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Cambridge, U.K.-based artificial intelligence lab Fetch.ai Ltd. today announced the launch of FetchCoder V2, an AI coding assistant purpose-built for autonomous software development. According to the company, its new AI software development assistant addresses challenges that traditional, general-purpose copilots can’t by helping …
Project Eleven raises $20M to prepare cryptoasset blockchains for the quantum era
Project Eleven, a pioneer leading the post-quantum security migration for digital assets, said Wednesday it raised $20 million in early-stage funding to fuel its mission to protect blockchain infrastructure. Castle Island Ventures led the round, joined by Coinbase Ventures, Fin Capital, Variant, …
Konnex nabs $15M to decentralize autonomous robotic labor
Konnex, a pioneer in the decentralization of autonomous labor using the blockchain, today announced it raised $15 million to accelerate the company’s mission to unlock what it calls “the physical work economy.” The round featured prominent backers from venture firms including Cogitent …
Parloa raises $350M to make enterprise customer experience fully conversational
Parloa GmBH, a Berlin-based artificial intelligence customer experience automation platform startup, announced today it has raised $350 million in late-stage funding at a $3 billion valuation led by General Catalyst. The company’s existing investors showed strong continued support including EQT Ventures, Altimeter …
DianaHR deploys onboarding agent to cut HR’s paperwork gravity
Diana Intelligence Corp., which offers HR-as-a-service for businesses using artificial intelligence, today announced what it says is a breakthrough in human resources assistance with an agentic AI onboarding system. Like any operations at a business, HR spans everything from recruiting to culture, …
Converge Bio raises $25M to accelerate drug discovery using generative AI solutions
Accelerated drug discovery and development platform Converge Bio Inc. today announced it has raised $25 million in early-stage funding to develop better drugs for pharmaceutical companies and open up opportunities in the industry using artificial intelligence. Bessemer Venture Partners led the Series …
LambdaTest rebrands as TestMu AI to become agentic quality platform
TestMu AI, formerly LambdaTest Inc., today rebranded itself from a cloud testing platform to become an agentic artificial intelligence engineering quality testing platform. Founded in 2018, LambdaTest built itself as a cloud-based test orchestration and execution platform designed to assist organizations to …
Cast AI raises funds from Pacific Alliance Ventures at $1B valuation to launch unified GPU marketplace
Cast AI Group Inc., a startup that specializes in optimizing the efficiency of cloud-native environments, today announced it raised new funding from Pacific Alliance Ventures, surpassing a $1 billion valuation, to launch a unified cloud graphics processing unit marketplace. Following last year’s …
Fireblocks acquires Tres Finance to bring financial controls to digital assets
Digital asset custody and infrastructure firm Fireblocks Inc. has acquired Tres Finance Ltd., a leading provider of crypto accounting, reconciliation and financial management suite for digital assets. Fireblocks said Wednesday that for years, the cryptocurrency industry has grown from facilitating global payments …
Cyera bets big on AI data security with $400M round at $9B valuation
Artificial intelligence and data security company Cyera Ltd. announced it has raised $400 million in late-stage funding today, six months after its last capital infusion, bringing the company’s valuation to $9 billion. The Series F round was led by funds managed by Blackstone, …