Wabi raises $55 million at $1.25 billion valuation
AI assistant startup Wabi raised $55 million at a $1.25 billion valuation, Bloomberg reported. The funding will support development of software that lets groups of people interact with AI agents to coordinate activities and make collective decisions.
Solink raises more than $100 million for AI video software
Solink announced more than $100 million in new funding on October 29, led by Vertu Capital, with participation from existing investor Growth Equity at Goldman Sachs Alternatives and new investors Golub Growth and Comcast Ventures.
&Truth launches with $70 million raised for AI-assisted software verification
&Truth publicly launched on Thursday with $70 million raised from investors, WIRED reported. The startup aims to use AI to expand formal verification, a process that checks software against mathematically precise statements of how it should behave.
Entourage closes €100 million fund for early-stage technology companies
London-based venture capital firm Entourage announced the close of its €100 million second fund, expanding its investment scope beyond its first fund's primary focus on software. Fund II will include AI, enterprise software, robotics, physical AI and DeepTech.
Kalshi raises $1B at $40B valuation
Prediction market Kalshi raised $1B in a funding round led by Sequoia and Wellington Management, The New York Times reported. The round values the company at $40B, up from $22B after its $1B raise in May. The financing is described as Kalshi's last raise before an IPO.
Auriga closes €80 million toward second cybersecurity fund
Auriga Partners announced an €80 million interim close for Auriga Cyber Ventures II, a fund targeting early-stage European cybersecurity startups. Backers include Bpifrance through the French National Seed Fund No. 3 and the European Investment Fund under InvestEU.