Test Newsletter :) Any feedback nick.gregg@marlborough.ai
99% automated newsletter - monitoring and summarising key AI deals.
Shengshu Technology secures $600M for multimodal models and Bedrock Robotics raises $270M for autonomous construction. Highlights include major rounds for Resolve AI ($125M) and Midi Health ($100M), fueling specialised agents across enterprise and healthcare.
Also ... Thomson Reuters, RELX, and Wolters Tank As Claude Legal Debuts
Almost certainly overdone given spread of their assets but it raises question on long-term moats - and how massively funded major LLMs are now spreading tentacles into other sectors with focused tools - law, accounting, due diligence, music ... All those where there is a clever wrapper around many of the VC funded companies.
Chegg was the first high profile ChatGPT casualty but it may be a boiling the frog process across other sectors. And taking it further why can't an obedient and well-trained legal AI agent just negotiate an NDA or term sheet with another AI agent better than a human 🤖 🤝 🤖?!
Deal announcements:
💪 Mid-Fundings - 9
🚀 Smaller Fundings - 13
AI Hosting Infrastructure
Daytona
🇺🇸 ($24M) - Daytona, a New York City-based
infrastructure company, raised $24 million
in Series A funding to build programmatic,
composable computers for AI agents. The
funding round was led by FirstMark Capital,
with participation from Pace Capital and
existing investors including Upfront...
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FirstMark Capital, Pace Capital, Upfront
Ventures, E2VC, Darkmode, Datadog,
Grandma, Figma Ventures
AI Model Ecosystems
Shengshu Technology
🇨🇳 ($600M) - Shengshu Technology has raised
over RMB 600 million in a Series A+ funding
round to advance the development and
commercialization of its multimodal
foundation models, including the Vidu video
generation platform. The round was co-led by
Zhongguancun Science City and...
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Zhongguancun Science City, Link-X
Capital, Wondershare, Visual China Group
Co., Ltd., TRS, Qiming Venture Partners,
Beijing Artificial Intelligence Industry
Investment Fund
Goodfire
🇺🇸 ($150M) - Goodfire, an AI research lab
specializing in interpretability for neural
networks, has secured $150 million in a
Series B funding round, achieving a
valuation of $1.25 billion. The round was
led by B Capital, with participation from
existing investors like...
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B Capital, Juniper Ventures, DFJ Growth,
Salesforce Ventures
Qontext
🇩🇪 ($2.7M) - Berlin-based Qontext has
secured $2.7 million in pre-seed funding to
develop an independent context layer for AI.
The funding round was led by HV Capital,
with participation from Zero Prime Ventures
and notable founders from the AI sector.
Qontext aims...
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HV Capital, Zero Prime Ventures
AI Research
Urban Sdk
🇺🇸 ($65M) - Urban SDK, a Jacksonville,
Florida-based provider of geospatial AI
technology for local and state governments,
raised $65 million in growth funding from
Riverwood Capital. The investment aims to
help the company scale its AI-powered system
of action. Eric Ma from...
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Riverwood Capital
Accounting
Fieldguide
🇺🇸 ($75M) - Fieldguide, an AI-native
platform for audit and advisory firms, has
raised $75 million in a Series C funding
round led by Goldman Sachs Alternatives,
with participation from Geodesic and
existing investors including Bessemer
Venture Partners, 8VC, and Thomson Reuters.
This...
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Goldman Sachs Alternatives, Geodesic,
Bessemer Venture Partners, 8VC, Thomson
Reuters
Accrual
🇺🇸 ($75M) - Accrual has secured $75 million
in funding to enhance AI-driven automation
for accounting firm workflows. The funding
round was led by General Catalyst, with
contributions from Pruven Capital, Edward
Jones Ventures, and various industry
executives. This financing will aid in...
