Startups

Theo Ai: $4.2 Million Seed Raised For Advancing AI-Based Settlement Prediction for Big Law

By Amit Chowdhry ● May 19, 2025

Theo Ai, a AI-driven prediction platform for litigation, announced it has raised a $4.2 million seed round just six months after its $2.2 million pre-seed announcement in November. The funding round was co-led by returning investor NextView Ventures and new investor Collide Capital.

RoboForce: $15 Million In Total Funding And AI Robot Announced

By Amit Chowdhry ● May 19, 2025

RoboForce is introducing Titan, which is its first AI robot built for real-world industrial deployment in demanding outdoor environments. Powered with Domain Intelligence and tight AI-hardware co-optimization, and highly modular hardware, Titan has the strength, precision, efficiency, and ability to learn and operate continuously across industrial domains. Along with the launch of Titan, RoboForce announced an additional $5 million in funding from both new and existing investors, bringing its total capital raised to $15 million.

Persist AI: $12 Million Series A Raised And Cloud Lab Launched

By Amit Chowdhry ● May 19, 2025

Persist AI, a pioneer in AI-based robotics for pharmaceutical formulation development and Chemistry, Manufacturing, and Controls (CMC), announced the launch of its Cloud Lab platform following the closing of an oversubscribed $12 million Series A funding round. The funding round was led by Spero Ventures with participation from MBX Capital, Shimadzu Future Innovation Fund managed by Global Brain, Eli Lilly, SignalFire, Ford Street Capital, Purdue Ventures, Good AI Capital, Cartography Capital, Asymmetry Ventures, and existing investors 2048 Ventures, Innospark, and Y Combinator.

Button Finance: $5 Million Series A Raised For Transforming Home Equity Lending

By Amit Chowdhry ● May 19, 2025

Button Finance - a fintech company transforming home equity lending - announced it closed a strategic $5 million Series A funding round led by Hildene Capital Management, a structured credit-focused asset manager with about $17 billion in assets, with participation from existing investors.

VIVE: Strategic Investment Raised From Potamus Equity

By Amit Chowdhry ● May 19, 2025

VIVE, a leading compliance and vendor management platform for property managers, announced a strategic investment from Potamus Equity. This partnership enables VIVE to execute on its strategic objectives to streamline compliance, enhance transparency, and empower property management teams.

Health Data Company Datavant To Buy Aetion

By Amit Chowdhry ● May 19, 2025

Leading health data platform company Datavant announced that it has signed an agreement to acquire Aetion, a leading real-world evidence (RWE) platform that powers healthcare decision-making. With this deal, Aetion will join Datavant to deliver an end-to-end RWE platform, enabling healthcare and life sciences companies to answer research questions more efficiently about the clinical impact of therapies in development and in market.

VFlowTech: $20.5 Million Raised For Energy Storage Solutions

By Amit Chowdhry ● May 19, 2025

VFlowTech, a homegrown leader in long-duration energy storage solutions, announced it has raised $20.5 million in its latest funding round.

Bestow: $120 Million Series D Funding Raised For Insurance Technology

By Amit Chowdhry ● May 19, 2025

Bestow, a leading insurance technology company, announced the closing of a $120 million oversubscribed Series D funding round, such as primary and secondary investments. The funding round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital. Along with the equity financing, Bestow also signed a $50 million credit facility from TriplePoint Capital.

Plexus: $6 Million Raised For Advancing AI-Based Growth Strategy

By Amit Chowdhry ● May 19, 2025

Plexus, an AI-based legal automation platform transforming how in-house legal teams operate, announced it has secured over $6 million in new funding to accelerate global expansion and AI-led innovation. The funding round was led by existing shareholders and Seattle-based Lighter Capital and it marks Plexus’ first institutional partnership.

Avicena: $65 Million Series B Raised For Ultra-Low Power microLED-Based Interconnects

By Amit Chowdhry ● May 19, 2025

Avicena, a leader in ultra-low power high-density microLED-based interconnects, announced it has raised $65 million in Series B funding, bringing the total capital raised to $120 million. The funding round was led by Tiger Global with participation from new and existing investors including Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance, SK hynix, Cerberus Capital Management, Hitachi Ventures and Lam Research.

Kovr.ai: $3.6 Million Secured For Transforming Cyber Compliance Automation

By Amit Chowdhry ● May 19, 2025

Kovr.ai, an AI-native cyber compliance automation platform provider, announced it emerged from stealth with $3.6 million in seed funding led by IronGate and Xfund with participation from Hack Factory, OODA Ventures, and McLean Capital.

