Startups & Ventures
The products, people and decisions behind technology businesses.

Island Raises $400 Million at a $6.4 Billion Valuation
The company plans to expand controls for enterprise work performed by people and AI agents.

Tolmo Raises $22 Million for Production Security
The startup connects production context to security agents and says its first pentesting agents are live.

OpenFX Raises $94 Million for Cross-Border Payments
OpenFX plans to expand the currency and liquidity infrastructure behind its institutional payment service.

Mesh Raises $75 Million for Crypto Payment Routing
Dragonfly leads Mesh's Series C as the company expands payment connections between wallets and merchants.
Island announced a $400 million Series F on September 24 at a stated valuation of $6.4 billion. Evolution Equity Partners led the round, with participation from existing and new investors.
The company said in its funding announcement that the capital will support its next stage of growth as enterprises adopt AI agents and change how employees use applications and data.
This archive follows new releases, company announcements and changes affecting this field. Each report preserves the distinction between what is available, what is being tested and what a company plans to do next. Statements from vendors are attributed to their original sources rather than presented as independent performance results.
Read the full report on Island Raises $400 Million at a $6.4 Billion Valuation, or visit the Startups & Ventures desk for longer guides that explain the concepts behind the latest developments.
