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HubX secures $75M in Series A funding led by Point72 Private Investments, achieving a $1.28B valuation and expanding its AI-driven app portfolio.

PRIVATEAug 28, 2026•about 3 hours ago

Amount Raised

$75 Million

Round Type

Series A

İzmirArtificial IntelligenceMachine Learning

Investors

Point72 Private Investments

Description

HubX, based in İzmir, has raised $75 million in a Series A round to speed up growth and expand its AI technology infrastructure. With over 40 apps and 600 million users, this is its first external funding. The company aims to accelerate product development and explore global acquisitions. Founded in 2022, HubX has quickly reached unicorn status.

Company Information

Company

HubX

Location

İzmir, Izmir, Turkey

About

HubX is an İzmir-based developer of AI-driven mobile and web apps, founded in 2022. The company has created a portfolio of over 40 apps that have reached more than 600 million users globally. It focuses on generative AI, photo and video, education, and wellness applications. HubX is rapidly expanding its technology infrastructure and pursuing global mergers and acquisitions.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

HubX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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