Morning VC Brief丨2025.09.19

Week38 Highlights丨Groq, Figure, CodeRabbit, Tabs, Console, Aleph, Doctronic, Spara

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Table of Contents

01. Venture News

1/ AI Chip Startup Groq Raises $750M at $6.9B

  • Product: Language Processing Units (LPUs) for AI inference, offering cloud services and on-premises hardware clusters that run open AI models with better performance at lower cost than GPU alternatives

  • Highlight: Powers 2M+ developers (up from 356K last year) challenging Nvidia's AI chip dominance

  • Investor: Disruptive(Lead), BlackRock, Neuberger Berman

  • Source

2/ Humanoid Robotics Startup Figure Raises $1B+ Series C at $39B

  • Product: Humanoid robots designed to work alongside humans in warehouses, factories, and other industrial settings

  • Highlight: Claims to be most "sought-after" stock on private market, focusing on scaling robot fleet and accelerating training infrastructure

  • Investor: Parkway Venture Capital (Lead), Nvidia, Intel Capital

  • Source

3/ AI Code Review Platform CodeRabbit Raises $60M Series B at $550M

  • Product: AI-powered code review platform that helps catch bugs and errors in AI-generated code, reducing human code review workload by half

  • Highlight: 20% monthly growth, $15M+ ARR, serves 8,000+ businesses including Chegg, Groupon, Mercury

  • Investor: Scale Venture Partners(Lead), NVentures, CRV

  • Source

4/ AI Finance Platform Tabs Raises $55M Series B

  • Product: AI-native platform with automated billing and collections agents that ingest contracts, generate invoices, track payments, and handle follow-ups throughout the contract-to-cash cycle

  • Highlights: 200+ customers including Cursor and Statsig, automating $1B+ annual invoice volume, 5X ARR growth, 80%+ manual task automation

  • Investor: Lightspeed(Lead), General Catalyst

  • Source

5/ AI IT Support Platform Console Raises $23M Series A

  • Product: AI-powered IT support platform that automates help desk tickets through Slack using AI agents with natural language playbooks, expanding into HR, finance, and legal support

  • Highlight: 50%+ ticket automation rate for customers like Ramp, Scale AI, Webflow, Flock Safety

  • Investor: DST Global Partners & Thrive Capital (Lead), SV Angel, Abstract Ventures

  • Source

6/ AI-Native FP&A Platform Aleph Raises $29M Series B

  • Product: AI-native financial planning & analysis platform providing single source of truth for cross-system financial data with no-code tools and bi-directional Excel/Google Sheets integration

  • Highlight: 10X growth since Series A, serves Zapier, Turo, Harvey, Chess.com

  • Investor: Khosla Ventures (Lead), Picus Capital, Bain Capital Ventures

  • Source

7/ AI Healthcare Platform Doctronic Raises $20M Series A

  • Product: AI-powered healthcare platform offering instant personalized medical advice through multiple specialized AI agents, with video consultations for $39 and free AI advisor access

  • Highlight: 50,000+ weekly visits, 15M medical conversations, 1M+ users, 99.2% alignment with licensed clinicians, partnership with Safe Harbor Health for 100,000+ patients

  • Investor: Lightspeed Venture Partners (Lead), Union Square Ventures, Tusk Ventures

  • Source

8/ AI Inbound Sales Platform Spara Raises $15M Seed

  • Product: Enterprise-grade voice, email, and chat AI agents platform that instantly engages, qualifies, and converts website leads with multimodal capabilities and custom brand training

  • Highlight: Responds within seconds vs. hours/days, booked 90+ meetings in 30 days for Rho with 50% qualified traffic conversion, under 3-minute chat-to-meeting time

  • Investor: Radical Ventures & Inspired Capital (Lead), XYZ Ventures, FJ Labs

  • Source