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Wellfunded

Funding

Magnify Ventures Closes $46.6M Fund II Backed by Gates

Jul 2, 2026

Magnify Ventures Closes $46.6M Fund II Backed by Gates

Early-stage VC firm Magnify Ventures has secured a $46.6 million Fund II, with Melinda French Gates' Pivotal Ventures among its limited partners. The raise signals continued institutional confidence in Magnify's investment thesis.

Venture Capital

Funding

Melinda French Gates

Microsoft Launches AI Deployment Firm, $2.5B Backing

Jul 2, 2026

Microsoft Launches AI Deployment Firm, $2.5B Backing

Microsoft is entering the AI deployment business directly, launching a dedicated subsidiary to bring enterprise AI systems to market. The move puts Microsoft alongside Amazon, OpenAI, and Anthropic in the race to own AI implementation at scale. Here's what we know.

AI deployment

Azure

Enterprise AI

Visiblie Raises €500K to Get Brands Found in AI Search

Jul 2, 2026

Visiblie Raises €500K to Get Brands Found in AI Search

Belgian startup Visiblie has closed a €500,000 convertible loan round backed by Seeder Fund, BeAngels, and entrepreneur Steven Tielemans. The platform helps SMEs and enterprises understand and improve their visibility in AI-powered search results — already serving users across five continents less than a year after launch.

AI search

Belgium

Funding

BidScript Tops $1M Pre-Seed for AI-Powered Tendering

Jul 2, 2026

BidScript Tops $1M Pre-Seed for AI-Powered Tendering

UK-based BidScript has closed an $800,000 funding round, pushing its total pre-seed capital past $1 million. The AI-native platform helps businesses find, manage, and submit bids for public and private sector contracts — with early customers reporting win rate improvements of up to 50%.

AI

Funding

govtech

Together AI Raises $800M, Doubles Valuation to $8.3B

Jul 1, 2026

Together AI Raises $800M, Doubles Valuation to $8.3B

AI neocloud provider Together AI has closed an $800M funding round, catapulting its valuation from $3.3B to $8.3B in roughly 18 months. The company specializes in hosting open source models and is emerging as a key infrastructure player in the AI stack.

Together AI

AI Infrastructure

Funding

Saltroad Raises £1.5M, Acquires AI Platform Ogma

Jun 30, 2026

Saltroad Raises £1.5M, Acquires AI Platform Ogma

UK-based Saltroad has closed a £1.5M funding round and acquired Ogma, an AI documentation platform built for speech and language therapists. The move is designed to reduce clinical admin and help therapists see more children — without burning out or cutting corners.

AI in healthcare

Clinical AI

EdTech

Lucida AI Closes $7M Seed for Speech-to-Speech AI

Jun 30, 2026

Lucida AI Closes $7M Seed for Speech-to-Speech AI

Lucida AI has completed its seed round at $7M after adding a $1.6M extension, backed by Velocity Capital and a cohort of international investors. The startup's proprietary Speech Language Model powers real-time spoken AI interactions — no text prompts required. With 3 million users and 2.2 billion minutes of spoken interaction logged, the company is pushing deeper into enterprise and new language markets.

Lucida AI

Speech AI

Seed Round

Aseon Labs Raises $10M for Robotaxi Pitstops

Jun 26, 2026

Aseon Labs Raises $10M for Robotaxi Pitstops

Robotaxis are logging unnecessary miles just to get cleaned and recharged — Aseon Labs wants to fix that with dedicated pitstop pods. The Y Combinator-backed startup just raised $10M to deploy its infrastructure solution for autonomous vehicle fleets.

Autonomous Vehicles

EV infrastructure

Funding

Patronus AI Raises $50M for Simulated 'Digital Worlds'

Jun 26, 2026

Patronus AI Raises $50M for Simulated 'Digital Worlds'

Patronus AI, founded by former Meta AI researchers, has closed a $50M funding round to develop simulated environments that rigorously stress-test AI agents. Investor demand signals the market's growing urgency around AI reliability and safety infrastructure.

AI Agents

Funding

AI Safety

Netris Raises $15M Series A, Led by a16z, for Neoclouds

Jun 25, 2026

Netris Raises $15M Series A, Led by a16z, for Neoclouds

Netris has closed a $15M Series A round led by Andreessen Horowitz to help AI neocloud operators cut the time it takes to stand up production infrastructure. The startup's software runs directly on network switches, abstracting away the complexity of large-scale GPU cluster networking. As demand for AI compute capacity surges, Netris is positioning itself as critical plumbing for the next wave of cloud providers.

a16z

AI infrastructure

Funding

Vishal Sikka's New AI Startup Takes Aim at IT Services

Jun 25, 2026

Vishal Sikka's New AI Startup Takes Aim at IT Services

Former Infosys CEO Vishal Sikka has launched a new venture backed by Mayfield and Aramco Ventures, assembling a team of veterans from SAP, Infosys, and VianAI to challenge the traditional IT services model with an AI-native approach.

AI

Enterprise

Startups