Nous Research secured $90 million in Series B funding at a $1.5 billion valuation. The round was led by Robot Ventures with participation from Nvidia, Microsoft M12, and Samsung. The company, which develops the open-source AI agent Hermes, expects annualized revenue to exceed $100 million by the end of 2026.
Multiply Labs raised $75 million in a Series B round led by NantWorks and Dr. Patrick Soon-Shiong. The company builds robotic manufacturing clusters for biologics. New investors include AstraZeneca, Lingotto, and Teradyne. The startup claims its systems can reduce cost per dose by 74% and increase throughput by up to 100 times.
Santé, a platform for independent beverage retailers, raised $15 million in Series A funding led by FINTOP. The company serves nearly 1,000 retailers with a total annual GMV of $2 billion. This follows a $7.6 million Seed round from six months ago, bringing its total disclosed funding to $22.6 million.
Garuda Aerospace, a drone manufacturer based in Chennai, raised approximately $10 million in pre-IPO funding at a reported pre-money valuation of $320 million. The round was led by the Motherson family office and Aditum Investment Group. The company is preparing for a potential public listing in the first quarter of 2027.
