Mintlify powers docs for 20,000+ companies with $45M Series B

Runable, an Indian AI startup founded in 2025, reported achieving a $2 million annualized revenue run rate within just three weeks of launching payments in March. This rapid growth was fueled by their pivot to an AI agent targeting small businesses for customer acquisition, advertising, and growth optimization. The platform currently boasts 1.7 million registered users, with its largest markets being the U.S., U.K., and Japan. Approximately 60-70% of its trillion token usage over the past 90 days comes from paying customers. Despite operating with negative gross margins due to subsidized AI costs, the company expects to improve its unit economics as inference costs decrease. The company recently secured $21 million in Series A funding, bringing its valuation to $65 million. Major investors include Susquehanna Venture Capital, Nexus Venture Partners, Together Fund, and Array VC.

Stability AI, known for its AI-powered image generation model Stable Diffusion, has secured $76 million in Series B funding, bringing its total raised capital to $232 million. The round included investments from major entertainment giants such as Universal Music Group, Sony Music Group, Warner Music Group, and Electronic Arts, alongside venture investors AMD Ventures and Pacific Alliance Ventures. The funding will enable the company to expand its creative AI product suite, targeted at professionals for generating AI-driven music, video, and images, and grow its professional services offerings. This comes after a year of strategic partnerships aligning Stability AI with major players in entertainment and game development. The company also recently saw a favorable ruling in a copyright dispute with Getty Images in the UK.

Lovable, a Sweden-based vibe-coding AI startup, announced achieving a $500M annualized revenue run rate in June 2026. It is in talks to raise $300M, led by Menlo Ventures, aiming to double its valuation to $13.2B within less than three years of operations. The company’s growth has been fueled by its innovative vibe-coding platform, attracting both individual users like designers and enterprises such as Workday, Asana, and Nvidia. This milestone demonstrates Lovable's strong market adoption and leadership in the AI coding sector, where it competes with high-profile players like Replit.

Alan raised €480M in a Series G round, led by Prosus, with participation from Teachers' Venture Growth, Index Ventures, and Dara Holdings, valuing the company a...

Pocket, a company focused on facilitating meaningful conversations through innovative computing tools, raised $11M in seed funding from Accel, Peak XV Partners,...