Artificial Intelligence

Parallel Web Systems: $100 Million Series B At $2 Billion Valuation Raised To Scale AI Agent Web Infrastructure

By Amit Chowdhry ● Apr 29, 2026

Parallel Web Systems, a Palo Alto-based web infrastructure company powering how AI agents access the open web, has raised a 100 million dollar Series B round at a 2 billion dollar valuation, led by Sequoia Capital. The round more than doubles Parallel's Series A valuation from five months ago and brings total capital raised to 230 million dollars. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, Terrain Capital, and Abstract Ventures all increased their participation. Andrew Reed, Partner at Sequoia Capital, will join Parallel's board of directors.

Sage Acquires Doyen AI To Accelerate Customer Migrations And AI-Powered Implementations For SMBs

By Amit Chowdhry ● Apr 28, 2026

Sage, a London-listed leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses, has acquired Doyen AI, an AI-powered implementation company founded in 2024. Financial terms were not disclosed. The acquisition strengthens Sage's ability to help customers migrate from legacy systems to modern Sage solutions faster and more accurately.

TriFetch: $1.9 Million Raised To Automate Administrative Workflows For Independent Specialty Clinics

By Amit Chowdhry ● Apr 28, 2026

TriFetch, a San Francisco-based AI automation platform built for independent specialty clinics, has raised a $1.9 million pre-seed round led by Nexus Venture Partners, with participation from angels with backgrounds at Google, Hippocratic, Mercor, and MIT. The company is emerging from stealth with a platform designed to automate the three workflows that dominate clinic operating costs: patient calls and scheduling, referral processing, and prior authorizations.

Performativ Raises $14 Million Series A To Expand AI-Native Wealth Management Operating System

By Amit Chowdhry ● Apr 28, 2026

Performativ, a Copenhagen-based operating system for wealth management, has raised 14 million dollars in a Series A funding round led by Deutsche Börse Group, with participation from Rabo Investments, the investment arm of Rabobank, former McKinsey Senior Partner Jacob Dahl, and existing investors FinTech Collective and EIFO, the Danish sovereign wealth fund.

Spin.AI Acquires Revyz To Extend Data Protection And Security Management To Atlassian Ecosystem

By Amit Chowdhry ● Apr 28, 2026

Spin.AI, a Palo Alto-based AI-powered enterprise software security platform, has acquired Revyz, an Atlassian Gold Marketplace Partner specializing in backup and configuration management for Jira and Confluence. The deal brings unified data protection and configuration management to organizations running Atlassian solutions alongside Google Workspace, Microsoft 365, and Salesforce. Financial terms were not disclosed.

Novita AI Launches Sandbox To Secure Autonomous Agent Systems At Enterprise Scale

By Amit Chowdhry ● Apr 28, 2026

Novita AI, a San Francisco-based AI and agent cloud platform, has launched Novita Sandbox, a secure runtime infrastructure layer designed to isolate autonomous agent systems during execution. The product targets a growing class of security risks introduced by autonomous agents that execute code, call APIs, browse the web, and interact with live environments, including frameworks such as OpenClaw and Hermes Agent.

ProcessMiner Raises Seed Funding To Scale AI-Powered Process Optimization For Manufacturing And Critical Infrastructure

By Amit Chowdhry ● Apr 28, 2026

ProcessMiner, an Atlanta-based provider of AI-powered process optimization for manufacturers, has raised seed funding led by Titanium Innovation Investments. The investment marks the company's first external funding round and will support platform expansion, hiring, and growth into new industrial verticals.

Acron Technologies Acquires Sightline Intelligence to Strengthen Edge AI Defense Portfolio

By Amit Chowdhry ● Apr 28, 2026

Acron Technologies, a defense and aerospace technology company backed by TJC, L.P., has acquired Sightline Intelligence, a specialist in edge-based AI video processing and target recognition for autonomous aircraft and mission-critical defense applications. The deal adds real-time onboard intelligence capabilities to Acron's existing portfolio of electro-optical and infrared hardware, video processing, and compression technologies.

Azra AI Acquires Thynk Health To Close The Gap Between Imaging Detection And Cancer Care

By Amit Chowdhry ● Apr 28, 2026

Azra AI, the leading end-to-end enterprise platform for incidental findings and oncology workflow automation, has acquired Thynk Health, a specialized leader in lung cancer screening and incidental findings management. Financial terms were not disclosed.

