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AI startup You.com is raising new funds at a $1.4B valuation to fuel its shift from consumer AI to enterprise productivity search—positioning itself as a fast, customizable AI assistant for business teams.
• Offers AI agents and APIs that help teams research, write, and analyze faster.
• Pitched as “ChatGPT meets Bloomberg Terminal” for internal data and tasks.
• Moves beyond Q&A to power real work—search, generate, summarize, automate.
• Customers include hedge funds, tech unicorns, and the NIH.
• $15/month premium plan, with enterprise deals driving growth.
• Backed by Salesforce Ventures, NVIDIA, Georgian, and DuckDuckGo.
• Founded by ex-Salesforce AI leads Richard Socher and Bryan McCann.
• Total funding near $100M; new round aims to expand R&D and enterprise go-to-market.
You.com wants to be more than a chatbot—it’s building the AI coworker for the modern enterprise. Can it outmaneuver Big Tech in the race for AI-first workflows?
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Stanford PhD student Carina Hong is raising $50M for her AI startup Axiom, aiming for a $300M–$500M valuation. The company is developing large language models trained on mathematical proofs to tackle complex problems in quantitative finance and risk analysis.
• Axiom’s AI aspires to solve intricate math problems, potentially uncovering market patterns beyond human detection.
• The technology targets hedge funds and quantitative firms seeking advanced modeling and risk assessment tools.
• Hong, a first-generation college student from Canton, China, completed degrees in math and physics at MIT in three years.
• She studied neuroscience at Oxford as a Rhodes Scholar and is now pursuing a joint JD/PhD at Stanford.
• In 2022, she received the Alice T. Schafer Prize, awarded to the top woman math major in the U.S.
• Despite being pre-product, Axiom is attracting significant investor interest, reflecting a trend of funding AI startups with strong academic foundations.
• The startup aims to provide tools that offer better modeling, faster trades, and smarter risk decisions in the financial sector.
Axiom’s success could hinge on its ability to build trust with institutional clients and deliver on its promise of mathematically rigorous AI solutions for finance.
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Cybersecurity startup Mind Security Inc. has secured $30 million in Series A funding to advance its AI-native data loss prevention (DLP) platform. The round was led by Paladin Capital Group and Crosspoint Capital Partners, with participation from Okta Ventures and existing investor YL Ventures, bringing the company’s total funding to over $40 million .
• Mind’s platform autonomously detects and prevents data leaks by combining data security posture and DLP into a unified solution.
• It employs a multilayer classification system to identify sensitive data, minimizing false positives and reducing alert fatigue.
• The system makes real-time decisions based on business context to distinguish between normal and high-risk behaviors .
• With the exponential growth of sensitive data in complex IT environments, Mind aims to help organizations navigate the challenges of the AI era.
• The platform addresses risks associated with both structured and unstructured data, which are common vectors for data breaches.
• Notably, a recent incident involved overseas employees from Coinbase providing insider information to hackers, leading to a breach affecting about 100 million customers .
• The new funding will enable Mind to double its research and development and marketing teams by the end of the year.
• Co-founder and CEO Eran Barak emphasizes the company’s mission to provide smarter, faster, and fully automated approaches to DLP and insider risk management .
As enterprises increasingly adopt AI technologies, Mind positions itself as a critical solution for preventing data leaks and managing insider risks in real-time.
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AI startup Filament Syfter has raised $4.8 million in Series A funding to rebuild the fragmented data infrastructure in private equity. The round was led by FINTOP Capital, with participation from several unnamed investors. This brings the London-based company’s total funding to $6.5 million.
• Filament Syfter helps PE and investment banking firms centralize and enrich their internal and third-party data sources.
• The platform applies AI to reveal actionable insights across siloed CRMs, emails, documents, and public databases.
• It’s designed to surface better-fit deals, deepen relationship intelligence, and speed up decision-making.
• Many private market firms have spent heavily on CRMs but still rely on gut feel for deal sourcing due to poor data quality.
• Filament Syfter aims to “operationalize” data — turning static information into a proactive advantage.
• Current clients include mid-market investors like Astorg, Inflexion, and Cavendish.
• Funding will support Filament Syfter’s expansion into North America and broader global private markets.
• FINTOP Capital partners Chris Haley and Max Haskin will join the board to guide financial services scaling.
• CEO Phil Westcott, formerly with IBM Watson, sees the firm becoming the “data engine” for the PE sector.
As competition heats up in private markets, Filament Syfter is betting that smarter data — not just more data — will define the next generation of outperformers.
