Real-time updates from the world of business, finance, and technology.
Los Angeles-based Slips has raised $3.5 million in a Series Seed round. The startup wants to grow its peer-to-peer betting platform and expand into real-world venues.
Higgsfield has raised $80 million in a Series A extension, bringing total Series A funding to $130 million. The AI video platform now runs at a $200 million annual rate and serves millions of users daily.
Transition Metal Solutions raised $6 million in an oversubscribed seed round to scale its bio-based copper recovery technology. The company plans industrial pilot testing in 2026 to meet rising copper demand.
Project Eleven has raised $20 million in a Series A round to help secure digital assets against future quantum threats. The company plans to launch its next product in early 2026.
Deepgram announced it has raised USD 130 million in a Series C funding round. New capital will help grow its real-time voice AI platform and build new services.
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.
European cybersecurity startup Aikido has raised $60 million in Series B funding. The round values the company at $1 billion, making it the fastest cyber unicorn in Europe.
Meld has raised $7 million in a strategic funding round to grow its global payments network. The company plans to scale sales, expand into new markets, and support more stablecoin use cases.
Soley Therapeutics has raised $200 million in a Series C round to move its lead oncology assets into the clinic. The funding will also be used to scale its cell stress sensing platform and expand its broader pipeline.
Parabilis Medicines has closed an oversubscribed $305 million Series F financing to advance its lead cancer drug candidate FOG-001 and expand its Helicon peptide platform. The round was co-led by RA Capital, Fidelity, and Janus Henderson at a higher valuation than the company’s previous financing.
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.
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.
LMArena, an AI evaluation platform, raised USD 150 million in Series A funding. The round was led by Felicis and UC Investments with top investors joining in.
Lyte has revealed itself with USD 107 million in funding. The company builds perception systems that help robots see and act safely.
Manus has joined Meta in a strategic acquisition valued at USD 2 billion. The company will continue to run its product and operations from Singapore.
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%.
Banking tech firm Zeta has raised $50 million from a strategic investor. The deal values the company at $2 billion, up from its last funding round in 2021.
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 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.
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.
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 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 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 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.
Google has signed a deal to buy cloud security firm Wiz for USD 32 billion. The move strengthens Google Cloud’s push into security and multicloud services.
