HerculesAI, an innovative leader in generative AI, has successfully raised $26 million in a recent funding round, further positioning itself to revolutionize the way enterprises leverage artificial intelligence while maintaining security standards. Founded with the mission to empower organizations with secure AI capabilities, HerculesAI introduces its powerful operating and orchestration platform, aptly named Hercules. This platform allows enterprises to quickly create, deploy, and run generative AI applications within the security perimeter, ensuring that sensitive data remains protected. The newly acquired funds will be strategically utilized to enhance platform features, expand the development team, and accelerate market penetration. The versatility of Hercules' applications is a game-changer for knowledge workers across various domains, providing them with tools designed to augment productivity and drive efficiency. By integrating advanced AI into their workflows, businesses can expect not only improved profitability but also higher employee satisfaction as automation takes over repetitive tasks. As the demand for secure AI solutions continues to grow in an increasingly complex digital landscape, HerculesAI is poised to lead the transformation, making generative AI accessible and safe for enterprise use. To learn more about HerculesAI and its pioneering solutions, visit [HerculesAI](https://www.hercules.ai).
HerculesAI Secures $26 Million in Series B Funding to Turbocharge Generative AI Innovation in Enterprises
Recently funded 路 $26.0M Series bTechnology/Enterprise AI
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Augustus
Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era. This approval has been driven by our core thesis: the dollar is the best product in the history of the world, with practically infinite global demand - but distribution is broken. The existing clearing model runs on legacy correspondents that are closed 115 days a year, built for humans, and take two days to settle. Augustus is the update to the AI era: an autonomous clearing bank, purpose-built around programmable money and stablecoins. Always open. Made for machines. At the speed of compute.
$180.0M Series b
today
ADI Foundation
The ADI Foundation is an Abu Dhabi鈥揵ased organization dedicated to empowering governments and institutions in emerging markets through blockchain infrastructure to accelerate the growth of digital economies. The ADI Foundation was founded by Sirius International Holding, the technology-focused subsidiary of one of the largest investment companies in the world, IHC. The Foundation is catalyzing large-scale social and economic inclusion through its mission to bring 1 billion people globally into the digital economy by 2030, building on a strong foundation of 500+ million people already within its project ecosystem. The Foundation designed ADI Chain, the first institutional Layer 2 blockchain for stablecoins and real-world assets in the MENA region, and is building a growing portfolio of use cases, including hosting the UAE dirham-backed stablecoin, DDSC. Headquartered in Abu Dhabi鈥檚 ADGM, the world鈥檚 first jurisdiction with a bespoke digital asset framework, the ADI Foundation contributes to the region鈥檚 growth as a global digital asset hub.
Other recent Series b rounds
Companies that recently closed a Series b round.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 | Augustus | Series b | $180.0M | today |
| 2 |  Sonosemi Medical China | Series b | $100.0M | today |
| 3 |
