393 articles
Confido closed a $55 million Series B round led by Insight Partners, giving the consumer packaged goods software provider fresh capital for expansion. The funding will help the company scale its AI-based platform further. Source: citybiz.co
Defense-tech startup Mach Industries closed a $600 million extension of its Series C round, pushing its valuation to $3.7 billion. The funding will help scale up its military manufacturing capabilities. Source: latimes.com
Pave Finance raised an oversubscribed $15 million Series A round at a $100 million pre-money valuation. The company said assets under management by advisors using its AI-driven portfolio tools have now exceeded $130 billion. Source: pulse2.com
Mind, a cybersecurity startup based in Seattle, plans to at least double its 70-person team after closing a $72 million Series B round led by Crosspoint. The fresh capital will fuel hiring and product expansion. Source: bizjournals.com
Rainmaker secured a $100 million Series B round to expand its research into low-cost water production and weather modification. The company says it's behind the first scientifically validated case of manmade precipitation. Source: prnewswire.com
Luzern Risk has closed a $45 million Series B funding round to grow its AI-native platform for captive insurance. The company plans to use the capital to expand its alternative risk management solutions. Source: pulse2.com
AI data center developer Crusoe closed a $3.9 billion Series F funding round, co-led by Atreides, valuing the company at $30.9 billion. The fresh capital underscores surging investor interest in AI infrastructure buildout. Source: theaiinsider.tech
Crusoe co-founder and CEO Chase Lochmiller appeared on CNBC's 'Squawk Box' to talk about the company's $3.9 billion Series F round and the rapid expansion of AI infrastructure. He addressed the growing demand for AI-focused data centers driving the investment. Source: cnbc.com
Raindrop closed a Series A round led by CRV, pushing its total funding to $50 million. The startup is scaling its platform for detecting failures and issues in AI agent behavior. Source: pulse2.com
A Chinese AI startup founded in February by a Tsinghua University professor has quietly reached a valuation of over $1.4 billion. The company raised $400 million in funding while operating largely under the radar. Source: theinformation.com
Data center builder Crusoe announced a $3.9 billion Series F funding round on Thursday, raising its valuation to $30.9 billion. The capital will support construction of large-scale data centers as well as smaller modular AI-focused facilities. Source: techcrunch.com
Flam, a company building AI-powered interactive content technology, raised $40 million in a Series B round led by QED Investors. The funding will support growth of its AI models and broader product lineup. Source: pulse2.com
Profound, which builds software helping brands get noticed in AI-powered search results, has raised $180 million in a Series D round. The funding values the startup at $1.8 billion. Source: theaiinsider.tech
Arcee AI, which develops open-weight AI models, announced it raised an undisclosed sum in a new funding round that pushes its valuation above $1 billion. The startup focuses on giving enterprises more control over how AI models are customized and run. Source: siliconangle.com
As companies and government agencies scale up their AI deployments, demand is growing for tighter control over how models are customized and operated. Arcee AI's new Series B funding reflects that trend, lifting the startup to unicorn status. Source: citybiz.co
OpenAI is reportedly considering raising fresh capital at a valuation of as much as $1.5 trillion. The news comes just days after CEO Sam Altman said the company has no plans to go public this year. Source: forbes.com
Loora, an Israeli startup building an AI-powered language-learning app, has closed a $22 million Series B round, pushing its total funding past $43 million. The company plans to use the capital to expand its AI tutoring platform further. Source: jpost.com
OpenAI has held early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion. The company is widely expected to pursue a public listing as soon as next year. Source: wsj.com
Dutch startup Euclyd secured $230 million in a funding round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries. The investment comes amid growing interest in alternatives to Nvidia's dominant GPU technology for AI workloads. Source: cnbc.com
Nuance Labs raised $50 million in a Series A round led by Lightspeed Venture Partners, with NVIDIA joining as a new investor. The funding will support development of a full-duplex foundation model capable of reading facial and conversational cues. Source: en.wowtale.net