Quantum Systems Raises $1.2B, Wayve's $85M Tender, and Etched Hits $5B Valuation

Hi there,

Welcome to the latest edition of the AI Funding Brief, where we bring you the most recent developments in the world of AI business investments. This week, Brand Engagement Network has acquired Cataneo to enhance its advertising capabilities through AI integration. Meanwhile, Wayve has launched an $85 million employee tender offer, following a significant funding round, to retain talent as it prepares for robotaxi pilots with Uber and AI collaborations with Nissan. Additionally, AI chip startup Etched has reached a $5 billion valuation, securing substantial contract orders for its innovative chip technology.

In other news, Covenant has increased its investment in Hill Research after a notable revenue surge, supporting advancements in clinical trial processes. National Holding Company has acquired Moving.com and MoveAI to improve AI-powered moving services, while Tilt has entered the Brazilian market by acquiring Blipay. Furthermore, Turbo Law and CollPlant Biotechnologies have raised funds to enhance their AI platforms, and EquiLibre Technologies has achieved a $500 million valuation. Lastly, Quantum Systems has raised $1.2 billion and is considering a merger with Stark to expand its drone technology offerings.

Taxwire Secures $25M for Sales Tax Automation

Taxwire, a startup based in New York, has raised $25 million to advance its AI-driven platform for automating sales tax compliance across over 22,000 US jurisdictions. Read more

Acti Launches AI Keyboard in Singapore

Singapore-based startup Acti has launched an AI-powered keyboard for smartphones that suggests words and performs actions within apps. The company emphasizes user privacy and has raised $5.3 million in seed funding. Read more

Cloud Capital's $6 Billion AI Infrastructure Venture

On July 1, 2026, Cloud Capital announced a $6 billion joint venture with Realty Income and a Global Institutional Investor to enhance AI infrastructure through hyperscale data centers in the U.S. and Europe. Read more

ARTAN Bio Secures $1 Million for AI-Driven tRNA Platform

ARTAN Bio, a biotechnology company, has raised $1 million in seed funding to advance its AI-driven tRNA platform towards human studies. The company also announced leadership changes with Brian Bodemann as the new CEO. Read more

Brand Engagement Network Acquires Cataneo for AI in Advertising

Brand Engagement Network has completed its acquisition of Cataneo to integrate AI technologies into Cataneo's MYDAS platform, enhancing AI deployment in advertising. Read more

Kim.cc Receives Funding from Stellaris Venture Partners

Kim.cc has secured funding from Stellaris Venture Partners to expand its AI-native customer support operations in the U.S. and develop advanced solutions. Read more

Venice AI Achieves Unicorn Status with $65M Funding

Venice AI has secured $65 million in Series A funding, reaching a $1 billion valuation. The company focuses on privacy-first AI solutions and has 3 million active users. Read more

Bhavin Turakhia Invests $30M in AI Alternative to Microsoft Office

Indian entrepreneur Bhavin Turakhia is investing $30 million to develop Neo, an AI-driven platform aimed at replacing traditional workplace software like Microsoft Office. Read more

Covenant Invests Again in Hill Research After Revenue Surge

Covenant has made an additional investment in Hill Research following a significant revenue increase. The investment supports Hill Research's AI platform, TriClick, which enhances clinical trial processes. Read more

CarbonSix Raises $40 Million for Physical AI

CarbonSix has secured $40 million in Series A funding to enhance its Physical AI solutions for global manufacturing, aiming to improve efficiency and ROI. Read more

LinqAlpha Raises $22 Million for AI in Public Markets

LinqAlpha has secured $22 million in Series A funding to advance its AI solutions for global public markets. The investment aims to enhance institutional investors' capabilities with AI-driven market analysis. Read more

Marlinspike Partners Closes $127M Fund for AI and Security

Marlinspike Partners has closed its Disruptive Technology Fund II, raising $127 million to invest in early-stage companies focused on AI, robotics, and advanced manufacturing to enhance U.S. military and economic capabilities. Read more

Turbo Law Secures $3.8 Million for AI Litigation Platform

Turbo Law has raised $3.8 million to enhance its AI-driven litigation platform, focusing on developing advanced features to streamline legal processes. Read more

Storika Secures Seed Funding to Enhance AI Platform

Storika, an AI-driven influencer marketing platform, has received seed funding from Amorepacific and other investors to improve its AI infrastructure and expand its U.S. presence. Read more

