Berlin-based GeneralMind, founded by the team behind German unicorn Razor Group, has secured $12 million in pre-seed funding to develop its AI-driven "System of Action" for automating enterprise workflows. The platform acts as an autopilot for repetitive white-collar tasks across ERPs and email.
A newly disclosed vulnerability in Schneider Electric's Foxboro DCS, a widely used industrial control system, could allow attackers to disrupt critical infrastructure operations. The flaw, originally from Intel, affects energy and manufacturing sectors worldwide, including Australia.
Coimbatore-based Aivar has secured $4.6 million in seed funding to scale its AI-first services platform, which helps enterprises move from AI pilots to production-ready solutions. The investment will fuel expansion into the US and Middle East, targeting the gap between AI potential and execution.
Coimbatore-based Aivar has secured $4.6 million in seed funding to scale its AI-first services platform, which helps enterprises move from AI pilots to production-ready solutions. The investment will fuel expansion into the US and Middle East, targeting the gap between AI potential and execution.
Aivar, an AI services firm based in Coimbatore, India, has raised $4.6 million in a seed funding round to accelerate enterprise adoption of artificial intelligence. Founded in 2024 by four former Amazon Web Services (AWS) professionals, Aivar provides end-to-end AI implementation services, helping businesses integrate AI into core workflows. The company operates on a hybrid software and services model, offering both custom solutions and pre-built accelerators.
The Update: Aivar has secured $4.6 million in a seed funding round led by Sorin Investments, with participation from Bessemer Venture Partners. The investment will be used to expand its geographical presence in the United States and the Middle East, strengthen its engineering and research teams, and scale its go-to-market capabilities. The company, which has grown to over 100 employees, reports 2X quarter-on-quarter growth and has onboarded over 80 customers across the fintech, healthcare, retail, and logistics sectors.
Co-founder and CEO Kousik Rajendran stated the capital was raised not for survival, but to meet the accelerating pace of enterprise demand. Aivar's model focuses on moving businesses from experimental AI pilots to full-scale production deployments, addressing a critical execution gap in the market. The funding will enable the company to hire senior talent and continue developing its AI accelerators, including its conversational AI platform, Convergent, and its process automation platform, Velogent.
"Our differentiation is simple, we don’t treat AI as a pilot or a product; we embed it directly into core enterprise workflows and take responsibility for making it work in production." - Kousik Rajendran, Co-Founder and CEO, Aivar
Why it Matters: Aivar’s funding highlights a crucial shift in the enterprise AI market, moving beyond hype and experimentation towards practical, production-level implementation. Many organisations struggle to bridge the gap between successful AI pilots and integrating the technology into core, mission-critical business processes. Aivar’s service-led approach, which combines consulting with pre-built accelerators, directly targets this execution challenge.
By taking responsibility for making AI work in complex, regulated environments, the company provides a solution for businesses that lack the internal capacity to manage full-scale AI deployments. This model could accelerate broader AI adoption by de-risking the transition from small-scale tests to enterprise-wide operationalisation.
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Berlin-based GeneralMind, founded by the team behind German unicorn Razor Group, has secured $12 million in pre-seed funding to develop its AI-driven "System of Action" for automating enterprise workflows. The platform acts as an autopilot for repetitive white-collar tasks across ERPs and email.
Spangle AI, a startup founded by former Amazon and Bolt executives, has raised $15 million in a Series A round to build an agentic infrastructure for ecommerce. The platform connects AI-driven product discovery with real-time conversion.
Abu Dhabi-based Kingpin has secured US$3.5 million in seed funding to scale its AI-native SaaS platform for global B2B retail distribution. The investment will fuel expansion into Europe and North America, targeting entrenched inefficiencies in wholesale trade with intelligent automation.
New York-based AI One has raised $11M to scale its Enterprise Context Management platform, helping AI agents understand complex business environments without costly data migrations. The funding will fuel Fortune 500 expansion across finance, healthcare, and energy.
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