Investors and funding

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This Cambridge startup is building a ‘foundation model’ for the chest to speed drug trials

Most AI imaging startups build one model per disease. A Cambridge company has raised $20m to build a single model for the whole chest. Then it can spin the rest out of that. Qureight makes AI imaging tools for lung and heart clinical trials. It closed a $20m Series B led by Molten Ventures, the […]

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Fish Audio gives its voice AI away, and charges for the latency

Fish Audio, a Palo Alto voice-AI startup, has raised $52m in a round it still calls a seed, first reported by TechCrunch. It arrives at a company with an unusual shape. It gives its best models away, and charges for the wiring around them. The startup is a year old. It says more than 8 […]

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AI broke the patch. This $60m startup is betting on not patching.

A new Israeli security startup has emerged from stealth with $60m. It arrives with an argument the industry has resisted for decades. You cannot patch your way to safety any more, so stop trying. Act Security launched on Tuesday, Calcalist reported. It was founded in 2025 by the team that sold Medigate to Claroty for […]

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NextEra and Brookfield plan a $100bn data campus in Kentucky

NextEra Energy and Brookfield plan to build a data-centre campus in Kentucky worth as much as $100 billion, Bloomberg reported. The project would rank among the largest single commitments yet in the American build-out of computing capacity for artificial intelligence. The companies are joining the largest utility in the United States with one of the […]

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groundcover raises $100M to build observability for the AI era

groundcover, an observability startup that keeps customers’ monitoring data inside their own cloud, has raised $100 million in a Series C round. The financing was led by the growth investor One Peak, with Morgan Stanley Expansion Capital and existing backers Zeev Ventures, Angular Ventures, Heavybit, and Jibe also taking part. The round brings the company’s total […]

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Freehand raises $75M to put AI agents in charge of supply-chain spend

The startup, whose agents negotiate and pay across procurement for the likes of Unilever and Pfizer, is betting enterprises want software that acts, not software that suggests. Freehand, a startup whose AI agents take over the grunt work of managing what large companies spend on their supply chains, has raised $75 million. The round is […]

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Modus Raises $10M Seed Led by Insight Partners as Enterprise AI Creates Demand for a New Context Layer

The enterprise AI market is moving into a new phase. As companies shift from experimenting with individual AI applications to deploying agents across business operations, the challenge is increasingly less about giving models access to information and more about helping them understand which information actually matters. That is the problem Modus is targeting as it […]

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The man who coined ‘agentic AI’ is betting it won’t take your job

Andrew Ng helped give the AI industry its vocabulary, from “AI is the new electricity” to “agentic AI.” His new company bets against the phrase everyone else is using: that AI will take your job. Ng has founded LearnVector, an AI-native learning startup, and Coursera is backing it with $100m, first reported by Axios. The […]

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The Italian state just backed €500m for the company that owns AOL

Bending Spoons has agreed a €500m loan facility guaranteed by the Italian state. The guarantee comes from SACE, Italy’s export credit agency, which is wholly owned by the Ministry of Economy and Finance. HSBC Continental Europe, Intesa Sanpaolo and BPER Banca arranged the facility, which matures in March 2031. The Milan company will use the […]

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Only 27% of US hospitals can run an EEG. Epitel raised $26m for the rest

Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distribution rather than research. The gap it is aiming at One […]

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