Top Startup and Tech Funding News – March 10, 2025

It’s Tuesday, March 10, 2026, and we’re back with today’s top startup and tech funding news. Today’s rounds highlight growing investor intensity around next-generation AI infrastructure, autonomous security, and foundational tools for enterprise resilience. From hyperscale AI compute and legal automation to cross-border commerce and MSP data recovery, today’s deals showcase a deep push into systems that enable autonomy, scale, and global reach.

Major seed and Series A raises underscore bold early bets on agentic cybersecurity, AI-native networking, and legal reasoning engines, while strategic partnerships are accelerating access to supercomputing for world-model research. In parallel, enterprise SaaS and fintech infrastructure are attracting capital to streamline compliance, data protection, and digital experience quality. Today’s funding signals a shift in conviction toward durable infrastructure powering the next wave of AI and enterprise operations.

Tech Funding News

Funding Highlights

• AMI Labs raises $1.03B seed to pioneer world-model AI systems
• Legora raises $550M Series D to expand AI in legal operations
• Thinking Machines secures Nvidia partnership for 1GW AI supercomputing
• Eridu raises $200M+ Series A to build AI-native data center networks
• Armadin raises $190M to automate cybersecurity with AI agents
• Kai raises $125M seed+Series A to unify enterprise security with AI
• Slide raises $70M Series B to modernize MSP data backup and recovery
• Jazz raises $61M to apply AI to data loss prevention
• Mozark raises $40M Series B to scale digital experience testing
• Outpost raises $17.5M Series A to simplify cross-border e-commerce

Investor Activity

Today’s rounds drew capital from top-tier venture and corporate investors backing foundational AI and enterprise platforms. Andreessen Horowitz, Accel, and Benchmark participated in bets on legal and cybersecurity automation, while Nvidia deepened its role as both chip supplier and strategic partner. General Catalyst, Ribbit Capital, and Team8 concentrated on digital infrastructure spanning data protection, compliance, and global commerce. Across sectors, capital is consolidating around platforms that promise AI-native automation, hyperscale readiness, and cross-border operability.

AMI Labs Raises $1.03B in Seed Funding to Pioneer World-Model AI Systems

Advanced Machine Intelligence Labs (AMI Labs), founded by renowned AI pioneer Yann LeCun, has secured a massive $1.03 billion seed funding round at a $3.5 billion valuation. AMI Labs is developing “world-model” AI architectures that enable machines to reason and plan using an understanding of physical reality, moving beyond today’s prediction-based language models. The unprecedented early-stage raise reflects strong investor confidence in LeCun’s vision that next-generation AI will require a deeper grasp of the real world to achieve human-like intelligence.

AMI Labs intends to target complex domains like manufacturing, robotics, and aerospace, where AI systems must exhibit common sense and adaptive problem-solving. This outsized seed round instantly positions AMI Labs among the best-funded AI startups of the year, underscoring a broadening race to advance AI beyond text-based chatbots into real-world autonomous systems.

• Startup: AMI Labs (AI research startup developing world-model AI, led by Yann LeCun)

• Investors: Cathay Innovation, Greycroft, Hiro Capital, HV Capital, Bezos Expeditions (co-leads); plus notable angels including Jeff Bezos and Mark Cuban

• Amount Raised: $1.03 billion

• Total Raised: $1.03 billion (seed round)

• Funding Stage: Seed

• Funding Date: March 10, 2026

Legora Raises $550M in Series D Funding to Expand AI in Legal Operations

Legora, a fast-growing Swedish legal AI platform, has closed a $550 million Series D funding round that vaults its valuation to approximately $5.5 billion. Legora’s software uses generative AI to help lawyers and in-house legal teams research case law, review documents, and draft contracts with unprecedented speed and accuracy. The new capital comes just five months after its previous round and triples Legora’s valuation, highlighting the exploding demand for AI tools in the traditionally tech-averse legal industry.

With over 600 law firms and legal departments already on its platform, Legora plans to use the funds to accelerate hiring and product development as it expands across North America, Europe, and Asia. Investors are betting that Legora can become a foundational system for legal work, as firms race to adopt AI-driven workflows to gain a competitive edge. This Series D places Legora among Europe’s most valuable startups and signals a strong conviction that AI will transform legal operations worldwide.

