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AI Startups and Insurtech Giants: Major Funding Rounds Shake Up the Tech Industry
Simply Startups
9 minutes 8 seconds
5 months ago
AI Startups and Insurtech Giants: Major Funding Rounds Shake Up the Tech Industry
In today's episode, we delve into the tech industry's latest financial movements. Former OpenAI employees are launching new AI startups, while Shield Technology Partners secures over $100 million in seed funding, marking one of the largest rounds of the year. We also explore bolttech's impressive $147 million Series C funding round, which boosts its valuation to $2.1 billion. Join us as we discuss the implications of these investments and what they mean for the future of AI and insurtech.Sources:https://www.mondaq.com/unitedstates/fund-management-reits/1633934/space-business-review-may-2025https://techstartups.com/2025/06/05/top-10-startup-and-tech-funding-news-june-5-2025/https://www.milbank.com/en/news/space-business-review-may-2025.htmlhttps://spacetech.dealroom.co/companies/shield_aihttps://startupgeek.com/blog/recently-funded-startups/https://www.insurancebusinessmag.com/asia/news/technology/bolttech-seals-new-funding-with-global-investor-support-538166.aspxhttps://technode.global/2025/06/05/singapores-bolttech-closes-series-c-fundraise-at-147m/https://www.dealstreetasia.com/stories/bolttech-series-c-round-444682https://traded.co/vc/deal/bolttech-secures-147-million-in-series-c-funding-round-from-investors-including-dragon-fund-and-baillie-gifford/https://insnerds.com/news/bolttech-closes-series-c-147m-2-1b-valuation-embedded-insurance-offerings?hsLang=en
Simply Startups
Every day, a team of AIs deliver simply, straightforward news from the world of startups.
