Innovation
UK Commits Around £600 Million to AI Safety and Technology Research
The UK has announced a £600 million AI funding package covering biosecurity, AI safety research, chip design, innovation and regional programmes.
Startups
Startup news, new launches, founder stories, funding rounds and ecosystem developments.
Startups
Cybersecurity Startup Mave Raises $34 Million to Counter AI-Powered Attacks
Israeli startup Mave has raised $34 million to develop AI agents that investigate security alerts, reduce false positives and automate approved responses.
Startups
OpenAI Acquires Orchestra Bio to Expand Drug Development AI
OpenAI has acquired Orchestra Bio, adding AI agents for drug development coordination to its Rosalind life-sciences research tools. The deal terms remain undisclosed.
Startups
Even Healthcare Raises $50 Million to Expand Hospital Network in Bengaluru
Even Healthcare has raised $50 million at an approximately $300 million valuation, with plans to open five hospitals across Bengaluru over the next six months.
Space
RATLOG Claims $400M in Rocket Reservations Before First Flight
Y Combinator-backed RATLOG claims $400 million in launch reservations for a heavy-lift rocket with a novel engine design, ahead of a planned 2030 debut.
Startups
Scimplify Raises $25M to Expand AI-Driven Critical-Materials Sourcing
Scimplify raised $25 million to expand its AI-powered specialty chemicals business and build alternative critical-materials supply chains.
Startups
Clueso Raises $10M Series A to Expand AI Video Platform
Clueso has raised $10 million in Series A funding to expand its enterprise customer base and develop AI tools for creating product, training and customer-support videos.
Innovation
IBM, MeitY Startup Hub Partner to Boost Deep-Tech Startups
IBM and MeitY Startup Hub have signed an MoU to support Indian deep-tech startups with enterprise technology, mentorship, technical training and commercialisation opportunities.
Startups
India's Startup Ecosystem Shifts Toward AI and Semiconductor Innovation
India's startup ecosystem is moving toward deep technology, with government backing and patient capital supporting ambitions in AI, semiconductors, robotics and space.
Leadership
Cal AI Co-Founder Zach Yadegari Raises $10 Million for New AI Startup Persona
Zach Yadegari, the 19-year-old co-founder of calorie-tracking app Cal AI, has raised $10 million for Persona, a new AI startup developing a personal assistant that can handle everyday digital tasks. The funding round was led by Vine Ventures, with participation from Z Fellows founder Cory Levy and Collective Global.
Leadership
IndiaTech.Org Appoints Dhiraj Gyani as CEO to Lead Its Next Growth Phase
IndiaTech.Org has appointed Dhiraj Gyani as its new CEO after he served as the organisation’s Chief Operating Officer. With more than 24 years of experience across technology, public policy and government affairs, Gyani will lead the industry association’s engagement with policymakers and stakeholders as India’s digital economy continues to evolve.
Startups
London Space Startup Foundational Launches With €9.6 Million to Track Orbital Debris
London-based space-tech startup Foundational has officially launched after emerging from stealth with €9.6 million in pre-seed funding to build a more precise system for tracking satellites and orbital debris. The company is developing an automated Satellite Laser Ranging network that combines satellite-mounted retroreflectors, ground-based laser stations and software to deliver millimetre-level positioning data.
Startups
French Battery Startup VoltR Raises €22 Million to Scale Lithium-Battery Remanufacturing
French battery startup VoltR has secured €22 million to industrialise lithium-battery remanufacturing, expand its French facility and scale its circular battery business across Europe.
Startups
AI Startup Zeroset Emerges From Stealth With $5.2 Million to Improve Enterprise AI Agents
Zeroset has emerged from stealth with $5.2 million in pre-seed funding to build infrastructure that helps AI agents understand enterprise workflows, decisions and changing business context.
Startups
Aleph Alpha Launches Kolibri, a Sovereign AI Model for Government and Industry
German AI startup Aleph Alpha has launched Kolibri, an open-weight AI model built for mission-critical government, industrial and aerospace applications where data control, compliance and local deployment are priorities.
Funding & Investment
Fleuret AI Raises €4M to Automate Offensive Cybersecurity
French cybersecurity startup Fleuret AI has raised €4 million in pre-seed funding to develop AI agents that continuously test companies for exploitable vulnerabilities and help security teams verify fixes.
Space
Four Indian Space Startups Send Payloads to Orbit on SpaceX Falcon 9
SpaceX’s Transporter-18 rideshare mission has carried technologies from Dhruva Space, TakeMe2Space, SatLeo Labs and EON Space Labs into orbit, covering thermal imaging, Earth observation, onboard AI and commercial space infrastructure.
Startups
Verda Raises €163M to Scale Full-Stack AI Cloud
Finnish AI infrastructure startup Verda has raised €163 million to expand compute capacity, inference capabilities and platform services for AI teams worldwide.
Startups
Buildots Raises $130M to Expand AI-Powered Construction Technology
Construction technology company Buildots has raised $130 million in a new funding round, bringing its total funding to about $297 million as it expands its AI-powered platform across complex construction projects.
Startups
Melbourne Startup Elita Raises $1.9M to Extend Dogs’ Healthy Lives
Melbourne-based Elita has raised $1.9 million to expand its preventative health and longevity platform for dogs. The startup plans to combine biological data, veterinary records and owner observations to help identify health changes earlier.
