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Exa Raises $250 Million Series C to Build the Search Engine for AIs
Exa, the search engine built for AI, led by Will Bryk, Jeff Wang, and the team, has raised $250M at a $2.2B valuation led by a16z to power all agents with the highest quality web search. Exa already powers search for Cursor, Cognition, HubSpot, OpenRouter, Monday.com, and more than 400,000 developers. As LLM-driven search volume is expected to grow far beyond today’s Google search scale, the company sees an opportunity to fundamentally redesign how information is discovered a
Karan Bhatia
May 212 min read


Stilta Raises $10.5 Million to Bring Agentic AI to Patent Litigation and Intelligence
Stilta, Agentic AI for high-stakes patent work, led by Oskar Block, Petrus Werner, Tobias Estreen, and Oscar Adamsson, has raised $10.5 million in funding led by Andreessen Horowitz, with participation from Y Combinator and a group of founders and operators from leading AI companies, including Sana, Legora, OpenAI, Lovable, and Listen Labs. Patents are a highly underleveraged asset class in business. While over 90% of S&P 500 value is intangible, most patents are never enforc
Karan Bhatia
May 202 min read


How Commure is Transforming Healthcare Operations Using AI
Commure, the AI-native enterprise RCM & ambient platform, led by Tanay Tandon, Deepika Bodapati, and the team, has announced $70 million in financing at a $7 billion post-money valuation. The round was led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. Commure uses AI and agents to streamline administrative work in health systems, targeting one of healthcare’s largest cost centers, estimated at about $1 trillion annually in
Karan Bhatia
May 202 min read


Ocean Emerges from Stealth to Protect Enterprises from AI-Powered Email Attacks
Ocean, an agentic email security platform, led by Shay Shwartz and Oran Moyal, has announced its launch from stealth with $28 million in total funding, led by Lightspeed Venture Partners, with participation from Picture Capital and Cerca Partners. Additional angel investors include Assaf Rappaport (Wiz), Yevgeny Dibrov and Nadir Izrael (Armis), and Dor Knafo (former CEO of Axis Security and General Partner at Cyberstarts), among other leading angel investors. Ocean is introdu
Karan Bhatia
May 202 min read


LawX Raises 7.5 Million Euros and Develops a European Operating System for Legal Work
LawX, an AI-powered OS for notaries and law firms, led by Dr. Norman Koschmieder, Dr. Sara Brinkmann, and Torben Rabe, has closed a seed round led by Motive Partners, raising over €7 million in capital, alongside WENVEST Capital, xdeck, and SIVentures, as well as several prominent angels from the tech and legal sectors. The legal market is undergoing structural change, with rising demand for legal services and a growing shortage of administrative staff. Around half of law fir
Karan Bhatia
May 182 min read


Multiverse Raises $70 Million to Become Europe's AI Adoption Platform
Multiverse, an upskilling platform for AI adoption, led by Euan Blair and the team, has raised $70 million in primary funding to drive growth across Europe. The funding was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group. The investment will accelerate Multiverse’s expansion across Europe, with a focus on helping workers adapt to AI rat
Karan Bhatia
May 163 min read


Ranger Emerges Out of Stealth to Transform Business Operations for Industrial Engineering
Ranger, the agentic revenue operations platform for industrial tendering, led by James Zhan, Sari Saadi, and Kyle Jordan, has emerged from stealth with $8.4 Million in seed funding led by Bonfire Ventures, along with 25madison, Inovia Capital, and Panache Ventures. The company’s platform connects fragmented systems and manual processes to automate critical workflows across industrial, manufacturing, and supply chain operations. Industry’s Problem: Bureaucratic Bottlenecks Sl
Karan Bhatia
May 152 min read


Recursive Emerges from Stealth with a Bold Bet on Self-Improving AI
Recursive, building self-improving superintelligence to automate knowledge discovery, led by Richard Socher, Yuandong Tian, and Caiming Xiong, has emerged from stealth and raised $650M led by GV (Google Ventures) and Greycroft, with major participation from AMD Ventures and NVIDIA at a $4.65 billion valuation to create AI that conducts experiments on how to safely improve itself, in an open-ended process of automated scientific discovery. Open-ended evolution, both Darwinian
Karan Bhatia
May 141 min read


Origin Lab Announces $8M in Seed Funding Led by Lightspeed
Origin Lab, a platform and technology company that captures, creates, and delivers premium, rights-cleared multimodal content for AI training, led by Anne-Margot Rodde, Antoine Gargot, and Colin Carrier, has raised $8M seed round led by Lightspeed Venture Partners with participation from Eniac Ventures, FPV Ventures, Seven Stars, and SV Angel, along with angels from robotics, AI, gaming, and Google, including Twitch co-founder Kevin Lin and Cruise founder Kyle Vogt. For decad
Karan Bhatia
May 142 min read


Fractile is Building the Next Generation of Inference Hardware
Fractile, the AI inference hardware company, led by Walter Goodwin and the team, has raised $220M to accelerate the path to getting its first chips and systems into customers’ hands, in a financing round led by Accel, Factorial Funds, and Founders Fund, with participation from Conviction, Gigascale, O1A, Felicis, Buckley Ventures, and 8VC, investing alongside its brilliant existing backers. Fractile, founded in 2022, was built on the belief that frontier AI is ultimately con
Karan Bhatia
May 142 min read


