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Heidi raises $340m and doubles its valuation to $900m

From the day I started Heidi, the ambition was always bigger than writing doctor’s notes. Dr Thomas Kelly said that on Tuesday, as the company he cofounded announced US$340m of new funding. The money arrives in two parts. In its announcement, Heidi said Blackbird led a US$100m Series C that values the Melbourne company at […]

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Cyera has now raised $1.4bn this year to police AI agents

They need to trust what AI agents can see and do before they can scale them. Yotam Segev said that on Tuesday, about what the Global 2000 keeps telling his company. The Cyera cofounder and chief executive was announcing a $400m investment from Growth Equity at Goldman Sachs Alternatives. The money extends Cyera’s Series G, […]

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The fastest-adopted model on Vercel this year cannot write a word

We have lightning in a bottle, and yet it is not useful. Diogo Almeida helped build ChatGPT. He worked on the instruction-following research behind it at OpenAI, and the four years since have left him disappointed by what it became, as he told TechCrunch last week. His answer is a model that cannot write a […]

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EWOR names a San Francisco team as US applications surge 237%

EWOR, a founder fellowship harder to get into than Y Combinator, has named a senior leadership team in San Francisco. The appointments follow a record year of US applications, up 237% in twelve months. The team comprises Charles Ferguson, the Oscar-winning filmmaker who sold FrontPage to Microsoft. He invested early in Etched, Perplexity, CopilotKit, and […]

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Corridor launches with $25m to fix health benefits for small businesses

“For decades, small businesses have been sold the leftovers of the health insurance market,” said Nikhil Aggarwal, chief executive and co-founder of Corridor. His company launched its AI benefits brokerage on Monday with $25m. Its plan is to change that with agents. Bain Capital Ventures led the round. BoxGroup and Definition Capital took part. So […]

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Amber Electric raises €49m to take home battery automation to Europe

“We’ve built a leading energy automation platform in Australia, and this investment gives us the backing to build on that leadership globally,” said Chris Thompson, co-founder of Amber Electric. The Melbourne company has raised €49m in a Series E round, Morgan Stanley Investment Management said on Monday. 1GT led the round. It is the private […]

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Bending Spoons opens a Warsaw office after 50,000 Polish applications

“We’ve received around 50,000 applications from Poland so far this year, more than twice as many as the whole of 2025,” said Andrea Maiorana, Bending Spoons’ talent data lead. The Milan company said on Monday that it has opened an office in Warsaw. It is the company’s fourth office in Europe. The others are its […]

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London’s Unit1 raises £20M to take avatar concerts on tour

Unit1 Studio has raised £20M to stage concerts performed by digital recreations of musicians, in an oversubscribed round led by Balderton Capital. The company was founded in February 2025 and is based in Tileyard, north London. The money comes as a mix of equity and production financing, with Mercuri, Gilston Music, Paul McGuinness, who managed […]

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Freehand names Krshna Prashant as first marketing lead

Freehand is the company whose autonomous AI Teams manage supply-chain spend for Fortune 500 enterprises. It has announced the appointment of Krshna Prashant as its first Marketing Lead. She is the company’s first marketing hire in the United States. The appointment comes weeks after Freehand raised $75 million in funding. Battery Ventures and NewRoad Capital […]

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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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