Daily Summary of AI Startup Funding News (October 28, 2025)
Recently Closed Funding Rounds
Mercor
- Funding Amount: $350 million (Series C)
- Description: Mercor, a San Francisco-based AI startup focused on semiconductor design, raised this funding to enhance its operations, achieving a valuation of approximately $10 billion.
- Read more here
MatrixSpace
- Funding Amount: $20 million
- Description: MatrixSpace, a defense radar startup, secured this funding to expand its AI-enhanced counter-drone systems.
- Read more here
Honey Health
- Funding Amount: $7.8 million
- Description: Honey Health raised this funding to automate healthcare operations, aiming to improve efficiency in healthcare delivery.
- Read more here
Nexos AI
- Funding Amount: €30 million (Series A)
- Description: Nexos AI, focused on AI security, secured this funding to help enterprises adopt AI safely while maintaining data control and privacy.
- Read more here
Clerq
- Funding Amount: $21 million
- Description: Clerq raised this funding to reinvent high-ticket B2B payments, enhancing its platform's capabilities.
- Read more here
Startups Currently Raising Funds
DRUID AI
- Funding Target: €50 million
- Description: DRUID AI, which develops AI-powered virtual assistants to automate enterprise workflows, is targeting this amount in its next funding round.
- Read more here
OpenAI
- Funding Target: $18 billion
- Description: OpenAI is looking to secure this amount to support its commitment to building data centers in the U.S. and cover operational expenses.
- Read more here
Summary
The AI startup funding landscape is vibrant, with significant rounds closed by startups like Mercor and MatrixSpace. Current fundraising activities indicate strong investor interest, particularly in AI security and automation sectors, exemplified by DRUID AI and OpenAI's ambitious funding targets.
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