Follow the latest coverage, related explainers and connected technology stories.
Startup Baselayer has raised $35 million in a Series A round led by M13 to expand its technology from verifying corporate identities to determining whether AI agents are authorized to act on behalf of individuals or organizations. The company is launching the Agentic Identity Suite to address fraud risks and transactions carried out by autonomous software.
AI companies accounted for most of the largest announced U.S. funding rounds between August 22 and 28, 2026, with Instinct topping the list with a $250 million Series B round at a $2.5 billion valuation. The list also included robotics, autonomous transportation, data center energy management, and biotech.