Venture Capital - Maginative

Venture Capital Startups

Wonder Studios Raises $12M to Build AI Production Company

Chris McKay• October 23, 2025 • 2 min read

London-based Wonder Studios raised $12 million to scale its AI-native production company model, combining commercial work, IP partnerships, and original content amid a crowded field of better-funded competitors.

Startups Venture Capital

Medical AI Chatbot OpenEvidence Doubles Valuation to $6B in 90 Days

Chris McKay• October 20, 2025 • 3 min read

OpenEvidence raised $200 million at a $6 billion valuation just three months after a July funding round valued it at $3.5 billion, as the medical AI chatbot used by 40% of US physicians continues explosive growth.

Venture Capital Startups

Datacurve Raises $15M Series A led by Chemistry

Chris McKay• October 9, 2025 • 2 min read

Y Combinator–backed Datacurve raised a $15M Series A led by Chemistry to scale its expert-curated coding datasets and benchmarking tools for AI model training and evaluation.

Startups Venture Capital

Periodic Labs launches with $300M to build an “AI scientist”

Chris McKay• September 30, 2025 • 2 min read

Periodic Labs has raised $300 million from a16z, DST, NVentures, Accel, Bezos, Schmidt, Dean, and others to build autonomous labs and “AI scientists” aimed at accelerating discovery in the physical sciences.

Venture Capital Startups

TwinMind Aims to Be Your “Second Brain” — Raises $5.7M and Announces Breakthrough Speech Model

Chris McKay• September 10, 2025 • 2 min read

Three former Google X scientists have raised $5.7 million to build TwinMind, an AI assistant that runs constantly in the background, capturing everything you say to create a personal knowledge graph.

Startups Venture Capital

Cognition AI Raises $400 Million at a $10.2 Billion Valuation

Chris McKay• September 8, 2025 • 2 min read

Cognition AI, creator of the AI coding agent Devin, has raised $400 million at a $10.2 billion valuation, marking explosive growth for the two-year-old startup that's racing against tech giants to define the future of AI-powered software development.

OpenAI Venture Capital

OpenAI Could Hit Half-Trillion Dollar Value in New Secondary Share Sale

Chris McKay• August 5, 2025 • 2 min read

OpenAI is exploring a secondary stock sale that would value the ChatGPT maker at $500 billion, a massive jump from its $300 billion valuation just months ago.

Thinking Machines Startups Venture Capital

Mira Murati's Thinking Machines Lab Raises $2B Seed Round

Chris McKay• July 15, 2025 • 2 min read

Mira Murati's six-month-old AI startup Thinking Machines Lab closed a historic $2 billion seed round led by Andreessen Horowitz, setting a new record for early-stage funding despite having no product or revenue.

Healthcare Venture Capital Startups

Abridge Raises $300M Series E at $5.3B Valuation

Chris McKay• June 25, 2025 • 3 min read

The Pittsburgh startup that's gunning for Microsoft's crown in AI medical note-taking just raised $300 million in Series E funding at a $5.3 billion valuation, nearly doubling its worth in just four months.

Venture Capital Startups

Legal AI Upstart Harvey Raises $300 Million, Rockets to a $5 Billion Valuation

Chris McKay• June 24, 2025 • 2 min read

Harvey AI raised $300 million at a $5 billion valuation just four months after its previous $300 million round, marking the highest valuation for any legal AI startup as the company plans global expansion and moves beyond legal services.

Thinking Machines Startups Venture Capital

Former OpenAI CTO Mira Murati Raises $2B for Thinking Machines at $10B valuation

Chris McKay• June 20, 2025 • 2 min read

Andreessen Horowitz is leading a jaw-dropping $2 billion seed round that values Mira Murati’s stealthy Thinking Machines Lab at $10 billion.

Enterprise AI Venture Capital Startups

Glean Doubles Down on AI Agents with $150M Raise as Enterprise Adoption Explodes

Chris McKay• June 10, 2025 • 1 min read

Glean secures $150 million in Series F funding, raising its valuation to $7.2 billion, as it accelerates the integration of AI agents across enterprise workflows.

