Latest Startups & Entrepreneurship News
Osmo Raises $70M Series B for AI-Powered Olfaction Tech
Digital scent design company Osmo secured $70M in Series B funding led by Two Sigma Ventures, bringing total funding to $130M. Founded in 2023 by Alex Wiltschko and Andy Palmer, the biotech startup develops AI olfaction technology. This round highlights investor interest in sensory AI innovations.
Daytona Secures $24M Series A for AI Code Execution Platform
Developer tools startup Daytona raised $24M in Series A led by Firstmark, totaling $38M raised since 2023 founding by Goran Draganic, Ivan Burazin, and Vedran Jukic. It provides secure sandboxes for AI-generated code execution. The funding supports scalable infrastructure for developers and AI systems.
Cerebras Systems Raises $1B at $23B Valuation
AI chipmaker Cerebras raised $1B in late-stage funding, reaching ~$23B valuation as alternatives to Nvidia gain traction. The round underscores demand for diversified AI compute hardware amid supply chain pressures. Investors see it as a key player in model training and inference.
Varaha Gets $20M Initial Tranche of $45M Series B
Climate tech startup Varaha raised $20M initial tranche of $45M Series B led by WestBridge Capital with RTP Global and Omnivore, totaling over $25M. Funded on Feb 5, it advances sustainable agriculture solutions. The investment supports scaling operations.
Cadastral Secures $9.5M for Proptech AI Agent
AI agent Cadastral raised $9.5M from Navitas, JLL Spark, AvalonBay, Equity Residential, and 1Sharpe for commercial real estate workflows. Founded in 2023 by Aman Dhesi and Abhinav Somani. Funding accelerates end-to-end automation from due diligence to contracts.
Orange Slice Emerges from Y Combinator with $5.3M Seed
Y Combinator-backed Orange Slice raised $5.3M Seed co-led by 1984 Ventures and Moxxie Ventures, with Paul Graham investing. Founded by Michigan grads Vihaar Nandigala and Kishan Sripada, it uses AI for sales prospecting spreadsheets. Funds will hire engineers amid early traction.