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Siliconangle

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Clinical AI startup Nabla to focus on agentic automation after raising $70M in funding

Nabla Technologies Inc. raised $70 million in Series C funding to focus on agentic automation in healthcare.
HV Capital led the funding round with participation from Highland Europe, DST Global, Cathay Innovation, and Build Collective.
The total funding raised by Nabla now amounts to $120 million.
Nabla plans to expand into artificial intelligence agents to automate clinical workflows and reduce repetitive tasks.
The company's generative AI assistant for clinicians has been adopted by over 130 healthcare organizations globally, reducing time spent on documentation by over 50%.
Nabla aims to develop AI agents that can flag billing issues, access historical medical data, and provide tools for nurses and inpatient staff.
The company's revenue has increased over five times in the last six months, with more than 85,000 clinicians globally using its AI assistants.
Nabla's tools support over 20 million annual patient encounters, benefiting rural hospitals and children's medical facilities.
HV Capital partner Alexander Joel-Carbonell praised Nabla for its rapid scale, trustworthiness, and outstanding accuracy.
Nabla's co-founder Alex Lebrun aims to embed intelligent support into care delivery and enhance clinical workflows with customizable AI assistants.

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Economic Times

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Oiling the wheels: PE funds buy into fast-growing tech firms

Private equity funds are investing in fast-growing technology firms, with recent deals in digital engineering and healthcare sectors.
New Mountain Capital acquired 70-75% of Access Healthcare for around $2 billion, Kedaara Capital invested $350 million in Impetus Technologies, and more deals took place.
Certain technology segments like cloud and analytics have seen significant growth, driving interest in large deals.
In the past year, there have been over 21 PE-backed deals valued at over $300 million.
PE funds active in tech deals include Blackstone, Carlyle, EQT Partners, Barings PE Asia, and ChrysCapital.
PE investors often aim for healthy exits, frequently opting for IPOs for portfolio companies like Hexaware.
India's software products market is projected to grow from $15 billion in FY23 to $44 billion by FY31, creating more investment opportunities.
Analysts suggest that in the current industry climate, inorganic growth through mergers and acquisitions is preferred for higher growth rates.
PE-backed IT services firms have been acquiring specialized businesses aggressively to drive inorganic growth.
M&A investments by PE-backed IT services firms have increased by over 200% in the last three years, led by companies like Coforge, Hexaware, and more.
Private equity funds focus on investing in and accelerating growth for large technology businesses.

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Economic Times

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Secured lending NBFC Techfino secures Rs 65 crore funding

Bengaluru-based NBFC Techfino secures Rs 65 crore funding in an equity round led by Stellaris Venture Partners and Saison Capital.
Techfino, founded in 2019, had previously raised Rs 18 crore from investors like DCB Bank.
Techfino, started by senior bankers, offers funding for coaching classes, school fees, education, and now loans against property for small businesses.
The company aims to increase its book size from Rs 225 crore to Rs 350 crore, with a focus on loans against property.
Techfino follows a branch-led model across states like Karnataka, Andhra Pradesh, Madhya Pradesh, and Gujarat with plans to double its current 30 branches by FY26.
The company plans to provide loans ranging from Rs 8 to 12 lakh to small businesses looking for self-occupied property.
Techfino aims to increase its branch presence and employee count from 400 to around 600 by the end of this year.
The firm closed FY25 with total revenue of Rs 34 crore and a profit before tax of Rs 1.5 crore.

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Pymnts

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BBVA Advises Wealthy Clients to Add Bitcoin and Ether to Portfolio

Spanish bank BBVA advises wealthy clients to invest between 3% and 7% of their portfolios in bitcoin and ether.
The share depends on the client's risk appetite.
BBVA has been advising on bitcoin with private customers since September last year.
BBVA executes clients' requests to buy cryptocurrencies and is one of the first large global banks to advise wealthy clients to invest.
BBVA plans to add other cryptocurrencies later this year.
Introducing 3% of bitcoin or ether in a portfolio is seen to boost performance without taking a significant risk.
Mainstreaming digital assets was significant in banking during the first half of 2025.
JPMorgan Chase now offers its clients access to bitcoin.
BBVA's move follows Banco Santander SA's consideration of offering stablecoin and crypto access to retail clients.
Smaller banks are facing urgent decisions around crypto amidst the surge in bitcoin price.

