AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.
301 articles
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
A weekly roundup highlights the largest venture funding rounds of 2026, focusing on U.S.-based startups that raised over $100 million. Leading sectors include data infrastructure, AI infrastructure, defense technology and AI-powered coding tools. Source: news.crunchbase.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
Anthropic has closed a $65 billion funding round, pushing its post-money valuation to $965 billion. The deal makes it one of the most valuable private companies in the world. Source: stocktwits.com
Databricks initially sought $1 billion, but investor demand pushed the round far beyond that figure. CEO Ali Ghodsi told TechCrunch that AI development is costly, and with so much investor interest, the company ended up raising $5 billion at a $190 billion valuation. Source: techcrunch.com
Lovable Labs Inc. announced a $400 million Series C funding round that values the Swedish AI coding company at $13.3 billion, roughly double its previous valuation. Source: siliconangle.com
The vibe-coding AI startup's latest funding round pushed its valuation to $13 billion, placing it among the continent's top-valued young tech companies. Source: wsj.com
CodeRabbit, a startup building AI-powered code review tools, announced Wednesday it raised $143 million in a round that valued the company at $1.5 billion. Source: reuters.com
The Swedish AI coding startup confirmed a new $400 million funding round that values the company at $13.3 billion. The raise follows Lovable reaching $500 million in annualized run rate revenue back in June, according to the company. Source: techcrunch.com
Flagler Health, an AI-driven healthcare company, closed a $50 million Series B round to further develop its AI-native operating system for musculoskeletal (MSK) care. The funding will support the platform's continued expansion. Source: fiercehealthcare.com
River AI, a newly founded AI startup led by xAI co-founder Igor Babuschkin, has raised $1.1 billion in a combined seed and Series A round. The round was led by General Catalyst, marking a massive early bet on a company that is just two months old. Source: techcrunch.com
Live shopping platform Whatnot has closed a $545 million Series G funding round, pushing its valuation to $20 billion. The company described the round as one of its largest fundraising milestones to date. Source: finance.yahoo.com
Point2 Technology, which develops RF-based interconnect solutions for AI data-center infrastructure, has completed an extension of its Series B funding round to $136 million. The round included investment from Arm, LB Investment, and Maverick Silicon. Source: businesswire.com
Aureka Biotechnologies announced the closing of a $100 million Series B funding round on August 10, 2026, aimed at building a biological world model for drug discovery. Granite Asia contributed the first tranche of the investment. Source: prnewswire.com
Convex closed a $57 million Series B led by Insight Partners to expand its backend infrastructure platform. The funds will support product development and hiring in San Francisco as AI-generated code raises new demands on system reliability. Source: aol.com
Simile, which builds AI-simulated user platforms, raised a $200 million Series B led by Greenoaks. The round values the company at $2 billion, just five months after its previous funding. Source: trendhunter.com
Cursor has raised a record $3.4 billion across six funding rounds, more than any other AI coding startup, according to tracker New Market Pitch. The scale of investment comes as the competitive field of AI coding tools continues to consolidate heading into 2026. Source: tech-insider.org
Defense manufacturing startup Hadrian raised $1.37 billion in a Series D round announced August 6. The funding pushes its valuation to $7.87 billion as it expands AI-powered factories for defense production. Source: eciks.org
Anthropic has confidentially filed an S-1, signaling it is moving toward a possible 2026 IPO. The step is expected to intensify market scrutiny of how AI companies like the Claude maker are valued. Source: bitcoinfoundation.org