• Startup: Legora (Stockholm, Sweden – AI-powered platform for legal research, drafting, and workflow automation)

• Investors: Accel (lead), Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ Growth, Redpoint Ventures, Y Combinator (existing investors)

• Amount Raised: $550 million

• Total Raised: ~$816 million (estimated, across all rounds)

• Funding Stage: Series D

• Funding Date: March 10, 2026

Thinking Machines Secures Nvidia Partnership for 1GW AI Supercomputing

Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, has secured a strategic partnership with Nvidia that includes a significant equity investment and access to an unprecedented 1 gigawatt of computing capacity. This multi-year alliance will supply Thinking Machines with next-generation Nvidia “Vera Rubin” AI superchips, enabling the young lab to train some of the world’s largest AI models. While financial terms were not disclosed, the scale of compute – roughly enough power for 750,000 homes – positions Thinking Machines among an elite class of AI startups with hyperscale infrastructure at its fingertips.

Murati’s team has already raised billions in prior funding and is chasing breakthrough AI systems that learn more like humans, with plans to compete at the cutting edge of artificial general intelligence. The Nvidia deal gives Thinking Machines a massive hardware edge in the escalating AI arms race. It also signals Nvidia’s deepening role as not just a chip supplier but a capital partner to top AI companies. Thinking Machines is now uniquely equipped to push the frontiers of AI, from advanced research to real-world industrial applications.

• Startup: Thinking Machines Lab (San Francisco, CA – AI research startup developing large-scale world-model AI systems)

• Investors: Nvidia (strategic lead investor); prior seed led by Andreessen Horowitz with participation from Nvidia and others

• Amount Raised: Undisclosed (partnership includes 1GW compute allocation)

• Total Raised: ~$2.0 billion (including previous seed funding)

• Funding Stage: Strategic Investment/Partnership

• Funding Date: March 10, 2026

Eridu Emerges from Stealth with $200M in Series A Funding for AI Data Center Networks

Stealth startup Eridu has burst onto the scene with a $200+ million Series A round aimed at addressing a critical bottleneck in artificial intelligence infrastructure. Founded by industry veteran Drew Perkins, Eridu is building novel networking hardware for AI data centers that can connect thousands of GPUs with dramatically lower latency and power usage.

As AI models and cloud clusters grow ever larger, traditional data center networks are struggling to keep up, often becoming the limiting factor in training speed and scalability. Eridu’s technology rethinks high-speed switches and interconnects from the ground up for AI workloads, potentially enabling “hyperscale” clusters far beyond today’s.

The oversubscribed round – one of the largest Series A financings in recent memory – will fund final development and testing of Eridu’s system for deployment in supercomputing centers. With AI compute demand exploding, Eridu has a chance to become the backbone of the next generation of AI infrastructure, and investors are making a big early bet on its deep-tech approach to networking.

• Startup: Eridu (Silicon Valley, US – developer of high-performance network interconnects for AI supercomputers)

• Investors: Socratic Partners (lead); Hudson River Trading, Capricorn Investment Group, Matter Venture Partners, Bosch Ventures, MediaTek, Eclipse Ventures, Fusion Fund, TDK Ventures, and others

• Amount Raised: $200+ million

• Total Raised: ~$200 million (Series A)

• Funding Stage: Series A

• Funding Date: March 10, 2026

Armadin Raises $190M in Funding to Automate Cybersecurity with AI Agents

Armadin, a new cybersecurity startup led by Mandiant founder Kevin Mandia, emerged from stealth with $190 million in initial funding to build autonomous cyber defense agents. The hefty raise – led by Accel with participation from Google Ventures, Kleiner Perkins, Menlo Ventures, and Ballistic Ventures – comes just months after Armadin quietly started operations, signaling high conviction in its approach to next-gen security. Armadin is developing AI-driven agents that continuously scan enterprise networks, imitate skilled human analysts, and respond to threats in real time.

