs and sees...
Shield AI Raises $2B in Series G and Preferred Equity Financing at $12.7B Valuation
Shield AI announced a $1.5B Series G round and $500M preferred equity financing, valuing the company at $12.7B. The capital will fund the acquisition of defense simulation firm Aechelon Technology and accelerate development of its Hivemind autonomy platform.
Lobby Raises $2.2M From Founderful to Expand AI Booking Platform
Lobby, an AI-driven group booking platform for the travel industry, secured $2.2 million in funding from venture firm Founderful. The capital will enable Lobby to expand beyond hospitality into the MICE, cruise, airline, and attractions sectors. Founderful’s Co‑Founder Pascal Mathis will...
Origin Raises $30M Series A+ Round Led by Notion Capital
Origin, the AI‑native benefits intelligence platform, announced a $30 million Series A+ funding round, bringing its total funding to over $50 million. The round was led by Notion Capital with participation from Felix Capital, Acadian Ventures and HSBC Innovation Banking UK. The...
Machina Labs Secures $124M Series C Funding From Lockheed Martin Ventures and Toyota
Machina Labs, an AI-driven intelligent factories firm, announced a $124 million Series C round backed by investors including Lockheed Martin Ventures and Toyota. The capital will fund a new 200,000‑sq‑ft facility and accelerate the company’s manufacturing technology for commercial and...
Futurepresent Raises $300M Fund I to Back AI Across Infrastructure and Industry
German-US venture capital firm Futurepresent has emerged from stealth with a $300 million Fund I to invest in AI across the physical world, complex industries, and AI infrastructure. The fund will support pre‑seed, seed and growth‑stage investments in AI‑focused startups, leveraging...
Tripo AI Secures $50M Funding From Alibaba and Baidu Ventures
San Francisco‑based Tripo AI announced a $50 million funding round backed by Alibaba and Baidu Ventures. The capital will accelerate development of its 3D foundation models and expand its global developer platform for gaming, robotics, manufacturing, and immersive media.
MariaDB Plc Completes Acquisition of GridGain Systems, Inc.
MariaDB plc announced the completion of its acquisition of GridGain Systems, Inc., integrating GridGain’s in‑memory computing technology to create an AI‑Ready Operating Platform. The deal, announced on March 25 2026, positions MariaDB to support autonomous AI agents with high‑velocity data processing.
Granola Raises $125M Series C Led by Index Ventures, Achieving Unicorn Status
London-based AI-powered notepad startup Granola announced a $125 million Series C round led by Index Ventures, valuing the company at $1.5 billion and granting it unicorn status. The funding will support product development and expansion of its AI-driven note‑taking platform used by...
AgriPass Raises $7.5M to Scale AI Weeding Robot
Israeli ag‑robotics startup AgriPass announced it has closed a $7.5 million funding round to accelerate the commercial rollout of its AI‑driven RHIC weeding robot. The capital will be used to scale manufacturing and expand field deployments across the United States and...
Normal Computing Raises $50M in Funding Led by Samsung Catalyst Fund
Normal Computing, a startup developing efficient AI computing architectures, announced a $50 million funding round led by Samsung Catalyst Fund, with participation from other institutional investors. The capital will be used to advance probabilistic computing techniques and new hardware designs...
Littlebird Raises $11M Seed Round Led by Lotus Studio
San Francisco‑based Littlebird, a full‑context AI assistant for Mac, announced its public launch alongside an $11 million seed round. The round was led by Lotus Studio with participation from angel investors Lenny Rachitsky and Scott Belsky. The funding will support product...
Epic Microsystems Secures $21M Series A Funding Led by Seligman Ventures
AI chip startup Epic Microsystems announced a $21 million Series A round led by Seligman Ventures, with participation from Intel Capital, AICONIC Ventures, Cambium Capital and existing seed investors. The funding will accelerate development of its hybrid switched‑capacitor power delivery...
