Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Norm Ai Launches AI-Native Law Firm with $50 Million Investment from Blackstone

Norm Ai has received a $50 million investment from Blackstone and launched a new AI-native law firm, Norm Law, focused on financial services clients and AI-integrated legal workflows.

November 21, 2025

Function Launches Medical Intelligence Lab and Lowers Membership Cost

Function announced the launch of its Medical Intelligence Lab, a new initiative combining AI with clinical expertise to unify health data from multiple sources. The company also reduced its annual membership price to $365 and confirmed a $2.5 billion valuation following a $298 million Series B funding round.

November 21, 2025

Sunday Emerges from Stealth with $35 Million for Household Robot Memo

California-based robotics startup Sunday has launched from stealth with $35 million in funding to develop Memo, a household robot designed to handle chores such as dishes, laundry, and tidying. The robot is trained on 10 million household activity recordings collected using the company’s Skill Capture Glove and will begin beta testing in 50 homes in late 2026.

November 21, 2025

Jeff Bezos-Backed Physical Intelligence Raises $600 Million for AI Robotics Expansion

Physical Intelligence, a robotics AI startup supported by Jeff Bezos, has raised $600 million in a funding round led by CapitalG, valuing the company at $5.6 billion. The company is developing general-purpose AI systems to power robots for diverse tasks such as folding clothes and assembling boxes.

November 21, 2025

Luma AI Raises $900 Million and Partners with Humain on 2-Gigawatt AI Supercluster

Luma AI has raised $900 million in a Series C round led by Humain to develop multimodal artificial general intelligence and will collaborate on a 2-gigawatt AI supercluster in Saudi Arabia.

November 20, 2025

Accenture and WndrCo Back Alembic in $145 Million AI Marketing Round

Accenture and WndrCo have invested in Alembic, an AI-powered marketing analytics startup, as part of a $145 million Series B funding round that values the company at $645 million. The partnership will integrate Alembic’s causal AI technology into Accenture’s client services to enhance marketing measurement and attribution.

November 20, 2025

Adobe to Acquire Semrush for $1.9 Billion

Adobe has announced an agreement to acquire Semrush for $1.9 billion in cash, offering $12 per share for the SEO and brand visibility platform. The deal, approved by both companies' boards, is expected to close in the first half of 2026 pending regulatory and shareholder approval.

November 20, 2025

TAHO Launches with $3.5 Million Seed Funding for Distributed Compute Platform

TAHO, founded by former Meta, Google, and Snap engineers, has raised $3.5 million in seed funding to develop a distributed compute platform designed to deliver up to 10x performance improvements for AI workloads at a fraction of the cost of traditional cloud infrastructure.

November 19, 2025

Workday to Acquire Pipedream to Expand AI Agent Integration Capabilities

Workday has signed a definitive agreement to acquire Pipedream, an integration platform with over 3,000 connectors to common business applications. The acquisition will enable Workday’s AI agents to connect and execute tasks across third-party systems and applications.

November 19, 2025

Milestone Raises $10M to Quantify AI Impact in Software Development

Tel Aviv-based Milestone has secured $10 million in seed funding to expand its platform that measures how AI coding tools affect developer productivity, code quality, and ROI. The round was led by Heavybit and Hanaco Ventures, with participation from Atlassian Ventures and several notable angel investors.

November 18, 2025

Jeff Bezos Returns to CEO Role at AI Startup Project Prometheus

Jeff Bezos has taken on an operational role for the first time since leaving Amazon in 2021, becoming co-CEO of AI startup Project Prometheus alongside Vik Bajaj. The company has raised $6.2 billion to develop artificial intelligence systems for engineering and manufacturing.

November 18, 2025

Sakana AI Raises $135 Million Series B at $2.65 Billion Valuation

Tokyo-based Sakana AI has secured $135 million in a Series B funding round, valuing the company at $2.65 billion. The round includes investments from major Japanese and global firms and will support R&D, workforce expansion, and new initiatives in finance, defense, and manufacturing.

November 17, 2025

Hexaware Acquires CyberSolve to Strengthen AI-Led Cybersecurity

Hexaware Technologies has acquired CyberSolve, a global identity and access management specialist, to expand its AI-driven cybersecurity capabilities and enhance enterprise identity operations.

November 17, 2025

XTEND Wins U.S. Department of War Contract for AI-Enabled Attack Drone Kits

XTEND Reality Inc. has been awarded a multi-million-dollar contract by the U.S. Department of War to develop and deliver AI-enabled one-way attack drone kits designed for close-quarter missions. The company will produce and train operators from its Tampa, Florida headquarters.

November 17, 2025

Cursor Acquires Growth by Design to Strengthen AI Hiring Capabilities

AI coding startup Cursor has acquired recruiting strategy firm Growth by Design, which previously supported companies like OpenAI, to expand its in-house hiring operations and meet rising demand for its coding software.

November 15, 2025

Tether in Talks to Lead €1 Billion Investment in Neura Robotics

Tether is reportedly in discussions to lead a €1 billion funding round in German startup Neura Robotics, valuing the company between €8 billion and €10 billion, according to the Financial Times.

November 15, 2025

1Mind Launches With $40 Million to Advance AI Sales 'Superhumans'

1Mind has publicly launched with $40 million in funding, including a $30 million Series A led by Battery Ventures, to expand its AI-led sales platform that uses lifelike digital agents called Superhumans to automate sales and customer engagement.

November 14, 2025

Dealism Launches AI Sales Agent Built on 'Vibe Selling' After $15M Funding

Singapore-based Dealism has launched an AI sales agent that interprets psychology, intent, and emotion to enhance customer engagement, following a $15 million angel funding round led by GL Ventures.

November 14, 2025

Proceed Acquires Rapid Legal and LegalConnect to Expand Legal Tech Capabilities

Proceed has acquired Rapid Legal and its LegalConnect platform to strengthen its national footprint and enhance its e-filing and service of process technology.

November 14, 2025

OpenAI Leads $15M Seed Round for Biosecurity Startup Red Queen Bio

OpenAI has led a $15 million seed funding round for Red Queen Bio, a startup spun out of Helix Nano that uses AI and lab research to prevent AI-enabled biological threats. The investment was approved by OpenAI's compliance team and unconflicted board members.

November 14, 2025

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