Just three companies dominated the $189B in VC investments last month
Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital.
Startups
Fig Security emerges from stealth with $38M to help security teams deal with change
Fig traces data flows in the security stack and then alerts security teams when changes at any point affect detection or response capabilities.
Cursor has reportedly surpassed $2B in annualized revenue
The four-year-old startup saw its revenue run rate double over the past three months, according to one Bloomberg source.
India’s Pronto formalizes house help as its valuation jumps 8x in under a year
Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India’s largely offline home services market.
Stripe wants to turn your AI costs into a profit center
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.
A married founder duo’s company, 14.ai, is replacing customer support teams at startups
14.ai also launched a consumer brand to understand how much AI can handle customer support tasks.
Parade’s Cami Tellez announces new creator economy marketing platform, $4M in funding
Cami Tellez announces launch of new company, $4 million raise.
MyFitnessPal has acquired Cal AI, the viral calorie app built by teens
After wooing Cal AI for months, MyFitnessPal has successfully acquired its up-and-coming rival, Cal AI, the app built by teens soaring on the apps stores.
Why China’s humanoid robot industry is winning the early market
China’s push into humanoid robots is accelerating, with domestic firms shipping more units and iterating faster than U.S. competitors in a still-nascent market.