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Singapore-based insurtech bolttech has closed its Series C funding round, raising $147 million and achieving a post-money valuation of $2.1 billion. The round welcomed new strategic investors Sumitomo Corporation and Iberis Capital, joining existing backers such as Dragon Fund, Baillie Gifford, and Generali’s Lion River.
• Sumitomo Corporation, one of Japan’s largest trading houses, has not only invested in bolttech but also entered into a joint venture to deliver embedded insurance programs and end-to-end services across Asia.
• Iberis Capital, a Portuguese private equity and venture capital firm, brings its expertise to support bolttech’s growth in European markets.
• The new funding will enable bolttech to enhance its platform capabilities and accelerate its global growth strategy, aiming to make insurance more personalized, accessible, affordable, and convenient for customers.
• bolttech’s platform connects over 700 distribution partners with more than 230 insurers, offering a wide range of insurance products worldwide.
With this significant investment and strategic partnerships, bolttech is poised to further its mission of transforming the insurance industry through innovative embedded solutions.
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Autonomous trucking startup Plus is going public through a SPAC merger with Churchill Capital Corp IX, valuing the company at $1.2 billion. The deal will provide $300 million in gross proceeds and is expected to close by Q4 2025 — marking Plus’ second attempt at going public after a scrapped 2021 IPO.
• Plus builds self-driving software for long-haul trucks, targeting global manufacturers like Traton, Hyundai, and Iveco.
• Its system is currently being tested on roads in Texas and Sweden, with full commercial rollout planned for 2027.
• The company’s stack can be deployed incrementally — starting with driver-assist features and progressing to full autonomy.
• In 2021, Plus walked away from a $3.3B SPAC due to market instability.
• The current $1.2B valuation reflects more tempered expectations — but also more clarity on product roadmap and partnerships.
• Market conditions for SPACs have improved, especially in high-capex, long-horizon sectors like autonomous transport.
• Trucking continues to face labor shortages and efficiency gaps, making autonomy a compelling solution.
• Plus believes its tech can reduce delivery times, improve safety, and cut costs for freight operators.
• Regulatory signals in the U.S. and EU are gradually favoring autonomous commercial vehicles.
As the race to autonomous logistics heats up, Plus is betting that patient engineering and deep OEM ties will help it outlast earlier hype cycles.
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Kargo, a San Francisco-based startup using computer vision to modernize warehouse inventory, has raised an $18.4M Series A extension led by Matter Venture Partners. Strategic investors Lineage Logistics and Armada Supply Chain Solutions joined, alongside existing backers Founders Fund and Sozo Ventures.
• Kargo builds dockside infrastructure — “Kargo Towers” and “Kargo Lifts” — outfitted with AI-powered cameras.
• The system scans incoming and outgoing freight, capturing label data, case counts, and visible damage.
• A proprietary large language model analyzes the footage to flag overages, shortages, and compliance issues in real time.
• Armada has installed Kargo across 240 dock doors in its U.S. network, a major signal of operational validation.
• Lineage’s participation ties Kargo to the world’s largest temperature-controlled logistics network.
• Kargo says its system brings “visual proof” to warehouse data — reducing disputes between shippers and carriers.
• Kargo aims to evolve beyond hardware into a full software layer for logistics visibility.
• With growing data from docks, the startup is building tools to automate exception handling and inventory reconciliation.
• The model: capture raw physical events at the edge, then abstract insights upstream into ERP and TMS systems.
As legacy logistics players digitize their last blind spots, Kargo is betting that computer vision — not just barcodes — will power the next leap in supply chain intelligence.
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Oblong Inc. (NASDAQ: OBLG), historically known for enterprise collaboration tools, is rebranding itself around AI and digital assets — raising $7.5M in a private placement to launch a Bittensor-centric strategy built around the $TAO token.
• Oblong will acquire $TAO and build tools for Bittensor, a decentralized network rewarding machine learning contributions.
• The company plans to operate in subnet 0, earning yield by providing AI services on-chain.
• This marks a full pivot away from its Mezzanine™ collaboration platform into AI-native crypto infrastructure.
• The $7.5M came from institutional investors at $3.77 per share, totaling 1.99M shares.
• As of Q1 2025, Oblong had $4.3M in cash and no debt — giving it a clean balance sheet to execute its new thesis.
• Proceeds will be used for $TAO accumulation and engineering around the Bittensor stack.
• Oblong believes crypto is entering its “AI phase,” following the monetary (Bitcoin) and smart contract (Ethereum) eras.
• Bittensor’s capped 21M token supply and incentive structure resemble early Bitcoin, but applied to compute.
• The firm sees $TAO as a potential foundational asset for decentralized AI coordination.
