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Harmonic Builds Momentum Towards Mathematical Superintelligence with $120 Million Series C

Harmonic Builds Momentum Towards Mathematical Superintelligence with $120 Million Series C

December 17, 2025 Craig Etkin

Ribbit Capital Leads Round at $1.45B Valuation of Math-Based AI Venture; Emerson Collective Joins Existing Backers Including Sequoia & Kleiner Perkins

PALO ALTO, Calif.–(BUSINESS WIRE)–Harmonic, the artificial intelligence lab leading the development of Mathematical Superintelligence (MSI), achieves unicorn status with the announcement of its $120 million Series C funding round at a $1.45 billion post-money valuation. This round is led by Ribbit Capital with significant participation from Sequoia Capital, Index Ventures, Kleiner Perkins and Emerson Collective as a new investor.

This funding accelerates Harmonic’s rapid momentum in developing the world’s most advanced mathematical reasoning model that eliminates hallucinations.

Harmonic’s flagship Aristotle model recently achieved gold-medal level performance at the International Mathematical Olympiad, considered the most prestigious mathematical competition in the world, and is now available to the public. Unlike other models, Aristotle makes use of formal verification using Lean4 to ensure accuracy and eliminate hallucinations. In the first few weeks since its API beta launch, Aristotle has already been used by mathematicians and researchers to accelerate progress and create novel discoveries. Last week, Harmonic rolled out major upgrades, including support for plain English input (in addition to native Lean4), automated lemma generation, and a streamlined terminal interface.

“Aristotle’s gold-medal performance at the IMO offered an early glimpse into what Mathematical Superintelligence makes possible with advanced reasoning and formal verification together in a single system,” said Tudor Achim, CEO of Harmonic. “This funding allows us to advance that foundation even further and faster, while aggressively deploying Aristotle across industries where reliability is critical.”

“The Harmonic team is achieving extraordinary success in showing how MSI can accelerate progress in mathematics and other quantitative fields, and Aristotle, even in its early form, already gives us a glimpse towards the better future we will all be in once advanced reasoning and formal verification fully merge,” said Vlad Tenev, Co-Founder and Executive Chairman of Harmonic.

“Ribbit’s renewed investment reflects the tremendous technical achievements Harmonic has already made,” said Nick Shalek, General Partner at Ribbit Capital. “We’re proud to deepen our partnership as Aristotle continues to demonstrate what Mathematical Superintelligence can achieve in the real world.”

Harmonic previously raised $100 million in its July 2025 Series B funding round led by Kleiner Perkins, and $75 million in its September 2024 Series A, which was led by Sequoia Capital and included significant participation from Index Ventures. Additional backers include Paradigm and Era Funds.

About Harmonic

Harmonic, an artificial intelligence company founded in 2023, is backed by Robinhood CEO Vlad Tenev and led by CEO Tudor Achim. It is developing Mathematical Superintelligence (MSI), the next generation of artificial intelligence which is rooted in mathematics and which guarantees accuracy and eliminates hallucinations. The company is based in Palo Alto, California.

For more information about Harmonic, please visit: https://harmonic.fun

Contacts

Media Contact
Sasha Bull
sasha@goldinsolutions.com | 646-876-5281

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Harmonic, Palo Alto, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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