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Recent Blog
Part of a sponsored news article post on remote workers Before the pandemic hit, I worked for a couple of companies that required working from home two days a week due to a shortage of desks. Unsurprisingly, Mondays and Fridays were particularly desirable (and there was a separate rota for those two days) and failing […]
World Economic Forum members participating in the organisation’s Global Risks Perception Survey (GRPS) were asked to identify risks which will become critical threats to the world. The results were published in the institution’s Global Risks Report 2021. And, in order of severity, the following themes were singled-out as threats that could occur within the next […]
This week, we start with news that Postgres development platform Supabase has raised USD 100mn for its series E round led by Accel and Peak XV, valuing the development platform at at USD 5bn. This round comes four months after its series D round. You can read our full article here. In other news:
Supabase has raised USD 100mn in a Series E funding round led by Accel and Peak XV, valuing the Postgres development platform at USD 5bn. Figma Ventures and other existing investors also participated, taking the company’s total funding to more than USD 500mn. The round follows Supabase’s Series D four months earlier and will support […]
n8n has raised USD 180mn in Series C funding, bringing its total funding to USD 240mn and valuing the company at USD 2.5bn. The round was led by Accel, with participation from Meritech, Redpoint, Evantic and Visionaries Club. Corporate investors NVentures, the venture arm of NVIDIA, and T.Capital also joined the round, alongside follow-on investments […]
This week, we start with news that n8n has raised USD 180mn in Series C funding, bringing its total funding to USD 240mn and valuing the company at USD 2.5bn. The round was led by Accel, with participation from Meritech, Redpoint, Evantic and Visionaries Club. Corporate investors NVentures, the venture arm of NVIDIA, and T.Capital […]
We lead this week with news that Campfire, an AI-native ERP company, has raised USD 65mn for its Series B round twelve weeks after raising its USD 35mn Series A round. The second round was co-led by Accel and Ribbit with continued support from Foundation Capital, Y Combinator and angel investors. In an area dominated […]
We lead this week with news that Hyro has raised USD 45mn in a strategic growth round led by Healthier Capital, with participation from Norwest, Define Ventures and existing investors. Bon Secours Mercy Health and ServiceNow Ventures also joined as strategic investors.Proceeds will accelerate development of Hyro’s administrative, operational and clinical AI agents that support […]
Arya Health completes $18.2mn Series A round ACME Capital has led the USD 18.2mn Series A round of funding for Arya Health, an AI company that is helping home health and post-acute care providers to automate scheduling compliance and other administrative operations. Other investors were Ridge Ventures, Twelve Below, leading post-acute care providers and executives […]
We wrap up the week with Arya Health’s $18.2mn Series A round, which it plans to use to expand its product suite and hire more staff in response to market demand, which has resulted in revenue growth of more than 6x this year.The company is responding to two key issues—industry pressure from regulatory changes, wage […]
Metropolis Technologies raises $1.6bn to fund expansion Metropolis Technologies, a company applying artificial intelligence to real-world infrastructure, has raised USD 1.6bn through a mix of debt and equity to support its next growth phase. The capitalisation includes a USD 1.1bn Term Loan B arranged by JPMorgan Chase Bank and a USD 500mn Series D funding […]
We wrap the week up with news Metropolis Technologies, a company applying artificial intelligence to real-world infrastructure, has raised USD 1.6bn through a mix of debt and equity to support its next growth phase. The capitalisation includes a USD 1.1bn Term Loan B arranged by JPMorgan Chase Bank and a USD 500mn Series D funding […]
Decisions and ProcessMaker target the BOAT market Decisions and ProcessMaker have merged to create a global provider of business orchestration and automation technologies, combining AI process orchestration, automation and discovery under a single platform. The merger brings together ProcessMaker’s low-code workflow and intelligent document processing expertise with Decisions’ rules engine, process orchestration and case management […]
WisdomAI, an AI and business intelligence company, which has raised USD 50mn for its Series A round leads the week’s news round up. The round was led by Kleiner Perkins with participation from new investor NVentures and existing investors Coatue, Latitude Capital, Madrona, GTM Capital, Menlo Ventures, and U First Capital. The round brings the […]