By automating threat hunting and incident response, the platform aims to dramatically speed up breach detection and mitigation for large organizations. Mandia’s return has attracted several Fortune 100 companies as early testers, underscoring the industry’s appetite for AI solutions amid an onslaught of cyberattacks. With one of cybersecurity’s most respected leaders at the helm and substantial backing from top tech investors, Armadin is poised to accelerate the shift toward autonomous, around-the-clock cyber defense powered by artificial intelligence.

• Startup: Armadin (Washington, D.C. – AI cybersecurity startup automating threat detection and response)

• Investors: Accel (lead); GV (Google Ventures), Kleiner Perkins, Menlo Ventures, Ballistic Ventures (co-investors)

• Amount Raised: $190 million

• Total Raised: $190 million

• Funding Stage: Seed/Series A (combined initial financing)

• Funding Date: March 10, 2026

Kai Raises $125M in Seed+Series A Funding to Unite Enterprise Security with AI

Kai, an AI-powered cybersecurity startup, has emerged from stealth with $125 million in combined seed and Series A funding. Led by Evolution Equity Partners with participation from N47 and other strategics, the funding equips Kai to build its unified AI-native security platform. The New York and Tel Aviv-based company is tackling the complexity of enterprise security by collapsing many functions into a single AI-driven system. Kai’s platform uses autonomous agents and machine learning to perform tasks that typically require multiple tools and manual effort – from threat monitoring to incident analysis – in minutes.

The startup has already landed several Fortune 500 companies as pilot customers, validating demand for smarter, faster cybersecurity operations amid increasingly automated attacks. Investors see Kai as positioned at the nexus of AI and cyber, two high-priority areas for enterprises. With this large upfront investment, Kai plans to scale its engineering and go-to-market teams and prove out its technology across energy, healthcare, and other critical sectors. The company’s bold mission is to rebuild cybersecurity from first principles using AI – a vision that this nine-figure funding round will accelerate.

• Startup: Kai (New York & Tel Aviv – AI-native cybersecurity platform for unified threat detection and response)

• Investors: Evolution Equity Partners (lead); N47, and strategic angel investors (stealth participants)

• Amount Raised: $125 million

• Total Raised: $125 million

• Funding Stage: Seed + Series A (combined)

• Funding Date: March 10, 2026

Slide Raises $70M in Series B Funding to Reinvent Backup and Disaster Recovery for MSPs

Slide, a cloud backup and disaster recovery startup founded by Datto creator Austin McChord, has raised $70 million in Series B funding to modernize data protection for managed service providers (MSPs). The round was led by General Catalyst with participation from Base10 Partners, Outsiders Fund, and others, and comes barely one year after Slide launched its platform. Slide’s solution was built from scratch to replace clunky legacy backup systems with a cloud-native, high-performance approach tailored to MSP workflows.

By leveraging modern storage tech, built-in encryption, and API integrations, Slide enables MSPs to back up client data more securely and recover from outages faster than ever before. The fresh capital will fuel Slide’s expansion into new markets and support a growing base of partners in North America and now Europe. For MSPs long frustrated by outdated backup tools, Slide’s rapid rise – powered by McChord’s pedigree and strong early adoption – suggests a major shift is underway. This funding milestone will help Slide scale its team and infrastructure as it aims to become the next-generation backbone for MSP data resilience.

• Startup: Slide (Norwalk, CT – cloud backup and disaster recovery platform for MSPs)

• Investors: General Catalyst (lead); Base10 Partners, Outsiders Fund, Future Perfect Ventures, Vine Ventures, Glynn Capital, Benchstrength, Top Down Ventures, Connecticut Innovations

• Amount Raised: $70 million

• Total Raised: Not disclosed (Series B following prior seed/Series A)

• Funding Stage: Series B

• Funding Date: March 10, 2026

Jazz Launches with $61M in Funding to Bring AI to Data Loss Prevention

Jazz, a Tel Aviv-based data security startup, has emerged from stealth with $61 million in combined seed and Series A funding to revolutionize data loss prevention (DLP) using AI. The funding was co-led by Team8 and Glilot Capital Partners, with participation from Ten Eleven Ventures, MassMutual Ventures, Merlin Ventures, and others. Jazz is reimagining DLP – which traditionally relies on rigid rules that generate a flood of alerts – by introducing intelligent systems that understand user intent and context. Its platform deploys endpoint sensors and an “Agentic Investigator” AI to learn how employees handle data and differentiate legitimate workflows from risky anomalies.