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Siliconangle

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Browserbase reels in $40M for its browser automation tools

Browserbase Inc., a startup specializing in automating tasks involving webpage interactions, has raised $40 million in funding.
Notable Capital led the Series B investment with participation from Kleiner Perkins and CRV, increasing Browserbase's valuation to $300 million, four times its previous value.
Browserbase offers a headless browser optimized for automating webpage interactions specifically for scripts and AI agents, accessible through a serverless platform.
The platform can rapidly deploy thousands of browsers, each with four virtual CPUs, hosted in global data centers to enhance speed and reduce latency.
Browserbase's platform is compatible with Puppeteer and Selenium, and also includes its own Stagehand automation tool as a versatile alternative.
Stagehand aims to combine traditional scripts with AI agents, addressing webpage changes while maintaining reliability, offering adaptability and stability in one workflow.
Browserbase introduced a new product called Director, allowing business users to automate webpage interactions using natural language commands.
Founder and CEO Paul Klein expressed a vision of AI handling mundane tasks while humans focus on important matters, believing Browserbase can enable new application possibilities.
The funding will be utilized to expand Browserbase's team.

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Pymnts

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Coralogix Debuts AI Agent After Raising $115 Million

Israeli data analytics platform Coralogix reaches unicorn status with a valuation of over $1 billion.
The company raises $115 million in its latest funding round led by NewView Capital and involving CPPIB and NextEquity.
Recent funding frenzy in AI leads to increased investment in SaaS firms.
Coralogix's revenue has grown sevenfold since 2022, but the company is still not profitable.
The company introduces its new AI agent named 'Olly' to simplify data monitoring through a conversational platform.
The use of AI agents in finance is discussed by Greenlite AI CEO, highlighting the significance of trust and compliance.
Banks are overwhelmed with risk signals, and AI helps in processing the vast amount of data efficiently.
AI is seen as a tool that can be used safely with proper understanding.
The 2020s are regarded as the 'agentic era of compliance' in contrast to rule-based systems seen in the past two decades.
Mistakes in compliance can lead to declined transactions and regulatory risks for financial institutions.
Coralogix's revenue allocation shows a heavy investment in R&D as is typical for successful firms in the industry.
Investors have shown caution due to elevated interest rates and geopolitical unrest despite the AI funding surge.
The company's new AI agent aims to provide detailed system-level answers for data monitoring queries.
Coralogix last raised $142 million in 2022 and has seen a doubling in valuation since then.
AI funding for SaaS firms reached record levels of $58 billion in the first quarter.
Understanding AI tools like 'Olly' is essential for using them effectively and securely, according to industry experts.

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Pymnts

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Payabli Explores AI and Spend Management After Raising $28 Million

Payments infrastructure platform Payabli has raised $28 million in a Series B funding round led by Fika Ventures and QED Investors, bringing its total capital to $60 million.
The new funding will be used to develop new products and explore artificial intelligence (AI) applications.
Payabli aims to use AI to streamline operations, enhance customer experiences, and improve revenue.
The company has introduced its first AI-powered support agent named Amigo and is working on risk and fraud detection models using customer data.
Payabli is collaborating with Nvidia to leverage cutting-edge AI infrastructure for its initiatives.
AI and machine learning (ML) technologies are crucial for fraud prevention in financial institutions (FIs), with 71% of FIs using AI and ML for fraud detection.
Despite the benefits of AI and ML, FIs face challenges in implementing these technologies due to limited expertise and resources.
The funding will also support the launch of new products, including an embedded spend management solution.
Payabli seeks to reimagine embedded spend management by enabling software platforms to provide branded expense programs with physical and virtual cards.
The company aims to enhance its offerings by incorporating AI and expanding its product portfolio.
AI and ML play a significant role in detecting fraud in faster payments by analyzing transaction data in real time.
The use of AI and ML technologies by FIs has increased, as they help identify anomalies and patterns for faster decision-making in fraud detection.
Limited expertise and resources pose challenges for FIs in implementing AI and ML solutions internally.
The funding will support Payabli's goal of advancing its AI capabilities, enhancing customer experiences, and developing new products like spend management solutions.
The company aims to stay at the forefront of technology innovation in the payments and financial services industry.

