Fresh capital backs crypto, inference, and healthcare automation

Summary

Groq confirmed a $650 million funding round and is rebuilding its leadership team after a major not-acqui-hire deal in the AI chip market. The company is leaning harder into its hosted inference offering, positioning itself as a neocloud provider rather than only a hardware vendor.

Why it matters

Inference winners will be decided by available capacity and delivery speed, and Groq is using fresh capital to stay in that race even after a talent shock.

Summary

On-chain trading platform fomo raised $75 million in a Series B round led by Index Ventures, with Union Square Ventures and Benchmark also participating.

Why it matters

The round signals renewed institutional conviction in on-chain trading infrastructure and will intensify competition for users, liquidity, and regulatory positioning.

Summary

Fomo raised $75 million in Series B funding for its consumer crypto trading app. The company says the year-old platform has processed more than $4 billion in trading volume and onboarded more than 68,000 first-time crypto traders.

Why it matters

A funded push for retail trading apps can expand crypto adoption fast, but it concentrates risk in the most regulated and most cyclical segment of the market.

Summary

Prosper AI raised $30 million in a Series A led by Andreessen Horowitz to scale its healthcare AI platform. The company sells an end to end workflow that automates patient scheduling, insurance verification, and billing.

Why it matters

A funded push to unify scheduling, verification, and billing raises the bar for healthcare admin software and could accelerate consolidation across the patient access and revenue cycle stack.