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Anthropic, the San Francisco-based AI company behind the Claude family of large language models, is preparing to launch a massive new funding round targeting $10 billion, which could value the company at around $350 billion nearly doubling its valuation from its last major raise and underscoring the intense investor demand for frontier artificial intelligence technology. The new financing is expected to be led by Singapore’s sovereign wealth fund GIC alongside Coatue Management, according to reports based on discussions with multiple sources familiar with the matter. The $10 billion figure is currently a planning target and the size and structure of the deal could evolve as talks continue, but the valuation if realised would place Anthropic among the most valuable privately held AI startups in the world, rivalled only by a handful of tech giants. Anthropic’s plans come on the heels of a $13 billion Series F funding round in September 2025 that valued the company at about $183 billion, reflecting rapid growth in enterprise adoption of its AI products and strong commercial traction for Claude across developers and businesses. With rising demand for generative AI tools and increasing enterprise spending on AI solutions, the company is aiming to more than double its annualised revenue run rate this year, according to industry sources, while also preparing for a possible initial public offering as early as 2026. Founded in 2021 by former OpenAI researchers, Anthropic has carved out a prominent position in the advanced AI landscape with its focus on building reliable, scalable and safe large language models that compete with offerings from other leading AI labs. The company has drawn significant backing from major technology players including Alphabet’s Google, Amazon and earlier strategic investors, and continues to attract global capital as it seeks to expand infrastructure, research and enterprise partnerships. #Anthropic #AIStartup #FundingRound #Valuation #ClaudeAI #ArtificialIntelligence #GIC #CoatueManagement #AIInvestment #TechFunding #GenerativeAI #EnterpriseAI #AIValuation #TechEcosystem #StartupFunding #AILeadership
11 hours ago|by Team S
Rain, a Middle East-based crypto and digital asset platform, has closed a $55 million Series C funding round at a $2 billion valuation, highlighting strong investor confidence in the company’s role as a regulated provider of cryptocurrency exchange and stablecoin services. The financing will support Rain’s mission to expand its product suite, strengthen compliance capabilities and accelerate growth across retail and institutional markets in the Middle East and beyond, particularly as demand for regulated crypto services continues to rise.The Series C round was co-led by DST Global Partners and Ghisallo, with participation from prominent backers including Bain Capital Crypto, Citi Ventures, Fenbushi Capital, D1 Ventures and Acrew Capital, among others. The capital will be used to enhance Rain’s technology infrastructure, scale its market presence and build additional regulated products such as stablecoins, custody solutions and institutional trading services positioning the company to compete with global crypto platforms in an increasingly regulated landscape.Rain operates under full regulatory oversight in the United Arab Emirates, holding licences that allow it to offer both retail crypto trading and institutional digital asset services. The company has seen strong user growth and transaction volumes, driven in part by its focus on compliance, security and transparent fee structures that appeal to both individual and enterprise customers. The funding comes at a time when regional regulators are promoting digital asset frameworks that balance innovation with risk management, creating opportunities for licensed players like Rain to capture market share while supporting broader adoption of digital currencies.Founded by Philip Craven, Alexander Yovchev and Nikola Askov, Rain aims to build a trusted digital asset ecosystem tailored to regulated markets, with a focus on stablecoins, custody and institutional liquidity. The company’s team draws from backgrounds in finance, technology and compliance, and its strategy emphasizes regulatory alignment as a differentiator in a crowded global crypto landscape. #Rain #SeriesCFunding #Crypto #Stablecoin #DigitalAssets #Fintech #RegulatedCrypto #MiddleEastTech #DSTGlobalPartners #CryptoInvesting #StartupFunding #InstitutionalCrypto #Blockchain
11 hours ago|by Team S
Spangle AI, a Seattle-based commerce technology startup, has secured $15 million in a Series A funding round led by NewRoad Capital Partners, bringing the company’s valuation to $100 million and validating strong investor confidence in its vision for next-generation e-commerce infrastructure. The Series A round also included participation from existing and strategic investors such as Madrona, DNX Ventures, Streamlined Ventures and a group of angel investors, extending Spangle’s momentum after its initial $6 million seed raise last year bringing the total funding to approximately $21 million. Spangle AI’s platform uses generative AI to instantly generate customized storefronts and shopping experiences that adapt in real time based on how individual customers arrive at a retailer’s site whether from social platforms like Instagram, AI search tools, or autonomous shopping agents. |The system does not rely on historical user identity but instead interprets intent and context, reshaping product selection, layout and content dynamically for each shopper. The technology has resonated with brands such as REVOLVE, Steve Madden and Alexander Wang, with reports of conversion lifts of up to 50 % and improved return on ad spend for customers leveraging Spangle’s personalization layer. Spangle AI was founded in 2024 by Maju Kuruvilla (CEO) and Fei Wang (CTO), both experienced technology leaders with backgrounds in large-scale commerce and retail systems. Kuruvilla has previously held leadership roles including CEO and CTO at Bolt and senior engineering positions at Microsoft and Honeywell, while Wang served as CTO at Saks OFF 5TH and spent nearly 12 years at Amazon as an engineer. The company has rapidly signed nine enterprise customers within its first nine months and continues to build out its team and platform capabilities. #SpangleAI, #SeriesAFunding, #EcommerceTech, #AIinRetail, #PersonalizedCommerce, #RetailInnovation, #StartupFunding, #DigitalShopping, #CommerceAI, #TechStartups, #SeattleTech
11 hours ago|by Team S
Harmattan AI - a French defence technology startup building autonomous AI-powered systems for military applications has raised $200 million in a Series B funding round led by aerospace giant Dassault Aviation, propelling the company to unicorn status with a $1.4 billion valuation and marking one of Europe’s largest recent defence tech financings. Founded in 2024 and headquartered in Paris, France, Harmattan AI develops autonomy and mission-system software for defence aircraft, unmanned aerial vehicles (UAVs) and related military platforms. The company’s technology is designed to support advanced intelligence, surveillance and reconnaissance (ISR), drone interception, electronic warfare and collaborative air combat systems, reflecting growing global demand for AI-enabled defence solutions amid evolving strategic priorities. The $200 M Series B round, led by Dassault Aviation a major French aerospace and defence manufacturer best known for the Rafale fighter jet not only provides substantial capital but also cements a strategic partnership aimed at embedding Harmattan’s AI capabilities into Dassault’s next-generation fighter programs such as the Rafale F5 and unmanned combat air systems (UCAS). The financing will be used to scale industrial manufacturing, expand product offerings into new operational domains, and support deployments of AI-enabled defence platforms across global theatres. Harmattan AI has already secured multiple “programs of record” with both the French and UK Ministries of Defence, validating its technology and accelerating adoption among NATO and allied forces. The company’s rise comes as governments and defence organisations increasingly prioritise sovereign AI systems capable of operating at scale and supporting collaborative autonomy alongside manned systems. French President Emmanuel Macron publicly welcomed the investment and strategic collaboration, highlighting its importance for Europe’s technological sovereignty, defence capability and economic growth. As Harmattan expands its footprint, the startup is positioning itself not just as a supplier of autonomous systems but as a pivotal partner in the next generation of defence innovation. #HarmattanAI, #DefenseTech, #UnicornStartup, #SeriesBFunding, #DassaultAviation, #AIinDefense, #AutonomousSystems, #MilitaryAI, #FrenchTech, #StrategicPartnership, #AerospaceInnovation, #DroneTech, #ISR, #ElectronicWarfare, #GlobalTechInvestment
