Several tech startups — AIM, Aethero, Glean, among others, have announced their venture capital VC funding to bolster innovation and business growth.
AIM Raises $50 mn
AIM has announced a $50 million funding round led by Khosla Ventures, General Catalyst, Human Capital, Ironspring Ventures, Mantis, DCVC, and others. AIM offers an AI platform that retrofits heavy machinery such as bulldozers and excavators to enable autonomous operation in construction and mining. The strategy is to deploy autonomous fleets across mining, construction, and government works. Investment will support the expansion of the AI platform and deployment at customer sites. The technology enables plug-and-play retrofit of machinery regardless of make, model, size, or age and provides continuous operation, fuel savings, fleet availability, site planning, diagnostics, and safety. The customer focus includes mining and construction companies seeking automated operation, site planning, and safety improvements. Investors include venture firms tied to AI and deep tech. Innovation centers on embodied AI for earthmoving machinery with retrospective installation. Benefits consist of increased uptime, fuel efficiency, site throughput, remote operations, and staff protection. The founding CEO is Adam Sadilek.
Aethero Secures $8.4 mn
Aethero has secured $8.4 million in a seed funding round led by Kindred Ventures with participation from Neo, Giant Step, O’Shaughnessy Ventures, Alumni Ventures and others. The company develops space-grade computing systems and autonomous satellite platforms retrofitted with AI/ML software to enable real-time data processing, swarm maneuvers, missile tracking and reduced ground control reliance. Strategy involves deploying autonomous systems for defense and commercial space operations. Investment will support hardware and software development and two demonstration satellite missions. The technology allows on-orbit autonomy, connectivity and decision-making at the satellite edge. The customer focus includes public and private sector space operators requiring in-orbit autonomy and threat response capabilities. Investors are venture firms specializing in deep tech and defense. Innovation centers on integrating AI/ML into orbital systems for autonomous mission execution. Benefits include faster response, streamlined missions, reduced latency, improved security and operational resilience. The company was co-founded and is led by Edward Ge, with Amit Pinnamaneni serving as CTO and co-founder.
Glean Raises $150 mn
Glean, based in Palo Alto and founded in 2019 by Arvind Jain, raised $150 million in a Series F financing round led by Wellington Management with participation from Khosla Ventures, Bicycle Capital, Geodesic Capital, Archerm Capital, Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed, Sapphire, and Sequoia Capital. The funding values the company at $7.2 billion. Glean reported over $100 million in annual recurring revenue less than three years after launch and records over 100 million AI agent actions annually. The strategy focuses on accelerating enterprise adoption of AI agents and expanding a horizontal agent environment titled Glean Agents. Investment will support product innovation, partner ecosystem expansion, global scaling, and new international office development. The technology integrates enterprise search with AI agents across 100+ SaaS connections and enterprise governance. Customer focus targets large enterprises deploying AI for knowledge discovery, content generation, and personal workflow automation. Innovation centers on scalable deployment of AI agents grounded in enterprise context. Benefits include improved productivity, automated workflows, knowledge access, and enterprise-grade data security.
InfotechLead.com News Desk
