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Khosla Ventures backs Synthetic with $10M for an autonomous AI bookkeeper after Bench Accounting collapse

Khosla Ventures backs Synthetic with $10M for an autonomous AI bookkeeper after Bench Accounting collapse

Ian Crosby, reeling from Bench Accounting’s 2024 shutdown and sale for scraps, is raising $10 million for a new venture called Synthetic. The company aims to deliver a fully autonomous AI bookkeeper for startups, producing accrual-based financials without human involvement. Though the product is still in design and Crosby admits it may not yet be technically possible, Khosla Ventures is leading the Seed round, arguing that founders can grow from past failures.

Summarised by Beize from a story on TechCrunch on 14 May 2026
Voi founders’ AI startup Pit lands a16z lead in 16 million seed

Voi founders’ AI startup Pit lands a16z lead in 16 million seed

Pit, an AI startup launched by former founders of European scooter giant Voi, is drawing major momentum from Silicon Valley. Backed by a16z, Pit has become the latest Stockholm rising star, with the firm reportedly leading the startup’s $16 million seed round. The funding signals growing investor interest in European AI teams with real-world operational experience.

Summarised by Beize from a story on TechCrunch on 7 May 2026

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Former DeepMind cofounder startup raises record 1.1 billion seed funding in Europe

Former DeepMind cofounder startup raises record 1.1 billion seed funding in Europe

Ineffable Intelligence, co-founded by former DeepMind researcher David Silver, has raised an eye-popping $1.1 billion in seed funding—reportedly the largest seed round in Europe to date. The round drew major backing from Sequoia Capital and Lightspeed, signaling extraordinary investor confidence in next-generation AI and research-driven product ideas.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Indian startups raise just 39 Mn as funding hits 2026 low this week

Indian startups raise just 39 Mn as funding hits 2026 low this week

Indian startups pulled in $39 million across 15 deals between April 20 and 24, down 35% from $60 million the previous week. It’s the lowest weekly funding total in 2026 so far. Media and entertainment led with LightFury Games’ $11 million, while AI drew the most deals. Despite the slowdown, seed funding jumped sharply to $17.8 million.

Summarised by Beize from a story on Inc42 on 25 Apr 2026
Alaya By Stage3 bags seed funding to scale AI driven ethnic wear growth in India

Alaya By Stage3 bags seed funding to scale AI driven ethnic wear growth in India

Alaya By Stage3, an Indian ethnic wear brand, has secured seed funding aimed at expanding operations and strengthening its supply chain. The company plans to integrate AI to improve efficiency across key processes while scaling faster. With a target of Rs 50 crore annual recurring revenue in two years, it also signals a larger institutional funding round later this year.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
IPF raises Rs 3.2 crore seed funding to scale peer to peer kids resale

IPF raises Rs 3.2 crore seed funding to scale peer to peer kids resale

Bengaluru startup IPF, a peer to peer marketplace for preloved kids’ products, has raised Rs 3.2 crore in seed funding led by Titan Capital. Founded by IIT Roorkee alumni, the company says it will use the round to strengthen technology, enhance trust and safety, and broaden access for more parents across India.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Be Clinical raises 6 crore seed funding to target India skin science gap

Be Clinical raises 6 crore seed funding to target India skin science gap

Be Clinical has raised Rs 6 crore in seed funding as it builds clinically validated formulations designed specifically for Indian skin. The brand is positioning its science-driven approach to close a perceived market gap, aiming to translate clinical validation into everyday skincare products. The round signals investor interest in evidence-led beauty and dermatology-focused consumer brands.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
SteamPRO secures Rs 3.8 crore seed to bring spa grade steam showers home

SteamPRO secures Rs 3.8 crore seed to bring spa grade steam showers home

SteamPRO has raised Rs 3.8 crore in seed funding to roll out spa-grade steam showers for premium homes. The startup’s pitch focuses on rejuvenation benefits while highlighting sustainable water usage, aiming to upgrade home wellness without compromising efficiency. The fresh capital is expected to accelerate product development and market entry.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vibrium raises 1 million seed round to turn AI agents into enterprise delivery

Vibrium raises 1 million seed round to turn AI agents into enterprise delivery

Enterprise AI platform Vibrium has raised a $1 million seed round to strengthen its product development and AI agent framework. The company says its goal is to close the gap between what AI can do in tests and what enterprises can actually deploy, helping move customers from experimentation toward real business execution.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Mave Health raises 2.1 million seed for wearable brain stim device

Mave Health raises 2.1 million seed for wearable brain stim device

Mave Health has raised $2.1 million in a seed round to build a wearable headset aimed at mental health and cognitive performance. The device uses transcranial direct current stimulation (tDCS). The company says early users have reported notable improvements in productivity alongside reduced stress, positioning the startup at the intersection of mental wellness and neurotech.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Gaming startup Spill Games secures 3.1 million seed funding to scale profitable titles

Gaming startup Spill Games secures 3.1 million seed funding to scale profitable titles

Bengaluru-based gaming startup Spill Games has raised $3.1 million in seed funding from Centre Court Capital and PeerCapital. Backed by former PlaySimple Games executives, the company plans to use the money for user acquisition and to build a more diversified portfolio of profitable titles as it scales its game offerings.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Weight loss startup Elevate Now lands Rs 18 crore seed funding to upgrade tech and research

Weight loss startup Elevate Now lands Rs 18 crore seed funding to upgrade tech and research

Weight loss platform Elevate Now has raised Rs 18 crore in seed funding, aiming to strengthen its technology and research capabilities. The fresh capital is expected to support product improvements and help the startup develop more effective approaches in the health and weight management space.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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