AI Business Weekly: Tines’ $125M Round, QuEra’s $230M Funding, & AI Stock Market Moves (Feb 11, 2025)

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AI investments continue at a rapid pace, with Goldman Sachs leading a $125M round for Tines, Harrison.ai securing $112M to enhance AI-driven medical imaging, and QuEra Computing closing a $230M funding round to advance quantum computing. Meanwhile, OpenGov’s acquisition of Ignatius highlights AI’s growing role in public sector transformation, and Akamas is expanding into the U.S. with €9.6M to optimize cloud performance.

Today’s edition covers seven major AI funding rounds, strategic acquisitions, and the latest AI stock market movers after market close.

Today’s Highlights

Tines Secures $125 Million Led by Goldman Sachs

Tines, a software startup specializing in automation, has raised $125 million in a funding round led by Goldman Sachs, boosting its valuation to $1.13 billion, a significant increase from $600 million last year.
👤 Connect with Eoin Hinchy, Co-founder & CEO
👤 Connect with Thomas Kinsella, Co-founder & CCO
🔗 Read more

Noxus Raises £1.2 Million in Pre-Seed Funding

London-based Noxus has secured £1.2 million to scale its platform, which assists businesses in deploying AI 'co-workers' to automate repetitive workplace tasks.
👤 Connect with João Pedro, Founder & CEO
🔗 Read more

WideBot AI Raises $3 Million in Pre-Series A Round

Riyadh-based WideBot AI has raised $3 million in a pre-Series A investment round led by Keheilan Asset Management II, Enza Capital, and others, supporting its expansion in AI-powered conversational platforms.
👤 Connect with Mohamed Nabil, Founder & CEO
🔗 Read more

Harrison.ai Secures $112 Million in Series C Funding

Australian health tech startup Harrison.ai has raised $112 million in a Series C round to further develop its AI-powered medical imaging solutions, designed to enhance diagnostics in detecting serious diseases.
👤 Connect with Aengus Tran, Co-founder & CEO
🔗 Read more

QuEra Computing Closes $230 Million Funding Round

Quantum computing startup QuEra Computing has raised $230 million, with investments from Google's Quantum AI unit and SoftBank Vision Fund, further advancing neutral-atom quantum computing.
👤 Connect with Mikhail Lukin, Co-founder
👤 Connect with Vladan Vuletić, Co-founder
🔗 Read more

Akamas Secures €9.6 Million for U.S. Expansion

Milan-based Akamas has raised €9.6 million to expand into the U.S. market and establish its first office in Boston, where it will scale its AI-driven cloud optimization solutions.
👤 Connect with Luca Forni, Co-founder & CEO
🔗 Read more

OpenGov Acquires Ignatius

OpenGov, a leader in AI-enabled software for local and state governments, has acquired Ignatius, a low-code platform that automates public sector workflows. This marks OpenGov’s 10th acquisition as it expands its AI-driven government solutions.
👤 Connect with Zac Bookman, CEO of OpenGov
🔗 Read more

📈 AI Stock Market Update (February 11, 2025)

After market close, here are today’s top AI stock movers:

AI Gainers

• Cognex Corp (CGNX): +0.43% ($39.62) – Strong earnings from AI automation growth

AI Decliners

• Nvidia (NVDA): -0.56% ($132.80) – Market correction after recent highs

• BigBear.ai (BBAI): -8.26% ($8.00) – Volatility in AI-driven defense analytics

• SoundHound AI (SOUN): -9.95% ($13.81) – Pullback after recent rally

• C3.ai (AI): -8.86% ($31.98) – Post-earnings volatility

• Palantir (PLTR): -3.45% ($112.62) – Market correction despite AI expansion

📉 Market trends: AI stocks faced a mixed day, with some corrections after recent gains. Investor focus remains on AI infrastructure demand and upcoming earnings reports.

📢 AI Continues to Reshape Industries

AI funding continues to surge, with Tines securing $125M, QuEra Computing raising $230M, and Harrison.ai’s $112M Series C highlighting the momentum in AI-driven automation, quantum computing, and healthcare applications.

Meanwhile, acquisitions in AI-powered government tech and cloud optimization signal further industry consolidation. As AI investment surged 62% to $110B last year, the trend shows no signs of slowing down.

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