AI Business Weekly: Funding Updates for Wednesday, January 29, 2025

There’s a reason 400,000 professionals read this daily.

Join The AI Report, trusted by 400,000+ professionals at Google, Microsoft, and OpenAI. Get daily insights, tools, and strategies to master practical AI skills that drive results.

Sign up now for free and work smarter, not harder.

Welcome

The AI industry continues to surge forward with massive investments and strategic acquisitions. Startups across cybersecurity, legal AI, CAD automation, healthcare, and autonomous vehicle inspection have secured significant funding to scale their innovations.

Meanwhile, major acquisitions are shaping the AI landscape, with companies expanding their AI-driven capabilities into security, analytics, and even music AI.

Here’s a roundup of today’s biggest funding and acquisition moves in AI:

Today’s Highlights

💰 Hestus Secures $1.5M Seed Round to Streamline CAD Workflows with AI

Hestus, a Y Combinator S24 startup, raised $1.5 million in seed funding led by Liquid2 and Rock Yard Ventures to automate repetitive CAD tasks and boost engineering efficiency. Additional investors include Kyle Vogt (Cruise, Twitch) and Eric Migicovsky (Pebble, YC).
🔗 Read more

⚖️ Paxton AI Lands $22M Series A to Revolutionize Legal Workflows

Paxton AI secured $22 million in Series A funding, led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and WVV Capital. The AI-powered legal assistant aims to automate complex legal tasks and allow professionals to focus on strategic work.
🔗 Read more

🛡️ Conifers.ai Raises $25M to Tackle SOC Challenges with AI

Cybersecurity startup Conifers.ai raised $25 million to enhance security operations center (SOC) efficiency through its AI-native platform.
🔗 Read more

🚗 UVeye Secures $191M to Expand AI-Powered Vehicle Inspections

UVeye, a leader in AI-driven vehicle inspection technology, secured $191 million in new funding, bringing its total capital raised to $380.5M. The funding will help UVeye scale global operations as it nears 1 million vehicle scans per month.
🔗 Read more

🏥 Waterlily Secures $7M to Forecast Long-Term Care Needs with AI

AI-powered long-term care (LTC) planning startup Waterlily raised $7 million in a seed round led by Brewer Lane Ventures, with support from Genworth, Nationwide, and Edward Jones. The company uses AI to predict LTC needs decades in advance.
🔗 Read more

📹 Metropolis Acquires AI Analytics Firm Oosto

AI-powered checkout-free payments provider Metropolis acquired Oosto, a company specializing in AI-driven security and video analytics. The move will expand Metropolis’ AI security capabilities.
🔗 Read more

🎵 AIBiotics to Acquire Music AI Startup DigiTrax in $40M Deal

AIBiotics signed a $40 million letter of intent to acquire DigiTrax Entertainment, a music AI innovator with seven patents and a $9 million music catalog.
🔗 Read more

📢 The AI Funding Landscape is Moving Fast!

With today’s major funding rounds and acquisitions, it’s clear that AI innovation is accelerating at an unprecedented pace. From cybersecurity to autonomous inspections and legal automation, investors are doubling down on AI-driven efficiency, security, and automation.

We’ll be back tomorrow with more funding and acquisition highlights—stay ahead of the AI revolution with AI Business Weekly!