DataBank Secures $1.1B for AI Data Centers, Distyl AI Hits $1.8B Valuation

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In this edition of the AI Funding Brief, we're diving into the latest funding and investment news within the AI business landscape. DataBank has made headlines by securing $1.1 billion to refinance loans and expand its data centers, marking a significant move in its growth strategy. Meanwhile, Distyl AI has raised $175 million, reaching a valuation of $1.8 billion, with major backing from Lightspeed and Khosla Ventures to enhance its AI consulting services.

Additionally, Mueon has launched its innovative Cubelets for AI data centers, supported by $15.5 million in seed funding from Intel Capital. On the investment front, Beroe has secured $34 million to boost its procurement intelligence solutions, while FinSight Ventures has introduced a $50 million AI Index Fund to invest in leading generative AI companies. These developments highlight the dynamic and rapidly evolving nature of the AI sector, with significant investments fueling innovation and expansion.

Axtria Receives $240 Million from Kedaara Capital

Axtria has secured a $240 million investment from Kedaara Capital to enhance its AI-driven solutions in the life sciences sector. The investment includes a secondary investment and an employee share buyback program. Read more

CleanSpark Expands Bitcoin Credit Facility with Coinbase Prime

CleanSpark, Inc. has increased its Bitcoin-backed credit facility with Coinbase Prime by $100 million to fund strategic capital expenditures, including energy portfolio expansion and Bitcoin mining operations. Read more

Signal AI Receives $165 Million from Battery Ventures

On September 24, 2025, Signal AI announced a $165 million investment led by Battery Ventures to enhance its AI-driven risk intelligence platform. Read more

Gigi Secures $3M to Move HQ to US

Gigi, a Paris-based startup, has raised $3 million from Khosla Ventures to relocate its headquarters to the US. This funding follows a previous $5 million seed round with support from Sequoia Capital and OpenAI. Read more

Rowan Digital Infrastructure Secures $1.2 Billion for Maryland Expansion

Rowan Digital Infrastructure has obtained $1.2 billion in financing to expand its data center operations in Maryland, including $925 million for the Bauxite campus and a $300 million corporate credit facility. Read more

ScreenPoint Medical's AI Selected for $16M Breast Cancer Trial

ScreenPoint Medical announced that its Transpara® breast imaging AI has been chosen for the PRISM Trial, a $16 million study funded by the Patient-Centered Outcomes Research Institute. The trial aims to evaluate the effectiveness of AI in breast cancer screening across major US medical centers. Read more

Firehawk Aerospace Raises $60M for AI-Driven 3D Printing

Firehawk Aerospace has secured $60 million in funding, led by 1789 Capital and Presto Tech Horizons, to enhance its 3D printing technology for defense applications in Europe. Read more

AmplifyMD Secures $20M for AI Healthcare Platform

AmplifyMD has raised $20 million in Series B funding led by Forerunner Ventures to enhance its AI-driven virtual care platform, aiming to improve clinical access and operational efficiencies. Read more

Cohere Raises $100 Million, Valued at $7 Billion

On September 24, 2025, Cohere announced securing an additional $100 million in funding, elevating its valuation to $7 billion. This investment will aid in advancing its enterprise AI technology and expanding global operations. Read more

OpenAI and Google Invest in AI Startup Clarity

Angels from OpenAI and Google have invested in the AI customer service startup Clarity, formerly known as Anecdote. The company raised £9 million to enhance customer experience in regulated industries. Read more

Emergent Secures $23 Million to Empower App Creation

Emergent, co-founded by Mukund and Madhav Jha, has raised $23 million in Series A funding led by Lightspeed. The platform enables non-technical users to build apps using prompts, simplifying the development process. Read more

Juicebox Raises $30M to Enhance AI Hiring Platform

Juicebox has secured $30 million in funding from Sequoia to advance its AI-driven hiring platform, PeopleGPT, which uses natural language processing to streamline recruitment. Read more

AMD Partners with Cohere for Instinct GPU Expansion

AMD has entered into an agreement with generative AI startup Cohere to expand the use of its Instinct GPUs. This partnership will enable Cohere to offer its AI solutions on AMD's infrastructure. Read more

Thyme Care Secures $97M in Series D Funding

Thyme Care has raised $97 million in Series D funding from investors including CVS Health Ventures and JPMorgan Chase. The company plans to use the funds to enhance cancer care through AI technology. Read more

Modular Secures $250M to Compete with Nvidia in AI Chips

AI startup Modular has raised $250 million to enhance its position in the AI chip market, aiming to challenge Nvidia with its innovative platform. Read more

AAI Raises Over $1 Billion in Valuation

AAI, co-founded by Amnon Shashua, has secured hundreds of millions in funding, reaching a valuation of over $1 billion. The company, focused on superintelligence research, received investment from Lightspeed and other notable investors. Read more

Nvidia Invests in OpenAI for AI Data Center Expansion

Nvidia has invested in OpenAI to fund the leasing of GPUs for AI data centers, with potential investment reaching $100 billion. The initial $10 billion will aid in deploying OpenAI's first gigawatt of capacity by 2026. Read more

Founders Fund Invests in Brazilian Legal AI Startup Enter

Venture capital firm Founders Fund has co-led a $35 million Series A funding round for the São Paulo-based legal AI startup Enter, in partnership with Sequoia Capital. This investment values the company at $350 million, aiming to improve Brazil's legal system with AI technology. Read more

Valence Secures $50 Million for AI Coaching Expansion

Valence has raised $50 million in Series B funding to enhance its AI coaching platform, Nadia. The funding will aid in product development and market expansion. Read more

Fetcherr Secures $42 Million for Global Expansion

Fetcherr, an AI pricing technology company, has raised $42 million in Series C funding led by Salesforce Ventures to expand internationally. Read more

