Several tech startups — Upscale AI, Mozark, Freestyle, Quince, among others, have announced their venture capital funding to bolster innovation and business growth.
Upscale AI Raises $200 mn
Upscale AI, a startup developing AI-native networking infrastructure for large-scale data centers, secured $200 million in Series A financing led by Tiger Global. The company focuses on building open, interoperable Ethernet networking systems powered by NVIDIA Spectrum-X switch silicon and AI-optimized SONiC networking software. The funding will support development of high-performance networking platforms designed for heterogeneous AI compute clusters, enabling scalable infrastructure for AI training and inference workloads. Strategically, the investment accelerates the deployment of open AI networking architectures that reduce operational complexity in hyperscale environments. The company aims to become a key infrastructure provider for next-generation AI data center networks.
Mozark Raises $40 mn
Digital experience testing company Mozark, founded by Amresh Singh, raised $40 million in Series B funding to expand its AI-powered platform that tests mobile apps and digital services in real-world environments. The round was led by Sierra Ventures, with participation from Eight Roads Ventures and existing investors. Mozark’s technology uses AI-driven automation and global device networks to help enterprises evaluate performance, usability, and reliability of digital applications across multiple regions and network conditions. The funding will accelerate international expansion, product development, and enterprise adoption. Strategically, the partnership highlights increasing venture investment in AI-based digital quality engineering tools supporting global digital product deployment.
Freestyle Secures $10 mn
Consumer technology platform Freestyle raised $10 million in Series A financing led by Silas Capital, with additional participation from strategic investors supporting retail technology innovation. The company develops digital infrastructure that enables brands to manage omnichannel retail operations, inventory optimization, and customer engagement across e-commerce platforms. The new capital will be used to accelerate technology development, expand partnerships with digital retailers, and scale data analytics capabilities supporting brand growth. Strategically, the investment demonstrates venture capital interest in technology platforms that modernize retail operations through automation, analytics, and integrated digital commerce solutions.
Quince Raises $500 mn
Direct-to-consumer technology platform Quince, founded by Sidharth Sridhar, raised $500 million in Series E funding, reaching a $10.1 billion valuation. The funding round was supported by major venture investors focused on scaling the company’s manufacturer-to-consumer commerce platform, which uses technology and supply-chain data systems to eliminate intermediaries in retail distribution. The capital will help expand global manufacturing partnerships, enhance logistics technology, and improve its digital commerce platform. Strategically, the investment reinforces venture confidence in technology-enabled supply chain models that reduce costs and improve transparency between manufacturers and consumers in the global e-commerce ecosystem.
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