12 hours ago|by Team S
Daylight Energy -a DePIN (decentralized physical infrastructure network) startup focused on distributed solar power and home energy systems- has raised $75 million in new financing to scale its decentralized solar network across the United States and accelerate deployment of blockchain-linked energy infrastructure. The funding highlights growing investor confidence in projects that fuse renewable energy with token-enabled economic models and real-world yield mechanisms. The $75 million raise consists of $15 million in equity financing led by Framework Ventures, with participation from a16z Crypto, Lerer Hippeau, M13, Room40 Ventures, EV3 Ventures, Crucible Capital, Coinbase Ventures and Not Boring Capital, alongside a $60 million project finance facility led by Turtle Hill Capital a non-recourse loan secured against infrastructure assets. Daylight plans to use the capital to expand installations of home solar and battery systems within its subscription-based network, bolster grid resilience, launch its DayFi decentralized finance protocol and unlock blockchain-linked energy yields for participants. The Daylight Network enables homeowners to access backup power and predictable electricity pricing without upfront costs, and earn “Sun Points” as rewards for contributing energy back to the grid, with future plans to evolve the system into an on-chain token reward model. Founded in 2022 by Jason Badeaux, Udit Patel and Evan Caron, Daylight is building a new paradigm for renewable energy infrastructure ownership and participation by bridging real-world energy systems and decentralized capital, allowing investors and homeowners alike to benefit from the shift to clean, distributed power generation. #DaylightEnergy, #DePIN, #SolarEnergy, #CleanEnergy, #Blockchain, #RenewableInfrastructure, #EnergyTech, #SolarPower, #GreenTech, #DecentralizedEnergy, #VCFunding, #FrameworkVentures, #EnergyInnovation, #SustainableTech, #CryptoInvestment
12 hours ago|by Team S
Cybersecurity firm Torq, which builds an autonomous AI-driven Security Operations Center (SOC) automation platform, has raised $140 million in a Series D funding round, catapulting the company into unicorn status with a valuation of $1.2 billion a milestone that highlights investor confidence in AI-powered cyber defence solutions amid rising global threats. The Series D round was led by Merlin Ventures, a cybersecurity-focused fund with strong experience in U.S. federal and public-sector markets, with participation from existing backers including Insight Partners, Bessemer Venture Partners, Greenfield Partners, Evolution Equity Partners, Notable Capital and J.P. Morgan Private Bank all of whom have consistently supported Torq’s growth and technology leadership. Founded in 2020 by Ofer Smadari (CEO), Leonid Belkind (CTO) and Eldad Livni (CINO), Torq’s platform uses autonomous AI agents to automate security operations tasks such as threat detection, investigation, response and workflow orchestration essentially redefining how organisations manage modern SOC functions. With its global footprint spanning offices in New York, Tel Aviv, London, Amsterdam, Germany and Japan, the company employs more than 350 professionals and plans to hire an additional 200 employees in 2026 as it scales operations and expands product adoption. Torq reported roughly 300% revenue growth in 2025, driven by enterprise adoption of its AI SOC platform and strong engagement with major global customers across sectors. The new capital will accelerate Torq’s international expansion and product development, with particular emphasis on U.S. federal and public-sector opportunities where compliance and cybersecurity requirements are stringent and provide a large market for advanced autonomous defence technologies. #TorqAI #Cybersecurity #UnicornStartup #SeriesDFunding #AIinSecurity #SecurityOps #SOC #MerlinVentures #TechInvestment #Innovation #CyberTech #AI #EnterpriseSecurity #GlobalExpansion
12 hours ago|by Team S
Clinical-stage precision medicine company Mirador Therapeutics has closed a $250 million Series B funding round, significantly bolstering its efforts to develop next-generation treatments for immune-mediated inflammatory and fibrotic diseases including Crohn’s disease, ulcerative colitis, rheumatoid arthritis and idiopathic pulmonary fibrosis. The financing round, which closed in Q3 2025, brings Mirador’s total capital raised to more than $650 million since its launch in March 2024, reflecting strong investor confidence in the company’s multi-asset clinical pipeline and strategic development platform. The new funds will be used to advance proof-of-concept across multiple clinical-stage assets and support the development of additional pipeline candidates. Mirador’s precision medicine engine, Mirador360™ (M360), leverages more than 2.5 million patient profiles combined with advanced machine learning to accelerate target discovery, patient stratification and indication expansion enabling the company to move toward 10 or more clinical readouts by year-end 2027. CEO Mark C. McKenna says the company’s strategy focuses on novel targets, rational combinations and multi-specific therapies to overcome the limitations of current treatments in immuno-fibrotic disease. The Series B round attracted new investment from funds and accounts advised by T. Rowe Price Investment Management, Inc., Adage Capital Partners L.P., and additional funds managed by Fidelity Management & Research Company, alongside substantial participation from previous backers. Returning investors include ARCH Venture Partners, OrbiMed, Fairmount, Point72, Farallon Capital Management, Boxer Capital, TCGX, Invus, Logos Capital, Moore Strategic Ventures, Blue Owl Healthcare Opportunities, Woodline Partners LP and Venrock Healthcare Capital Partners, as well as several undisclosed participants highlighting a broad base of support across leading life sciences and venture investors. Mirador’s expanded Series B financing boosts the company’s ability to accelerate clinical development across its portfolio and underscores a larger industry shift toward precision immunology and inflammation therapy innovation. With a robust technological foundation and deep capital backing, Mirador is positioned to become a major player in immunology as it drives therapies from discovery through clinical validation. #MiradorTherapeutics, #SeriesBFunding, #PrecisionMedicine, #Immunology, #InflammationTherapies, #BiotechFunding, #ClinicalPipeline, #HealthcareInnovation, #LifeSciences, #AIinMed, #BiotechInvesting
13 hours ago|by Team S
