Latest Startups & Entrepreneurship News

📅December 2, 2025 at 1:00 PM
Today's top startup news features major funding rounds in fintech, AI, and health tech, with notable raises by Nevis, Black Forest Labs, and Function, alongside new consortiums tackling AI risks and global expansion initiatives.
1

Nevis Raises $35M Series A for AI Wealth Management

Nevis, founded by ex-Revolut executives, raised $35 million in a Series A round led by Sequoia Capital, ICONIQ Growth, and Ribbit Capital, bringing its total funding to $40 million. The platform automates wealth management tasks for financial advisors Source 1Source 2.

2

Black Forest Labs Secures $300M at $3.25B Valuation

Black Forest Labs raised $300 million in a Series B round, achieving a $3.25 billion valuation. The funding will support the company's expansion in generative AI and related technologies Source 7.

3

Function Health Raises $298M Series B

Function, a health startup, secured $298 million in a Series B round led by Redpoint Ventures, reaching a $2.5 billion valuation. The funds will accelerate its growth in digital health solutions Source 2.

4

Sokin Raises €42.9M for Global Payments Platform

London-based Sokin raised €42.9 million ($50 million) in a Series B round to expand its multi-currency accounts and cross-border payment services. The platform targets businesses seeking borderless finance solutions Source 1.

5

Jeeva AI Secures $9M Seed Funding

Jeeva AI raised $9 million in a seed round led by JLL Spark and Sapphire Ventures. The startup focuses on AI-driven solutions for real estate and property management Source 1.

6

Raindrop Raises $15M for AI Agent Monitoring

Raindrop, a platform for monitoring AI agents, secured $15 million in seed funding. The company will use the capital to enhance its monitoring tools and expand its team Source 2.

7

Mixx Technologies Closes $33M Series A

Mixx Technologies, specializing in high-performance optical connectivity for AI infrastructure, raised $33 million in a Series A round. The funding will support the development of advanced AI hardware solutions Source 2.

8

Fujitsu Launches Consortium to Combat AI Risks

Fujitsu established Frontria, an international consortium with over 50 organizations, to address disinformation and new AI risks. The consortium aims to expand to 100 global participants by 2026 Source 5.

9

Tractor Junction Raises $22.6M for Rural Auto-Fintech

Tractor Junction, a rural auto-fintech platform in India, raised $22.6 million in a Series A round. The funds will be used to expand its services and reach more rural customers Source 3.

10

Method Financial Secures $42M Series B

Method Financial, an Austin-based fintech, raised $42 million in a Series B round, adding to its previous $16 million. The company continues to grow its financial technology offerings Source 4.