Latest Startups & Entrepreneurship News
Airwallex Raises $330M Series G to Boost Global Fintech Presence
Airwallex, a global fintech for cross-border business banking, raised $330 million at an $8 billion valuation to expand aggressively in the US and enhance AI-driven products. The Melbourne-founded company facilitates payments and treasury management in over 200 countries and aims to double its American workforce.
Castelion Secures $350M Series B for U.S. Hypersonic Missile Infrastructure
Castelion raised $350 million in Series B funding to develop infrastructure supporting hypersonic missile systems in the United States, positioning itself as a key defense technology startup.
Phia Raises $30M for AI-Powered Agentic Shopping Platform
Phia, founded by Sophia Kianni and Phoebe Gates, secured $30 million in venture funding led by Notable Capital, Kleiner Perkins, and Khosla Ventures. The startup uses AI to enhance e-commerce shopping experiences and has now raised over $40 million total.
Opentrons Obtains $20.1M to Advance Robotic Automation in Life Sciences
Life sciences robotics firm Opentrons gained $20.1 million in funding for expanding its laboratory automation solutions. The company, founded in 2014, has raised a total of $260.2 million and supports research efficiency with robotic platforms.
Former Databricks AI Chiefs Launch Unconventional AI with $475M Seed
Unconventional AI, a startup aiming to redesign computing through AI, raised a $475 million seed round at a $4.5 billion valuation just two months after launching, highlighting rapid investor enthusiasm in AI innovation.
Emergent Receives Strategic Investment from Google’s AI Futures Fund
Emergent, a Bengaluru-based agentic vibe-coding platform, secured a strategic, undisclosed investment from Google's AI Futures Fund as part of its global expansion strategy in advanced AI technologies.
Promising European Fintech Startups Attract Significant Funding
Notable European fintechs such as Afori, Paid, Kiln, Midas, Creem, and Carmoola have raised funding rounds ranging from $8.8 million to over $40 million, focusing on AI agents, automated payment platforms, DeFi yield products, and global commerce infrastructure.
Scowtt Raises $12M Series A Led by Inspired Capital
Scowtt, a SaaS startup, announced a $12 million Series A funding round led by Inspired Capital to accelerate product development and market reach.
Medicovestor Secures $3.2M to Develop Antibody-Based Precision Medicine
Biotech startup Medicovestor raised $3.2 million to advance its antibody-focused precision medicine initiatives. The company is developing innovative therapeutics with support from a broad investor base.
Percapita Raises $15M to Serve Non-Traditional Earners with Digital Banking
Percapita, a fintech focusing on digital banking for gig and non-traditional workers, secured $15 million in funding to grow its money management platform, increasing financial inclusion for underserved earners.