MENLO TIMES

Cyera, the AI security platform, led by Yotam Segev, Tamar Bar-Ilan, Yonatan Itai, and the team, has announced its Series G: $600 million at a $12 billion valuation, led by Evolution Equity Partners, with participation from Cyberstarts and Temasek, in addition to all existing investors, including Accel, AT&T Ventures, Blackstone, Coatue, Spark Capital, among others. Building The Trust Layer For AI. Cyera was founded to help enterprises understand what sensitive data they hav

TensorWave, the cloud built for the next wave of AI, led by Darrick Horton, Piotr Tomasik, Jeff Tatarchuk, and the team, has raised $350 million in Series B funding, co-led by Magnetar and AMD Ventures, with continued participation from Maverick Silicon, Nexus Venture Partners, and Western Frontier. Expanding AMD-Powered AI Infrastructure. The new funding will help TensorWave expand its global AI compute footprint, including deployment of next-generation AMD Instinct™ MI355X

Sandstone, in-house counsel legal AI software, led by Nick Fleisher, Jarryd Strydom, Liam Germain, and Jessica Nguyen, has announced $30 million in Series A financing, led by Lightspeed Venture Partners, with participation from existing investors. The Missing Layer In Legal AI. AI can now automate legal tasks like drafting, review, and research. But the knowledge that makes those tasks accurate- precedents, policies, workflows, and institutional know-how- often remains scatte

Maneva, the physical AI solution provider specializing in video-to-action intelligence for manufacturing, led by Rae Jeong and Kelvin Chan, has raised $27 million in Series A funding led by U.S. Venture Partners, with participation from returning backers Bling Capital and Freestyle Capital, alongside a group of leading angel investors. Building The Operating Layer For Modern Factories. The new funding brings total capital raised by Maneva to $38.4 million, with support from

Sakana AI, building frontier AI in Japan, led by David Ha, Llion Jones, and Ren Ito, has announced the formal establishment of the Sakana AI RSI Lab, a dedicated research group within Sakana AI, tasked with redesigning the AI development process itself with AI. Building The Next Generation Of Self-Improving AI. Sakana AI believes the future of AI will be driven not by ever-larger monolithic models, but by adaptive systems capable of continuously improving themselves. Drawing

PhysicsX, a physical AI company on a mission to accelerate innovation and overhaul what engineering and manufacturing look like today, led by Robin Tuluie, Jacomo Corbo, and Nicolas Haag, has announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion. The round is led by Temasek, with participation from new investors M&G Investments and Intrepid Growth Partners, alongside existing investors including Applied Materials, Atomico, Ge

Cosine, the coding agent built for engineers with taste, led by Alistair Pullen, Sam Stenner, Yang Li, and the team, has announced the formation of a landmark industry coalition to co-design Lumen Sovereign, Britain’s first fully sovereign frontier AI model. Building Sovereign AI Infrastructure for the UK. With support from major UK institutions including BAE Systems, Babcock International Group, BT, Lloyds Banking Group, LSEG, NatWest Group, PwC, Telefónica Tech UK&I, Thales

Apoha, the frontier-tech company pioneering Liquid State Intelligence, a new data layer that reveals how matter, formulations, and materials behave, led by Shamit Shrivastava and Anshika Srivastava, emerges from stealth today with $36M in funding, led by Singular, with participation from Tim Draper’s Draper Associates and continued backing from seed investors Redalpine, Seedcamp, Wilbe and Nucleus, alongside grant funding from Innovate UK, the UK’s national innovation agency.

Coralogix, an AI-native platform and a data lake built for observability, led by Ariel Assaraf, Yoni Farin, and the team, has raised $200 million in Series F funding, co-led by Advent, CPPIB, and Greenfield, with participation from Brighton Park Capital, bringing total funding in Coralogix to $550M. Investors See Observability Becoming a Strategic Intelligence Layer. According to Alek Ferro, the rise of AI is transforming observability from a technical monitoring function int

Town, building tools that make it easy for anyone to create and use software in their everyday work, led by Tony Vincent and Jean-Denis Greze, has raised a $55 million Series A led by a16z, with participation from Forerunner Ventures, First Round, Alt Capital, and Conviction. AI’s Impact Has Yet to Reach Most Daily Workflows. AI is transforming industries, reshaping products, and accelerating innovation across the economy. Yet for many people, the realities of daily work rema

