Nexus Venture Partners

Naïve raises $28.5M for AI agent infrastructure

Naïve, a startup offering infrastructure that enables AI agents to automate much of the work involved in forming and operating businesses, raised $28.5 million in a Series A led by Nexus Venture Partners. The company says it signed up over 30,000 developer customers and has scaled annual run-rate revenue by 10x to the low double-digit millions in six months. Naïve provides an API and prompts for provisioning payments, email, phone numbers, cloud resources and company incorporation, and is building efficiency-focused infrastructure — including a model router, memory layer, orchestrator, and a serverless runtime for lightweight JavaScript agents — to reduce inference costs. The round included participation from Y Combinator, Zetta, Liquid 2 and several angel investors.

Pramaana Labs Raises $27M Seed for Formal Verification AI

Pramaana Labs announced a $27 million seed round led by Khosla Ventures with participation from Accel, BoldCap, Nexus Venture Partners, Premji Invest, and Unbound. The startup combines conventional large language models (LLMs) with a deterministic, formal-verification layer inspired by the LEAN proof assistant to improve reliability in high-risk verticals such as law, drug discovery, and tax preparation. Pramaana will build domain-specific LEAN-style verification systems overseen by subject-matter experts; the company is working with former IRS commissioner Danny Werfel on its tax-law work and has academic oversight for cybersecurity and drug discovery from professors at IIT Delhi, IIT Madras, and UC Berkeley. Ranjan Rajagopalan is co-founder and CEO. The funding aims to accelerate enterprise-grade, verifiable AI deployments where errors carry high cost.

Zepto IPO Filing Shows Fast Growth, Rising Losses

Indian quick-commerce startup Zepto filed a draft prospectus ahead of an IPO that could value the company at about $1 billion. The filing shows rapid top-line expansion and a growing advertising business: ad revenue rose 151% year‑over‑year to ₹16.4 billion (~$171M) in fiscal 2026 while operating revenue increased 104% to ₹115.5 billion (~$2.4B). Zepto processed more than 640 million orders and reported almost 48 million annual transacting users in fiscal 2026. The company remains loss-making, reporting a net loss of ₹59.1 billion (~$617M) for the year. Zepto plans to raise up to ₹80.1 billion via a fresh share issue, an offer‑for‑sale of up to 113.5 million shares by existing investors, and may take a pre‑IPO placement of up to ₹16.02 billion. The filing also disclosed an April summons from India’s Enforcement Directorate related to foreign investments and shareholding structure.