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AI & Enterprise

Ricursive raises $300 million in Series A, says AI cuts chip design time

AI-based chip design startup Ricursive Intelligence has raised $300 million in Series A funding, SiliconANGLE reported on Jan. 26 local time. The round was led by Lightspeed, with Nvidia’s NVentures, DST Global and Felicis Ventures also taking part. Ricursive was valued at $4 billion in the deal. The company develops AI tools aimed at sharply reducing chip design times and plans to use the funds for hiring and infrastructure upgrades.

AI & Enterprise

Cloud security startup Upwind raises $250 million

Cloud security startup Upwind Security Inc has raised $250 million in a Series B funding round, SiliconANGLE reported on Jan. 27 local time. The round was led by Bessemer, with participation from Salesforce Ventures and Picture Capital. Upwind said revenue increased more than 900 percent from a year earlier but did not disclose specific figures. The company offers a cloud security platform using eBPF technology to detect malicious activity and identify vulnerabilities.

AI & Enterprise

ITCENCloit CEO Kim Woo-sung bets on ROI-proven AI agents, targets on-premises first

ITCEN Group affiliate ITCENCloit has launched AgentGo 2026 and joined the race to build AI agent platforms. CEO Kim Woo-sung (김우성) said the company will offer solutions that use AI well, based on know-how gained from understanding customer application environments. The company said the platform supports development, deployment and management across closed networks and public cloud. It plans to target finance and public-sector clients, with an on-premises-first strategy.