Anysphere Raises $900M Round to Scale AI Coding Assistant
San Francisco–based Anysphere has secured a whopping $900 million in new funding, catapulting its valuation to $9.9 billion. The 3-year-old startup is the creator of “Cursor,” an AI-powered coding assistant that has rapidly gained traction in the developer community.
The fresh capital will enable Anysphere to further accelerate the growth of its AI coding platform and expand its customer base among enterprises looking to boost developer productivity. Notably, this marks Anysphere’s third funding round in less than a year – a testament to investor enthusiasm amid the AI boom – and it comes on the heels of the company surpassing $500 million in annual recurring revenue.
Founded in 2022 by MIT alumni, Anysphere has quickly gained traction among software engineers. Its product, Cursor, has become a go-to AI-powered coding assistant, drawing attention for its seamless integration with developer workflows. Unlike AI chatbots that simply generate code snippets, Cursor actively participates in the coding process, rewriting, debugging, and assisting developers as they work.
Funding Details:
Startup: Anysphere (AI coding assistant platform)
Investors: Thrive Capital (lead), Andreessen Horowitz, Accel, DST Global
Amount Raised: $900 million
Total Raised: $2 billion
Funding Stage: Series C (Late-stage)
Funding Date: June 9, 2025
Mosanna Therapeutics Lands $80M Series A for Sleep Apnea Nasal Spray
Swiss biotech Mosanna Therapeutics has closed an $80 million Series A funding round led by EQT Life Sciences to advance its innovative treatment for obstructive sleep apnea. Mosanna is developing a first-of-its-kind nighttime nasal spray (code-named MOS118) designed to restore the body’s natural airway control, treating sleep apnea as a neurological and muscular condition rather than relying on cumbersome mechanical devices.
The new funding will be used to propel MOS118 through Phase 2 clinical trials and expand the startup’s pipeline of respiratory therapies. Industry veteran David Weber, Ph.D., has been appointed CEO to guide Mosanna through clinical development, underscoring the company’s aim to address a condition affecting nearly 1 billion people globally with a simpler, patient-friendly solution.
Funding Details:
Startup: Mosanna Therapeutics (Basel, Switzerland – sleep apnea biotech)
Investors: EQT Life Sciences and Pivotal bioVenture Partners (co-leads); co-investors include Forbion, Broadview Ventures, Norwest, Forty51 Ventures, Supermoon Capital, and HTGF
Amount Raised: $80 million
Total Raised: $80 million (Series A)
Funding Stage: Series A
Funding Date: June 9, 2025
CRED Secures $72M to Double Down on Fintech Platform at Lower Valuation
Indian fintech unicorn CRED has raised ₹617 crore (approximately $72 million) in fresh financing to bolster its core financial services platform for credit card users and beyond. The funding round was led by GIC (through its Lathe Investment arm), with participation from existing backers RTP Global, Sofina Ventures, and QED Innovation Labs (the family office of CRED’s founder, Kunal Shah).
Notably, this raise comes at a roughly 45% lower valuation of about $3.5 billion, down from CRED’s peak, marking a “down-round” that nevertheless signals continued investor confidence in the startup’s business model. The new capital will support CRED’s expansion into adjacent offerings, such as lending, payments, and even forays into commerce, as it aims to deepen engagement with its high-spending customer base in India’s competitive fintech market.
Funding Details:
Startup: CRED (Bengaluru, India – consumer fintech platform)
Investors: GIC (Lathe Investment vehicle) as lead; RTP Global; Sofina; QED Innovation Labs
Amount Raised: $72 million (₹617 Cr)
Total Raised: Over $1 billion
Funding Stage: Late-stage (Down-round extension)
Funding Date: June 9, 2025
Guardz Raises $56M Series B to Protect Small Businesses via MSPs
Cybersecurity company Guardz has closed a $56 million Series B round to expand its all-in-one security platform tailored for small and medium-sized businesses. Founded in 2023, Guardz initially sold directly to SMBs but has since pivoted to serve managed service providers (MSPs) – the IT firms that small businesses rely on – enabling those MSPs to offer robust cyber defense tools to their clients at scale.
Guardz’s platform provides a unified suite of threat detection and response capabilities across cloud services, endpoints, and user accounts, blending AI-driven monitoring with human expertise to quickly neutralize threats. The new funding, led by cybersecurity-focused investor ClearSky, will help Guardz reach more MSP partners and continuously enhance its threat prevention technology amid a rising tide of cyber risks targeting smaller enterprises. The round values the fast-growing Miami- and Tel Aviv-based startup at a substantially higher level and brings its total funding to $84 million in just over two years since launch.