Startups
Swish Raises $24M to Expand 10-Minute Food Delivery Network
Indian quick-food delivery startup Swish has raised $24 million in a funding round led by Bertelsmann India Investments. The company plans to expand its kitchen network, strengthen supply-chain infrastructure and enter new cities as monthly orders cross 1 million.
Startups
Alibaba Eyes $300 Million Investment in AI Infrastructure Startup UniPat
Alibaba is reportedly exploring an investment of around $300 million in UniPat AI, an AI-infrastructure startup founded by a former Alibaba AI employee. The potential deal could value UniPat at roughly $2.5 billion, highlighting growing interest in the infrastructure layer supporting the rapid expansion of artificial intelligence.
Startups
Australian AI Lab Metacognition Raises $10 Million in Record Pre-Seed Round
Australian AI startup Metacognition AI has raised $10 million in pre-seed funding from Main Sequence, giving the early-stage company significant capital to develop an AI software layer focused on memory, reasoning and safer autonomous actions.
Startups
CloudNC Raises $20 Million to Expand AI Tools for Precision Machining
UK-based CloudNC has raised $20 million to expand adoption of its AI-powered CNC machining software and develop new manufacturing tools. The company plans to launch Quote Agent later this year to automate job quoting and estimating for machine shops.
Startups
SUGAR Cosmetics Raises ₹144.5 Crore as Valuation Falls 75%
SUGAR Cosmetics has raised ₹144.5 crore from existing investor A91 Partners as the beauty brand faces a sharp valuation reset. The latest funding comes after revenue fell 20% and net losses nearly doubled in FY25.
Startups
Portugal’s Hope Care Raises €6M to Expand Remote Patient Monitoring
Portuguese digital health company Hope Care has raised €6 million in Series A funding to expand its remote patient monitoring platform across Europe. The company is targeting new deployments in Germany and Romania while scaling existing operations in Portugal, France and Switzerland.
Startups
Navana.ai Raises ₹40 Crore to Scale Voice AI Across India’s BFSI Sector
Voice AI startup Navana.ai has raised ₹40 crore in a Series A round led by Ronnie Screwvala. The Bengaluru-based company will use the funding to expand its enterprise deployments, develop Indian-language speech models and strengthen its AI contact centre products.
Startups
Milan AI Startup Cato Raises €6 Million to Automate Public Tenders
Milan-based AI startup Cato has raised €6 million in a seed round led by Keen Venture Partners. The company will use the funding to expand its AI platform for finding, analysing and preparing bids for public tenders.
Startups
Bengaluru AI Startup Overlayy Acquired by Monaco to Expand Sales Platform
Bengaluru-based sales intelligence startup Overlayy has been acquired by San Francisco-based Monaco, bringing its AI expertise and team into the revenue platform’s push to replace fragmented sales software.
Funding & Investment
Indian Startups See Fresh Funding Across Deeptech, EV and AI Sectors
Indian startups opened September with fresh funding across aerospace, defence, electric mobility, healthcare, climate technology and AI, with investors favouring specialised businesses and clear commercial applications.
Startups
Rentomojo Targets ₹4,246 Crore Valuation in ₹1,256 Crore IPO
Rentomojo is set to go public at a ₹4,246 crore valuation, with its ₹1,256 crore IPO opening on September 9.
Startups
Krafton Commits Another $250 Million to Expand Beyond Gaming in India
Krafton is committing another $250 million to India, expanding its investments into AI, fintech, digital content and other technology sectors.
Startups
Adobe Acquires Indian AI Startup Rilo to Expand AI Marketing Tools
Adobe has acquired Indian AI startup Rilo less than a year after its launch, bringing its AI workflow technology and team into the software giant.
Funding & Investment
Crusoe Valued at $30 Billion After $3 Billion-Plus Funding Round
AI infrastructure startup Crusoe has raised more than $3 billion in fresh funding, taking its valuation to roughly $30 billion as demand for specialised AI data centres continues to grow.
Startups
Chinese AI Startup Moonshot AI Files Confidentially for Hong Kong IPO, Eyes $3 Billion
Moonshot AI, the Chinese startup behind Kimi, has confidentially filed for a Hong Kong IPO as it looks to raise around $3 billion and build on its rapid growth in the generative AI market.
Funding & Investment
Generalist Raises Nearly $200 Million as AI Robotics Startup Reaches $3 Billion Valuation
Generalist has raised nearly $200 million in fresh funding, taking the AI robotics startup's valuation to $3 billion as investment in physical AI accelerates.
Funding & Investment
Hungarian EdTech Startup BOOKR Raises €6.1 Million to Accelerate International Expansion
Hungarian EdTech company BOOKR has raised €6.1 million in Series A funding as it prepares to expand its digital learning platform across Asia, the Middle East, Europe and the Americas.
Startups
Terra Industries Raises $52 Million as African Defence-Tech Ambitions Grow
Nigerian startup Terra Industries has raised $52 million to expand AI-powered autonomous systems, strengthen manufacturing and take its defence technology into international markets.
AI
London AI Startup Callosum Raises $100 Million to Rethink How AI Uses Computing Power
London AI startup Callosum has secured $100 million in seed funding to develop software that helps businesses run AI workloads across different models and computing systems.