&Truth launches with $70 million raised for AI-assisted software verification
Image: Primary
Image: Primary 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 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.
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.
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 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.
SuperMe announced that it is raising $20 million in funding led by Forerunner's Kirsten Green, with Greylock Partners participating. The startup plans to expand a network that answers users' questions through AI profiles built from real experts' knowledge.