• Oblong is effectively transforming into a public vehicle for Bittensor exposure.
• Investors are betting on $TAO’s long-term upside and the firm’s ability to carve out technical value in the ecosystem.
• The move mirrors a growing number of crossover plays between public markets and open-source AI.
As AI and blockchain increasingly collide, Oblong is making a high-conviction wager: that the next trillion-dollar protocol may be owned — not built — by the ones who get in early.
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Infisical, a startup focused on developer-first secrets and identity management, has secured a $16 million Series A round led by CRV, with participation from Gradient Ventures, Operator Stack, and existing investors. The funding aims to expand its platform across secrets, identity, and access management.
• Infisical offers a centralized solution for managing secrets, identities, and access controls, designed to streamline security workflows for developers and DevOps teams.
• The platform integrates with various tools and services, providing seamless management of environment variables, API keys, and other sensitive information.
• By unifying these aspects, Infisical aims to reduce complexity and enhance security across development environments.
• With the new funding, Infisical plans to accelerate product development, focusing on enhancing its platform’s capabilities in secrets management and access control.
• The company intends to expand its team, particularly in engineering and customer support, to better serve its growing user base.
• Infisical also aims to increase its presence in the enterprise market, targeting organizations seeking robust and scalable security solutions.
As organizations increasingly prioritize security and compliance, Infisical’s approach to simplifying secrets and access management positions it as a key player in the evolving landscape of developer-centric security solutions.
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Vima Therapeutics, a neuroscience-focused biotech, has launched with a $60 million Series A led by Atlas Venture, with participation from Access Industries and Canaan. The company is advancing VIM0423, the first oral small molecule targeting the root cause of dystonia and related movement disorders.
• VIM0423 selectively targets muscarinic cholinergic receptors in the brain, a pathway known to be disrupted in dystonia and related disorders.
• Existing treatments offer symptomatic relief but suffer from tolerability issues—Vima aims to address the underlying neural dysfunction.
• As an oral therapy, VIM0423 could offer a more accessible and patient-friendly alternative to injectable or device-based treatments.
• CEO Bernard Ravina, MD, is a movement disorder expert with experience at Voyager, Biogen, and Praxis.
• President and Head of R&D Judith Dunn, PhD, brings 30+ years in drug development, including senior roles at Roche.
• The leadership team also includes veterans from Surface Oncology, Takeda, and Wyeth, adding cross-functional experience in neurology and clinical operations.
• VIM0423 is currently in Phase 1 trials, with Phase 2 expected to launch in Q4 2025.
• The Series A funding will support continued clinical development, biomarker strategy, and platform expansion.
• Vima is initially targeting isolated dystonia but sees broader potential in related movement disorders like Parkinsonism and Tourette’s.
As the field shifts from symptom control to disease modification, Vima’s targeted, mechanism-based approach has the potential to redefine treatment for a historically underserved patient population.
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Biopeak, a Bengaluru-based longevity startup, has raised $3.5M in seed funding from Claypond Capital (Ranjan Pai), Accel’s Prashanth Prakash, Nikhil Kamath, and others. The funding will support clinic expansion and development of its AI-powered diagnostic platform.
• Offers full-body scans, molecular diagnostics, and microbiome analysis—all under one roof.
• Patients receive personalized health plans following 6+ hour clinical assessments.
• Uses AI to interpret multi-modal data and detect dysfunctions before symptoms appear.
• Plans to open new clinics in major Indian cities.
• Targeting both wellness-focused consumers and those with unresolved chronic conditions.
• Collaborating with IISc and Longevity India to localize protocols for Indian health profiles.
Biopeak is building India’s first high-tech healthspan clinic network—where prevention, not treatment, takes center stage.
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Anduril, the defense tech startup founded by Palmer Luckey, has raised $2.5B in Series G funding at a $30.5B valuation, nearly doubling its worth since 2023. Founders Fund led the round with a record $1B check, joined by Valor Equity, Andreessen Horowitz, and others. The raise includes a tender offer for early employees.
• Builds AI-powered surveillance towers, autonomous drones, and software to fuse battlefield data.
• Focused on modular, scalable systems that integrate rapidly into military operations.
• Positions itself as the defense equivalent of Tesla + Palantir—owning both hardware and software layers.
• Revenue has doubled in the past year, approaching ~$1B in 2024.
• Oversubscribed 8x, indicating surging interest in dual-use and defense-aligned ventures.
• Tender offer provides early liquidity—a sign of long-term confidence from existing investors.
• Competing with traditional defense primes by moving faster and iterating on battlefield feedback.
