Revolut nears $3B funding round at $75B valuation; Jabbr.ai raises €4.3M seed for AI martial arts platform
Key Takeaways
- Revolut nears $3B funding round, valuing the company at $75B without bankers.
- Jabbr.ai raises €4.3M seed for DeepStrike, an AI-powered martial arts platform.
- AI music startup Suno Inc. seeks $100M+ at $2B+ valuation amid legal talks.
- DigAÍ launches Global Talent Bank with 700M+ AI-mapped profiles based on competencies.
- Encube raises $23M for AI platform reshaping hardware development by avoiding manufacturing complexity.
Top Stories
Revolut nears $3B funding round, valued at $75B.
On October 17, 2025, Revolut Ltd. is nearing the completion of a $3 billion fundraising round that values the company at $75 billion. The company managed the oversubscribed round without bankers.
Jabbr.ai raises €4.3M seed for AI-powered martial arts platform.
On October 16, 2025, Danish AI startup Jabbr.ai announced it has raised €4.3 million in seed funding. The company's computer vision AI, DeepStrike, aims to revolutionize martial arts.
AI music startup Suno Inc. seeks $100M+ at $2B+ valuation.
On October 17, 2025, AI music generator Suno Inc. entered into funding talks to raise over $100 million at a valuation exceeding $2 billion. The company is also in discussions with major record labels to settle legal disputes.
DigAÍ launches Global Talent Bank with 700M+ AI-mapped profiles.
On October 16, 2025, DigAÍ launched its Global Talent Bank, featuring over 700 million profiles mapped by skills and AI. The platform focuses on competencies rather than job titles.
Encube raises $23M to reshape hardware development with AI.
On October 16, 2025, Stockholm-based Encube emerged from stealth with $23 million in funding. Encube's AI-driven platform helps hardware teams identify and avoid design choices that create manufacturing complexity.
Executive Moves
CoreWeave appoints Jon Jones as first chief revenue officer.
On October 16, 2025, CoreWeave announced the appointment of Jon Jones as its first chief revenue officer. Jones previously headed Amazon Web Services’ global startups and venture capital business.
Funding Alert
HooLiv raises $2.7M to expand coliving in non-metro India.
On October 17, 2025, coliving startup HooLiv announced it has raised INR 24 Cr (about $2.7 Mn) in a Pre-Series A funding round. The funds will be used to expand HooLiv's presence in non-metro cities through acquisitions.
Sage Care raises $20M to streamline healthcare navigation.
On October 17, 2025, Sage Care announced it has raised $20 million in funding at a $90 million valuation. The company is building an 'air traffic control system' for healthcare.
Asymmetric Capital Partners raises $137M for Fund II.
On October 17, 2025, New York-based Asymmetric Capital Partners raised its second fund at $137 million. The firm invests $2-10 million in pre-seed to Series A startups.
Turbi secures $29M to expand Brazilian car rental fleet.
On October 17, 2025, Brazilian car-rental startup Turbi secured a 156 million-real ($29 million) local note issuance. Turbi will use the funds to expand its domestic operations.
Bessemer Venture Partners invests in European defence startups.
On October 16, 2025 Bessemer Venture Partners announced a strategic push into European defence startups. Corporate spending is moving toward AI and away from traditional cloud software.
India-Japan Fund invests $60M in EKA Mobility for EV expansion.
On October 16, 2025, the India-Japan Fund (IJF) announced a ₹500 crore investment in EKA Mobility. EKA Mobility will use the funds to expand its manufacturing capacity for electric buses.
Market Trends
India's fintech market to hit $2.1T by 2030, growing at 18% CAGR.
In 2025, India's fintech industry is projected to reach $2,148 billion by 2030, growing at an 18% CAGR. Digital lending is expected to dominate, driven by AI adoption.
Crypto SocialFi platforms empower creators; market to exceed $10B by 2033.
On October 17, 2025, Forbes reported on the rise of Crypto SocialFi and platforms like Base, Kaito Yaps, and Own.App. The SocialFi market is projected to exceed $10 billion by 2033.
Indian startups increasingly expand into global markets.
In 2025, Indian startups are increasingly expanding into global markets while maintaining a presence in India. Companies like Addverb, Servify, and Recykal are navigating complex international regulations.
Hacker hostels gaining traction in India's tech hubs.
On October 17, 2025, hacker hostels, inspired by Silicon Valley, are gaining traction in India. These hostels provide young tech builders with spaces to live and work 24/7.
Tim Draper: OpenAI is like AOL; AI hype is peaking.
On October 17, 2025, Tim Draper compared OpenAI to AOL, suggesting the AI boom is at its peak hype. He expressed regret for not investing in OpenAI early.
US companies face limited IPO window before year-end.
By mid‑October 2025, U.S. companies have only about four viable weeks to complete IPOs before year‑end. This is due to a federal shutdown, holiday closures and reporting rules, according to Wells Fargo.
Tech Innovation
Stellantis and Pony.ai to develop autonomous robotaxis in Europe.
On October 17, 2025, Stellantis and Pony.ai signed an MoU to develop and test Level 4 autonomous vehicles for robotaxis in Europe. Testing will begin in Luxembourg, with a rollout across European cities starting in 2026.
LLM.co launches Hybrid AI Infrastructure for regulated industries.
On October 17, 2025, LLM.co launched its Hybrid AI Infrastructure in Seattle-Tacoma, WA, designed for regulated industries. The system balances compliance and innovation by allowing enterprises to store sensitive data locally while leveraging cloud inference.
Medal spins out General Intuition AI lab, raises $133.7M.
On October 16, 2025, Medal spun out General Intuition, an AI research lab, securing $133.7 million in seed funding. General Intuition aims to train AI agents using video game clips to achieve spatial-temporal reasoning.
AI-created cannabis cocktail brand Eleanore to launch in 2026.
In early 2026, Jascha Kaykas-Wolff and Alexandra Roberts will launch Eleanore, a cannabis-infused cocktail brand, created with AI tools. This approach allowed them to achieve in four weeks what would have traditionally taken six months and cost $500,000.
AI Planet, InfoDrive launch UAE AI hub with €2.5M investment.
On October 17, 2025, Belgium-based AI Planet and UAE’s InfoDrive Analytics announced a joint venture backed by a €2.5 million investment. They will establish an AI and digital transformation hub in the UAE.
AI transforms supply chains, driving startup innovation.
On October 18, 2025, PitchBook released its Q4 2025 Analyst Note, detailing how Artificial Intelligence is transforming supply chains. This shift is fostering innovation and driving the emergence of new startups.
Goldman Sachs creates AI infrastructure financing team.
On 2025-10-17, Goldman Sachs announced the formation of a new team focused on financing artificial intelligence infrastructure. This includes data centers and related projects.