Ramp has raised $300 million in financing and carried out an employee tender offer, achieving a valuation of $32 billion. The round, which includes new and existing investors, comes as Ramp's annual revenue has surpassed $1 billion. The company, which is investing in AI agents, was previously valued at $22.5 billion in July.

Gridware has secured $55 million in growth funding to expand manufacturing and scale deployment. The funding will support Gridware's efforts to enhance the safety and reliability of electrical transmission and distribution systems through advanced monitoring technology.

Bone AI has raised $12 million in seed funding to develop autonomous vehicles for defense and government clients. The startup, based in Seoul and Palo Alto, Calif., has already secured a seven-figure contract.

Runlayer, a security startup, has launched with $11 million in seed funding. Runlayer's all-in-one security tool aims to stand out in a crowded market by combining a gateway with threat detection, observability and detailed permissions. The startup has already signed customers including Gusto, Instacart and Opendoor.

Agtech venture capital activity was subdued overall in the third quarter, but the animal agriculture and robotics segments are standout parts of the sector, according to a PitchBook report. "The agtech sector's ongoing reset is driving innovation, with AI in capital-intensive segments -- such as ag biotech--creating fresh early-stage investment opportunities," according to a summary of the report.

Enterprise SaaS exits soared 206.6% in the third quarter, driven by the initial public offerings of Figma and Klarna, PitchBook reports. "Beyond the funding numbers, AI is fundamentally changing enterprise software," PitchBook notes.

Japan-based Turing and Sakana AI have raised a combined $230 million, highlighting interest in the region's AI segment. Turing focuses on self-driving technology, and Sakana is working on generative AI models optimized for smaller data sets and the Japanese language.

Some Nigerian startups are avoiding listing on the country's stock exchange as a result of the state of the local currency, according to a survey.

Jeff Bezos will be co-CEO of Project Prometheus, a newly launched AI startup focused on engineering and manufacturing applications. The company has secured $6.2 billion in funding and has hired nearly 100 employees, including many from top AI firms.