Insider Brief PRESS RELEASE — Stitch, the operating system built for modern financial institutions, announced it has raised $25 million in Series A funding led by Andreessen Horowitz (a16z). The investment marks a16z’s first in the GCC and brings Stitch’s total funding to $35 million. In addition to a16z, existing investors Arbor Ventures, COTU Ventures, Raed Ventures, […]
Insider Brief Industrial robotics startup Mind Robotics has raised $400 million in new funding led by Kleiner Perkins, bringing total investment in the company to more than $1 billion. According to Mind Robotics, the round included new investors Meritech Capital, Redpoint Ventures, SV Angel, Incharge Capital, A-Star Capital and Garuda Ventures, alongside existing backers Accel, […]
Insider Brief PRESS RELEASE — Pit, an AI-native platform that replaces the patchwork of spreadsheets, inboxes, and rigid SaaS tools that run enterprise operations today, announced its public launch alongside $16 million in funding led by Andreessen Horowitz (a16z). The round includes participation from Lakestar, the Pit founders and executives from OpenAI, Anthropic, Google, Deel, and Revolut, […]
London-based Ethos has raised $22.75 million in a Series A led by Andreessen Horowitz, with participation from General Catalyst, XTX Markets, Evantic Capital, and Common Magic, to build an AI-powered alternative to legacy expert networks such as GLG and LinkedIn. Founded in 2024 by James Lo, formerly of McKinsey and SoftBank, and Daniel Mankowitz, an […]
Insider Brief PRESS RELEASE — District, an AI commerce platform, has announced $14.7M in seed funding led by Andreessen Horowitz and Kindred Ventures, with participation from Greylock Partners, Jaren Glover, former Depop CEO Maria Raga, Gokul Rajaram, Soleio, Deborah Liu, Imran Khan, Jacob Andreou, Peter Sellis, Josh Siegel, SV Angel, 20VC, and others. Founded by Snap alumni […]
Insider Brief PRESS RELEASE — Tessera Labs announced $60 million in oversubscribed funding led by Andreessen Horowitz (a16z) to accelerate its mission of bringing AI-native automation to enterprise transformation. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated. The announcement arrives as the global SAP community convenes in Orlando for its flagship annual event, underscoring […]
Returning backers a16z and Thrive are expected to lead the round.
OpenAI’s latest funding round, led by Amazon, Nvidia, and SoftBank, values the AI lab at $852 billion as it nears an IPO.
Insider Brief Saronic Technologies has raised $1.75 billion in a Series D round led by Kleiner Perkins, valuing the autonomous maritime systems company at $9.25 billion, as it looks to expand U.S. shipbuilding capacity and scale production of autonomous vessels. According to the company, new investors in the round include Advent International, Bessemer Venture Partners, […]