Exciting times for AI applications for comms professionals Spotlight on comms We were pleased to read the outcomes of the 5th Annual HarrisX & Ragan Survey of Communications Leaders. The survey sampled a total of 400 individuals, of which 125 were CEOs and 275 communications leaders. The survey shows the industry is at an inflexion point, […]
AKA Foods has raised USD 17.2mn in seed funding led by AI experts and entrepreneurs Alex and Michael Bronstein to launch AKA Studio, a secure AI system that helps food companies design, optimise and release products more efficiently. The platform integrates a company’s internal research and development data, including experimental measurements of texture, aroma and […]
Hammerhead AI has emerged from stealth with USD 10mn in seed funding to accelerate product development, scale global deployments and deepen its ties with infrastructure OEMs and AI factory operators. The oversubscribed round was led by Buoyant Ventures, with participation from SE Ventures, AINA Climate AI Ventures, MCJ Collective, WovenEarth Ventures, Bombellii Ventures, Clearvision Ventures, […]
Korea Investment Partners has led a USD 10mn Series A funding round for Redrob, an AI research startup. The funding will expand the platform globally, accelerate U.S. enterprise sales and continue to offer free access for students in emerging markets. Redrob offers enterprise-grade AI capabilities at a fraction of the cost for emerging markets and […]
Canadian provider of digital supply chain solutions for commodity markets Minehub has bought Jules AI from Toronto-based incubator Nyteco Inc. The cash and share deal comprises USD 469,806 cash, payable in two installments (USD 227,034 on closing and USD 242,772 to be completed in December 2025), and by issuing Nyteco with 2,550,960 shares at CAD […]
The efficient use of available power continues to be a key issue impacting both colocation providers and hyperscalers who typically run at between 30-50% utilization simply because they cannot source enough power. So this week, we lead with news that Hammerhead AI has emerged from stealth with USD 10mn in seed funding to support AI […]
TLDR: DeepL, has released the results of a survey comprising 5,000 executives in the United States, United Kingdom, France, Germany and Japan about how AI and AI agents will shape the workplace next year. Let’s dig in. AI will be the primary agent of business growth. We’ll start with the most controversial aspect of AI, […]
What has been achieved this year? In our second survey results review before the year’s end, we consider Apryse’s survey of 465 organizations across North America, Europe, Australia and New Zealand. The global survey focuses on AI adoption and document infrastructure; however, our interest lies in scalability issues surrounding data quality.But first, some background.At a […]
We start our wrap with the announcement that Confluent, an open-source enterprise data streaming platform, has been bought by IBM for USD 31 per share, which represents an enterprise value of USD 11bn. Confluent connects, processes and governs reusable and reliable data and events in real time – attributes that are foundational to deploying AI. […]
Why AI models aren’t the issue – data structure is In our third survey results review before the year’s end, we consider the results of a CData study, which finds that only 6% of participants believe their data infrastructure is AI ready and the key reason for this low figure is a disconnect between data infrastructure […]
From proof of concept to scaling – the agentic reality check Deloitte has released the 17th edition of Tech Trends, its annual survey that tracks the important changes in technology. This year’s survey focuses on five trends but for our purpose, we will focus on one—the agentic reality check. The new workforce This section starts […]
Our latest review of AI adoption surveys/reports is from Deloitte, which this week published the 17th edition of its annual Tech Trends. This year, the report covers five trends but we have focused on one—the agentic reality check. Agentic AI is no longer just a proof of concept, it has evolved. And while that is […]
This week, we lead with MoEngage raising an additional USD 180mn as part of its Series F round. This latest investment was led by new investors ChrysCapital and Dragon Funds, alongside Schroders Capital. Existing investors TR Capital and B Capital also participated. This additional capital will be used to accelerate the development of the Merlin […]
