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Modal Labs in Talks for Funding Round Valued at $2.5 Billion

Modal Labs in Talks for Funding Round Valued at $2.5 Billion
Modal Labs, an AI inference infrastructure startup, is in early discussions with venture capital firms about a new financing round that could value the company at roughly $2.5 billion. If completed, the round would more than double the $1.1 billion valuation reported less than five months earlier. The company’s annualized revenue run rate is about $50 million. Co‑founder and CEO Erik Bernhardsson said the conversations are general and not an active fundraising effort. Existing backers include Lux Capital and Redpoint Ventures, while General Catalyst is reportedly considering leading the round. Leia mais →

AI Security Startup Outtake Secures $40 Million Series B Backed by Tech Titans

AI Security Startup Outtake Secures $40 Million Series B Backed by Tech Titans
Outtake, an AI‑driven cybersecurity startup that automates the detection and takedown of digital identity fraud, has closed a $40 million Series B round. The round was led by Iconiq’s Murali Joshi and featured angels including Microsoft CEO Satya Nadella, Palo Alto Networks CEO Nikesh Arora, Pershing Square CEO Bill Ackman, Palantir CTO Shyam Sankar, Anduril co‑founder Trae Stephens, former OpenAI VP Bob McGrew, Vercel CEO Guillermo Rauch, and former AT&T CEO John Donovan. Founded in 2023 by former Palantir engineer Alex Dhillon, Outtake counts OpenAI, Pershing Square, AppLovin and federal agencies among its customers and reports rapid revenue and customer growth. Leia mais →

Chai Discovery Secures $130 Million Series B, Valued at $1.3 B

Chai Discovery Secures $130 Million Series B, Valued at $1.3 B
Chai Discovery, an AI‑driven biotech startup backed by OpenAI, announced a $130 million Series B financing round that lifts its valuation to $1.3 billion. The round was led by General Catalyst and Oak HC/FT, with participation from Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite venture fund, Lachy Groom, SV Angel, Glade Brook and Emerson Collective. The new capital brings the company’s total funding to over $225 million. Chai’s platform, now in its second generation (Chai 2), aims to accelerate drug discovery by using foundation models to design molecules and de‑novo antibodies, positioning the firm as a leading player in AI‑enabled biotech. Leia mais →

Sakana AI Secures $135M Series B Funding to Accelerate Japanese-Language AI Development

Sakana AI Secures $135M Series B Funding to Accelerate Japanese-Language AI Development
Tokyo‑based Sakana AI announced a ¥20 billion (approximately $135 million) Series B financing round that values the startup at $2.65 billion. Led by a mix of Japanese financial institutions and global venture firms, the round will fund further research and development of generative AI models optimized for the Japanese language, expand engineering and sales teams, and broaden the company’s enterprise reach beyond finance into industrial, manufacturing, government, defense and intelligence sectors. Founder‑CEO David Ha highlighted plans to pursue strategic partnerships, investments and acquisitions to sustain long‑term growth. Leia mais →

Gamma Secures $68 Million Series B, Hits $2.1 B Valuation and $100 Million ARR

Gamma Secures $68 Million Series B, Hits $2.1 B Valuation and $100 Million ARR
Gamma, the AI‑powered platform that creates presentations, websites and social media posts, announced a $68 million Series B round that lifts its valuation to $2.1 billion. Led by Andreessen Horowitz, the round also includes participation from Accel, Uncork Capital and other existing investors. Co‑founder and CEO Grant Lee said the company has reached $100 million in annual recurring revenue on a profitable basis and now serves roughly 70 million users. The funding will support further product development and global expansion. Leia mais →

Sesame AI Startup Raises $250 Million Series B, Opens Beta for Smart‑Glasses Companion

Sesame AI Startup Raises $250 Million Series B, Opens Beta for Smart‑Glasses Companion
Sesame, a conversational AI and smart‑glasses startup founded by former Oculus executives, announced a $250 million Series B financing round. The company is now opening an early beta of its iOS app, giving select users hands‑on experience with its voice‑driven AI agent. Sesame’s leadership team includes Brendan Iribe, Ankit Kumar, Nate Mitchell, Hans Hartmann and other former Meta engineers. The funding will support development of lightweight eyewear that integrates the AI companion, which has already generated millions of minutes of conversation in early demos. Leia mais →

