Latest AI Startup News | Page 12

Startups

Follow fresh ideas and insights sorted by the date they surfaced.

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

03 Jun 2026

Coralogix raises $200M betting AI agents need constant monitoring as autonomous systems scale

Israeli software monitoring startup Coralogix has secured $200 million in Series F funding to build infrastructure that monitors AI agents and autonomous software systems. The round values the observability platform at $1.6 billion and comes just 11 months after its previous raise, reflecting surging investor interest in AI infrastructure. With over 5,000 customers worldwide, Coralogix is expanding aggressively in India while preparing for profitability.

2 Sources

AI music generator Suno raises $400M at $5.4B valuation despite ongoing copyright lawsuits

Suno, the AI music generation company, announced a $400 million Series D round at a $5.4 billion valuation—more than doubling its worth in six months. The generative AI music startup continues to face copyright infringement lawsuits from Sony, though Warner Music Group and Universal Music Group have settled and become licensing partners.

6 Sources

Apoha raises $36M to teach machines how matter behaves using liquid wave form data

London-based deeptech company Apoha has emerged from stealth with $36 million in Series A funding to build Liquid State Intelligence, a new data layer that captures how molecules behave in real-world conditions. The company's VIBE platform has already identified high-risk antibody candidates with over 90% precision, working with partners like Boehringer Ingelheim to transform drug development, food science, and materials research.

2 Sources

DeepSeek raises $7.4 billion in first external funding round at up to $59 billion valuation

Chinese AI startup DeepSeek is closing its maiden fundraising of approximately $7.4 billion, with Tencent and CATL leading external investments. Founder Liang Wenfeng is committing $2.94 billion of his own capital to maintain control. The round values the company at between $52 billion and $59 billion, marking a shift from research lab to commercial entity as China builds AI self-sufficiency.

10 Sources

01 Jun 2026

AI boom crushes startup valuations as 220+ unicorns lose billion-dollar status since ChatGPT

More than 220 startups that once held billion-dollar valuations have fallen below that threshold as the AI boom redirects over $250 billion to companies like OpenAI and Anthropic. Pre-ChatGPT startups face an existential crisis, with those that last raised in 2021 now worth 68% less on average. Enterprise SaaS firms represent the largest casualty class, threatened by generative AI's ability to automate workflows and replace traditional software models.

2 Sources

31 May 2026

Snap alumni launch Ghost Angels fund to back AI startups redefining social media

Twenty Snap alumni have launched Ghost Angels, an angel fund targeting the next generation of social media. Led by former global partnerships head Max Rivera, the fund has backed five companies and plans to invest in at least 15 more within the next year. The group believes social media is splitting into two distinct categories: platforms focused on human connection and AI-native creative tools.

2 Sources

30 May 2026

XCENA raises $135M on a bet that AI's real bottleneck is memory, not compute

XCENA, a chip startup founded by Samsung and SK Hynix veterans, secured $135 million in Series B funding at a $570 million valuation. The company's MX1 chip addresses the AI memory bottleneck by placing compute capabilities directly near DRAM, eliminating costly data round trips between CPUs, GPUs, and memory that slow down AI inference and drive up infrastructure costs.

2 Sources

28 May 2026

Groq seeks $650 million rebuild after Nvidia's $20 billion deal stripped its top engineering talent

AI chip startup Groq is raising $650 million from existing investors to fund its inference cloud business after a $20 billion Nvidia licensing deal cashed out investors and took senior engineers. Two backers guarantee the round as Groq pivots to AI inference with its Language Processing Unit hardware, facing intensifying competition from DeepSeek price cuts and Nvidia's own inference platforms.

5 Sources

27 May 2026

Cognition raises $1B at $26B valuation as Devin AI software engineer writes 90% of its own code

AI coding startup Cognition has raised over $1 billion at a $26 billion valuation, more than doubling its worth in eight months. The company's flagship product Devin, an autonomous AI software engineer, now writes more than 90% of Cognition's internal code. With customers like Goldman Sachs, Mercedes-Benz, and NASA, Cognition has grown its annualized revenue from $37 million to $492 million in just 12 months.

3 Sources

Get all updates into your inbox 💌, Stay Up-to-date for Free 🥳

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Follow topics that matter to you and stay ahead.

Explore

News Categories

Technology Business Policy Startups Health Science Entertainment

Terms Privacy Content Contact Us