River AI secures $1.1B in funding to rethink AI architecture
River AI, founded by Igor Babuschkin, raises $1.1B in seed and Series A funding to rebuild AI technology from the ground up.
Funding
Latest startup funding rounds and investment news.
River AI lands $1.1B round led by General Catalyst, aims to redefine personal AI agents
River AI, founded by ex-xAI co-founder Igor Babuschkin, secures $1.1B in funding to build personal AI agents.
Aureka raises $100M Series B to challenge AlphaFold in AI-driven drug discovery
Aureka secures $100M Series B to advance its AuraIDE biological foundation model and compete with AlphaFold in AI4S.
Discovered Materials raises $9M to accelerate AI-driven semiconductor material discovery
Discovered Materials secures $9M seed funding to develop AI agents for faster semiconductor material discovery, competing with Orbital Materials and CuspAI.
Echovane secures $1M pre-seed to automate complex market research with AI agents
Echovane raises $1M pre-seed to develop AI agents for end-to-end market research automation, adopted by Coca-Cola and Procter & Gamble.
Anthropic, Macquarie, and GIC invest $1.5B in AI data centers to power Claude
Anthropic, Macquarie, and GIC form a $1.5B venture to build AI data centers for Claude, aiming to expand its infrastructure.
AI startups lead €1.8B funding surge in Europe, July report shows
AI startups attracted €1.8B in July, leading European tech funding with 35+ deals last week, per tech.eu's monthly report.
Edgify secures $9M to expand edge AI in retail, total funding hits $25M
Edgify raises $9M from Rank Ventures and Mangrove Capital to scale its edge AI platform in retail, reaching $25M total funding.
Olix, the AI chip startup, hits $3.3B valuation with James Dacombe as Britain's youngest billionaire
Olix, an AI chip startup, raises $312M, tripling its valuation to $3.3B and making 25-year-old founder James Dacombe a billionaire.
MStack AI seeks $30M as India's AI funding race accelerates
MStack AI is in talks to raise $30 million, signaling a surge in AI startup funding in India.
Decart nears $6B-$7B sale, SpaceX and Amazon in final bidding
Israeli AI startup Decart is in advanced talks for a $6B-$7B sale, with SpaceX and Amazon among the final bidders.
FKI's Plus Startup to fund 100 AI, semiconductor, biotech startups in 12-week program
FKI's Plus Startup selects 100 early-stage startups in AI, semiconductors, and biotech for a 12-week program with investment links.
Hadrian's $1.4B round fuels automated aerospace factories
Hadrian secures $1.4B to scale automated aerospace manufacturing, joining a wave of AI-driven industrial startups.
Inevitable AI Group secures $6M to launch AI-native SaaS ventures
Inevitable AI Group raises $6M pre-seed to build AI-native SaaS companies through a venture studio model.
Bangladesh's FE launches $10M fund to bridge AI startup funding gap
Bangladesh's Financial Express launches $10M fund to support AI startups, addressing critical funding shortages.
Anthropic's $965B valuation faces IPO test as it files confidentially
Anthropic, the company behind Claude, files for a 2026 IPO with a $965B valuation after a $65B funding round.
Sapiom's $35M raise slashes AI agent costs 95% for Polsia, with Anthropic as backer
Sapiom raised $35M to cut AI agent costs, reducing Polsia's Anthropic bill from $1.2M to $100K monthly.
Cursor's $3.4B haul tops AI coding startups, but funding concentrates at the top
Cursor has raised $3.4B, more than any other AI coding startup, but funding is consolidating among a few top players.
Source Foundry lands $400M at $5B valuation to rival ASML in AI chip manufacturing
Source Foundry raises $400M to challenge ASML in AI chip manufacturing, highlighting investor interest in semiconductor infrastructure.
Saudi Arabia's $106.6M July haul leads MENA startup surge
Saudi Arabia dominated MENA startup funding in July, securing $106.6M across 16 deals, per Wamda data.
