Ian Crosby, the founder ousted from collapsed accounting startup Bench, has raised $10 million in seed funding for a new venture called Synthetic, which aims to build a fully autonomous AI bookkeeper capable of generating accrual-based financials without human involvement. The round was led by Khosla Ventures, with participation from Basis Set Ventures and Shopify […]
Amazon has launched Alexa Podcasts, a new feature within Alexa+ that generates custom audio podcast episodes on demand using AI, marking a significant step toward positioning the voice assistant as a personalised AI content platform rather than a simple query-and-response tool. Users can request an episode on any topic, after which Alexa+ autonomously researches the […]
Insider Brief PRESS RELEASE — GovWell, the AI operating system for modern government, has announced it has raised $25 million in Series A funding led by global software investor Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The round also includes investment from three GovTech industry leaders: David Reeves (former President and CRO of […]
Insider Brief PRESS RELEASE — Iceotope Group, the leading provider of precision liquid cooling technology solutions, announced the close of a $26M series B funding round. The investment was led by Two Seas Capital and Barclays Climate Ventures along with participation by existing investors Edinv, ABC Impact, Northern Gritstone and British Patient Capital. Iceotope will use the funding […]
Insider Brief PRESS RELEASE — Graphon AI emerged from stealth with $8.3 million in seed funding to build a new class of AI infrastructure: a pre-model intelligence layer that captures how data connects — making foundation models more accurate and capable of reasoning over unlimited multimodal data. The round was led by Arvind Gupta of Novera Ventures, with participation from […]
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, […]
Aumet, an AI-first procurement operating system for healthcare, has raised $12 million in a Series A led by Emkan Capital, with participation from Qatar Development Bank, SABAH VC, AAIC, and existing investor Shorooq. The funding will accelerate enterprise deployments across the GCC, with a particular focus on Saudi Arabia’s national healthcare infrastructure. Founded by Yahya […]
Gaiia, an AI-native operating system for communications service providers, has closed a $40 million Series B led by JMI Equity with participation from Inovia Capital, bringing total funding to $66 million. The founding team retains control following the raise, which comes after three consecutive years of more than 3x revenue growth. The Montreal-based company replaces […]
Barcelona-based Dolfin, an AI-native platform for sales compensation management, has closed a €2.1 million seed round led by Swanlaab, with participation from Archipelago Next, Inveready, and Dozen. Founded in 2023 by CEO Daniel Seror and CPO Antoni Bardina, Dolfin uses AI to help revenue operations, finance, and compensation teams design and manage incentive plans without […]
Insider Brief PRESS RELEASE — An enterprise software startup whose platform has helped to modernize aviation infrastructure across Europe has raised more than $5.5 million in seed funding, highlighting growing demand for tools that can safely and speedily upgrade mission-critical systems. DesignVerse is an AI-based platform that builds and delivers complex enterprise software using an organization’s own documentation […]