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Physical AI startup Lyte, founded by former Apple engineers, has raised $165 million in Series C funding at a $1.6 billion valuation to advance its robot perception technology.
Cecilia Ziniti, former general counsel at Replit, founded GC AI, a legal AI startup that has raised nearly $72 million and serves about 2,100 companies.
Tabs, an AI platform founded in 2023 by Ali Hussain, automates revenue recognition, billing, and collections. The company has raised approximately $92 million in total and is valued at $400 million, with triple-to-quadruple year-over-year revenue growth.
Rillet announced a $100 million Series C at a $1 billion valuation, led by Iconiq, with participation from Andreessen Horowitz and Sequoia. The company uses AI to help finance professionals manage company books and has over 600 customers.
Etched raised $700 million at a $21 billion valuation led by Jane Street, doubling its valuation in a month. Its new AI inference components claim higher speeds and lower costs, but performance data is self-reported and not independently verified.
Higgsfield announced a $400 million Series B at a $5.4 billion valuation, led by DST Global, quadrupling its valuation in eight months.