Top Startup and Tech Funding News – February 4, 2025

It’s Wednesday, February 4, 2026, and we’re back with today’s top startup and tech funding news. Today’s deals spotlight a surge of investor interest in adaptive AI architectures, AI-optimized semiconductor infrastructure, and autonomous systems for heavy industry. As the race for compute efficiency and enterprise automation intensifies, VCs and strategics are backing companies poised to reshape the foundations of AI, robotics, and software deployment.

Notable early and mid-stage rounds focused on fintech infrastructure, blockchain intelligence, and AI agents for credit analysis. EnFi raised $15 million to bring virtual credit analysts to regional banks, while TRM Labs secured $70 million to enhance crypto crime-fighting capabilities. Adaption Labs launched with $50 million to build continuously learning AI models, and beHuman raised $4 million to expand AI-driven cancer screening access in underserved regions.

Late-stage funding poured into semiconductors, infrastructure, and voice AI platforms. Cerebras Systems locked in a $1 billion round to scale its wafer-scale AI chips, and ElevenLabs raised $500 million to expand into multimodal agent capabilities. Bedrock Robotics closed $270 million to bring autonomous fleets to construction sites, while Lunar Energy secured $232 million across two rounds to scale its virtual power plant-enabled home batteries.

Tech Funding News

Funding Highlights

• Cerebras Systems raises $1B late-stage round to scale AI chip infrastructure
• ElevenLabs raises $500M Series D to expand beyond voice into multimodal AI agents
• Bedrock Robotics raises $270M Series B to deploy autonomous construction fleets
• Lunar Energy secures $232M Series C and D to scale home battery grid platform
• Positron raises $230M Series B to ramp production of AI inference chips
• TRM Labs raises $70M Series C to fight financial crime in crypto ecosystems
• Adaption Labs launches with $50M seed to build continuously adaptive AI models
• EnFi raises $15M Series A to scale AI credit analysts for regional banks
• SynthBee raises $80M Series A for collaborative intelligence AI platform
• beHuman raises $4M seed to expand AI-based early cancer detection

Investor Activity

Today’s funding rounds attracted deep-pocketed crossover firms, big tech corporate arms, and top-tier venture funds doubling down on AI infrastructure, fintech automation, and applied autonomy. Strategic participants included Tiger Global, Sequoia, and Benchmark, alongside new and returning backers betting on platforms that streamline intelligence, diagnostics, and large-scale system coordination. Here’s the full breakdown of February 4’s most significant startup and tech fundings.

beHuman Raises $4M in Seed Funding for AI-Powered Cancer Detection

Miami-based beHuman builds an AI-driven platform for earlier cancer detection, focusing on underserved and rural patient populations. The startup integrates AI, virtual care, and diagnostics to automate workflows and improve screening rates. Today, beHuman announced it has raised $4 million in seed funding, led by Santé Ventures and including DHVP.io.

This round will help the company expand into additional states and enhance its diagnostic pipeline to catch cancers sooner while working with insurance networks.

• Startup: beHuman

• Investors: Santé Ventures (lead); DHVP.io

• Amount Raised: $4 M

• Total Raised: $4 M

• Funding Stage: Seed

• Funding Date: Feb 4, 2026

SynthBee Raises $100M in Series A Funding for Collaborative AI Platform

SynthBee, a Fort Lauderdale startup founded by Rony Abovitz, develops a “Collaborative Intelligence” (CI) AI platform to accelerate product and manufacturing innovation across industries. The company announced it has closed $100 million in total funding, including an $80 million round led by Crosspoint Capital Partners. SynthBee’s CI platform helps businesses solve complex design and engineering challenges with human-compatible AI.

The new funding will be used to advance the CI technology, expand into key verticals (such as medtech, aerospace, and automotive), and recruit engineering talent.

• Startup: SynthBee

• Investors: Crosspoint Capital Partners (lead)

• Amount Raised: $80 M (new)

• Total Raised: $100 M

• Funding Stage: Series A

• Funding Date: Feb 4, 2026

Positron Raises $230M in Series B Funding for High-Speed AI Chips

Positron, a semiconductor startup based in Reno, Nevada, makes high-speed memory chips optimized for AI inference workloads. The company announced it has secured $230 million in a Series B round (valuing it at about $1 billion) to accelerate the deployment of its chips for AI data centers.

The round was co-led by Arena Private Wealth, Jump Trading, and strategic firm Unless, with Qatar Investment Authority also participating. Positron’s first-generation “Atlas” inference chip can match the performance of Nvidia’s H100 GPU at one-third the power. The funding will help Positron scale production as hyperscalers and AI firms seek alternatives to Nvidia’s chips amid surging demand.

• Startup: Positron

• Investors: Arena Private Wealth; Jump Trading; Unless (co-leads); Qatar Investment Authority (strategic)

• Amount Raised: $230 M

• Total Raised: ~$305 M (to date)

• Funding Stage: Series B

• Funding Date: Feb 4, 2026

EnFi Raises $15M in Series A Funding for AI Credit Analyst Agents

Boston-based fintech EnFi offers AI-driven virtual credit analysts to help regional and community banks process more loan applications. Smaller banks often struggle to fill credit analyst roles, and EnFi’s agents automate credit review and decisioning processes.

The startup said it is raising $15 million in a new round led by Fintop, with participation from Patriot Financial Partners, Commerce Ventures, Unusual Ventures, and Boston Seed Capital. This round brings EnFi’s total funding to $22.5 million and will expand the deployment of its AI agents across its network of bank customers.

