Nevis announced a $70 million Series B led by EQT Ventures, with Charles Schwab, Sequoia Capital, ICONIQ, QuantumLight and Ribbit Capital participating. Its software combines adviser data and workflows with agents for administrative work. The round brings disclosed total funding to $110 million; the company release does not state a valuation.
Ailytics raised $7.4 million in a Series A led by Tin Men Capital, with SEEDS and Safie among the participants. The Singapore company applies vision AI to existing industrial CCTV and plans expansion across Asia-Pacific, the US and Gulf markets. Its deployment counts and claimed safety improvements are company-reported rather than independently measured results.
Nous announced $17 million in new funding from Heartcore Capital, Mosaic Ventures and other investors. Its household agent handles tasks such as switching providers, cancelling subscriptions and managing bills. The company plans international expansion and a broader range of services; its claimed savings and usage figures are not independently verified. The release does not name a round stage or financing instrument.
Legora announced a $550 million Series E led by Atreides Management at an $8.8 billion post-money valuation. It plans to expand in North America and other markets and develop its platform for multi-step legal work. This is a separate round from the $550 million Series D announced in March; equal amounts do not make the transactions duplicates.
AuxoAI announced a $20.7 million Series A led by NTTVC. It plans to expand teams that work inside customer businesses and invest in its deployment technology. The release names George Still Jr., Amit Zavery and Giacomo Sonnino as participating strategic investors and advisors.
Arda Industries disclosed a $160 million Series A at a $1.5 billion valuation, co-led by Altimeter, Accel and Khosla Ventures. Its software turns product designs into assembly plans. The company says it will hire engineers and researchers, expand customer deployments and develop robotic assembly models.
Town announced a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures, valuing the business at $1 billion. Its work assistants connect to employees' email, documents, calendars and business tools; the company says the assistants can now coordinate with each other and outside contacts.
Tenstorrent says it closed $1.5 billion in Series E equity financing at a $6.2 billion post-money valuation. Trace Capital and Innovation X led the round. The company plans to expand Galaxy server deployments and develop the AI and CPU designs it licenses to chipmakers.
RapidCanvas says it raised $29 million in a Series B led by Vertex Ventures SEA & India, with Hitachi Ventures and existing backers participating. The company combines an AI platform with field engineers who build and operate customer applications. It says the financing brings total funding to $52.5 million.
Vinci announced a $250 million Series B at a $1.5 billion valuation, co-led by Advent, Temasek and Xora. The company plans to expand its AI-based physics analysis from semiconductor engineering into more physical processes and hardware markets, including vehicles, aircraft and satellites.
TechCrunch reports that General Intuition is in talks to raise a new financing round at a reported $6 billion pre-money valuation. The prospective investors are said to include Valor Ventures, Point72 Ventures, and Seven Seven Six, as the startup expands its AI efforts into robotics.
The Wall Street Journal reports that Alibaba is pursuing a $10.20 billion share placement as it increases spending on AI. The financing would give the company additional capital to support its AI push amid intensifying competition among major Chinese technology firms.
TechCrunch reports that AI accounting startup Rillet raised a $100 million financing round and reached a valuation above $1 billion. The article says investor interest accelerated after CEO Nicolas Kopp shared growth metrics, with firms including Iconiq Capital and Sequoia Capital participating.
Medly AI has raised an $8 million seed round, according to Tech Funding News. The company is building an AI tutor focused on exam preparation, with Felix Capital named as the lead investor.
Aisel Health has announced a €1.7 million pre-seed financing round to develop an operating system for psychiatry. The company says its product is aimed at helping clinicians retrieve information from prior sessions and manage documentation and workflow more effectively in mental health care.
TechCrunch reports that AI chip startup Etched has shipped its first AI cluster system to Jane Street and then raised another financing that values the company at $21 billion. The reported valuation is roughly double the $10.3 billion figure previously associated with the company, indicating both early customer deployment and fresh investor backing.
Tech Funding News reports that EliseAI is in discussions to raise $300 million at a reported $3.7 billion valuation. The article says Andreessen Horowitz and Bessemer Venture Partners are among the investors involved in the talks, indicating a potentially large new financing for the AI property-management software company.
QuantumLight, the London investment firm co-founded by Nik Storonsky, has closed its second fund at $500 million, according to Tech Funding News. The new vehicle is described as backing AI startups, marking a discrete new venture-fund raise rather than an operating company financing round.
Higgsfield has raised a $400 million Series B, according to TechCrunch, valuing the AI image and video startup at $5.4 billion. The company was founded by former Snap executive Alex Mashrabov and develops tools that let users generate images and videos with AI.
TechCrunch reports that Groq has raised $350 million at a $3.5 billion valuation. The financing is tied to the company's shift from being framed primarily as an AI chipmaker toward a larger AI cloud and infrastructure business, including expansion of its Nvidia-powered data center footprint.