Authorities in multiple countries are intensifying scrutiny and taking action against Grok, the artificial intelligence chatbot developed by xAI and integrated into Elon Musk’s social media platform X, amid concerns it has been used to generate non-consensual, sexually explicit and manipulated images including deepfakes involving women and minors. The backlash reflects growing unease over how generative AI tools can be misused without robust safety safeguards and highlights emerging debates on legal accountability, digital safety and ethical AI deployment worldwide.In Southeast Asia, Malaysia and Indonesia have become the first countries to block access to Grok after regulators concluded that the tool’s image generation features were being exploited to create obscene and non-consensual content. Authorities cited repeated misuse and inadequate safeguards to prevent the spread of manipulated sexual imagery, particularly involving women and minors prompting temporary bans until effective protective measures are implemented.India’s Ministry of Electronics and Information Technology (MeitY) has issued formal notices to X Corp (the owner of X) demanding steps to prevent the creation and circulation of obscene and harmful AI-generated content linked to Grok, warning that continued non-compliance could trigger legal action under national digital safety laws.Regulators in Europe are also closely examining Grok’s operations. The European Commission has ordered X to retain all documents and data relating to Grok until the end of 2026 as part of ongoing oversight under the region’s Digital Services Act, ensuring authorities can assess the platform’s compliance with content safety rules. Meanwhile, the UK’s communications regulator, Ofcom, has launched a formal investigation into potential violations of online safety legislation, including privacy protections and safeguards against sexualised or abusive content.In response to mounting criticism, xAI and X have restricted Grok’s image generation and editing features to paying subscribers a move intended to limit wide-scale misuse of its visual models and removed thousands of harmful content pieces while disabling accounts linked to violations. However, critics argue that these measures do not fully address the underlying lack of proactive moderation and fail-safe AI controls necessary to prevent illegal or abusive outputs.Industry and legal experts say the situation highlights how regulators are rapidly adapting to the challenges posed by generative AI platforms and deepfakes, particularly where they intersect with privacy rights, child protection laws and consent frameworks.Across jurisdictions, the push for clearer governance structures, accountability mechanisms and built-in content safeguards signals a broader shift toward responsible AI deployment as technologies become increasingly capable and potentially harmful in the absence of robust controls.#GrokAI, #AIRegulation, #Deepfakes, #DigitalSafety, #xAI, #GenerativeAI, #AIethics, #ContentModeration, #AIBacklash, #Malaysia, #Indonesia, #India, #EU, #UK, #OnlineSafety, #TechPolicy, #RegulatoryAction
a day ago|by Team S
Taiwan-based venture capital firm AppWorks has announced the final closing of its fourth flagship venture capital fund, AppWorks Fund IV, at US$165 million, bringing the company’s total funds raised to US$386 million since inception. The firm said the new fund marks a rare instance of multiple pan-Asian sovereign limited partners uniting in a single vehicle, reinforcing its commitment to backing early-stage startups across the region in high-growth technology sectors including AI, Web3 and the broader digital economy.AppWorks Fund IV attracted significant participation from sovereign limited partners, including Taiwan’s National Development Fund, Jelawang Capital (the national fund-of-funds under Malaysia’s Khazanah Nasional) and Korea Venture Investment Corporation (KVIC) their first time together in one investment fund.The round also includes leading corporate and institutional investors such as Fubon Life Insurance, Taiwan Mobile, Wistron, Phison Electronics and E Ink Corporation. The firm said this diverse LP base supports its mission of connecting founders with both capital and corporate partners to fuel innovation and venture growth throughout Asia.Founded in 2009, AppWorks has built one of Asia’s most extensive founder communities, with more than 2,086 entrepreneurs and 653 active startups across its ecosystem.Over the past decade, the firm has emphasised support for companies in AI and Web3, helping nurture numerous category leaders and enabling founders to access cross-border networks and capital. Fund IV’s capital will be deployed to back early-stage opportunities arising from this ecosystem and to foster innovation at scale during a compelling period for frontier tech adoption across the region.#AppWorks #VentureCapital #FundIV #AIStartups #Web3 #AsiaTech #StartupFunding #SovereignLPs #InnovationEcosystem #EarlyStageInvesting #TechEcosystem #DigitalEconomy #StartupCommunity #CapitalRaise
a day ago|by Team S
Canadian venture capital firm McRock Capital has completed the final close of its third institutional fund, McRock Fund III, raising over CAD 120 million (≈ US 88 million), though the total came up short of its initial CAD 200 million target in a challenging fundraising environment. The Toronto-based firm specialising in industrial software, AI-enabled tech and digital transformation at the intersection of physical and software systems says the capital reflects strong investor support and positions Fund III as its largest vehicle to date, despite broader fundraising headwinds that slowed commitments from some prospective limited partners. Fund III’s proceeds will be deployed to back early-stage and growth-stage companies developing technologies designed to boost efficiency, resilience and sustainability across industrial markets, with a particular focus on AI-driven software, IoT, analytics and automation solutions. McRock’s strategy remains anchored in supporting startups that can transform traditional industrial operations from supply chains to manufacturing processes by leveraging data and software to unlock new performance gains. The fund’s final close includes continued backing from several existing institutional supporters as well as new strategic limited partners, signaling broad confidence in McRock’s thesis even as some larger global investors paused commitments. McRock Capital co-founders Scott MacDonald and Whitney Rockley emphasised that securing over CAD 120 million validates the strength of their network and the firm’s ability to attract capital amid a competitive venture landscape. McRock has consistently focused on technologies that drive the digital industrial revolution, where data, connectivity and AI are transforming traditional infrastructure, logistics and manufacturing operations. The firm has built a track record of backing category-defining startups and helping them scale globally, and Fund III will continue this focus by supporting companies with strong growth potential in the industrial tech ecosystem. #McRockCapital, #VentureCapital, #IndustrialSoftware, #DigitalIndustrial, #Fundraising, #VC2026, #StartupFunding, #AIinIndustry, #TechInvestment, #IndustrialInnovation, #DigitalTransformation, #CAD120M, #CanadianVC, #TechEcosystem
a day ago|by Team S
Climate venture capital investment climbed 8% in 2025, reaching $40 billion, marking the first annual increase since 2022 and signalling a strategic shift in where capital is flowing within the climate tech landscape. Rather than concentrating primarily on emissions-reduction technologies, investors are increasingly allocating funds to solutions that address the soaring energy demand driven by data centres and artificial intelligence a trend reshaping the priorities of climate-focused investment globally.According to a recent Sightline Climate report, the rise in total investment was accompanied by a drop in deal count, which fell 18% to a four-year low, suggesting that while fewer transactions were completed, larger deal sizes and mega-rounds drove overall capital growth. More than half of the top ten deals in 2025 exceeded $1 billion, with a strong emphasis on energy infrastructure, grid flexibility and back-up power technologies capable of supporting the fast-growing electricity needs of modern computing infrastructure.This shift reflects a broader reassessment of priorities within climate tech investing. The data indicates that investors are moving away from traditional decarbonisation-centric categories like industrial emissions reduction which experienced a nearly 25% decline in funding last year toward energy and built environment solutions that can scale to meet unprecedented power demands.The energy sector alone saw a 31% funding increase, while the built environment category particularly data centre infrastructure projects recorded a 23% rise in investment.Experts point to the rapid deployment of AI and expansion of data centres as key drivers behind this reallocation of capital.With energy systems and climate tech now deeply interconnected, powering AI workloads has emerged as a defining challenge for venture investors looking to support sustainable growth. According to Sightline Climate’s co-founder, the focus in 2026 is expected to be on scaling solutions that provide clean, reliable energy supply and grid resilience to match the pace of AI-driven demand.While investment in some traditional climate technology segments has softened, the resurgence in climate venture funding particularly in energy-focused innovations highlights an evolving strategy among investors who are prioritising systemic energy solutions capable of meeting both climate goals and the demands of rapidly evolving digital infrastructure.#ClimateTech, #VentureCapital, #ClimateInvestment, #AIEnergyDemand, #CleanEnergy, #DataCenters, #EnergyInfrastructure, #GridTech, #SustainableInnovation, #ClimateFunding, #TechInvestment, #VCTrends, #EnergyTransition, #ClimateTech2025, #EmergingTech
