Morning VC Brief丨2025.08.05

Week32 Highlights丨Fal.ai, Anaconda, OpenMind, Cline, Fundamental Research Labs, Pantomath, Augmodo, Deep Cogito

Author

eric gu
August 05, 2025

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Table of Contents

01. Venture News

1/ Generative Media Platform fal.ai raised $125M Series C

  • Product: High-speed infrastructure platform for deploying and running AI-generated media models (images, videos, and other generative content)

  • Highlight: 60x revenue growth in the last 12 months; positioned as the speed leader in generative media inference

  • Investor: Meritech (Lead), Salesforce Ventures, Shopify Ventures

  • Source

2/ Python Distribution Platform Anaconda raised $150M Series C

  • Product: Standardized Python distribution platform and AI development ecosystem for enterprise-grade data science and AI applications

  • Highlight: $150M+ annual recurring revenue, 21 billion downloads, 50+ million users, 95% of Fortune 500 companies as customers; newly launched Anaconda AI Platform and Databricks partnership

  • Investor: Insight Partners(Lead), Mubadala Capital

  • Source

3/ Decentralized Robotics Platform OpenMind raised $20M Series A

  • Product: OM1 hardware-agnostic operating system and FABRIC decentralized coordination protocol to connect and coordinate intelligent machines across different manufacturers

  • Highlight: Building "Android for robots" to enable cross-vendor robot collaboration

  • Investor:Pantera Capital(Lead), Coinbase Ventures, Ribbit

  • Source

4/ Open-Source AI Coding Agent Cline raised $32M Series A & Seed

  • Product: Open-source AI coding agent with transparent pricing model and enterprise platform Cline Teams for large-scale software development

  • Highlight: 2.7 million developer installations, used by Fortune 500 companies like Samsung and SAP

  • Investor: Emergence Capital(Lead), Pace Capital, 1984 Ventures

  • Source

5/ Applied AI Research Lab Fundamental Research Labs raised $33M Series A

  • Product: Multi-vertical AI agent platform developing consumer assistant Fairies and spreadsheet-based agent Shortcut for financial analysis and productivity applications

  • Highlight: founded by former MIT faculty Dr. Robert Yang; plans to expand into robotics and physical embodiment

  • Investor: Prosus (Lead), Stripe co-founder Patrick Collison

  • Source

6/ AI Data Operations Platform Pantomath raised $30M Series B

  • Product: Automated data operations platform with AI DRE (Data Reliability Engineer) agents that provide real-time monitoring, cross-platform lineage, and autonomous incident resolution for enterprise data pipelines

  • Highlight: Supports Fortune 500 companies with mission-critical analytics pipelines; reduces data issue resolution time from hours/weeks to minutes

  • Investor: General Catalyst (Lead), Sierra Ventures, Bowery Capital

  • Source

7/ Spatial AI Retail Startup Augmodo raised $37.5M Series A

  • Product: Real-time inventory and task tracker using wearable SmartBadges™ that create live 3D store maps with spatial AI assistants to help retail associates with restocking, ordering, and compliance

  • Highlight: SmartBadges collect 10x more frequent data than alternatives at 100x lower cost; customer Chemist Warehouse invested in the business after pilot success; plans to scale to 1,000+ stores in 18 months

  • Investor: TQ Ventures(Lead), Lerer Hippeau

  • Source

8/ AI Model Startup Observability Deep Cogito raised $13M Seed

  • Product: Developing advanced open-source hybrid-reasoning language models with iterative policy improvement for scalable self-improvement AI systems

  • Highlight: Launched Cogito v1 Preview in April; released four new advanced models including 70B dense, 109B MoE (small models) and 405B dense, 671B MoE (large models); focuses on iterative policy improvement for building better intelligence

  • Investor: Benchmark(Lead)

  • Source