• Strong alignment with U.S. defense goals: autonomy, deterrence, and cost-effective deterrents.
• Long-term risks include geopolitical volatility, contract dependency, and intense regulatory scrutiny.
Anduril isn’t just a contractor—it’s positioning as a full-stack autonomy provider for the modern military.
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Dave’s Hot Chicken, the spicy fast-casual brand born in a Los Angeles parking lot, has been acquired by Roark Capital in a deal reportedly worth close to $1 billion. What began as a $900 experiment in 2017 is now one of the fastest-growing restaurant chains in the world.
• Started with just a fryer, canopy, and folding table—sold $40 worth of food on day one.
• Known for its simple menu, extreme heat levels (waiver required!), and no-frills branding.
• Leveraged Instagram virality and celebrity fans (Drake is an investor) to fuel early hype.
• Expanded to 315+ locations globally with 150 more in development.
• Franchised early, with partners often committing to multi-unit deals.
• Revenue tripled to $600M+ in two years—projected to double again by 2025.
• Roark—owner of Dunkin’, Wingstop, and Arby’s—has followed Dave’s since it hit 15 stores.
• Acquisition brings operational muscle and global franchising expertise.
• Founders remain involved: one leads culinary, the other brand—preserving authenticity.
Dave’s Hot Chicken is proof that a gritty, low-capital launch can scale into a global business with the right product, story, and speed. The question now: Can it keep its edge under private equity ownership?
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Porto-based PFx Biotech has raised €2.5M in grant funding from the European Innovation Council Accelerator to scale its production of human milk proteins—without cows. The startup is using precision fermentation to make infant-safe, allergen-free proteins for the next generation of nutrition products.
• Produces lactoferrin, α-lactalbumin, and osteopontin using engineered microbes.
• Designed for infant formulas and medical nutrition—without cow allergens.
• Motivated by a founder’s personal experience raising a child with milk allergies.
• Grant will fund bioreactor upgrades, regulatory approvals, and key hires.
• Targets commercialization of bioidentical lactoferrin as a lead ingredient.
• Alumni of Mylkcubator and EIT Food programs; part of the emerging alt-dairy deeptech scene.
• Eliminates reliance on animal agriculture while improving nutritional outcomes.
• Positioned for infant, senior, and functional food markets.
• Meets growing demand for hypoallergenic, sustainable protein sources.
PFx Biotech is rewriting the future of milk—replacing cows with microbes to create a cleaner, safer, and more precise source of nutrition.
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IonQ is acquiring UK-based Oxford Ionics in a ~$1.1B all-stock deal, aiming to accelerate development of fault-tolerant quantum systems. The acquisition is set to close later in 2025.
• Oxford Ionics’ chips use electrode-based control, avoiding lasers — a key step for stability and mass production.
• Built on standard CMOS processes, the tech fits directly into semiconductor supply chains.
• Joint roadmap targets 256 high-fidelity qubits by 2026 and 80,000+ logical qubits by 2030.
• The 80-person Oxford team, including its co-founders, will join IonQ and continue operations from the UK.
• The move deepens IonQ’s European footprint and supports partnerships with Airbus and UK quantum centers.
• IonQ, valued near $10B, has made 6 acquisitions since 2022 to consolidate its quantum stack.
• Post-deal, shares jumped up to 11%; 2025 revenue guidance: $75–95M.
• The company is transitioning from lab-scale systems to commercial-grade quantum processors.
This deal signals a pivot: the race to useful quantum computing will be won by those who can manufacture — not just innovate.
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Meta is in advanced talks to invest over $10 billion in Scale AI, the data infrastructure startup powering many of today’s leading AI models. The potential deal would mark one of the largest-ever investments by a tech giant in an external AI company.
• Scale AI provides high-quality training data for OpenAI, Microsoft, and Meta’s own LLaMA models.
• Its platform enables supervised fine-tuning, RLHF, and structured data labeling at enterprise scale.
• 2024 revenue reached ~$870M; 2025 target: over $2B.
• The deal signals a shift from Meta’s build-it-alone AI strategy to strategic partnerships.
• Scale also supports Meta’s classified “Defense Llama” work — expanding its AI footprint into defense.
• The investment could give Meta long-term preferential access to Scale’s services and platform.
• Meta plans to spend up to $68B this year on AI hardware, infrastructure, and product rollouts.
• Generative AI features are coming to Facebook, Instagram, and Meta Ads by 2026.
• A deepened alliance with Scale could sharpen Meta’s edge across consumer and enterprise AI use cases.
For Meta, this isn’t just about data — it’s about controlling the full stack of the AI value chain.
