Series C Funding Announcements

Encord, a data infrastructure company for physical AI, secured a $60 million Series C funding led by Wellington Management. The investment aims to scale Encord's AI-native data infrastructure platform, supporting AI teams in managing and annotating multimodal data essential for physical AI systems.

UpGuard, a cybersecurity and risk management company, announced a $75 million Series C round led by Springcoast Partners. The funding will drive product innovation, accelerate global go-to-market efforts, and support strategic M&A as UpGuard scales.

Profound, an AI-driven marketing infrastructure startup, raised $96 million in Series C funding led by Lightspeed Venture Partners. The funding values Profound at $1 billion and brings its total capital raised to over $155 million.

Wealthtech startup Stable Money has raised $25 million in a Pre-Series C funding round led by Peak XV Partners, with participation from existing investors Z47, RTP Global, and Fundamentum Partnership. The company plans to use the funds to strengthen its core platform, expand into complementary savings products, and hire across various functions.

Stable Money, a Bengaluru-based wealthtech startup, raised $25 million in a pre-Series C funding round led by Peak XV Partners, with participation from Z47, RTP Global, Fundamentum Partnership, and Lightspeed Venture Partners. The funding will be used to expand the platform and product offerings, enhance bank and NBFC partnerships, and establish a physical presence in tier-2 and tier-3 cities.

Render, a cloud platform for modern application developers, has raised an additional $100 million as part of its Series C, valuing the company at $1.5 billion. The funding was led by Georgian, with participation from existing investors including Addition, Bessemer Venture Partners, General Catalyst, and 01 Advisors. Render provides a fully managed cloud infrastructure service that lets developers deploy and scale applications without worrying about server management.

Skild AI raised $1.4 billion in Series C funding at a $14 billion valuation. Backers include SoftBank, NVIDIA, and Jeff Bezos. The startup is developing general-purpose foundation models for robotics across physical environments.

Waabi grabbed C$1 billion (~$750M USD) in Series C funding, co-led by Khosla Ventures and G2 Venture Partners. It’s partnering with Uber to roll out self-driving robotaxis beyond autonomous trucking.

Fieldguide, a San Francisco, CA–based agentic AI-native platform for audit and advisory, has raised $75 million in Series C funding, valuing the company at $700 million.

Waabi has secured a massive $750 million Series C, the largest-ever tech fundraising in Canadian history. The Toronto-based startup is pioneering 'Physical AI' – an end-to-end AI platform that powers self-driving trucks and, now, robotaxis. Waabi’s unified AI 'brain' lets the same model drive different vehicles across varied geographies, dramatically speeding autonomous deployment.