Startups

Startups

CoreWeave Acquires Weights & Biases in a $1.7 Billion AI Cloud Play

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Chris McKay• March 4, 2025 • 2 min read

CoreWeave, the NVIDIA-backed AI cloud provider, has acquired Weights & Biases, a leading AI developer platform, for approximately $1.7 billion, strengthening its position in AI infrastructure and software.

Venture Capital Startups Fintech

Unique Raises $30M to Expand Its AI Agents for Financial Services

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Chris McKay• February 27, 2025 • 1 min read

Swiss AI startup Unique has raised $30 million in a Series A round to expand its AI-powered financial compliance and research agents, with a focus on the U.S. market.

Startups

Inception Labs Launches Mercury, the First Commercial Diffusion-Based Language Model

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Chris McKay• February 26, 2025 • 2 min read

Inception Labs has launched Mercury Coder, the first commercial diffusion-based large language model (dLLM), promising up to 10x faster text generation and lower computational costs than traditional autoregressive models.

Venture Capital Startups

Together AI Raises $305M to Expand Its AI Acceleration Cloud

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Chris McKay• February 20, 2025 • 1 min read

Together AI has raised $305 million in a Series B funding round led by General Catalyst, bringing its valuation to $3.3 billion as it scales its AI Acceleration Cloud for open-source and enterprise AI.

Venture Capital Startups Healthcare

OpenEvidence Raises $75M to Scale AI for Doctors, Hits $1B Valuation

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Chris McKay• February 19, 2025 • 2 min read

AI-powered medical assistant OpenEvidence has raised $75 million in a Sequoia-led round, pushing its valuation to over $1 billion as it expands its AI copilot for physicians.

Startups

Ex-OpenAI CTO Mira Murati Launches Thinking Machines Lab with AI Veterans

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Chris McKay• February 18, 2025 • 2 min read

Thinking Machines Lab is focused on making AI systems more customizable, advancing foundational AI technologies, and promoting open science.

Venture Capital Startups

Can Tofu Solve Martech Bloat? Investors Bet $12M on It

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Chris McKay• February 13, 2025 • 2 min read

San Francisco-based AI marketing platform Tofu has raised a $12 million Series A round led by SignalFire to expand its unified AI-driven solution, addressing the growing challenge of martech bloat for go-to-market (GTM) teams.

Venture Capital Startups Chips

EnCharge AI Raises $100M to Bring Energy-Efficient AI Chips to Market

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Chris McKay• February 13, 2025 • 2 min read

The company is developing analog in-memory computing chips designed to significantly lower the energy consumption of AI inference workloads.

Venture Capital Startups Biotech & Health

Latent Labs Raises $50M to Bring AI-Designed Proteins to Drug Discovery

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Chris McKay• February 12, 2025 • 2 min read

The biotech startup founded by former DeepMind researcher Simon Kohl, has raised $50 million to develop AI models that design synthetic proteins from scratch, aiming to accelerate drug discovery and development.

France Venture Capital Startups

France’s Bpifrance Commits $10.3 Billion to AI Ecosystem Ahead of Global Summit

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Chris McKay• February 7, 2025 • 2 min read

This new commitment will focus on three areas: foundation models, AI infrastructure, and AI-specialized chips.

Venture Capital Startups

Self Inspection Raises $3M to Scale AI-Powered Vehicle Inspections

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Chris McKay• February 7, 2025 • 1 min read

The system automatically detects damage, assesses severity, and generates a detailed repair estimate, producing a report comparable to those from professional body shops.

SSI Venture Capital Startups

Safe Superintelligence in Talks for $20 Billion Valuation Despite No Revenue

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Chris McKay• February 7, 2025 • 3 min read

The figure represents a fourfold increase from its $5 billion valuation last September, despite the company having yet to generate any revenue.

Venture Capital Startups

Composo Secures $2M to Help Enterprises Evaluate AI Applications

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Chris McKay• February 7, 2025 • 1 min read

Composo's platform combines custom-built evaluation models with a flexible set of criteria to help companies assess their AI applications.

Google Startups

Google X Spins Off Heritable Agriculture to Transform Crop Development Using AI

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Chris McKay• February 3, 2025 • 2 min read

The company combines AI and advanced plant breeding techniques to develop more resilient and productive crops.

Venture Capital Startups

Tana Raises $14M to Transform Knowledge Work with AI-Native Workspace

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Chris McKay• February 3, 2025 • 2 min read

The startup’s core philosophy revolves around reducing “manual computing,” where humans manually move information between systems.

ElevenLabs Venture Capital Startups

ElevenLabs Raises $180M Series C, Triples Valuation to $3.3B

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Chris McKay• January 30, 2025 • 2 min read

The company's technology powers voice features for major platforms including Perplexity, Chess.com, ESPN, and The Atlantic.

OpenAI SoftBank Venture Capital Startups

OpenAI in Talks to Raise $40 Billion at $300B Valuation

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Chris McKay• January 29, 2025 • 3 min read

If completed, the deal would be one of the largest private funding rounds in history, making OpenAI the world’s second-most valuable startup after SpaceX.

Venture Capital Startups Cybersecurity

AI Security Startup Conifers.ai Secures $25M to Enhance SOC Operations with AI

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Chris McKay• January 29, 2025 • 1 min read

Its patent-pending architecture optimizes AI techniques for different types of security incidents while keeping costs predictable.

Venture Capital Startups

Clutch Security Raises $20M Series A to Tackle Machine Identity Protection

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Chris McKay• January 29, 2025 • 2 min read

The round was led by SignalFire, with participation from existing investors Lightspeed Venture Partners and Merlin Ventures, bringing the company's total funding to $28.5 million.

Robotics Venture Capital Startups

Skild AI Eyes Major Funding from SoftBank

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Chris McKay• January 28, 2025 • 2 min read

The Pittsburgh-based startup is developing a foundation model to power various types of robots, aiming to create a universal “AI brain” for robotics.

Venture Capital Startups

Spanish AI Medical Imaging Startup Quibim Secures $50M to Expand in U.S

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Chris McKay• January 28, 2025 • 1 min read

The company’s flagship products, including QP-Prostate (for prostate cancer detection), QP-Brain (for neurological diseases), and QP-Liver (for liver disease diagnosis), are already FDA-cleared or under regulatory review in the U.S.

Venture Capital Startups

Manas AI Launches With $24.6M to Tackle Cancer Through AI-Driven Drug Discovery

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Chris McKay• January 28, 2025 • 2 min read

The company's approach combines AI-driven molecule design with wet lab testing, distinguishing it from purely computational approaches.

Venture Capital Startups

Token Security Raises $20M to Address Growing Machine Identity Security Challenges

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Chris McKay• January 27, 2025 • 2 min read

The funding will support expansion into the U.S. and enhancements to its AI security capabilities.

Venture Capital Startups

AI Testing Platform Coval Raises $3.3M to Scale Agent Evaluation Tech

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Chris McKay• January 23, 2025 • 2 min read

The company is bringing proven testing methodologies from the self-driving car industry to assess and improve the performance of AI voice and chat agents.