Latest Startups & Entrepreneurship News
Corgi Raises $108M for AI-Native Insurance Platform Targeting Startups
US-based Insurtech Corgi secured $108 million following regulatory approval to launch as the first full-stack, AI-native insurance carrier for startups. The funding, backed by Y Combinator, Kindred Ventures, Contrary, and others, will expand coverage, distribution, and AI systems for underwriting and claims. This enables faster, adaptable insurance for fast-growing tech companies.
Torq Secures $140M Series D at $1.2B Valuation for AI Security Ops
Israeli cybersecurity startup Torq raised $140 million in a Series D round led by Merlin Ventures, with Insight Partners and Bessemer, bringing total funding to $332 million. The capital accelerates its AI-driven security operations platform and US market expansion. Torq aims to automate security workflows for enterprises.
Hupo Lands $10M Series A After Pivoting to AI Sales Coaching
Meta-backed Hupo, now focused on AI sales coaching for banks and insurers, raised $10 million Series A led by DST Global Partners, with total funding at $15 million. Serving clients like Prudential, AXA, and HSBC in APAC and Europe, it plans real-time coaching features and team scaling. The pivot from mental wellness drove rapid growth.
Rain Raises $250M for Stablecoin Infrastructure Platform
New York-based Rain, a stablecoin wallet and global transfer platform for enterprises, secured $250 million, pushing total funding to $332.5 million. Backed by Bessemer, Dragonfly, and ICONIQ, it offers unified APIs for neobanks. Founders aim to streamline cross-border payments.
Cambium Secures $100M for AI-Driven Defense Materials
El Segundo-based Cambium, specializing in advanced materials for defense and aerospace via AI designs, raised $100 million, totaling $127 million. Investors include 8VC, Lockheed Martin Ventures, and Alumni Ventures. The funding supports agile manufacturing expansion.
Vibrant Therapeutics Raises $61M Series B for Oncology Drugs
Guangzhou and Cambridge-based biotech Vibrant Therapeutics raised $61 million in Series B led by Pfizer Ventures and Apricot Capital, reaching $100 million total. The funding advances tumor microenvironment drugs. Investors include Bayland Capital and Northern Light Venture Capital.
AirNexis Therapeutics Launches with $200M Series A for COPD Treatments
AirNexis Therapeutics raised $200 million in Series A led by Frazier Life Sciences, with OrbiMed and Goldman Sachs, for COPD therapies. This debut funding supports early development of novel treatments. The round highlights investor interest in respiratory biotech.
Harmattan AI Secures $200M Series B from Dassault Aviation
Defense AI startup Harmattan AI raised $200 million in Series B led by Dassault Aviation with strategic investors. The funding accelerates AI applications in defense. It positions Harmattan for global scaling in autonomous systems.
Terra Emerges with $11.75M Seed for Autonomous Defense in Africa
Terra Industries raised $11.75 million seed led by 8VC, with Valor Equity and Lux Capital, to build autonomous defense systems in Africa. Total raised nears $12.5 million. The focus is on scalable, AI-powered security solutions.
Fervo Energy Closes $462M Oversubscribed Series E
Houston-based geothermal startup Fervo Energy raised $462 million in Series E led by B Capital. The funding supports energy infrastructure expansion amid 2026 startup momentum. It highlights clean tech investment trends.
Antler Singapore Boosts Founder Terms with Up to $400K Investment
Antler Singapore announced improved terms: up to $400,000 from inception with $150,000 initial ticket and a 6-week residency for global software founders. Aiming for category leaders, it has backed 1,600+ companies since 2018. The revamp prioritizes execution and traction.
Sukino Raises $31M Series B for Out-of-Hospital Healthcare
India's Sukino secured $31 million Series B led by Bessemer Venture Partners for expanding out-of-hospital care services. The funding supports growth in post-acute and chronic care. It reflects rising demand for accessible healthcare startups.