Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Karoo Health Raises $16.2 Million to Advance AI Cardiovascular Platform

Karoo Health has secured $16.2 million in Series A funding, co-led by 7wire Ventures and Allumia Ventures, to expand its AI cardiovascular care platform and partnerships with health plans and cardiology providers.

July 21, 2026

Tuya Smart Invests in Robopoet to Expand Physical AI Commercialization

Tuya Smart has invested in Robopoet's 100 million RMB pre-A financing round, aiming to accelerate the commercialization of physical AI. The partnership builds on the success of Robopoet's Fuzozo AI companion, which has sold nearly 300,000 units.

July 21, 2026

Augustus Raises $180 Million Series B at $1 Billion Valuation

Augustus has announced a $180 million Series B funding round at a $1 billion valuation, led by Tiger Global. The funds will support its goal to provide international fintechs and banks with direct access to US dollar accounts through a federally chartered platform.

July 21, 2026

SkyPilot Launches Unified AI Compute Platform with $20 Million Seed Funding

SkyPilot has launched from stealth with $20 million in seed funding led by Lux Capital. The company introduced SkyPilot Platform, a managed system that unifies AI compute across clouds, clusters, and hardware types for frontier AI teams.

July 21, 2026

Meshy Raises $400 Million Series B at $1.5 Billion Valuation

Meshy has secured nearly $400 million in a Series B funding round at a $1.5 billion valuation, supported by major global investors. The AI 3D company also released new features including Meshy 3D Agent, Auto Split, Smart Topology, and 8K Texture.

July 21, 2026

Siemens to Acquire Defacto Technologies for Automated SoC Design Tools

Siemens announced an agreement to acquire Defacto Technologies, a French EDA software firm specializing in automated system-on-chip design creation and integration. The acquisition expands Siemens’ capabilities across the SoC design lifecycle, from early creation through verification and signoff.

July 21, 2026

Skyfall AI Emerges from Stealth to Build the Autonomous Enterprise

Skyfall AI, founded by the creators of Maluuba, has launched from stealth with backing from major investors and plans to acquire a small SaaS business to test fully autonomous company models.

July 21, 2026

CuspAI Raises $450 Million and Launches AI Materials Foundry

British startup CuspAI has secured $450 million in Series B funding and introduced the AI Materials Foundry, a global coalition focused on accelerating the discovery of new materials for semiconductors and other industries using artificial intelligence.

July 21, 2026

Bristol Myers Squibb Expands AI Research with NVIDIA Vera Rubin SuperPOD

Bristol Myers Squibb will deploy NVIDIA's DGX Vera Rubin NVL72 systems to enhance its AI capabilities across drug discovery and development, expanding its existing collaboration with the chipmaker to create the most powerful AI infrastructure in life sciences.

July 21, 2026

Vertiv Acquires Strategic Thermal Labs to Strengthen Liquid Cooling Capabilities

Vertiv has acquired Strategic Thermal Labs, a Texas-based specialist in advanced liquid cooling and thermal engineering for high-performance computing, expanding its expertise in AI and data center thermal solutions.

July 21, 2026

Natural Raises $30 Million to Build Payments Stack for AI Agents

San Francisco-based startup Natural has raised $30 million in Series A funding led by Forerunner Ventures to develop payments infrastructure for AI agents, with six products now generally available.

July 21, 2026

Siemens to Acquire Precision Innovations for AI Chip Design Tools

Siemens has agreed to acquire Precision Innovations, an electronic design automation company specializing in AI-powered chip planning tools built on the OpenROAD framework. The acquisition expands Siemens' EDA portfolio to offer faster system-on-chip design exploration and optimization.

July 21, 2026

Apple Explores Acquisitions to Boost AI Server Chip Capabilities

Apple is exploring the purchase of chip startups to strengthen its AI server processors, following internal performance challenges with its current M2 Ultra-based systems.

July 21, 2026

Harvey Acquires Benchmark to Expand Asset Management Capabilities

Harvey has acquired Benchmark, a New York-based decision infrastructure platform for asset management, marking its third acquisition of 2026 as it broadens support for legal work tied to investment activities.

July 20, 2026

Reo.Dev Raises $11.3 Million Series A to Expand AI Signals Platform

Reo.Dev has raised $11.3 million in Series A funding led by Elevation Capital, bringing its total funding to $15.3 million. The company plans to expand its AI capabilities and support its growing customer base of technical B2B software firms.

July 18, 2026

General Compute Secures $400 Million Debt Facility to Scale AI Inference Cloud

General Compute has obtained a debt facility of up to $400 million from Upper90 Capital Management to expand its inference cloud infrastructure built on SambaNova chips, aiming to deliver AI inference performance significantly faster than GPU-based systems.

July 17, 2026

Fireworks AI Raises $1.5 Billion at $17.5 Billion Valuation

AI infrastructure company Fireworks AI has raised $1.5 billion in a Series D round led by Atreides Management, Index Ventures, and TCV, reaching a valuation of $17.5 billion. The funding will be used to expand engineering capacity and global computing infrastructure.

July 17, 2026

Beacon Security Raises $13 Million to Expand Agentic Cyber Defense Platform

Beacon Security has raised $13 million in seed funding led by Notable Capital, with participation from Holly Ventures, AlphaDrive Ventures, and others. The company plans to enhance its AI-based cybersecurity platform that enables human and autonomous agents to detect and defend against threats.

July 17, 2026

DeweyLearn Raises $5 Million Series A to Expand Multimodal AI for Skill Assessment

DeweyLearn has secured $5 million in Series A funding led by SJF Ventures, with participation from Catalysis Capital, Morningside, and Owl Ventures. The company plans to expand its multimodal AI platform that evaluates human skill and performance using audio, video, and learning data across education and workforce training.

July 17, 2026

Industrial Development Funding and Oaktree Back $1.7 Billion Bloom Energy Project for Nebius AI

Industrial Development Funding and Oaktree announced a $1.7 billion investment to deploy Bloom Energy fuel cells powering Nebius AI cloud infrastructure, with Morgan Stanley and MUFG providing financing support.

July 17, 2026

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