Daily Summary of AI Startup Funding News (October 27, 2025)
Recently Closed Funding Rounds
Abridge
- Funding Amount: $300 million (Series E)
- Description: Healthcare AI unicorn Abridge raised this round, valuing the company at $5.3 billion. The round was led by Andreessen Horowitz with participation from Khosla Ventures.
- Read more here
Nexos AI
- Funding Amount: €30 million (Series A)
- Description: Founded by the co-founders of Nord Security, Nexos AI closed this round to help enterprises adopt AI while maintaining data control and privacy.
- Read more here
DRUID AI
- Funding Amount: €50 million (Upcoming Round)
- Description: This conversational AI startup is targeting this amount in its next funding round to enhance its virtual assistant technology.
- Read more here
Thinking Machines Lab
- Funding Amount: $2 billion (Seed Round)
- Description: The AI startup led by Mira Murati raised this amount, setting a record for seed round size.
- Read more here
Lumi AI
- Funding Amount: $3.7 million (Seed Round)
- Description: Lumi AI raised this funding to expand its platform that generates insights from unstructured data.
- Read more here
Startups Currently Raising Funds
Figure
- Funding Amount: $1.5 billion (Series C)
- Description: Backed by OpenAI, Nvidia, and Microsoft, Figure is reportedly in talks to raise this significant amount for its humanoid robotics project.
- Read more here
Conversational AI Startup
- Funding Amount: Targeting €50 million
- Description: This startup aims to enhance enterprise workflows through AI-powered virtual assistants.
- Read more here
LayerX
- Funding Amount: $100 million (Series B)
- Description: LayerX is raising this amount to expand its platform that automates enterprise back-office functions.
- Read more here
Summary
The AI startup funding landscape remains robust, with significant rounds closed by Abridge and Nexos AI among others. Startups like Figure and LayerX are also actively seeking substantial investments, reflecting the continued investor interest in AI technologies across various sectors.
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