Gravity, which places text-based ads within AI chatbots, raised a $30.5M Series A co-led by Lightspeed and Committed, taking its total funding to $38.5M (Lara O'Reilly/Business Insider)
Zach Oldham, cofounder of the adtech startup Gravity, thinks AI ads will eventually become the world's largest advertising channel.
Singapore-based AI infrastructure startup Acrab has raised $130 million in a Series B funding round. This brings its total funding to more than $480 million.
According to DealStreetAsia, the funding round was backed by existing investors Vertex Ventures.
Another company, Omilia, a Cyprus-based self-learning agentic CX company, has also secured a $67 million Series B funding round led by Expedition Growth Capital.
Brief written by urgent.news from Techmeme, EU-Startups — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Singapore-based AI infrastructure startup Acrab raised a $130M Series B, bringing its total funding to more than $480M (Mars W. Mosqueda Jr/DealStreetAsia) dealstreetasia.com
- Obsidian Security, which helps companies secure AI agents, raised an $85M Series D at a $1.1B valuation, after raising a $90M Series C in April 2022 (Akash Sriram/Reuters) reuters.com
