On June 9, 2025, today’s tech funding highlights feature a diverse array of emerging startups, showcasing significant investments spanning various sectors, including artificial intelligence, fintech, cybersecurity, defense technology, biotechnology, and climate innovation. The day witnessed notable fundraising efforts, with Anysphere leading the pack by securing an impressive $900 million to enhance its AI developer platform, alongside other impactful rounds from multiple companies.
Anysphere, the San Francisco-based developer of the AI coding assistant “Cursor,” raised $900 million in a Series C funding round, propelling its valuation to $9.9 billion. This substantial investment comes as AI-driven developer tools continue to generate high demand. The new funds are earmarked for further growth of its platform and to broaden its clientele among enterprises keen on boosting developer productivity. This round marks Anysphere’s third in less than a year, emphasizing the heightened enthusiasm from investors, particularly in light of the company’s recent milestone of over $500 million in annual recurring revenue.
In the realm of health, Swiss biotechnology firm Mosanna Therapeutics secured $80 million in a Series A round, led by EQT Life Sciences, to advance its novel treatment for obstructive sleep apnea. Their pioneering nighttime nasal spray, known internally as MOS118, aims to address sleep apnea by restoring natural airway control without reliance on cumbersome mechanical devices. The additional funding will push MOS118 through Phase 2 clinical trials and expand Mosanna’s portfolio of respiratory therapies. To steer this initiative, renowned industry figure David Weber, Ph.D., has been appointed CEO.
Indian fintech unicorn CRED raised ₹617 crore (approximately $72 million) at a reduced valuation of about $3.5 billion, led by GIC through its Lathe Investment arm. Despite this down-round—which reflects a 45% decline from its peak valuation—investor backing underscores confidence in CRED’s business model. These funds will help CRED extend its financial services platform and enhance its offerings in lending and payments, aiming to deepen connections with its customer base in the competitive fintech landscape.
Expanding the realm of cybersecurity, Guardz closed a $56 million Series B funding round to fortify its security platform designed for small and medium-sized businesses. The company, which has transitioned from direct-to-SMB sales to partnering with managed service providers (MSPs), will use this fresh capital to enhance its threat detection and response technologies amid increasing cyber risks targeting smaller enterprises.
Another notable funding round was completed by Nooks, a Virginia-based startup that specializes in “Classified-Infrastructure-as-a-Service,” raising $25 million in its Series A funding. This capital will enable Nooks to provide compliant workspaces and services to support defense and intelligence projects, enhancing collaboration among various stakeholders in classified environments.
New York’s Aiera also secured $25 million in Series B financing for its AI tools dedicated to financial research and investor communications. This round attracted a consortium of ten major investment banks and is aimed at refining Aiera’s platform functionality for better integration within the financial industry.
In the defense sector, Bangalore-based Sanlayan Technologies raised approximately ₹186 crore (around $22 million) to enhance its R&D capabilities. The startup focuses on advanced technology for military applications, including radar and electronic warfare systems, tapping into rising demand for indigenous defense capabilities.
Finally, Thread AI raised $20 million in its Series A funding to expand its platform enabling enterprises to build AI-powered workflows. The innovative startup aims to streamline AI integration for large organizations, receiving backing from notable venture firms.
Coral Vita, an environmental startup from the Bahamas, closed an $8 million Series A round aimed at scaling its coral reef restoration technology, making strides in combating climate change by growing resilient corals in land-based nurseries.
The wide array of funding rounds signals a vibrant investment landscape committed to innovation across sectors, with established and emerging players leveraging new capital to drive growth and address pressing challenges.