Pinegap raises $8M to automate equity research, serving 100+ funds
Pinegap secures $8M Series A to expand its AI-powered equity research platform for institutional investors.
Hadrian and Valar Atomics raise $2.37B to tackle AI infrastructure
Two LA startups secure $2.37B to build factories and nuclear reactors for AI's power and hardware needs.
Harvey's $15.5B valuation soars 40% in five months on $350M annual revenue
Legal AI startup Harvey is raising $500M at a $15.5B valuation, up 40% in five months, with $350M in annual revenue.
Decade's $85M seed round leads Latin America's $126M AI funding week
Decade's $85M seed round tops Latin America's $126M startup funding week, with enterprise AI and legaltech attracting major investment.
fal.ai and Periodic Labs: Turkish AI startups hit $5.8B valuation in Silicon Valley
fal.ai and Periodic Labs, founded by Turkish entrepreneurs, reach $5.8B combined valuation in Silicon Valley.
Pangram raises $9M to launch 99% accurate AI text detection model
Pangram secures $9M funding to introduce Pangram 4 with 99% accuracy in text detection and Pangram Image for AI-generated visuals.
PetrolPrice lands $2M from Balaji Srinivasan to track global fuel prices
Malaysian AI startup PetrolPrice secures $2M pre-seed funding for its global fuel price intelligence platform.
Firmus hits $15B valuation after $2.85B round for AI infrastructure
Firmus, an Australian AI data centre startup, raises $2.85B in 12 months, now valued at $15B.
Lumilens raises $700M at $5.51B valuation to tackle AI data center bottlenecks
Lumilens, an AI infrastructure startup, raises $700M in Series C funding to scale its optical interconnect technology for AI data centers.
Tau Ventures' $100M Fund Bets on Seed-Stage AI Startups with 0.2% Acceptance Rate
Tau Ventures launches its third fund, targeting seed-stage AI startups in digital health, enterprise AI, and physical AI, with a 0.2% acceptance rate.
Gravity raises $30.5M to build AI-native ad stack for brands like Target and Best Buy
Gravity, an adtech startup, raises $30.5M to expand its AI-native advertising platform, serving brands like Target and Best Buy.
Consint.AI secures Rs 22 crore in Series A to scale healthcare AI
Consint.AI raises Rs 22 crore in Series A funding to expand its AI-driven healthcare solutions, addressing efficiency and accuracy in the sector.
Together Fund seeks $170M for AI-focused Fund III as sector heats up
Together Fund, an operator-led VC firm, is in talks to raise $150-170M for its third AI-focused fund.
Relu secures €1.51M to expand AI dental design in the US
Relu, an AI dental startup, raises €1.51M from DIA to accelerate US market growth with its automated dental design platform.
Hadrian's $8B valuation signals defense tech's VC explosion
Defense tech startup Hadrian reaches $8B valuation in latest funding round, reflecting surging investor interest in AI-powered military solutions.
Europe's $23B AI funding surge still lags 14x behind US
European AI startups raised $23 billion in H1 2026, but US funding was 14 times higher, per Tech Funding News.
Greater China's Q2 AI megadeals hit $19.3B, 72% of total funding
Greater China's Q2 2026 saw $19.3B in AI and embodied intelligence megadeals, accounting for 72% of total funding.
Sapiom banks $35M Series A to slash AI agent costs, Anthropic among backers
Sapiom raises $35M to cut AI agent running costs by up to tenfold, with Anthropic as an investor.
MagicSchool AI secures $63M for K-12 educators, defying non-tech founder bias
MagicSchool AI, founded by former educator Adeel Khan, raises $63M to expand its AI platform for K-12 schools.
Ellis AI raises $10M seed round to democratize private credit operations
Ellis AI secures $10M in seed funding to build its AI-native platform for private credit managers, backed by Harlem Capital and others.
OpenAI and Anthropic capture 80% of $305.6B AI 50 funding, reshaping enterprise AI market
OpenAI and Anthropic dominate Forbes' AI 50 list with $242.6B funding, setting a new standard for enterprise AI adoption.