Stability AI raises $76 million in Series B funding, totaling $232 million fundraising

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.

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,...

Exa secured $250M in a funding round led by a16z, reaching a $2.2B valuation to enhance organizing the web for AI agents. The company serves search capabilities to major players like Cursor, Cognition, and Openrouter, as well as over 5000 companies and 500k+ developers. It excels in key verticals like coding, company analysis, and people insights, with plans to expand further soon. Leveraging proprietary search stack technology, Exa builds web agents optimized for high performance and low latency, all while improving RAG quality. This funding allows Exa to innovate its AI-driven search and impact global information accessibility.