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Rocket.new Secures $15 Million to Redefine AI-Driven App Development

Overview Of Rocket.new’s Bold Mission

Indian startup Rocket.new, an innovative force in AI-powered app development, has successfully raised $15 million in a seed funding round led by Salesforce Ventures. The funding round, which saw participation from Accel and Together Fund, marks a significant step forward as Rocket.new challenges competitors like Lovable, Cursor, and Bolt. By offering a platform that creates full, production-ready applications through natural-language prompts, Rocket.new is moving beyond the rapid prototyping that has characterized the current wave of vibe-coding tools.

Impressive Growth And Market Traction

Since its beta launch in June, the platform has grown its user base to over 400,000 individuals across 180 countries, including more than 10,000 paying subscribers. With annual recurring revenue already at $4.5 million, CEO Vishal Virani has set ambitious targets—projecting $20–$25 million by the end of the year and reaching $60–$70 million by June next year. These rapid achievements underscore the platform’s potential, drawing the attention of leading companies such as Meta, PayPal, KPMG, PwC, and Times Internet.

Innovative Architecture And Superior User Experience

The Rocket.new platform distinguishes itself by integrating large language models from Anthropic, OpenAI, and Google’s Gemini with its own deep learning systems. Leveraging proprietary datasets from its previous venture DhiWise, Rocket.new has built an architecture that offers a comprehensive solution for production-ready applications. Although initial app generation takes approximately 25 minutes—longer than some competitors—the platform’s robust output is designed to include all essential modules, delivering a superior user experience that appeals to serious application developers.

Strategic Funding And Future Growth

Founder and CEO Vishal Virani, along with co-founders Rahul Shingala and Deepak Dhanak, have positioned Rocket.new to spearhead a shift in how organizations approach app development. The startup aims to develop a full-fledged agentic system capable not only of building apps and websites but also of conducting competitive research and product development, potentially eliminating the need for traditional product management roles. With around 58 team members based out of Surat—and plans to double its engineering and product staff in India—the company is set to broaden its presence, especially in pivotal markets like the U.S., where it has already secured 26% of its revenue.

Monetization Strategy And Global Reach

The company employs a freemium model, offering a free trial capped at one million tokens, with continued access available through monthly subscriptions starting at $25 for five million tokens. This pricing structure is designed to foster enterprise-level usage while maintaining healthy gross margins, with ambitions to improve these figures further in the coming months.

Conclusion

Rocket.new’s fresh infusion of capital, impressive early traction, and strategic market positioning not only set it apart from its rivals but also signal a significant evolution in AI-assisted app development. As it prepares to refine its go-to-market strategies and invest further in proprietary R&D, Rocket.new is poised to become a cornerstone platform for organizations seeking to harness artificial intelligence for production-grade applications.

EU Moderates Emissions While Sustaining Economic Momentum

The European Union witnessed a modest decline in greenhouse gas emissions in the second quarter of 2025, as reported by Eurostat. Emissions across the EU registered at 772 million tonnes of CO₂-equivalents, marking a 0.4 percent reduction from 775 million tonnes in the same period of 2024. Concurrently, the EU’s gross domestic product rose by 1.3 percent, reinforcing the ongoing decoupling between economic growth and environmental impact.

Sector-By-Sector Performance

Within the broader statistics on emissions by economic activity, the energy sector—specifically electricity, gas, steam, and air conditioning supply—experienced the most significant drop, declining by 2.9 percent. In comparison, the manufacturing sector and transportation and storage both achieved a 0.4 percent reduction. However, household emissions bucked the trend, increasing by 1.0 percent over the same period.

National Highlights And Notable Exceptions

Among EU member states, 12 reported a reduction in emissions, while 14 saw increases, and Estonia’s figures remained static. Notably, Slovenia, the Netherlands, and Finland recorded the most pronounced declines at 8.6 percent, 5.9 percent, and 4.2 percent respectively. Of the 12 countries reducing emissions, three—Finland, Germany, and Luxembourg—also experienced a contraction in GDP growth.

Dual Achievement: Environmental And Economic Goals

In an encouraging development, nine member states, including Cyprus, managed to lower their emissions while maintaining economic expansion. This dual achievement—reducing environmental impact while fostering economic activity—is a trend that has increasingly influenced EU climate policies. Other nations that successfully balanced these outcomes include Austria, Denmark, France, Italy, the Netherlands, Romania, Slovenia, and Sweden.

Conclusion

As the EU continues to navigate its climate commitments, these quarterly insights underscore a gradual yet significant shift toward balancing emissions reductions with robust economic growth. The evolving landscape highlights the critical need for sustainable strategies that not only mitigate environmental risks but also invigorate economic resilience.

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