Isomorphic Labs Secures $2.1 Billion in Funding to Scale its AI Drug Design Engine
Isomorphic Labs, reimagining the drug discovery process with AI, led by Demis Hassabis and the team, has raised $2.1 Billion in Series B funding led by Thrive Capital, and includes participation from existing backers Alphabet and GV alongside new investors MGX, Temasek, CapitalG, and the UK Sovereign AI Fund, significantly expanding Isomorphic Labs’ global capital base. The new capital will advance Isomorphic Labs’ AI drug design engine (IsoDDE), accelerating its therapeutic
Karan Bhatia
May 132 min read


Exaforce Announces $125 Million Series B
Exaforce, an agentic SOC platform and MDR, led by Ankur Singla and the team, has raised $125M in Series B from Mayfield, Khosla Ventures, HarbourVest, Peak XV, Seligman Ventures, and AICONIC Ventures, taking the total funding to $200M. A year ago, emergence from stealth followed a $75M Series A and a clear thesis: SOCs cannot scale by hiring more analysts or engineers, nor by continuously adding SIEM rules. Scale comes from combining human expertise with task-specific AI agen
Karan Bhatia
May 133 min read


Nscale Secures $790 Million in Financing to Support AI Infrastructure Buildout in Norway
Nscale, the engine of superintelligence, led by Josh Payne and the team, has announced an additional $790 million in financing, committed by ABN AMRO, DNB, Eksfin, Nordea, and SEB, to reinforce the continued development of the AI data center in Narvik, Norway. This data center project is the largest AI infrastructure investment in Norway. The committed financing includes an additional $790 million uncommitted accordion feature to fund a further 115MW expansion at the Narvik
Karan Bhatia
May 121 min read


In the Age of AI, Your Website Has a New Job.
By Helena Rebane, CEO of AddSearch For years, companies built websites for a browsing-based path to conversion. The assumption was simple: attract visitors, help them explore, guide them toward the right information, and move them gradually toward action. But that logic belongs to an earlier web. At AddSearch, what we increasingly see is that visitors arrive with far less patience and far more context, often shaped by AI tools before they ever reach the site. They are not loo
Guest
May 116 min read


Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable
Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s
Karan Bhatia
May 81 min read


Scale AI Expands Pentagon AI Partnership to $500 Million
Scale AI, building reliable AI systems for the world's most important decisions, led by Alexandr Wang and the team, has announced that the U.S. Department of War's (DoW) Chief Digital and Artificial Intelligence Office (CDAO) has expanded its enterprise agreement with Scale AI, increasing the total potential value from $100 million to $500 million. The five-fold ceiling increase follows strong demand for the Production OTA agreement, with projects across computer vision, gene
Karan Bhatia
May 82 min read


Pit Announces its Launch to Bring AI-Native Software to Enterprise Operations
Pit, learning your workflows and building them for you, led by Adam Jafer and Fredrik Hjelm, has announced its launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders, and executives from OpenAI, Anthropic, Google, Deel, and Revolut, as well as the Stena and Lundin families. Pit is launching as an “AI product team as a service,” enabling companies to build and deploy custom, production-grade s
Karan Bhatia
May 82 min read


Altara - the Scientific Intelligence Platform for the Physical World Announces its Launch
Altara, building scientific intelligence for the physical world, led by Catherine Yeo and Eva Tuecke, has announced its launch. The company has raised a $7M seed round from Greylock Partners, Neo, BoxGroup, Liquid 2 Ventures, and angel investors, including Jeff Dean and leadership from OpenAI and AMD. The first wave of AI has accelerated digital work across writing, coding, and customer support, while progress in the physical world has lagged. A new era is now emerging, drive
Karan Bhatia
May 62 min read


CopilotKit Raises $27 Million Series A
CopilotKit, the enterprise agentic frontend stack, led by Atai Barkai, Uli Barkai, and the team, has raised a $27 Million Series A funding led by Glilot Capital, NfX, and SignalFire, with participation from Discovery Ventures, Vermilion Cliffs Ventures, DVC, Abstraction Capital, 97212 Ventures, Deep Acre, J-Ventures, Gurtin Ventures, and Fresh Fund. CopilotKit is now used by a majority of Fortune 500 companies, powering millions of daily agent-user interactions in production.
Karan Bhatia
May 62 min read


How Corvera is Building the Agentic Operating System for CPG Brands
Corvera, building AI supply chain management for fast-growing brands, led by Christopher Kong, Dirk Breeuwer, Matthew Collins, and Berk Güngör, has raised $4.2M in Seed funding, led by 6 Degrees Capital, with participation from 20VC, Rebel Fund, Duke Capital Partners, Multimodal Ventures, Y Combinator, and a group of exceptional angels and operators, including Jake Heller (Casetext), Christian Mathiesen (Frigade), and Dom Maskell (Runna). The funding round marks the close of
Karan Bhatia
May 63 min read
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