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Emergent Ventures leads $2.7 Mn round in Astra Security

EntrackrEntrackr · 11m 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.

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

EntrackrEntrackr · 54m 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.

Google’s AI Futures Fund backs Mukund Jha’s Emergent

EntrackrEntrackr · 1m ago
Google’s AI Futures Fund backs Mukund Jha’s Emergent
Medial

Snippets Google’s AI Futures Fund backs Mukund Jha’s Emergent AI-led software creation startup Emergent has raised a strategic investment from Google AI Futures Fund. The funding is part of Google’s AI Futures Fund, launched in May 2025 to support early-stage AI companies with capital. The development comes soon after Emergent’s $23 million in Series A funding led by Lightspeed, with participation from Together Fund and others. The new funding will be used to speed up hiring, product development, and global expansion, Emergent said in a press release. It also plans to use Google’s AI infrastructure and models to improve agent performance, product reliability, and platform scale as demand grows across global markets. Emergent said that it is expanding its presence among freelancers, startups, and side-hustle founders who need fast software deployment without engineering teams. Founded in 2025 by Mukund Jha (former co-founder of Dunzo) and his brother Madhav Jha, Emergent allows users to convert ideas into production-grade applications using autonomous AI agents, removing the need for developers or technical co-founders. The platform targets entrepreneurs, small businesses, creators, and solo founders who want to build software without coding skills. The startup claims it has crossed 2.5 million users globally within five months of launch and has surpassed a $25 million annual recurring revenue (ARR) run rate.

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