Latest Startups & Entrepreneurship News
Humans& Raises $480M in Seed Funding for Human-Centric AI
Humans&, an AI lab focused on people-centered applications, secured $480 million in seed funding from top investors. Founded in September 2025 by researchers from Google, Anthropic, xAI, OpenAI, and Meta, it emphasizes relationships and collaboration. This is one of the largest seed rounds ever, highlighting AI's continued dominance in venture capital.
Baseten Secures $300M at $5B Valuation for AI Infrastructure
AI infrastructure startup Baseten raised $300 million backed by IVP, CapitalG, and Nvidia, achieving a $5 billion valuation. The 7-year-old San Francisco company supports scalable AI deployments. This funding underscores investor confidence in AI compute infrastructure amid booming demand.
OpenEvidence Lands $250M Series D, Valuation Doubles to $12B
Medical AI platform OpenEvidence raised $250 million in Series D led by Thrive Capital and DST, doubling its valuation to $12 billion. The Miami-based startup aids doctors with AI tools and has fundraised four times in under a year. It marks rapid growth in healthcare AI applications.
Upscale AI Raises $200M Series A for AI Networking Infrastructure
Upscale AI secured $200 million in Series A led by Tiger Global, Premji Invest, and Xora Innovation, valuing it over $1 billion. Founded less than two years ago in Santa Clara, it develops scale-up interconnects for next-gen AI compute. Interconnects address key bottlenecks in large AI systems.
Accenture Acquires UCL AI Startup Faculty for $1B, First UK Unicorn of 2026
Accenture bought Faculty, co-founded by UCL graduates, in a $1 billion deal, making it the first UK tech unicorn of 2026. Around 400 staff join Accenture, with CEO Marc Warner becoming CTO. The acquisition accelerates Accenture's AI transformation strategy.
Capital One to Acquire Fintech Brex for $5.15B in Largest Bank-Fintech Deal
Capital One announced acquiring Brex for $5.15 billion in cash and stock, claimed as the largest bank-fintech deal. Brex, serving SMBs with corporate cards, remains independent under CEO Pedro Franceschi and grows 40% YoY. The deal boosts Capital One's SMB banking presence.
Inferact Launches with $150M for AI Inference at $800M Valuation
Inferact, built by open-source vLLM creators, raised $150 million led by Andreessen Horowitz and Lightspeed, valuing it at $800 million. It focuses on efficient LLM inference engines. This launch highlights momentum in AI optimization tools.