Circuit Inc. Secures $15 Million Seed Funding With Tyson Tuttle And Acquires Molecula

Former Silicon Labs CEO Tyson Tuttle has launched Circuit Inc., an Austin-based AI startup aiming to unlock insights from private, unstructured data like emails and internal files—what Tuttle calls a new kind of knowledge platform for everyone, not just enterprises. Circuit recently emerged from stealth, announcing its acquisition of fellow Austin startup Molecula and assembling a team of ex-Silicon Labs talent alongside co-founder and COO Matt Weiss. The company also secured $15 million in early funding via SAFE agreements from tech executives and plans to raise more capital soon. Tuttle established the Circuit Foundation alongside the startup, pledging 20% of the company’s equity to support AI education, workforce development, and social impact. Circuit raised one of Austin's most significant seed investments with $15M to bring legendary CEO Tyson Tuttle's vision to life. Tyson previously led a $1B revenue public semiconductor company and sits on the board of the Dallas Federal Reserve and the new Texas Stock Exchange. At 25 people, the company targets the "slow adopter economy" - sectors like manufacturing, distribution, and supply chains that are usually the last to adopt cutting-edge software tools. AMOUNT: $15,000,000 HQ: #Austin #Texas #VentureCapital #CircuitInc #Circuit #Brex #BrexTradedVC #poweredbybrex #MattWeiss #TysonTuttle #TradedVC

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Humanoid Secures €133 Million In Series A Round Led By Prime Movers LabHumanoid, a London-based AI and robotics company developing industrial humanoid robots, has raised €133 million in a Series A round at a €1.1 billion post-money valuation, making it Europe’s newest unicorn. The round was led by Prime Movers Lab, with participation from Schaeffler, Bosch, Fubon Financial Holding Venture Capital, and Aglaé Ventures, bringing the company’s total funding to €236 million. Founded in 2024 by CEO Artem Sokolov, Humanoid plans to use the new capital to accelerate development of its next-generation robotics platform, expand commercial deployments across industries such as manufacturing and logistics, scale production of its wheel-based humanoid robots, and further advance its proprietary AI system, KinetIQ. FOUNDER: Artem Sokolov INVESTORS: Prime Movers Lab, Schaeffler, Bosch, Fubon Financial Holding Venture Capital & Aglaé Ventures ROUND: Series A AMOUNT: $152,000,000 VALUATION: $1,300,000,000 HQ: London, United Kingdom #VentureCapital #Humanoid #ArtemSokolov #TradedVC

Mavis Tire Express Services Acquires Pep Boys From Icahn Enterprises For $700 MillionIcahn Enterprises announced it will sell the Pep Boys auto-service chain to Mavis Tire Express Services for $700 million, marking investor Carl Icahn’s exit from the Pep Boys operating business roughly a decade after acquiring the company for about $1 billion. The deal includes nearly 800 Pep Boys locations and the brand’s operations, while Icahn Enterprises will retain certain real estate assets that were separated from the business through a sale-leaseback structure. The transaction will help Mavis expand its network to approximately 4,400 automotive service locations across the U.S. and Canada, strengthening its presence in the western U.S. The sale highlights the enduring value of automotive service real estate, with Icahn choosing to keep the underlying properties while monetizing the operating business. SALE PRICE: $700,000,000 #VentureCapital #IcahnEnterprises #MavisTireExpressServices #TradedVC

SkyPilot Secures $20 Million Seed Round Led By Lux Capital For AI Compute PlatformSkyPilot, a new AI infrastructure startup co-founded by Databricks co-founder Ion Stoica, has emerged from stealth with a $20 million seed round led by Lux Capital. The company is building a cloud-agnostic AI compute platform that enables organizations to orchestrate AI workloads across hyperscalers, neoclouds, Kubernetes clusters, and various accelerator types through a unified control plane. Originally developed as an open-source project at UC Berkeley, SkyPilot aims to serve as a neutral layer for AI compute, helping teams avoid cloud vendor lock-in while optimizing access to compute resources. The funding will be used to expand product development, grow the engineering team, accelerate go-to-market efforts, and continue investing in the open-source SkyPilot framework. FOUNDERS: Ion Stoica & Zongheng Yang INVESTOR: Lux Capital ROUND: Seed AMOUNT: $20,000,000 HQ: San Francisco, California #VentureCapital #SkyPilot #IonStoica #ZonghengYang #TradedVC