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Hackernoon

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The Exit Wasn’t the Win

Exiting a company can sometimes feel like a personal setback rather than a triumph, causing emotional turmoil.
The individual, after leaving the company, moved with family to France but it represented a necessary break due to burnout.
The intense pace of running a business had taken a toll, making it difficult to switch off from work.
The author helps other founders see beyond constant growth and consider the life they truly want to lead.
There's a societal pressure to immediately venture into another high-profile project after a successful exit.
Real success should be defined by the freedom to choose the next steps intentionally.
The importance lies in aligning business decisions with personal goals and desired lifestyle.
It's crucial to bridge the gap between desired life and the current business operations to achieve fulfillment.
Post-exit reflections are essential for all entrepreneurs, especially those witnessing business growth.
Taking moments for strategic thinking and evaluating whether business decisions align with personal freedom is crucial.
The focus should be on building a life alongside a career, embracing intentional planning for the future.

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Siliconangle

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Defense technology startup Mach Industries raises $100M

Defense technology startup Mach Industries has secured $100 million in Series B funding led by Khosla Ventures and Bedrock, with participation from other investors like Sequoia Capital, valuing the company at $470 million.
Mach Industries produces hardware systems for the defense sector, including jet-powered UAVs Viper, Glide, and Stratos.
The company operates a 115,000-square-foot factory in Huntington Beach, known for rapid retooling capabilities, allowing quick design changes.
The factory specializes in producing unmanned aircraft components and will also manufacture partner-developed hardware like hydrogen-powered aircraft.
Mach Industries will establish a new manufacturing hub through its subsidiary, Mach Propulsion, to supply jet engines for UAVs, targeting an annual production of 12,000 engines.
The company plans to produce microturbines at its factory, which are used in drones, data center cooling, hybrid vehicles, and other applications.
The recent funding will expedite the company's manufacturing expansion and enhance efficiency by deploying production capacity closer to customers.
Mach Industries intends to broaden its product range with new systems, such as a propulsion engine.
The defense technology sector has seen significant investments, including Archer Aviation securing $850 million and Anduril Industries closing a $2.5 billion round.
The company aims to capitalize on the funding to scale its manufacturing operations and expand its product offerings.
Mach Industries' focus on innovation and strategic partnerships positions it for growth in the defense technology market.

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TechCrunch

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Unlock purpose-driven growth at TechCrunch All Stage, and get $210 off for 6 more days

TechCrunch All Stage ticket prices will increase in 6 days.
Founders can save $210 and investors $200 on passes until June 22 at 11:59 p.m. PT.
The event in Boston on July 15 is designed for startup founders and investors.
The summit offers insights, strategies, and networking opportunities for fast growth.
Breakouts are tailored for different growth stages like early-stage and Series A+ leaders.
Strategies and workshops will be led by experts from various venture firms.
Deep-dive roundtables will cover topics like building at the Inception Stage and future VC trends.
Key speakers include Cathy Gao, Charles Hudson, and Jennifer Neundorfer, among others.
Networking opportunities with founders and investors can lead to partnerships or funding.
Side Events during TC All Stage Week in Boston will extend networking possibilities.
A live pitch showdown, So You Think You Can Pitch, will showcase startup pitches and receive VC feedback.
Attendees are encouraged to secure their passes before rates increase to save up to $210.
TechCrunch All Stage aims to accelerate startup growth and investment opportunities for attendees.

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TechCrunch

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Applied Intuition raises $600 million as it pushes further into defense

Applied Intuition, an autonomous vehicle software company, has raised $600 million in a Series F funding round, increasing its valuation to $15 billion.
The funding round was co-led by BlackRock-managed funds and Kleiner Perkins, with new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and others. Existing investors like General Catalyst, Lux, and Mary Meeker's fund Bond also participated.
This funding round follows a $250 million Series E round completed just a year ago, placing the company at a $6 billion valuation. Applied Intuition develops software for autonomous vehicle solutions, including simulation software and data management.
CEO Qasar Younis aims for Applied Intuition to be the primary choice when companies and government agencies face software or AI challenges.
The company collaborates with major automakers and autonomous vehicle firms like Gatik and Kodiak.
Applied Intuition has expanded its presence in the defense sector. The U.S. Army sought its assistance in implementing autonomous technology in some vehicles.
Applied Intuition transformed an infantry squad vehicle into an autonomous vehicle within 10 days, developing a robot to control the vehicle's steering, throttle, and brakes.