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General Catalyst, Pruven Capital, Edward
Jones Ventures
Agent Development
Airrived
🇮🇪 ($6.1M) - Airrived has secured $6.1
million in seed funding to integrate agentic
AI into enterprise cybersecurity and
business operations. The funding round was
led by Cannage Capital, with contributions
from Plug and Play Ventures, Rebellion
Ventures, and Inner Loop Capital,
alongside...
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Cannage Capital, Plug and Play Ventures,
Rebellion Ventures, Inner Loop Capital,
Manoj Apte, Mahendra Ramsinghani, Saqib E.
Awan
Feltsense 🇺🇸 ($5.1M) - Feltsense Holdings raised $5.1 million in seed funding to develop AI agents that function as fully autonomous founders, capable of ideating, building, and marketing products without human intervention. This innovative approach addresses the challenge of automating the entrepreneurial process. Read more Find careers
Cybersecurity
Nullify
🇺🇸 ($12.5M) - Nullify, a San Francisco,
CA-based provider of an AI workforce for
product security, raised $12.5 million in
seed funding. The round was led by Syn
Ventures, with participation from existing
investor Black Nova Venture Capital. As part
of the investment,...
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Syn Ventures, Black Nova Venture
Capital
Midas
🌍 ($10M) - Midas, an AI security and
reliability company, has raised $10 million
in a funding round led by Valor Equity
Partners and Nova Global. The company aims
to create a 'mathematical trust
infrastructure' to ensure that AI outputs
and reasoning are...
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Valor Equity Partners, Nova Global
Data Analysis
Fundamental 🇺🇸 ($255M) - Fundamental, an AI company specializing in predictive intelligence from enterprise data, has raised $255 million in funding and launched its large tabular model, Nexus. This funding aims to enhance its capabilities in predictive analytics. Key investors were not mentioned in... Read more
Energy
Lunar Energy
🇺🇸 ($232M) - Lunar Energy, a
California-based company, has raised $232
million in two funding rounds to enhance its
home battery business and scale its
AI-powered virtual power plant software. The
oversubscribed $102 million Series D round
was led by B Capital and...
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B Capital, Prelude Ventures, Activate
Capital
Financial Services & Wealth Management
Duna
🇩🇪 ($32.4M) - Amsterdam-based Duna, an
identity fintech founded by former Stripe
employees, has raised €30 million in a
Series A funding round led by CapitalG, with
participation from Index Ventures, Puzzle
Ventures, and Frank Slootman. This funding
aims to create a digital...
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CapitalG, Index Ventures, Puzzle
Ventures, Frank Slootman
Alinea
🇺🇸 ($22.5M) - Alinea, a NYC-based provider
of an AI-powered wealth management platform,
raised $22.5 million in user acquisition
funding from PVX Partners. The company plans
to use the funds to scale its marketing
efforts and enhance access to personalized
wealth management for...
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PVX Partners
Una Software 🇨🇦 ($13M) - Una Software has closed its seed financing, raising a total of $13 million to enhance its AI-powered financial planning and analysis platform aimed at midmarket and enterprise finance teams. Michael Morrison, former CEO of Fluence Technologies and Jirav, has been... Read more
Fintower
🇸🇪 ($1.62M) - Gothenburg-based Fintower has
closed an oversubscribed €1.5 million seed
round, supported by investors including
Chalmers Ventures and the Stena family.
Founded by Salman Eskandari and Ehsan
Yazdani, Fintower offers an AI-powered
platform for financial planning and
analysis, aiming to replace...
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Chalmers Ventures, Stena family
General Enterprise Workflows
Plato
🇩🇪 ($14.5M) - Plato, an AI-powered operating
system for wholesale distributors, has
raised $14.5 million in a seed funding round
led by Atomico, with participation from
Cherry Ventures. The company addresses
challenges in the distribution sector, such
as labor shortages and rising digital...
