AI Funding News: Week Ending 05.16
This week? Infra is hot. Agents are multiplying. And startups are raising across...

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Welcome to Feed The AI,
Your weekly download of what just happened in AI funding, M&A, and market signals.
This week? Infra is hot. Agents are multiplying. And startups are raising across biotech, security, ops, and embedded AI.
🔥 Biggest AI Funding Rounds This Week
» Funding Roundup
TensorWave raised $100M (Series A) to build AMD-powered AI infrastructure.
Toloko raised $72M to Expand Its human-AI data Platform, backed by Bezos Expeditions
Akido raised $60M (Series B) to bring AI into care delivery.
PhaseV raised $50M (Series A) for AI/ML-driven clinical trial development.
Granola raised $43M (Series B) to power an AI notepad for typed + transcribed notes.
🗓️ Upcoming Conferences
AI for Defense Transformation AI for Defense Transformation is the leading US conference for military, government, VC, and industry decision makers implementing AI technology.
| Upper Bound AI This event offers real-world insights through panels, interactive workshops, and dynamic presentations.
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📡 Signals – What This Week Tells Us
AI in Biotech Keeps Climbing: With rounds for PhaseV, Pluto Bio, Somite AI, Fieldstone Bio, and Intrepid Labs, AI-powered drug discovery and bioinformatics continue to draw capital.
Agentic Everything: From Adopt AI and Forethought to StackAI and Persona AI, funding for agent-driven platforms is heating up. As complexity rises, orchestration and coordination become investable categories.
Specialized Applications > General Platforms: Many of this week’s raises are verticalized plays: legal ops (Plexus), hospitality (Hostie), real estate (Algoma), logistics (Axe), and food robotics (Posha).
🦄 Startups to Watch
Adopt AI raised $6M to bring agentic AI into enterprise ops.
Fieldstone Bio raised $5M to scale AI-powered biosensors for environmental detection.
Pluto Bio raised $3.6M for AI-first computational biology.
Egune AI raised $3.5M out of Mongolia to develop foundation models.
Kovr.ai raised $3.6M to automate AI-era cyber compliance.
Algoma raised $2.3M for an AI-native real estate dev platform.
ThriveAI raised $1.2M to build an AI-powered junior product manager.
🤖 Beyond The Feed
We break down why optimizing the experience of your AI agents will be just as crucial as optimizing UX.
Did you know? There’s a Lean AI Leaderboard. Tracking lean AI native companies and how close they are to a “1-person” billion-dollar startup.
Till next week,