34 : Healthcare 6 deals, Mistral $830M, Legal AI, Thrive, Anthropic IPO
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๐ฐ 34 new AI-related deals profiled below by
category.
AI continues going for lawyers: UK's
Keith
gets ยฃ2M to automate traditional legal work -
targeting a broken property market with 530k
transactions fail yearly. Backed VC and Breega
investing.
Thrive Holdings
raises $2B to acquire and transform traditional
sectors with AI upgrades.
French AI player
Mistral
raised $830 million in first debt financing to
fund data centre near Paris.
Anthropic
eyeing an IPO to raise > $60B, with valuation
already $380B in last round - a reminder while
seed deals abound, gravitational pull of frontier
model giants for the big cash keeps growing.
Healthcare is hottest vertical
with 6 deals. Led by
Qualified Health's
$125M for enterprise health,
Thesis Care ($45M) +
Dimer Health
($13.5M) - AI care platforms moving to mainstream.
Curated byย Nick Gregg, adviser, investor, operator - connect or reply
to this email.
๐ฅ
5
Major ยท ๐ช
9
Mid ยท ๐
20
Smaller ยท
34 deals
Featured Deal
$2.484M
Keith, a
UK-based
AI-native
law firm,
has raised
โฌ2.3
million
(ยฃ2
million)
in seed
funding to
automate
up to 80%
of
traditional
legal
work,
addressing
inefficiencies
in the
legal
system
that lead
to over
530,000
failed
property
transactions
annually.
The
funding
round was
led by
Backed VC,
with
participation
from
Breega and
several
angel
investors.
The firm
aims to
disrupt
the โฌ62.4
billion UK
legal
market by
providing
faster,
clearer,
and more
efficient
legal
services
through a
network of
AI agents.
Investors:
Backed VC,
Breega
AI Hosting
Infrastructure
$50M
ai&, a
Tokyo-based global
AI technology
company, raised
$50 million in
seed funding to
accelerate its
infrastructure,
compute, and model
services. Founded
by CEO David
Bennett and
Shimpei Hara, the
funding aims to
enhance the
company's
capabilities in
the AI...
$45M
Oran Development
Company, a New
York City-based
provider of
AI-native radio
access networks,
raised $45 million
in Series A
funding. The
investment aims to
expand operations
and development,
with key backers
including Booz
Allen, Cisco
Investments,
Nokia, and Nvidia.
Previous...
Investors: Booz
Allen, Cisco
Investments,
Nokia, Nvidia,
Phoenix Venture
Partners, Cerberus
Capital Management
$50M
Tripo AI announced
$50 million in
funding to develop
production-ready
3D model
architectures that
generate assets in
native
three-dimensional
space. The funding
round was led by
Alibaba and Baidu
Ventures, aimed at
advancing research
in large-scale 3D
foundation models
and...
Investors:
Alibaba, Baidu
Ventures
$25M
Deccan AI, a
Mountain View,
CA-based
generative AI data
company, raised
$25 million in
funding. The round
was led by A91
Partners, with
participation from
Susquehanna and
prior investor
Prosus Ventures.
The company plans
to use the funds
to expand...
Investors: A91
Partners,
Susquehanna,
Prosus Ventures
Undisclosed
zerotoone.ai, an
enterprise AI
platform, has
acquired
groundtruth, a
company
specializing in
real-world data
and consumer
behavior signals.
This acquisition
aims to enhance
AI-driven decision
systems that
predict consumer
actions,
addressing the
need for more
proactive insights
rather than
just...
$94M
Isara, a San
Francisco-based
startup, has
raised $94 million
from investors
including Amity
Ventures, Michael
Ovitz, and Stanley
Druckenmiller,
with OpenAI
backing the
company at a $650
million valuation.
Founded by Eddie
Zhang and Henry
Gasztowtt, Isara
develops software
that...
Investors: Amity
Ventures, Michael
Ovitz, Stanley
Druckenmiller,
OpenAI
Undisclosed
Zendesk has
completed its
acquisition of
Forethought to
enhance its
AI-driven customer
service
capabilities. This
deal allows
Zendesk to
integrate
Forethought's
autonomous agent
technology, which
automates routine
service tasks and
continuously
learns from
interactions. The
acquisition aims
to improve
resolution...
