Mary Ann Azevedo

Xpanner, a startup automating construction work through robotics and physical AI technology, has raised $18 million in a Series B round, the company tells Crunchbase News exclusively. Existing backer Korea Investment Partners (KIP) led the financing, which is described as a bridge round. KB Investment Co. (KBIC) also participated. The raise brings Santa Fe Springs, California-based Xpanner’s total funding to $38 million since its 2020 inception. Xpanner turns construction equipment that customers already own into automated assets “without replacing a single machine,” according to Henri Lee, the company’s co-founder and CEO. Its flagship product, X1 Kit, retrofits existing equipment with

Just through mid-May, China-based robotics companies have already raised $5.6 billion across 176 deals this year, Crunchbase data shows, a sum matching total venture funding to the nation’s robotics companies in all of 2021, the peak of the funding cycle.

Gaia uses artificial intelligence and machine learning — trained on millions of anonymized historical data points and fertility outcomes — to better understand risk and probability for fertility treatment.

Jia , a startup building a financial operating system for small businesses in Southeast Asia, has raised $3 million in funding, it tells This Week in Fintech exclusively.

Financial infrastructure provider Plaid** introduced two in-house foundational artificial intelligence models on Thursday that aim to dramatically

Digital banking startup Mercury has raised $200 million in a Series D round at a $5.2 billion valuation, the company announced Wednesday. That’s up 49% from the $3.5 billion valuation it achieved when announcing its $300 million Series C — which included primary and secondary funding — in March of 2025.

Financing startup Capchase has secured a new round of funding, consisting of $26 million in equity and a $174 million credit facility, the company told Crunchbase News exclusively.

The share of U.S. startup funding going to companies with Black founders in 2025 remained low, even as overall funding ticked slightly higher, Crunchbase data shows.

Generative AI company Anthropic announced on Thursday that it has raised $65 billion in a Series H funding round, more than doubling its post-money valuation to a staggering $965 billion.

Co-founded by Molly Huyck and Amie Konwinski, Aequitas Invest's funding portal provides women-led businesses a way to raise capital. Crunchbase News recently spoke to the founders to learn more about their plans to help female entrepreneurs raise and hold on to more equity.