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Emergent Ventures leads $2.7 Mn round in Astra Security

EntrackrEntrackr · 12m ago
Emergent Ventures leads $2.7 Mn round in Astra Security
Medial

Snippets Emergent Ventures leads $2.7 Mn round in Astra Security Security platform Astra Security has raised $2.7 million in a growth capital round led by Emergent Ventures, along with participation from the Neon Fund, Better Capital, Blume Ventures, and PointOne Capital. The fresh funds will be utilized to accelerate development, enhance capabilities to uncover vulnerabilities in cloud environments, and double down on its focus on using AI to enable developers and security engineers to build security detections, Astra said in a press release. Co-founded in 2018 by Shikhil Sharma and Ananda Krishna, Astra Security is a cybersecurity SaaS company that simplifies otherwise chaotic penetration testing with its Pentest Platform. The company’s AI-powered offensive vulnerability scanning engine emulates hacker behavior to scan applications for over 10,000 security tests. The platform helps businesses fix vulnerabilities in record time and transition from DevOps to DevSecOps with its CI/CD integrations. Last year, Astra reported uncovering nearly 5,500 vulnerabilities per day for its customers with its AI-powered pentest platform. This number is expected to increase threefold by the end of the year. More than 25% of its customers were mid-sized and large companies, including Loom, HackerRank, ITC, Olx Autos, Mamaearth, Muthoot Finance, Bonusly, Singapore Trade Exchange, Oscilar, the University of Cambridge, CompTIA, and Prime Healthcare. Astra claims that over 800 engineering teams across 70+ countries use its AI-powered platform, which continuously mimics hacker behavior to check applications for vulnerabilities through fast detections. This includes PTaaS (Penetration Testing as a Service), a DAST vulnerability scanner, and an API Security Platform, all working together to detect over 13,000 vulnerabilities. Last year, Astra helped its customers discover and prioritize the remediation of over two million vulnerabilities, saving them more than $69 million in potential losses due to security threats.

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Vibe coding startup Emergent raises $70 Mn led by Khosla Ventures and SoftBank

EntrackrEntrackr · 15d ago
Vibe coding startup Emergent raises $70 Mn led by Khosla Ventures and SoftBank
Medial

AI software creation platform Emergent has raised $70 million in a Series B funding round led by Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Lightspeed, Together, and Y Combinator. With this round, the company has raised a total of $100 million within seven months of launch. The Series B comes less than three months after Emergent’s $23 million Series A round led by Lightspeed, underscoring the pace at which the company has scaled. The investment also marks SoftBank’s return to AI-focused investments in India. The fresh capital will be deployed towards team expansion, faster product development, and entry into new markets. As demand rises for AI-powered tools that simplify and accelerate software creation, Emergent is scaling its platform to support a growing global user base building and monetizing applications without traditional technical constraints. Founded in 2025 by former Dunzo co-founder Mukund Jha and his brother Madhav Jha, Emergent offers an AI-led platform that enables users to build full-stack, production-ready web and mobile applications using autonomous agents. The platform manages the entire development lifecycle, from design and testing to deployment and scaling, while also offering built-in monetization through integrated billing partners such as Stripe. Emergent claims to have scaled its annual recurring revenue from $100,000 at launch to $50 million within seven months. The company is targeting to cross $100 million in ARR by April 2026 and currently has more than 5 million users across over 190 countries, with adoption driven largely by entrepreneurs and small businesses building and launching commercial software products.

UptimeAI raises $14 Mn in Series A round

EntrackrEntrackr · 1y ago
UptimeAI raises $14 Mn in Series A round
Medial

Artificial intelligence startup UptimeAI has raised $14 million in its Series A funding round led by WestBridge Capital. The round also saw participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures. UptimeAI will use the proceeds to scale up its tech platform, expand product portfolio and presence in North America, Middle East and Asia. The company has bases in Bengaluru and San Francisco as well. Five-year-old UptimeAI creates AI-based solutions that help plant operators maximise efficiency and reliability. As per the company, its team has core competency in areas including power, oil and gas, chemicals, metals, and aerospace among others. UptimeAI’s four modules include – connect the dots, no code predictive alerts, inferencing engine for prescriptive actions, and continuous self-learning. It has a patented system and method for monitoring complex structures to identify the root cause of inefficiencies. In September last year, Bharat Petroleum Corporation Limited (BPCL) tied up with UptimeAI to optimize operational efficiency. Led by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI was one of the selected startups in the YourNest SOAR Program. In February 2021, UptimeAI also raised $1.5 million in seed funding from YourNest Venture Capital and angel investors. UptimeAI competes with Tiger Global-backed Infinite Uptime, which raised $18.85 million in a round in May last year. Other global competitors include Sight Machine , Prospection SparkCognition, and Augury.

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