Crunchbase's weekly roundup of the biggest funding rounds led with a $1 billion round for Instinct, a developer of AI assistants for everyday tasks. A separate summary from SyncGTM said Instinct and FieldAI, which raised $700 million, were both valued at $10 billion.
Armadin, an AI-native cybersecurity company, raised $255.5 million in Series B funding in the same week. Armadin builds autonomous cybersecurity agents and was founded by Kevin Mandia, with Accel leading its earlier combined seed and Series A of about $190 million in March.
Crunchbase's headline described the week as almost all about AI.
Source: Crunchbase News