Top Startup and Tech Funding News – July 21, 2025

It’s Monday, July 21, 2025. Hope you had a restful weekend. We’re kicking off the week with a wave of startup and tech funding news from across the globe. Today’s lineup is a clear signal that investors are doubling down on agentic AI, deep automation, and next-gen platforms designed to reshape how we work, build, and govern.

From humanoid robotics and AI-powered estate planning to defense logistics and Medicaid enrollment, this batch of deals highlights strong momentum in both enterprise infrastructure and mission-driven innovation. Whether it’s reimagining military supply chains, transforming wealth transfer, or making solar energy accessible through subscriptions, founders are tapping into real pain points — and investors are taking notice.

Funding Highlights

Swedish AI startup Lovable grabbed the spotlight with a massive $200 million Series A to democratize software creation through “vibe coding.” Meanwhile, Xelix raised $160 million to automate finance ops for enterprises, and China’s EngineAI secured $139 million to accelerate the development of its general-purpose humanoids. In Europe, Sunsave landed $147 million to scale its solar-as-a-service model, while in the U.S., Rune Technologies and Fortuna Health scored big wins in defense tech and healthtech, respectively.

Investor Activity

Andreessen Horowitz, Accel, Insight Partners, and Acrew Capital were all active today, backing AI-native platforms across healthcare, defense, and consumer tech. Strategic capital also flowed from Charles Schwab, Edward Jones, JD.com, and Crédit Agricole — signaling growing institutional confidence in applied AI, automation, and energy innovation.

Today’s rounds span North America, Europe, Africa, and Asia, covering funding stages from pre-seed all the way to late-stage growth. Whether it’s AI copilots replacing gut instincts or rockets being built in Ahmedabad, the global tech ecosystem is pushing full speed into the next wave of infrastructure.

Here’s the full breakdown of who raised, how much, from whom, and what it means.

Chinese Robotics Startup EngineAI Raises $139M in Funding to Advance Humanoid Robot Development

Shenzhen-based EngineAI has raised roughly 1 billion yuan (about $139 million) across two tranches of Series A funding to accelerate its development of general-purpose humanoid robots. Founded in 2022, the startup is building advanced humanoids powered by its proprietary SEED multimodal AI model, which combines vision, audio, and sensor data to perform complex tasks in dynamic environments.

The fresh capital will support EngineAI‘s research and development, enhance integration of AI and hardware, and fuel expansion into industries like manufacturing, logistics, and healthcare. This major investment – featuring both venture and strategic backers – positions EngineAI to push the frontier of robotics and expand globally.

Funding Details:

• Startup: EngineAI
• Investors: Rocket Capital (lead, pre-Series A++), XPeng, JD.com (lead, Series A1), CATL Capital, Yintai Holdings, Tsinghua Holdings Capital, with existing backers including SenseCapital, Highlight Capital, HongShan, 5Y Capital, Baidu Ventures
• Amount Raised: $139 million
• Total Raised: $166 million
• Funding Stage: Series A (multiple tranches)
• Funding Date: July 21, 2025

Lovable Raises $200M in Series A Funding for AI “Vibe Coding” Platform

Lovable, a Stockholm-based AI startup, has secured a massive $200 million Series A round, catapulting it to unicorn status with a $1.8 billion valuation. The eight-month-old company’s “vibe coding” platform aims to make software creation accessible to everyone, even those without traditional programming skills.

Co-founded in 2023 by Anton Osika and Fabian Hedin, Lovable has struck a chord with both non-technical creators and professional developers. Its platform lets users start by typing an idea into a chat interface. From there, the AI takes over—generating backend code, connecting integrations, and shaping out a working product. Think “describe an app idea” and get a working build in return.

With this funding, led by top-tier investors, Lovable plans to expand its operations and continue developing its AI-driven coding assistant, empowering more users globally to turn ideas into software.

Funding Details:

• Startup: Lovable
• Investors: Accel (lead), 20VC, byFounders, Creandum, Hummingbird Ventures, Visionaries Club
• Amount Raised: $200 million
• Total Raised: $224 million
• Funding Stage: Series A
• Funding Date: July 21, 2025

Xelix Raises $160M in Series B Funding to Automate Accounts Payable with AI

Xelix, a London-based fintech startup, secured $160 million in a Series B round to accelerate adoption of its AI platform for accounts payable automation. Xelix’s software plugs into enterprise finance systems to detect payment errors and fraud, automate invoice reconciliations, and streamline back-office operations.

