Daily Summary of AI Startup Funding News (November 3, 2025)
Recently Closed Funding Rounds
MapLight
Funding Amount: Not specified (Series D)
Description: MapLight is developing AI-powered precision neuropsychiatric therapies, leveraging AI to map brain circuits and discover novel treatments for brain disorders.
Leo AI
Funding Amount: $9.7 million (Seed Round)
Description: Leo AI is focused on creating an AI-powered "copilot" tailored for mechanical engineers, trained on technical literature and engineering materials.
Mercor
Funding Amount: $350 million (Series C)
Description: AI hiring startup Mercor raised this round to enhance its platform, bringing its valuation to $10 billion. The funding was led by Felicis with participation from Benchmark and General Catalyst.
Synthesia
Funding Amount: Not specified
Description: London-based AI video generation startup Synthesia closed a funding round that nearly doubles its valuation to $4 billion.
Harvey
Funding Amount: $150 million (Series F)
Description: Legal AI startup Harvey raised this funding to further develop its tools for lawyers, led by Andreessen Horowitz.
Startups Currently Raising Funds
DRUID AI
Funding Amount: Targeting €50 million
Description: The Romanian startup develops AI-powered virtual assistants to automate enterprise workflows and enhance customer experience.
Crusoe Energy Systems
Funding Amount: $1.38 billion (upcoming Series E)
Description: AI data center startup Crusoe is raising this significant amount to enhance its operations and infrastructure.
Fal.ai
Funding Amount: Not specified
Description: A multimodal AI startup that hosts image, video, and audio AI models for developers, reportedly valued at over $4 billion after its latest round.
Summary
The AI funding landscape remains dynamic, with significant rounds closed by startups like MapLight and Mercor. New fundraising efforts are underway for companies such as DRUID AI and Crusoe Energy Systems, indicating continued investor interest in AI technologies across various sectors.
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