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation
Japanese AI SaaS startup LayerX secured a $100 million Series B round led by Technology Cross Ventures, marking the U.S. fund’s first investment in a Japanese startup. The financing, which also included MUFG Bank, Mitsubishi UFJ Innovation Partners and other investors, will fuel growth of LayerX’s AI‑powered platforms that automate expense management, invoice processing and corporate card operations for thousands of companies. Founder Yoshinori Fukushima, a former machine‑learning researcher and serial entrepreneur, aims to broaden the company’s AI‑agent business and accelerate its path toward multi‑billion‑dollar annual recurring revenue. Leia mais →

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics
Human Behavior, founded by 20‑year‑old Amogh Chaturvedi and his 22‑year‑old co‑founders Skyler Ji and Chirag Kawediya, has closed a $5 million seed round backed by General Catalyst, Paul Graham, Vercel Ventures and Y Combinator. The startup leverages vision AI to watch user session replays, automatically generating insights that replace manual event tracking used by tools like Mixpanel and PostHog. Its early customers—fast‑moving Series A and B startups—receive daily summary emails on feature usage, bugs and churn. The founders aim to become the “Datadog of session replay,” expanding the platform into multiple products. Leia mais →

Numeral Raises $35M Series B to Automate Sales Tax with AI

Numeral Raises $35M Series B to Automate Sales Tax with AI
Numeral, a sales‑tax compliance startup founded by Sam Ross, announced a $35 million Series B financing round led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator and Mantis. The funding values the two‑year‑old company at $350 million and will accelerate its AI‑driven platform that automates tax collection, filing and payment for e‑commerce and SaaS businesses across thousands of jurisdictions. Numeral’s growth includes a 3.5‑times revenue increase over the past year and a client base exceeding 2,000 firms, positioning it against incumbents such as Avalara. Leia mais →

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation
Japanese AI SaaS startup LayerX secured a $100 million Series B round led by Technology Cross Ventures, marking the U.S. fund’s first investment in a Japanese startup. The financing, which also included MUFG Bank, Mitsubishi UFJ Innovation Partners and other investors, will fuel growth of LayerX’s AI‑powered platforms that automate expense management, invoice processing and corporate card operations for thousands of companies. Founder Yoshinori Fukushima, a former machine‑learning researcher and serial entrepreneur, aims to broaden the company’s AI‑agent business and accelerate its path toward multi‑billion‑dollar annual recurring revenue. Leia mais →

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation
Japanese AI SaaS startup LayerX secured a $100 million Series B round led by Technology Cross Ventures, marking the U.S. fund’s first investment in a Japanese startup. The financing, which also included MUFG Bank, Mitsubishi UFJ Innovation Partners and other investors, will fuel growth of LayerX’s AI‑powered platforms that automate expense management, invoice processing and corporate card operations for thousands of companies. Founder Yoshinori Fukushima, a former machine‑learning researcher and serial entrepreneur, aims to broaden the company’s AI‑agent business and accelerate its path toward multi‑billion‑dollar annual recurring revenue. Leia mais →

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics
Human Behavior, founded by 20‑year‑old Amogh Chaturvedi and his 22‑year‑old co‑founders Skyler Ji and Chirag Kawediya, has closed a $5 million seed round backed by General Catalyst, Paul Graham, Vercel Ventures and Y Combinator. The startup leverages vision AI to watch user session replays, automatically generating insights that replace manual event tracking used by tools like Mixpanel and PostHog. Its early customers—fast‑moving Series A and B startups—receive daily summary emails on feature usage, bugs and churn. The founders aim to become the “Datadog of session replay,” expanding the platform into multiple products. Leia mais →

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics
Human Behavior, founded by 20‑year‑old Amogh Chaturvedi and his 22‑year‑old co‑founders Skyler Ji and Chirag Kawediya, has closed a $5 million seed round backed by General Catalyst, Paul Graham, Vercel Ventures and Y Combinator. The startup leverages vision AI to watch user session replays, automatically generating insights that replace manual event tracking used by tools like Mixpanel and PostHog. Its early customers—fast‑moving Series A and B startups—receive daily summary emails on feature usage, bugs and churn. The founders aim to become the “Datadog of session replay,” expanding the platform into multiple products. Leia mais →

