AI and security startups bloom on cloudy days
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This week, we’ll make sure that even if current events cloud the outlook, some startups can still raise a significant amount of funding, and are full of people tied to security and sovereignty. did.
The most interesting startup story of the week
Uncertainty usually doesn’t rhyme with investment. But whether online or IRL, there is always money for security.
Counter Cycling: AI Startup raised $110 billion in 2024an increase of 62% compared to 2023, but overall startup funding fell 12% year-on-year.
Meanwhile, European startups in the tech space for defense, security and resilience raised $5.2 billion last year. Record of all VC funds 10% In the area.
Europe you have: French champion Mistral AI was in the spotlight this week during the Paris AI Summit. Most Downloaded iOS Apps In France.
Security M&A: Software security review obtained by security compliance company data Startup SafeBase $250 million. Cyberark, an identity security company; I bought Startup Zilla Security $10 million added to certain milestones with $165 million in cash.
Most Interesting VC and Funding News This Week
Startups from a wide range of sectors have announced this week’s funding round. Additionally, the Founders Fund should have more capital to invest in immediately.
Bank moneyZeta, a Bengaluru-based banking software provider, is now It’s worth $2 billion After raising $50 million from strategic investors.
How much notes: Google-backed Boston Quantum Startup Quera has been secured $230 million debt Through the Convertible Note, the CEO said “a very significant increase” compared to previous rounds in a private rating.
forest: Carbon removal startup Chestnut carbon Closed funding for the $160 million Series B round Turn an old farm into a forest.
firstName.ai: Australian health technology startup Harrison.AI brings up $112 million Series C Round Annalise.ai, an AI-enabled medical diagnostic software, focuses on radiology, while Franklin.AI focuses on pathology.
A simple invoiceJust six months after raising $29 million, American startups candid health Closed the $52.5 million series c Simplify medical billing.
Manifesto: Latent Labs, an AI biotechnology startup founded by former research scientists at Deepmind; I came out of stealth mode We have $50 million in funding.
Crystal Ball: Israeli startup Votis Wins $41 million Apply AI to help businesses understand the lifelong value of their customers.
Lucky 3 times? Peter Thiel’s Founders Fund is closed Another $3 billion fundaccording to the source. This will be the company’s third growth fund.
Last but not least, it’s important
If you’re reading this, you might be one of the 150,000 x followers of Seal Monot. But even if not, an interview with Mary Anne Azevedo co-founder and general partner at Better Tomorrow Ventures It’s worth listening.
In their chat, Monotto talked about his Twitter fame and AI and Fintech, where he is still as bullish as ever. “I am excited about a lot of things that we have always believed in.