AI company news, funding rounds, mergers, acquisitions, partnerships, and market dynamics.
433 articles
Sources indicate that robotics company Generalist has reached a $3 billion valuation. The exact terms of the deal have not been officially confirmed. Source: techcrunch.com
Emerald AI closed a $150 million Series A funding round, pushing its valuation to $1.05 billion. The company joins a growing list of AI startups reaching unicorn status shortly after early-stage funding. Source: law360.com
New York-based AI lab General Intuition, which trains models on gaming footage, is reportedly negotiating a funding round at a $6B pre-money valuation led by Valor. The roundup also covers a railroad vegetation deal and Starcloud's fresh $2.3B valuation. Source: axios.com
Between August 17 and 23, AI startups collectively secured $11B across 60 funding rounds. The roundup breaks down the deals by stage, sector, and leading investors. Source: startuphub.ai
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
Hadrian Automation, an advanced manufacturing startup based in Torrance, California, raised a massive $1.37B Series D round in early August. Source: labusinessjournal.com
Starcloud has added a $250M extension to the $170M Series A it closed in March, pushing its valuation to $2.3B. Source: payloadspace.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
Rillet's CEO Nicolas Kopp presented strong growth figures at a board meeting, which unexpectedly triggered a bidding rush among investors including Iconiq and Sequoia. Within 48 hours, the AI-driven accounting startup closed a $100 million round and hit unicorn status without actively seeking funding. Source: techcrunch.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
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
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
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
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
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
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, 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
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