Physical AI startup Enigma raised a massive $71M seed round led by Index Ventures and Ribbit Capital, emerging from stealth with a live public demo of AI-powered robots. Co-founded by a Microsoft prodigy, the company aims to build a universal intelligence layer for any robot, signaling sky-high investor appetite for robotics infrastructure.
Enigma raised a $71M seed round and immediately put its AI-powered robots online for public interaction, aiming to close the gap between digital intelligence and physical action. The company's foundation models promise hardware-agnostic deployment with reduced data requirements, addressing a critical bottleneck in physical AI.
Source: newjerseytelegraph.com · itnewsonline.com
Conduct's AI operating system just raised $60 million to cut enterprise system change cycles from months to minutes. The platform maps decades of customizations in SAP and other core systems, automatically generating safe code changes—a critical capability as thousands of companies race to SAP S/4HANA migrations before 2027. This signals a new wave of AI tools tackling brownfield complexity in SaaS infrastructure.
Source: californiatelegraph.com · hawaiitelegraph.com
The $60 million round, co-led by Index and ICONIQ with SAP's strategic backing, highlights huge investor appetite for startups that automate enterprise software understanding. Conduct's platform cuts business-rule change time from months to minutes, positioning it as a key enabler for cloud migration.
Conduct's AI platform, now fueled by $60M from SAP and top VCs, bridges the gap between legacy ERP customizations and cloud-native agility. It ingests millions of lines of custom code and delivers instant impact analysis and auto-generated changes, critical for enterprises rushing to modernize their SAP landscapes.
Conduct's AI operating system ingests and maps custom enterprise codebases—often millions of lines—to business logic, enabling natural language queries and automated code generation. The $60M round from Index, ICONIQ, and SAP validates the growing demand for AI that truly understands legacy software.
Source: Financialcontent