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Articles tagged: funding

11 articles

News March 26, 2026

DigitalOcean Raises $800 Million in Upsized Stock Offering to Fund AI Cloud Infrastructure

DigitalOcean priced an upsized public offering of 10.4 million shares at $77 each, raising approximately $800 million in gross proceeds. The company plans to direct the capital toward AI platform infrastructure, additional data center capacity, and repayment of its Term Loan A facility. The raise comes as DigitalOcean positions itself as an AI inference cloud for developers and SMBs competing against AWS, Azure, and Google Cloud.

News March 26, 2026

3 min read

Deccan AI Raises $25M Series A to Build India-Based Post-Training Workforce for Frontier AI Labs

Deccan AI has raised $25 million in Series A funding led by A91 Partners to scale its India-concentrated AI post-training operation. The startup supplies data generation, evaluation, and reinforcement learning services to frontier labs including Google DeepMind and Snowflake, betting that geographic concentration in India produces higher-quality output than competitors who source from 100+ countries.

News March 25, 2026

2 min read

Kleiner Perkins Raises $3.5 Billion Across Two AI-Focused Funds, Up 75% From 2024 Raise

The 54-year-old venture firm closed $1 billion for its early-stage KP22 fund and $2.5 billion for a late-stage growth vehicle, calling the AI super-cycle 'one of the most important company-building moments in our lifetimes.' The raise comes as Thrive Capital, General Catalyst, and Founders Fund have collectively targeted over $26 billion in new commitments this year.

News March 25, 2026

3 min read

Sarvam AI in Talks for $250M Round at $1.5B Valuation With NVIDIA, Accel, and HCLTech

Indian sovereign AI startup Sarvam AI is negotiating a $200–250 million funding round that would value the company at $1.5 billion, with NVIDIA, Accel, and HCLTech as reported investors. The deal would mark the largest private AI funding round in India's history and make Sarvam the country's first AI unicorn of 2026.

News March 25, 2026

3 min read

OpenAI Extends Record Funding Round to $120 Billion With Fresh $10 Billion From Microsoft, Andreessen Horowitz, and Others

OpenAI CFO Sarah Friar confirmed on CNBC's Mad Money that the company has raised an additional $10 billion, bringing its total fundraise to 'north of $120 billion.' New investors include Microsoft, Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, and T. Rowe Price. The extension comes roughly a month after OpenAI announced a $110 billion round led by Amazon's $50 billion commitment, at a $730 billion pre-money valuation.

News March 24, 2026

3 min read

Interloom Raises $16.5M to Solve AI Agents' Biggest Enterprise Blocker: The Knowledge Nobody Wrote Down

Munich-based Interloom raised $16.5 million led by DN Capital to build what it calls a 'context graph' — a continuously updated map of how operational problems actually get resolved inside large organizations. The startup argues that 70% of operational decisions have never been formally documented, and that AI agents deployed without that tacit knowledge consistently fail. Interloom is already live at Commerzbank, Volkswagen, and Zurich Insurance.

News March 20, 2026

3 min read

Rain Launches OpenClaw-Compatible Prediction Market SDK and $5M Developer Grant Program

Decentralized prediction market protocol Rain released an AI agent-ready SDK with explicit OpenClaw compatibility and a $5 million grant program. It's the first major DeFi protocol to build native tooling for autonomous AI agent participation in financial markets.

News March 19, 2026

3 min read

Oasis Security Raises $120M, AppViewX Acquires Eos: AI Agent Identity Security Gets Two Major Bets in One Day

In a single day, Oasis Security closed a $120 million Series B led by Craft Ventures with Sequoia and Accel participating, while AppViewX acquired AI identity startup Eos. Both companies are staking leadership claims on the same emerging category: Non-Human Identity management for AI agents in the enterprise.

News March 19, 2026

2 min read

Surf AI Raises $57M for Agentic Security Operations as OpenAI Acquires Promptfoo — AI Agent Security Becomes a Category

Surf AI launched out of stealth with $57 million to build an autonomous security operations platform that replaces traditional SOCs with AI agents. The launch follows OpenAI's acquisition of Promptfoo, signaling that securing AI agents — and using AI agents for security — are both now fundable categories at scale.

News March 19, 2026

3 min read

Mastercard Pays $1.8 Billion for BVNK as Santander and Visa Complete First Live AI Agent Payments in Latin America

In a single week, Mastercard acquired stablecoin infrastructure firm BVNK for $1.8 billion, launched its Agent Suite in Asia-Pacific, and Santander completed the first controlled AI agent payment transactions with Visa in Latin American markets. The agentic payments era is no longer theoretical.

News March 17, 2026

3 min read

The Agentic Automation Market Hits $7.36 Billion in 2026 as Enterprise AI Moves From Hype to Consolidation

Market research projects the agentic automation sector at $7.36 billion for 2026, reflecting a structural shift from experimental AI chatbots to production-grade autonomous agent systems across enterprise workflows.

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