Browsing: Closes

Inevitable AI Group (IAIG), founded by Simplex co-founders who sold their company to Nuvei for $250M, has closed a $6M pre-seed led by Aleph. The AI venture studio has already launched five independent ventures since January, with plans for dozens more. IAIG bets that lean AI-native teams can build enterprise-grade software in weeks and undercut…

Faye, an AI-powered platform for travel insurance, said it has raised $50 million in Series C funding led by Seattle, Wash.-based Madrona Venture Group. Other investors include BRM and existing investors Portage, F2 Venture Capital, Viola Ventures and Lumir Ventures.

Fireworks AI Inc., a startup that helps developers train and run artificial intelligence models, has raised $1.5 billion in funding. Atreides Management, Index Ventures and TCV jointly led the Series D round. Fireworks stated in its funding announcement Wednesday that they were joined by more than a…

Sparrow Capital Closes Rs 475 Cr Third Fund To Back 25–30 Early-stage Startups BW Online BureauJul 02, 2026 Sparrow Capital will continue investing across sectors, with consumer, fintech, and AI-native software emerging as key areas of founder activity Sparrow Capital marks the final close of its …