Close Menu
Fin Street NewsFin Street News
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles

Subscribe to Updates

Get the latest finance and business news and updates directly to your inbox.

Trending
Top US commander in the Middle East says he needs more bunker busters because ‘everybody is going underground’

Top US commander in the Middle East says he needs more bunker busters because ‘everybody is going underground’

May 20, 2026
I couldn’t find a work bag I liked. I designed one for 0, and now I’m making ,000 a month in sales.

I couldn’t find a work bag I liked. I designed one for $350, and now I’m making $15,000 a month in sales.

May 20, 2026
20 Companies Hiring for Part-Time, Work-From-Home Jobs

20 Companies Hiring for Part-Time, Work-From-Home Jobs

May 20, 2026
Real Estate Commissions: How Much Do Agents Make?

Real Estate Commissions: How Much Do Agents Make?

May 20, 2026
Two brothers raised m for an OpenClaw competitor that a government official calls his ‘second brain’

Two brothers raised $12m for an OpenClaw competitor that a government official calls his ‘second brain’

May 20, 2026
Facebook X (Twitter) Instagram
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
May 20, 2026 12:58 pm EDT
|
Facebook X (Twitter) Instagram
  Market Data
Fin Street NewsFin Street News
Newsletter Login
  • Home
  • Business
  • Finance
    • Banking
    • Stocks
    • Commodities & Futures
    • ETFs & Mutual Funds
    • Funds
    • Currencies
    • Crypto
  • Markets
  • Investing
  • Personal Finance
    • Loans
    • Credit Cards
    • Dept Management
    • Retirement
    • Mortgages
    • Saving
    • Taxes
  • Fintech
  • More Articles
Fin Street NewsFin Street News
Home » Two brothers raised $12m for an OpenClaw competitor that a government official calls his ‘second brain’
Two brothers raised m for an OpenClaw competitor that a government official calls his ‘second brain’
Finance

Two brothers raised $12m for an OpenClaw competitor that a government official calls his ‘second brain’

News RoomBy News RoomMay 20, 20261 ViewsNo Comments

Most tech companies have a technical founder first, and then someone to help with marketing and public relations. The company behind NanoClaw flipped that script.

Lazer Cohen, a longtime public relations exec, brought his younger and more technical brother, Gavriel, in to build an AI-native PR agency last year. They knew that OpenClaw’s agents would be a huge help for their workflow but were spooked by its security flaws.

“So he built his own version, which was secure, lightweight, simple, and that is Nanoclaw,” Lazer Cohen told Business Insider of his brother’s efforts. “Then, almost as an afterthought, he decided to open-source it and post it on Hacker News. It starts doing really, really well.”

Three months later, the now-viral Tel Aviv company announced $12 million in seed funding on Wednesday to expand its personal agents to enterprises. It is now valued at $62 million.

The round was led by Valley Capital Partners, with participation from Docker, Vercel, Monday.com, and Clem Delangue, the CEO of Hugging Face. NanoClaw said it closed the oversubscribed round in four days and received an acquisition offer of $20 million within five weeks of launching the company.

Enthusiastic users include AI researcher Andrej Karpathy and Singapore’s foreign minister, Vivian Balakrishnan, who called it his “second brain” and said he won’t “dare switch it off.”

NanoClaw’s CEO, Gavriel Cohen, said that the cash injection will be used to grow the company’s enterprise business.

“There’s been incredible demand from companies that want us to deploy a personal agent to every person in the organization,” the CEO said. “We’ve had over 100 companies reach out, and we’re growing the team quickly to meet the demand.”

The company, which has 10 employees, plans to hire researchers, go-to-market people, open-source maintainers, and AI engineers.

First of the claws

NanoClaw is the first among the “claws,” a group of autonomous, open-source AI agentic companies, to raise significant venture funding. AI agents use large language models to execute specific multi-step tasks semi-autonomously. Unlike chatbots, they can make decisions on behalf of the user, including through interactions with everyday applications.

Open-source agents like NanoClaw, OpenClaw, and NanoBot have seen blockbuster growth in the last few months. People around the world are using personal agents for practical and quirky uses such as productivity, stock trading, and even dating.

In February, OpenAI announced it was hiring Peter Steinberger, the creator of OpenClaw. It was seen as a move to accelerate OpenAI’s progress in the agentic AI space and evolve Codex from a coding assistant to an agent that can parse and reply to emails, manage files, and schedule meetings.



Read the full article here

12m brain Brothers calls competitor government official OpenClaw raised
Share. Facebook Twitter LinkedIn Telegram WhatsApp Email

Keep Reading

Top US commander in the Middle East says he needs more bunker busters because ‘everybody is going underground’

Top US commander in the Middle East says he needs more bunker busters because ‘everybody is going underground’

The 10 hottest neighborhoods of 2026 are an hour outside the big city

The 10 hottest neighborhoods of 2026 are an hour outside the big city

I lived apart from my husband for 2 years after he got a job in a different state

I lived apart from my husband for 2 years after he got a job in a different state

TikTok’s middle class is gaining power

TikTok’s middle class is gaining power

US forces wargamed defending a Pacific ally from invasion with layers of firepower. Here’s how the drills played out.

US forces wargamed defending a Pacific ally from invasion with layers of firepower. Here’s how the drills played out.

An entrepreneur who made Oprah’s ‘Favorite Things’ explains how to create a product that people are obsessed with

An entrepreneur who made Oprah’s ‘Favorite Things’ explains how to create a product that people are obsessed with

We asked top startup investors how they use AI. Here’s what they said.

We asked top startup investors how they use AI. Here’s what they said.

Ukrainians tricked out their long-range exploding drones to unleash rocket fire on Russian air defenses

Ukrainians tricked out their long-range exploding drones to unleash rocket fire on Russian air defenses

Andrew Left was paid millions by hedge funds while scrutinizing Madoff whistleblower’s work with one, prosecutors allege

Andrew Left was paid millions by hedge funds while scrutinizing Madoff whistleblower’s work with one, prosecutors allege

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

I couldn’t find a work bag I liked. I designed one for 0, and now I’m making ,000 a month in sales.

I couldn’t find a work bag I liked. I designed one for $350, and now I’m making $15,000 a month in sales.

May 20, 2026
20 Companies Hiring for Part-Time, Work-From-Home Jobs

20 Companies Hiring for Part-Time, Work-From-Home Jobs

May 20, 2026
Real Estate Commissions: How Much Do Agents Make?

Real Estate Commissions: How Much Do Agents Make?

May 20, 2026
Two brothers raised m for an OpenClaw competitor that a government official calls his ‘second brain’

Two brothers raised $12m for an OpenClaw competitor that a government official calls his ‘second brain’

May 20, 2026
I’m spending nearly ,000 to visit my daughter at college 4 times this year. I never factored that into our budget.

I’m spending nearly $6,000 to visit my daughter at college 4 times this year. I never factored that into our budget.

May 20, 2026

Latest News

Mark Zandi puts U.S. recession odds at 40%, warns economy is ‘on edge’

Mark Zandi puts U.S. recession odds at 40%, warns economy is ‘on edge’

May 20, 2026
I Tested a Service That Fights Your Property Tax Bill — Here’s What Happened

I Tested a Service That Fights Your Property Tax Bill — Here’s What Happened

May 20, 2026
The 10 hottest neighborhoods of 2026 are an hour outside the big city

The 10 hottest neighborhoods of 2026 are an hour outside the big city

May 20, 2026

Subscribe to News

Get the latest finance and business news and updates directly to your inbox.

Advertisement
Demo
Facebook X (Twitter) Pinterest TikTok Instagram
2026 © Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.