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Atomico, Cherry Ventures
HR
Pasito
🇺🇸 ($21M) - New York-based Pasito has
secured $21 million in a Series A funding
round led by Insight Partners, with
participation from Y Combinator and MTech
Capital. Founded in 2021, Pasito offers an
AI-first platform that automates benefits
operations for carriers, brokers,...
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Insight Partners, Y Combinator, MTech
Capital
Health
Midi Health
🇺🇸 ($100M) - Palo Alto-based Midi Health has
raised $100 million in a Series D funding
round, achieving a valuation above $1
billion. The round was led by Goodwater
Capital, with participation from new
investors Foresite Capital and Serena
Ventures, along with existing...
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Foresite Capital, Serena Ventures
Synthpop 🇺🇸 ($15M) - Synthpop, a healthcare AI company specializing in agentic automation for payer, provider, and patient operations, raised $15 million in Series A funding to enhance automation across administrative workflows in the patient journey. This funding increases Synthpop's total funding to $23... Read more
Gardia
🇩🇪 ($9.18M) - Healthtech startup Gardia has
raised €8.5 million in a Series A funding
round to expand its mobile fall-detection
emergency system for seniors. The round was
led by European VC firm Peak, with
participation from Amberra and GS1 Germany’s
Butterfly &...
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Peak, Amberra, GS1 Germany’s Butterfly
& Elephant Accelerator
Payments
Sapiom
🌍 ($15M) - Sapiom has raised $15 million to
develop a financial layer that enables AI
agents to securely purchase and access
software, APIs, and data. Founded by Ilan
Zerbib, the startup aims to simplify backend
infrastructure for non-technical creators by
allowing AI...
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Accel
Real Estate
Cadastral
🇺🇸 ($9.5M) - Cadastral, a New York
City-based AI-native software company
focused on the commercial real estate
industry, raised $9.5 million in funding.
The investment was backed by Navitas, JLL
Spark Global Ventures, AvalonBay, Equity
Residential, and 1Sharpe. The funds will be
used...
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Navitas, JLL Spark Global Ventures,
AvalonBay, Equity Residential,
1Sharpe
Robotics
Bedrock Robotics
🇺🇸 ($270M) - Bedrock Robotics, based in San
Francisco, has raised $270 million in Series
B funding to enhance its autonomous
construction platform, addressing labor
shortages and safety risks in the
construction industry. The funding round was
co-led by CapitalG and the Valor...
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CapitalG, Valor Atreides AI Fund
R3 Robotics
🇱🇺 ($21.6M) - R3 Robotics has raised €20
million in funding, including €14 million in
Series A led by HG Ventures and Suma
Capital, to automate the disassembly of
electric vehicle systems. This funding
addresses the labor-intensive and costly
manual disassembly process by...
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HG Ventures, Suma Capital
Sales and Marketing
Flock AI
🇺🇸 ($6M) - Flock AI, an AI-native visual
commerce platform for fashion and retail,
has raised $6 million in a seed round led by
Work-Bench, bringing its total funding to
$7.5 million. The round also saw
participation from January Ventures, Red
Bike Capital,...
Read more
Work-Bench, January Ventures, Red Bike
Capital, Outlander VC, AI Furnace
Software Development
Resolve AI
🇺🇸 ($125M) - San Francisco-based Resolve AI
has raised $125 million in a Series A
funding round, achieving a valuation of $1
billion. The funding, led by Lightspeed
Venture Partners with participation from
Greylock Partners, Unusual Ventures, and
Artisanal Ventures, will accelerate
product...
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Lightspeed Venture Partners, Greylock
Partners, Unusual Ventures, Artisanal
Ventures
Voice, Music & Video
Connect Music
🇺🇸 ($80M) - Connect Music, a Memphis-based
music rights and technology company, has
raised $80 million in financing to expand
its catalog acquisitions, licensing, and
AI-driven artist tools. The funding round
was led by Rockmont Partners and Variant
Investments.
Read more
Rockmont Partners, Variant
Investments
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