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Find out more- Callosum announces $100mn Seed round
Callosum has raised USD 100mn for its Seed round of funding led by Atomico and with significant participation from the UK Sovereign AI Fund, Plural, DCVC and other investors to build the platform that unifies new models and chips, each specialised for something different. This approach aligns with the company’s belief that in the next decade, conversations will not be about which models are better but which combinations of models, and on which silicon together solve my problem under constratins and speed. - OpenRouter, the “Stripe for LLMs” acquired by Stripe
OpenRouter, an AI model gateway and routing platform, has been bought by Stripe for a reported USD 7.5bn. The company which is referred to as ‘the Stripe for LLMs, helps businesses route and optimize token use across 400+ models from more than 80 providers. OpenRouter, which is based in New York, raised USD 153mn in two funding rounds. - Frontier AI lab for national security Smack raises $61mn Series B round
Smack, a US-based frontier lab for national security, has raised USD 61mn for its Series B round of funding to enable the company to build the proprietary hardware necessary to deploy its tactical AI platform, Alpha. The round was led by Costanoa Ventures and First In, with participation from Point72 Ventures, Geodesic Capital, Nomi Capital, Felicis, Sapphire Ventures, Scribble Ventures, Fortitude Ventures, Bloomberg Beta, and Palumni VC. The round brings Smack’s total capital raised to over USD 90mn.
About Smack
Smack Technologies describes itself as first frontier AI lab built for national security. The company’s products, Omega and Alpha, are designed to cut across decision-making silos within the DoW. - Xpander secures $7.5mn to help enterprises overcome the challenges of becoming AI native
Xpander has raised USD 7.5mn for its Seed round led by Pico Venture Partners and with participation from Emerge Ventures, Samsung Next and SeedIL. The funding will go towards accelerating the company’s market penetration with its turnkey, vendor-neutral, all-in-one AI enablement platform. It has also introduced Omni, its flagship agentic forward deployed engineer to enable enterprises achieve full flexibility with AI, whether in terms of creating an AI teammate for every employee or enable every team to build its own agent.