Navan's $300M Global Expansion & Salesforce's $15B AI Investment - AI Funding Brief #36
October 21, 2025 -
AI Funding Brief
Hi there,
Welcome to this edition of the AI Funding Brief, where we delve into the latest funding and investment news within the world of AI businesses. This week, several AI companies have made significant strides in securing substantial investments to fuel their growth and innovation. General Intuition, a Swiss AI startup, has raised €114 million to enhance AI training for robotics and drones using gameplay videos. Meanwhile, Navan has secured $300 million in Series G funding to expand its AI-powered expense management platform globally, with plans to open new offices in Europe.
In the medtech sector, UK-based CoMind has garnered $102.5 million in Series A funding to advance its AI-driven brain monitoring system, with support from Plural. Additionally, OpenEvidence has raised $200 million, boosting its valuation to $6 billion, as it continues to grow its medical AI platform. These stories highlight the dynamic landscape of AI funding, showcasing the diverse applications and potential of AI technologies across various industries.
Welcome to this edition of the AI Funding Brief, where we delve into the latest funding and investment news within the world of AI businesses. This week, several AI companies have made significant strides in securing substantial investments to fuel their growth and innovation. General Intuition, a Swiss AI startup, has raised €114 million to enhance AI training for robotics and drones using gameplay videos. Meanwhile, Navan has secured $300 million in Series G funding to expand its AI-powered expense management platform globally, with plans to open new offices in Europe.
In the medtech sector, UK-based CoMind has garnered $102.5 million in Series A funding to advance its AI-driven brain monitoring system, with support from Plural. Additionally, OpenEvidence has raised $200 million, boosting its valuation to $6 billion, as it continues to grow its medical AI platform. These stories highlight the dynamic landscape of AI funding, showcasing the diverse applications and potential of AI technologies across various industries.
General Intuition Secures €114 Million for AI Training
Swiss AI startup General Intuition has raised €114 million to develop AI agents that use gameplay videos for training robotics and drones, aiming to improve spatial and temporal awareness in AI systems. Read more
Navan Secures $300 Million for Global Expansion
Navan has raised $300 million in Series G funding to expand its AI-powered expense management platform globally, including recent launches in Europe. Read more
CoMind Secures $102.5M for AI Brain Monitoring
UK medtech startup CoMind has secured $102.5 million in Series A funding led by Plural. The investment will aid in regulatory approval and expansion of its AI-powered brain monitoring technology. Read more
OpenEvidence Raises $200M at $6B Valuation
OpenEvidence, a medical AI platform, has secured $200 million in funding, bringing its valuation to $6 billion. The platform, likened to ChatGPT for doctors, has seen significant growth in clinical consultations. Read more
Periodic Labs Secures $300 Million in Seed Funding
A new startup, Periodic Labs, founded by researchers from OpenAI and Google Brain, has raised $300 million in seed funding. The company plans to use AI for advancements in material science. Read more
Cohere Inc. Offers Secondary Sale of Employee Shares
Cohere Inc., supported by Nvidia Corp., is enabling employees to sell their shares to external investors through a secondary sale. The company has achieved $150 million in annualized revenue and was recently valued at $7 billion. Read more
LangChain Secures $125 Million in Series B Funding
LangChain, a startup specializing in AI agents, has raised $125 million in Series B funding, elevating its valuation to $1.25 billion. The funding round was led by IVP with participation from several notable investors. Read more
Seneca Raises $60 Million for AI Wildfire Defense
Seneca, a resilience technology company, has launched publicly and secured $60 million in funding to develop AI-driven autonomous aerial systems for rapid wildfire suppression. Read more
Suno in Talks for $100M Funding at $2B Valuation Amid Legal Challenges
Generative AI music startup Suno is in discussions to raise over $100 million, potentially valuing the company at $2 billion. Meanwhile, Suno is facing a lawsuit from major record labels over copyright infringement claims. Read more
Mergers & Acquisitions
Kicksaw has acquired Northbound to enhance its AI-driven contract automation solutions for Salesforce customers, while AbbVie has completed its acquisition of Gilgamesh Pharmaceuticals' AI-enhanced drug for depression, strengthening its psychiatry pipeline. These strategic moves highlight the ongoing trend of leveraging AI to enhance business capabilities across various sectors.
