RIVANNA Secures Grant to Advance AI-Enabled Ultrasound Platform
RIVANNA has received an $800,000 grant from the Virginia Catalyst Program to enhance its AI-enabled ultrasound platform for neuraxial anesthesia.
August 15, 2025
Funding, Mergers & Acquisitions
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Cohere Raises $500 Million, Valued at $6.8 Billion
Cohere has raised $500 million in a funding round led by Radical Ventures and Inovia Capital, increasing its valuation to $6.8 billion. The company also announced new executive appointments.
August 14, 2025
Seroda Ventures Merges Evonence with Cloudnyx.ai
Seroda Ventures has acquired a majority stake in Evonence and merged it with Cloudnyx.ai to form a new entity focused on Google Cloud services.
August 14, 2025
Drivepoint Secures $9M to Boost AI Finance Platform for Retail
Drivepoint has raised over $9 million in new funding to enhance its AI-powered finance platform for consumer brands, announced in a press release. The Series A round was led by Vocap Partners, with participation from Good Friends VC and existing investors.
August 13, 2025
HolmesAI Secures Seed+ Funding for Personalized AI Agents
HolmesAI has completed its Seed+ funding round, raising $3 million with support from Bitrise Capital, Waterdrip Capital, and CGV Fund, as announced in a press release.
August 13, 2025
Protege Secures $25 Million Series A to Expand AI Data Platform
Protege has announced a $25 million Series A funding round led by Footwork to enhance its AI training data platform. The funding will support product development and expansion into new verticals.
August 13, 2025
LawPro.ai Secures Seed Funding to Boost AI Solutions for Injury Claims
LawPro.ai has closed its Series Seed funding round led by Scopus Ventures to enhance AI solutions for the injury claims industry.
August 13, 2025
Squint Secures $40M Series B to Enhance AI in Manufacturing
Squint has raised $40 million in Series B funding to advance its AI-driven manufacturing platform, according to a press release. The funding will support expansion into new sectors and enhance AI capabilities.
August 13, 2025
OpenAI's Sam Altman Plans Brain-Computer Interface Startup
Sam Altman, co-founder of OpenAI, is reportedly planning to launch a brain-computer interface startup called Merge Labs, which aims to compete with Elon Musk's Neuralink.
August 13, 2025
Titan Secures $74M to Revolutionize IT Services with AI
Titan has raised $74 million in funding led by General Catalyst to enhance its augmented AI platform and acquired RFA to establish an AI-enabled MSP.
August 12, 2025
Profound Secures $35M Series B to Enhance AI Marketing Platform
Profound has raised $35 million in a Series B funding round led by Sequoia Capital, aiming to expand its AI marketing platform capabilities.
August 12, 2025
GoodShip Secures $25 Million to Enhance AI Freight Management
GoodShip has raised $25 million in Series B funding to expand its AI-driven freight management platform, aiming to transform the shipping industry.
August 12, 2025
Nimble Gravity Acquires Fog Solutions to Boost AI and Data Expertise
Nimble Gravity has acquired Fog Solutions, enhancing its capabilities in AI and data solutions, according to a press release.
August 12, 2025
Perplexity AI Offers $34.5 Billion for Chrome
Perplexity AI has made an unsolicited $34.5 billion cash offer to acquire Chrome from Alphabet, promising to keep Chromium open source and invest $3 billion in the project.
August 12, 2025
EDGX Secures €2.3M to Enhance Satellite AI Computing
Belgian spacetech startup EDGX has closed a €2.3 million funding round to accelerate the commercialization of its edge AI computer for satellites, as announced in a press release.
August 12, 2025
Flox Secures €1 Million for AI Wildlife Management
Stockholm-based Flox has raised nearly €1 million in a seed funding round to advance its AI-powered wildlife management technology.
August 12, 2025
Datumo Secures $15.5M to Expand AI Evaluation Tools
Seoul-based Datumo has raised $15.5 million in a Series B funding round to enhance its AI model evaluation tools and expand globally.
August 12, 2025
Graas.ai Secures $9 Million to Launch Agent Foundry in India
Graas.ai has raised over $9 million in a pre-Series B funding round to expand its Agent Foundry platform in India, aimed at automating key business functions for e-commerce brands.
August 11, 2025
Somnigroup Acquires Stake in Fullpower-AI, Extends Partnership
Somnigroup International has acquired a 15.6% equity interest in Fullpower-AI with a $25 million investment, as announced in a press release. The partnership includes a multi-year extension of Tempur Sealy's exclusive rights to use Fullpower's Sleeptracker technology.
August 09, 2025
Andreessen Horowitz Leads $200 Million Investment in Periodic Labs
Andreessen Horowitz is set to lead a $200 million investment in Periodic Labs, valuing the AI startup at $1 billion. OpenAI is also expected to participate in the funding round.
August 09, 2025
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