Used by global companies to audit over $750 billion in spending annually, the agentic AI solution delivers cost savings and efficiency across finance departments. The new capital will fuel further platform development and help more organizations embrace AI in their finance workflows.

Funding Details:

• Startup: Xelix
• Investors: Insight Partners (lead), Passion Capital, LocalGlobe
• Amount Raised: $160 million
• Total Raised: ~$165 million
• Funding Stage: Series B
• Funding Date: July 21, 2025

Sunsave Raises £113M in Series A Funding to Scale Solar Subscription Service

Sunsave, a London-based startup offering a subscription model for home solar energy, has secured £113 million (~$147 million) in new financing to make rooftop solar more accessible. The raise includes £13 million in Series A equity co-led by Norrsken VC and IPGL, alongside a £100 million debt facility from Crédit Agricole CIB to fund solar installations.

Sunsave’s model lets homeowners adopt solar panels with no upfront cost, paying a monthly subscription for the energy savings. The fresh funds will allow Sunsave to scale its operations across the UK, install more solar systems, and help more households reduce energy bills and carbon footprints.

Funding Details:

• Startup: Sunsave
• Investors: Norrsken VC, IPGL (co-leads equity), plus a £100 million debt facility from Crédit Agricole CIB
• Amount Raised: £113 million (approximately $147 million)
• Total Raised: £113 million (equity + debt)
• Funding Stage: Series A (with debt financing)
• Funding Date: July 21, 2025

Eton Solutions Lands $58M in Series C Funding to Expand AI Wealth Management Tech

Eton Solutions, a wealth management technology provider based in North Carolina and Singapore, raised $58 million in a Series C round to bring AI-driven efficiencies to family offices and investment firms. The company’s flagship platform, AtlasFive, helps ultra-high-net-worth family offices automate and integrate their operations – from managing complex portfolios to handling fund administration – using a data-rich foundation of over 400 AI use cases.

Eton Solutions has seen rapid growth, with its platform now overseeing over $1 trillion in client assets across 15+ countries. The new funding will support further product innovation, expansion into new markets, and development of AI features tailored to private wealth management.

Funding Details:

• Startup: Eton Solutions
• Investors: Navis Capital Partners (lead)
• Amount Raised: $58 million
• Total Raised: Not disclosed
• Funding Stage: Series C
• Funding Date: July 21, 2025

Rune Technologies Closes $24M in Series A Funding to Modernize Military Logistics

Rune Technologies, an Arlington, VA-based defense tech startup, raised $24 million in Series A funding to modernize military logistics with artificial intelligence. Founded by U.S. military veterans, Rune has developed TyrOS, an AI-enabled predictive logistics platform that can operate even in contested, communication-denied environments.

By turning manual supply-chain processes into intelligent “supply webs,” TyrOS helps military units anticipate needs, optimize resources, and maintain operational tempo without constant connectivity. The new funding – led by Human Capital with participation from defense-focused investors – will allow Rune to accelerate deployment of TyrOS across the U.S. Army, Marine Corps, and other military branches, enhancing the armed forces’ supply capabilities.

Funding Details:

• Startup: Rune Technologies
• Investors: Human Capital (lead), Pax VC, Washington Harbour Partners, with existing backers including Andreessen Horowitz, Point72 Ventures, XYZ Venture Capital, and Forward Deployed VC
• Amount Raised: $24 million
• Total Raised: Over $30 million
• Funding Stage: Series A
• Funding Date: July 21, 2025

Alix Secures $20M in Series A Funding to Transform Estate Settlement with AI

Alix, a San Francisco-based fintech startup, announced a $20 million Series A round to scale its AI-powered estate settlement platform. Billed as the first automated wealth transfer solution, Alix guides families and executors through the complex process of settling an estate after a loved one’s passing.

The platform combines artificial intelligence with empathetic human experts to streamline tasks that typically take many months – identifying assets, cutting through bureaucracy, and distributing inheritances with speed and precision. With the new funding led by Acrew Capital and joined by strategic investors, Alix plans to accelerate product development, integrate with more financial partners, and reach more families navigating the $124 trillion intergenerational wealth transfer underway.

