Jeeves raises $110 million in equity funding, led by CoinFund, to launch a stablecoin wallet with payouts in 190 countries. Its platform supports corporate cards, accounts payable, treasury payments, spend management and agentic workflows, and serves customers including BMW, H&M, Lululemon and Burger King. Jeeves reports more than $5 billion in annualized platform volume and says stablecoin-settled activity represents $1.5 billion in annualized revenue; it is also expanding its stablecoin card offering from 25 to 35 countries.
SiMa.ai raises $150 million at a $1.45 billion valuation to expand its physical AI development environment and build the next generation of its embedded compute platform. Fidelity Management & Research Company and Amplify co-lead the Series C, with several existing and new investors participating; the funding supports Palette Neat and the Modalix system-on-chip, which SiMa.ai aims to deliver with 1,000 tera operations per second in the first half of 2028.
Sep 2026 · SiliconAngleNews article
ScyllaDB raises $43M to scale its NoSQL database platform
ScyllaDB, which develops database technology for high-throughput, low-latency workloads, raises $43 million in a round led by Eight Roads Ventures. The financing also includes AB Private Credit Investors, AllianceBernstein, TLV Partners, Magma Ventures and Qualcomm Ventures; the article says the proceeds will be put to use but cuts off before specifying how.