Startups and technology

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Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI

Cognition AI has raised more than $1 billion in new funding at a $26 billion valuation, more than doubling its worth since a September round that valued the company at $10.2 billion. The round was co-led by Lux Capital, General Catalyst, and 8VC, with participation from Ribbit Capital, Atreides Management, and Peter Thiel’s Founders Fund. […]

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Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI Read More »

Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon

Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Founders Fund, Kleiner Perkins, Franklin Templeton, Baillie Gifford, G Squared, and Bond. The funding doubles Stord’s valuation […]

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Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon Read More »

SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table

SPARQ, a UAE-based startup building what it calls an AI-native game engine, has opened an $8.5m seed round with early participation from the a16z Scout Fund, the vehicle Andreessen Horowitz uses to back early-stage deals through external scouts. The cheque size from the scout fund was not disclosed; typical a16z scout deals run between $10,000 and […]

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SPARQ opens $8.5M seed round for AI-native game engine, with a16z’s scout fund on the cap table Read More »

Avrea raises $4.7M to fix CI/CD before AI coding breaks it

The Helsinki startup, founded by Aiven’s Hannu Valtonen and Nosto’s Juha Valvanne, is betting that AI-generated code will overwhelm existing build pipelines. Helsinki startup Avrea emerged from stealth on Tuesday with $4.7m in pre-seed funding led by Earlybird, pitching itself as a faster, AI-aware alternative to GitHub Actions for engineering teams that have started generating code faster than […]

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Avrea raises $4.7M to fix CI/CD before AI coding breaks it Read More »

Paris preventive-health startup Lucis raises $20M Series A four months after seed

Paris-based Lucis, a preventive-health platform that pairs blood biomarker testing with an AI-driven companion app, has raised a $20m Series A led by Singular, with participation from General Catalyst, Y Combinator and angel investors including Céline Lazorthes of Resilience, Manu Lecomte, and backers of the running-coach app Runna. The round arrives four months after the company’s $8.5m seed in […]

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Paris preventive-health startup Lucis raises $20M Series A four months after seed Read More »

Finland’s Quanscient raises €10M to build a quantum- and AI-native simulation platform

The Tampere startup wants to rebuild physics simulation as the data engine for AI-driven hardware design. Tampere-based Quanscient has closed a €10 million Series A to scale its cloud-based multiphysics simulation platform, in a round led by Danish quantum fund 55 North and Austrian industrial investor B&C Group, with full re-participation from existing backers Maki.vc, Crowberry Capital, QAI Ventures, […]

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Finland’s Quanscient raises €10M to build a quantum- and AI-native simulation platform Read More »

PerPlant raises €1M to put AI cameras on tractors, and 200,000 hectares in the bank

The Copenhagen agtech has already mapped nine times more European farmland than every Danish agricultural drone combined. Two well-known Nordic investors want the United States next. The pitch behind PerPlant is one a farmer can grasp in a sentence: a box on the roof of the tractor, a camera looking at the field, an AI deciding which […]

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PerPlant raises €1M to put AI cameras on tractors, and 200,000 hectares in the bank Read More »

Austrian startup REPS raises $23.6m to turn road traffic into electricity

Tyrol-based REPS has plugged its first “road power plant” into the Port of Hamburg. The next test is whether the economics survive contact with anywhere else. Tyrol-based REPS has raised $23.6m to scale a technology with an unusually literal premise: install a slab into a road, let trucks drive over it, harvest the energy they would otherwise […]

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Austrian startup REPS raises $23.6m to turn road traffic into electricity Read More »

Pivot raises $40m Series B to pitch an agentic-AI procurement OS at the enterprises legacy software has not fixed

The Paris and New York-based start-up, founded in 2023, will use the new capital to deepen ERP integrations and push its agentic procurement platform into more enterprise environments. DoorDash, Lemonade and Flix are already on the customer list; $3bn in invoices already run through the system annually. Pivot, the Paris and New York-based procurement-software start-up, […]

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Pivot raises $40m Series B to pitch an agentic-AI procurement OS at the enterprises legacy software has not fixed Read More »

Primer secures $100M Series C to fuel US expansion and autonomous AI payments

Primer, a London-based payment startup, has announced a €86.2 million Series C funding round to expand its AI payments and finance platform. The capital will also support its market development in the US, where the company plans to grow revenue to more than a third of total revenue by 2028, supported by plans to hire […]

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Primer secures $100M Series C to fuel US expansion and autonomous AI payments Read More »

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