Kabilio raises €10M to develop AI agents for accounting firms
Barcelona startup Kabilio has raised €10M in a round led by Picus Capital and Visionaries, with participation from Spain's technology and innovation agency CDTI. The financing brings its total funding to €14m and will fund an AI agent for accounting firms.
Numica raises $21M to acquire small US accounting practices
Numica has raised $21M in equity and debt from Roosh X and Flashpoint Capital to acquire more small US accounting firms, The Next Web reports. The New York startup targets practices with annual revenue of $700,000 to $5m, often owned by accountants approaching retirement.
Mindmax raises $3.3m for conversational AI exam tutor
London startup Mindmax announced $3.3m (£2.5m) in pre-seed funding to build an AI tutor for professional exams and workplace skills. Concept Ventures led the round, joined by Redrice Ventures, Daybreak Ventures and Lerer Hippeau.
Isomorphic Labs seeks roughly $5 billion in funding talks
Alphabet's Isomorphic Labs is in talks to raise roughly $5 billion to support its use of artificial intelligence for drug discovery, Bloomberg reported, citing people familiar with the matter. The financing remains under discussion rather than a completed fundraising.
Hon Hai reports 46% rise in October sales on Nvidia server demand
Hon Hai Precision Industry Co. reported a 46% increase in October sales, reflecting resilient demand for servers from Nvidia.
AI chip startup Tenspresso seeks financing at $500 million valuation
Tenspresso is in financing talks that would value the artificial intelligence chip startup at $500 million, Bloomberg reported, citing people familiar with the matter. The three-month-old company was founded by engineers who previously worked on Google's AI chips.

