262 articles
Smack Technologies closed a $61 million Series B round to grow its specialized AI systems built for military applications. The new funding pushes the company's total capital raised past $90 million. Source: pulse2.com
Rillet, an AI-native ERP platform for finance teams, announced a $100 million Series C led by ICONIQ, reaching a $1 billion valuation. The company says the funding will support its ambition to develop advanced AI capable of automating complex accounting and financial operations. Source: businesswire.com
AI chip startup Fractile is reportedly in talks to raise $600 million at a $6.5 billion valuation, according to Bloomberg. Separately, a micromobility spinout from Rivian raised $150 million, while private equity investors are increasingly moving into the fire safety sector. Source: amp.axios.com
Rillet, an AI-powered accounting startup, raised a $100 million Series C round led by Iconiq, valuing the company at $1 billion. The round comes just two years after Rillet came out of stealth, with backing from returning investor Andreessen Horowitz among others. Source: techcrunch.com
Velaura AI announced it raised $110 million in a Series A round, pushing the chip-design startup's valuation above $1 billion. Source: reuters.com
AI startup Higgsfield quadrupled its valuation to $5.4 billion after closing a $400 million Series B round. The San Francisco company had already reached unicorn status earlier, and a key strategic pivot is credited with driving its rapid growth. Source: inc.com
Rillet, a two-year-old company building what it calls the first fully AI-native accounting platform, raised a $100 million Series C round that values it at $1 billion. Its founder says the goal is to free CFOs from tedious manual work and give them their weekends back. Source: finance.yahoo.com
Etched said its valuation more than doubled to $21 billion after Jane Street, its first customer to receive a shipped AI cluster system, backed a new funding round. Investors are betting big on rising demand for the startup's inference hardware. Source: techcrunch.com
Etched, a company building advanced AI inference clusters, announced a $700 million funding round that values the firm at $21 billion. The raise coincides with the completed delivery of its first customer system to Jane Street. Source: globenewswire.com
Higgsfield, founded by former Snap executive Alex Mashrabov, raised a $400 million Series B round. The startup lets users generate AI images and videos, and its valuation has grown fourfold since earlier this year. Source: techcrunch.com
Voice-to-text AI startup Wispr Flow raised $280 million in a Series B round led by Menlo Ventures, with participation from Notable Capital, NEA, 8VC, and MVP. The deal values the company at $2 billion. Source: newscord.org
Xpander raised $7.5 million in seed funding to grow adoption of its vendor-neutral enterprise AI platform. The startup also launched Omni, an AI agent that scored 90.9% on the GAIA benchmark. Source: pulse2.com
Higgsfield, a generative AI platform for creating video and images aimed at professionals, announced a $400 million funding round. The investment values the company at $5.4 billion as it looks to expand its creative tools further. Source: siliconangle.com
AI video and image creation platform Higgsfield, popular with professional creators, brands, and studios, closed a $400 million Series B round. The company said its annualized revenue has climbed to $700 million. Source: prnewswire.com
AI video platform Higgsfield secured a $400 million Series B round, pushing its valuation to $5.4 billion. The company reported its annualized revenue jumped to $700 million this month, up sharply from just $20 million a year ago. Source: qz.com
China Telecom is leading a funding round for Mifeng, a startup focused on embodied AI. Mifeng launched its physical AI data service platform in April 2026 and positions itself as a B2B data supplier for robotics companies. Source: techinasia.com
Axis Robotics has raised $12 million to build what it calls a compounding data engine designed to accelerate the development of physical AI. The funding will support the company's efforts to scale its data infrastructure for robotics applications. Source: yellow.com
Vals AI has closed a $40 million Series A round at a $400 million valuation, fueling growth of its independent platform for evaluating AI model performance. The company says its revenue has grown eightfold as demand for AI benchmarking tools rises. Source: pulse2.com
The fresh capital arrives two years after Databricks secured $10 billion in non-dilutive financing that had pushed its valuation to $62 billion. The new round marks a sharp jump in the company's worth in a short period. Source: mobihealthnews.com
Blacksmith, a San Francisco-based startup building AI-powered code testing tools, has closed a $45 million Series B round led by Peak XV Partners. The investment values the company at $550 million. Source: bwdisrupt.com