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 have done the work for decades and in scattered documentation and legacy systems. Furthermore, the problem is not solved by general-purpose AI. Circuit’s platform addresses this by connecting directly to ERPs, quoting tools and CRMs, and extracting information from its existing location. Teams can then describe job requirements or field conditions in plain language, and the platform applies proprietary reasoning to interpret configuration logic, compatibility rules and technical dependencies.

Other news making the headines:

• Cogent Security raises $42mn Series A round
  Cogent Security, an applied AI lab building autonomous agents that close the execution gap in cybersecurity, has completed a USD 42mn Series A round of funding led by Bain Capital Ventures with participation from existing investor Greylock Partners and Definition. The round also attracted executives from OpenAI, Abnormal Security and Datadog. With the new funding, the company plans to accelerate product development, expand enterprise deployments and continue to build agentic security systems. This latest round of investment brings the total raised to USD 53mn just six months after its inception.
• Ten63 Therapeutics closes $45mn round for next-generation AI drug discovery
  Ten63 Therapeutics, an AI drug discovery platform, has raised USD 45mn from new investors Chugai Venture Fund, the Gates Foundation, RYSE, K5 Global, SF Holdings, Duke Capital Partners, Cape Fear BioCapital, Black Opal Ventures and Panorama. Investors from Ten63’s existing syndicate Hatteras Venture Partners, Yosemite, Morpheus Ventures, Alexandria Venture Investments and Draper Associates also participated in the round. The company will use the funding to advance its proprietary computational drug discovery platform BEYOND.
• Procurement Sciences acquires Rogue AI
  Procurement Sciences, an end-to-end AI growth platform for government contractors has bought Rogue AI, an AI-native proposal and workflow automation platform for the government contracting industry. The transaction combines Rogue’s proposal drafting and workflow capabilities with Procurement Sciences’ comprehensive platform and customer service to create a platform that can support government contractors throughout the contracting lifecycle.
• Adronite concludes $5mn Series A round
  Adronite has raised a USD 5mn Series A round of funding led by Gatemore Capital Management. The investment will support the company’s continued product development and commercial expansion as it continues to scale deployments across regulated and complex enterprise environments.
  Adronite is an AI-powered platform with codebase intelligence technology that enables organizations to understand, secure and safely evolve large, complex software systems.
• Software company Didero raises $30mn Series A round
  Didero has raised USD 30mn co-led by Chemistry and Headline with participation from M12, Microsoft’s venture fund. The funding will support product development and go-to-market expansion as manufacturers and distributors use the procurement software company to reduce manual work, improve visibility and operate more resilient global supply chains. The company deploys AI Agents that operate inside existing systems and communications. These agents build contextual understanding of products, pricing, policies and historical order data and within weeks take on core procurement workflows such as communication, order tracking and exception handling.
• Hubbl Technologies raises $6mn Series A round of funding
  Hubbl Technologies has raised USD 6mn for its Series A round of funding led by Salesforce Ventures with participation from Industry Ventures. Generative AI pilots fail to deliver business value due to a lack of context—the competitive advantage that will enable enterprises to unlock the full value of the systems they’ve spent years building. This intelligence layer is what Hubbl Technologies is building and the startup will use the funds to expand its ability to deliver contextual intelligence to enterprises that are navigating to the shift to AI-driven business operations.
• Revenue execution platform WINN.AI raises $18mn Series A round
  WINN.AI, a real-time revenue execution platform has raised USD 18mn for its Series A round led by Insight Partners, Mangusta Capital and S Capital. Other investors were Moneta, Highsage, Alumni Ventures, Sarona Ventures and OurCrowd.  The Series A will fund U.S. market expansion and continued product development.
• Circit completes $22mn growth equity round
  Circit has completed a USD 22mn growth equity funding round led by Ten Coves Capital to support the company’s continued growth and expansion in the U.S. Existing investors Aquiline and MiddleGame Ventures also participated in the round. The audit confirmation and financial verification platform will use the funding to invest in product innovation, including AI-powered workflows, deepen bank API connectivity and scale go-to-market and customer success teams with a focus on the US. It also plans to double the Circit team over the next two years.