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Konnex nabs $15M to decentralize autonomous robotic labor
Konnex, a pioneer in the decentralization of autonomous labor using the blockchain, today announced it raised $15 million to accelerate the company’s mission to unlock what it calls “the physical work economy.” The round featured prominent backers from venture firms including Cogitent Ventures, Liquid Capital, Leland Ventures, Covey, LD Capital, M77 Ventures and Block Maven ...
Parloa raises $350M to make enterprise customer experience fully conversational
Parloa GmBH, a Berlin-based artificial intelligence customer experience automation platform startup, announced today it has raised $350 million in late-stage funding at a $3 billion valuation led by General Catalyst. The company’s existing investors showed strong continued support including EQT Ventures, Altimeter Capital, Durable Capital Partners and Mosaic Ventures. The funding comes just seven months ...
DianaHR deploys onboarding agent to cut HR’s paperwork gravity
Diana Intelligence Corp., which offers HR-as-a-service for businesses using artificial intelligence, today announced what it says is a breakthrough in human resources assistance with an agentic AI onboarding system. Like any operations at a business, HR spans everything from recruiting to culture, whereas DianaHR targets the compliance-heavy “people operations” layer – payroll, benefits and state-by-state ...
Converge Bio raises $25M to accelerate drug discovery using generative AI solutions
Accelerated drug discovery and development platform Converge Bio Inc. today announced it has raised $25 million in early-stage funding to develop better drugs for pharmaceutical companies and open up opportunities in the industry using artificial intelligence. Bessemer Venture Partners led the Series A round, with participation from TLV Partners, Vintage Investment Partners, Saras Capital, as ...
LambdaTest rebrands as TestMu AI to become agentic quality platform
TestMu AI, formerly LambdaTest Inc., today rebranded itself from a cloud testing platform to become an agentic artificial intelligence engineering quality testing platform. Founded in 2018, LambdaTest built itself as a cloud-based test orchestration and execution platform designed to assist organizations to reduce cycle time, detect flaky tests and improve developer experience. Starting in 2022, ...
Cast AI raises funds from Pacific Alliance Ventures at $1B valuation to launch unified GPU marketplace
Cast AI Group Inc., a startup that specializes in optimizing the efficiency of cloud-native environments, today announced it raised new funding from Pacific Alliance Ventures, surpassing a $1 billion valuation, to launch a unified cloud graphics processing unit marketplace. Following last year’s $108 million Series C round led by G2 Venture Partners and SoftBank Vision ...
Fireblocks acquires Tres Finance to bring financial controls to digital assets
Digital asset custody and infrastructure firm Fireblocks Inc. has acquired Tres Finance Ltd., a leading provider of crypto accounting, reconciliation and financial management suite for digital assets. Fireblocks said Wednesday that for years, the cryptocurrency industry has grown from facilitating global payments using digital currency such as stablecoins and generating value using tokenized assets to ...
Cyera bets big on AI data security with $400M round at $9B valuation
Artificial intelligence and data security company Cyera Ltd. announced it has raised $400 million in late-stage funding today, six months after its last capital infusion, bringing the company’s valuation to $9 billion. The Series F round was led by funds managed by Blackstone, with participation from Accel, Coatue, Cyberstarts, Georgian, Greenoaks, Lightspeed Venture Partners, Redpoint, Sapphire, ...
CraftStory adds image-to-video generation to power long-form AI videos with human ‘actors’
CraftStory, a company pioneering artificial intelligence generated human-centric video, announced the release of its first image-to-video model today, which allows users to generate up to five-minute videos. The new capability expands the company’s existing video-to-video model, dubbed Model 2.0, which launched in November 2025. As more companies lean into video as a communication format, the ...
D-Wave to acquire Quantum Circuits in bid to become world’s leading quantum computing firm
D-Wave Quantum Inc., a commercial supplier of quantum computing hardware and software, today announced an agreement to acquire the leading developer of gate-model quantum computing systems Quantum Circuits Inc. The deal includes a bid offer from D-Wave of $550 million, consisting of $300 million in D-Wave common stock and $250 million in cash. “With this ...