SoftBank's $6.5B Ampere Deal, Novarc's $50M AI Welding Boost, and Graphite's $52M Code Review Funding - AI Funding Brief #6

March 25, 2025 - AI Funding Brief

Hi there,

Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in the world of AI business investments. This week, CampusGroup Inc. has made headlines by securing $46 million from notable Silicon Valley investors like Sam Altman and Peter Thiel, aiming to revolutionize affordable, tech-driven education. Meanwhile, Swedish company evroc has raised €50 million in Series A funding to establish a sovereign hyperscale cloud and AI infrastructure in Europe, marking a significant milestone in the Nordic tech scene.

In other news, BuildOps, an AI startup based in Los Angeles, has achieved a $1 billion valuation after raising $127 million in Series C funding, with plans to enhance efficiency for commercial contractors. Additionally, the NATO Innovation Fund has co-led a €25 million Series A funding round for UK-based photonics startup Camgraphic, supporting advancements in R&D and manufacturing. Stay tuned as we delve into these stories and more, highlighting the dynamic landscape of AI funding and innovation.

CampusGroup Inc. Raises $46 Million from Silicon Valley Investors
CampusGroup Inc., a for-profit community college, has secured $46 million in funding from prominent Silicon Valley figures, including Sam Altman and Peter Thiel. The investment will support the college's mission to offer affordable, technology-focused education. Read more
n8n Secures $60M for AI Workflow Automation
Berlin-based startup n8n has raised $60 million to enhance its AI-friendly workflow automation platform, aiming to expand into new markets like the U.S. Read more
BuildOps Secures $127M in Series C Funding
AI startup BuildOps has raised $127 million in Series C funding, reaching a $1 billion valuation. The company aims to improve efficiency for commercial contractors with its AI platform. Read more
NATO Innovation Fund Invests in Camgraphic
The NATO Innovation Fund has co-led a €25 million Series A funding round for the photonics startup Camgraphic, aiming to boost R&D and manufacturing capabilities in Italy. Read more
Arcade Expands AI Platform to Home Goods
The AI platform Arcade is broadening its scope from jewelry to home goods, introducing a 'Match My Room' feature and securing $25 million in funding. Read more
evroc Raises €50M for European Cloud and AI Infrastructure
The Swedish company evroc has secured €50 million in Series A funding to develop a sovereign hyperscale cloud and AI infrastructure in Europe, marking a significant investment in the Nordic tech sector. Read more
Novarc Technologies Secures $50M for AI Welding
Novarc Technologies Inc. has raised $50 million in a Series B funding round to advance its AI-driven welding solutions. The funding will support the development of the NovAI system, which utilizes machine vision for real-time welding adjustments. Read more
Crossmint Raises $23.6 Million to Enhance Blockchain Platform
Crossmint has raised $23.6 million to improve its platform that aids businesses and AI agents in adopting blockchain technology. The funding round was led by Ribbit Capital with participation from several other investors. Read more
brain.space Secures $11 Million in Series A Funding
On March 18, 2025, brain.space announced an $11 million Series A funding round led by Toyota Ventures. The funding will support the development of their Brain-Data-as-a-Service ecosystem to enhance understanding and prediction of human behavior. Read more
Core Capital Launches AI Platform Cartagon.ai
Core Capital Investments has launched its AI cloud platform, Cartagon.ai, with over €30 million in funding, providing access to Nvidia GPUs and focusing on sustainable AI model deployment in Europe. Read more
King River Capital Launches $157 Million AI Fund
Australian venture capital firm King River Capital is finalizing a A$157 million fund to support AI-driven software startups in Australia and the US, with investments already made in four startups. Read more
Graphite Secures $52 Million in Series B Funding
AI-powered code review platform Graphite has raised $52 million in a Series B funding round led by Accel, with participation from Anthropic and other investors. The funding will aid in product development and team expansion. Read more
Fractal Invests $20 Million in Asper.AI
Fractal has announced a strategic investment of $20 million in Asper.AI, an AI platform for consumer goods and manufacturing, to enhance product development and expand its global customer base. Read more
Dataminr Raises $85 Million for Growth and Expansion
Dataminr, a data analytics company, has secured $85 million in funding to accelerate growth and expand its international market presence. The funding will aid in developing new AI products and enhancing capabilities in Europe, the Middle East, and Asia. Read more
Perplexity AI Seeks Up to $1 Billion in Funding
Perplexity AI is in early talks to raise between $500 million and $1 billion, potentially doubling its valuation to $18 billion. The company, known for its AI-powered search engine, is competing with major players like Google and OpenAI. Read more
Brainomix Secures £14M Series C Funding for AI Imaging
Brainomix has completed a £14M Series C funding round to enhance its AI imaging technology for stroke and lung fibrosis. The investment will aid in expanding its presence in the US and increasing clinical adoption. Read more
Nace.AI Launches MetaModel with $5M Funding
Nace.AI has introduced MetaModel, an AI system for creating task-specific enterprise models, backed by $5 million from General Catalyst. The system aims to enhance AI adoption in businesses. Read more
Aura Raises $140 Million in Series G Funding
Aura, an AI-powered online safety company, has raised $140 million in equity and debt in its Series G funding round. The company is now valued at $1.6 billion and aims to improve its safety features for families. Read more

Mergers & Acquisitions

Salute announced its acquisition of ADCC Group to enhance its global AI expansion strategy. Bidgely has acquired Grid4C to improve its UtilityAI™ Platform with better grid management. Tray.ai acquired Israeli startup Vanti for its AI agents in manufacturing. SoftBank Group plans to acquire Ampere Computing for $6.5 billion to boost AI infrastructure investments. BGM Group Ltd acquired YX Management Company Ltd for $95 million to enhance its AI strategy. Pronetx acquired VT Team to expand its AI solutions for cloud migration. 9fin acquired Bond Radar to enhance its global debt market data. Pay Ready acquired Buzz to enhance AI-driven property management.

Startup Funding

Page has raised $4.1 million to expand its AI external relations platform in the US and UK. Cassandra.app secured €2 million to enhance its AI advertising strategies globally. Orion Security announced a $6 million funding round for its AI data protection platform. Automaise raised €5 million to expand its AI customer service platform in Europe and the US. Sympera AI secured $10 million to improve AI in relationship banking for SMBs.

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