Funding & acquisitions
Horizon3 raises 250 million dollars: valuation triples to 2 billion on 120 percent ARR growth
Horizon3, the cybersecurity company behind the autonomous penetration testing platform NodeZero, has raised a 250 million dollar Series E co-led by NightDragon and NEA. The round values the company at more than 2 billion dollars, roughly triple the 650 million dollar valuation of its Series D just over a year ago, after annual recurring revenue grew 120 percent year over year.
Europe’s AI Investment Boom Is Creating a New Customer Market for SMEs
European AI startups attracted a record $23 billion in venture capital during the first half of 2026, according to the newly released 2026 European AI Economy Report by HumanX and Crunchbase. The figures show that AI companies accounted for 55 percent of all venture capital invested in Europe, highlighting how quickly the continent's AI ecosystem continues to expand.
Paper raises 34 million dollars: design platform reports 25x ARR growth
Paper, a design platform led by founder Stephen Haney, has raised 34 million dollars in a Series A round co-led by Accel and ICONIQ. The company reports that annual recurring revenue has grown 25 times since it launched Paper Desktop in early 2026. Customers named in the announcement include Ramp, Vercel, PostHog and Y Combinator.
Glow leaves stealth with 180 million dollars: endpoint security rebuilt for AI agents
Israeli-American startup Glow emerged from stealth on 22 July 2026 with 180 million dollars in Series A funding at a 1.2 billion dollar valuation. Founded in 2025 by former Meta and Snowflake executives, the company sells prevention-first endpoint security designed for a workplace where AI agents, not only humans, run software on corporate devices.
Passionfroot raises 15 million dollars after 13x revenue growth with a 15-person team
Berlin-based Passionfroot has closed a 15 million dollar Series A led by Insight Partners. The B2B creator marketplace grew revenue 13x year over year, reached profitability and serves more than 150 business customers, all with a team of 15 people. The round funds a US expansion and a deeper push into AI-driven campaign automation.
Nebius secures 775 million dollars: asset-backed debt accelerates global AI cloud expansion
Amsterdam-based Nebius Group has arranged approximately 775 million dollars in its first senior secured debt facility to finance the expansion of its full-stack AI cloud. The structure links growth funding to deployed GPU infrastructure and long-term customer revenue, making it relevant to founders and investors evaluating how capital-intensive AI platforms can scale.
Icertis appoints interim co-CEOs: board starts search for permanent leader
Icertis has appointed Chief Financial Officer Rajat Bahri and board member Jim Moffatt as interim co-CEOs, while Moffatt also becomes board chair and Bahri remains CFO. The leadership change places two executives with finance, consulting and enterprise technology experience in charge as the contract intelligence company continues its AI-native product strategy and begins a search for a permanent chief executive.
Twelve Labs raises $100 million as enterprises finally index their video
Video understanding startup Twelve Labs has raised $100 million to expand its models that make video archives searchable and analyzable, one of several signs that enterprise AI budgets are moving beyond text.
Together AI raises $800 million at an $8.3 billion valuation as open-source infrastructure heats up
Together AI, the San Francisco platform for running open-source AI models, has raised $800 million in a round led by Aramco Ventures, valuing the company at $8.3 billion. It is one of the largest infrastructure rounds of the year.
LeapXpert raises $180 million: regulated industries are buying AI guardrails, not just AI
LeapXpert, the New York platform that makes business communication over consumer messaging apps compliant and auditable, has raised $180 million. The round says as much about AI adoption as it does about messaging.