Startups

Thinking Machines Startups Venture Capital

Mira Murati's Thinking Machines Lab Raises $2B Seed Round

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Chris McKay• July 15, 2025 • 2 min read

Mira Murati's six-month-old AI startup Thinking Machines Lab closed a historic $2 billion seed round led by Andreessen Horowitz, setting a new record for early-stage funding despite having no product or revenue.

Startups

Cognition Acquires Windsurf After Google's Talent Raid Left it Gutted

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Chris McKay• July 14, 2025 • 2 min read

Cognition, maker of AI coding agent Devin, is acquiring Windsurf after Google hired away the startup's CEO and co-founder in a $2.4 billion reverse-acquihire deal.

Healthcare Venture Capital Startups

Abridge Raises $300M Series E at $5.3B Valuation

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Chris McKay• June 25, 2025 • 3 min read

The Pittsburgh startup that's gunning for Microsoft's crown in AI medical note-taking just raised $300 million in Series E funding at a $5.3 billion valuation, nearly doubling its worth in just four months.

Venture Capital Startups

Legal AI Upstart Harvey Raises $300 Million, Rockets to a $5 Billion Valuation

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Chris McKay• June 24, 2025 • 2 min read

Harvey AI raised $300 million at a $5 billion valuation just four months after its previous $300 million round, marking the highest valuation for any legal AI startup as the company plans global expansion and moves beyond legal services.

Startups Research

Databricks Co-founder Launches Laude Institute, Stakes His Own $100 Million

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Chris McKay• June 24, 2025 • 2 min read

Databricks and Perplexity co-founder Andy Konwinski is putting $100 million of personal funds behind Laude Institute, a grant-style venture that’s kicking off with a five-year, $15 million commitment to an AI Systems Lab at UC Berkeley.

Thinking Machines Startups Venture Capital

Former OpenAI CTO Mira Murati Raises $2B for Thinking Machines at $10B valuation

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Chris McKay• June 20, 2025 • 2 min read

Andreessen Horowitz is leading a jaw-dropping $2 billion seed round that values Mira Murati’s stealthy Thinking Machines Lab at $10 billion.

Startups

This 6-month-old AI startup just sold to Wix for $80 million

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Chris McKay• June 19, 2025 • 3 min read

Wix acquired six-month-old AI coding platform Base44 for $80 million, highlighting how AI tools are enabling tiny teams to build valuable companies faster than ever.

Enterprise AI Venture Capital Startups

Glean Doubles Down on AI Agents with $150M Raise as Enterprise Adoption Explodes

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Chris McKay• June 10, 2025 • 1 min read

Glean secures $150 million in Series F funding, raising its valuation to $7.2 billion, as it accelerates the integration of AI agents across enterprise workflows.

Salesforce Startups Enterprise AI

Salesforce Snaps Up Moonhub's AI Team as Startup Winds Down

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Chris McKay• June 2, 2025 • 2 min read

Salesforce hired most of Moonhub's team as the AI recruiting startup shuts down, bringing crucial talent to its Agentforce platform in the heated race for enterprise AI agents.

Venture Capital Startups

Synthesia Co-Founder Raises $13M to Build the "Holy Grail" of AI: Interactive 3D Worlds from Text

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Chris McKay• May 27, 2025 • 3 min read

Munich-based SpAItial has raised $13 million in seed funding to develop spatial foundation models that generate interactive, photorealistic 3D environments from text prompts or images, positioning itself as a European challenger in the rapidly growing spatial AI market.

Google Startups Venture Capital

Google Launches AI Futures Fund to Back Startups Using DeepMind Technology

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Chris McKay• May 12, 2025 • 1 min read

Google has established a new investment fund specifically to back startups building with its DeepMind AI models, offering both financial support and privileged access to its technology.