Future-ready finance survey With every end of year AI survey, we’ve always tried to highlight a unique insight it brings. So far, we have covered pre-processing technologies to rationalize data and discussed the barriers to large-scale adoption. Every so often, these surveys mention a lack of skills without going into any detail about which skills […]
News review: Wk 4 December As the year draws to a close, we are somewhat light on fundraising and AI news but have found an AI review on healthcare. This time it is the result of a survey released by Carta Healthcare, a company that provides AI-powered clinical data abstraction solutions, and conducted by Reaction […]
What does PwC’s 29th Global CEO Survey tell us about AI adoption? On the 19th of this month, PwC published the results of its global CEO survey. The report entitled Leading through uncertainty in the age of AI, provides insight into how CEOs are thinking about and using the technology.The survey interviews 4,454 CEOs in […]
Take2 has raised USD 14mn for its Series A round led by Human Capital. Other investors participating in the round are Bertelsmann Healthcare Investments, Reach Capital, SemperVirens VC and Honeystone Ventures. With healthcare hiring at breaking point, one in three new jobs in the U.S. is in the sector, healthcare turnover exceeds 50% and vacancy […]
We lead this week with news that Circuit, an Austin-based company building an AI platform for manufacturing and service organizations, has raised USD 30mn from individual investors. A wave of retirements combined with increased complexity in the ways manufacturing and service teams operates means that institutional knowledge is often in the heads of individuals who […]
We lead this week with news that FirmPilot has closed an oversubscribed $22M Series A-1 to scale its AI-Powered Legal Marketing Platform to accelerate product development and market expansion. Specifically, the new funding will fuel two product initiatives, the first is a next-generation AI model that enables deeper content creation, smarter marketing tactics and faster […]
Procode AI launches with $4mn and acquisition of The Auctus Group Procode AI, an artificial intelligence-powered revenue cycle management (RCM) company, has launched from stealth with USD 4mn in funding and the acquisition of The Auctus Group, a billing firm serving plastic surgeons and dermatologists across the US. The funding round was led by Story […]
This week, we lead with news that Sage, an integrated care platform for senior living and skilled nursing, has raised a USD 65mn Series C equity round to replace fragmented, reactive infrastructure with an AI-powered platform. The round was led by Growth Equity at Goldman Sachs Alternatives with participation from existing investors IVP and Goldcrest. […]
This week, we lead with news that Nitra, an AI-native healthcare platform, has secured USD 187mn in financing across Series A, Series B, venture debt and a warehouse facility. The financing comprises USD 72mn of new equity (a USD 50mn Series B round and a USD 22mn Series A round in August last year) from […]
This week, we lead with news that Samaipata Partners has launched Samaipata II, a EUR 110mn fund that will back Europe’s builders in the age of AI as companies continue to reap multiple benefits such as compressing development cycles, growing with more capital efficiency and launching products with greater technical depth. The fund plans to […]
More often than not, when we cover fundraises in the healthcare space they are predominantly based in the United States. This week is a little different and we lead with the UK, where agentic healthcare platform Flexzo AI has raised GBP 8.9mn (USD 12mn) for its Series A round led by Octopus Ventures and with […]
Towards the end of last year, we covered a series of surveys which identified the main issues preventing AI technologies moving from pilots to being rolled out across organizations. One of the key issues was difficulties in transforming fragmented and unstructured data into AI friendly formats. So this week, we lead with news that C5i, […]
Sift raises $42mn Series B round as AI shift from ‘processing text to controlling physical machines’ This week, we lead with news that @ Sift , a company building the intelligence layer for mission-critical machines, has raised USD 42mn for its Series B round from StepStone, Google Ventures, Riot Ventures, Fika Ventures and CIV. The […]
AI-powered platform Rowan secures $3.3mn in seed funding Rowan, a platform reimagining small business succession, has raised USD 3.3mn for is seed round of funding. As a wave of small businesses come to market as owners reach retirement age and prospective buyers become more sophisticated and have higher expectations, there is a need to ensure […]
Our weekly summary of notable fundraising and AI acquisitions. This week covers procurement, document analysis for the construction sector, decision intelligence and more.