Funding Details:
Startup: Guardz (cybersecurity platform for MSPs and SMBs)
Investors: ClearSky (lead); Phoenix Insurance; and existing investors including Glilot Capital, SentinelOne, Hanaco Ventures, iAngels, GKFF Ventures, and Lumir
Amount Raised: $56 million
Total Raised: $84 million
Funding Stage: Series B
Funding Date: June 9, 2025
Nooks Secures $25M Series A to Revolutionize Classified Infrastructure
Nooks, a Crystal City, VA–based startup specializing in “Classified-Infrastructure-as-a-Service” (CIaaS), has raised $25 million in a Series A round to modernize how secure government facilities are accessed and used. Nooks provides ready-to-use, compliant workspaces and cloud-like services for defense and intelligence projects, effectively streamlining collaboration among industry experts, academia, and the U.S. government within classified environments. By offering flexible, scalable classified infrastructure on demand, Nooks aims to eliminate the costly inefficiencies and logistical hurdles traditionally involved in setting up secure facilities.
Nooks will use the Series A funds to expand its operations and technological development, ultimately accelerating the delivery of cutting-edge solutions to the defense sector. The investor roster for this round includes an extraordinary mix of venture capital and defense industry leaders, underscoring the strategic importance of Nooks’ mission to the national security community.
Funding Details:
Startup: Nooks (Crystal City, VA – classified workspace infrastructure)
Investors: Zigg Capital (lead VC); Upper90; SAIC (Science Applications Int’l Corp.); Lockheed Martin
Amount Raised: $25 million
Total Raised: $25 million
Funding Stage: Series A
Funding Date: June 9, 2025
Aiera Closes $25M Series B to Advance Generative AI in Finance
Aiera, a New York–based fintech startup, has closed a $25 million Series B financing to expand its AI-driven platform for financial research and investor communications. Aiera provides generative AI tools that help investment professionals automate and enhance tasks like earnings call analysis, transcript summarization, and market research. The round is unique in that it was funded by a newly formed consortium of ten of Wall Street’s largest investment banks and a leading expert network firm (Third Bridge), signaling a broad industry push to adopt Aiera’s technology.
The company plans to use the funds to accelerate development of its platform, focusing on improving large-language-model accuracy, compliance features, and integration into enterprise workflows, so that banks, asset managers, and researchers can safely leverage AI while adhering to strict regulatory and intellectual property standards. In addition, Aiera has partnered with Microsoft for cloud infrastructure and established an advisory council of top buy-side firms to ensure its solutions meet the needs of major financial institutions.
Funding Details:
Startup: Aiera (New York, NY – AI platform for financial research)
Investors: Consortium of 10 major Wall Street firms and Third Bridge (strategic investor); Microsoft as strategic technology partner
Amount Raised: $25 million
Total Raised: ~$40 million
Funding Stage: Series B
Funding Date: June 9, 2025
Sanlayan Technologies Scores $22M for Defense Electronics R&D
Sanlayan Technologies, a Bangalore-based defense electronics startup, has secured a ₹186 crore (~$22 million) Series A round to scale up its research and development efforts. Co-founded by former engineers from Zetwerk, Sanlayan specializes in advanced hardware and systems for military applications, including radar equipment, electronic warfare (EW) systems, and avionics components.
The funding was led by a group of prominent industrial investors, notably stock market veterans Ashish Kacholia and Lashit Sanghvi, alongside venture firm Jungle Ventures. Additional participation came from Gemba Capital, Singularity Ventures, and Shastra VC. Sanlayan plans to deploy the new capital to accelerate product development and hire top engineering talent as it aims to strengthen India’s indigenous defense technology capabilities. The company’s growth comes at a time when demand for homegrown defense solutions is rising, and this sizable investment underscores confidence in Sanlayan’s potential to deliver cutting-edge military tech for domestic and export markets.
