Artificial Intelligence

Farsight: $16 Million Secured For Automating Financial Workflows

By Amit Chowdhry ● Jun 11, 2025

Farsight, a pioneering technology company transforming workflows and insights at financial institutions, has announced a Series A fundraise, raising $16 million in capital. This funding round was led by SignalFire, with participation from RRE Ventures, Link Ventures and K5 Ventures as well as contributions from many strategic angel investors at firms including Blackstone, Oaktree, Searchlight, Bank of America and more.

Trustible: $4.6 Million Seed Funding Raised For AI Governance Platform

By Amit Chowdhry ● Jun 11, 2025

Trustible, a leading AI governance platform that enables safe and compliant AI adoption, today announced a $4.6 million Seed Series financing round. The round was led by Lookout Ventures, with participation from the Office of Eric Schmidt, Tau Ventures, Inner Loop Capital, Alumni Ventures, FoundersX, former Deloitte CIO Larry Quinlan, former Relativity CEO Mike Gamson, and former Washington DC Mayor Adrian Fenty, alongside existing investors Harlem Capital, Vamos Ventures, and JHH VC.

Manex AI: €8 Million Seed Round Closed For Enabling Autonomous Factories

By Amit Chowdhry ● Jun 11, 2025

Manex AI (formerly Datagon AI), an AI-based software platform for industrial quality management and process steering, announced a €8M seed round to build the control layer for autonomous manufacturing. The funding round was led by Lightspeed Venture Partners and BlueYard Capital, with participation from Capmont Technology and the CDTM Venture Fund.

Brookfield Advancing AI Infrastructure In Sweden With SEK 95 Billion Investment

By Amit Chowdhry ● Jun 11, 2025

Brookfield Asset Management announced up to SEK 95 billion ($10 billion) of investment to support the development of artificial intelligence (“AI”) infrastructure in Sweden. This investment represents one of Brookfield’s most significant AI investments in Europe, extending the partnership with the Swedish government, its public authorities, academia, and businesses in the region.

Simetrik: $30 Million Raised For Scaling AI Reconciliation Platform

By Amit Chowdhry ● Jun 11, 2025

Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives. Other Series B participants include Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures.

Apromore: Interview With CEO Prof. Marcello La Rosa About Driving Operational Excellence With Process Intelligence

By Amit Chowdhry ● Jun 10, 2025

Founded in 2019 and headquartered in Melbourne, Australia, and New York, Apromore originated from over a decade of research and innovation at the University of Melbourne and the University of Tartu. The company evolved into a global leader in process intelligence, offering solutions that integrate with systems such as Salesforce and SAP to provide a comprehensive view of end-to-end processes. Apromore is a 3X Leader in the Gartner Magic Quadrant for Process Mining, and among the top three leading vendors, and also named a Leader in Everest Group’s PEAK Matrix Assessment for Process Mining 2024. Pulse 2.0 interviewed Apromore CEO Prof. Marcello La Rosa to gain a deeper understanding of the company.

Veris AI: $8.5 Million Raised For Training AI Agents

By Amit Chowdhry ● Jun 8, 2025

Veris AI, a platform that enables companies to safely train and test AI agents through novel, high-fidelity simulated experiences, has emerged from stealth and announced that it has raised $8.5 million in seed funding. The round was led by Decibel Ventures and Acrew Capital, with participation from angel investors including Ian Livingstone, The House Fund, Rocket Money’s Idris Mokhtarzada, and Dorothy Chang, among others.

IBM: watsonx AI Labs Launched And Seek AI Acquired

By Amit Chowdhry ● Jun 7, 2025

IBM announced watsonx AI Labs, which is a new developer-first innovation hub in New York City designed to for helping AI builders and accelerating AI adoption at scale. And watsonx AI Labs connects IBM's enterprise resources and expertise with the next generation of AI developers to create breakthrough AI applications for business.

Moments Lab: $24 Million Raised For AI Video Discovery

By Amit Chowdhry ● Jun 7, 2025

Moments Lab, a leader in AI video discovery, announced it has raised $24 million in funding, led by Oxx, with participation from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners.

Wordsmith AI: $25 Million Series A Raised For Scaling Legal AI Agent Infrastructure

By Amit Chowdhry ● Jun 5, 2025

Wordsmith AI announced it has secured a $25 million Series A led by Index Ventures to scale its AI infrastructure that deploys legal agents across organisations to guide them to outcomes faster.

GC AI: Series A Funding Raised To Help Legal Teams Find AI To Automate Tasks

By Amit Chowdhry ● Jun 5, 2025

GC AI, a legal AI platform built for in-house counsel, announced nearly 3 times the revenue growth this year. And GC AI has grown an average of 21% month-over-month (MoM) in revenue in 2025, now serving more than 350 enterprise customers and thousands of users across 53 countries. The company also recently closed a Series A led by Sound Ventures, alongside Fellows Fund, Guillermo Rauch, Gokul Rajaram, TipTop VC, and more than 30 general counsel and legal leaders.

