ENVEDA LANDS $311M FOR NATURE-BASED AI DRUG TRIALS
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Enveda Therapeutics raised $311 million in funding, bringing the AI biotech company's valuation to $2 billion. The capital will accelerate clinical trials for drugs derived from natural compounds.
■ MORE FROM THE STARTUPS DESK
Modal Labs and Baseten, two platforms enabling businesses to run AI models, are in advanced funding talks that would significantly boost their valuations. The rounds reflect growing investor appetite for AI infrastructure services.
Ema, an AI agent platform automating corporate processes in HR, IT, and finance, secured $77 million in Series B funding led by Creaegis. The round brings the startup's total funding to $140 million.
Portuguese surveillance drone maker Tekever secured $580 million in funding led by UC Investments, reaching a $6.4 billion valuation. The raise follows a major £400 million, 10-year contract with UK Ministry of Defence.
Bessemer Venture Partners announced $5.75 billion in new funding, with $4 billion allocated to growth-stage investments and $1.75 billion for early-stage companies. The capital deployment signals the firm's strategic pivot toward later-stage startups.