Investors and funding

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a16z is betting $38M that you want an AI ‘teammate’, not another agent

The word “agent” is everywhere in enterprise software right now, which is exactly why Convey does not want to use it. The startup has raised a $38mn Series A led by Andreessen Horowitz, with Khosla Ventures and Pear VC joining. Its pitch is a deliberate rebrand: not AI agents that complete tasks, but AI “teammates” […]

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SAP just funded a startup built to help its own customers escape SAP

There is an unglamorous deadline bearing down on corporate IT, and it has just produced one of London’s more interesting AI raises. Conduct, a 35-person startup founded by three former Palantir engineers, has raised a $60mn Series A co-led by Index Ventures and ICONIQ, with SAP itself investing. The round takes its total funding to […]

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A startup that builds offensive cyber weapons just became a $1bn unicorn

Most cybersecurity startups sell shields. Twenty sells the sword, and investors just valued that at $1bn. The company, which describes itself as America’s first venture-backed cyber warfare firm, has raised a $100mn Series B led by Accel, Axios reported. The round, with Point72 Ventures, Caffeinated Capital and Friends & Family Capital also taking part, brings […]

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Odyssey took Nvidia’s money. Now it’s raised $310M betting on Amazon and AMD

Odyssey, an AI lab building real-time ‘world models’, has raised $310mn at a $1.45bn valuation. The more telling number is whose names are on the round. The Series B was led by Natural Capital, with Amazon, AMD Ventures, Google’s GV, EQT and the CIA-linked fund In-Q-Tel taking part. As part of the deal, AWS becomes […]

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Everlab raises AU$65m to turn primary care from treatment to prevention

The Melbourne healthtech’s oversubscribed Series A, led by Airtree, funds a move into the UK and a pitch to coordinate a patient’s health data over a lifetime rather than a single appointment. Most healthcare systems are built to wait. They are organised around the moment something goes wrong, the appointment booked because a symptom appeared, […]

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Genesis AI thinks the humanoid hype is wrong. Its wheeled robot is the counterargument.

On Tuesday, while the robotics industry continued pouring billions into machines that walk like humans, a startup called Genesis AI unveiled one that deliberately does not. Eno is a wheeled robot with a foldable tower, dexterous hands, and a foundation model its creators say gives it human-level manipulation. It is a pointed rejection of the industry’s […]

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The team that built Microsoft’s Security Copilot just raised $100M to stop attacks before they happen

For most of the past decade, the security industry quietly gave up on prevention. Breaches were treated as inevitable, and the money went into detecting and cleaning up the mess afterwards. A new startup from two veterans of that industry says AI has made stopping the attack in the first place possible again, and investors […]

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This two-year-old startup already programs Blue Origin’s rockets. It just raised $20M.

The hottest pitch in AI right now is not another chatbot. It is software that can run the machines on a factory floor, and a two-year-old Israeli startup has just raised $20m on the strength of programming parts for Jeff Bezos’s rockets. Limitless Labs, formerly LimitlessCNC, closed a $20m Series A co-led by Dell Technologies […]

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This two-year-old startup already programs Blue Origin’s rockets. It just raised $20M. Read More »

This Swedish startup doesn’t want to give patent lawyers AI tools. It wants to replace them.

A Swedish startup wants to do to patent attorneys what Harvey and Legora are doing to corporate lawyers, except it is not trying to give them better tools. It wants to replace them. Lightbringer has raised $10m (€8.6m) in a Series A to take its self-styled ‘AI-native patent firm’ into the United States, the world’s […]

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This Swedish startup doesn’t want to give patent lawyers AI tools. It wants to replace them. Read More »

This a16z-backed startup says the fix for AI errors is a weaker model, not a smarter one

Most of the AI industry is trying to fix hallucinations by building bigger, smarter models. A startup called Probably is betting on the opposite. The company has raised $9m in a seed round co-led by Andreessen Horowitz and Accel, with Tokyo Black and Vermilion Cliffs Ventures, to catch AI’s factual errors before they ever reach […]

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