company
Lakestar is a European venture capital firm investing in early- to growth-stage technology startups across sectors like software, fintech, and AI.
Modulate raised $25 million in a round led by Future Ventures, lifting its total to $60 million for an audio platform that flags synthetic voices. Its detection API costs about eight times its transcription rate, and the round is a bet that the premium survives in financial services and healthcare.
Reality
Modulate raised $25 million to put models that analyze raw call audio, not transcripts, in front of more developers. Its pitch to teams running voice agents is a separate layer that spots cloned voices and grades how agents handle callers.
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Modulate raised $25 million led by Future Ventures, lifting the Boston audio-AI company to $60 million in total funding. With transcripts priced at 3 cents an hour, its revenue case rests on the tone and deepfake signals sold on top.
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Exein's valuation is thirty times what it was two years ago on technology already inside more than two billion devices, and the foundation model that telemetry is meant to train is not due until the first quarter of 2027.
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Twin1 AI launched with $20 million to give each knowledge worker a persistent digital twin. The engineering that matters is not the model, it is deciding who may query whose twin.
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Late-stage rounds tripled to $4.7 billion last year, more than half of all European defence funding. The fastest-growing early slice, counter-UAS and air defence, went from $5.1 million to nearly $250 million.
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