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Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Arrakis Technologies Raises $38M Total for Industrial AI Agent Platform
On July 22, 2026, per Tech.eu, industrial operations AI agent platform Arrakis emerged from stealth with $38M in total funding, including a $30M Series A led by Blossom Capital with Accel. The company was co-founded by former Accel investor Rafael Quintanilla, ex-Palantir employees Haroun Beltaifa and Romain Fouilland, and former Delivery Hero staff Mikhail Galkov.
Blossom reaches USD 5 million ARR
On 2025/8/27, X reported that US startup Blossom had reached USD 5 million in annual recurring revenue. This disclosure did not include a funding round, investors or valuation.
Praktika raises $35.5M to use AI avatars to make learning languages feel more natural
On 2024/5/22, TechCrunch reported that Praktika, a US language learning application using AI avatars, completed USD 35 million in Series A funding led by Blossom Capital, bringing total funding to approximately USD 37.5 million. It had 1.2 million monthly active users in 100 countries and nearly USD 20 million in revenue over the past 12 months.