NVIDIA Launches Nemotron 3 Nano Omni To Unify Vision, Audio, And Language For AI Agents

By Amit Chowdhry ● Apr 28, 2026

NVIDIA has launched Nemotron 3 Nano Omni, an open multimodal reasoning model that combines vision, audio, and language capabilities into a single system, delivering up to nine times higher throughput than comparable open omni models. The model is designed to serve as the perception layer in agentic AI systems, enabling faster and more accurate responses across video, audio, image, text, documents, charts, and graphical interfaces.

Audion: $15 Million Closed To Expand AI-Powered Performance Audio Advertising Platform Into The United States

By Amit Chowdhry ● Apr 28, 2026

Audion, a leading European audio advertising platform, has raised $15 million and announced its expansion into the United States, marking a significant step in its effort to define the emerging Performance Audio category. CEO Arthur Larrey will relocate to New York City to lead U.S. operations.

Zamp: $30 Million Raised To Scale AI-Powered Sales Tax Operating System Globally

By Amit Chowdhry ● Apr 28, 2026

Zamp, a vertically integrated sales tax compliance platform, has raised $30 million in total funding and announced the global launch of Zamp OS, which it describes as the Operating System of Sales Tax. The latest round was led by Acrew Capital with participation from Thomson Reuters Ventures and several of Zamp's accounting firm partners.

Windmill: $12 Million Raised For AI Platform Building The Context Graph For Workforce Intelligence

By Amit Chowdhry ● Apr 28, 2026

Windmill, an AI company building what it calls the context graph for people, has raised $12 million in a seed round led by Inspired Capital, with participation from Primary Venture Partners, Founder Collective, and Oceans Ventures. The company has grown to more than 100 customers including Kalshi, Rho, and Merge since launching its performance reviews product in November 2025.

Cybord: $7 Million Raised To Accelerate Visual AI Platform For Electronic Component Inspection

By Amit Chowdhry ● Apr 28, 2026

Cybord AI, a Tel Aviv-based provider of Visual AI for electronic component inspection and supply chain resilience, has raised an additional $7 million in an extended Series A round led by Capri Ventures, with participation from new and existing investors. The company also announced the formation of a dedicated U.S. sales management team to deepen engagement with North American and global electronics manufacturers.

IC Realtime: $2 Million Series A Raised To Accelerate AI And Software Expansion For Surveillance Platform

By Amit Chowdhry ● Apr 28, 2026

IC Realtime, a Pompano Beach, Florida-based provider of professional-grade surveillance and security technology, has secured a $2 million Series A round led by a personal investment from John Hatherly, founder of Wynnchurch Capital, with participation from existing investors. Hatherly will also join IC Realtime's board of directors.

Clarasight: $11.5 Million Raised For AI Platform Optimizing Enterprise Travel And Expense Spend

By Amit Chowdhry ● Apr 28, 2026

Clarasight, an AI platform for enterprise travel and expense, has raised an $11.5 million Series A led by AlleyCorp, with participation from Rackhouse Venture Capital, Clocktower Ventures, Pulse Fund, Thayer Ventures, Future Back Ventures, Vestigo Ventures, and XYZ Venture Capital. The round follows a year in which recurring revenue grew approximately 10 times and the platform expanded to manage data from programs representing more than $5 billion in enterprise travel and expense spend.

Actively: $45 Million Raised To Scale Intelligence-Led Revenue Platform Powered By Per-Account AI Agents

By Amit Chowdhry ● Apr 28, 2026

Actively, a New York-based company transforming how enterprise revenue teams operate through AI-driven automation, has raised $45 million in Series B funding, bringing total funding to $68 million. The round was co-led by TCV and First Harmonic, with participation from Bain Capital Ventures, First Round Capital, and Alkeon. The company will use the capital to build new products, expand into more enterprises, hire top talent, and open a new San Francisco office.

Appian Unveils Agentic Automation And AI-Assisted Development Capabilities For Enterprise Process Management

By Amit Chowdhry ● Apr 28, 2026

Appian, a process automation technology company listed on Nasdaq, has announced a series of platform enhancements designed to embed AI more deeply into enterprise workflows, including AI-assisted spec-driven development and Model Context Protocol integration for AI agents. The advancements were unveiled at Appian World 2026 and will be available in the coming releases.

Marloo: $10 Million Raised For AI Platform Built For Financial Advisers

By Amit Chowdhry ● Apr 28, 2026

Marloo, an AI platform designed to handle the administrative and operational work surrounding financial advice, has raised $10 million in a seed round led by Blackbird, the venture firm known as an early backer of Canva. The round follows Blackbird's $2.7 million pre-seed investment six months ago, representing a continued and deepened commitment to the company.

