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Archive/ai business & funding

💼 AI Business & Funding

AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.

167 articles

NewsAI funding

Ollama Closes $65M Series B to Advance Open-Source AI Platform

Ollama has secured $65 million to advance its development platform for developing AI models, with Theory Ventures leading the funding round. citybiz.co

Newsstartup valuation

Mercor is in talks for a $20B valuation

A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October. techcrunch.com

Newsstartup funding

Kraken Technology Group Closes Series B Round At Unicorn Valuation

Led by Digital Transformation Capital Partners (DTCP), the Series B funding round will accelerate Kraken's rapid capability development and international... oceannews.com

Newsstartup funding

Autonomous ship startup Kraken raises $175M at $1B valuation

Kraken Technology Group Ltd., a British defense startup that makes autonomous ships, has raised $175 million in funding. Private equity firm DTCP led the... siliconangle.com

Newsstartup funding

Databento Raises $97 Million Series B To Expand Global Market Data Infrastructure

Databento, a market data platform for financial institutions, announced it has raised $97 million in Series B funding in a round led by New Enterprise... pulse2.com

Newsstartup funding

Christina Qi left a hedge fund trading $7 billion a day. Her new startup just raised $97 million

Databento serves everyone from student traders to the world's largest hedge funds—and counts Nvidia and OpenAI as customers. fortune.com

Newsstartup funding

Supply chain startup Auger, led by ex-Amazon operations chief, raises $50M and lands big customers

Former Amazon executive Dave Clark's supply chain startup has raised $50 million in new funding, bringing its total to $150 million, as it builds a customer... geekwire.com

NewsAI infrastructure

Upscale AI Adds $190 Million in Extension to Series A, Reaching Half-Billion Dollars in Total Funding

Upscale AI, Inc., a pure-play AI networking infrastructure company, today announced it has raised $190 million in Series A-1 financing. businesswire.com

NewsAI agents

Prime Intellect raises $130M Series A to help enterprises build their own AI agents

Founded in 2024, Prime Intellect's goal is to give organizations capabilities to train their own agentic systems without relying on frontier AI labs. techcrunch.com

NewsAI funding

Prime Intelliect's $1b valuation, Ardian's HR software stake, and Paradigm's new fund

Venture Capital. • Prime Intellect, an SF-based agentic AI building platform, raised $130m in Series A funding at a $1b valuation. axios.com

NewsAI chips

Inference chip startup SambaNova valued at $11B in $1B funding round

Chip startup SambaNova Inc. today announced that it has raised $1 billion in funding at a $11 billion valuation. General Atlantic led the Series F round... siliconangle.com

NewsAI funding (legal AI)

Norm Ai Raises $120M Series C At $1.2B Valuation

Legal and compliance startup Norm Ai announced Tuesday the raising of $120 million in a Series C funding round that valued the company at $1.2 billion. law360.com

NewsAI funding (legal AI)

Norm Ai Raises $120 Million at a $1.2 Billion Valuation Led by Khosla Ventures to Deliver the Full-Stack Model for Legal AI

PRNewswire/ -- Norm Ai raised a $120 million Series C at a $1.2 billion valuation, led by Khosla Ventures, the first institutional investor in OpenAI.... prnewswire.com

NewsAI funding (legal AI)

Norm Ai Hits Unicorn Status with $120M Series C at $1.2 Billion Valuation

Norm Ai, the New York-based legal and compliance AI company, today announced a $120 million Series C round at a $1.2 billion valuation, crossing the unicorn... lawnext.com

NewsAI funding (legal AI)

AI law startup Norm raises $120M, hits unicorn valuation

AI law startup Norm on Tuesday said it has raised $120 million in a Series C funding round led by Khosla Ventures, valuing the almost three-year-old startup... techcrunch.com

NewsAI funding trends

North American Startup Funding Shattered Records In First Half Of 2026, Driven By AI

North American venture investment hit all-time highs in the first half of 2026, driven by late-stage megarounds for AI industry leaders, Crunchbase data... news.crunchbase.com

Newsfunding

CarbonSix Raises $40M Series A to Scale Physical AI for Global Manufacturing

CarbonSix, a Physical AI company building deployment-ready robotic intelligence for manufacturing, has raised $40 million in Series A funding, drawing a... en.wowtale.net

Newsfunding

Smart glasses maker Even Realities hits $1B valuation with $150M funding led by Meituan, Tencent

Even Realities, an ex-Apple team building camera-free smart glasses, raised $150 million from Meituan and Tencent at a $1 billion valuation. techcrunch.com

Newsfunding

Even Realities raises $150M, hits $1B valuation with smart glasses

Even Realities, a Shenzhen-based smart glasses startup founded by a former Apple $AAPL engineer, has raised $150 million in a pre-Series B funding round,... qz.com

Newsacquisition

Cyera in advanced negotiations to acquire Oasis Security for over $1 billion

Fresh off a $600 million funding round, the Israeli cybersecurity unicorn is accelerating its acquisition strategy. calcalistech.com