Instinct, a San Francisco-based developer of AI assistants, secured the largest round of the week with $250 million in Series B funding. The investment, backed by Index Ventures and Benchmark, values the company at $2.5 billion.
Owner, which provides AI automation tools for local businesses, raised $240 million. The financing was led by Goldman Sachs Growth Equity, giving the 8-year-old San Francisco company a valuation of $2.3 billion.
Generalist AI and Gatik both secured $200 million. Generalist AI is developing a foundation model for various robots, with funding led by 8VC. Gatik, a driverless trucking operator from Santa Clara, closed a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies.
Socure, an identity and risk compliance provider, raised $156 million in growth funding led by Summit Partners, valuing the Nevada-based company at $5.2 billion. As part of the deal, Socure acquired the agentic platform Fravity.
Emerald AI raised $150 million in Series A funding led by Energize Capital and DCVC, valuing the Washington, D.C.-based data center energy management platform at $1.05 billion.
Other notable rounds include Regent Craft's $120 million in equity and $120 million in debt funding for sea gliders, AusperBio's $120 million Series C for biopharma, Stability AI's $76 million Series B for creative AI, and Blank Street's $75 million for coffee chain expansion, plus $30 million in secondary transactions.