Gradient Labs, building AI for customer operations in finance, led by Dimitri Masin, Danai Antoniou, and 🚀 Neal Lathia, has announced an increased Series A of $26 million, led by new investors Octopus Ventures and CommerzVentures, with follow-on backing from Redpoint Ventures and Exceptional Capital. This funding will help build the foundation for autonomous banking that drastically improves the experience of bank operators and the customers they serve. Reimagining How Banks

Atheni, the AI adoption company founded by Mackenzie Howe and Louise Ballard, has raised £350,000 to build a platform that scales a proven methodology for using AI well across organisations. Atheni developed its methodology through two years of client work before transforming it into a scalable platform focused on delivering personalised, in-work guidance. The company is backed by angel investors including Alex Chesterman and is also supported by Innovate UK. The funding come

Orbital Industries, an AI-first industrial company using frontier AI to design, manufacture, and ship the physical products the world needs, led by Jonathan Godwin, James Gin-Pollock, Daniel Miodovnik, and the team, has raised $50 million in Series B funding led by Plural. Existing and previous investors, NVentures (NVIDIA), Radical Ventures, Compound, and Fly Ventures also participated. The funding will support scaling Orbital’s data centre products, expanding its AI and eng

Pace, the AI operations platform for insurance, led by Jamie Cuffe and the team, has announced $46 million in Series B funding, co-led by Thrive Capital and Sequoia, with participation from Emergence and Pruven, to help the customers insure more of the world’s risk. Since launching last year, Pace has enabled insurers to autonomously complete more than 250,000 insurance workflows using AI agents. The platform is used by companies including Prudential, Palomar, and Convex to a

Stord, powering commerce for the world's best brands, led by Sean Henry, Jacob Boudreau, and the team, has announced a nearly $250 million Series F funding round at a $3 billion valuation, led by existing investors doubling down on the company’s accelerating growth and expanding market leadership. The round included Strike Capital, Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, Bond, and Lux, among others. The raise accelerates Stord’s missio

Socket, transforming how organizations protect their applications from the rising threat of software supply chain attacks, led by Feross Aboukhadijeh and the team, has raised $60 million Series C at a $1 billion valuation, led by Thrive Capital, with participation from Andreessen Horowitz, Abstract Ventures, and Capital One Ventures, bringing the total funding to $125 million. AI has fundamentally changed how engineering teams write and ship code, dramatically increasing the

Contrario, the AI-powered recruitment platform, led by founders Arya Marwaha and Aditya Sood, has announced its launch. Contrario has surpassed $6M in annualized revenue in under six months, paid out over $1M to its recruiter network, and is now used by 200+ fast-growing companies, including unicorns like Slash and Wispr Flow. The company is focused on using AI to automate repetitive parts of hiring, enabling recruiters and companies to focus more on high-value, human aspects

Pivot, the AI operating system for procurement, led by Marc-Antoine Lacroix, Estelle Giuly, and Romain Libeau, has raised $40 million in a Series B funding round, taking the total amount raised since the company’s founding in 2023 to $70 million. The oversubscribed round was led by Forestay Capital and Notion Capital, with participation from Greyhound and procurement industry veterans, including the former Global VP Sales at Ariba and the founder of EcoVadis, as well as exist

Modal, building high-performance AI infrastructure, led by Erik Bernhardsson and Akshat Bubna, has raised $355 million at a $4.65B post-money valuation led by General Catalyst and Redpoint, with Menlo Ventures, Bain Capital Ventures, and Accel joining as new investors. All the existing major investors participated as well, doubling down on their conviction in Modal. Modal was founded on the belief that traditional cloud infrastructure was not designed for AI workloads. The co

Clouted, the growth system for modern entertainment - built for artists, labels, festivals, gaming studios, startups, consumer apps, and the brands that live inside culture, led by Justin Banusing, Adriel Yong, David Viray, and the team, has announced the close of a $7M seed round led by Slow Ventures, with participation from Gold House Ventures, Weekend Fund, LINE-Yahoo's Z VC, Gondor Capital, Iterative, AppWorks, Peak XV’s Surge, and a16z Speedrun. Angel investors include G