Neuralink Alum’s Precision Neuroscience Raises $250M to Advance Brain-Computer Interfaces
Precision Neuroscience, a brain-computer interface company founded by former Neuralink executives and researchers, has raised $250 million in fresh funding as it works to advance its technology for connecting the human brain with computers.
The company is developing brain-computer interfaces designed to record electrical activity from the brain and translate neural signals into commands for digital devices. Its technology could eventually help people with paralysis communicate, control computers and interact with assistive technologies.
Precision Neuroscience’s key technology is the Layer 7 cortical interface, a thin electrode array designed to sit on the surface of the brain. Unlike some competing systems that use electrodes implanted directly into brain tissue, the company’s approach aims to capture neural signals while limiting disruption to the brain.
The new funding will support the company’s clinical development, technology improvements and efforts to expand the use of its brain-computer interface systems.
The fundraising comes as competition in the BCI industry grows, with companies including Neuralink, Synchron and other startups working to develop practical neural-interface technologies.
While BCIs remain an emerging field, recent advances have increased interest in their potential medical applications. Precision Neuroscience will now focus on expanding clinical testing and improving the reliability and usability of its technology as it moves toward broader regulatory approval.
Spiich Raises €3M to Build AI Agents That Never Touch the Sale Itself
AI startup Spiich has raised €3 million in fresh funding to develop AI agents designed to support sales teams without directly handling the actual sale.
The company is taking a different approach to AI-powered sales automation by keeping human sales professionals at the center of customer interactions. Its AI agents are designed to work behind the scenes, taking care of repetitive and time-consuming tasks that often occupy sales teams.
Spiich’s technology can help with activities such as researching prospects, gathering relevant information, preparing sales materials and supporting workflows. By automating these tasks, the company aims to allow salespeople to spend more time building relationships, understanding customer needs and closing deals.
The €3 million funding will be used to further develop Spiich’s AI agent technology, expand its operations and accelerate growth. The funding comes amid growing interest in AI agents capable of performing multiple tasks with limited human intervention.
However, Spiich is not positioning its agents as replacements for salespeople. Instead, the company is focusing on creating AI systems that operate alongside human teams while leaving critical customer conversations and final decisions to people.
The approach reflects a broader movement toward human-AI collaboration in business. As companies adopt AI across their workflows, startups like Spiich are seeking to automate the work around sales while keeping the sale itself firmly in human hands.
Legora Eyes $8.5B Valuation With $300M Fresh Funding Talks as Legal AI Race Accelerates
Legal AI startup Legora is reportedly in talks to raise $300 million in fresh funding at a valuation of around $8.5 billion, as competition in the legal technology sector continues to intensify.
The potential funding round would represent a major increase in the company’s valuation and provide additional capital for expanding its artificial intelligence platform. Legora develops AI tools designed to help lawyers and legal teams with tasks including legal research, document analysis, contract review and drafting.
Founded in Sweden, Legora has emerged as one of the rapidly growing companies in the legal AI space. Its platform is designed to integrate AI into existing legal workflows, allowing professionals to automate time-consuming tasks while retaining control over important legal decisions.
The new funding discussions come amid increasing investor interest in AI companies targeting professional services. Legal work has become a particularly competitive area for AI developers because lawyers regularly handle large volumes of documents and research-intensive tasks.
Legora is also facing competition from other legal AI companies, including Harvey, as well as technology firms expanding their presence in the sector. These companies are developing increasingly sophisticated tools aimed at law firms and corporate legal departments.
If the deal is completed, the $300 million investment could help Legora accelerate product development, expand into new markets and strengthen its position in the rapidly evolving legal AI industry.
Hubble Network Raises $200M Series C at $1.6B Valuation to Take Bluetooth Connectivity to Space
Hubble Network has raised $200 million in a Series C funding round at a valuation of $1.6 billion, giving the Seattle-based startup fresh capital to expand its satellite-powered Bluetooth connectivity network.
The company is developing technology that allows standard Bluetooth Low Energy devices to communicate directly with satellites without requiring traditional satellite communication hardware. The approach could bring connectivity to devices operating in remote areas where cellular and Wi-Fi networks are unavailable.
Hubble’s technology is designed to work with existing Bluetooth-enabled devices, with compatible products potentially requiring only a software or firmware update to connect to the company’s satellite network.
The technology could have applications across industries including logistics, agriculture, transportation and asset tracking. Vehicles, shipping containers, agricultural equipment and other connected devices could transmit location and sensor information from areas without conventional network coverage.
The latest Series C brings Hubble’s total funding to $300 million and will support the expansion of its satellite infrastructure. The company plans to increase the number of satellites in its low Earth orbit network as it works toward broader global coverage.
Hubble’s approach comes as satellite companies look for ways to connect the billions of devices already using wireless technologies. By combining satellite infrastructure with Bluetooth, the startup aims to make space-based connectivity more accessible and affordable.
The new funding will help Hubble scale its network and move closer to its goal of bringing satellite connectivity to everyday devices.
Modal Labs in Talks to Raise at $15B Valuation, Tripling Its Value in Four Months
AI infrastructure startup Modal Labs is reportedly in talks to raise new funding at a valuation of around $15 billion, potentially tripling its valuation within just four months.
The company previously raised $355 million at a valuation of approximately $4.65 billion. A new round at $15 billion would mark a sharp increase in its value and highlight the growing investor interest in infrastructure companies supporting the expansion of artificial intelligence.
Founded in 2021, Modal Labs provides cloud infrastructure that helps developers and businesses run AI models and applications. Its platform provides access to computing resources, including GPUs, which are increasingly important for training and running advanced AI systems.
Modal has also developed tools that allow developers and AI coding agents to create and execute code in isolated environments. The company is positioning its infrastructure as a way for businesses to deploy AI applications without having to manage complex computing systems themselves.
The reported funding discussions come as demand for AI computing continues to grow. Companies developing AI applications require significant computing capacity for model training, inference and other workloads, creating opportunities for specialized infrastructure providers.
If completed at the reported valuation, the new financing would make Modal one of the most highly valued private AI infrastructure startups. However, discussions are ongoing, and the final valuation and terms could change before a deal is completed.
