AI Startup Funding Roundup: OpenEvidence Hits $1B Valuation, Baseten Raises $75M

Welcome

AI investments remain strong across healthcare, finance, and infrastructure, with startups securing major funding rounds to scale their innovations. From AI-powered healthcare decision-making to automated accounting and sustainable food technology, today’s edition covers some of the biggest funding news shaping the AI landscape. As venture capital continues to pour into AI-driven solutions, companies are rapidly advancing their technology to meet growing industry demand.

Today’s Highlights

OpenEvidence Raises $75M at $1B Valuation for AI-Powered Healthcare

AI healthcare startup OpenEvidence has secured a $75 million investment from Sequoia, valuing the company at $1 billion. OpenEvidence is focused on using artificial intelligence to enhance medical decision-making and streamline clinical workflows, making it easier for doctors and healthcare providers to access reliable insights. This funding round positions the company among the leaders in AI-driven healthcare innovation.
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Stacks Secures $10M for AI Accounting from General Catalyst & EQT

Stacks, an Amsterdam-based AI-powered accounting platform founded by a former Uber employee, has raised $10 million across two funding rounds. The startup specializes in AI agents that automate financial workflows, reducing manual accounting processes. Its latest $7 million round was led by General Catalyst, following a previously undisclosed $3 million pre-seed round from EQT Ventures. With this investment, Stacks aims to expand its AI-driven financial automation tools for businesses.
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SiliconFlow Raises $14M to Advance AI Infrastructure in China

Chinese AI startup SiliconFlow has raised 100 million yuan ($14 million) in a Pre-A funding round led by China Growth Capital, with additional backing from Puhua Capital and Meituan. The company is focused on AI infrastructure development, helping businesses optimize and scale their AI operations. As China continues to strengthen its AI capabilities, this investment signals a growing focus on improving the country’s AI ecosystem.
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MOA Foodtech Secures $15.4M for AI-Driven Sustainable Proteins

Spanish AI-powered fermentation startup MOA Foodtech has received €14.8 million ($15.4 million) from the European Innovation Council to develop high-value protein ingredients from food waste. By using AI to optimize fermentation processes, the company is working toward a more sustainable food system. The investment will help MOA Foodtech scale its production and expand into new markets focused on alternative protein solutions.
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Baseten Raises $75M to Expand AI Cloud Services

Baseten, an AI cloud infrastructure company, has raised $75 million in a new funding round, bringing its valuation to $825 million. The startup specializes in running artificial intelligence models on cloud infrastructure, enabling companies to deploy and scale AI applications more efficiently. Over the past fiscal year, Baseten has seen a sixfold increase in revenue, reflecting the growing demand for AI-powered computing solutions.
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📢 AI Continues to Dominate Investment Trends

AI investment activity remains strong across key sectors, with funding pouring into healthcare, finance, cloud infrastructure, and sustainability. OpenEvidence’s $1 billion valuation highlights the growing role of AI in medical decision-making, while Stacks and SiliconFlow demonstrate how AI is transforming accounting and infrastructure. Meanwhile, MOA Foodtech’s success underscores AI’s potential to drive sustainable innovation in food technology. As we move deeper into 2025, the focus on AI-driven automation, efficiency, and scalability continues to attract major investor interest.

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