Medly AI grabs $8M to build an AI tutor for exam prep
London‑based Medly AI raised $8 million in seed funding to expand its AI‑powered tutoring platform, targeting millions of students worldwide.
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London‑based Medly AI raised $8 million in seed funding to expand its AI‑powered tutoring platform, targeting millions of students worldwide.
London‑based Nscale is preparing a US IPO that could raise up to $3 billion, joining a wave of AI data‑center companies tapping public markets.
AI startup Callosum secured $100 million in early financing to match AI tasks with the right models and chips, aiming to reduce costs for enterprises.
Canadian IP software startup NLPatent has rebranded as Clerq, adding agentic AI features to its platform to help legal teams handle the surge in patent applications driven by generative AI.
Micro1’s rapid growth to a $500M gross run rate reflects the surging demand for AI training data from top labs and corporations.
AI accounting startup Rillet announced a $100 million Series C at a $1 billion valuation, led by Iconiq, after doubling its ARR in the past three months.
Singapore‑based Questflow announced a brand repositioning that frames it as a platform for AI‑powered finance agents, aiming to democratise expert investment strategies through a new “Financial Codex.”
AI startup Cursor, now part of SpaceX, unveiled Origin, a new code‑hosting platform designed to compete with GitHub amid widespread outages and performance issues.
River AI closed a $1.1 billion round, led by General Catalyst and AMP, with strategic investment from NVIDIA and AMD, positioning itself as a major player in open‑weight model customization.
Stripe has finalized a deal to acquire OpenRouter, a startup that provides a single access point for multiple AI models, according to a Bloomberg report.
Fast‑fashion retailer Shein plans to list on the Hong Kong Stock Exchange on August 28, after earlier attempts to go public in New York and London.
Thrive Holdings, a private‑equity‑style AI firm backed by OpenAI, secured $2 billion in new funding at a $12 billion valuation to expand its AI‑powered services for businesses.
River AI, founded by xAI co‑founder Igor Babuschkin, secured $1.1 billion in a seed/Series A round to build a new AI stack focused on personal, trainable agents.
The AI‑focused hedge fund has poured $400 million into Source Foundry, a Stanford‑originated chip startup, bringing its total investment to $500 million amid a broader push to accelerate semiconductor manufacturing.
Three former Spotify engineers launch Malachyte, a startup that applies Spotify’s Vector AI to personalize online shopping in real time.
Former DeepMind engineers unveil Reimagine Robotics, a company building robots that can be trained by workers on the fly, reducing the need for specialist programmers.
WindBorne Systems raised $37 million in a Series B round to use AI‑driven weather balloons for more accurate, cost‑effective forecasts.
Robinhood will launch a publicly traded fund that allows retail investors to back Y Combinator startups, expanding access to venture capital.
European AI startup HappyRobot raises $150 million to expand its agentic AI platform beyond logistics into insurance, energy, telecoms and more.
The new company June raises $20 million to help enterprises deploy AI by automating complex workflows and reducing reliance on forward‑deployed engineers.