Harmonic Security raises $50 million to expand AI security platform

Albert has successfully raised $55 million in a Series B funding round, with the funds designated for advancing artificial intelligence in scientific research. The leadership of this round was secured by TCV, and new investors joined, including Delta-v Capital, Socium Ventures, High Sage Ventures, Coral Capital, and Legion VC.

Truffle Capital led the financing, with participation from existing investors such as Coatue, J.P. Morgan Growth Equity Partners, Index Ventures, and Applied Ventures. The company plans to use the raised capital to further refine its chemistry-based platform.

Located in Oakland, California, Albert develops an operating system for materials science and chemistry. This platform integrates specialized AI with corporate security, management, and integration features, such as no data storage, granular access control, and audit trails of reasoning.

Albert provides services to organizations with complex research challenges facing evolving regulations and disrupted supply chains. Among the company's clients are BASF, Henkel, Clorox, Kenvue, and Akzo Nobel. Albert's goal is to help these companies' scientists faster transform experimental data into innovative products.

Albert's model, named Valence, is chemically specific and demonstrates an accuracy 45 times higher than general AI when answering scientific questions. This accuracy metric was achieved in a new study accompanying the funding announcement. Valence was trained on text processing and composition and function identification.

The method mimics the ability of an experienced chemist to distinguish between similar compositions and materials, as well as understand how minor changes can significantly impact an experiment. In chemistry, for instance, the slightest deviations in ingredients, procedures, or experimental conditions can lead to different results. Albert handles this through domain-specific intelligence and its Form Bench benchmark for formal chemistry.

Albert asserts that this benchmark will set a new standard for evaluation in this highly specialized field. The Albert platform combines scientific knowledge, AI tools, integrations, and regulatory control into a single environment. It allows scientists to interact with research data using natural language. By querying Albert, users coordinate tools, agents, and models to support complex scientific work.

The system helps teams find institutional knowledge and avoid repeating past experiments. It is capable of suggesting formula candidates, assisting in experiment design, and analyzing large datasets. These capabilities aim to eliminate bottlenecks in research and improve decision-making processes.

Furthermore, Albert supports enterprise requirements regarding data security and controlled access. Its chemistry-specific approach enables organizations to link information across various research systems, facilitating the discovery and reuse of valuable experimental knowledge.

Over the past year, Albert has demonstrated significant platform growth. Project creation increased 26-fold as Albert OS was implemented in organizational research functions. The number of scientists using the platform grew sixfold across 44 countries. These achievements reflect growing interest in specialized AI for corporate research.

Workflow creation also increased fourfold as more teams adopted various research processes on the platform. Ask Albert transformed from an AI search assistant into a broader R&D partner in just six months. Client feedback highlights the value of connecting disparate scientific information. Kenvue noted that the partnership with Albert improved connections within the overall data platform, while AkzoNobel used Ask Albert to query information covering raw materials and lab journal entries. Albert intends to use the new funding to expand its capabilities and accelerate product development.

SWI Group has raised €800 million from institutional investors to develop its artificial intelligence infrastructure. The investment holding company, whose shares are listed in Amsterdam, reported a valuation of €6.1 billion. This latest funding increased the volume of capital raised from equity since March 2026 to over €1 billion.

The company plans to use the funds to develop energy infrastructure, acquire computing equipment, and build data centers. SWI's main focus is on digital infrastructure in both Europe and the United States. Its strategy includes increasing AI computing power and developing services for cloud service clients.

SWI did not disclose the identities of the institutional investors participating in the latest funding round. The transaction involved increasing the company's common shares to approximately 558.4 million, and its free float grew by about 20%.

SWI's expansion is based on acquiring control of Genesis Digital Assets. Earlier, in June 2026, the company announced its intention to invest $500 million in Bitcoin mining business. It was reported that Genesis Digital had 1.3 gigawatts of connected and approved network capacity across 15 facilities.

SWI planned to repurpose suitable sites for high-performance computing and AI. The acquisition was carried out through subsequent deals in the following months. Later, SWI acquired an additional 4.4% stake from funds managed by Stone Ridge Asset Management.

By September, the company reported owning approximately 70% of voting rights. Genesis Digital was renamed SWI Digital. SWI intends to offer its facilities to major cloud providers in Texas, North Carolina, and South Carolina, as well as offering its Swedish infrastructure to potential clients.