Amazon To Invest $10 Billion In North Carolina For Expanding Cloud And AI Innovations

By Amit Chowdhry ● Jun 4, 2025

Today, Amazon announced plans to invest an estimated $10 billion in North Carolina to expand its data center infrastructure, supporting AI and cloud computing technologies. This investment is expected to create at least 500 new high-skilled jobs, while also helping thousands of other jobs in the AWS data center supply chain.

pWin.ai: $10 Million Seed Funding Raised For AI-Based Proposal Platform

By Amit Chowdhry ● Jun 4, 2025

pWin.ai, an AI proposal-writing copilot built with Shipley best practices inside, announced it has raised $10 million in a seed funding round led by MicroStrategy co-founder Sanju Bansal, members of the Blue Delta Capital team, and other Government Contracting (GovCon) industry leaders. This funding will advance pWin.ai’s product innovation, customer growth, and market expansion.

AgentSmyth: $8.7 Million Seed Raised For Autonomous Agent Platform

By Amit Chowdhry ● Jun 4, 2025

AgentSmyth, an autonomous agent platform for trading and investment delivering real-time and institutional-grade intelligence to professional traders, announced it has closed an $8.7 million seed round, co-led by FinTech Collective and Thomson Reuters, with BNY joining through its Ascent fintech-innovation program. This new funding round brings the company’s total funding to $11.2 million, including a $2.5 million pre-seed led by Michael Rafferty, president and CEO of Rafferty Holdings, who also participated in the current round.

Outmin: €4 Million Raised For Scaling AI Bookkeeping

By Amit Chowdhry ● Jun 4, 2025

Outmin, an intelligent bookkeeping company that automates financial data production and eliminates manual data entry, announced a €4 million funding round led by Praetura Ventures via its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance - which is managed by Praetura as part of the Northern Powerhouse Investment Fund II.

Leidos Buying Kudu Dynamics In $300 Million All-Cash Deal

By Amit Chowdhry ● Jun 3, 2025

Leidos announced that it has acquired Kudu Dynamics, advancing Leidos' rapid scaling of artificial intelligence (AI)-enabled cyber capabilities for defense, intelligence, and homeland security customers.

Invoca Buying Symbl.ai To Help Brands Orchestrate The Buyer Journey With AI

By Amit Chowdhry ● Jun 2, 2025

Invoca, a leader in AI-driven revenue execution platforms, has announced the signing of a definitive agreement to acquire Symbl.ai, an AI-based platform for human intelligence. This deal combines Symbl.ai’s broad set of AI capabilities with the Invoca platform, enabling companies to drive revenue through a modern buying experience that leverages the best of digital, AI, and human touch.

Chalk: $50 Million Series A Raised At $500 Million Valuation For AI Inference Data Platform

By Amit Chowdhry ● Jun 2, 2025

Chalk, a data platform for AI inference, announced that it has raised a $50 million Series A at a $500 million valuation. Felicis led the round with participation from Triatomic Capital and existing investors General Catalyst, Unusual Ventures, and Xfund.

Creatify: $15.5 Million Series A Raised For AI Ad Agent For Video Technology

By Amit Chowdhry ● Jun 2, 2025

Creatify, an AI platform that powers high-performance video advertising, announced $15.5 million in Series A funding, co-led by WndrCo and Kindred Ventures. The funding round brings Creatify’s total funding to $23 million, with early investors including NFDG, Millennium New Horizons, Creator Ventures, and Leadout Capital.

Unbound: $4 Million Raised For Helping Enterprises With AI Tools

By Amit Chowdhry ● Jun 2, 2025

Unbound announced it has raised $4 million. This oversubscribed seed round was led by Race Capital, with participation from Wayfinder Ventures, Y Combinator, Massive Tech Ventures. The round also included Alpha Square Group, Northside Ventures, Liquid2, Pioneer Fund, Scale Asia Ventures, SBXI and notable angels including Ram Shriram (founding board member at Google), Dr. Trishan Panch (CSO LuminHealth), Dr. John Brownstein (Chief Innovation Officer, Boston Children’s hospital), Taro Fukuyama (CEO, Fond), Eli Brown (CEO, Guilded, acquired by Roblox), Chris Siakos (CEO Sinefa, acquired by Palo Alto Networks), Joe Vadakkan (CISO, Ex- CRO), Zain Rizavi (Cloudflare, Ridge VC), Finbarr Taylor (CEO, Shogun) alongside other silicon valley and cybersecurity veterans.

Rillet: $25 Million Series A Raised For AI-Based ERP Platform

By Amit Chowdhry ● Jun 2, 2025

Rillet, an AI-native ERP (enterprise resource planning) platform, announced $25 million in Series A funding led by Sequoia Capital. This funding round includes existing investors First Round Capital, Creandum, Susa Ventures and top angels, such as former NetSuite CFO, Ron Gill and Lee Kirkpatrick, former Twilio CFO.

Traceloop: $6.1 Million Secured For Making AI Agents Production-Ready

By Amit Chowdhry ● Jun 2, 2025

TrustCloud: $15 Million Raised For AI-Native Security Assurance Platform

By Amit Chowdhry ● Jun 1, 2025

TrustCloud, an AI-native security assurance platform for hybrid enterprises, announced it has raised $15 million in strategic funding led by ServiceNow Ventures, with participation from Cisco Investments, Presidio Ventures, OpenView Venture Partners, Tola Capital, and existing investors.