CollPlant Raises $2.6M for AI in Regenerative Medicine

CollPlant Biotechnologies has secured $2.6 million through a private placement to fund AI-driven regenerative medicine research and development. Read more

USD.AI and BSQ Capital Partners Launch $300M AI Compute Venture

USD.AI and BSQ Capital Partners have announced a joint venture to provide $300 million in financing for AI compute infrastructure in the Asia-Pacific region, with potential expansion to $1 billion. Read more

Dominion Dynamics Secures $139M CAD for Arctic Surveillance

Dominion Dynamics, an Ottawa-based defence technology company, has raised $139M CAD in Series A funding to enhance its AI-driven systems and expand operations. Read more

EquiLibre Technologies Valued at $500 Million

Former DeepMind researchers have launched EquiLibre Technologies, an AI lab using poker AI for stock trading, achieving a $500 million valuation. Read more

National Grid Ventures Invests in Joulent LLC for AI Data Center Power Solutions

National Grid Ventures has invested $1.75 billion in Joulent LLC to enhance power solutions for U.S. data centers. This partnership aims to develop scalable power infrastructure to meet the electricity demand driven by AI and cloud technologies. Read more

ALR Technologies Acquires CGM Medical Technology

ALR Technologies announced plans to acquire CGM Medical Technology for $45 million and 200 million shares. The acquisition aims to enhance AI-driven diabetes management and production of glucose monitors. Read more

Vendavo Acquires Model N's High-Tech Unit

Vendavo has announced the acquisition of Model N's High-Tech business unit to enhance its AI-driven revenue management solutions. This move aims to integrate pricing and rebate capabilities with channel data management expertise. Read more

Experity Acquires Exdion Healthcare for AI Revenue Management

On July 1, 2026, Experity announced its acquisition of Exdion Healthcare to enhance AI-driven revenue cycle management in urgent care clinics. Read more

Edge226 Acquires AnyClip Ltd.

Edge226 has announced the acquisition of AnyClip Ltd. to bolster its AI-driven performance marketing with enhanced video intelligence and monetization capabilities. Read more

Quantum Systems Raises $1.2 Billion, Considers Stark Merger

Munich-based drone maker Quantum Systems has raised $1.2 billion in Series D funding, reaching an $8 billion valuation. The company is exploring a merger with German startup Stark and expanding into robotics and humanoids. Read more

Wayve Offers $85M Employee Tender at $8.5B Valuation

Wayve, a self-driving tech startup, has launched an $85 million tender offer for employees to sell part of their vested equity, following a $1.2 billion Series D funding round. The company aims to retain talent and is planning robotaxi pilots with Uber and AI integration with Nissan by 2027. Read more

Etched Reaches $5 Billion Valuation and $1 Billion in Sales

AI chip startup Etched has achieved a $5 billion valuation and secured $1 billion in contract orders for its AI chips, following successful manufacturing by TSMC. Read more

National Holding Company Acquires Moving.com and MoveAI

National Holding Company has acquired Moving.com and MoveAI to enhance AI-powered moving services, aiming to integrate technology with professional moving services for a better consumer experience. Read more

Tilt Acquires Blipay to Enter Brazilian Market

Tilt, a San Francisco-based fintech, has acquired Blipay, a Brazilian lender, to expand its AI-driven credit solutions in Brazil's consumer credit market. Read more

Pilot Photonics Receives €10.4M from European Innovation Council

Dublin-based firm Pilot Photonics has secured up to €10.4 million in funding from the European Innovation Council to advance its photonic chip technology for AI data centers and communications. Read more

ElevenLabs Considers Employee Stock Sale at $22 Billion Valuation

ElevenLabs is in talks with investors about a secondary share sale for employees, potentially valuing the company at $22 billion. The AI startup, known for its voice generation tools, aims to finalize the deal by September. Read more

Quarterhill Acquires Conduent's Tolling Solutions

Quarterhill Inc. has acquired the tolling solutions business from Conduent Business Services, LLC, aiming to significantly increase its tolling revenue and establish a leading platform in electronic tolling services. Read more

Categories

Companies

Resources

Quantum Systems Raises $1.2B, Wayve's $85M Tender, and Etched Hits $5B Valuation - AI Funding Brief #72

We hope you enjoyed this article.

More from: Funding

More from: Public Markets

Subscribe to AI Funding Brief