14 stories from 7 sources

AI valuations and strategic capital defined the funding day

Day’s Recap

Supporting Articles

3:52 PMTechCrunch

OpenAI reportedly in talks to raise $30B round at $1.4T valuation

Summary

OpenAI is reportedly discussing a $30 billion funding round that would value the company at $1.4 trillion. The round is expected to be its last before a delayed public debut in 2027.

A $1.4 trillion valuation would place OpenAI among the world's most valuable private companies and

Why it matters

The deal would reset private-market expectations for AI valuations and make OpenAI's eventual public offering a major test of investor appetite.

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1:12 AMCNBC

India readies $25 billion for Deep Tech investment as U.S. and China race ahead

Summary

India is preparing a $25 billion investment push for deep-tech startups to reduce its reliance on foreign technology and narrow the gap with the U.S. and China.

The size of the proposed commitment signals a shift from startup support toward strategic technological

Why it matters

India is treating deep tech as a national competitiveness priority, which could reshape capital flows and the global startup landscape.

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2:02 PMHousing Wire

EliseAI, Manhattan-Based Proptech Unicorn, Raises $350M

Summary

EliseAI has raised $350 million in a round led by Andreessen Horowitz and Bessemer Venture Partners, with participation from Ontario Teachers' Pension Plan, Sapphire Ventures and Navitas Capital. The funding values the Manhattan-based company at $4 billion as it expands AI tools for housing and health care systems.

The $4 billion valuation shows that investors still see strong growth potential in vertical AI,

Why it matters

The round signals that specialized AI companies can attract multibillion-dollar valuations when they target costly, labor-intensive industries.

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7:00 AMFortune

Exclusive: AI housing unicorn EliseAI hits $4 billion valuation in new funding round led by a16z and Bessemer

Summary

EliseAI has reached a $4 billion valuation in a new funding round led by Andreessen Horowitz and Bessemer Venture Partners. CEO Minna Song argues that sectors where AI can have the greatest practical impact are not receiving proportional investor attention.

The valuation marks a sharp rise in investor confidence in AI applied to housing operations,

Why it matters

Housing is emerging as a major test of whether vertical AI can turn operational automation into venture-scale returns.

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2 stories · 2 sources

2:26 PMFinextra

Jeeves raises $110m for stablecoin banking platform

Summary

Jeeves raised $110 million to scale its stablecoin-native banking platform for global enterprises. The company is building on its existing corporate card and expense management business.

The round shifts Jeeves' growth strategy toward stablecoin-based financial infrastructure for multinational companies. Success will

Why it matters

The financing signals growing investor interest in stablecoins as an enterprise payments and banking layer.

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10:00 AMBloomberg Markets

Jeeves Raises $110 Million From A16z, Coinbase for Crypto Push

Summary

Jeeves raised $110 million from investors including Andreessen Horowitz and Coinbase to expand its fintech products. The plans include a stablecoin wallet, AI agents and instant payouts across more countries.

The decisive shift is Jeeves putting crypto infrastructure at the center of its next expansion

Why it matters

The round signals continued investor appetite for fintech companies that connect global payments with stablecoins and AI.

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Other Developments

A curated list of other prominent stories from this day.

8:01 PMFinextra

Elio Mortgage launches with $5.1m in pre-seed funding

Summary

AI-native startup Elio Mortgage has launched with $5.1 million in pre-seed funding. Motive Partners and Social Leverage led the round.

Elio enters the mortgage market with unusually strong early backing for a pre-seed company. The

Why it matters

The deal signals continued investor appetite for applying AI to large, inefficient financial workflows, including mortgage lending.

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11:17 AMHousing Wire

Elio Mortgage launches with $5.1M preseed funding

Summary

Elio Mortgage launched with $5.1 million in preseed funding led by Motive Partners and Social Leverage. The company plans to pursue nationwide licensing and hire loan officers.

Elio is using early capital to build the regulatory footprint and sales force required for

Why it matters

The launch adds a newly funded mortgage entrant at a time when nationwide distribution and operating efficiency remain critical advantages.

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9:05 AMCNBC

Coinbase Ventures and CMCC Global close strategic funding round with trading firm Raven

Summary

Coinbase Ventures and CMCC Global closed a strategic funding round with Raven, an institutional market maker focused on prediction markets. Raven supplies continuous buy and sell orders for prediction-market contracts.

The funding adds institutional liquidity to a market that depends on active trading to make

Why it matters

Better market making could help prediction markets move from niche products toward more liquid, institutionally supported venues.

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8:30 AMTechCrunch

Reco raises $55M as AI agent security startups crowd the market

Summary

Reco raised $55 million, following a $30 million round in February, bringing its total funding to $140 million. The company is competing in a growing field of startups focused on securing AI agents.

Investor funding is accelerating the market for tools that monitor and control AI agents as

Why it matters

The funding surge signals that AI agent security is becoming a standalone enterprise software category.

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7:32 AMUniversity Business

College students flex their power in AI investment frenzy

Summary

Dorm Room Fund, which enables college students to invest in fellow student founders, has raised a new $50 million fund as competition for young AI entrepreneurs intensifies.

The new fund gives student investors more capital and influence just as AI startups compete

Why it matters

Student investors are becoming a more consequential channel for discovering and financing the next generation of AI founders.

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5:14 AMFinextra

EU backs spotixx

Summary

Frankfurt-based fintech spotixx has received Eurostars funding for a joint project with Dutch technology company Roseman Labs, supported by Germany's Federal Ministry of Research, Technology and Space.

The grant gives spotixx resources to develop its project with Roseman Labs and signals public

Why it matters

EU-backed collaboration is helping European fintechs build shared technology while reducing dependence on non-European capital and platforms.

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3:37 AMBloomberg Markets

Lux Capital in Talks to Join Onodrim Round at Unicorn Valuation

Summary

Lux Capital is in discussions to lead part of a roughly €200 million funding round for Dutch defense startup Onodrim, according to people familiar with the matter. The investment would reportedly value the company at more than $1 billion.

A potential unicorn valuation would mark a sharp escalation in investor appetite for European defense

Why it matters

The round would show that defense startups are attracting late-stage venture capital at valuations once reserved for mainstream software companies.

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3:00 AMFinextra

Marble raises €6.5m to automate compliance

Summary

French open-source infrastructure company Marble has raised €6.5 million in a Series A round to develop fraud detection and AML/CFT compliance tools.

Marble will use new capital to scale software that automates costly financial-crime controls. Banks and

Why it matters

Compliance automation is becoming core infrastructure as financial institutions face rising monitoring costs and fraud exposure.

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