$50M
Above Security has
raised $50 million
in funding to
address insider
risk in the
context of
increasing
autonomy of
artificial
intelligence
systems within
enterprises. The
investment aims to
enhance security
measures in the
evolving landscape
of AI-driven
operations.
$0.5184M
EarthDaily has
secured a โฌ480,000
grant from the
French Ministry of
Economy to enhance
agricultural
intelligence in
Ukraine. The
funding will
support a project
aimed at providing
crop area
estimates and
yield trends,
addressing food
security
challenges amid
disruptions in...
Undisclosed
Vena: Acquisition
Of Acterys To
Expand AI-Driven
Planning Across
Microsoft
Ecosystem
Financial Services
& Wealth
Management
$40M
Spade, a New
York-based data
and AI platform
for financial
institutions, has
raised $40 million
in Series B
funding to enhance
its capabilities
and scale
operations. The
investment aims to
address challenges
faced by financial
institutions in
data management
and...
$1.62M
Galdera Labs, a
Stockholm,
Sweden-based
provider of an
AI-powered
platform for
financial
modeling, raised
โฌ1.5 million in
pre-seed funding.
The round was led
by J12 Ventures,
with participation
from Antler and
angel investors.
The company plans
to use the
funds...
Investors: J12
Ventures, Antler
$125M
Qualified Health,
an enterprise AI
platform focused
on healthcare, has
raised $125
million in a
Series B financing
round to enhance
the deployment of
artificial
intelligence
across health
systems. The round
was led by New
Enterprise
Associates, with
participation
from...
Investors: New
Enterprise
Associates,
Transformation
Capital,
GreatPoint
Ventures, Cathay
Innovation, Menlo
Venturesโ
Anthology Fund
$45M
Thesis Care, an
AI-powered care
team platform, has
raised $45 million
in Series A
funding,
increasing its
total funding to
$60 million. The
funding round was
led by Oak HC/FT,
with participation
from CRV, Black
Opal Ventures, and
healthcare
technology...
Investors: Oak
HC/FT, CRV, Black
Opal Ventures
$13.5M
Dimer Health, an
AI-native
transitional care
medicine company,
has secured $13.5
million in Series
A financing to
enhance its
post-discharge
care platform and
support national
expansion. The
funding round was
led by Team8 and
Table Management,
with additional
participation
from...
Investors: Team8,
Table Management,
Silver Circle,
TechAviv
$4M
Triangle Health,
an AI-powered
health navigation
platform, has
raised $4 million
in pre-seed
funding. The
company aims to
address health
navigation
challenges,
inspired by
cofounder Arun
Verma's personal
experience with
brain cancer. The
funding will
support the
development of
their...
$2M
Stratum
Biosciences, a New
York City-based
biotechnology
company, raised $2
million in seed
funding to enhance
its AI-powered
skin biology
discovery
platform. The
funding was backed
by the Harvard
Business School
Alumni Angels of
Greater New York
and Skin
Angels,...
Investors: Harvard
Business School
Alumni Angels of
Greater New York,
Skin Angels
Undisclosed
Petasight Inc.,
based in Dover,
Delaware, has
acquired Babbage
Insight Two Inc.,
a New York City
provider of
patent-pending
algorithms. The
deal amount was
not disclosed, and
it aims to enhance
Petasight's AI-led
operating system
for life sciences
primary market...
$2.16M
German industrial
AI startup
Deeplify has
secured โฌ2.0
million in a
pre-seed funding
round led by D11Z
Ventures, with
participation from
Vanagon Ventures,
Ewor, and
strategic business
angels. The
funding will
enhance Deeplify's
AI platform aimed
at modernizing
inspection and...
Investors: D11Z
Ventures, Vanagon
Ventures, Ewor
$60B
Anthropic is
considering an IPO
that could raise
over $60 billion,
with discussions
involving major
banks like Goldman
Sachs and JPMorgan
Chase. The
company, valued at
$380 billion after
a $30 billion
Series G round led
by GIC and
Coatue...
