The Brutalist Report
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- A profile of Alexandr Wang, who sources say is "an operator", had "all" of Zuckerberg's support during Meta's AI revamp, and is being touted as his successor (Rafe Rosner-Uddin/Financial Times) [2h]
- Reach Security, which develops AI-powered exposure management tools for securing enterprise systems, raised a $50M+ Series B led by Top Tier Capital Partners (FinTech Global) [2h]
- Duvo, which develops tech to automate business processes across enterprise systems, including ERPs and legacy apps, raised a $32M Series A led by Balderton (Mike Butcher/Pathfounders) [2h]
- Montevideo, Uruguay-based Scanntech, which develops market intelligence tools using POS data, raised $180M in a Series F led by L Catterton and Partners Group (FinSMEs) [2h]
- London-based Scarlet, which certifies AI and software for medical devices, raised a $50M Series B led by Headline to support its US and Asia-Pacific expansion (Cate Lawrence/Tech.eu) [3h]
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