Series B funding

Armada has secured $230 million in Series B funding, valuing the company at $2 billion. This investment, co-led by Overmatch, 8090 Industries, and BlackRock, will fuel Armada’s expansion and manufacturing capabilities through a strategic partnership with Johnson Controls. Their modular data centers, designed for rapid deployment and integration with diverse energy sources, are revolutionizing edge computing for sectors like defense, energy, and military, enabling AI workloads at the edge.

Swedish startup Lovable has raised $330 million in Series B funding, reaching a $6.6 billion valuation. Co-led by CapitalG and Menlo Ventures, the investment highlights growing confidence in “vibe coding,” an AI-driven approach allowing app creation through text prompts. This funding triples Lovable’s previous valuation and accelerates its mission to democratize software development, building on impressive revenue growth and a burgeoning market trend.

.Zafran Security, a cybersecurity startup founded by a former Iranian intelligence operative, secured a $60 million Series B led by Menlo Ventures, with Sequoia Capital and Cyberstarts also participating. The funding brings total capital to $130 million and will fuel AI‑focused talent acquisition and global expansion. CEO Sanaz Yashar highlighted the surge in sophisticated cyberattacks driven by AI tools, noting that the company’s AI‑driven platform automates threat assessment and remediation, and its ARR has tripled since a $70 million raise in 2024. The round underscores confidence in Zafran’s AI‑centric security solution.