Stuut, which connects to CRM and other systems to automate management of accounts receivable, raised a $29.5M Series A led by a16z (Charlie Fink/Forbes)

Method Security, a company specializing in dual-use cyber capabilities, has successfully raised $26 million through its seed and Series A funding rounds, led by a16z and General Catalyst, respectively. This funding will support the company's efforts to combine cyber expertise with artificial intelligence technologies.

Profluent has raised $106 million in funding, led by Bezos Expeditions and Altimeter, bringing its total funding to $150 million. The company aims to leverage artificial intelligence for protein design in drug discovery and agriculture, enhancing the efficiency of biological applications.

Genspark, an AI workplace agents startup, has successfully raised $275 million in a Series B funding round, achieving a valuation of $1.25 billion. The company reported reaching $50 million in annualized revenue just five months after pivoting from its original focus on AI search technologies. Genspark aims to compete with established products like Microsoft 365 Copilot and Google's Gemini.

Sphere, initially an edtech marketplace that raised $4.3 million in seed funding, has pivoted its business model to focus on developing an AI tax compliance software service. The company has successfully secured $21 million in Series A funding, led by a16z. This shift comes as the founder, Nicholas Rudder, identified a recurring issue with tax compliance during his previous venture, ScholarSite.