Entreprenuernewsnetwork

Apple Reportedly Exploring Potential Acquisition of AI Startup Perplexity to Strengthen AI Search Capabilities

Apple Perplexity

According to a report by Bloomberg’s Mark Gurman reports Apple Inc. is reportedly in early discussions about a possible acquisition of Perplexity AI, a rapidly growing artificial intelligence startup, . This potential move is a part of Apple’s broader strategy to strengthen its in-house AI capabilities and reduce its dependence on Google’s search partnership, which … Read more

Illumine Raises $2.5 Million in Seed Funding to Revolutionize Early Childhood Education with AI

illumine Founders

Bengaluru-based startup Illumine, which is transforming early childhood education through artificial intelligence, has secured $2.5 million in seed funding from Prime Venture Partners. This funding builds upon the company’s previously raised $779K in the same round. Illumine plans to use the fresh capital to accelerate product development and expand its international presence, according to a … Read more

Scapia Raises $40 Million in Series B Funding to Accelerate AI-Driven Travel Fintech Innovation

Scapia

Leading travel fintech platform Scapia has secured $40 million in Series B funding, marking a significant milestone in its mission to redefine travel and financial experiences for Gen Z and millennial consumers in India. The round was led by Peak XV Partners, with continued support from existing investors Elevation Capital, Z47, and 3STATE Capital. This … Read more

Chef Robotics Secures $43.1M in Series A Funding to Expand AI-Enabled Meal Assembly

Rajat Bhageria founder and CEO Chef Robotics

AI-driven food robotics is scaling new heights, and Chef Robotics is leading the way. The San Francisco-based startup has raised $43.1 million in Series A funding, with $20.6M in equity and $22.5M in equipment financing debt, enabling customers to adopt Robotics-as-a-Service (RaaS) without upfront capital expenses. Revolutionizing Meal Assembly with AI and Robotics With over … Read more

MemryX Secures $44 Million in Series B Funding to Advance Edge AI Innovation

Memryx

MemryX, a leading provider of cutting-edge Edge AI semiconductor solutions, has successfully raised $44 million in its Series B funding round. This milestone, backed by a mix of new and existing investors, underscores the growing industry confidence in MemryX’s AI acceleration technology. The funding comes at a pivotal time, following the production readiness of the … Read more

iHub Robotics Secures ₹4.3 Crore in Pre-Seed Funding to Expand Humanoid Robotics in India

iHub Founder

Indian startup iHub Robotics has successfully raised ₹4.3 crore ($520,000) in pre-seed funding from U.S. investors to accelerate its advancements in humanoid robotics. The company plans to utilize this funding to establish India’s largest humanoid robotics manufacturing facility in Kerala, creating over 150 jobs in the next two years. Pioneering Innovation in Humanoid Robotics iHub … Read more

Protectt.ai Secures Rs 76 Crore in Series A Funding to Boost Mobile App Cybersecurity

(L to R) Manish Mimani, founder and CEO, Protectt with team member Mohan Selvaraj

Protectt.ai, a leading mobile app cybersecurity and fraud prevention platform, has raised Rs 76 crore ($8.7 million) in a Series A funding round led by Bessemer Venture Partners. The company plans to leverage this capital to enhance its AI-driven security platform, introduce new AI security solutions, and expand its presence globally across the US, Middle … Read more

Landeed Secures $5 Million in Series X Funding to Revolutionize Property Title Search with AI

Landeed

Landeed, a cutting-edge property title search engine platform, has successfully raised $5 million in its Series X funding round, led by 10x Founders Fund. The round also saw participation from notable investors like Oliver Jung, Paradigm Shift, Pioneer Fund, Jeffrey Epstein (Founder of Onboard), and Aaron King (Founder of Snapdocs), among others. This funding round … Read more

Quash Raises $650K Pre-Seed Funding to Revolutionize Mobile App QA with Generative AI

Quash

Quash, a promising startup founded in 2023 by Ameer, Prakhar, and Ayush, has secured $650K in Pre-Seed funding to transform the mobile app quality assurance (QA) process. The funding round saw participation from prominent investors, including Arali Ventures, Java Capital, Peercheque, DeVC, and angel investor Abhishek Goyal from the DeVC Collective. Innovating the QA Process … Read more

Honeywell and NXP Collaborate to Revolutionize Aviation with AI-Powered Solutions and Autonomous Flight Innovations

HONEYWELL AND NXP EXPAND PARTNERSHIP

In a groundbreaking announcement at CES 2025, Honeywell (NASDAQ: HON) and NXP® Semiconductors N.V. (NASDAQ: NXPI) unveiled an expanded partnership designed to accelerate aviation product development and pave the way for autonomous flight. Building on their collaboration from CES 2024, where they focused on optimizing building management systems for energy efficiency, this latest partnership ventures … Read more

Microsoft’s $3 Billion Commitment to Transforming India’s AI and Cloud Landscape

Microsoft chairman and CEO, Satya Nadella

In a significant boost to India’s AI and cloud ecosystem, Microsoft Chairman and CEO Satya Nadella announced a $3 billion investment during his visit to the country. This initiative, planned over the next two years, includes developing advanced AI infrastructure, establishing new datacenters, and skilling millions of Indians in AI technologies. This investment aligns with … Read more

Consint.AI Secures ₹5 Crore Seed Funding to Revolutionize Healthcare Transactions with Generative AI

Consint.Ai

Generative AI-driven healthcare insurance fraud and risk management company Consint.AI has successfully raised ₹5 crore in a seed funding round led by Equanimity Ventures and Seafund. The investment will fuel the company’s efforts to scale operations, enhance its Generative AI Feature Suite for its Health AI platform, and support infrastructure upgrades, R&D initiatives, and team … Read more

Elon Musk’s xAI Raises $6 Billion to Compete in the AI Market

Elon Musk’s artificial intelligence startup, xAI, has successfully raised $6 billion in its latest funding round, cementing its position as one of the world’s most valuable AI companies with an estimated valuation of $50 billion. This development comes as xAI intensifies its competition against industry leaders like OpenAI, which is valued at $157 billion. Key … Read more

M37Labs Secures Pre-Seed Funding From Concept Group

M37Labs Founders

M37Labs, a trailblazer in artificial intelligence solutions, has officially launched, bringing innovative AI capabilities to enterprises worldwide. Founded by visionary leaders Prashant Shivram Iyer and Zorawar Purohit, the company has already secured a significant undisclosed amount in pre-seed funding from Vivek Suchanti, owner of the Concept Group, marking a strong endorsement of M37Labs’ mission and … Read more

Bluenote Secures $10M to Revolutionize Life Sciences with Generative AI Platform

Bluenote, a cutting-edge generative AI platform for life sciences companies, has announced a successful $10 million Series A funding round, led by Lux Capital. Co-founders Fatima Sabar and Katsuya Noguchi, former executives at Color Health, bring over a decade of expertise in building AI solutions tailored for life sciences and healthcare. Funding from Top AI … Read more

Evinced Secures $55M in Series C Funding to Revolutionize Digital Accessibility with AI-Powered Solutions

Evinced, the leading software company driving accessible web and mobile development, has announced a successful $55 million Series C funding round, bringing its total funding to $112 million. The round was led by Insight Partners, with participation from existing investors M12 (Microsoft’s venture fund), BGV, Capital One Ventures, and Engineering Capital. Additionally, Evinced welcomed Vertex … Read more