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Funding News

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Latest AI startup funding news, investment rounds, Series A/B/C announcements, and venture capital activity in the artificial intelligence sector.

AVELIN AI closes $3.7 million pre-seed to expand sovereign AI platform
Jul 9, 2026AVELIN AI

AVELIN AI closes $3.7 million pre-seed to expand sovereign AI platform

UAE-based AVELIN AI has raised $3.7 million in a pre-seed round from unnamed angel investors to expand its sovereign AI platform targeting enterprises and governments in regulated industries. Founded...

Lico raises 20 billion won via convertible bonds to expand AI data center and defense optical component production
Jul 9, 2026

Lico raises 20 billion won via convertible bonds to expand AI data center and defense optical component production

Lico (라이콤), a South Korean optical communications component manufacturer, has raised 20 billion won (~$14.5 million) through a private placement of zero-coupon, zero-reset convertible bonds (CBs) to f...

Ollama raises $65M Series B, serving 8.9M monthly developers
Jul 9, 2026Ollama

Ollama raises $65M Series B, serving 8.9M monthly developers

Popular open source AI developer tool Ollama has raised a $65 million Series B round led by Theory Ventures, following a $15 million Series A from Benchmark. The company, founded by Docker veterans Je...

Jul 9, 2026Zhipu AI

Chinese AI model maker Zhipu AI (智谱) seeks $4B share sale

Zhipu AI, one of China's leading foundation model labs, is pursuing a $4 billion share sale, according to a report from Tech in Asia. The Beijing-based company, known for its GLM series of large langu...

Neoacro Robotics (네오아크로보틱스) raises 5억 원 (~$380,000) seed round led by FuturePlay.
Jul 9, 2026Neoacro Robotics

Neoacro Robotics (네오아크로보틱스) raises 5억 원 (~$380,000) seed round led by FuturePlay.

Why it matters: This investment exemplifies the recurring pattern of physical AI startups targeting labor-intensive industrial sectors like shipbuilding and construction, where chronic skilled-labor s...

MindRank AI (德睿智药) completes $52 million Series B funding round.
Jul 8, 2026德睿智药 (MindRank AI)

MindRank AI (德睿智药) completes $52 million Series B funding round.

Chinese AI-driven drug discovery company MindRank AI has completed a $52 million Series B round, with participation from multiple investment institutions and industrial funds, according to a report by...

Jul 8, 2026Prime Intellect

Prime Intellect raises $130M at $1B valuation for agentic AI platform

Prime Intellect, a San Francisco-based startup building an agentic AI platform, has raised $130 million in Series A funding at a $1 billion valuation, according to a report from Axios. The round signa...

Velocity raises $27M seed to build ad network for AI applications
Jul 8, 2026Velocity

Velocity raises $27M seed to build ad network for AI applications

Velocity, an Israeli adtech startup, closed a $27 million seed round led by NFX and Red Dot Capital Partners. The company aims to monetize AI applications through advertising, effectively building an...

Jul 8, 2026Adage Automation

Adage Automation raises $28M from InCred to expand AI industrial software

Industrial AI startup Adage Automation has raised approximately Rs 230 crore ($28 million) in a funding round led by InCred Growth Partners. The company plans to use the capital to expand its AI-enabl...

Jul 8, 2026BoCloud

**BoCloud secures funding for cloud-native AI infrastructure in China.**

BoCloud, a Chinese AI startup focused on cloud-native computing infrastructure, has raised an undisclosed round of funding. The company builds platforms designed to manage and orchestrate AI workloads...

SambaNova Systems raises $1B at $11B valuation in Series F led by General Atlantic, five months afte...
Jul 8, 2026SambaNova Systems

SambaNova Systems raises $1B at $11B valuation in Series F led by General Atlantic, five months afte...

SambaNova Systems raises $1B at $11B valuation in Series F led by General Atlantic, five months after its $350M Series E and SN50 chip launch. The AI chip startup also announced JPMorganChase as an in...

WRT Intelligence raises $12M Series B led by Altos Ventures for patent-specialized LLM
Jul 8, 2026WRT Intelligence

WRT Intelligence raises $12M Series B led by Altos Ventures for patent-specialized LLM

WRT Intelligence (워트인텔리전스), a South Korean startup that has trained a large language model exclusively on 170 million global patent documents, has closed a 16.5 billion won (~$12M) Series B round led...

LinkAlpha Raises 34B Won ($26M) for Institutional AI Agent Platform
Jul 8, 2026LinqAlpha

LinkAlpha Raises 34B Won ($26M) for Institutional AI Agent Platform

LinkAlpha, a South Korean startup developing AI agents for institutional investors, has raised 34 billion won (approximately $26 million) in a funding round co-led by Atinum Investment, GFT Ventures,...

Norm raises $120M Series C, becomes unicorn with AI-native law firm model
Jul 7, 2026Norm Ai

Norm raises $120M Series C, becomes unicorn with AI-native law firm model

Legal AI startup Norm has raised $120 million in Series C funding led by Khosla Ventures, reaching a $1.2 billion valuation. The almost-three-year-old company operates Norm Law, an AI-native law firm...

Jul 7, 2026

Tangos raises $20M seed led by Red Dot to automate financial crime investigations with AI

Tangos, an AI-native company focused on automating financial crime investigations, announced a $20 million seed round led by Red Dot. The funds will be used for product development and team expansion....

Turing raises $79M Series A and secures AMD chip supply for autonomous driving
Jul 7, 2026Turing Inc.

Turing raises $79M Series A and secures AMD chip supply for autonomous driving

Japanese autonomous driving startup Turing has closed a $79 million Series A funding round, with additional chip supply support from AMD. The deal combines financial investment with strategic hardware...

**thumpN Raises $3.75M Pre-Seed to Build AI-Powered Live Event Discovery Platform**
Jul 7, 2026thumpN

**thumpN Raises $3.75M Pre-Seed to Build AI-Powered Live Event Discovery Platform**

Live entertainment discovery and ticketing startup thumpN has raised $3.75 million (₹35.7 crore) in a pre-seed round led by Paytm founder Vijay Shekhar Sharma's family office VSS Investco, alongside P...

Luffy AI raises £8.1M Series A for neuroplastic AI real-time adaptive control systems
Jul 7, 2026Luffy AI

Luffy AI raises £8.1M Series A for neuroplastic AI real-time adaptive control systems

Luffy AI, a UK-based industrial AI startup, has closed an £8.1 million (approximately $10.3 million) Series A round. The company develops neuroplastic AI systems that enable autonomous, self-learning...

HyperDev Raises $1M Pre-Seed to Expand AI Software Development Platform
Jul 7, 2026HyperDev

HyperDev Raises $1M Pre-Seed to Expand AI Software Development Platform

South Africa-founded generative AI software development platform HyperDev has raised just over $1M (ZAR 16M) in pre-seed funding from a syndicate of UK- and Europe-based venture capital investors. Fou...

Mowito raises $3M pre-seed to teach factory robots by demonstration
Jul 7, 2026Mowito

Mowito raises $3M pre-seed to teach factory robots by demonstration

Physical AI startup Mowito has raised $3 million in pre-seed funding led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and angel investors including Soumith Chintala....