Twenty, an AI-powered cybersecurity firm serving US military operations, raised $100 million in Series B funding led by Accel Partners. The company now carries a $1 billion valuation.
Twenty develops artificial intelligence tools designed to assist US military hackers in penetrating adversary computer networks. The startup distinguishes itself through explicit focus on offensive cyber capabilities—an uncommon market position for venture-backed firms.
Accel Partners led the funding round, backing the company's expansion in defense technology. Twenty joins a small cohort of startups openly marketing offensive cyber tools to government clients.
The company operates within the US defense contracting space, where demand for advanced cyber warfare capabilities continues rising amid geopolitical tensions. Twenty's AI platform aims to automate and enhance penetration testing and network exploitation techniques used by military cyber units.
The $1 billion valuation reflects investor confidence in defense technology markets, particularly as military organizations prioritize cyber operations and AI-driven security tools. Twenty's funding round occurs amid broader venture capital interest in defense-focused startups addressing modernization priorities within the Department of Defense.
Dutch nanoimprint lithography startup Morphotonics secured €40 million in funding from 3M Ventures, the EIC Fund, and other investors. The company plans to use the capital to expand into optical components for data centers.
Legal tech startup Legora is in talks for a new funding round that would value the company at approximately $8.5 billion. The round represents significant growth for the emerging legal technology platform.
Chamelio secured $26M in Series A funding to expand its AI platform designed to automate routine legal tasks while routing complex cases to human lawyers. Entrée Capital backed the round.
Snorkel AI, a data startup offering an "agentic data development platform," secured $350 million in funding at a $3.5 billion valuation, according to CEO Alex Ratner.