TurbineOne: $36 Million Series B Secured For Defense Products

By Amit Chowdhry ● May 19, 2025

TurbineOne, which is the defense software company powering real-time threat detection and decision-making at the tactical edge, announced a $36 million Series B funding round. The funding round was led by The General Partnership with participation from Bessemer Venture Partners, XYZ Ventures, Stepstone Group, PROOF VC, and Artisanal Ventures, valuing the company at $300 million.

TensorWave: $100 Million Series A Raised For AI Infrastructure Solutions

By Amit Chowdhry ● May 19, 2025

TensorWave, an emerging leader in AMD-powered AI infrastructure solutions, announced it has raised $100 million in Series A funding. Magnetar and AMD Ventures led the round, with continued support from Maverick Silicon, Nexus Venture Partners, and new investor Prosperity7.

Tensor9: $4 Million Raised For Transforming Software Delivery

By Amit Chowdhry ● May 19, 2025

Tensor9, the company behind a new enterprise any-prem platform that enables SaaS vendors to sell to enterprise customers, announced that it has raised a $4 million seed round led by Wing VC, with participation from Devang Sachdev and NVAngels, Level Up Ventures, and strategic angels with backgrounds at Google (Michael Stoppelman), Cockroach Labs (Spencer Kimball), Benchling (Amit Gupta), and Amazon (Gert Lanckriet).

Nekuda: $5 Million Raised For Building Infrastructure For Agentic Payments

By Amit Chowdhry ● May 19, 2025

Nekuda, a company building infrastructure for agentic payments, announced a $5 million funding round led by Madrona Ventures with participation from global financial leaders including Amex Ventures and Visa Ventures.

Layer: $6.5 Million Raised For Building Production Tools For Game Makers

By Amit Chowdhry ● May 19, 2025

Layer, an AI application gateway built specifically for game developers, announced it has closed $6.5 million in seed funding led by Arcadia (Akin Babayigit’s new fund), and an investment vehicle connected to Riccardo Zacconi (co-founder of King), with participation from existing investors e2.vc (formerly 500 Emerging Europe).

FlexPoint: $12 Million Series A Closed For Expanding B2B Payments Network

By Amit Chowdhry ● May 19, 2025

FlexPoint, a trusted payments platform for managed service providers (MSPs) and the businesses they serve, announced that it has raised $12 million in Series A funding led by Foundry Group, with participation from existing investors Haymaker Ventures, Garuda Ventures, Techstars, Far Out Ventures, and Cascade Seed Fund. This new funding round brings FlexPoint’s total funding to $19.5 million since launching in March 2023.

ClearVector: $13 Million Series A Raised For Advancing Identity-Driven Cybersecurity Platform

By Amit Chowdhry ● May 19, 2025

ClearVector, a creator of identity-driven security, announced its $13 million Series A financing to advance its mission to redefine cybersecurity by shifting the focus to identity-driven security. The funding round was led by Scale Venture Partners, with participation from Okta Ventures, Inner Loop Capital, and existing investor Menlo Ventures. This brings the company’s total funding to $16 million.

Blank Beauty: $6 Million Series A Raised For Personalized Beauty Platform

By Amit Chowdhry ● May 19, 2025

Blank Beauty, a technology company providing on-demand beauty customization using AI and robotics, announced the closing of an oversubscribed $6 million Series A financing, led by Evolution VC Partners, Kirker Enterprises, and EPSON.

Rentsync: Significant Growth Investment Raised For Serving Rental Housing Industry

By Amit Chowdhry ● May 19, 2025

Rentsync, a leading software and data company serving Canada’s rental housing industry, announced it has raised a significant growth investment led by Silversmith Capital Partners. This partnership with Silversmith enables the company to further invest in technology, expand its team, and pursue strategic acquisitions as it builds a comprehensive data, software, and analytics platform to address the challenges of Canada’s rental housing ecosystem.

A100x: $50 Million Fund II Launched

By Amit Chowdhry ● May 19, 2025

A100x announced its second fund, a $50 million vehicle dedicated to supporting aspiring early stage founders in artificial intelligence (AI), digital assets, and blockchain, and is strategically designed to foster the next generation of companies that are building applications and middleware to solve real world challenges and foster enterprise and consumer adoption. And there is no better time than during this US administration to support these technologies.

