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News
Natural Raises $30 Million to Build Payment Rails for AI Agents
10+ hour, 50+ min ago (328+ words) Natural, a year-old company that is building a foundational payment stack for artificial intelligence agents, raised $30 million in a Series A funding round. The round brings Natural’s total funding to more than $40 million, the company said in a Monday (July…...
Moonshot Halts New Kimi K3 Subscriptions as Demand Overwhelms Compute
15+ hour, 26+ min ago (292+ words) Chinese artificial intelligence startup Moonshot temporarily paused new subscriptions to its new open-weight model, Kimi K3, due to capacity constraints. “Kimi K3 has received far more love than we expected, and our GPUs are feeling it,” Moonshot said in a Sunday (July…...
Medical AI Startup OpenEvidence Weighs $200 Million Funding Round
1+ day, 6+ hour ago (415+ words) However, the company is unlikely to proceed, partly because the fundraise will dilute founders and shareholders, The Information reported Friday (July 17), citing a source involved in the discussions. That source added that OpenEvidence has also held acquisition talks with a…...
VC Firm Lakestar Raises $300 Million to Fund European Tech Sovereignty
3+ day, 13+ hour ago (356+ words) European investment firm Lakestar has closed a $300 million Resilience I Fund designed to invest in defense and dual-use technologies that enhance Europe’s resilience capabilities, the company said in a Friday (July 17) post on LinkedIn. Lakestar said in the post that…...
Kalshi Launches Prediction Markets for Clinical Trials and FDA Decisions
4+ day, 11+ hour ago (287+ words) Prediction market Kalshi and public intelligence company AppliedXL have launched a pilot program that allows trading on clinical trial outcomes and Food and Drug Administration (FDA) regulatory decisions. The companies said in a Thursday (July 16) press release that examples of…...
Velocity Raises $38 Million as Stablecoins Reshape Mainstream Business Finance
6+ day, 8+ hour ago (374+ words) Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release. The company’s platform enables enterprises to retain their core treasury operations while…...
Anthropic Recruits Monzo Co-Founder to Tackle Compute Issues
6+ day, 12+ hour ago (404+ words) Anthropic has reportedly hired Monzo Co-Founder/Former CEO Tom Blomfield to strengthen its compute team. That’s according to a post Monday (July 13) from LinkedIn news, which noted that his hiring comes amid increasing competition for leading AI talent. Blomfield said…...
AI Banking Platform Flex Secures $1.2 Billion Valuation
6+ day, 16+ hour ago (402+ words) Flex, a 3-year-old startup offering artificial intelligence-powered banking solutions for medium-sized business owners, was valued at $1.2 billion in a funding round, Reuters reported Tuesday (July 14), citing an unnamed source. The B1 round more than doubled Flex’s valuation from six months ago,…...
Gauntlet Raises $125 Million to Power Institutional Crypto Vaults
1+ week, 6+ hour ago (242+ words) Gauntlet Networks, a digital asset risk and optimization firm, raised $125 million in a Series C funding round to support its continued development into a global organization. The company is a cryptocurrency industry yield curator that helps capital allocators, FinTechs, financial…...
Auger Raises $50 Million to Build Autonomous Supply Chain Operating System
1+ week, 11+ hour ago (314+ words) Auger raised $50 million in a Series B funding round to accelerate its build of an autonomous operating system for supply chain operations, Auger Founder and CEO Dave Clark said in a Thursday (July 9) post on LinkedIn. The company is “reinventing…...