Pantheon AI: €50 Billion AI Data Center And Innovation Campus To Be Built In Croatia

By Amit Chowdhry ● Apr 28, 2026

Pantheon AI, a hyperscale AI data center and innovation campus being developed by Pantheon Atlas LLC, a transatlantic investment group, will bring more than €50 billion in total investment to Croatia, marking the largest investment in Croatian history and among the largest private U.S. investments in Europe. The campus will be located in Topusko, Croatia, and is designed in accordance with NVIDIA GW-Scale AI factory standards.

IFS: Ryan Courson Appointed CFO To Support Next Phase Of Industrial AI Growth

By Amit Chowdhry ● Apr 28, 2026

IFS announced the appointment of Ryan Courson as Chief Financial Officer, strengthening its leadership team as the company accelerates growth in Industrial AI.

Meta: Partnerships With Overview Energy And Noon Energy Target 1 GW Space Solar And 100 GWh Storage To Power AI Infrastructure

By Amit Chowdhry ● Apr 28, 2026

Meta Platforms announced two new energy partnerships aimed at supporting the growing power demands of its AI infrastructure and data centers, focusing on next-generation solar generation and long-duration energy storage.

Quantum Art: $140 Million Series A Extension Fuels Development Of 1,000-Qubit Quantum System And Commercialization Push

By Amit Chowdhry ● Apr 28, 2026

Quantum Art announced that it has extended its Series A funding round to $140 million, driven by strong investor demand as the company advances toward large-scale quantum computing systems. The round was led by Bedford Ridge Capital, with participation from Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures, and IDA Ventures. The extension builds on the company’s previously announced $100 million Series A financing in December 2025.

Collective Acquires Open Ledger To Advance AI-Native Financial Operating System For Solopreneurs

By Amit Chowdhry ● Apr 28, 2026

Collective announced it has acquired Open Ledger, as the company looks to accelerate development of an AI-driven financial operating system designed for self-employed professionals and “Businesses-of-One.”

Ineffable Intelligence: $1.1 Billion Seed Funding At $5.1 Billion Valuation Raised For Reinforcement Learning AI

By Amit Chowdhry ● Apr 28, 2026

A new artificial intelligence startup founded by a former Google DeepMind leader has raised a record-breaking seed round, according to a CNBC report, underscoring surging investor appetite for next-generation AI systems. Ineffable Intelligence, founded by renowned AI researcher David Silver, secured approximately $1.1 billion in seed funding, one of the largest early-stage financings ever recorded. The round values the company at roughly $5.1 billion and includes participation from major global investors, including Nvidia and Google, as well as leading venture capital firms.

Century Health: Interview With Founder & CEO Vish Srivastava About The Health Technology Company

By Amit Chowdhry ● Apr 28, 2026

Century Health is a health technology company that uses an AI-powered platform to automate the curation and enrichment of fragmented clinical data, creating high-quality real-world evidence to accelerate research and breakthrough treatments for life sciences organizations. Pulse 2.0 interviewed Century Health co-founder and CEO Vish Srivastava to learn more.

Johnson Controls Acquires Nantum AI To Expand AI-Driven Energy Optimization Within OpenBlue

By Amit Chowdhry ● Apr 27, 2026

Johnson Controls announced it has acquired Nantum AI, a New York-based developer of artificial intelligence algorithms designed to improve building energy efficiency and operational performance. The acquisition strengthens Johnson Controls’ OpenBlue digital ecosystem by adding advanced AI-driven control capabilities to optimize HVAC systems and reduce energy consumption.

Nubank: R$45 Billion Investment Plan In Brazil Targets AI, Product Expansion And Financial Inclusion Growth

By Amit Chowdhry ● Apr 27, 2026

Nu Holdings announced plans to invest approximately R$45 billion (about $8.2 billion) in Brazil in 2026, nearly doubling its investment levels over the past two years as it continues to scale its platform and expand financial access across the country.

Avoca: $125+ Million Raised At $1 Billion Valuation To Power Services Economy With AI

By Amit Chowdhry ● Apr 27, 2026

Avoca, an AI platform focused on the services economy, announced it has raised more than $125 million across Seed, Series A, and Series B funding at a $1 billion valuation. The Series B round was led by Meritech Capital and General Catalyst, while the Series A was led by Kleiner Perkins, with additional backing from Amplify Partners and Y Combinator.

Avery Dennison: $75 Million Investment In Wiliot Expands Physical AI And Supply Chain Intelligence

By Amit Chowdhry ● Apr 27, 2026

Avery Dennison announced a $75 million strategic investment in Wiliot to accelerate the adoption of Physical AI technologies and expand digital identification capabilities across global supply chains.