The company is selling the remaining three small Bitcoin mining sites in Kazakhstan, as management indicated that Bitcoin mining is no longer a central element of its strategy. Repurposing existing infrastructure may help SWI meet the demand for AI computing.

Recent SWI reports demonstrate an extensive infrastructure development plan. Its US-focused platform has about 1.2 gigawatts of secured network connections, and the European business AiOnX plans an additional 2.3 gigawatts of capacity. These figures illustrate the group's projected scale in both regions, but they reflect only secured power access and planned projects, not currently operational AI computing power.

SWI is developing its own enterprise and developer-oriented AI cloud platform that will provide access to GPU resources. The new funding will be directed towards advancing data center construction and equipment deployment.

Previously, Genesis Digital received a significant $1.15 billion from the trading firm Alameda Research, owned by Sam Bankman-Fried, between August 2021 and April 2022. However, after the collapse of FTX, the FTX Recovery Trust intervened, filing a lawsuit to recover these funds. The trust alleged that the misappropriated funds were used and assets were acquired at inflated prices. The trust withdrew all claims on June 15, 2026, the same day SWI announced its initial investment in Genesis Digital.

The new funding underscores SWI's continued commitment to AI infrastructure. The company's success will partly depend on converting available network connections into valuable computing services. Demand from cloud providers could support the company's expansion into international markets.

Stuut, a New York-based company specializing in artificial intelligence-driven financial solutions, has successfully raised $52.5 million in a Series B funding round. The round was led by Insight Partners with participation from Andreessen Horowitz, M12, and Activant. The financing was closed within 24 hours, increasing Stuut's total funds raised to $93 million.

This funding came just 10 months after the company secured $29.5 million in a Series A round. The funds are planned to meet growing customer demand and to achieve deeper penetration into the financial transaction infrastructure. Stuut offers an AI platform designed to automate workflows from order placement to payment receipt for large enterprises.

The platform covers order management, lending, payment collection, payment processing, and fund application. Furthermore, it handles dispute resolution and deductions throughout the entire transaction lifecycle. This approach helps financial teams resolve issues before they lead to payment delays.

The system integrates with Enterprise Resource Planning (ERP) systems and other financial tools, including bank accounts, CRM systems, and payment platforms. Stuut states that its agents can contact customers via email, SMS, and phone, and access accounts payable portals to investigate payment issues. The platform maintains context from previous interactions, and every action remains auditable within existing control and approval processes.

The company initially focused on payment collection before expanding its scope to cover the entire order-to-payment process. Stuut found that late payments often stem from earlier transaction issues, such as missing purchase orders, which can lead to invoice rejections or deductions. Delays can also be caused by price discrepancies or incorrect contact information.

Stuut notes that globally, businesses have approximately $16 trillion frozen in accounts receivable, and believes that inefficient order-to-payment cycle processes can cause significant revenue leakage. The platform is currently used by over 150 companies, including members of the Fortune 50 and Fortune 500. The company reports that over $3 billion has passed through its platform, and clients have recorded a 47% reduction in days sales outstanding.

The company plans to scale its platform as corporate demand grows. The new funding will support Stuut's expansion into the enterprise market and further deepening its integration into the financial infrastructure. The roadmap includes lending, loan provision, and fund movement, enabling Stuut to handle transactions beyond collection and reconciliation.

The company states that 81.7% of outbound payment collection activities are now performed without human intervention, and 95% of incoming payments are automatically matched. Stuut was founded in 2024 by Tareq Alaruri, Ben Winter, and Mirajm Mosin; Alaruri previously co-founded the procurement software company Fairmarkit.

The latest round followed several developments related to the Stuut platform: the company was included in the Microsoft Marketplace and joined the Microsoft startup program. Insight Partners led the latest financing after supporting other automation enterprises. Andreessen Horowitz also participated after leading Stuut's Series A. M12 joined the round as a Microsoft venture fund, and Activant returned as an investor after its initial involvement. Stuut reports that its customer base has grown fivefold, and every completed Proof of Concept has been converted into a paying client.

The company's broader goal is to manage transactions from initial orders to final payment. Currently, the company faces a growing opportunity in corporate finance, and the next phase will focus on testing whether AI can manage increasingly complex financial workflows.