a day ago|by Team S
Daisy Genomics, a precision medicine startup based in Albuquerque, New Mexico, has raised $2.5 million in a growth-stage funding round to accelerate the development and deployment of its AI-enabled genetic analysis platform.The company’s technology combines advanced genomics, machine learning and clinical-grade reporting to help individuals and healthcare providers gain deeper insights into genetic data for personalised treatment decisions, wellness planning and disease prevention. This latest infusion of capital underscores investor confidence in the role of data-driven precision medicine tools to transform healthcare outcomes and patient care pathways.The $2.5 million funding round was led by Blue Venture Fund, with substantial participation from Alpenglow Health, Hawkeye Partners, Camino Capital, Riverside Healthcare Investments, and strategic angel investors who bring expertise in biotechnology, data science and clinical innovation. Proceeds from the round will be used to enhance the company’s AI and analytics capabilities, expand clinical partnerships with major health systems, and accelerate go-to-market efforts aimed at both direct-to-consumer and provider-facing channels.Daisy Genomics says it plans to scale operations and broaden its suite of precision health reports enabling more actionable insights across pharmacogenomics, disease risk stratification and lifestyle optimisation.Founded by CEO Melissa Crounse and CTO Mark Adams, Daisy Genomics develops software and analytic tools that turn raw genetic information into clear, clinically relevant interpretations for personalised health approaches.The company has built a modular platform that integrates genomic data with environmental and lifestyle factors empowering clinicians and consumers with evidence-based insights that can influence screening strategies, therapeutic choices and preventive care plans.With the new funding, Daisy Genomics aims to boost research collaborations, enhance regulatory compliance infrastructure and deliver more granular, AI-augmented predictive models that support precision medicine at scale.The raise is part of a broader trend in the healthcare innovation ecosystem where startups at the intersection of genomics, AI and clinical decision support are attracting capital as precision medicine becomes central to next-generation healthcare delivery.#DaisyGenomics, #PrecisionMedicine, #Genomics, #AIinHealthcare, #HealthTech, #GeneticInsights, #PersonalisedHealth, #BiotechInvestment, #HealthcareInnovation, #StartupFunding, #BlueVentureFund, #DigitalHealth, #ClinicalAI, #GeneticAnalytics
2 days ago|by Team S
Chennai-based payment infrastructure startup Mylapay has secured $1 million in fresh funding as part of an ongoing round ahead of its planned Series A raise, underscoring strong investor belief in the company’s compliance-first payment processing stack and global expansion strategy. The capital comes as Mylapay expands adoption of its unified acquiring platform that allows banks and payment institutions to manage end-to-end card and UPI acquiring through a single integration a modular solution designed for scalability, regulatory confidence and real-world performance. The $1 M funding round saw continued participation from existing backers CDM Capital and Credit Saison, alongside a new investment from GrowthCap Ventures, led by Pratekk Agarwaal, and a group of strategic angel investors, collectively backing Mylapay’s mission to strengthen its product suite and accelerate market presence. The proceeds will be used to enhance Mylapay’s core payment infrastructure, deepen integrations with banks and payment aggregators, broaden compliance features, and support expansion into markets including the Middle East, Africa and the United States as the company prepares for its next growth phase. Founded in 2019 by Mohanraj Ravi (Founder & CEO), Mylapay builds backend payment processing systems that cover critical operations such as 3DS authorisation, switching, clearing and settlement, reconciliation and chargebacks, and its stack is certified by major card networks including Visa, Mastercard and RuPay enabling high-throughput, enterprise-grade payment workflows. The firm’s unified platform is engineered to handle more than 5,000 transactions per second, positioning the company as a modern alternative to legacy “black-box” payment acquirers and responding to rising demand from regulated financial institutions for configurable, transparent, and scalable infrastructure. #Mylapay #Fintech #PaymentInfrastructure #AcquiringPlatform #SeriesAPrep #StartupFunding #DigitalPayments #ComplianceFirst #GlobalExpansion #BankTech #UPIPayments #CardPayments #FinancialInfrastructure #IndiaStartups
2 days ago|by Team S
Israeli cybersecurity startup Koi is reportedly in advanced negotiations to be acquired by Palo Alto Networks, the global enterprise security giant, in a deal estimated at $400 million a move that could highlight the strength and strategic value of Israel’s tech innovations in the global cybersecurity market. Founded in 2024 by veterans of elite Israeli cyber units, Koi has developed a powerful AI-driven endpoint protection and software risk platform that has rapidly gained traction among enterprise customers worldwide. A successful acquisition would mark a high-profile exit for the young company and a win for its investors and founders as demand for integrated, intelligent security solutions continues to surge amid rising cyber threats. Founded by Amit Assaraf (CEO), Idan Dardikman (CTO) and Itay Kruk (CPO) each with deep backgrounds in cybersecurity and infrastructure protection Koi’s platform delivers proactive protection and risk analysis that goes beyond traditional antivirus or firewall systems. The technology combines software inventory management, real-time risk analysis and automatic policy enforcement with a proprietary AI component that classifies software components, tests them in isolated environments, and identifies risky code before it reaches enterprise endpoints. This proactive approach has made Koi’s solution appealing to global customers seeking defences against increasingly sophisticated attacks targeting supply chains and software ecosystems. The potential deal reflects ongoing consolidation in cybersecurity, where major incumbents like Palo Alto Networks have been actively acquiring innovative startups to fortify their product suites and accelerate capabilities around AI-augmented security, threat detection and endpoint resilience. Palo Alto Networks’ acquisition strategy has included some of the industry’s largest deals and reflects continued investor confidence in technologies that can protect organisations from evolving digital threats. If finalised, the acquisition of Koi would represent an impactful milestone for both Israeli tech and the broader cybersecurity ecosystem. | #Koi #PaloAltoNetworks #Cybersecurity #TechExit #AIinSecurity #EnterpriseSecurity #StartupAcquisition #CyberTech #TechInvestment #IsraeliTech #SecurityInnovation #EndpointProtection #AIPlatform
2 days ago|by Team S
