Funding rounds, founder stories, and the most innovative startups disrupting industries.
107 articles
General Compute has raised a $100 million Series A at an $800 million post-money valuation, roughly 13 times its $60 million seed valuation five months earlier, on the strength of one $100 million customer contract.
Three former Revolut executives land $70 million led by EQT Ventures for software that automates the paperwork behind financial advice, with Charles Schwab taking a strategic stake.
Lycia Therapeutics sold 17.64 million shares at $18.00 to raise about $317.5 million and closed its first Nasdaq session at $30.00, a 66.67% jump that valued the biotech near $1.65 billion.
Tencent, CATL, GigaDevice, Meituan and Geely back a 100 billion yuan raise that values the Hangzhou lab at 500 billion yuan ahead of a planned STAR Market listing.
Bristol Myers Squibb led the $237 million round and secured exclusive neuroscience access to Pathos Foundry as the startup expands from cancer into Alzheimer's research.
The Stockholm legal AI company secured fresh capital six months after its last round, with annual recurring revenue above $200 million and in house legal teams driving new demand.
Otter.ai has secured $320 million in repayable growth capital from General Catalyst's Customer Value Fund, a structure that avoids dilution as the meeting software maker chases enterprise contracts.
The San Francisco sandbox maker led by Ivan Burazin says revenue run rate grew 25-fold since January as AI labs and enterprises rent isolated machines for software agents.
The Santa Clara based AI chip designer will use the fresh capital to expand production of its RISC-V powered Galaxy servers and add new generations after choosing independence over takeover talks.
The Austin based enterprise AI vendor says annual recurring revenue grew eightfold over six quarters as it pushes a service-as-software model for mid-market deployments.
The Canadian AI lab plans to fold AISLE's 50-person team into a new Cohere Cyber unit, expanding its European footprint after the Aleph Alpha merger.
The New York legal tech firm formerly known as ClaimClam plans to spend the new capital on hiring, artificial intelligence review tools and broader privacy claim coverage.
Shenzhen state capital leads the embodied-AI startup's latest financing, pushing the cable-driven robot maker's post-money valuation up 5 billion yuan since June.
The Delaware-based startup closed a 20 million dollar seed led by Base10 Partners in September, three months after its pre-seed, and will open a New York office to sell its agent network in the United States.
Peter Mo, a former Plaud executive, leads Mistlabs as it brings the always listening Ambi assistant to iPhones, Macs and Apple Watches with 26 million dollars in Pre A backing.
The San Francisco startup behind Jev, a model that does not output text, went from a 200 million dollar seed valuation to 7.5 billion in under four weeks with a16z writing the largest check.
Oratomic has now raised $775 million in total after a Series B that lifted its valuation from $1.5 billion to $5.5 billion in only three months.
Boyu Capital and IDG Capital co-led the round, with Tencent, HSG and ZhenFund following on, as the AI agent developer restarts as an independent company at a reported $4 billion valuation.
The open source AI lab led by Dillon Rolnick has closed a 90 million dollar round led by Robot Ventures and is now pushing its self improving Hermes agent into corporate information technology departments.
The Palo Alto simulation vendor, which left stealth less than a year ago, will spend the new capital on computing power, hiring and a broader physics roadmap that reaches beyond chip thermal behavior.
RobCo, founded in Munich in 2020, says it passed a $1 billion valuation after investors bought more than $40 million in shares from current and former employees.