AI Funding News: Week Ending 08.08

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Welcome to Feed The AI

GPT-5 dropped this week and the internet lost its collective mind.
While everyone was debating whether it can pass the bar and make your latte, the money kept moving.

Here’s your lightning-fast recap of where the funding and M&A cash actually landed in AI this week.

Grab a cold brew ☕, skim the deals, steal the insights, and get back to building the future.

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🔥 Biggest AI Funding Rounds This Week:

» Funding Roundup

• Clay - $100M Series B (CapitalG leads). AI-driven GTM platform for revenue teams.

• Decart - $100M (reported). Real-time AI video platform (“Oasis,” “MirageLSD”), ~$3.1B val.

• Chai Discovery - $70M Series A (Backed by OpenAI, Menlo, DST, Yosemite;). AI drug discovery with wet-lab execution.

• Rillet - $70M Series B (a16z, ICONIQ). AI-native ERP to replace legacy accounting.

• Alaan - $48M Series A (Peak XV). AI finance agents for spend management in MENA.

• METiS Technologies - $55M Series D. AI-driven nano-delivery biotech.

• Pantomath - $30M Series B (General Catalyst). DataOps “AI DRE agents” for enterprise.

This week’s biggest checks went to AI that runs the backbone of business and industry from go-to-market engines (Clay) and ERP reinvention (Rillet), to finance copilots (Alaan), real-time media generation (Decart), biotech breakthroughs (Chai Discovery, METiS), and autonomous data operations (Pantomath).

🗓️ Upcoming Conferences:

• AI4 2025 – August 11–13, 2025 | Las Vegas, NV | More Info
  Focus: Industry AI, Enterprise Solutions

• CDAO Chicago – August 13–14, 2025 | Chicago, IL | More Info
  Focus: Data Analytics, AI Governance

📡 Signals – What This Week Tells Us:

• GPT-5 stole the headlines, but capital didn’t entirely pause. While the launch dominated social feeds, investors still pushed nearly half a billion into everything from agent infra (Tavily, Endex) to vertical AI plays (August, LiORA).

• Agentic stack is getting built in public. Tavily (agent/web infra) + Endex (agent in Excel) show VCs backing tools that drop AI directly into workflows people already live in.

• Back-office AI is minting checks. Rillet (ERP) + Alaan (finance agents) prove investors love AI that replaces slow, expensive ops.

• Vertical AI continues to draw capital. From law (August) to biotech (METiS) to environmental remediation (LiORA), niche use-cases with fast ROI are getting funded.

🦄 Startups to Watch:

• Tavily - $25M Series A (Insight). API for connecting AI agents to the web.

• Endex - $14M Seed (OpenAI Startup Fund). AI agent embedded in Microsoft Excel.

• August - $7M Seed (NEA, Pear). AI copilot for midsize law firms.

• LiORA - $5.1M Seed. AI-driven site remediation and monitoring.

• Xovian Aerospace - $2.5M Pre-Seed. AI-native RF satellite network.

🤝 Mergers & Acquisitions:

No significant AI acquisition deals were announced between Aug 4–8. Investors remained focused on funding rather than buying.

BUT

Did you know Apple has been making acquisitions at the rate of one every several weeks?

Possibly more late-stage activity and strategic tuck-ins as Big Tech keeps pace?

🤖 Beyond The Feed

We rounded up 13 AI Healthcare trends to watch in 2025:

Meme of the week:

IYKYK

📬 Enjoyed the intel?

Forward it to a colleague before they pitch last quarter’s AI trends in Monday’s meeting.

See you next Friday.

Until then: ship fast, raise smart, stay curious.

Feed The AI