NanoXplore, a French fabless semiconductor company, has raised €20 million in a strategic funding round aimed at accelerating its expansion into defence electronics and reinforcing European electronic sovereignty by developing security-focused components and supporting targeted external growth across the continent. The investment underscores Europe’s increasing emphasis on building homegrown capabilities in critical microelectronics and reducing reliance on non-European technologies in sectors such as defence, space and high-reliability systems. The €20M funding round was backed by MBDA, a leading European defence company, and the Defence Innovation Fund a sovereign investment vehicle managed by Bpifrance aligning industrial expertise with strategic public-sector support. MBDA brings deep insight into the operational needs of European armed forces, while Bpifrance’s involvement reflects its mandate to strengthen the French and EU defence industrial base. The capital will be deployed to develop next-generation secured FPGAs and ultra-low-power chips tailored for land, air and naval defence systems, as well as to pursue strategic acquisitions of complementary expertise and companies across Europe, broadening NanoXplore’s product portfolio and industrial footprint. Founded in 2013 and led by CEO Édouard Lepape, NanoXplore designs and supplies radiation-hardened FPGAs (Field-Programmable Gate Arrays) programmable integrated circuits capable of operating in extreme environments such as space and defence applications. The company also recently introduced NG-ULTRA, a state-of-the-art rad-hard SoC FPGA, and champions a 100% European supply chain that keeps its products “ITAR-free” meaning they are not subject to U.S. defence export regulations. NanoXplore’s circuits are already embedded in major European space programmes such as Galileo and Copernicus, providing a sovereign alternative to non-European components. With this fresh funding, NanoXplore aims to accelerate its diversification from space into defence, enhancing product development capabilities and reinforcing Europe’s strategic independence in high-tech microelectronics a priority increasingly highlighted in the context of geopolitical technology competition. The company’s growth plans also include targeted acquisitions that deepen its technological expertise and strengthen Europe’s supply chains for critical electronic components. #NanoXplore, #EuropeanTechSovereignty, #DefenceTech, #ChipDesign, #Microelectronics, #FPGA, #StrategicFunding, #MBDA, #Bpifrance, #DefenseInnovation, #EuropeanStartups, #TechInvestment, #Innovation, #TechIndependence, #SecurityChips, #SpaceTech
2 days ago|by Team S
Even Healthcare, a Bengaluru-based integrated healthcare startup, has secured $20 million in a fresh funding round as it accelerates the expansion of its managed-care hospital network and strengthens its patient-centric care model in India. The capital part of a broader growth strategy that brings the company’s total funding to approximately $70 million underscores investor confidence in Even’s innovative approach to blending preventive care, diagnostics and hospitalisation services under a continuity-focused care framework rather than the traditional fee-for-service model.Founded in 2020, Even reported that its first hospital in Bengaluru reached operating break-even within six months of opening, highlighting early commercial traction for its integrated care strategy. The $20M funding round was led by existing backers Lachy Groom and Alpha Wave Global, with strong participation from Sharrp Ventures. Even Healthcare will use the proceeds to expand its hospital footprint in Bengaluru, deepen its managed-care offerings, strengthen clinical outcomes, and enhance patient experiences through technology integration and care continuity mechanisms. The recent capital infusion comes amid broader healthcare demand in India, where startups are increasingly attracting capital to address gaps in access, preventive care and affordable services. Even Healthcare operates on a subscription-based membership model that integrates primary care, diagnostics, specialist consultations and hospital services - aiming to reduce unnecessary admissions, improve recovery outcomes and optimise healthcare costs. #EvenHealthcare, #HealthcareInnovation, #ManagedCare, #HospitalExpansion, #StartupFunding, #HealthcareStartup, #BengaluruTech, #MedicalCareModel, #HealthTech, #PatientCentricCare,
4 days ago|by Team S
Tala Health, a San Francisco-based AI-driven healthcare technology company, has raised a $100 million seed funding round at a $1.2 billion valuation, marking its entry into the unicorn club as it builds an integrated platform that blends artificial intelligence with clinical expertise to enhance patient care and streamline healthcare delivery. The round was led by Sofreh Capital and underscores growing investor confidence in AI technologies that can support the entire patient journey from early symptom assessment to clinician referrals and ongoing follow-up care with the goal of making care more accessible, proactive and efficient. Tala Health was launched by Titan Holdings, a San Francisco incubator known for building AI-native companies targeting industries ripe for transformation, including healthcare. Its platform equips clinicians with 24/7 AI-driven tools that patients can access virtually for symptom checking, care navigation and specialist referrals reducing wait times, improving resource utilisation and enhancing treatment outcomes. Unlike many competitors that specialise in narrow diagnostic tasks, Tala Health offers a vertically integrated solution that spans the full care continuum, elevating both patient experience and clinical effectiveness. The fresh $100 M capital will be used to expand Tala Health’s AI and clinical teams, accelerate product development, and broaden partnerships with leading healthcare providers across the United States, enabling deeper integration of its platform into clinical workflows and broader market adoption. By combining advanced AI with licensed clinical oversight, Tala Health aims to redefine the standard for scalable, data-driven healthcare delivery a trend reflected in broader funding flows into AI health technology. The raise positions Tala Health as a key player in the digital health ecosystem and signals investor belief in AI’s ability to meaningfully improve care coordination, patient access and care outcomes especially in a market where provider shortages and rising costs have accelerated the need for AI-augmented care models. #TalaHealth, #AIinHealthcare, #HealthTech, #SeedFunding, #UnicornStartup, #DigitalHealth, #HealthcareInnovation, #SofrehCapital, #AIPlatform, #PatientCare, #MedTech, #ClinicalAI, #StartupFunding, #HealthTechInvesting, #AIinMed
4 days ago|by Team S
Kayess Square, an India-based consulting and technology services startup, has secured Rs 10 crore in a Pre-Series A funding round to accelerate its growth in strategic consulting, digital transformation and tech-driven enterprise solutions. The round was led by Angel Investors, reflecting confidence in the company’s business model focused on helping organisations navigate emerging technologies, optimise operations and unlock new opportunities across sectors including fintech, healthcare, retail and logistics. The fresh capital will be used to expand Kayess Square’s service portfolio, deepen its technology capabilities and scale delivery teams, enabling the startup to cater to a broader client base in India and explore opportunities in international markets.Founded with a vision to bridge strategic consulting and tech implementation, Kayess Square combines industry expertise with data-driven insights to help clients accelerate digital adoption, streamline processes and improve business outcomes. The team’s approach integrates analytics, automation and platform-agnostic solutions tailored to each client’s needs, positioning the startup as a trusted partner for enterprises navigating a rapidly evolving technology landscape. With this funding, Kayess Square plans to strengthen its productised offerings, grow its consulting talent pool, and build strategic alliances with technology partners to deliver high-impact transformation initiatives.The infusion of capital comes at a time when Indian enterprises are increasingly prioritising digital innovation, operational resilience and customer experience improvements trends that have amplified demand for specialised consulting services that combine strategic thinking with hands-on technology execution. #KayessSquare #PreSeriesA #StartupFunding #ConsultingStartup #DigitalTransformation #TechConsulting #BusinessSolutions #Innovation #IndianStartups #AngelInvestors #TechEcosystem #GrowthFunding #EnterpriseTech #StrategyAndTech #EmergingTech #OperationalExcellence #MarketExpansion
