FLEX RAISES $70M AT $1.2B VALUATION
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Flex, an AI-powered fintech platform serving mid-sized companies, secured $70 million in Series B1 funding led by Halo Fund. The round values the company at $1.2 billion.
■ MORE FROM THE STARTUPS DESK
Walden Robotics, a Massachusetts-based humanoid robot company spun out of Toyota's research division, has emerged from stealth with approximately $300 million in seed funding. The round values the startup at $1.1 billion.
Miles Wang, an OpenAI researcher focused on AI-accelerated scientific discovery, is departing the company to start a new AI drug discovery venture. The startup is in talks to raise $200 million at a $2 billion valuation.
Hadrius, an NYC-based fintech startup, secured $22 million in Series A funding led by CRV with backing from Y Combinator. The company provides AI-native compliance software for financial services firms.
InstaLILY, an enterprise automation startup, has raised $60 million in Series B funding led by Energize Capital, bringing its total funding to nearly $100 million.