📌 10 AI Startups raise $400M+

BONUS: The State of AI in Healthcare From Menlo Ventures

October 22, 2025

TODAY’S FUNDING RECAP 🗓️

  • Sesame raises a $250M Series B — Voice AI

  • Serval raises a $47M Series A — ITSM

  • ChipAgents raises a $21M Series A — Chip design

  • 7 more rounds caught by my funding tracker

Read time: 3 minutes

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TOP PICKS 📢

1/3

Amount: $250M 🎉

Round: Series B

Lead Investor: Sequoia Capital, Spark Capital

Sesame offers a voice AI assistant built for continuous, emotionally expressive interaction.

The system generates speech at the waveform level, producing human-like cadence, tone, and expressiveness. It adapts over time through memory and character modeling to maintain a personalized relationship with the user. It’s Available in beta through an iOS app and supports tasks like search, messaging, and reasoning.

2/3

Amount: $47M 🎉

Round: Series A

Lead Investor: Redpoint Ventures

Serval builds an AI service-management platform that unifies ITSM, access management, and workflow automation.

Its vibe coding system lets IT describe processes in natural language, generating automations for tasks like onboarding / offboarding, just-in-time access, app provisioning, password resets, reporting, and long-tail requests. The platform implements a dual-agent pattern: a builder agent creates tools and workflows with explicit guardrails, while a help desk agent executes those tools under manager-defined policies.

3/3

Amount: $21M 🎉

Round: Series A

Lead Investor: Bessemer Venture Partners

ChipAgents is an agentic AI platform for chip design and verification.

Its agents integrate into existing EDA workflows to automate RTL generation, testbench creation, simulation debugging, and formal verification. The system supports early-stage chip development, where teams define architecture, validate logic, and iterate before fabrication. By interpreting specifications and reasoning across abstraction levels, the agents generate structured outputs that let engineers move from natural language prompts to design artifacts.

OTHER ROUNDS 🤏

ESSENTIAL INTRODUCTIONS

→ Anrok raises $55M Series C — Global sales tax & VAT automation for finance

→ Findem raises $36M Series C — AI talent acquisition platform with enriched “3D” profiles

→ Bronto raises $14M Seed — Logging and search layer for AI-era apps

→ Etalytics raises $8M Series A — AI industrial energy management and optimization

→ Syntracts raises $5.3M Seed — Legal AI infrastructure for enterprises

BONUS 🔥

FOR CURIOUS MINDS

2025: The State of AI in Healthcare

Long dismissed as a digital laggard behind on every major innovation wave, healthcare is now setting the pace for enterprise AI adoption.

menlovc.com/perspective/2025-the-state-of-ai-in-healthcare/#:~:text=According%20to%20Menlo%20Ventures%E2%80%99%20research%2C,like%20enterprise%20ChatGPT%20instead%20of

THAT’S IT FOR TODAY

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