The result is far fewer false alarms and quicker detection of true insider threats or inadvertent data leaks. Early enterprise pilots have shown that Jazz’s approach can cut noisy DLP alerts to a fraction, allowing security teams to focus on real incidents. With this sizable first round, Jazz plans to scale up in global markets and accelerate product development. The company’s mission is to finally make DLP effective in the era of cloud and AI – delivering meaningful risk reduction without drowning teams in noise.

• Startup: Jazz (Tel Aviv, Israel – AI-driven data loss prevention platform for enterprise security)

• Investors: Team8, Glilot Capital Partners (co-leads); Encoded Ventures, MassMutual Ventures, Merlin Ventures, Ten Eleven Ventures, and angel investors

• Amount Raised: $61 million

• Total Raised: $61 million

• Funding Stage: Seed + Series A

• Funding Date: March 10, 2026

Mozark Raises $40M in Series B Funding to Enhance Digital Experience Testing

Mozark, a digital experience testing and analytics platform based in Singapore and India, has raised $40 million in a Series B round to scale its solution globally. The funding was led by the International Finance Corporation (IFC) and RMB Capitalworks, with participation from existing backer Kalaari Capital. Mozark provides software and instrumentation that help companies measure and improve how their mobile apps, websites, and networks perform in the real world. From monitoring 5G network quality to optimizing app load times under various conditions, Mozark’s tools enable businesses to deliver smoother digital experiences to their users.

The new capital will support product development and expansion into additional markets, as demand for high-quality digital services surges. With IFC’s involvement, Mozark also plans to target emerging markets where improving digital infrastructure is critical. This Series B reflects growing investor interest in “experience tech” as businesses recognize that performance directly impacts customer satisfaction. Mozark’s technology aims to be the go-to platform for quantifying and enhancing digital user experience, and this funding accelerates its mission.

• Startup: Mozark (Singapore & Bengaluru – platform for testing and measuring digital application and network experience)

• Investors: International Finance Corporation (World Bank Group) and RMB Capitalworks (co-leads); Kalaari Capital (existing)

• Amount Raised: $40 million

• Total Raised: Not disclosed (Series B)

• Funding Stage: Series B

• Funding Date: March 10, 2026

Outpost Raises $17.5M in Series A Funding to Simplify Cross-Border E-Commerce

Outpost, a fintech startup providing infrastructure for cross-border commerce, has raised $17.5 million in Series A funding to make selling internationally “as easy as domestic” for businesses. The round was led by Ribbit Capital – known for backing fintech leaders like Revolut and Stripe – with participation from Better Tomorrow Ventures and prominent angels from Uber, Affirm, and Airwallex.

Outpost offers a full-stack platform that handles the messy operational headaches of global sales: local payment processing, tax and tariff compliance, and regulatory paperwork across different countries. Its AI-driven engine continuously updates international tax rates and import rules, automatically applying the correct charges and classifications for each transaction. By operating local legal entities in multiple regions, Outpost also boosts merchants’ payment approval rates and lowers fees.

The fresh funding will fuel expansion into more markets and ongoing product development as demand for seamless cross-border selling grows. Outpost’s vision is to remove the barriers of tariffs and fragmented regulations so that companies can expand globally with the same ease as selling in their home market.

• Startup: Outpost (London, UK – cross-border commerce fintech platform for payments, tax, and compliance)

• Investors: Ribbit Capital (lead); Better Tomorrow Ventures (existing); angels from Uber, Affirm, Airwallex, Checkout.com (individual investors)

• Amount Raised: $17.5 million

• Total Raised: $20.5 million (including prior $3M seed)

• Funding Stage: Series A

• Funding Date: March 10, 2026

Tech Funding Summary Table