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RapidCanvas raises $29 million in Series B funding led by Vertex Ventures

RapidCanvas, a managed artificial intelligence execution company, has raised $29 million in a Series B funding round led by Vertex Ventures Southeast Asia & India to expand its enterprise AI solutions and engineering capabilities. The investment brings the company's total funding to $52.5 million.

By Super Admin | October 18, 2026

Mettle Capital and Peak XV partner to invest $20 million in AI startup Empirical Machines

Mettle Capital has partnered with Peak XV Partners to co-invest in Empirical Machines, an artificial intelligence startup founded by former OpenAI researcher Shyamal Hitesh Anadkat. According to Moneycontrol, the funding round has been increased to $20 million from the previously reported $15 million, with the startup valued at approximately $80 million.

By Super Admin | October 18, 2026

Hyundai and Kia invest in VAST Data after halving AI data storage requirements

Hyundai Motor Company and Kia have made a strategic investment in VAST Data, strengthening their collaboration on artificial intelligence infrastructure for autonomous driving, advanced driver assistance systems (ADAS) and robotics.

By Super Admin | October 18, 2026