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- $10B for Anthropic, Meta's Midjourney Pact & Netskope's IPO! 🚀
$10B for Anthropic, Meta's Midjourney Pact & Netskope's IPO! 🚀
Seed Radar
August 26, 2025
Issue #29 • August 26, 2025
Hey SeedRadar Squad! This week, AI leader Anthropic is reportedly in talks to raise a potential mega-round, an amount that would escalate the AI funding wars. At the same time, Meta has announced a new partnership with Midjourney to deepen its integration of advanced generative AI, while Crusoe is in talks to raise over a billion dollars for its clean-powered data centers.
The market is also showing clear signs of revival, with Netskope filing for an IPO. Beyond these headlines, we feature our Startup Pick, Cactus, which uses an intelligent voice agent to help small businesses with lead qualification. Funding is also flowing into diverse sectors, from biotech and food tech to platforms using stablecoins and AI for embedded fintech.
📈 Important News of the Week!
• Anthropic is reportedly in discussions to raise up to $10 billion in a new funding round, doubling its initial target of $5 billion due to overwhelming investor demand. This potential mega-round would significantly escalate the AI funding wars and provide Anthropic with massive resources to compete with rivals like OpenAI. - Read More
• Meta has announced a new partnership with Midjourney, the popular AI image generation startup. The collaboration comes as Meta has been actively pursuing partnerships, acquisitions, and licensing deals with other startups in the AI-generated video space. This move signals a deeper integration of advanced generative AI into Meta's platforms. - Read More
• Crusoe is in talks to raise over $1 billion in a new funding round. The potential investment would value the company at around $10 billion. The funding is aimed at scaling its clean-powered data centers, which are in high demand due to the energy-intensive needs of the AI industry. - Read More
• Netskope has officially filed for an Initial Public Offering, becoming the latest major enterprise software firm to prepare for a public market debut. The filing revealed that the company's sales grew 31% to $171 million in the quarter ending in July. The move is a significant indicator of the reviving IPO market for high-growth tech companies. - Read More
💰 Hot Funding Rounds You Missed!
• Arnatar Therapeutics ($52M) -A clinical-stage biotech developing new RNA-based therapies, including a lead candidate for the rare genetic disease Alagille syndrome. - Read More • Pylon ($31M) -A B2B support platform for post-sales teams that consolidates tools for ticketing, omnichannel integrations, and AI support into one system. - Read More • The Better Meat Co. ($31M) -A food tech company that uses fermentation to create Rhiza mycoprotein, an all-natural, whole-food ingredient for meat enhancement and plant-based alternatives. - Read More • Method AI ($20M) -A Boston-based medical technology company focused on improving oncology outcomes through an image-guided surgical navigation platform that uses 3D ultrasound and AI. - Read More
🌱 The Next Big Thing: Our Startup Pick!
🎯 This Week's Emerging Star: Cactus
Cactus is a new startup that's making some serious noise in the AI and small business space by tackling one of the biggest headaches for entrepreneurs: managing inbound leads without missing a beat.
So what's their big idea? Cactus provides businesses with a 24/7 AI assistant named PAM that runs on autopilot. We aren't talking about a simple chatbot that gets stuck on basic questions. PAM is an intelligent voice agent that instantly calls new leads, engages them in natural, human-like conversations, and asks all the right qualifying questions about their budget, needs, and urgency. It even scores the lead and sends a full transcript to the business owner.
Everyone who runs a business knows the pain of a missed call turning into a lost customer, or spending hours on follow-ups instead of doing the actual work. That's exactly what Cactus is trying to fix. They are betting that an AI assistant can be so effective at instantly engaging and qualifying every single lead that it completely eliminates the risk of letting opportunities slip through the cracks. It is a bold goal to put a business's growth on autopilot, and that makes Cactus a company worth watching very closely.
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📝 Headline's AI-Native Series A Pitch Deck Template (2025)
A state-of-the-art guide and Google Slides template designed specifically for AI startups in the post-GPT era. It moves beyond outdated SaaS templates to help founders articulate their unique AI value proposition, competitive moat, and sophisticated tech stack, reflecting the new realities of the 2025 fundraising landscape.
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