Venture Capital Startups

Supio Raises $60M to Make AI the New Legal Powerhouse in Personal Injury Cases

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Chris McKay• May 1, 2025 • 2 min read

Personal injury firms are reporting 20-30% higher settlements with the startup's specialized legal AI platform

Venture Capital Startups

Lightrun Raises $70M as Enterprises Bet Big on its AI-Driven Debugging Platform

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Chris McKay• April 28, 2025 • 2 min read

Lightrun secures $70M Series B to accelerate AI-driven autonomous remediation, addressing the critical need for real-time code resilience in the AI-fueled era of software development.

Venture Capital Startups

Endor Labs Raises $93M Series B to Safeguard AI-Generated Code

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Chris McKay• April 23, 2025 • 1 min read

Endor Labs has raised $93 million in a Series B funding round led by DFJ Growth to enhance its platform that secures AI-generated code, addressing the growing need for robust application security in the era of AI-driven software development.

Startups

Chatbot Arena Rebrands as LMArena, Becomes a Company

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Chris McKay• April 17, 2025 • 2 min read

Popular AI testing platform Chatbot Arena is transforming into a company called Arena Intelligence Inc. to expand its widely-used model comparison service.

Venture Capital Startups

Former YC President, Geoff Ralston, Launches Fund for "Safe AI" Startups

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Chris McKay• April 17, 2025 • 2 min read

Geoff Ralston, ex-president of Y Combinator, has launched the Safe Artificial Intelligence Fund (SAIF) to invest in early-stage startups focused on AI safety, security, and responsible deployment.

Venture Capital Startups Video AI

Capsule Secures $12M to Scale AI-Powered Video Editing for Enterprise Teams

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Chris McKay• April 16, 2025 • 2 min read

Video editing platform Capsule has raised $12 million in Series A funding to expand its AI-powered tools that help non-creative teams produce brand-compliant videos at scale.

OpenAI Startups

OpenAI Acqui-hires Context.ai Team to Boost Model Evaluation Efforts

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Chris McKay• April 15, 2025 • 2 min read

OpenAI has acquihired the team behind Context.ai, a GV-backed startup known for its analytics tools that help developers understand how AI models perform in the real world.

Synthesia Video AI Startups

Adobe Invests in Synthesia as the AI Video Startup Hits $100M Revenue Milestone

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Chris McKay• April 15, 2025 • 2 min read

Synthesia has received a strategic investment from Adobe after surpassing $100 million in annual recurring revenue, signaling growing enterprise demand for AI-generated video.

SSI Venture Capital Startups

Sutskever’s Safe Superintelligence Raises Another $2B at $32B Valuation

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Chris McKay• April 12, 2025 • 2 min read

Safe Superintelligence, the AI startup founded by OpenAI’s former chief scientist Ilya Sutskever, has raised $2 billion at a $32 billion valuation—without a product on the market.

Venture Capital Startups

Ex-OpenAI CTO's Stealth Startup Targets Record-Breaking $2B Seed Round

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Chris McKay• April 10, 2025 • 2 min read

Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, is reportedly seeking a $2 billion seed round that would value the nascent AI company at $10+ billion despite having no product yet.

Venture Capital Startups

Incident.io Raises $62M to Build AI Agents That Keep Systems Running

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Chris McKay• April 10, 2025 • 1 min read

London-based incident.io has raised $62 million in Series B funding to develop AI agents that can investigate and resolve software outages alongside human engineers.

Venture Capital Startups

Adaptive Security Raises $43M to Combat AI Cyber Threats

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Chris McKay• April 3, 2025 • 2 min read

New York-based Adaptive Security has raised $43 million in a Series A co-led by OpenAI’s Startup Fund and Andreessen Horowitz, marking OpenAI’s first investment in a cybersecurity firm.

Venture Capital Startups

Actively AI Lands $22.5M to Build 'GTM Superintelligence' for Sales Teams

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Chris McKay• April 2, 2025 • 2 min read

New York-based Actively AI has raised $22.5 million in funding to develop AI reasoning models that help sales teams identify high-value prospects rather than maximizing contact volume.

Startups

Qualcomm Acquires VinAI's Generative AI Division

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Chris McKay• April 1, 2025 • 2 min read

Qualcomm has acquired the generative AI division of Hanoi-based VinAI to strengthen its research and development across a range of smart devices and applications.