AI Funding
54 articles
London AI Startup Omnea Launches $250K Fund for Employee Entrepreneurs
Omnea created the Future Founders Fund with Firedrop to give five-year employees $250,000 seed funding and office space to launch their own companies openly.
Anthropic Files for IPO at $965 Billion Valuation After Series H
Anthropic filed to go public following a $65 billion Series H round that valued the AI safety lab at $965 billion, surpassing OpenAI's valuation.
Google backs Proxima Fusion in €411m Series C at €2.5bn valuation
Munich-based fusion energy startup Proxima Fusion raised €411m led by XTX Ventures and East X Ventures, with Google participating in its first European fusion investment.
IQM Quantum Computers debuts on Nasdaq as Europe's first public quantum firm
Finnish quantum computing company IQM raised $82.4 million in its Nasdaq IPO, becoming Europe's first publicly traded quantum firm with shares pricing at $12.
AegisAI raises $36M Series A to combat AI-driven spear phishing attacks
Former Google security executives launched AegisAI with AI agents that analyze email threats like humans, raising $36 million from Battery Ventures to fight increasingly sophisticated AI-powered phishing campaigns.
Etched raises $300M Series C at $10.3B valuation for AI inference chips
Harvard dropout-founded Etched closed a $300 million Series C at $10.3 billion valuation, doubling from $5 billion in December with custom AI inference chips.
ServiceNow invests $40 million in Indian banking AI firm BusinessNext at $700 million valuation
ServiceNow has invested $40 million in BusinessNext, valuing the Indian banking software specialist at $700 million as both companies expand their AI-powered financial services partnership globally.
Applied Computing raises $20M Series A for oil and gas AI foundation model
London-based Applied Computing secured $20 million Series A funding led by KBR to build Orbital, a foundation AI model for oil, gas and petrochemical operations.
Databricks raises $5B at $190B valuation after investor demand hits $15B
Databricks closed a $5 billion round at a $190 billion valuation after overwhelming investor interest forced the company to raise five times its original $1 billion target.
Lovable Raises $400M Series C at $13.3B Valuation
Swedish AI coding startup Lovable secured $400 million in Series C funding at a $13.3 billion valuation, doubling its worth from December's $6.6 billion.
Lyzr raises $100M Series B using its own AI agent to run the fundraise
Jersey City startup Lyzr closed a $100 million Series B at $500 million valuation after its AI agent SivaClaw handled investor outreach, memos, and tracking for 130+ potential backers.
Kraken Technology Group raises $175m Series B, becomes Europe's newest defence unicorn
London-based maritime defence startup Kraken Technology Group raised $175m in Series B funding at a $1bn valuation, making it Europe's newest defence unicorn.