AI Startups Draw Capital, From Security to Satellite Computing

AI-powered security startup Armadin raised $255 million in a Series B at a $2.5 billion valuation. That brings its total funding to roughly $445 million, just seven months after its public launch. The pace signals investor appetite for tools that use AI offensively in cybersecurity—but the bigger test is turning a rapid financing run into durable business demand.

UPDATED — ElevenLabs’ valuation jumps

London-based voice AI company...