Numeral Raises $35M Series B to Automate Sales Tax with AI

Numeral Raises $35M Series B to Automate Sales Tax with AI
Numeral, a sales‑tax compliance startup founded by Sam Ross, announced a $35 million Series B financing round led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator and Mantis. The funding values the two‑year‑old company at $350 million and will accelerate its AI‑driven platform that automates tax collection, filing and payment for e‑commerce and SaaS businesses across thousands of jurisdictions. Numeral’s growth includes a 3.5‑times revenue increase over the past year and a client base exceeding 2,000 firms, positioning it against incumbents such as Avalara. Leia mais →

Numeral Raises $35M Series B to Automate Sales Tax with AI

Numeral Raises $35M Series B to Automate Sales Tax with AI
Numeral, a sales‑tax compliance startup founded by Sam Ross, announced a $35 million Series B financing round led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator and Mantis. The funding values the two‑year‑old company at $350 million and will accelerate its AI‑driven platform that automates tax collection, filing and payment for e‑commerce and SaaS businesses across thousands of jurisdictions. Numeral’s growth includes a 3.5‑times revenue increase over the past year and a client base exceeding 2,000 firms, positioning it against incumbents such as Avalara. Leia mais →

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation

LayerX Raises $100M Series B to Expand AI‑Driven Back‑Office Automation
Japanese AI SaaS startup LayerX secured a $100 million Series B round led by Technology Cross Ventures, marking the U.S. fund’s first investment in a Japanese startup. The financing, which also included MUFG Bank, Mitsubishi UFJ Innovation Partners and other investors, will fuel growth of LayerX’s AI‑powered platforms that automate expense management, invoice processing and corporate card operations for thousands of companies. Founder Yoshinori Fukushima, a former machine‑learning researcher and serial entrepreneur, aims to broaden the company’s AI‑agent business and accelerate its path toward multi‑billion‑dollar annual recurring revenue. Leia mais →

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics
Human Behavior, founded by 20‑year‑old Amogh Chaturvedi and his 22‑year‑old co‑founders Skyler Ji and Chirag Kawediya, has closed a $5 million seed round backed by General Catalyst, Paul Graham, Vercel Ventures and Y Combinator. The startup leverages vision AI to watch user session replays, automatically generating insights that replace manual event tracking used by tools like Mixpanel and PostHog. Its early customers—fast‑moving Series A and B startups—receive daily summary emails on feature usage, bugs and churn. The founders aim to become the “Datadog of session replay,” expanding the platform into multiple products. Leia mais →

Numeral Raises $35M Series B to Automate Sales Tax with AI

Numeral Raises $35M Series B to Automate Sales Tax with AI
Numeral, a sales‑tax compliance startup founded by Sam Ross, announced a $35 million Series B financing round led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator and Mantis. The funding values the two‑year‑old company at $350 million and will accelerate its AI‑driven platform that automates tax collection, filing and payment for e‑commerce and SaaS businesses across thousands of jurisdictions. Numeral’s growth includes a 3.5‑times revenue increase over the past year and a client base exceeding 2,000 firms, positioning it against incumbents such as Avalara. Leia mais →

Numeral Raises $35M Series B to Automate Sales Tax with AI

Numeral Raises $35M Series B to Automate Sales Tax with AI
Numeral, a sales‑tax compliance startup founded by Sam Ross, announced a $35 million Series B financing round led by Mayfield, with participation from Benchmark, Uncork Capital, Y Combinator and Mantis. The funding values the two‑year‑old company at $350 million and will accelerate its AI‑driven platform that automates tax collection, filing and payment for e‑commerce and SaaS businesses across thousands of jurisdictions. Numeral’s growth includes a 3.5‑times revenue increase over the past year and a client base exceeding 2,000 firms, positioning it against incumbents such as Avalara. Leia mais →

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics

Human Behavior Raises $5 Million to Apply Vision AI to Session Replay Analytics
Human Behavior, founded by 20‑year‑old Amogh Chaturvedi and his 22‑year‑old co‑founders Skyler Ji and Chirag Kawediya, has closed a $5 million seed round backed by General Catalyst, Paul Graham, Vercel Ventures and Y Combinator. The startup leverages vision AI to watch user session replays, automatically generating insights that replace manual event tracking used by tools like Mixpanel and PostHog. Its early customers—fast‑moving Series A and B startups—receive daily summary emails on feature usage, bugs and churn. The founders aim to become the “Datadog of session replay,” expanding the platform into multiple products. Leia mais →