Funding
Devin Creator Cognition Raises $400 Mn at $10.2 Bn Valuation
The company first launched Devin, an AI software engineer, in March 2024.
Funding
ASML to Become Top Shareholder in France’s Mistral AI With $1.5B Bet: Report
The investment forms part of Mistral’s €1.7 billion Series C round, which values the firm at €10 billion.
Funding
You.com Secures $100 mn to Build ‘Highways of the Agentic Era’ for AI Agents
You.com claims its APIs outperform Bing and Google’s search APIs in speed, accuracy, and cost.
Funding
FlexifyMe Raises ₹20 Crore to Expand AI-Powered Physiotherapy and Chronic Pain Care
The new funding will support FlexifyMe’s hybrid care expansion through online and offline centres.
Funding
Databricks Hits $100 Billion Valuation as AI Ambitions Attract New Funding
Databricks confirmed the fresh round is aimed at accelerating its AI roadmap.
Funding
Xovian Aerospace Raises $2.5 mn to Launch World’s First AI-Native RF Satellite Intelligence Platform
With the new funding, Xovian will launch a multi-frequency RF payload aboard an ISRO launch vehicle.
Gaming
SuperGaming Raises $15 mn at 5x Valuation to Fuel Global Gaming Push
The funds will also support game developers lacking the backend infrastructure SuperGaming provides.
Funding
Mitigata Raises $5.9 mn to Scale AI-Powered Cyber Resilience Platform
The startup plans to establish three global security operations centres in Bengaluru, Mumbai, and Delhi.
Funding
TurboHire Raises $6 mn in Series A to Drive AI-Led Hiring Transformation
The funding will also support the company’s global expansion and deepen product capabilities.
AI Startups
Bengaluru-Based Metaforms Raises $9 mn to Scale AI-Powered Market Research Automation
The funding will be used to triple its engineering and AI research teams in India.
Funding
SiMa.ai Secures $85 mn to Accelerate Physical AI Expansion and Edge Innovation
The fresh capital will support SiMa.ai’s global expansion, fuel software innovation, and scale go-to-market operations.
Funding
Positron AI Raises $51.6 mn to Rethink Inference Hardware for the AI Era
The company claims Atlas offers 3.5x better performance per dollar and 66% lower power usage than NVIDIA’s H100.