Several tech start-ups – SimSpace, CoreStory, Uptiq.ai, ConductorOne, FrontlineIQ, among others, have raised VC funding.
SimSpace Secures $39 mn
SimSpace, led by CEO Peter Lee, raised $39 million via equity and debt financing from new investors BTG Pactual U.S. Private Credit Investments and Communitas Capital, along with existing investor L₂ Point Management.
The financing backs SimSpace’s cyber-range platform used for AI-agent and human defender readiness. Strategy: prepare organisations for AI-powered adversaries by offering realistic, intelligent “live-fire” simulations.
Technology focus: digital twin environments, reinforcement learning for AI agents, large-scale cyber range infrastructure.
Customer focus: elite cybersecurity organisations, enterprises and governments validating AI/agent workflows.
Innovation: merge AI-agent threat modelling with cyber training infrastructures.
Benefits: enhanced readiness, reduced cyber-risk, cost-effective validation of defence tools and workflows.
CoreStory Raises $32 mn
CoreStory, led by CEO & Founder Anand Kulkarni, announced a $32 million Series A funding round led by Tribeca Venture Partners and supported by NEA, SineWave Ventures, Samsung Next, Harrison Metal, Nimble Partners and Alumni Ventures.
The startup uses an AI “Code-to-Spec” platform that analyzes legacy codebases and produces living specifications.
Strategy: help enterprises convert old, undocumented systems into maintainable, modern assets.
Technology focus: large-language-models + static-analysis discipline, code graphing, developer chatbot interface.
Customer focus: large enterprises in regulated industries with massive legacy tech—banks, utilities, defense.
Innovation: shift from guesswork to AI-driven system understanding & modernization.
Benefits: faster modernization, reduced risk, improved developer onboarding, smoother cloud transformation.
Uptiq.ai Raises $12 mn
Uptiq.ai has raised $12 million in a funding round led by Silverton Partners, with participation from Live Oak Venture Partners, Tau Ventures, First Capital and Green Visor Capital. The strategy centers on enabling banks, wealth firms and fintechs to adopt AI rapidly and responsibly by offering “Qore”, a next-generation AI infrastructure platform. Technology focus includes LLM-agnostic, enterprise-grade, compliant AI systems that integrate with legacy stacks. The CEO is Snehal Fulzele. Customer focus is on financial institutions of various sizes needing scalable AI solutions under governance. Innovation lies in “AI infrastructure as a service” for finance, and benefits include drastically reduced time-to-value and improved regulatory alignment for AI deployments.
ConductorOne Raises $79 mn
ConductorOne has secured $79 million in Series B funding (bringing its total raised to over $100 million) in a round led by Greycroft with participation by strategic investor CrowdStrike Falcon Fund, and existing investors including Accel and Felicis Ventures. The strategy is to lead the identity-security market as the first AI-native platform that secures human, non-human and AI identities. Technology focus includes connectors, automation and AI agents embedded in identity governance, access and privilege management. The Co-founder & CEO is Alex Bovee. Customer focus is on enterprise and hyper-growth firms facing identity sprawl and security risk. Innovation is in replacing legacy IAM/IGA/PAM stacks with a unified AI-first platform; benefits include ~95 percent reduction in IT effort for access requests, faster deployment and stronger risk posture.
FrontlineIQ Emerges from Stealth With $3.3 mn
FrontlineIQ has emerged from stealth with $3.3 million in funding to transform in-person sales coaching through AI.
Strategy: empower field sales teams with AI-driven coaching, feedback and performance optimisation.
Technology focus: AI coaching tools for real-world, face-to-face sales interactions (versus purely digital sales).
Customer focus: enterprises with large in-person sales forces seeking to elevate performance and close rates.
Investors: initial seed backers (not all named).
Innovation: applying AI coaching to in-person sales rather than remote/digital scenarios. Benefits: more effective coaching, increased revenue per rep, faster ramp-up of field teams and data-driven sales improvement.
Thasniya VP
