Modular, a startup creating a platform for developing and optimizing AI systems, has raised $100 million in funding, bringing its total raised to $130 million. The round was led by General Catalyst, with participation from GV (Google Ventures), SV Angel, Greylock, and Factory. The proceeds will be put toward product …

Aily Labs, a Munich, Germany-based pioneer of an AI-powered decision intelligence app for global enterprises, raised €19 million in a Series A round led by global software investor Insight Partners. This funding will be used to scale operations and expand the company's presence in the United States while accelerating innovation …

Irys Insurtech, a Tampa, Florida-based startup, closed $3.5 million in a seed funding round led by Markd. The funding round included follow-on investment from prominent insurtech firms Brokertech Ventures, Revtech Labs, Cofounders Capital, and Mtech Capital. The fresh funds will be used to scale the platform and implementation team. Irys …

Metroc, a Helsinki, Finland-based construction data platform with a database of properties, construction projects, and real estate deals, secured €2 million in seed funding. The round was led by Lifeline Ventures, along with support from notable angel investors. The funds will be used to develop and expand its market data …

Genesis Therapeutics, a Burlingame, CA-based biotech company that uses AI to create breakthrough medicines for patients with severe diseases, closed a $200 million oversubscribed Series B funding round. The financing was co-led by a U.S.-based life sciences-focused investor, along with returning investor Andreessen Horowitz (a16z) Bio + Health, which led …

Portkey.ai, a San Francisco, CA-based company dedicated to helping engineering teams accelerate the development and deployment of generative AI applications, raised $3 million in seed funding. The round was led by Lightspeed, with participation from a number of angel investors including prominent figures from businesses including AWS, OpenAI, Cloudflare, Postman, …

Modyfi, a Los Angeles, CA-based AI-native design platform and image editor, has announced the full public beta launch of its platform and secured $7 million in seed funding. The round was led by New Enterprise Associates, Inc. (NEA), with participation from existing investors, including General Catalyst, which also participated in …