Artificial intelligence and digital security continue attracting strategic investment
This week’s venture funding activity highlights continued investor interest in artificial intelligence-powered enterprise applications and cybersecurity. Investment was concentrated in AI-driven content creation, customer engagement platforms, and digital asset security, while IT services continued to attract strategic funding despite a quieter overall deal flow.
Global | Enterprise Applications
PixVerse, a developer of artificial intelligence models for automated video content generation, raised $139 million USD in a Series C round. Investors included Alibaba, Lollapalooza Capital, Shanghai Ivy Capital, Grand Mount Capital, Eastern Bell Capital, Mirae Asset, BlueFocus, CloudAlpha, IGlobe Partners and Lion X Ventures.
Cue, a provider of omnichannel contact center solutions for customer service, raised $5 million USD in a Series A round from Knife Capital and FAM Investments.
Global | IT Outsourcing
GreenTek Solutions, a provider of IT asset disposition, recovery, data destruction, and recycling services, raised a Seed round of an undisclosed amount from Sumitomo.
Global | Cybersecurity
MazeBolt, a provider of vulnerability scanning and distributed denial-of-service (DDoS) analysis solutions, raised a Series A round of an undisclosed amount.
Elliptic, a provider of blockchain analytics software for digital asset risk management, raised a Series D round of an undisclosed amount from Circle.
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