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Economic Times

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HealthQuad targets raising $300 million third fund to back healthcare tech startups

Healthcare venture capital firm HealthQuad is raising $300 million for its third India-focussed fund with a $200 million corpus and a $100 million greenshoe option.
HealthQuad, backed by Quadria Capital, focuses on funding tech-enabled healthcare startups in India at the early-growth stage.
The firm's previous funds supported over 18 companies including Qure.ai, Medikabazaar, and Strand Life Sciences.
HealthQuad's leadership team split from Kois, co-founder of the firm, leading to the launch of a new fund named HealthKois.
Sunil Thakur, HealthQuad's cofounder, mentioned that the firm fully owns its previous funds I and II under Quadria.
The new fund will focus on funding companies addressing operational challenges for hospital chains, aiming to support 13-15 companies.
HealthQuad plans to leverage Quadria Group's extensive Asia network and institutional relationships to drive growth in its portfolio companies.
Parent company Quadria Capital recently raised $1.07 billion for its third fund, reflecting strong investor interest in the group's strategy.

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Medium

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Why European founders will NEVER catch up to American founders

European founders are lagging behind American founders due to a fear of taking risks, not lack of capital or regulatory obstacles.
Failure is perceived differently in the US where it's seen as part of the learning process, whereas in Europe it carries a stigma.
In Europe, bankruptcy laws are stricter, and the reputational cost of a failed startup is higher, discouraging risk-taking.
The societal support system in Europe, like public healthcare and job security, makes founding a startup less necessary.
In the US, the startup culture encourages risk-taking and rewards ambitious ventures, pushing talented individuals toward entrepreneurship.
Equity is utilized more effectively in the US to build successful startups, while in Europe, founders tend to hoard equity, limiting growth potential.
Complex compliance systems in Europe create hurdles for startups, leading to wasted resources on legal matters instead of product development.
The fragmented nature of talent, VCs, and corporates across Europe hinders the growth and mentorship opportunities for startups.
Europe faces a founder mindset problem, requiring a shift in beliefs and risk-taking attitudes to foster a more vibrant startup ecosystem.
To compete with American founders, European founders need to embrace risk, act fast, and prioritize building impactful businesses over playing it safe.

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Eu-Startups

206

Portuguese startup Sword Health raises €34.6 million to address global mental health crisis

Porto-based startup Sword Health raises €34.6 million funding round at a €3.4 billion valuation to accelerate M&A momentum, global expansion, and AI model development.
The round was led by General Catalyst and included various other investors like Khosla Ventures, Comcast Ventures, Lince Capital, and Oxy Capital.
Sword Health, founded in 2015, aims to shift healthcare to an AI-first model, focusing on physical, pelvic, movement health, and now mental health.
The company has reached over 500,000 members across three continents with 6.5 million AI sessions, helping clients save €865 million in healthcare costs since 2020.
Backed by 40 clinical studies and over 40 patents, Sword Health has raised more than €259 million from investors like Khosla Ventures and General Catalyst.
Sword Health unveiled 'Mind,' a mental health solution combining AI and clinicians to offer continuous personalized care, transforming mental health care delivery.
Mind aims to address mental health challenges with a proactive, 24/7 model integrating AI, wearable tech, and Ph.D.-level mental health specialists.
Sword's Mind looks to enhance accessibility and quality of mental health care globally, targeting the 1 billion people living with mental health conditions.

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Economic Times

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GenAI startup Darwix AI raises $1.5 million in seed funding

GenAI platform Darwix has secured $1.5 million in seed funding with Rebalance, IPV, JITO Incubation, and Innovation Foundation as lead investors.
Other investors in the funding round include Growth Sense, Growth91, and angels like Ankit Nagori and Amit Lakhotia.
Darwix provides conversational intelligence for sales conversations to enterprises using its proprietary large language model (LLM) stack.
The platform primarily serves clients in the BFSI and retail sectors in the US, India, and the Middle East.
Darwix AI's Transform+ platform offers real-time conversational intelligence, agent assistance, and automation across various communication channels.
Founded by IIM alumni Ajay Sethi and Hanit Awal, the startup plans to utilize the funding for product development and market expansion.
The funding will also be used to grow the team and expand the omnichannel platform's applications in enterprise use cases.
Darwix aims to address the challenge faced by enterprises with fragmented solutions by providing a unified, generative AI stack for enhancing customer interactions.

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