• Startup: EnFi

• Investors: Fintop (lead); Patriot Financial Partners; Commerce Ventures; Unusual Ventures; Boston Seed Capital

• Amount Raised: $15 M

• Total Raised: $22.5 M

• Funding Stage: Series A

• Funding Date: Feb 4, 2026

Bedrock Robotics Raises $270M in Series B Funding for Autonomous Construction Equipment

Bedrock Robotics builds retrofit kits that turn heavy construction machinery (like excavators) into autonomous, coordinated fleets. The company raised $270 million in a Series B round to expand beyond single-machine deployments and target fully operatorless excavator operations in 2026. The round was co-led by CapitalG (Google’s growth fund) and the Valor Atreides AI Fund, with participation from NVentures, Eclipse, 8VC, Emergence Capital, Xora, Tishman Speyer, and others.

This brings Bedrock’s total funding to over $350 million. The funding will support product development and large-scale field deployments as contractors face labor shortages, allowing multiple machines to operate as a connected system to boost efficiency and safety.

• Startup: Bedrock Robotics

• Investors: CapitalG; Valor Atreides AI Fund (co-leads); NVentures; Eclipse; 8VC; Emergence Capital; Xora; Tishman Speyer

• Amount Raised: $270 M

• Total Raised: $350 M+

• Funding Stage: Series B

• Funding Date: Feb 4, 2026

Cerebras Systems Raises $1B Late-Stage Round for AI Supercomputer Chips

Cerebras Systems, a California-based chipmaker, designs massive wafer-scale processors for AI model training and inference. The startup said it has raised $1 billion in late-stage financing, valuing the company at $23.1 billion. Tiger Global led the round, with Benchmark, Coatue, and 1789 Capital joining.

This is Cerebras’s second billion-dollar round in six months, reflecting strong demand from cloud and AI players for alternatives to Nvidia. Cerebras’ chips are used to speed up large AI model workloads in data centers, and the new capital will bolster its growth as it competes with Nvidia and AMD in the AI infrastructure market.

• Startup: Cerebras Systems

• Investors: Tiger Global (lead); Benchmark; Coatue; 1789 Capital

• Amount Raised: $1 B

• Total Raised: ≈$2 B (to date)

• Funding Stage: Late-stage

• Funding Date: Feb 4, 2026

TRM Labs Raises $70M in Series C Funding for Crypto Crime-Fighting Analytics

San Francisco-based TRM Labs provides blockchain analytics software used by law enforcement and businesses to detect illicit crypto transactions. The company announced a $70 million Series C round led by its seed investor, Blockchain Capital, with additional funding from Goldman Sachs, Bessemer Venture Partners, Brevan Howard, Thoma Bravo, and Citi Ventures.

The new round values TRM Labs at $1 billion. TRM plans to use the funding to scale its blockchain investigation platform, which tracks transactions across multiple cryptocurrencies and has seen surging demand as AI-enabled fraud and money laundering evolve.

• Startup: TRM Labs

• Investors: Blockchain Capital (lead); Goldman Sachs; Bessemer Venture Partners; Brevan Howard; Thoma Bravo; Citi Ventures

• Amount Raised: $70 M

• Total Raised: ~$150 M

• Funding Stage: Series C

• Funding Date: Feb 4, 2026

ElevenLabs Raises $500M in Series D Funding for Voice AI Platform

ElevenLabs, a leading voice AI provider, raised $500 million in a Series D round led by Sequoia Capital at an $11 billion valuation. Existing backers Andreessen Horowitz and Iconiq also substantially increased their investments, and new investors included Lightspeed Venture Partners, Evantic Capital, and Bond.

With this round, ElevenLabs has raised over $781 million to date. The company will use the funds to expand beyond voice, developing multimodal AI agents that can converse, type, and take action (including adding video content capabilities).

• Startup: ElevenLabs

• Investors: Sequoia Capital (lead); Andreessen Horowitz; Iconiq (initial lead); Lightspeed Venture Partners; Evantic Capital; Bond

• Amount Raised: $500 M

• Total Raised: $781 M

• Funding Stage: Series D

• Funding Date: Feb 4, 2026

Adaption Labs Raises $50M in Seed Funding for Adaptive AI Models

Adaption Labs, co-founded by former Cohere VP Sara Hooker and Sudip Roy, develops AI models that can learn and adapt continuously to new tasks without costly retraining. The San Francisco startup raised $50 million in a seed round led by Emergence Capital Partners. Other participants include Mozilla Ventures, Fifty Years, Threshold Ventures, Alpha Intelligence Capital, E14 Fund, and Neo.

Adaption Labs will use this funding to advance its research into “adaptive” AI architectures that use less compute and can update on the fly, betting against the trend of ever-larger static models.

• Startup: Adaption Labs

• Investors: Emergence Capital Partners (lead); Mozilla Ventures; Fifty Years; Threshold Ventures; Alpha Intelligence Capital; E14 Fund; Neo

• Amount Raised: $50 M

• Total Raised: $50 M

• Funding Stage: Seed

• Funding Date: Feb 4, 2026

Lunar Energy Raises $232M Series C & D to Expand Home Battery Grid

Lunar Energy, a residential energy storage startup, raised a combined $232 million across two new rounds (a previously unannounced $130 million Series C and a $102 million Series D) to scale its home battery systems. Lunar’s wall-mounted battery packs form virtual power plants (VPPs) to supply power back to the grid during peak demand.

The company plans to ramp up manufacturing from 20,000 units this year to 100,000 units by 2028. With over $500 million raised to date, Lunar will use the funding to accelerate the production and deployment of its VPP-enabled home batteries in new markets.

• Startup: Lunar Energy

• Investors: Activate Capital (Series C lead); B Capital (Series D lead); Prelude Ventures (Series D lead)

• Amount Raised: $232 M (Series C&D)

• Total Raised: >$500 M

• Funding Stage: Series C & D

• Funding Date: Feb 4, 2026

Tech Funding Summary Table (Feb 4, 2026)