Latest Startups & Entrepreneurship News
Unconventional AI Raises $475M Seed Round at $4.5B Valuation
Neuromorphic computing startup Unconventional AI, founded by ex-Databricks AI chief Naveen Rao, secured $475 million in seed funding led by Andreessen Horowitz and Lightspeed Venture Partners. The round included investments from Jeff Bezos and Lux Capital, marking a massive early-stage raise for AI infrastructure innovation.
Duve Raises $60M Series B to Advance AI Hotel Guest Platform
Israeli startup Duve closed a $60 million Series B round led by Susquehanna Growth Equity to enhance its AI-driven guest management platform for hotels, bringing total funding to $85 million to improve hospitality automation and customer service.
Boom Supersonic Secures $300M Series B Funding
Boom Supersonic, focused on supersonic commercial air travel, raised $300 million in Series B funding led by Darsana Capital Partners including investors like Altimeter Capital and Y Combinator, nearing a $1 billion valuation aimed at scaling production and technology.
Angle Health Raises $134M for AI-Driven Healthcare Benefits Platform
San Francisco-based Angle Health raised $134 million led by Portage to modernize healthcare benefits with AI integration. This marks a significant investment in AI infrastructure for healthtech aiming to improve care delivery and cost transparency.
Parallel Learning Secures $20M Series B for Teletherapy Solutions
EDTECH startup Parallel Learning, which provides teletherapy for K-12 special education, raised $20 million in Series B funding led by Valspring Capital to expand access to digital special education services.
Bags AI-Governed Financial Platform Raises $2.75M Venture Round
Fintech startup Bags, offering AI-powered financial management for small businesses, raised $2.75 million in venture funding led by Ford Foundation to enhance financial services accessibility.
Emergent Labs Secures Strategic Investment from Google AI Futures Fund
Emergent Labs, focusing on AI-driven SaaS solutions, obtained undisclosed strategic funding led by Google AI Futures Fund with participation from Lightspeed and notable angels, advancing AI-powered business platforms.
Cambridge AI Startup Raises $14M to Scale Factory Inspection Technology
A Cambridge-based startup developing plug-and-play AI inspectors for factories raised $14 million to scale its technology, aiming to revolutionize quality control with AI-enabled visual inspection.
SanegeneBio Raises $110M in Series B for Biotech Expansion
China-based biotech SanegeneBio closed a $110 million Series B round from sovereign wealth funds and venture capitalists to scale drug development capabilities in Shanghai's Zhangjiang Hi-Tech Park.
Kabir Narang Departs B Capital to Launch New Investment Platform
B Capital founding partner Kabir Narang left to build a new investment platform, planning to maintain early-stage investments with personal stakes while expanding broader funding capabilities.