Daily Summary of AI Startup Funding News (October 24, 2025)
Recently Closed Funding Rounds
Crusoe
- Funding Amount: $1.38 billion
- Description: Crusoe, an AI data center startup, has raised this amount in an anticipated Series E funding round, valuing the company at approximately $10 billion.
- Read more here
Redwood
- Funding Amount: $250 million
- Description: Redwood secured this funding to enhance its multimodal AI infrastructure, pushing its valuation to $4 billion.
- Read more here
Avride
- Funding Amount: $375 million
- Description: Avride received this funding to expand its autonomous robotaxi services, backed by Uber and Nebius.
- Read more here
Generation Lab
- Funding Amount: $11 million (Seed Round)
- Description: This longevity startup raised funds led by Accel to further its research and development.
- Read more here
Wonder Studios
- Funding Amount: $12 million
- Description: Wonder Studios raised this amount to integrate film and technology, aiming to innovate storytelling.
- Read more here
Startups Currently Raising Funds
MythWorx
- Funding Amount: Undisclosed (Seed Round)
- Description: MythWorx is raising funds for its next-generation AI and AGI technologies.
- Read more here
Abridge
- Funding Amount: $300 million (Series E)
- Description: Abridge, a healthcare AI unicorn, has raised this funding to enhance its AI healthcare operating system.
- Read more here
Findem
- Funding Amount: Undisclosed
- Description: Findem, an AI recruitment startup, is currently in the funding process, focusing on leveraging AI for recruitment solutions.
- Read more here
Summary
The AI startup funding landscape continues to thrive, with significant rounds closed by Crusoe and Redwood among others. Startups like MythWorx and Abridge are also actively seeking funds to advance their innovative technologies. The trend indicates a robust investor appetite for AI solutions across various sectors.
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