Fleek Secures $25 Million In Series B Funding Led By Burda Principal Investments

Fleek has announced a $25 million Series B funding round, bringing its total funding to $45 million. The round was led by Burda Principal Investments, with participation from eBay Ventures, Andreessen Horowitz, HV Capital, Y Combinator, FJ Labs, H14, and Pioneer Fund. Fleek is building an AI-native marketplace for the global secondhand apparel industry, using proprietary models to understand resale fashion, match buyers with suppliers, and automate operations. Its flagship AI vision model, FleekSort, can identify, grade, and price garments in seconds, helping modernize a secondhand market that still relies heavily on manual processes. The company says the new funding will support its mission of making secondhand the first choice and expanding its AI-driven platform across a rapidly growing global resale market. FOUNDER: Abhi Arora INVESTORS: Burda Principal Investments, eBay Ventures, Andreessen Horowitz (a16z), HV Capital, Y Combinator, FJ Labs, H14 & Pioneer Fund ROUND: Series B AMOUNT: $25,000,000 HQ: London, United Kingdom #VentureCapital #Fleek #AbhiArora #TradedVC

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Mercor In Talks To Raise $20 Billion Following Deeptune Acquisition And Revenue GrowthMercor, an AI training startup, is reportedly in early discussions to raise a new funding round at a $20 billion valuation. The potential valuation would double the company’s $10 billion valuation from October 2025, when it raised a $350 million Series C round. Founder and CEO Brendan Foody recently stated that Mercor’s annualized revenue run rate has surpassed $2 billion, representing 100% growth in just four months. The company also announced the acquisition of Deeptune, an AI agent training firm, with the entire Deeptune team joining Mercor. The strong revenue growth, acquisition activity, and prospective funding round suggest Mercor is continuing to expand despite challenges earlier this year, including a data breach and legal disputes involving contract workers. FOUNDER: Brendan Foody AMOUNT: $20,000,000,000 HQ: San Francisco, California #VentureCapital #Mercor #BrendanFoody #TradedVC

Klinic Secures $24 Million In Seed And Series A Funding From Proofpoint Capital And I2BF Global VenturesKlinic, an AI-enabled specialty care access platform, has raised $24 million in combined seed and Series A funding to expand its provider network, enhance its AI-powered platform, and grow its life sciences partnerships. The round was co-led by Proofpoint Capital and I2BF Global Ventures, with representatives from both firms joining Klinic’s board. Founded and led by CEO Avish Bhama, Klinic helps patients navigate the often complex specialty care journey by using artificial intelligence and workflow automation to streamline provider matching, insurance verification, prior authorizations, patient communications, and pharmacy coordination. The company has already supported more than 150,000 patients and aims to make specialty care access faster, more connected, and more affordable. FOUNDER: Avish Bhama INVESTORS: Proofpoint Capital & I2BF Global Ventures ROUND: Seed & Series A AMOUNT: $24,000,000 HQ: Dallas, Texas #VentureCapital #Klinic #AvishBhama #TradedVC