Investors and funding

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Ex-Palantir engineers raise $600m to take on US health insurers

“We did not set out to build another health insurance company,” said Ty Wang, co-founder and chief executive of Angle Health. The aim, he told the Wall Street Journal, was to stop “this kind of death spiral of cost within our healthcare system.” His company has just raised $600m at a $2.7bn valuation. Vitruvian Partners […]

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Raindrop hits $50m in funding to catch AI agents failing in production

“Agents now run for hours, call thousands of tools, and handle real money, real health data, and real customers,” said Zubin Koticha, chief executive of Raindrop. “When an agent fails, it does the wrong thing convincingly at scale until someone happens to notice.” Raindrop has raised a Series A led by CRV. That takes total […]

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Crusoe raises $3.9bn and starts trucking data centres to spare power

“Getting there means controlling the infrastructure from electrons to tokens,” said Chase Lochmiller, co-founder and chief executive of Crusoe. He was describing what he called an era of abundance brought by AI. The Denver company announced the initial closing of a $3.9bn Series F on 17 September, in a statement. It puts the post-money valuation […]

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Comp AI raises $34m to turn compliance into continuous monitoring

“Security software shouldn’t just track the work. It should understand the business, perform the work, and act as risk changes,” said Lewis Carhart, chief executive and co-founder of Comp AI. The Miami company has raised a $34m Series A led by Roo Capital and Grand Ventures, it announced on 17 September. It has raised $37.5m […]

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Treble raises $18m to give physical AI a sense of hearing

“AI models and devices that perform well in a laboratory can struggle when they encounter reverberation, background noise, or an unfamiliar physical environment,” said Finnur Pind, co-founder and chief executive of Treble Technologies. The Reykjavík company has raised $18m, about €15m, in a Series A-2 round, it announced on 17 September. Paladin Capital Group led […]

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Factory raises $200M at a $5B valuation for its AI coding agents

“Across the world’s largest enterprises, we are seeing a move from individual coding agents to software factories that serve as the core foundation from which an entire software company operates,” said Matan Grinberg, co-founder and CEO of Factory. The San Francisco company has raised $200 million at a $5 billion valuation, it said in a […]

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Former DeepMind world-model researchers’ startup Emulate in talks to raise $700M

Emulate, a UK AI startup founded by former Google DeepMind researchers, is in advanced talks to raise up to $700mn in a seed round, the Financial Times reported on Thursday. Both the FT and Bloomberg report that Index Ventures and Lightspeed Venture Partners will lead the round, with Creandum also participating. The two outlets provided different […]

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Magentic raises $18M to put AI agents to work in manufacturers’ supply chains

The London-based Magentic, a start-up building AI agents for procurement and supply chain teams at large manufacturers, has raised $18M in a Series A round today, led by Felicis. Sequoia Capital and The Westly Group, which were existing investors, also took part. Also, this round comes a year after the company launched in July 2025, […]

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EU-backed Scaleup Europe Fund in talks to invest in ElevenLabs

The Scaleup Europe Fund, a €5bn growth fund backed by the European Commission, is in discussions to invest in the voice AI company ElevenLabs, according to Bloomberg. The report says ElevenLabs aims to raise over $500 million in this funding round. Talks are ongoing, and there is no guarantee a deal will happen, according to […]

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Arcee AI built Trinity for about $20m, and investors now value it at $1bn+

“Organizations should not have to choose between the capabilities of a frontier model and the ability to control the technology at the center of their work,” said Mark McQuade, co-founder and chief executive of Arcee AI. The San Francisco company builds open-weight AI models. It has raised a Series B round that values it at […]

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