4 days ago|by Team S
French pharmaceutical group Servier has launched Servier Ventures, a new strategic corporate venture capital fund aimed at accelerating innovation in biotech and therapeutic technologies, with an initial commitment of €200 million to invest primarily in European startups shaping the future of oncology and neurology. The fund marks a significant expansion of Servier’s long-term innovation strategy, reinforcing its role not only as a global drug developer but also as an early-stage supporter of breakthrough science and technology companies advancing treatments for diseases with high unmet medical needs. Servier Ventures will operate as a wholly-owned subsidiary of the Servier Group and will make minority equity investments in biotechs and tech-enabled life sciences companies, particularly those developing transformative therapeutic modalities, next-generation platforms, and breakthrough drug discovery tools. The fund is designed to complement Servier’s internal R&D efforts which already include broad scientific collaborations by supporting external innovation that can accelerate the development of new medicines and improve patient outcomes. Initially focused on oncology and neurology, the fund could expand into additional therapeutic areas and geographies over time as opportunities evolve. At the helm of this new initiative is Alexis Vandier, who has been named Global Head of Servier Ventures and will lead the fund’s investment strategy, portfolio development and external partnerships. Under his leadership, the team will work closely with founders and scientists to scale early-stage companies and integrate knowledge from Servier’s global research, regulatory and commercial infrastructure, driving deeper engagement between corporate resources and entrepreneurial innovation. The fund’s creation aligns with Servier’s overarching goal of championing scientific breakthroughs while enhancing its competitive edge in global healthcare innovation. Servier, governed by a non-profit foundation, has a long history of focusing on therapeutic progress and sustained investment in R&D, including collaborative ventures and open innovation initiatives. With the launch of Servier Ventures, the company is strategically positioning itself as a venture investor of choice for emerging biotech and therapeutic startups, bridging the gap between scientific discovery and clinical impact. #ServierVentures, #CorporateVC, #BiotechInvestment, #VentureCapital, #OncologyInnovation, #NeurologyR&D, #LifeSciences, #StartupFunding, #HealthcareInnovation, #EuropeanStartups, #TherapeuticsTech, #EarlyStageVC, #AIinBiotech
4 days ago|by Team S
Lux Capital, a 25-year-old venture capital firm known for backing breakthrough science and deep technology companies, has successfully closed its largest fund ever a $1.5 billion ninth vehicle, extending the firm’s leadership in fueling frontier innovation and long-horizon tech breakthroughs. The oversubscribed fund comes at a time when U.S. venture fundraising overall is at a decade low, underscoring strong limited partner confidence in Lux Capital’s strategy of investing in startups pushing the boundaries of science, defence, AI and computational technologies. The new $1.5B fund, dubbed Lux Ventures IX, significantly increases the firm’s firepower bringing its assets under management to roughly $7 billion and will be deployed across early-stage and capital-intensive opportunities in areas such as frontier science, national security, aerospace, robotics, energy and life sciences. Lux writes checks ranging from $100,000 to $100 million, giving flexibility to support startups from their research and prototyping phases all the way through scaling. Lux Capital has developed a reputation for early conviction bets on transformative sectors long before they became mainstream. The firm was a seed investor in defence tech leader Anduril Industries, now valued at over $30 billion, and in Applied Intuition, an autonomous systems software company with close ties to Pentagon programmes. In AI, Lux backed Hugging Face, Runway AI and MosaicML, the latter acquired by Databricks for $1.3 billion, well before generative AI became a dominant industry force. Its portfolio also includes exits such as Recursion Pharmaceuticals, which went public, and Auris Health, a surgical robotics pioneer acquired by Johnson & Johnson for up to $6 billion. The successful raise reflects a broader trend of capital flowing toward mission-critical technologies that intersect physical systems, advanced computation and long development cycles areas where scientific depth and strategic relevance outweigh short-term software plays. Leaders at Lux have said that investor demand for this fund exceeded capacity, with some limited partners having to be turned away, illustrating robust belief in Lux’s differentiated thesis and execution track record. As global innovation landscapes evolve and geopolitical considerations reshape where capital is allocated, Lux Capital’s record fund positions it to continue backing the next generation of category-defining ventures that could shape industries from defence and aerospace to AI, life sciences and beyond. #LuxCapital #VentureCapital #FrontierTech #DeepTech #SeriesFundraise #AIInvestment #DefenseTech #ScienceInnovation #StartupFunding #TechVC #InnovationEconomy #BreakthroughScience #CapitalRaise #TechStartups #GlobalInvesting
4 days ago|by Team S
Saudi Arabia has taken a significant step toward strengthening its artificial intelligence ecosystem with the launch of a new AI-focused venture fund, formed through a strategic partnership between Red Sea Global and Bunat Ventures. The initiative is designed to support innovative startups building or leveraging AI technologies, while also positioning the Kingdom as a regional and global hub for advanced digital solutions. By combining large-scale real-world environments with venture capital expertise, the fund aims to bridge the gap between emerging technologies and commercial deployment.A key focus of the initiative is to back around 25 early- and growth-stage AI startups over the next three years, offering not only financial support but also access to testing, piloting and scaling opportunities within Red Sea Global’s large tourism and infrastructure developments. These include luxury regenerative tourism destinations, operational assets and smart infrastructure projects, giving startups a rare chance to validate AI solutions in live environments.The AI venture fund has been launched as a joint initiative between Red Sea Global and Bunat Ventures, with both organizations acting as strategic backers and ecosystem partners. The fund will invest in startups across sectors such as smart infrastructure, sustainability, digital services, automation and data-driven platforms, with a strong emphasis on long-term value creation and innovation aligned with Saudi Arabia’s national development goals.Leadership from both organizations highlighted that the fund is intended to empower founders, attract global talent and support the commercialization of AI solutions that can scale beyond Saudi Arabia. The initiative also aligns closely with the Kingdom’s broader push under Vision 2030, which prioritizes economic diversification, technology leadership and the growth of non-oil sectors.As global competition for AI leadership intensifies, this move underscores Saudi Arabia’s ambition to become not just a consumer of advanced technologies, but a creator and exporter of AI-driven innovation, supported by capital, infrastructure and strategic partnerships.
