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Stuut, the New York-based AI platform that runs order-to-cash for large enterprises, has secured a $52.5 million Series B led by Insight Partners, with participation from Andreessen Horowitz, M12, Microsoft’s Venture Fund and Activant.
French AI lab Mistral AI has released Mistral Large 4 (ML4), a new large multimodal model intended to compete with both American and Chinese rivals, in line with what French President Emmanuel Macron has described as a third way in AI.
Deepslate, a Brandenburg-based AI model lab headquartered in Templin, has secured €7.7 million in Seed funding to advance speech-to-speech AI models built and hosted entirely in Europe.
Palo Alto-based PaleBlueDot AI, an intelligence infrastructure platform provider, has secured $200 million in Series C financing at a $3.2 billion valuation. The round was led by ComputeCore, with participation from B Capital and other investors.
Insider Brief PRESS RELEASE — Supabase, the leader in agentic infrastructure and open source Postgres development platform, has announced $150 million in new funding led by GIC, with Alphabet’s independent growth fund CapitalG, IronArc, and SquarePeg also participating.
Falcon AI, the technology company behind AI-native law firm Falcon Law, has secured €1.5 million in pre-seed funding, one of the largest rounds for a Belgian legal-tech startup.
AI cybersecurity company Armadin has secured $255.5 million in a Series B round that values it at more than $2.5 billion, bringing its total funding to $445 million.
AI startup Photon has secured $4.5 million in seed funding co-led by Gradient and A*, with participation from Vercel, HSG, Z Fellows, Llama Ventures, Karman and angel investors.
Satlyt, a startup headquartered in Sunnyvale, California, and Nairobi, has secured an $8 million seed round led by Houston-based Non Sibi Ventures to build software that lets AI models run on satellites and share large computing workloads in space.
Doha-based agentic AI startup Aligator has secured investment from Qatar Development Bank and Next Ventures, a fund by Media City Qatar, to expand its autonomous agents for the public relations industry.
Berlin-based Restate has secured a $20 million Series A led by Singular, with participation from Redpoint Ventures and Capital One Ventures, as demand for resilient AI agent infrastructure grows.
Insider Brief PRESS RELEASE — GMI Cloud, an AI-native cloud delivering high-performance GPU infrastructure and inference services, announced $668 million in new financing, comprising $223 million in equity for Series B and a $445 million credit facility led by CTBC.
Voice AI startup ElevenLabs has announced a $300 million tender offer allowing employees to sell part of their vested equity at a $22 billion valuation. The figure doubles the $11 billion valuation the company reached in February, when it secured $500 million in funding.
Insider Brief PRESS RELEASE — Menos AI, an AI-native platform for institutional investors, announced a new $5.1 million Pre-A financing led by returning investor Copper Sky Capital, with participation from Alpha Square Group. The round brings total funding to more than $10 million.
Insider Brief PRESS RELEASE — Efficient Computer, the company building the world’s most energy-efficient processors, announced it entered into agreements for more than $97 million in Series B financing at a $650 million valuation, bringing its total funding raised to $173 million.
AI security startup Reco has raised $55 million, extending a $30 million Series B from February, with participation from AT&T’s venture arm, Forestay and Quadrille Capital. The funding brings its total raised to $140 million.
Peak XV Partners, the venture firm managing more than $10 billion across markets including India and Southeast Asia, has increased its per-company investment ceiling through Surge, its seed-stage platform, to $5 million from $3 million.
AI inference infrastructure provider Modal Labs is nearing a $750 million funding round led by Accel at a $15.75 billion valuation, according to a source familiar with the deal.
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