📌 2 AI Startups raise $70M+

BONUS: The Agentic AI Runtime Stack From Wing VC

April 26, 2025

TODAY’S FUNDING RECAP 🗓️

  • Reducto raises a $24.5M Series A — Document ingestion infra

  • Nous Research raises a $50M Series A — Decentralized AI training

Read time: 1 minute

TURN CALL RECORDINGS INTO PODCASTS

Chief AI Office: Retellio takes all your company's customer calls, finds the moments that matter, and turns them into short podcasts.

Their AI extracts key insights on objections, pricing, and discovery

  • Sales leaders, RevOps teams gain instant access to trends & actionable insights without endless searching.

  • One-click integration from Gong, Zoom, Fireflies, etc

TOP PICKS 📢

1/2

Amount: $24.5M 🎉

Round: Series A

Lead Investor: Benchmark

Reducto offers a document ingestion API designed to process unstructured data into LMM-ready inputs.

Their platform uses vision models to understand document structures the way humans do, capturing visual cues like paragraph spacing, table layouts, and hierarchical tabs. In addition to parsing, the platform now supports document splitting, intelligent classification, structured extraction, and is evolving toward offering an integrated solution for any unstructured data workflow.

2/2

Amount: $50M 🎉

Round: Series A

Lead Investor: Paradigm

Nous Research is building a decentralized platform for open-source AI model training using idle GPU compute contributed by individuals globally.

Built on the Solana blockchain, Nous enables users to contribute unused compute power in exchange for crypto-based rewards. Their platform, Psyche, manages globally distributed, fault-tolerant AI training, and its proprietary component, Nous Distro, optimizes training efficiency by allowing nodes to operate independently.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

Nothing to see here today. Check in again in the next issue

UNANNOUNCED DEALS FROM ARFUR ROCK

→ Browserbase is raising a Series B at a $300M post-money valuation led by Notable Capital (NEW)

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

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

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

BONUS 🔥

FOR CURIOUS MINDS

The Agentic AI Runtime Stack | Wing Venture Capital

There’s no single architectural stack for agents, as they have multiple complex components. We see three distinct stacks for agentic AI: a model training stack, an inference stack, and an agentic runtime stack.

www.wing.vc/content/the-agentic-ai-runtime-stack

THAT’S IT FOR TODAY

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