- Kicksaw Acquires Northbound for AI Contract Automation
- Taoping Inc. Plans to Acquire Alphalion Holding
- AbbVie Acquires Gilgamesh's AI-Enhanced Bretisilocin
- ServiceNow Acquires Work4Flow's AI Evaluation Tool
- Sigma Defense Acquires Aries Defense
- True Global Ventures Invests $30 Million in Prezent AI
- Accenture Acquires Decho to Boost AI Solutions
- C2A Security Acquires Vigilant Ops for MedTech Security
- Pentera Acquires DevOcean to Boost Cybersecurity Automation
- Nextech3D.ai Acquires Eventdex for $700,000
- Remsoft Acquires LOGR for AI Forestry Solutions
- Nvidia, Microsoft, BlackRock, xAI in $40B Aligned Data Centers Deal
- Qualcomm Acquires Arduino and Launches New Board
Other Funding News
Salesforce has announced a $15 billion investment in San Francisco to enhance the city's AI leadership, including an AI Incubator Hub and workforce development. Meanwhile, Diversis Capital has closed its Fund III with over $1.2 billion in commitments, aiming to invest in AI-driven growth for technology-enabled services.
- UK Pension Firms Plan £2 Billion AI and Infrastructure Investment
- Salesforce Announces $15 Billion AI Investment
- Microsoft Increases Investment in German AI Firm etalytics
- DebitMyData Raises Seed Round for Human Energy Grid
- Diversis Capital Closes $1.2 Billion Fund for AI Investments
Startup Funding
Flint, co-founded by Michelle Lim and backed by Sheryl Sandberg's fund, has raised $5 million in seed funding led by Accel to develop an AI platform for autonomous website creation and updates.
Viven, co-founded by Ashutosh Garg and Varun Kacholia, has secured $35 million in seed funding to develop AI-powered Digital Twins for enterprises, enhancing collaboration and knowledge retention.
Viven, co-founded by Ashutosh Garg and Varun Kacholia, has secured $35 million in seed funding to develop AI-powered Digital Twins for enterprises, enhancing collaboration and knowledge retention.
- Flint Raises $5 Million for AI Website Platform
- Viven Raises $35M for AI Digital Twins
- Jabbr.ai Raises €4.3 Million to Enhance Combat Sports Transparency
- 1001 AI Secures $9 Million for MENA AI Infrastructure
- Tantauco Ventures Launches Second AI Fund for Latin American Startups
- Tria Secures $12M for AI and Human Neobank
- Strawberry Secures $6M for AI Browser Development
- Ready Plan Go Secures $750K for AI Accounting Platform
- Armstrong Secures $12M for AI Kitchen Robots
- Dialogue AI Secures $6M Seed Funding
- AdsGency Secures $12M for AI Ad Platform
- Matters.AI Secures $6.25M for AI Security Engineer Launch
- Nexos.ai Secures €30 Million for AI Adoption
- Cercli Secures $12 Million for AI HR Solutions
- Xense Robotics Secures 100 Million Yuan in Pre-Series A Funding
- Magic Raises $10M to Boost AI in Hospitality
- HULO Raises €2.3 Million for AI Leak Detection
- Vertical Semiconductor Secures $11M for GaN Transistor Development
- Magma Math Raises $10 Million for AI in Education
- Nuxera AI Secures $2.5 Million for Arabic-First AI in Healthcare
- Logic Launches AI Automation Platform with $4.3M Funding
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Public Markets
09/16
Alphabet Reaches $3 Trillion Market Cap Amid AI Growth
08/16
OpenAI Plans Trillion-Dollar Infrastructure Investment
04/28
Hikvision Reports Revenue Growth in 2024 and Q1 2025
03/06
KraneShares AI ETF AGIX Acquires Stake in Anthropic
03/04
CoreWeave Files for IPO, Targets $35 Billion Valuation
More from: Funding
10/21
Veeam to Acquire Securiti AI for $1.7 Billion
10/21
Hyro Raises $45 Million to Expand AI Agents for Healthcare
10/21
Starship Technologies Raises $50 Million to Expand Autonomous Delivery Robots in U.S. Cities
10/21
mPWR Acquires Mexican Fintech Kredeo to Expand in Latin America
10/21
Tensec Secures $60 Million Credit Facility from Upper90 to Scale AI-Powered Cross-Border Services
Subscribe to AI Funding Brief
