Top Startup and Tech Funding News – May 28, 2025
Summary
This article rounds up multiple startup and tech funding announcements from May 28, 2025. Several software vendors raised capital to expand products, hire teams, and accelerate go-to-market efforts, including Cerby, Chalk, Conduit, Rillet, Horizon3.ai, AssistIQ, and Context. The list also includes non-ISV companies in biotech, medical devices, and space technology, but the overall piece is a funding news digest. Cerby, Rillet, Horizon3.ai, AssistIQ, and Context are especially relevant to enterprise software buyers because they are expanding platforms that address identity security, accounting automation, cybersecurity testing, hospital operations, and AI productivity.
Funding
Amount
$650.0M
Total raised
Date
May 27, 2025
Announcement date
Investors
Xfund, Golden Ventures, Sound Ventures, Battery Ventures, Altos Ventures, Sequoia Capital, Bowery Capital, Salesforce Ventures, pi Ventures, Helios Capital, Susa Ventures, Creandum, Techstars, Kensington Capital, Ridge Ventures, Two Sigma Ventures, Commerce Ventures, Digital Currency Group, Okta Ventures, General Catalyst, Lux Capital, Tamarind Hill, New Enterprise Associates, Voima Ventures, Qualcomm Ventures, First Round Capital
Lead investors
Company
https://www.neuralink.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
Enterprise Resource Planning (ERP) Software
Financial Software
Accounting Software