Funding Details:

Startup: Alix
Investors: Acrew Capital (lead), Charles Schwab, Edward Jones Ventures, with existing backers including Initialized Capital, Scribble, Magnify, Ziegler Link∙age Funds, and Cameron Ventures
Amount Raised: $20 million
Total Raised: $30.65 million
Funding Stage: Series A
Funding Date: July 21, 2025

Fortuna Health Raises $18M in Series A Funding to Simplify Medicaid Enrollment

Fortuna Health, a New York City-based healthtech startup, raised $18 million in Series A funding to expand its platform that helps consumers navigate Medicaid and government health benefits. Fortuna’s intelligent, multilingual system guides patients through enrollment and renewal processes for programs like Medicaid, using automation and live navigators to ensure people stay covered.

By integrating with data sources and offering personalized support, the platform has helped reduce coverage churn by around 15%, keeping more vulnerable individuals continuously insured.

The fresh capital, led by Andreessen Horowitz with participation from Y Combinator and prominent healthtech founders, will fuel development of AI-driven features, adaptation to new policy requirements, and growth of Fortuna’s user base via partnerships with health plans and hospital systems.

Funding Details:

• Startup: Fortuna Health
• Investors: Andreessen Horowitz (lead), Y Combinator, with angel backers from Abridge, DoorDash, Hex, One Medical, Oscar Health, Scale, and Vanta
• Amount Raised: $18 million
• Total Raised: ~$22 million
• Funding Stage: Series A
• Funding Date: July 21, 2025

Rwazi Scores $12M in Series A Funding to Replace ‘Gut Decisions’ with AI Insights

Rwazi, a Los Angeles-based data intelligence startup, raised $12 million in Series A funding to help companies replace gut-driven decisions with real-time AI insights. Co-founded by African entrepreneurs, Rwazi’s platform crowdsources live consumer activity data at massive scale, then uses a proprietary AI “copilot” to detect market shifts, simulate business outcomes, and recommend next actions.

Enterprises using Rwazi gain early visibility into changing customer demand and can act with speed and confidence instead of relying on instinct. With this new funding – led by Bonfire Ventures and joined by other venture backers – Rwazi plans to deepen its simulation engine, expand its global data reach, and onboard more clients seeking to accelerate data-driven decision-making in fast-changing markets.

Funding Details:

• Startup: Rwazi
• Investors: Bonfire Ventures (lead), Santa Barbara Ventures, Newfund, Alumni Ventures
• Amount Raised: $12 million
• Total Raised: $16 million
• Funding Stage: Series A
• Funding Date: July 21, 2025

ORA Technologies Raises $7.5M Series A to Expand Moroccan Super App

ORA Technologies, a Casablanca-based startup building Morocco’s first super-app, closed a $7.5 million Series A round to grow its digital wallet and on-demand services platform. ORA’s mobile app integrates peer-to-peer payments, e-commerce deliveries, and other daily services into one seamless user experience, aiming to revolutionize how Moroccans transact and access services.

The Series A funding was led by the Azur Innovation Fund and joined by several strategic local investors. The fresh capital infusion will enable ORA to scale its operations, enhance its technology, and acquire more users and merchants. With this expansion, ORA is poised to become a go-to digital platform for everything from money transfers to food delivery in the Moroccan market.

Funding Details:

• Startup: ORA Technologies
• Investors: Azur Innovation Fund (lead) and three additional Moroccan investors (undisclosed strategic backers)
• Amount Raised: $7.5 million
• Total Raised: $11.9 million
• Funding Stage: Series A
• Funding Date: July 21, 2025

EduFund Bags $6M in Series A Funding to Boost AI-Based Education Planning

EduFund, an Indian fintech platform for education planning and financing, has raised $6 million in a Series A round to enhance its offerings and expand its reach. Founded in 2020 by Eela Dubey and Arindam Sengupta, EduFund helps families save and pay for education – from a child’s early schooling to higher studies – by providing tailored investment plans, education loans, and counseling through a single app.

The company leverages a personalized AI-driven advisory engine and partners with dozens of financial institutions to offer optimal funding solutions. The new investment, led by Cercano Management and MassMutual Ventures, will be used to strengthen EduFund’s AI recommendation system, broaden its loan products for students, and extend its services into India’s tier-II and tier-III cities, making educational aspirations more achievable for millions of families.

