FinSMEs

Mona, an AI startup, has raised $3.5 million in new funding, according to a report by FinSMEs. The news has drawn searches around former Google CEO Eric Schmidt, who is widely known for backing early-stage artificial intelligence ventures. Details on who led the round or what Mona plans to do with the capital were not provided in the report.

Tensor Machines, a startup, has raised $1.5 million in pre-seed funding, according to a funding announcement carried by startup finance outlet FinSMEs. The round puts the company at its earliest stage of institutional backing, giving it initial capital to develop its product and team. Details on the investors involved or how the funds will be used have not been made clear in the available reporting.

Photon has raised USD4.5 million in a seed funding round, as reported by startup and venture news outlet FinSMEs. The round signals continued investor interest in early-stage startups, though details on the company's sector, backers, and planned use of funds were not provided in the initial report.