Cognition AI has secured $2 billion in a Series E round, valuing the company at $48 billion. This valuation nearly doubled in four months, supported by a run-rate revenue increase from $492 million in May to nearly $900 million. Andreessen Horowitz and Accel led the investment, with participation from Founders Fund, General Catalyst, and Avenir.
Algomatic Dynamics, a Tokyo-based startup, raised ¥5 billion from DMM.com to advance robotics and physical AI. The company is developing multi-finger robotic hands and control systems, with a platform release planned for 2026. This funding represents a strategic corporate commitment to address labor constraints in Japanese manufacturing and logistics.
India’s QNu Labs raised ₹200 crore in Series A1 funding led by the National Quantum Mission and Speciale Invest, alongside a separate ₹150 crore convertible facility. The company, which has raised a total of ₹375 crore, focuses on quantum-safe cybersecurity infrastructure, including a 2,000-kilometer quantum key distribution network.
CloudNC, a UK-based software firm, added $20 million to its Series B round, bringing its total funding to $128 million. The company provides AI-assisted software for CNC machining, currently used by over 1,000 machine shops. Investors include Nimble Ventures and Lockheed Martin’s venture arm, LM Ventures.
German startup Limetax combined €6 million in equity with a €30 million bank facility to integrate AI software with traditional tax firm acquisitions. This deal highlights a trend toward more sophisticated capital structures, where startups utilize both venture equity and credit facilities to fund infrastructure and asset-heavy operations.