AI-powered solutions company Routeware buys PermiServ Routeware, a company that provides AI-powered solutions for waste and environmental services, has acquired PermiServ, a UK-based company focused on garden waste permit management for local authorities. to give UK local authorities access to AI-driven tools. The deal aims to give UK local authorities access to AI-driven tools as […]
Haast, an AI-powered enterprise compliance engine has raised USD 12mn for its Series A round of funding led by Peak XV Partners. Other investors are DST Global Partners, Airtree, Aura Ventures and Black Sheep Capital. The company will use the funds to accelerate product development, expand its global enterprise footprint and scale its agentic flows. […]
Our weekly summary of notable fundraising and AI acquisitions. This week covers healthcare, enterprise automation, industrial AI and more.
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more Parasail to expand AI Supercloud with Series A round proceeds Parasail, a company building an AI Supercloud, an inference and training platform that deploys and scales AI agents, has raised USD 32mn in its Series A round of funding. The […]
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more Legora announces $50mn extension of Series D round Legal AI company Legora has announced a USD 50m extension of its Series D round of financing, which brings the total round to USD 600mn in equity and values the company at […]
Five effective plays to become AI – first This year’s IBM annual CEO study entitled Rewiring the C-suite: The fast track to 2030 developed in partnership with Oxford Economics makes five predictions for the future of an organization. In effect, these are five plays CEOs must make to become AI-first.Rethink the C-suite for speed and […]
QIC Ventures leads the way for ProcurePro’s $11mn round One of Australia’s largest sovereign wealth funds and infrastructure asset owner QIC Ventures has led the USD 11mn round for ProcurePro, an AI-powered end-to-end construction procurement platform. Existing investors Airtree and Glitch Capital participated in the round alongside Bouygues (through its VC fund managed by ISAI). […]
Lexroom completes Series B round at $50mn Lexroom, a LegalTech company based in Italy, has raised USD 50mn for its Series B round led by Left Lane Capital with participation from Base10 Partners, Eurazeo, Acurio Ventures and existing investors. According to our proprietary data, LegalTech continues to be one of the most heavily invested sectors […]
We lead this week with Global Clean Energy’s acquisition of AI for Natural Disasters, a company that builds artificial intelligence tools for disaster prediction, monitoring and response. The deal expands GCEI’s position in applied AI markets where speed, accuracy and decision support can directly affect public safety, infrastructure protection and response outcomes. It further reflects […]
Clear Robotics raises $1.75mn pre-Series A to expand autonomous vessel fleet Clear Robotics, an Indian maritime technology company operating a fleet of all-electric autonomous vessels, has closed a USD 1.75mn pre-Series A round led by Shipsfocus Ventures, with follow-on investment from Katapult Ocean, SGInnovate, M7 Holdings and MGS Ventures. Over the past year, the company […]
Eviny Ventures backs Skyfora in €6.5mn round to deploy telecom networks as weather sensors
NeuralTrust raises $20mn Seed led by Alstin Capital
Flagright raises $12.5mn for AI operating system financial crime compliance
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more
Takt set for Europe, Asia-Pacific expansion with $9.25mn Series A round
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more
Cherubic closes sixth fund at $68.88mn, taking assets past $500mn Cherubic Ventures has closed its sixth fund at USD 68.88mn, taking assets under management across its six funds beyond USD 500mn. Fund VI keeps the firm’s early-stage focus, backing AI-native companies across infrastructure, developer tools, enterprise software, healthcare, physical AI and robotics. Holdings include Sudo […]
Norbert Health raises $14mn for autonomous robotic nursing assistants Norbert Health, a physical AI control system that turns robotic hardware platforms into autonomous nursing assistants, has raised USD 14mn for its Series A round supported by William A. Marino with Cardinal Group, with participation from Exor Seeds, CareIT, and angel investors including Alexis Le-Quoc and […]
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more
Briefing AI is live! Built for communications, IR and external affairs teams. Find out more
Tandem Health has closed a USD 100mn Series B from the Scaleup Europe Fund, managed by EQT, alongside existing investors Kinnevik, Northzone, Amino Collective and Visionaries. It is the first healthcare AI company the fund has backed. The capital will accelerate the adoption of AI across European healthcare, taking the company from an AI Medical […]