ZeroToOne.AI Acquires GroundTruth to Deploy AI-Driven Predictive Intelligence Platform
ZeroToOne.AI, a leader in predictive behavioral intelligence, announced the acquisition of GroundTruth, a real-world data platform serving over 2,000 enterprise customers. The combined entity will launch a large‑scale predictive intelligence platform that leverages ZeroToOne’s Large Behavioral Model and GroundTruth’s extensive...
Pepper Acquires Alima to Boost AI-Driven Product Content for Food Distributors
New York‑based Pepper announced the acquisition of Alima, a Y Combinator‑backed startup that provides ordering and procurement software for small food distributors in Latin America. The deal, disclosed on Tuesday, brings Alima’s co‑founders into Pepper’s leadership and expands its AI‑driven product...
Cerebras Systems Announces $1B Funding Round at $23B Valuation
Cerebras Systems, known for its large AI chips, announced an early‑2026 funding round of $1 billion, bringing its post‑money valuation to about $23 billion. The round follows a $1.1 billion raise in September 2025 and underscores the company’s rapid growth in the AI...
Evolute IQ Secures $53M Minority Growth Funding Led by Baird Capital
Swedish AI-native automation platform Evolute IQ announced it has raised $53 million in a minority growth funding round led by Baird Capital. The capital will support expansion of its EIQ platform, including opening an R&D facility in Menlo Park and...
Epiq Acquires AI Communication Monitoring Platform LitLingo
Epiq announced the acquisition of LitLingo, an AI-driven communication monitoring platform that uses machine learning to detect security risks in internal employee communications. The terms of the deal were not disclosed. The purchase expands Epiq's AI capabilities in compliance and...
Vertiv to Acquire Italy‑Based Heat‑Exchanger Specialist ThermoKey
Vertiv announced it will acquire Italian heat‑exchanger specialist ThermoKey to strengthen its thermal management portfolio for AI‑intensive data centers. The acquisition will expand Vertiv’s capabilities across liquid and air cooling and address the growing heat‑rejection bottleneck in high‑density AI workloads....
Gimlet Labs Raises $80M Series A to Accelerate Multi‑silicon AI Inference Cloud
Gimlet Labs, a multi‑chip inference cloud startup, announced an $80 million Series A round led by Menlo Ventures with participation from Factory, Eclipse, Prosperity7 and Triamtomic. The funding will help scale its platform that distributes AI workloads across heterogeneous chips, aiming to...
Mirage Raises $75M Growth Financing From General Catalyst's Customer Value Fund
AI video‑editing startup Mirage announced a $75 million growth financing round led by General Catalyst’s Customer Value Fund. The capital will be used to expand its AI model portfolio and accelerate growth in Asian markets. Mirage, formerly known as Captions, aims...
Pagaya Closes $450M AI-Underwritten Auto Resecuritization Deal
Fintech Pagaya Technologies announced the closing of a $450 million auto resecuritization transaction, the first refinancing under its AI‑driven Pagaya Motor (RPM) shelf. The deal repackages receivables from three prior RPM securitisations into fresh notes for institutional investors, marking a rare...
Cambridge Mobile Telematics Raises $350M in Strategic Investment From TPG Rise Funds, Allianz X and State Farm
Cambridge Mobile Telematics secured a $350 million strategic investment led by TPG Rise Funds and Allianz X, with State Farm also participating. The secondary transaction provides liquidity to existing shareholders and funds further development of its AI‑powered telematics platform for insurers and...
Frore Systems Secures $143M Series D, Valued at $1.64B
Frore Systems Inc. announced the close of a $143 million Series D financing round, bringing its total capital raised to $340 million and valuing the company at $1.64 billion. The round was led by MVP Ventures with participation from Fidelity Management & Research Company,...
Profitmind Raises $9M Series A Led by Accenture Ventures
Profitmind announced a $9 million Series A funding round led by Accenture Ventures, with strategic partnerships including Microsoft. The capital will be used to scale its AI-powered retail decision intelligence platform across the sector. The round was disclosed in a...
Triangle Health Raises $4M to Power AI-Driven Health Insights
Triangle Health announced a $4 million fundraising round to develop its AI platform that helps users upload health records and receive treatment suggestions. The funding will support product development and scaling of its AI-driven health insights service.