Funding Details:

• Startup: EduFund
• Investors: Cercano Management (lead), MassMutual Ventures
• Amount Raised: $6 million
• Total Raised: Not disclosed
• Funding Stage: Series A
• Funding Date: July 21, 2025

Hudle Gets $2.5M is Series A Funding to Grow Sports Community Platform

Hudle, a New Delhi-based sports community startup, has raised $2.5 million in Series A funding to expand its network and enhance its app for recreational athletes. Hudle’s platform allows users to easily book sports venues, join local matches, and track their performance, with a focus on fast-growing sports like pickleball and padel. The service currently facilitates over 100,000 games per month across more than 2,000 courts in 60 cities. With the new funding – led by Sky Impact Capital and joined by other investors and sports personalities – Hudle will invest in product innovations (including a national amateur ranking system) and broaden its reach, aiming to make playing sports as easy as a casual outing for India’s youth.

Funding Details:

• Startup: Hudle
• Investors: Sky Impact Capital (lead), Physis Capital, Atrium Venture; angel investors including tennis champion Mahesh Bhupathi, TV presenter Gaurav Kapur, and the founders of Blue Tokai and Nitro Commerce
• Amount Raised: $2.5 million
• Total Raised: Not disclosed
• Funding Stage: Series A
• Funding Date: July 21, 2025

Plenome Raises ₹6.5 Cr Seed Funding to Advance Blockchain-AI Solutions

Plenome Technologies, an IIT Madras-incubated deeptech startup, raised ₹6.5 crore (approximately $800,000) in seed funding to advance its blockchain and AI solutions for secure data management. Plenome is developing platforms for sensitive sectors like healthcare and governance – including “BlockTrack OrganEase,” which manages organ donation registries, and “BlockVote,” a mobile voting system enabling remote elections. It is also piloting an AI-powered electronic data capture platform called Ashwin to digitize and analyze medical records in specialties such as dentistry and ophthalmology. The seed round, led by Luxembourg-based Ovington Capital Partners with participation from the UAE’s AADI and angel investor Manish Gandhi, will help Plenome refine these technologies and pursue partnerships to deploy them at scale in both India and international markets.

Funding Details:

• Startup: Plenome Technologies
• Investors: Ovington Capital Partners (lead), AADI (UAE-based), and Manish Gandhi (angel investor)
• Amount Raised: ₹6.5 crore (about $800,000)
• Total Raised: ₹6.5 crore
• Funding Stage: Seed
• Funding Date: July 21, 2025

ANNY Secures $1.5M in Pre-Series A Funding to Scale Fashion-Tech Brand

ANNY, a fashion-tech startup based in India, has secured $1.15  million (₹10 crore) in a pre-Series A funding round to accelerate its growth in the affordable luxury segment. Launched in 2023, ANNY offers a wide range of stylish apparel designed for modern Indian women, using a technology-driven, inventory-light model to quickly bring global fashion trends to market at accessible prices. The new capital, led by Atomic Capital, will be used to broaden ANNY’s product range, enhance its technology platform, recruit experienced leadership, and expand its distribution network. With this infusion, ANNY aims to rapidly scale toward becoming a ₹100 crore annual revenue brand while continuing to deliver timely, trend-driven collections to its customers.

Funding Details:

• Startup: ANNY
• Investors: Atomic Capital (lead)
• Amount Raised: ₹10 crore (approximately $1.15 million)
• Total Raised: $1.15  million (₹10 crore)
• Funding Stage: Pre-Series A
  Funding Date: July 21, 2025

Omspace Rocket Secures $3M in Pre-Seed Funding to Build Reusable Launch Vehicles

Omspace Rocket and Exploration, an Ahmedabad-based space-tech startup, has raised $3 million in a pre-seed round to develop its reusable launch vehicles for small satellites. Founded in 2020 by a team of young aerospace engineers, Omspace is building a rocket called Infinity One aimed at carrying payloads of a few hundred kilograms to low Earth orbit in a cost-effective, fuel-efficient manner.

With this initial funding – provided by a family office and an angel investor – the company will complete and begin testing its Infinity One prototype, hire specialized talent, and strengthen its R&D and manufacturing infrastructure. Omspace’s mission is to democratize access to space from India, and it is targeting its first commercial launch by January 2028.

Funding Details:

• Startup: Omspace Rocket and Exploration
• Investors: Undisclosed family office and an angel investor
• Amount Raised: $3 million
• Total Raised: $3 million
• Funding Stage: Pre-seed
• Funding Date: July 21, 2025

Funding Summary Table: