Deeptune

Deeptune's $43M Series A: training gyms for AI agents. Led by Andreessen Horowitz.

Deeptune's $43M Series A: training gyms for AI agents. Led by Andreessen Horowitz.

Training gyms for AI agents

AI training startup Mercor is reportedly in early-stage talks to raise funding at a $20 billion valuation, and has told investors it received a term sheet at that price. The valuation would double its $10 billion value from its $350 million Series C in October 2025; founder and CEO Brendan Foody says annualized revenue run rate has crossed $2 billion. Mercor also announces it will acquire AI-agent training company Deeptune, whose entire team will join Mercor.

Jul 2026TechCrunchNews article

Mercor acquires Deeptune, an AI startup backed by founder Brendan Foody. Mercor reports $2 billion in annual recurring revenue amid a March cybersecurity breach. The deal highlights Mercor’s growth in AI despite operational challenges.

Jul 2026FortuneNews article

Mercor acquires **Deeptune**, a developer of software platforms that generate realistic training environments for reinforcement learning at scale. The platform enables AI systems to practice in simulated scenarios mimicking real-world conditions. Deeptune’s technology supports advanced AI training applications across industries.

Jul 2026Staffing Industry AnalystsNews article

Deeptune secures **$43 million in funding** to advance AI training using virtual environments. The company develops simulated platforms that enable AI models to learn and refine skills in controlled digital settings. These virtual training gyms aim to improve efficiency and performance in AI development workflows.

Mar 2026SiliconANGLENews article