Whalar Group: Strategic Investment Raised From Marc Benioff, Shopify, And Neal H. Moritz

By Amit Chowdhry ● May 19, 2025

Whalar Group, which is the global Creator company on a mission to liberate the creative voice, announced that they have secured strategic investment from a group of powerhouse investors: Marc Benioff the visionary founder of Salesforce, Shopify, and Neal H. Moritz the acclaimed Hollywood producer & founder of Original Film.

Owner: $120 Million Series C Raised At $1 Billion Valuation For Helping Restaurants Grow

By Amit Chowdhry ● May 19, 2025

Owner announced it is raising $120 million in Series C at a $1 billion valuation. The company aims to create a “Shopify” for local businesses, starting with restaurants. The funding round was co-led by Alex Kurland of Meritech and Shalini Rao of Headline.

Wireless Logic: General Atlantic Named As Minority Shareholder At £3.5 Billion Valuation

By Amit Chowdhry ● May 19, 2025

Wireless Logic - a leading independent global Internet of Things (IoT) solutions provider - announced it welcomed General Atlantic, a leading global investor as a new minority shareholder, through investment from the firm’s BeyondNetZero climate growth equity fund. And the company’s existing shareholder Montagu (a leading mid-market private equity firm) will remain the majority shareholder, reinvesting alongside General Atlantic.

Origin: $21 Million Series A Raised For Global Benefits Intelligence Platform

By Amit Chowdhry ● May 19, 2025

Origin, the world’s first Global Benefits Intelligence platform, announced it officially launched and it has raised $21 million in Series A funding led by Felix Capital, with participation from Acadian Ventures and Notion Capital. And additional investment has been secured from Tudor Havriliuc (former VP of HR at Meta), Paul Daugherty (enterprise AI author) and recently retired CTO of Accenture), Jacqui Canney (CHRO at ServiceNow), and Laura Modiano (Startups Lead for OpenAI in EMEA). The funding round values Origin at $106 million and will advance the company's goal to transform the global benefits industry by providing HR and benefits.

Azafaros: €132 Million Secured To Develop Treatments For Lysosomal Storage Disorders

By Amit Chowdhry ● May 19, 2025

Azafaros, a clinical-stage company focused on developing disease-modifying therapeutics to offer new treatment options to patients with rare lysosomal storage disorders, announced the completion of an oversubscribed €132 million Series B financing led by Jeito Capital, co-led by Forbion Growth, and with additional participation from Seroba, Pictet Group and existing investors Forbion Ventures, Schroders Capital and BioGeneration Ventures (BGV).

Optimal Dynamics: $40 Million Series C Raised For Scaling Logisitics Decision Layers

By Amit Chowdhry ● May 19, 2025

Optimal Dynamics, a leader in artificial decision intelligence for trucking companies, announced a $40 million Series C financing round led by Koch Disruptive Technologies. This funding emphasizes Optimal Dynamics' bold vision to fundamentally reshape decision-making across the trucking industry by building the first-ever autonomous decision layer of logistics.

PhaseV: $50 Million Series A Closed For Clinical Development Platform

By Amit Chowdhry ● May 19, 2025

PhaseV, a leader in AI/ML-driven clinical development, announced the completion of a $50 million Series A funding round. The round was co-led by Accel and Insight Partners, and existing investors Viola Ventures, EXOR, and LionBird participated. This brings the company's total funding to $65 million.

Stord: $200+ Million Raised At $1.5 Billion Valuation For Commerce-Enabling Technology

By Amit Chowdhry ● May 19, 2025

Stord, a commerce-enablement leader providing high-volume fulfillment services and e-commerce technology for omnichannel brands, announced that it has raised more than $200 million in financing. This Series E equity funding is led by Strike Capital, with additional support via growth debt facility from Silicon Valley Bank (SVB), a division of First Citizens Bank, and ORIX USA. New investors, Baillie Gifford, NewView Capital, G Squared, and Georgia Tech Foundation, joined the round and existing investors, Kleiner Perkins, Franklin Templeton, Founders Fund, Bond, Sozo, 137, and Lux, also participated. And the funding round raised Stord’s valuation to $1.5 billion, reflecting the company’s growth trajectory.

DiffuseDrive: $3.5 Million Raised For Physical AI Technology

By Amit Chowdhry ● May 19, 2025

DiffuseDrive, a next-generation physical AI company, announced a double milestone, raising $3.5 million in seed funding and multiple successful deployments with Fortune 500 companies. And the company’s breakthrough generative AI platform turns data scarcity into data abundance automating photorealistic content in hours giving enterprises a competitive edge.