Sep 16, 2026
Alice, an AI trust and security company formerly known as ActiveFence, raised $140 million in a funding round led by Apax Digital. The Israeli company, which is trusted by Anthropic, Google, and Cohere, has grown its AI security business more than 500% and is approaching $100 million in annual recurring revenue.
Canadian AI company Cohere is acquiring Aleph Alpha, once positioned as Germany's answer to OpenAI, just months after the German startup's founder was ousted. The Schwarz Group is providing $600 million in financing for the transatlantic merger.