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10 Jun 2026

Ex-Icertis Executives Raise $7.5M for Rivvun AI to Recover Lost Corporate Cash Through AI Agents

Two former Icertis executives launched Rivvun AI with $7.55 million in seed funding to tackle a $2 trillion problem: money that disappears between what companies negotiate and what they actually collect. The Seattle startup deploys autonomous AI agents that sit atop existing enterprise systems to catch financial discrepancies and recover cash that goes straight to the bottom line.

2 Sources

Cyera Raises $600 Million at $12 Billion Valuation as AI Transforms Cybersecurity Landscape

Data security firm Cyera secured $600 million in funding at a $12 billion valuation, quadrupling its worth in just over a year. The cybersecurity start-up's rapid growth reflects surging investor interest in protecting companies from AI-based threats, especially as systems like Anthropic's Mythos model demonstrate unprecedented ability to exploit vulnerabilities. Cyera now focuses on autonomous protection against AI agents.

2 Sources

Ambani-backed Addverb Technologies seeks $100M to build humanoid robots and challenge China

Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani's Reliance Industries, is raising over $100 million to develop humanoid and quadruped robots. The company projects $136 million in revenue this year and aims to break into the global top 10 within five years, despite currently ranking outside the top 30 and facing fierce competition from Chinese, Japanese, and US rivals.

2 Sources

09 Jun 2026

Sam Altman's eyeball-scanning startup Tools for Humanity announces layoffs amid struggles

Tools for Humanity, Sam Altman's biometric ID venture, is cutting staff after failing to meet ambitious growth targets. The company has verified only 18 million users through its Orb device—far short of its billion-user goal. Multiple executive departures and regulatory bans in several countries have compounded challenges for the $2.5 billion startup.

2 Sources

Earlytrade raises $10M to deploy agentic AI for construction payments, tackling industry delays

Earlytrade secured $10 million in new funding to expand across the U.S. and integrate agentic AI into its construction payments infrastructure. The company's subcontractor payments marketplace addresses a critical industry problem: subcontractors routinely wait 60 to 90 days for payment, creating severe cash flow challenges that can lead to insolvency for small businesses.

2 Sources

Beacon raises $225M to transform software acquisitions with AI-native platform

Beacon, led by ex-Instacart president Nilam Ganenthiran, has raised $225 million in Series C funding to accelerate its AI roll-up strategy. The startup acquires small, profitable software companies serving underserved industries and rebuilds them on a shared AI-native platform, closing roughly one deal per week while driving over 50% EBITDA growth across its portfolio.

2 Sources

Sandstone raises $30M Series A to bring AI-powered workflow automation to in-house legal teams

Sandstone announced $30 million in Series A funding led by Lightspeed Venture Partners to expand its AI legal tech platform for in-house legal teams. The startup focuses on context-aware AI solutions that handle relationship management and workflow automation for small and mid-sized businesses, distinguishing itself from competitors like Harvey that target private practice.

2 Sources

Standard Bots hits $1bn valuation with $200M raise to build AI robots on American soil

New York-based Standard Bots raised $200 million in Series C funding led by RoboStrategy and General Catalyst, achieving unicorn status with a $1 billion valuation. The company builds AI-powered robotic arms that learn tasks through demonstration rather than coding, targeting a 10% share of US industrial robot deployments by year-end while expanding its Long Island manufacturing facility.

2 Sources

Alta Ares raises €50M to scale AI drone interceptors already deployed in Ukraine

French defense-tech startup Alta Ares closed a €50 million funding round for its AI-powered drone interceptors, which have already downed Russian Shaheds over Ukraine. The two-year-old company builds cost-effective systems designed to counter the inverted economics of modern warfare, where cheap attack drones force militaries to fire million-euro missiles in response.

2 Sources

08 Jun 2026

PhysicsX raises $300M Series C funding at $2.4bn valuation, doubling value in under a year

London-based PhysicsX secured $300 million in Series C funding led by Temasek, more than doubling its valuation to $2.4 billion in less than a year. The AI company transforms engineering simulations from days to seconds, with data centre hardware driving its fastest growth as the AI boom creates massive demand for infrastructure design tools.

2 Sources

04 Jun 2026

Supabase raises $500M Series F funding at $10.5B valuation as AI agents fuel database explosion

Supabase has raised $500 million in Series F funding at a $10.5 billion valuation, doubling its worth in just eight months. The open-source database company credits vibe coding tools like Claude Code for explosive growth, with AI agents now deploying over 60% of new databases on its platform and total databases surging 600% year-over-year.

4 Sources

Generalist AI raises $400M at $2B valuation to scale general intelligence for robotics

Generalist AI has secured $400 million in robotics funding at a $2 billion valuation to advance its vision of general-purpose robotics. The round was led by Radical Ventures with participation from Nvidia, Bezos Expeditions, and AI pioneer Fei-Fei Li. Founded by former DeepMind scientists, the company's GEN-1 model demonstrates how AI foundation models for robot learning can handle complex physical tasks with adaptive intelligence.

3 Sources

Ramp raises $750M at $44B valuation as fintech bets big on AI token spend management

Corporate expense management platform Ramp secured $750 million in Series F funding at a $44 billion valuation, nearly tripling its worth in just one year. The fintech startup is expanding beyond traditional spend management into AI token cost tracking, positioning itself as infrastructure for what CEO Eric Glyman calls the "third pillar" of corporate spending alongside people and vendors.

4 Sources

Offroad Raises $7M to Deploy AI Agents That Automate Identity Security for Enterprises

Offroad emerged from stealth with $7 million in seed funding to tackle identity security challenges that have outpaced manual security efforts. The company deploys AI agents that autonomously investigate and remediate identity risks across human users, machine identities, and AI agents, gathering context from fragmented systems to resolve threats without adding more dashboards to security teams' workloads.

2 Sources

Kodesage Raises $6.6M Seed Funding to Modernize Legacy Enterprise Software with On-Premise AI

Kodesage has closed a $6.6 million seed funding round led by VentureFriends to accelerate on-premises app modernization with AI. The startup helps enterprises transform decades-old COBOL, PL/SQL and Oracle Forms systems into modern applications while keeping sensitive data within customer environments. The platform addresses a multi-trillion-dollar challenge facing regulated industries.

2 Sources

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