DeepSeek's new round, CVC's prosthetics bet, and Databricks' buy
Venture Capital. • DeepSeek, the Chinese open-sourced foundational model company, raised more than $7.4b at a valuation north of $50b. Source: axios.com
AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.
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Venture Capital. • DeepSeek, the Chinese open-sourced foundational model company, raised more than $7.4b at a valuation north of $50b. Source: axios.com
Isaiah Granet turned a Y Combinator rejection streak into a nine-figure funding story by betting that AI won't replace the phone—it will answer it. Source: fortune.com
India's HCLTech said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash... Source: reuters.com
Sarvam has raised $234 million at a $1.5 billion valuation, the company announced on Monday. The Bengaluru-based company is now India's newest AI unicorn,... Source: techcrunch.com
Record-breaking raise: Anthropic secured $65 billion in Series H funding, valuing it at $965 billion and surpassing OpenAI. Revenue surge: The company's... Source: msn.com
Prometheus raises $12B Series B at a $41B valuation, backed by JPMorgan, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners. Source: techfundingnews.com
Jeff Bezos is back in the headlines with a private-market raise for his industrial AI startup, Prometheus. The company just closed a $12 billion Series B at... Source: 247wallst.com
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion. Source: techcrunch.com
Prometheus, the AI startup co-led by Jeff Bezos and Vik Bajaj, raised $12 billion in Series B funding at a roughly $41 billion valuation. Source: geekwire.com
Prometheus, the industrial AI startup led by Jeff Bezos and former Google exec Vik Bajaj, today will announce that it's raised $12 billion in Series B... Source: axios.com
The industrial AI company, which Bezos co-leads with Vik Bajaj, has hired about 150 people and is building AI systems for engineering and manufacturing. Source: qz.com
Fundraise Insider's first quarterly funding report finds AI startups now graduate to Series A and B faster than the rest of the market, while debt quietly... Source: usatoday.com
TensorWave will use fresh $350 million to fill more data centers with chips from AMD, an investor. Source: wsj.com
NEURA Robotics plans to expand its platforms for robot learning and global production of humanoids and other systems. Source: therobotreport.com
Venture Capital. • Neura Robotics, a German humanoid robotics developer, raised $1.4b in Series C funding from Tether, Qualcomm, Amazon, Nvidia, imec.xpand,... Source: axios.com
TensorWave, the all-AMD AI cloud specializing in high-performance, memory-intensive workloads, today announced it has raised $350 million in Series B... Source: businesswire.com
While other AI startups have started the IPO process this year, Databricks is looking toward its next funding round. Source: inc.com
Beacon Software, an AI holding company, raised a $225 million Series C round to acquire software companies and enhance its AI operating system. Source: wsj.com
PointFive, which develops a cloud and AI cost management platform, has raised $60 million in a Series B round, bringing its total funding to $96 million. Source: calcalistech.com
Supabase, the open-source database service for AI-driven development, has completed a $500 million Series F at a $10.5 billion valuation. Source: orrick.com