4 days ago|by Team S
Looki, a next-generation AI hardware startup developing wearable multimodal AI devices, has successfully closed a Series A funding round exceeding $20 million, led by Ant Group’s strategic investment arm with active participation from Meituan Dragon Pearl, Walden International, Zhongguancun Capital and continued follow-on backing from key investors including BAI Capital. The fresh capital will be deployed to expand the company’s engineering and product teams, enhance model iteration and R&D efforts, and strengthen supply-chain integration, supporting Looki’s ambitions as it builds out AI-native hardware and advanced user interaction experiences. Founded in May 2024 by Sun Yang and Liu Bocong, both Carnegie Mellon University alumni and industry veterans with experience at companies such as Google, Meituan and Pony.ai, Looki has rapidly emerged as a leader in the multimodal AI hardware space. Its flagship product, Looki L1, is a wearable multimodal device designed to capture audio and visual context throughout daily life and transform that data into curated summaries, life highlights, comics and more earning it the moniker of a “life replay device.” The international version launched in August 2025 and quickly sold out, with the domestic version debuting in December and global cumulative sales approaching 10,000 units, accompanied by strong user engagement averaging nearly 8 hours of daily usage. With its Series A backing, Looki is also preparing to unveil “proactive AI” features at CES 2026, moving beyond reactive responses to enable context-aware intelligence that anticipates user needs such as suggesting health reminders, handling frequent note-taking during events, or offering personalised insights based on real-time situational awareness. This strategic focus underscores the company’s aim to redefine how AI hardware interacts with users, evolving toward a more seamless, human-centered experience. As interest in AI-centric hardware solutions grows globally and leading tech investors deepen their commitments, Looki’s latest funding round highlights robust capital confidence in technologies that blend advanced AI capabilities with everyday human experiences. #Looki #AIHardware #SeriesAFunding #AntGroup #MeituanDragonPearl #WearableAI #MultimodalAI #TechStartups #StartupFunding #ProductInnovation #HumanCenteredAI #CES2026 #GlobalExpansion
5 days ago|by Team S
SuperCircle, a New York City-based AI-driven textile waste management startup, has raised $24 million in a Series A funding round to bolster its mission to transform end-of-life garments, footwear and accessories into sustainable revenue streams while helping brands meet tightening regulatory requirements around waste and circularity. The platform uses a proprietary AI sortation system that analyses more than 50 garment-level data points to determine the most sustainable and profitable next life for each item whether that’s resale, fiber-to-fiber recycling, component recovery or industrial feedstock enabling brands to turn what was once a costly disposal process into a traceable, data-driven circular solution. The $24M Series A round was led by Foundry, with participation from BBG Ventures, Renewal Fund and Elemental Impact, reflecting strong investor confidence in SuperCircle’s technology, growing brand partnerships and market-wide relevance amid escalating Extended Producer Responsibility (EPR) regulations. SuperCircle’s platform is already used by over 75 brand partners including partners across apparel, footwear and home textiles to power trade-in, take-back and recycling programs while providing full lifecycle visibility, traceability and compliance reporting. The new capital will accelerate expansion of the company’s AI tooling, supply-chain integrations, processing and reverse-logistics footprint, and enhance infrastructure to onboard enterprise retail customers more rapidly. Founded by Chloe Songer and Stuart Ahlum, SuperCircle has built a full-stack operating system that helps retailers and fashion brands divert textiles that historically end up in landfills or incinerators addressing a global challenge where billions of dollars of unsold or returned inventory are discarded annually and more than 85 % of textiles are wasted. By providing retail partners with actionable data insights and automated sortation decisions, the platform not only supports sustainability goals but also unlocks new revenue opportunities from previously low-value assets. The company has already diverted millions of items from landfill and aims to scale its impact toward diverting over 1 billion textiles by 2030. #SuperCircle #SeriesAFunding #AIinSustainability #TextileWaste #CircularEconomy #RetailTech #ExtendedProducerResponsibility #WasteManagement #RecyclingTech #AIPlatform #RetailInnovation #Sustainability #FashionTech #ReverseLogistics #DataDriven
6 days ago|by Team S
Moroccan retail-tech and fintech startup Woliz has successfully raised $2.2 million in a pre-seed funding round led by Sanlam Maroc, marking a significant milestone for digital transformation in the North African retail sector. The investment represents Sanlam Maroc’s first long-term private equity commitment to a local tech startup, signalling growing confidence in solutions tailored to emerging market opportunities and the informal economy. Woliz’s platform is designed to modernise neighbourhood retail - particularly the hanout ecosystem (small, family-run shops) by offering digital tools to manage inventory, accept digital payments, access supplier networks and connect with financial services partners.Founded by Kamal El Hardouzi, Woliz aims to bring structure and efficiency to a sector that remains predominantly offline despite its economic importance across Moroccan cities and towns. Traditional neighborhood retailers face challenges including manual operations, limited access to working capital, inefficiencies in stock management and fragmented supplier relationships. Woliz’s all-in-one solution addresses these pain points by digitising key business processes, providing shop owners with real-time sales and inventory data, automated invoicing capabilities and seamless payment acceptance that help reduce manual errors and improve financial visibility.The $2.2M pre-seed round was led by Sanlam Maroc, with continued support from angel investors actively engaged in Africa’s fintech and retail-tech ecosystems. The funding will be used to accelerate product development, expand Woliz’s merchant onboarding efforts across Moroccan urban and peri-urban markets, and deepen integrations with payment platforms, logistics providers and lenders to unlock credit flows for small merchants. The company is also developing advanced analytics features that can help retailers optimise pricing, forecast demand and make data-driven decisions to improve profitability.CEO Kamal El Hardouzi emphasised Woliz’s mission to empower local retailers with tools typically available only to larger enterprises, thereby democratising access to technology and creating pathways for inclusion in the digital economy. With this capital, Woliz plans to scale rapidly within Morocco and lay the groundwork for future expansion into other African markets that share similar retail structures and digitisation needs.As neighbourhood retail evolves, Woliz positions itself at the intersection of tech innovation, financial inclusion and small business growth, seeking to transform informal commerce into a data-driven, digitally enabled sector capable of greater resilience and participation in broader economic growth. #Woliz #RetailTech #Fintech #PreSeedFunding #NeighborhoodRetail #DigitalTransformation #SmallBusinessTech #MoroccoStartups #FinancialInclusion #TechForGood #StartupFunding #MarketAccess #SupplyChainTech #AfricaTech #SMEInnovation #DigitalCommerce
