393 articles
AI company Higgsfield closed a $400M Series B round led by DST Global, valuing the company at $5.4B — more than four times its previous $1.3B valuation. The company says its annualized revenue has reached $700M. Source: theaiinsider.tech
According to The Information, Nvidia is discussing an investment in Perplexity that would value the AI startup at more than $30 billion. Source: google.com
Starcloud closed a $250 million Series A extension round, pushing its valuation to $2.3 billion — more than double what it was worth just five months earlier in March. NVIDIA joined the round as an investor, backing the startup's plan to put more of its GPUs into orbit. Source: en.wowtale.net
Nvidia is reportedly in talks to invest in Perplexity as part of a funding round that would value the AI search startup above $30 billion. Source: google.com
Dexmal, a Chinese company building AI systems to control robots, is reportedly seeking a valuation of around 20 billion yuan (about $3 billion) in an upcoming funding round. The report highlights growing investor interest in Chinese robotics AI players. Source: pymnts.com
Orbital data center startup Starcloud has extended its Series A with an additional $250 million just five months after the initial raise. The new funding pushes its valuation to $2.3 billion, more than double what it was before. Source: satellitetoday.com
Starcloud, which is building data centers in orbit to support AI workloads, announced a $250 million extension to its Series A round. The deal values the company at $2.3 billion post-money, reflecting strong investor appetite for space-based computing infrastructure. Source: businesswire.com
AI model-building startup Poolside has reportedly reached a non-exclusive $6 billion licensing agreement with Nvidia, while separately raising $1 billion for the rest of the company at a $12 billion valuation. Source: google.com
Two years after leaving stealth mode, Rillet has closed a $100 million Series C round valuing the company at $1 billion, led by Iconiq. Existing backers, including Andreessen Horowitz, also joined the round. Source: google.com
Cityblock Health is acquiring Homeward Health to combine its data and care-coordination platform with Homeward's rural provider network and care model. The deal comes alongside a fresh $116 million funding round for Cityblock. Source: google.com
Rillet secured $100 million in Series C funding at a $1 billion valuation to further build out its AI-native ERP system. The platform is designed to let finance teams run more automated, agentic accounting workflows. Source: google.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
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
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-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
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, 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
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
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
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