Berlin-based Restate raises $20M

The team behind a technology that underpins real-time data use in banking has raised $20m in a Series A funding round for a startup, which carries out the plumbing work behind AI agents. The funding round in Berlin-founded Restate was led by European VC Singular, with participation from Redpoint Ventures and Capital One Ventures. Restate has now raised $27m in total, it said.