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Coimbatore-based AI Startup Aivar Raises $4.6 Mn to Expand in US and Middle East

Coimbatore-based AI services startup Aivar has raised $4.6 million in a seed funding round, led by Sorin Investments, including contributions from Bessemer Venture Partners. The funds will be used to enhance Aivar’s reach in India, the US and the Middle East, while also continuing to invest in its AI accelerators, senior talent, and international delivery

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Sector Snapshot: US Semiconductor Startup Funding Hits Record High

It’s not a shocker to see that U.S. semiconductor startup funding charted record highs in 2025. After all, that is the year Nvidia cemented its status as the most valuable technology company, with a staggering $4.6 trillion market cap. Public valuations of semiconductor companies also hit a historical peak, with sector-focused funds like the VanEck

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Crunchbase Predicts: Why Top VCs Expect More Venture Dollars, Bigger Rounds And Fewer Winners In 2026

Editor’s note: This article is part of our 2026 forecast coverage. See our IPO market outlook here, and our startup M&A forecast here. Last year was a stellar one for venture funding, in large part thanks to AI. Preliminary Crunchbase data shows global venture investment in 2025 was on pace to be the third-highest on

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Aerospace-Defence Firm CoreEL Technologies Raises $30 Mn in Series B Funding

Bengaluru-based CoreEL Technologies has raised $30 million in a Series B funding round to scale manufacturing operations, expand research and support aerospace and defence programmes in India and overseas.  The round saw a majority investment from ValueQuest Scale Fund, with participation from 360 ONE Asset, the company said in a statement. Steer Advisors acted as

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Fintech Startup Prosperr.io Raises $4 Mn for AI-driven Tax Management

Prosperr.io, a Bengaluru-based fintech SaaS company, has secured $4 million in seed funding to develop its AI-driven tax management platform. The funding round was primarily led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures, and other strategic backers.  According to the company, this latest funding increases Prosperr.io’s total capital raised to $5.55

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MIT Schwarzman College of Computing and MBZUAI launch international collaboration to shape the future of AI

The MIT Schwarzman College of Computing and the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) recently celebrated the launch of the MIT–MBZUAI Collaborative Research Program, a new effort to strengthen the building blocks of artificial intelligence and accelerate its use in pressing scientific and societal challenges.Under the five-year agreement, faculty, students, and research staff

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