Funding Details:
Startup: Sanlayan Technologies (Bangalore, India – defense electronics)
Investors: Ashish Kacholia, Lashit Sanghvi, Jungle Ventures (leads); Gemba Capital; Singularity Ventures; Shastra VC
Amount Raised: ₹186 Crore (≈ $22 million)
Total Raised: ₹186 Crore (≈ $22 million)
Funding Stage: Series A
Funding Date: June 9, 2025
Thread AI Lands $20M Series A to Scale Enterprise AI Workflows
Thread AI, a New York–based enterprise software startup, has raised $20 million in Series A funding to expand its platform for building and deploying AI-powered workflows. Founded by former Palantir AI Product and Engineering executives Angela McNeal and Mayada Gonimah, Thread AI, Thread AI offers a composable AI infrastructure called “Lemma” that lets large organizations easily design, integrate, and scale custom AI modules into their operations.
The startup’s technology aims to accelerate AI adoption in the enterprise by providing reusable building blocks and tools to manage models, data pipelines, and automation without needing to reinvent the wheel for each use case. With the new financing, led by venture firm Greycroft and joined by Index Ventures, Scale Venture Partners, Plug and Play Tech Center, Meritech Capital, and Homebrew, Thread AI plans to grow its engineering team, enhance its platform’s capabilities, and acquire more Fortune 500 customers. The company reports strong early demand from industries like finance and logistics that are seeking faster ways to implement AI solutions at scale.
Funding Details:
Startup: Thread AI (New York, NY – composable AI infrastructure for enterprises)
Investors: Greycroft (lead); Index Ventures; Scale Venture Partners; Plug and Play; Meritech Capital; Homebrew
Amount Raised: $20 million
Total Raised: $20 million (excluding seed)
Funding Stage: Series A
Funding Date: June 9, 2025
Coral Vita Nets $8M Series A for Coral Reef Restoration Tech
Environmental startup Coral Vita has raised an $8 million Series A round to scale up its groundbreaking approach to coral reef restoration. Based in the Bahamas, Coral Vita grows climate-resilient corals in on-land nurseries and then transplants them into degraded reef sites, to revive dying reefs up to 50 times faster than traditional methods.
The Series A was led by Builders Vision – an impact-focused investment firm – and brings on a diverse group of ocean and climate-focused backers, including Katapult Ocean and 2050 Capital, among others. Coral Vita, an Earthshot Prize winner, plans to use the funds to expand its coral farm operations to new countries, advance its scientific R&D in coral resiliency, and partner with coastal communities to protect marine ecosystems. As coral reefs face mounting threats from warming seas and pollution, Coral Vita’s technology offers a promising lifeline to restore biodiversity and safeguard the livelihoods of communities that depend on healthy oceans.
Funding Details:
Startup: Coral Vita (Freeport, Bahamas – coral reef restoration technology)
Investors: Builders Vision (lead); Katapult Ocean; iAlumbra; BDT & MSD; 2050 Capital; Rypples; Rising Tide; Aureolis Ventures; plus Earthshot Prize grant (previous)
Amount Raised: $8 million
Total Raised: ~$9 million
Funding Stage: Series A
Funding Date: June 9, 2025
Funding Summary Table
Startup
Investors (Lead & Notable)
Amount Raised
Total Raised
Funding Stage
Funding Date
Anysphere (USA)
Thrive Capital (lead); Andreessen Horowitz; Accel; DST
$900 M
$2 B
Series C
Jun 9, 2025
Mosanna Therapeutics (CH)
EQT Life Sciences (lead); Pivotal bioVenture; Forbion; Norwest
$80 M
$80 M
Series A
Jun 9, 2025
CRED (India)
GIC – Lathe (lead); RTP Global; Sofina; QED (Kunal Shah)
$72 M
~$1 B
Late-stage (Down)
Jun 9, 2025
Guardz (USA/Israel)
ClearSky (lead); Phoenix; Glilot; SentinelOne; Hanaco
$56 M
$84 M
Series B
Jun 9, 2025
Nooks (USA)
Zigg Capital (lead); Upper90; SAIC; Lockheed Martin
$25 M
$25 M
Series A
Jun 9, 2025
Aiera (USA)
Wall St. Consortium (10 banks) & Third Bridge
$25 M
~$40 M
Series B
Jun 9, 2025
Sanlayan Tech (India)
Ashish Kacholia, Lashit Sanghvi, Jungle Ventures (leads)
₹186 Cr (~$22 M)
₹186 Cr (~$22 M)
Series A
Jun 9, 2025
Thread AI (USA)
Greycroft (lead); Index; Scale VP; Meritech; Homebrew
$20 M
$20 M
Series A
Jun 9, 2025
Coral Vita (Bahamas)
Builders Vision (lead); Katapult Ocean; 2050; Earthshot Prize
$8 M
~$9 M
Series A
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