Topic: company valuation
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Applied Intuition Secures $600M to Expand Defense Tech Efforts
Applied Intuition raised $600 million in Series F funding, reaching a $15 billion valuation, driven by investor confidence in its defense and automotive tech innovations. The funding round was co-led by BlackRock and Kleiner Perkins, with new investors like Qatar Investment Authority and continue...
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Defense Startup Mach Industries Secures $100M Led by Khosla, Bedrock
Defense tech startup Mach Industries raised $100M in funding, led by Khosla Ventures and Bedrock Capital, valuing the company at $470M. Founded by 19-year-old Ethan Thornton, Mach has grown rapidly to 140 employees and specializes in advanced weapons systems like drones and gliders. The company i...
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Elon Musk’s xAI Seeks $300M in New Funding Round
Elon Musk's xAI is seeking $300 million in funding at a $113 billion valuation, following its $33 billion acquisition of X (formerly Twitter) last year. The share sale allows employees to sell stakes, potentially leading to a larger funding round with new equity for external investors. The fundra...
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Benchmark invests in Chinese AI startup Manus, valuing it at $500M
Manus AI, a Chinese AI agent tool startup, has raised $75 million in a funding round led by Benchmark, valuing the company at $500 million. The investment will enable Manus to expand its reach into key markets including the U.S., Japan, and the Middle East, following initial success. Following a ...
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