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January 7, 2026 - Deals
Tesoro XP Raises $5.4 Million Seed Funding From Treasury And TK MediaTech Ventures
Tesoro XP, an Austin-based rewards platform that lets retailers fund in-game currency for gamers, raised $5.4M in seed funding in a round co-led by Treasury and TK MediaTech Ventures. Founded by Sami Khan, Tim Mahler, and Beau Button, the company plans to use the capital to accelerate its developer SDK, expand its publisher portal, grow its merchant and publisher partner pipeline, and build its engineering and business development teams ahead of its Q1 2026 launch.
FOUNDERS: Sami Khan, Tim Mahler & Beau Button
INVESTORS: Treasury & TK MediaTech Ventures
ROUND: Seed
AMOUNT: $5,400,000
HQ: #Austin #Texas
#VentureCapital #TesoroXP #SamiKhan #TimMahler #BeauButton #TradedVC
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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%.
#VentureCapital #Ramp #TradedVC