Weekly Tech Pulse
From intelligent recruiting to crypto infrastructure: The tech ecosystem transforming industries.
US & International Startup & Tech News
Longtime Seattle investor Martin Tobias raises $10.5M for early stage B2B software fund
Veteran startup investor Martin Tobias has closed a $10.5 million fund through his pre-seed venture firm Incisive Ventures, which will support nearly 30 enterprise software companies with average checks of $250,000. Tobias, who previously served as a venture partner at Ignition, formed Incisive Ventures in 2020 and is targeting B2B companies that can “reduce friction at scale,” particularly those leveraging AI infrastructure. The fund has already made 16 investments, including Grw AI for sales coaching and Civic IQ for government records analysis. Tobias believes AI’s real value will emerge at the application layer, similar to how SaaS eventually outpaced cloud infrastructure in importance.
Source: Geekwire
British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
London-based AI infrastructure company Nscale has secured a massive $1.1 billion Series B funding round led by Norway’s Aker, with participation from major tech giants including Nvidia, Nokia, and Dell. The funding will accelerate Nscale’s expansion of AI data centers across Europe, including projects with OpenAI under the Stargate initiative. The company plans to deploy 100,000 Nvidia GPUs in Norway by 2027 and 31,000 GPUs in the UK, positioning itself as a central player in Britain’s AI infrastructure ambitions. This investment highlights the continued surge in demand for high-powered computing infrastructure needed to train and operate advanced AI models.
Source: Cnbc
Crypto startup Zerohash raises $104 million from Morgan Stanley, SoFi, Apollo and others
Crypto infrastructure company Zerohash has raised $104 million in Series D funding led by Interactive Brokers, with strategic participation from major financial institutions including Morgan Stanley, SoFi, and Apollo-managed funds. The Chicago-based startup, now valued at $1 billion, provides banks and fintech firms with blockchain infrastructure for crypto trading, stablecoins, and tokenization services. The funding comes amid a more favorable regulatory environment for cryptocurrencies under the Trump administration, with many traditional financial institutions now expressing interest in crypto offerings. Zerohash’s clients include the same financial giants that invested in the round, suggesting strong strategic partnerships and upcoming product announcements.
Source: Cnbc
Juicebox raises $30M from Sequoia to revolutionize hiring with LLM-powered search
AI-powered recruiting startup Juicebox has raised $36 million in total funding, including a $30 million Series A round led by Sequoia Capital, to enhance its natural language search engine for talent acquisition. Founded by David Paffenholz and Ishan Gupta, the company’s PeopleGPT platform uses LLMs to analyze professional profiles and identify qualified candidates more efficiently than traditional keyword-based searches. Despite having only 12 employees, Juicebox has already attracted over 2,500 customers and achieved more than $10 million in annual recurring revenue. The platform is gaining traction with both small startups and large corporations like Cogntion, Ramp, and Perplexity, as it automates candidate identification and initial outreach processes.
Source: TechCrunch
LATAM Startup & Tech News
Founders Fund and Sequoia Back Brazilian AI Startup Enter in $350M Valuation Bet on the World’s Toughest Legal Market
Brazilian legal AI startup Enter has raised $35 million in Series A funding co-led by Founders Fund and Sequoia Capital at a $350 million valuation, marking the largest AI-focused investment in Latin America to date. Founded by Mateus Costa-Ribeiro (Brazil’s youngest practicing lawyer at 18) and his Harvard colleagues, Enter addresses Brazil’s massive litigation crisis with nearly 80 million active lawsuits. The company’s AI platform helps enterprises manage litigation at scale, supporting lawyers through case intake, fraud detection, settlement recommendations, and defense drafting. Enter expects to process over 250,000 new cases in 2025 and serves major clients including Itaú, Santander, Mercado Libre, Nubank, and Airbnb.
Source: Yahoo Finance
Addi announces new $50 million debt financing after four consecutive quarters of profitability and exceeding $150 million in annual recurring revenue (ARR)
Colombian commerce and finance platform Addi has secured a $50 million extension to its existing credit line with Victory Park Capital, with Neuberger-managed funds contributing to the expansion. The company announced it surpassed $150 million in annualized revenue and achieved its fourth consecutive profitable quarter as of June 30, 2025, while maintaining 100% year-over-year growth for the past five years. Addi now serves 2.5 million consumers and over 27,000 merchants, working with major brands like Apple, Adidas, Movistar, and retail chains Alkosto and Éxito. The platform addresses Colombia’s cash-heavy economy, where over 70% of financial transactions are still conducted in cash despite high mobile phone penetration.
Source: Buisness Wire
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