Several tech startups — Suno, Modern Life, alphaXiv, Orion, among others, have announced their venture capital funding.
Suno Raises $250 mn
AI music startup Suno, co‑founded and led by Mikey Shulman, has raised $250 million in a Series C round, valuing the company at $2.45 billion. The round is led by Menlo Ventures, with participation from NVentures (Nvidia’s VC arm), Hallwood Media, Lightspeed, and Matrix. Suno’s technology uses advanced generative AI for music creation, combining a new v5 model and its Suno Studio workstation. The investment will help Suno scale its ecosystem, improve tools, and expand its global user base — democratizing music production across creators, professionals, and hobbyists.
Modern Life Raises $20 mn
Insurtech company Modern Life, founded and led by Michael Konialian, has secured $20 million in a Series A round from Thrive Capital, New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis. The AI-powered platform streamlines life insurance brokerage for advisors by embedding AI in underwriting, underwriting decisions (“Express Decision”), client advice, and workflow automation. The funding will fuel further product development, scale its advisor tools, and expand partnerships across the U.S. Modern Life aims to simplify and speed up policy issuance, reduce costs, and improve client outcomes.
alphaXiv Secures $7 mn
alphaXiv, co-founded by Rehaan Ahmad, Raj Palleti, Daniel Kim, and Lino Le Van, has raised $7 million in a seed round co-led by Menlo Ventures and Haystack, with participation from Shakti VC, Conviction Embed, Upfront Ventures, and angel investors Eric Schmidt, Sebastian Thrun, Sara Hooker, and Gokul Rajaram. The platform curates AI research — from papers to benchmarks to implementations — allowing practitioners to quickly find and apply state-of-the-art models. The funding will accelerate feature development, expand its community of researchers and engineers, and make cutting-edge AI more accessible for real-world use.
Orion Raises $3.5 mn
Risk-intelligence startup Orion, led by Rahul Thayil, has raised $3.5 million in a funding round led by Dynamo Ventures, with support from Bravo Victor Venture Capital (BVVC), Techstars, Service Provider Capital, and a Puerto Rico government grant. Orion’s AI-driven platform translates real-world geopolitical, environmental, and social signals into quantitative risk scores in real time — enabling enterprises to anticipate protests, supply chain disruptions, or natural disasters. The funds will help Orion scale its system across global supply chains and defense networks, offering a scalable and cost-effective intelligence layer for operational resilience.
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