AI Megarounds Target ERP, Coding and Back-Office Work — May 11, 2026

Enterprise AI funding is clustering around gritty workflow replacement, from ERP modernization and autonomous coding to receivables and construction procurement. Investors are still paying up where startups can claim real enterprise integration, not just model-layer novelty. In this episode: Top stories: 1. Tessera Labs Secures $60M in Funding Led by Andreessen Horowitz to Transform ERP Modernization — The AI Insider https://theaiinsider.tech/2026/05/09/tessera-labs-secures-60m-in-funding-led-by-andreessen-horowitz-to-transform-erp-modernization/ 2. Blitzy Raises $200M at $1.4B Valuation to Accelerate AI-Driven Software Development for Enterprises — AI Insider https://theaiinsider.tech/2026/05/08/blitzy-raises-200m-at-1-4b-valuation-to-accelerate-ai-driven-software-development-for-enterprises/ 3. EU-backed Kembara's first big bet is $160m Quantum Motion round — Silicon Republic https://www.siliconrepublic.com/start-ups/eu-backed-kembaras-first-big-bet-is-160m-round-for-quantum-motion-uk 4. Fazeshift Raises $17 Million To Bring AI Automation To Accounts Receivable - Accountio — Accountio https://accountio.co.uk/startups/fazeshift-series-a-17-million-ai-accounts-receivable-startup/ 5. ProcurePro raises $15 million Series B round — Business News Australia https://www.businessnewsaustralia.com/articles/procurepro-raises-15-million-in-series-b-round-to-take-construction-procurement-ai-global.html Follow and rate Startup Fundraising on Apple Podcasts or Spotify. Feedback? Email [email protected]