Several tech startups — Neuron Factory, Frinks AI, Hex, AssistIQ, Conduit, Deccan AI, Cerby, among others, have announced their venture capital funding to bolster innovation and business growth.
Neuron Factory Raises $6 mn
Neuron Factory has secured $6 million in seed funding and a strategic partnership with Cordeel Group. Its AI coworker platform, powered by a proprietary enterprise task graph, enables AI agents to support real-time coordination, task delegation, and decision-making across complex construction environments, improving efficiency throughout every phase.
Frinks AI Raises $5.4 mn
Frinks AI has raised $5.4 million in a Pre-Series A round led by Prime Venture Partners, bringing total funding to $6.25 million. Existing investors Chiratae Ventures, Navam Capital, and Ashok Atluri also participated. Frinks is building next-generation Vision AI systems for automating quality control in manufacturing. Strategic investors include S Ramadorai, Dr. V Sumantran, Dr. Tarun Ramadorai, and Dr. Gopichand Katragadda.
Hex Secures $70 mn
Hex has raised $70 million in Series C funding led by Avra, with participation from a16z, Amplify, Box Group, Redpoint, Sequoia, and Snowflake Ventures. Hex replaces outdated tools with AI-native platforms that unify workflows, automate insights, and empower data use.
AssistIQ Raises $11.5 mn
AssistIQ has raised $11.5 million in Series A funding led by Battery Ventures, with Tamarind Hill participating. Its platform captures every item used in surgical and procedural rooms, helping hospitals recover revenue, streamline operations, and improve staff satisfaction.
Conduit Raises $36 mn
Conduit has raised $36 million in Series A funding co-led by Dragonfly and Altos Ventures, with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios Digital Ventures, and Portage Ventures. The funding will scale Conduit’s use of stablecoins for global transactions.
Deccan AI Secures Fund
Deccan AI, specializing in pristine data for AI model training and evaluations, secured funding from Prosus Ventures to accelerate product development, team expansion, and market growth. Its platform supports AI leaders like Google and Snowflake, leveraging over 500,000 freelancers for GenAI use cases like agentic evaluations and multi-modal data.
Cerby Raises $40 mn
Cerby has raised $40 million in Series B funding led by DTCP, with support from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures. Cerby will use the capital to expand in North America and EMEA and further innovate its identity security solutions.
InfotechLead.com News Desk
