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AI Startup Funding Update: Key Rounds and Ongoing Campaigns(October 21, 2025)

Daily Summary of AI Startup Funding News (October 21, 2025)

Recently Closed Funding Rounds

AdsGency

  • Funding Amount: $12 million (Seed Round)
  • Description: AdsGency, focused on automating advertising workflows, has secured this funding to enhance its platform.
  • Read more here

CoMind

  • Funding Amount: $60 million
  • Description: CoMind is advancing non-invasive brain monitoring technology with this latest funding round.
  • Read more here

Hyperlayer

  • Funding Amount: £30 million
  • Description: Hyperlayer is focused on programmable banking capabilities and has raised this funding to fuel its growth.
  • Read more here

Cerebras Systems

  • Funding Amount: $1.1 billion (Series G)
  • Description: Cerebras Systems, known for its AI supercomputing technology, raised this significant round to scale its operations.
  • Read more here

Nscale

  • Funding Amount: $433 million (Pre-Series C)
  • Description: U.K.-based Nscale is building sovereign GPU data centers and has secured this funding to support its development.
  • Read more here

Startups Currently Raising Funds

DRUID AI

  • Funding Target: €50 million
  • Description: This conversational AI startup is targeting this amount in its next funding round to enhance its virtual assistant technology.
  • Read more here

Finster AI

  • Funding Amount: $15 million (Combined Series A and Seed Round)
  • Description: Based in London, Finster AI is focused on providing AI solutions for finance professionals.
  • Read more here

Summary

The AI startup funding landscape continues to thrive, with significant rounds closed by startups like AdsGency and CoMind. Notably, Cerebras Systems has made headlines with its massive $1.1 billion funding round. Meanwhile, DRUID AI and Finster AI are actively seeking funds to enhance their respective technologies, reflecting ongoing investor interest in the AI sector.

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