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Atomic Insights raises $10M seed to fix wealth payment workflows
Atomic Insights has raised $10 million in seed funding led by Aquiline. The fintech startup builds tools to simplify money movement for RIAs and family offices.
Intel spinout Articul8 raises Series B at $500M valuation
Enterprise AI firm Articul8 has raised more than half of its planned $70 million Series B round. The company is now valued at $500 million and plans to expand across Europe and Asia.
xAI raises $20B Series E with backing from NVIDIA, Fidelity
Elon Musk-founded xAI has raised $20 billion in a Series E round, above its original target. The funding brings in major financial and strategic investors as xAI scales compute and products.
SoftBank finishes $40B OpenAI deal with $22.5B top-up
SoftBank has completed its full commitment to invest in OpenAI after closing an additional $22.5 billion round. The final investment brings SoftBank’s ownership in OpenAI to around 11%.
Erebor Bank Raises USD 350 Million
Erebor Bank raised USD 350 million in a new round led by Lux Capital. The funding values the bank at USD 4.35 billion. It plans to expand services for tech, defense, and crypto clients.
Lovable raises $330 million in Series B funding
Lovable announced a $330 million Series B round. CapitalG and Menlo Ventures led it. The startup builds tools for non-technical people to create software.
MoEngage raises $180M more in Series F, total hits $280M
MoEngage has raised an extra $180 million in its ongoing Series F round. The funding also included a liquidity event for employees and early backers.
Databricks Raises Over $4B in Series L at $134B Valuation
Databricks has raised more than $4 billion in a Series L round at a $134 billion valuation. The company says its revenue run-rate has crossed $4.8 billion, growing over 55% from last year.
Mixx Technologies Raises $33 Million in Series A Funding
Mixx Technologies closed a $33 million Series A round. The round was led by ICM HPQC Fund with several other investors. The company builds optical connectivity for AI infrastructure.
SF Compute Raises USD 40 Million Series A for AI Marketplace
SF Compute closed USD 40 million in Series A funding. The round valued the company at USD 300 million. The cash will help grow its AI compute marketplace.
Jeff Bezos co-leads AI start-up Project Prometheus with $6.2B backing
Jeff Bezos has co-founded and will co-lead the AI start-up Project Prometheus, which received $6.2 billion in funding. The company focuses on AI for engineering, manufacturing, and aerospace applications.
Cursor raises $2.3B Series D at $29.3B valuation
AI coding assistant Cursor has raised $2.3 billion in a large Series D round, taking its valuation to $29.3 billion. The company plans to use the capital to build its in-house AI models and expand its product capabilities.
Anthropic raises $13B Series F led by ICONIQ
Anthropic has raised $13 billion in a Series F round led by ICONIQ. The deal values the AI company at $183 billion post-money and brings in a long list of global investors.
Scale AI raises strategic investment from Meta at over $29B valuation
Scale AI has received a major strategic investment from Meta Platforms, valuing the company at over $29 billion. The deal expands the companies’ commercial partnership and marks a leadership transition at Scale.
SoftBank commits up to $40B more to OpenAI
SoftBank Group plans to invest up to $40 billion more in OpenAI through a new follow-on deal. The move deepens its bet on AI as it looks to back OpenAI’s next phase of growth.