📌 10 AI Startups raise $40B+

TODAY’S FUNDING RECAP 🗓️

• LightSource raises a $33M Series A — Procurement operations

• Chef Robotics raises a $20.6M Series A — Food assembly

• Isomorphic Labs raises a $600M Round — Drug design

• 6 more rounds caught by my funding tracker & 2 NEW unannounced deals

Read time: 2 minutes

RAISED A $9M SEED

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TOP PICKS 📢

1/3

→ LightSource

Amount: $33M 🎉

Round: Series A

Lead Investor: Bain Capital Ventures, Lightspeed Venture Partners

LightSource is a procurement and sourcing platform for buyers and suppliers in industries with complex, high-volume sourcing needs.

The platform replaces SAP, spreadsheets, and manual email workflows with an integrated system that accelerates the full RFQ (request-for-quote) lifecycle, enables real-time supplier collaboration, and unlocks insights into pricing, supplier performance, and cost trends. For buyers, it simplifies collecting technical requirements, identifying qualified suppliers, sending RFQs, comparing quotes, and making sourcing decisions.

Why BCV invested in them

Why Lightspeed invested in them

2/3

→ Chef Robotics

Amount: $20.6M 🎉

Round: Series A

Lead Investor: Avataar Venture Partners

Chef Robotics builds robotic arms for food assembly tasks in commercial kitchens and food production facilities.

They are installed on metal racks that stand next to food assembly lines, where they mimic the movements of human workers—such as scooping, portioning, and placing food into prepackaged meal containers. The arms are powered by a proprietary model which is continuously trained on real-world production data.

3/3

→ Isomorphic Labs

Amount: $600M 🎉

Lead Investor: Thrive Capital

Isomorphic Labs has developed an AI drug design engine to support pharmaceutical research and development.

At the heart of the product is a suite of interconnected AI models, including AlphaFold 3, which builds upon the protein-structure prediction technology pioneered by DeepMind. Their software can predict how well a small molecule will attach to a protein, analyze how it will behave in the body, and guide the molecular optimization process.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ OpenAI raises a $40B Round — Frontier AI research and products

→ Tomorro raises a $27M Round — AI-powered contract management

→ voize raises a $9M Seed — AI to document notes for healthcare

→ Ribbon raises a $8M Seed — AI to screen and interview candidates

→ Sourcetable raises a $4.3M Seed — AI spreadsheet

2 more round in the Funding Database →

UNANNOUNCED DEALS FROM ARFUR ROCK

→ Etched is raising an $85M Round at a $1.5B post-money valuation (NEW)

→ Cursor is raising an $625M Round at a $9.6B post-money valuation led by Thrive Capital & a16z, $200M ARR (NEW)

→ OpenArt is raising a Series A, $12M ARR

→ Interview Coder is raising a $5M Seed from Abstract & Susa Ventures

→ DeepJudge is raising a Series A at a $300M post-money valuation from Felicis, $2M ARR

Arfur Rock →

BONUS 🔥

FOR CURIOUS MINDS

THAT’S IT FOR TODAY

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