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Cybersecurity startup Guardz has raised a $56M Series B led by ClearSky, bringing total funding to $84M. The company is building an AI-native platform tailored for managed service providers (MSPs) serving SMBs.
• Combines endpoint, identity, email, cloud, and data protection in one console — backed by both AI and human-led threat response.
• Includes built-in integrations (e.g., SentinelOne) to cut alert fatigue and accelerate remediation.
• Adds extras like compliance automation, cyber insurance, and phishing simulations.
• Funds will go toward U.S. expansion, product development, and 24/7 MDR capabilities.
• Guardz aims to help MSPs turn cybersecurity into a scalable, recurring-revenue service.
• Already serving “hundreds of partners” across multiple countries.
• Most SMBs lack in-house security teams and rely on fragmented tools.
• Guardz enables MSPs to deliver enterprise-grade protection with simplified management.
• Its AI-native design helps close detection and response gaps without adding overhead.
With fresh capital and a clear MSP-first focus, Guardz is betting that unified AI platforms will define the next generation of small-business cybersecurity.
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Enterprise AI startup Glean has raised a $150M Series F at a $7.2B valuation, led by Wellington Management. The company is building a Work AI platform that combines search, agents, and security to accelerate decision-making across large organizations.
• Connects to 100+ enterprise tools (e.g. Google Workspace, Slack, Salesforce) to unify company knowledge.
• Combines permission-aware search with agentic workflows — employees can ask, act, and generate in one interface.
• AI features are layered with robust security, including Glean Protect for data loss prevention and compliance.
• Crossed $100M in ARR less than three years after launch.
• Powers over 100M agent actions per year — aiming to hit 1B annually by end of 2025.
• Customers include Databricks, Grammarly, Duolingo, Deutsche Telekom, and more.
• Funding will accelerate product development, AI innovation, and go-to-market expansion.
• Opening a San Francisco hub to complement its Palo Alto HQ.
• Aims to deepen enterprise partnerships and expand internationally.
• Glean positions itself as the “intelligence layer” for modern companies, unlike generalist tools like ChatGPT.
• Helps teams find answers, automate tasks, and securely collaborate — all from a single interface.
• Recognized by CNBC and Fast Company as a top innovator in enterprise tech.
With strong momentum and a growing market need, Glean is making a bold push to redefine how knowledge workers interact with data, AI, and each other inside the enterprise.
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Developer productivity startup Linear is building a fast, elegant alternative to Atlassian — now backed by a $1.25B valuation and fresh Series C funding led by Accel.
• Combines issue tracking, sprint planning, and bug triage in a minimalist interface loved by engineers.
• Includes built-in AI for auto-summarizing issues, suggesting priorities, and acting as a “team member.”
• Avoids noisy add-ons — streamlining software development with thoughtful design and performance.
• 280% revenue growth year-over-year, with just ~80 fully remote employees.
• Used by over 15,000 companies, including OpenAI, Ramp, Perplexity, and Notion.
• Profitable, despite a team structure that prioritizes quality over headcount.
• New capital will fund expansion into larger orgs while maintaining a product-led growth model.
• Plans to deepen integrations and push further into enterprise AI automation.
• Investors see Linear as a breakout platform in a sea of bloated tools and generic AI features.
• Designed from scratch to avoid the complexity and inertia of legacy systems like Jira.
• AI is integrated where it helps — not for show — keeping engineers in flow.
• Positioned as the foundation for modern product teams in fast-scaling environments.
Linear is betting that speed, clarity, and deeply integrated AI will define the next generation of dev tools.
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French startup Mistral has unveiled Magistral, a new AI model built for chain-of-thought reasoning across multiple languages—part of its push to challenge U.S. dominance in foundational AI.
• First model to natively think in eight languages—no translation layer needed
• Designed for logic-heavy tasks in math, law, code, and finance
• Offers transparent step-by-step outputs for traceability and trust
• Magistral Medium scored 73.6% on AIME 2024; 90%+ with majority voting
• Outperforms many closed models on multilingual benchmarks
• Open-source “Small” version (24B params) already released for developers
• Built in Paris with backing from the French government and EU ecosystem
• CEO Arthur Mensch aims to make Mistral Europe’s answer to OpenAI and Anthropic
• Emphasizes openness, sovereignty, and practical performance over scale hype
• Valued at $6.2B just one year after launch
• Funded by top-tier investors like Lightspeed, Andreessen Horowitz, and General Catalyst
• Positioned as the most serious EU contender in the global model race
While Silicon Valley chases ever-larger LLMs, Mistral is betting on multilingual logic, transparency, and practical design to win the next era of foundational AI.
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