Funding News & Updates
Your central hub for AI news and updates on Funding. We're tracking the latest articles, discussions, tools, and videos from the last 7 days.
Sumble emerges from stealth with $38.5M to bring AI-powered context to sales intelligence
The founders of machine learning community Kaggle are trying to upend the crowded sales prospecting market with AI. And they're making headway....
Fyra's Brief
Why it matters:
Sumble's emergence with $38.5 million in funding is a significant milestone in the AI-driven sales platform space, highlighting the need for contextual information in sales teams.
Serval raises $47 million to bring AI agents to IT service management
Serval is using agentic AI models to automate IT service management, but the company has a unique approach that takes advantage of agentic AI’s powers...
Fyra's Brief
Tensormesh raises $4.5M to squeeze more inference out of AI server loads
Tensormesh uses an expanded form of KV Caching to make inference loads as much as ten times more efficient....
Fyra's Brief
Why it matters:
Tensormesh's commercialization of LMCache has the potential to make a significant impact on the AI inference optimization space, but its success will depend on the product's ability to address the technical complexities of companies attempting to implement similar solutions on their own.
Wonder Studios, backed by OpenAI, DeepMind execs, raised $12M to bring AI content to Hollywood
Wonder will use the fresh funds to double its engineering team and accelerate its push into IP ownership and original content production....
Fyra's Brief
Why it matters:
This funding round suggests that AI-generated content in entertainment is gaining traction, but raises concerns about IP ownership and authorship.
OpenEvidence, the ChatGPT for clinicians, has raised $200M on a $6B valuation – and recently moved to Miami - Refresh Miami
OpenEvidence, the ChatGPT for clinicians, has raised $200M on a $6B valuation – and recently moved to Miami Refresh Miami...
Fyra's Brief
Why it matters:
OpenEvidence's significant funding and move to Miami highlight the growing importance of AI in healthcare and the potential for innovation in the sector.
Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation
Fal.ai announced its previous round at a $1.5 billion valuation in July....
Fyra's Brief
European AI rising star Nexos.ai raises $30M to unlock enterprise AI adoption
Nord Security co-founders have closed a €30 million Series A for their new startup, Nexos.ai, an orchestration platform aimed at helping companies ado...
Fyra's Brief
Top OpenAI, Google Brain researchers set off a $300M VC frenzy for their startup Periodic Labs
When Liam Fedus announced he was quitting OpenAI, VCs swarmed. One even wrote a love letter. Here's how Felicis' Peter Deng won the deal....
Fyra's Brief
OpenEvidence, the ChatGPT for doctors, raises $200M at $6B valuation
Trained on medical journals from JAMA and the New England Journal of Medicine, the platform helps users quickly get answers to existing medical knowle...
Related:
OpenEvidence Raises $200 Million for a ChatGPT for Medicine - The New York Times
Scale AI alum raises $9M for AI serving critical industries in MENA
Bilal Abu-Ghazaleh had just moved to London few days before our call, splitting his time between there and Dubai. After nearly a decade in the U.S., i...
Fyra's Brief
The Week’s 10 Biggest Funding Rounds: More AI Megarounds (Plus Some Other Stuff)
In another active week for large startup financings, an AI data center developer reported $1.4 billion in fresh financing, and several other megaround...
Fyra's Brief
Why it matters:
The Week's 10 Biggest Funding Rounds highlight AI-focused startups raising significant funding, but the long-term impact on the market remains uncertain.
Redwood Materials raises another $350M to power up its energy storage business
The round was led by Eclipse and saw participation from Nvidia's venture capital arm, NVentures....
Fyra's Brief
Why it matters:
This funding round highlights the growing demand for sustainable energy solutions, such as Redwood Materials' energy storage business, which is crucial for AI data centers and industrial sites.
Dell Technologies Capital On The Next Generation Of AI — And The Data Fueling It
We recently spoke with Dell Technologies Capital managing director Daniel Docter and partner Elana Lian about how the firm is backing startups tacklin...
Exclusive: Findem Lands $36M Series C To Supercharge AI-Powered Hiring
Findem is just one of more than a dozen startups at the intersection of AI and recruitment globally that has raised venture capital in 2025....
Fyra's Brief
YC alum Cercli, an AI-powered Rippling for MENA, raises oversubscribed $12M Series A
In a region long defined by fragmented enterprise systems, outdated compliance tools, and HR software that rarely talks to finance, Cercli is building...
Fyra's Brief
NVIDIA, AMD, Snowflake, Databricks Invest in Uniphore’s AI
Uniphore, the Business AI company, today announced the close of its $260 million Series F round. NVIDIA, AMD, Snowflake, and Databricks invested in th...
Fyra's Brief
Why it matters:
This investment cements Uniphore's position as a leader in enterprise AI infrastructure and will accelerate innovation in its Business AI Cloud platform.
We're initiating a position in a company that is a key player in the AI buildout - CNBC
We're initiating a position in a company that is a key player in the AI buildout CNBC...
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