NAVER Ventures to Invest in North American Startups
NAVER Corporation announced the establishment of NAVER Ventures, a new initiative to invest in North American startups, starting with video AI startup TwelveLabs.
June 08, 2025
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
xAI Projects $13 Billion Annual Earnings by 2029
Elon Musk's xAI anticipates generating over $13 billion in annual earnings by 2029, according to Bloomberg. Morgan Stanley is facilitating a $5 billion debt sale for the AI startup.
June 08, 2025
xAI Secures Debt Financing from TPG Angelo Gordon
Elon Musk's AI startup, xAI, has received debt financing support from TPG Angelo Gordon, according to Bloomberg. This financial backing is part of a broader debt offering pre-marketed by Morgan Stanley.
June 08, 2025
Meta Plans $10 Billion Investment in Scale AI
Meta Platforms is reportedly in talks to invest over $10 billion in Scale AI, a startup specializing in data labeling for AI models, according to Bloomberg.
June 08, 2025
Anysphere Achieves $9.9 Billion Valuation with New Funding
Anysphere, the creator of the AI coding assistant Cursor, has raised $900 million, reaching a valuation of $9.9 billion, according to Bloomberg.
June 06, 2025
MIND Secures $30M Series A for AI-Driven Data Loss Prevention
MIND has raised $30 million in Series A funding to enhance its AI-powered data loss prevention platform, led by Paladin Capital Group and Crosspoint Capital Partners.
June 05, 2025
Solvd Inc. Acquires Tooploox to Boost AI Development
Solvd Inc., backed by Siguler Guff, has acquired Tooploox to enhance its AI development capabilities. The acquisition aims to integrate Tooploox's expertise in AI-driven development with Solvd's global delivery model.
June 05, 2025
Impart Security Secures $12M for AI Security Platform
Impart Security has announced the launch of its Application Detection and Response Engineering Platform, alongside a $12 million Series A funding round led by Madrona Ventures.
June 05, 2025
Collibra Acquires Raito to Enhance Data Governance
Collibra has announced the acquisition of Raito and introduced new advancements in data and AI governance, as stated in a press release. These developments aim to provide a unified platform for data management.
June 05, 2025
iGan Partners Leads Seed+ Financing for Cosm Medical's Gynecological Devices
iGan Partners has led a Seed+ financing round for Cosm Medical to support the U.S. expansion and clinical validation of its personalized gynecological devices.
June 05, 2025
Nectar Social Secures $10.6M to Enhance Social Commerce for Brands
Nectar Social has emerged from stealth with $10.6 million in funding to transform social media engagement into revenue for disruptor brands, announced in a press release.
June 05, 2025
Crabi Secures $13.6 Million to Expand AI-Driven Auto Insurance in Mexico
Crabi has raised $13.6 million to enhance its AI-driven auto insurance platform across Mexico, announced in a press release. The funding will support the expansion of its distribution network and AI solutions.
June 05, 2025
Burstverse Secures Seed Funding for AI-Driven DeFi Platform
Burstverse has closed its seed funding round to advance its AI-driven decentralized finance platform, attracting investors like Borderless Capital and Bigbrain Holdings.
June 05, 2025
Obvio Secures $22 Million to Expand AI Traffic Safety Solutions
Obvio has raised $22 million in Series A funding to enhance its AI-powered traffic safety solutions, announced in a press release. The funding will support national expansion and team growth.
June 05, 2025
John Snow Labs Acquires WiseCube to Enhance Medical AI Models
John Snow Labs has acquired WiseCube to improve its healthcare AI solutions with advanced knowledge graph technology, announced in a press release. This acquisition aims to enhance drug discovery, biomedical literature review, and hallucination detection in medical AI models.
June 05, 2025
Reserv Secures $25M Series B Funding for Expansion
Reserv, Inc. has raised $25 million in a Series B funding round led by Flourish Ventures, with participation from BCV, Altai Ventures, and Accenture Ventures.
June 05, 2025
Scope3 Secures $25M to Tackle AI's Environmental Impact
Scope3 has raised $25 million in funding led by GV to expand its sustainability efforts into the AI industry, aiming to reduce carbon emissions associated with AI technologies.
June 05, 2025
WedgeHR Secures Strategic Investment to Enhance Video Hiring Platform
WedgeHR has announced the successful close of a strategic investment round, bringing together industry veterans and growth-oriented investors to accelerate its video hiring platform.
June 05, 2025
Fullcast Acquires Commissionly to Enhance Sales Management
Fullcast has acquired Commissionly to integrate sales commission management into its RevOps platform, announced in a press release.
June 05, 2025
Matterworks Secures Series A Funding to Enhance Predictive Biology
Matterworks Inc. has announced the completion of its Series A funding round, led by Lewis & Clark Partners and OMX Ventures, to advance its machine intelligence platform for predictive biology.
June 04, 2025
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