AI Funding Surge: Factory, Temporal and European Startups Draw Fresh Capital

Temporal raised $550 million in Series E funding at a $12.55 billion valuation, Ventureburn reported. Lightspeed led the round, with Wellington Management and Goldman Sachs Alternatives co-leading and Tiger Global joining as a lead investor. Returning backers included Andreessen Horowitz, Sequoia, Index Ventures and GIC. The company said its annualised revenue run rate recently passed $250 million, with revenue up more than 200% year-over-year. Temporal offers an open-source platform built around its Durable Execution technology, which preserves application state during failures so long-running workflows can resume reliably. The company said Temporal Cloud processed more than 1.9 trillion actions in August.

Artificial Intelligence Underwriting Company (AIUC) raised $40 million in Series A funding, led by Ribbit Capital with participation from First Harmonic, bringing its total funding to $55 million after an earlier $15 million seed round led by NFDG. AIUC has developed AIUC-1, an industry-driven standard that assesses the security, safety and reliability of AI agents, testing against risks such as jailbreaks, prompt injection and hallucinations across roughly 5,000 risk and attack combinations. Agents receive independent audits and are recertified quarterly. Companies carrying the AIUC-1 trust mark include Cursor, ElevenLabs, Harvey, KPMG, Lovable, UiPath and Fin.

European rounds in Bucharest and London

Bucharest-based Veridion, formerly Soleadify, raised €17.5 million ($20 million) in Series A funding led by Hoxton Ventures, with participation from existing investors including Underline Ventures, OTB Ventures, Gapminder, Day One Capital and Launchub. Founded in 2019, the company maintains an AI-powered, continuously updated digital replica of the world's 642 million businesses across 249 countries, resolving each into a structure of legal registrations, operating locations and corporate hierarchy with 461 attributes per company. Co-founder and CEO Florin Tufan said the investment would allow the firm to accelerate product development, grow its team and expand internationally, according to EU-Startups.

London-based Jack & Jill raised €34.68 million ($40 million) in a Series A round led by Air Street Capital, with new investors Madrona and Antler joining alongside existing backers including Creandum, Ada Ventures and Entrepreneurs First. Founded in March 2025 by Matt Wilson and Saaras Mehan, the company runs two AI agents on opposite sides of the hiring process: Jack works for job seekers through voice conversations resembling career coaching, while Jill works for employers, reading job descriptions and researching hiring companies. EU-Startups reported that users have logged 12,000 hours talking to Jack in recent months, with one person calling 144 times.