Startups Weekly AI News

August 11 - August 23, 2025

AI agents had a huge week with companies around the world getting millions of dollars to build smarter digital assistants. These AI agents are special computer programs that can work on their own to help people and businesses get things done.

The biggest news came from Cohere, a Canadian company that raised an amazing $500 million. This puts their total company value at $6.8 billion. Cohere makes AI agents that work specifically for businesses, not regular people. Their agents can read company documents, make reports, and answer questions using information that stays private inside the company. Big companies like Royal Bank of Canada already use Cohere's agents to help their workers make charts and find information faster.

Sola, a startup in Boston, got $21 million from famous investors to build AI agents that do boring office work. The company was started by two people who dropped out of MIT college to focus on this idea. Their AI agents work like "virtual employees" that can handle repetitive tasks that take up too much human time. The funding came from Andreessen Horowitz, one of the most important investment companies in Silicon Valley. This shows that smart investors believe AI agents will change how businesses work.

Create raised $8.5 million to build something really cool - an AI agent called "Anything" that can make mobile apps. Instead of learning complicated computer programming, people can just tell the AI agent what kind of app they want. The agent then builds the whole app and even puts it in the Apple App Store or Google Play Store. When Create showed off this tool, over 3 million people watched it in just 72 hours. The company now has 500,000 users signed up, and their paid subscriptions tripled overnight.

Continua got $8 million to put AI agents right into group text chats. The company was started by David Petrou, who worked at Google for 17 years and helped create Google Glass. Continua's AI agents can join group chats on phones and help friends plan activities together. If people are trying to pick a restaurant or plan a vacation, the AI agent can suggest ideas and remember important details for everyone.

Titan from New York secured $74 million to build AI agents for IT support. These agents help fix computer problems at businesses. What makes Titan special is that their AI agents work alongside human technicians instead of replacing them. This way, customers get faster help but still have real people to talk to when needed. The company even bought another IT business called RFA to show how their AI agents can improve existing services.

Safety became important this week too. Jentic, a company in Dublin, Ireland, launched new tools to make AI agents more secure. They raised $4.5 million earlier to solve a big problem - most AI agents today store passwords and secret information in unsafe ways. Jentic's system lets AI agents connect to over 1,500 different services and 2,000 workflows while keeping all the secret information safe from hackers.

Experts say we're seeing a big shift toward "vertical AI" and "agentic AI". This means AI agents are getting better at specific jobs instead of trying to do everything. Companies in Asia Pacific countries are especially good at building these specialized AI agents for healthcare, real estate, and other specific industries.

The excitement around AI agents is also showing up in the stock market. Fractal Analytics in India, which makes AI tools for big companies, filed paperwork to sell shares to the public for about $590 million. This would be one of the biggest technology company launches in India's history.

All these funding announcements show that AI agents are moving from science fiction to everyday business tools. Companies are betting billions of dollars that these smart digital assistants will change how we work, communicate, and solve problems. The speed of development is incredible - AI startups are reaching $1 million in sales five times faster than regular software companies.

This weekly update shows that AI agents are not just getting more money - they're getting more specialized, more secure, and more useful for real-world problems. From making apps to planning trips to fixing computers, AI agents are becoming digital teammates that make life easier for everyone.

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