Funding, Mergers & Acquisitions

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

Jul 16, 2026

Orum Acquires Scout AI to Strengthen Phone Data Accuracy for Sales Teams

Orum has acquired data agent platform Scout AI to enhance the accuracy of phone data and reduce wasted sales calls by integrating AI agents with Orum’s calling intelligence.

Jul 16, 2026

Descartes Systems Group Acquires Chilean Delivery Platform Drivin for $30 Million

Descartes Systems Group has acquired Santiago-based delivery management company Drivin for around $30 million in cash, uniting its Latin American last mile logistics data with the Descartes Global Logistics Network.

Jul 16, 2026

Raintree Acquires Spike Technologies to Embed AI Voice in Healthcare Workflows

Raintree has acquired Spike Technologies to integrate agentic AI voice capabilities directly into its electronic health record platform, automating tasks in revenue cycle and patient engagement operations.

Jul 16, 2026

Proaction Raises $4.2 Million to Expand AI Fleet Management Platform

Proaction has raised $4.2 million to develop its AI-based fleet management platform, offering an alternative to legacy systems through improved visibility and lower costs.

Jul 16, 2026

Rime Raises $24 Million Series A for Speech to Speech Enterprise AI

Rime has raised $24 million in Series A funding led by M13 to accelerate development of its speech to speech model for enterprise voice AI applications. The company plans to expand its team and data assets as it continues powering millions of monthly calls for clients in healthcare, finance, and consumer services.

Jul 16, 2026

Whatnot Acquires Shaped to Boost Live Shopping Recommendations

Whatnot has acquired Shaped, a machine learning company specializing in real time recommendation and search technology, to enhance its AI capabilities for live shopping. Shaped’s team, including founder Tullie Murrell, will join Whatnot to form a new Applied AI Research group.

Jul 16, 2026

Hinge Founder Raises $18 Million for AI Dating Platform Overtone

Justin McLeod, founder of Hinge, has raised $18 million for Overtone, an AI-based dating service backed by Match Group, FirstMark Capital, and Pace Capital. The service focuses on voice and audio interactions for curated matchmaking and will launch later this year.

Jul 15, 2026

InsideDesk Raises $12.6 Million to Expand AI Platform for Dental Revenue Cycle Management

InsideDesk has secured $12.6 million in growth financing led by Pender Ventures to accelerate its AI platform for dental revenue cycle management and support new hires across technical and commercial roles.

Jul 15, 2026

Pratt & Whitney Expands AI Engine Inspection Capabilities with Aiir Innovations

Pratt & Whitney, a business of RTX, has broadened its engine inspection capabilities by integrating AI-assisted borescope software from Amsterdam-based Aiir Innovations, aimed at improving consistency and efficiency across global MRO operations.

Jul 15, 2026

State Affairs Raises $70 Million for Policy Intelligence Platform

State Affairs has raised $70 million to expand its AI-driven intelligence platform that helps institutions understand and respond to policy and regulatory developments across state and federal levels.

Jul 15, 2026

Veterans Benefits Software Acquires VisPro and Launches Enhanced Claims Platform

Veterans Benefits Software has acquired VisPro and introduced VisPro Complete, a new platform designed to improve VA claims processing for attorneys and agents. The release adds subscription flexibility, automated workflows, and AI-driven tools.

Jul 15, 2026

Hadrius Raises $27 Million to Expand AI Compliance Infrastructure

Hadrius has raised $27 million in seed and Series A funding led by CRV, with participation from Y Combinator, Pathlight Ventures, and the founders of Altruist, Jump AI, and FINNY. The company plans to use the capital to expand its AI-based compliance platform for financial institutions.

Jul 15, 2026

Brinc Raises $125 Million to Expand 911 Response Drone Program

Brinc has raised $125 million in a funding round led by Motorola Solutions, with participation from Index Ventures and Figma CEO Dylan Field. The funding will support expanded manufacturing, product development, and deployment of 911 response drones across U.S. police and fire stations.

Jul 15, 2026

THINK Surgical Secures Up to $65 Million in Growth Capital from Symbiotic Capital

THINK Surgical has entered a debt facility with Symbiotic Capital for up to $65 million in growth capital to support the expansion of its TMINI Miniature Robotic System.

Jul 15, 2026

Leica Biosystems to Acquire StatLab Medical Products

Leica Biosystems has announced an agreement to acquire StatLab Medical Products, expanding its portfolio in anatomic pathology solutions. The deal is expected to close by the end of 2026, pending regulatory approval.

Jul 15, 2026

Think Raises $8 Million in MENA's Largest AI Infrastructure Pre-Seed Round

Saudi-based AI infrastructure company Think has raised over $8 million in a pre-seed round co-led by Raed Ventures and Wa’ed Ventures, marking the largest such funding in the MENA region to date.

Jul 14, 2026

410 Medical Raises $12 Million to Expand LifeFlow Infusion Technology

410 Medical has raised $12 million in financing led by Orlando Health Ventures, with funds aimed at expanding commercial operations and launching the next version of its LifeFlow infuser in 2027.

Jul 14, 2026

Sabanto Raises Series B Funding to Expand Autonomous Farming Technology

Ames-based Sabanto has closed an oversubscribed Series B funding round led by Leaps by Bayer to expand its autonomous retrofit technology for row crop farming across North America.

Jul 14, 2026

CleanSpark Signs 20-Year, $6.6 Billion Lease for Georgia Data Center

CleanSpark has secured a 20-year triple-net lease worth $6.6 billion with a high investment grade global technology company for its Sandersville, Georgia data center. The agreement includes potential extensions that could raise the total value to $11.6 billion.

Jul 14, 2026

ORTEC Acquires TOBA HR Solutions to Expand Healthcare Workforce Management in Belgium and Luxembourg

ORTEC has acquired TOBA HR Solutions, a provider of workforce management software in Belgium and Luxembourg, expanding its healthcare customer base to over 250 organizations and 225,000 professionals.

Free newsletter

AI Funding Brief