6 days ago|by Team S
Arya.ag, India’s leading integrated grain commerce and agritech platform, has raised Rs 725 crore (approximately USD 80 million) in a Series D funding round led by GEF Capital Partners, marking one of the largest investments in the Indian agritech ecosystem to date. The fresh capital will fuel the company’s mission to build climate-smart agricultural solutions, strengthen farmer-centric services and expand its technology-driven supply chain infrastructure across key agricultural regions in India.The funding will be used to further scale Arya.ag’s end-to-end grain commerce infrastructure, including its temperature-controlled storage network, farmgate services, market access solutions and instant financing products tailored for smallholder and marginal farmers. With rising demand for efficient post-harvest management and fair pricing mechanisms, Arya.ag aims to reduce waste, improve price discovery and enable better income outcomes for farmers by integrating data analytics, risk-management tools and real-time market insights into its platform. The capital infusion also supports technology enhancements, broader geographic expansion and strategic partnerships with agri-business stakeholders, cooperatives and financial institutions to fortify the ecosystem.Founded with the vision to transform traditional agricultural value chains, Arya.ag has increasingly focused on climate-resilient agriculture, combining digital marketplace capabilities with on-ground infrastructure and services that help farmers mitigate climate risks, access working capital and tap into new markets. With GEF Capital Partners leading this round, the investment highlights strong investor confidence in Arya.ag’s model and its potential to modernise India’s agricultural landscape through technology, sustainability and inclusive growth initiatives. #Aryaag #SeriesDFunding #Agritech #ClimateSmartAgriculture #GrainCommerce #FarmTech #StartupFunding #GEFCapitalPartners #FarmerEconomy #AgriInnovation #SupplyChainTech #MarketLinkages #TechForFarmers #IndiaStartups #AgriInfrastructure #SustainableFarming
6 days ago|by Team S
Pragmatech, an Oviedo-based Spanish healthtech startup focused on AI solutions for pharmacology, microbiology and infectious diseases, has raised €650,000 in fresh funding to accelerate the commercial rollout of its CE-marked AI antibiotic prescribing software, iAST® - the first AI-powered clinical decision support tool for antibiotic prescription to receive CE certification. The company, founded in 2021, says iAST® has been clinically proven to reduce antibiotic prescribing errors and recommend treatments with lower resistance potential, addressing the growing global challenge of antimicrobial resistance while improving patient outcomes and healthcare system sustainability. The €650K funding round was led by First Drop VC, which contributed €300,000, with participation from Urriellu Ventures investing €175,000. The round also includes a €180,000 loan from ENISA (Empresa Nacional de Innovación) and the conversion of €162,500 in convertible notes from a previous round into equity a mix of private and public backing that strengthens Pragmatech’s runway for commercial deployment. The capital will be used to roll out iAST® across hospitals and healthcare providers throughout Europe, refine product features and support broader adoption by clinicians seeking reliable AI decision support tools. Pragmatech operates a B2B model targeting hospitals and healthcare systems, leveraging artificial intelligence to analyse clinical and microbiological data in real time to optimise antibiotic selection. Co-CEO Javier Fernández emphasised that this funding enables Pragmatech to bring its technology to the clinicians and institutions that need it most, while co-CEO and CTO Pablo Valledor highlighted the importance of continuing product development to ensure that AI enhances clinical decision-making safely and effectively. #Pragmatech #HealthTech #AIinHealthcare #AntibioticResistance #ClinicalAI #CECertification #StartupFunding #MedTech #DigitalHealth #B2BHealthTech #Innovation #HealthcareAI #EUStartups #ClinicalDecisionSupport
6 days ago|by Team S
GameByte, an AI-powered game creation startup, has raised $1 million in a pre-seed funding round at a $10 million valuation, marking a significant step forward in its mission to simplify and democratise game development. Founded in January 2025 by Can Erdoğan, Oğuz Sandıkçı and Fırat Gürsu, the Turkey-based company is building a platform that allows developers, studios and creators to generate fully playable games and interactive ad experiences directly from text prompts, removing the need for traditional coding-heavy workflows. By dramatically reducing development time and cost, GameByte aims to empower both indie creators and established studios to experiment, iterate and launch faster in an increasingly competitive gaming market.The pre-seed funding round was led by Webrazzi GSYF, the venture capital arm of Webrazzi, a well-known technology and startup ecosystem builder. The investment reflects strong confidence in GameByte’s vision of AI-native game production and its potential to reshape how games are designed, prototyped and distributed. The capital will be used to strengthen the company’s engineering team, enhance core AI models, and expand the platform’s capabilities across multiple game genres while preparing for international market expansion.GameByte’s technology focuses on making game creation as intuitive as writing a sentence. Using generative AI, the platform can transform text inputs into game mechanics, environments, characters and playable logic, enabling rapid prototyping and faster go-to-market cycles. Beyond traditional games, the startup is also targeting interactive advertising and playable ads, opening new monetisation and engagement opportunities for brands and publishers. In the longer term, GameByte plans to support release-ready games and live-ops features, allowing creators to generate new levels, events and updates through AI-driven workflows.With this funding, GameByte is positioning itself at the intersection of AI, gaming and creator economy tools, addressing a growing demand for scalable, no-code and low-code solutions in interactive entertainment. As generative AI adoption accelerates across creative industries, GameByte aims to become a foundational platform enabling the next wave of game innovation worldwide. #GameByte #AIinGaming #GenerativeAI #GamingTech #StartupFunding #PreSeedFunding #CreatorEconomy #GameDev #NoCode #InteractiveAds #GameCreation #TechStartups #Innovation #GlobalExpansion
6 days ago|by Team S
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