AvalonX launches penetration testing platform with up to $10 million
AvalonX emerged from stealth with an AI powered penetration testing platform and up to $10 million in funding from Ridown Capital.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
AvalonX emerged from stealth with an AI powered penetration testing platform and up to $10 million in funding from Ridown Capital.
&Truth emerges from stealth with $70 million in seed capital to build a system that uses mathematical proofs to verify software across programming languages.
Bites raised a $40 million Series A led by PeakSpan Capital, bringing its total funding to $55 million. The company will use the capital for US expansion and further platform development.
Wabi raised $55 million in a funding round led by IVP, giving the personal AI assistant company a $1.25 billion valuation.
Broccoli raised $52 million across Series A and Series B rounds led by Khosla Ventures. The company will use the funding to hire staff and expand its AI agents for home service businesses.
Coveo acquired Anglera, adding technology that extracts, standardizes and validates product details from documents, images and other sources.
Thrive Holdings, which counts OpenAI as a partner and investor, will take ADT private for $10 a share, valuing it at $7.6 billion in equity and $15.3 billion including debt.
Sebastian Thrun's startup Dulo has raised $130 million to build foundation models for hardware design. Investors include Eric Schmidt, John Doerr, DST Global, Construct Capital, and Lowercarbon Capital.
CoverGo raised $6 million in the initial close of a Series B1 round led by Betatron Venture Group. The company will fund product development and global expansion.
Dream emerged from stealth with $17 million in seed funding led by Andreessen Horowitz. Its AI model generates building designs based on physics, construction standards and data from US permit archives.
Mintive raised a $7 million seed round led by Cowboy Ventures, bringing its total funding to $11 million. Its platform manages identity, permissions, model access and monitoring for enterprise AI agents.
SpendRule raised $4 million in seed funding for its AI platform, which checks vendor invoices against contract terms and flags potential overpayments.
Cohere has completed the initial close of a Series E round targeting up to CAD $7 billion at a CAD $35.7 billion valuation.
Foundry Robotics raised a $100 million Series A to build and operate robotic assembly factories. Its FoundryOS software coordinates robots, schedules and assembly processes across different products.
Legal AI company Harvey has acquired Aida, an AI sales platform focused on connecting information across business systems. Aida's founders and engineering team will join Harvey.
Serval raised $150 million in a Series C round at a $3 billion valuation to expand its automation software beyond IT teams.
Deepgram is acquiring Daily, the company behind the open source Pipecat framework. The deal price was not disclosed, and Pipecat will remain open source.
Collective raised $100 million: a $40 million Series B and a $60 million growth facility from General Catalyst's Customer Value Fund. It will use the capital to develop banking and insurance products for solo businesses.
Solink raised more than $100 million to expand software that extracts business and security information from existing camera systems.
Crux Labs raised more than $6 million for software that tests AI agents against standards defined by human experts.