Several tech startups — Tensec, Hyro, Moonshot AI, Syntracts, and ChipAgents, among others, have announced new venture capital funding rounds to bolster innovation and business growth.
Tensec Secures $60 Million
Fintech startup Tensec has secured a $60 million credit facility from Upper90 to accelerate its AI-driven cross-border financial services. This strategic investment aims to scale Tensec’s customer base and transaction volumes, enhancing its real-time payment capabilities across 150+ markets. The company’s platform leverages AI to streamline global trade finance for businesses. Founder and CEO Helcio Nobre emphasized that Upper90’s innovative approach to growth capital is pivotal to Tensec’s expansion.
Hyro Raises $45 Million
Hyro, a leading provider of responsible AI agents for healthcare, has raised $45 million in a strategic growth funding round led by Healthier Capital, with participation from Norwest and Define Ventures, as well as other existing investors. The investment will expedite the development of AI agents designed to streamline administrative, operational, and clinical tasks across digital and voice channels. Hyro’s platform is currently deployed at over 45 health systems, including Sutter Health and Tampa General Hospital. Founded in 2018 by Israel Krush and Rom Cohen, Hyro aims to enhance healthcare accessibility and efficiency.
Moonshot AI Secures $10 Million
Moonshot AI, a generative AI platform that transforms websites into self-optimizing entities, has secured $10 million in seed funding. The no-code platform aims to enhance conversions, sales, and revenue by enabling websites to autonomously evolve. The funding round was led by Mighty Capital, with participation from Oceans Ventures, Uncorrelated, Garuda Ventures, and Almaz Capital. This investment supports Moonshot AI’s mission to revolutionize digital experiences through AI-driven website optimization.
Syntracts Raises $5.3 Million
Syntracts, a provider of secure on-premises legal AI infrastructure, has raised $5.3 million in seed funding. The round was led by Hyperplane, with participation from Khosla Ventures, Point72 Ventures, Top Harvest Capital, Fortitude Ventures, and Myriad. Syntracts aims to help legal firms unlock the full value of their data safely and at scale, addressing the need for privacy-first AI solutions in the legal industry. The company was co-founded by Christopher Martin.
ChipAgents Raises $21 Million ChipAgents, an AI platform for chip design and verification, has closed a $21 million Series A funding round, bringing its total funding to $24 million. The round was led by Bessemer Venture Partners, with strategic backing from Micron, MediaTek, and Ericsson. The company has reported a 6,377 percent surge in monthly usage and is deployed at 50 leading semiconductor companies. Founded by Professor William Wang, ChipAgents aims to automate routine tasks and accelerate design and verification processes in chip development.
Thasniya VP
