Ivo and Nomagic raised $716M combined in late 2025 Series B rounds as venture capital rotated from cryptocurrency into enterprise AI automation. The capital shift occurred despite global crypto ownership growing 16% year-over-year to 716 million holders across markets including Asia-Pacific, Europe, and North America.
Two new specialist funds launched targeting AI infrastructure over digital assets. Outlast's $450M vehicle in January 2026 backs companies building proprietary data platforms. Cogito Capital raised $280M for vertical AI in healthcare and financial services. Partners cited conviction that AI-native architectures will replace current enterprise software globally.
Ivo's funding supports AI workflow automation for procurement and supply chains serving multinational corporations. Nomagic raised parallel capital for autonomous code generation platforms deployed across international development teams. Both attracted institutional money previously allocated to late-stage crypto protocols.
The rotation reflects differing risk profiles between asset classes. Cryptocurrency's $2.1 trillion market capitalization remains tied to evolving regulatory frameworks across jurisdictions from the EU's MiCA regulations to Asia's varied approaches. AI enterprise platforms generate contracted revenue from Fortune 500 deployments seeking labor cost reduction across global operations.
Series B valuations averaged 18x forward revenue for AI automation companies versus 12x for traditional SaaS peers. NYU professor Aswath Damodaran's framework classifies AI as disruptive technology creating new markets rather than optimizing workflows. Investor positioning suggests institutions now view enterprise automation in that category despite crypto's continued growth.
Both startups reported over 50 enterprise customers and 200%+ annual recurring revenue growth before raising institutional capital. The concentration in Series B rounds indicates global investors target proven product-market fit over early prototypes as AI deployment accelerates across industries and geographies.
Sources:
1 Yahoo Finance, "Charlie Munger once said you can ‘ease off the gas’ when you reach this money milestone, and Mark Ti" (January 06, 2026)
2 Yahoo Finance, "Fan Tokens and the Road to 2026: Assessing the Opportunity" (December 23, 2025)
3 Yahoo Finance, "Star Equity (STRR) Q3 2025 Earnings Transcript" (January 27, 2026)
4 Yahoo Finance, "Star Equity (STRR) Q4 2024 Earnings Transcript" (January 27, 2026)
5 Nasdaq, "The Motley Fool Interviews NYU Professor Vasant Dhar: Thinking With Machines" (January 06, 2026)