Search results for 8VC
AI & Enterprise
Armadin founded by Kevin Mandia raises $189.9 million to build autonomous security agents
Kevin Mandia, who sold Mandiant to Google for $5.4 billion, has founded a new AI-based cybersecurity startup, Armadin, and raised funding. TechCrunch reported that the company secured $189.9 million in seed and Series A financing led by Accel, with participation from GV, Kleiner Perkins, Menlo Ventures, 8VC, Ballistic Ventures and In-Q-Tel. Armadin aims to build autonomous security agents that counter AI-driven attacks.
AI & Enterprise
Flux raises $37 million to automate PCB development with AI
Flux, a company developing an automated platform for printed circuit board design, has raised $37 million. SiliconANGLE reported the funding includes a Series B round led by 8VC and a $10 million seed round joined by Outsiders Fund and Bain Capital Ventures. Flux said its AI platform can generate PCB designs, recommend components and suggest cost reductions, and also supports firmware development, testing and code generation.
Crypto
Crypto-focused Erebor wins first new bank approval of Trump\'s second term
A new U.S. bank has been approved for the first time in President Donald Trump\'s second term, with crypto-focused startup Erebor authorised to operate nationwide, Cointelegraph reported, citing the Wall Street Journal. Erebor has about $635 million in capital and plans to target startups, venture firms and wealthy clients. It plans specialised lending for advanced technology companies and a blockchain-based, 24-hour payments network.