Venture Capital Startups

Synthesia Co-Founder Raises $13M to Build the "Holy Grail" of AI: Interactive 3D Worlds from Text

Chris McKay• May 27, 2025 • 3 min read

Munich-based SpAItial has raised $13 million in seed funding to develop spatial foundation models that generate interactive, photorealistic 3D environments from text prompts or images, positioning itself as a European challenger in the rapidly growing spatial AI market.

Google Startups Venture Capital

Google Launches AI Futures Fund to Back Startups Using DeepMind Technology

Chris McKay• May 12, 2025 • 1 min read

Google has established a new investment fund specifically to back startups building with its DeepMind AI models, offering both financial support and privileged access to its technology.

Venture Capital Startups

Supio Raises $60M to Make AI the New Legal Powerhouse in Personal Injury Cases

Chris McKay• May 1, 2025 • 2 min read

Personal injury firms are reporting 20-30% higher settlements with the startup's specialized legal AI platform

Venture Capital Startups

Lightrun Raises $70M as Enterprises Bet Big on its AI-Driven Debugging Platform

Chris McKay• April 28, 2025 • 2 min read

Lightrun secures $70M Series B to accelerate AI-driven autonomous remediation, addressing the critical need for real-time code resilience in the AI-fueled era of software development.

Venture Capital Startups

Endor Labs Raises $93M Series B to Safeguard AI-Generated Code

Chris McKay• April 23, 2025 • 1 min read

Endor Labs has raised $93 million in a Series B funding round led by DFJ Growth to enhance its platform that secures AI-generated code, addressing the growing need for robust application security in the era of AI-driven software development.

Venture Capital Startups

Former YC President, Geoff Ralston, Launches Fund for "Safe AI" Startups

Chris McKay• April 17, 2025 • 2 min read

Geoff Ralston, ex-president of Y Combinator, has launched the Safe Artificial Intelligence Fund (SAIF) to invest in early-stage startups focused on AI safety, security, and responsible deployment.

Venture Capital Startups Video AI

Capsule Secures $12M to Scale AI-Powered Video Editing for Enterprise Teams

Chris McKay• April 16, 2025 • 2 min read

Video editing platform Capsule has raised $12 million in Series A funding to expand its AI-powered tools that help non-creative teams produce brand-compliant videos at scale.

SSI Venture Capital Startups

Sutskever’s Safe Superintelligence Raises Another $2B at $32B Valuation

Chris McKay• April 12, 2025 • 2 min read

Safe Superintelligence, the AI startup founded by OpenAI’s former chief scientist Ilya Sutskever, has raised $2 billion at a $32 billion valuation—without a product on the market.

Venture Capital Startups

Ex-OpenAI CTO's Stealth Startup Targets Record-Breaking $2B Seed Round

Chris McKay• April 10, 2025 • 2 min read

Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, is reportedly seeking a $2 billion seed round that would value the nascent AI company at $10+ billion despite having no product yet.

Venture Capital Startups

Incident.io Raises $62M to Build AI Agents That Keep Systems Running

Chris McKay• April 10, 2025 • 1 min read

London-based incident.io has raised $62 million in Series B funding to develop AI agents that can investigate and resolve software outages alongside human engineers.

Venture Capital Startups

Adaptive Security Raises $43M to Combat AI Cyber Threats

Chris McKay• April 3, 2025 • 2 min read

New York-based Adaptive Security has raised $43 million in a Series A co-led by OpenAI’s Startup Fund and Andreessen Horowitz, marking OpenAI’s first investment in a cybersecurity firm.

Venture Capital Startups

Actively AI Lands $22.5M to Build 'GTM Superintelligence' for Sales Teams

Chris McKay• April 2, 2025 • 2 min read

New York-based Actively AI has raised $22.5 million in funding to develop AI reasoning models that help sales teams identify high-value prospects rather than maximizing contact volume.

OpenAI SoftBank Venture Capital

OpenAI Secures Record $40 Billion in Funding, Reaching $300 Billion Valuation

Chris McKay• March 31, 2025 • 2 min read

OpenAI closed a $40 billion funding round at a $300 billion post-money valuation, led by SoftBank and backed by prominent investors, to expand its AI research and infrastructure.