Investors: GIC,
Coatue Management
$830M
French AI start-up
Mistral has raised
$830 million in
its first debt
financing to fund
a data centre near
Paris, aimed at
enhancing AI model
training and
high-performance
inference
services. The
deal, supported by
a consortium of
seven top-tier
global...
$2.484M
Keith, a UK-based
AI-native law
firm, has raised
โฌ2.3 million (ยฃ2
million) in seed
funding to
automate up to 80%
of traditional
legal work,
addressing
inefficiencies in
the legal system
that lead to over
530,000 failed
property
transactions
annually. The...
Investors: Backed
VC, Breega
Undisclosed
Soxton AI, an
AI-powered legal
technology
company, has
acquired Cipher, a
real-time security
platform. This
acquisition
enhances Soxton's
full-stack AI
legal
infrastructure by
providing advanced
protection for
autonomous
workflows and
sensitive startup
data.
New Venture
Capital Funds
$2B
New York-based
Thrive Holdings,
an offshoot of
Thrive Capital, is
raising at least
$2 billion to
acquire and
upgrade businesses
in traditional
service sectors
using AI. The firm
has secured
approximately $1
billion in initial
commitments and is
exploring an...
Undisclosed
Audos.com has
acquired No Cap
and launched its
first cohort of
entrepreneurs
focused on
building
revenue-generating
AI-native
businesses. This
initiative aims to
support everyday
founders outside
the traditional
venture capital
model, providing
them with AI
tools, mentorship,
and flexible
funding....
$350M
Cambridge Mobile
Telematics
announced a $350
million strategic
investment led by
TPG and Allianz X,
with participation
from State Farm.
This funding will
be used to expand
its AI-driven
telematics
platform and
accelerate global
road safety
initiatives.
Investors: TPG,
Allianz X, State
Farm
$4.32M
Nature Robots, a
deeptech AI
startup based in
Osnabrรผck,
Germany, has
raised โฌ4 million
in seed funding to
enhance autonomous
agriculture. The
funding round was
led by Climentum
Capital, Bayern
Kapital, and
Planetary Impact
Ventures. The
company aims to
tackle...
Investors:
Climentum Capital,
Bayern Kapital,
Planetary Impact
Ventures
Undisclosed
SAP Announces
Acquisition Of
Reltio To Advance
AI-Ready Data
Strategy
Undisclosed
Collectly, an
AI-powered patient
financial
experience
platform, has
acquired Pledge
Health, an AI
automation
company, to
enhance its
automation
capabilities
across the patient
financial journey.
This acquisition
aims to streamline
pre-service
financial
workflows and
improve billing
and payments.
Productivity &
Personal
Assistants
$8M
Novaworks has
secured $8 million
in seed funding,
led by Stalwart
Ventures, with
additional
participation from
ServiceNow
Ventures and Bell
Ventures. The
company aims to
revolutionize
workforce
management with
its AI-native
operating system,
designed to help
enterprises
effectively manage
employees,...
Investors:
Stalwart Ventures,
ServiceNow
Ventures, Bell
Ventures
$4.32M
Sous, an
Amsterdam-based
developer of an
AI-driven growth
platform for the
hospitality
industry, raised
โฌ4 million in seed
funding. The
investment was led
by Seed + Speed
Ventures, with
participation from
PeakBridge,
Altitude, Gekko
Capital, and angel
investors. The
company...
Investors: Seed +
Speed Ventures,
PeakBridge,
Altitude, Gekko
Capital
Undisclosed
Ruder Finn
Acquires IR Firm
The Equity Group
To Expand
AI-Driven
Communications
Capabilities
$75M
Mirage, a New York
City-based AI
video creation
platform, has
raised $75 million
in growth
financing from
General Catalystโs
Customer Value
Fund, increasing
its total funding
to over $175
million. This
capital will help
the company expand
its global
presence...
Investors: General
Catalystโs
Customer Value
Fund
$3M
FiEE has announced
a $3 million
investment to
develop an
AI-powered music
ecosystem,
acquiring a 51%
stake in YinLian
Culture for
$51,000. The
investment aims to
create a
vertically
integrated AI
music
infrastructure,
leveraging Maltose
Culture's
expertise in
China's music...
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