WeTravel Secures $92M for AI Travel Tools

Dutch startup WeTravel has raised $92 million in Series C funding to enhance its AI-driven tools for multi-day travel operations and expand internationally. Read more

Light Secures €25.5M to Enhance AI Accounting Solutions

Copenhagen-based AI finance platform Light has raised €25.5M in a Series A funding round led by Balderton Capital to expand and develop its AI-driven accounting solutions. Read more

Nscale Secures $1.1 Billion for AI Data Center Expansion

UK-based AI data center startup Nscale has raised $1.1 billion to expand its infrastructure, with significant backing from Aker ASA, Nvidia, and others. The funds will be used to develop AI data centers in the UK and Norway. Read more

Inspiren Raises $100M for AI in Senior Living

Inspiren has secured $100 million in Series B funding led by Insight Partners to enhance its AI solutions for senior living. The investment will support the expansion of its platform focusing on safety, care, staffing, and emergency response. Read more

Arcapita Group Invests in Figure AI

Bahrain's Arcapita Group has invested in a $1 billion fundraising round for US startup Figure AI, which focuses on autonomous humanoid robots. Figure AI is now valued at $39 billion. Read more

deskbird Raises $23 Million for AI Workplace Management

Swiss startup deskbird has secured $23 million in Series B funding to enhance its AI-driven platform for managing hybrid workplaces across the UK and Europe. Read more

Tipalti Secures $200M for AI and Exceeds $200M ARR

Fintech company Tipalti has raised $200 million from Hercules Capital to enhance its AI capabilities and support global growth, while surpassing $200 million in annual recurring revenue. Read more

Filevine Secures $400 Million to Boost AI Platform

Filevine, a legal intelligence company, has raised $400 million in a Series E funding round to enhance its AI platform, aiming to improve efficiency by integrating various legal data sources. Read more

OXCCU Raises $28 Million for Sustainable Aviation Fuel Tech

OXCCU, an Oxford University spin-out, has secured $28 million in Series B funding to advance its AI-driven technology for converting waste carbon into sustainable aviation fuel. The funds will aid in scaling operations and launching a new demonstration plant by 2026. Read more

Black Forest Labs Seeks $200-$300 Million Funding at $4 Billion Valuation

German AI start-up Black Forest Labs is in talks to raise significant funding, aiming for a valuation of approximately $4 billion. The company is known for its AI-driven image generation technology. Read more

GoodFit Secures $13M in Series A Funding

GoodFit, an AI-driven data platform, has raised $13 million in Series A funding led by Notion Capital. The funding will enhance the platform's capabilities and expand access for companies to improve their go-to-market strategies. Read more

Anything Secures $11 Million Funding at $100 Million Valuation

The AI app development startup Anything has raised $11 million in funding, achieving a $100 million valuation after reaching $2 million annual recurring revenue in two weeks. Read more

DataBank Secures $1.1 Billion for AI Infrastructure

DataBank has raised $1.1 billion through secured notes to refinance loans and expand its data center infrastructure in the U.S., marking its fifth securitization since 2021. Read more

Mueon Launches Cubelets for AI Data Centres with $15.5M Funding

Mueon has introduced its modular Cubelets to improve data centre efficiency for AI workloads, backed by $15.5 million in seed funding from Intel Capital. Read more

Distyl AI Raises $175 Million for AI Consulting

Distyl AI has raised $175 million, reaching a $1.8 billion valuation, to enhance its AI consulting services. The funding round was led by Lightspeed and Khosla Ventures, with contributions from Coatue, Dell Technologies Capital, and DST Global. Read more

Beroe Raises $34 Million for Procurement Intelligence

Beroe has secured $34 million in funding to enhance its procurement intelligence solutions. The investment will be used for product development and acquisitions, benefiting global procurement managers. Read more

FinSight Ventures Launches $50 Million AI Index Fund

FinSight Ventures has introduced a $50 million fund to support global leaders in generative AI, featuring a portfolio of 12 companies like Scale AI and Databricks. Read more

Splash Financial Secures $70 Million in Series C Funding

Splash Financial, an AI-enabled lending marketplace, has raised over $70 million in a Series C funding round led by Grand Oaks Capital. The funds will be used to launch a new home equity line of credit product and enhance its market position. Read more

Capital Rx Rebrands as Judi Health After $400M Funding

On September 23, 2025, Capital Rx announced a $400 million funding round and rebranded as Judi Health to enhance its AI-powered health benefits platform. Read more

Mergers & Acquisitions

Hitachi has acquired Synvert to enhance its AI capabilities and expand its HMAX business, while RevSpring has acquired Kyruus Health to integrate platforms for improved patient engagement and financial outcomes in healthcare.

IPO's & Market Moves

Fermi America has announced its initial public offering of 25 million shares, aiming to raise funds for AI-related business growth and operations.
FutureCrest Acquisition Corp. announced the pricing of its initial public offering on September 26, 2025, aiming to raise $250 million to target acquisitions in AI and other industries.

Other Funding News

BetterAge secured a $5.5 million grant from the NIH to develop an AI-driven app aimed at supporting caregivers of Alzheimer's patients, enhancing care and assistance for both caregivers and patients.

BetterAge Secures $5.5M NIH Grant for AI in Aging

Startup Funding

Morse Micro has raised $59 million in Series C funding to enhance its Wi-Fi HaLow silicon solutions, aiming to accelerate international expansion and production scaling.
Envive AI secured $15 million in Series A funding to develop self-improving AI agents for enhancing digital commerce interactions.

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DataBank Secures $1.1B for AI Data Centers, Distyl AI Hits $1.8B Valuation - AI Funding Brief #33

Mergers & Acquisitions

IPO's & Market Moves

Other Funding News

Startup Funding

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