Topic: funding rounds
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Kalshi Hits $11B Valuation With $1B Funding Round
Kalshi raised $1 billion in funding, increasing its valuation to $11 billion, with backing from investors like Sequoia and CapitalG, reflecting rapid growth and investor confidence. The platform and its competitor Polymarket gained user traction by enabling bets on events like the U.S. presidenti...
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VCs Crown AI Winners Early with 'Kingmaking' Strategy
Venture capital firms are increasingly using a "kingmaking" strategy, deploying massive early funding to create a perceived market leader in AI, often before startups have significant revenue. This accelerated investment pattern is evident in sectors like AI enterprise software, where rivals secu...
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Nothing Aims for $5M Community Raise, Eyes IPO in 3 Years
Nothing is launching a $5 million community investment round, allowing its users to buy shares at its $1.3 billion valuation, building on previous successful grassroots funding events. The company is restructuring to compete in the smartphone market, spinning off its CMF brand and focusing on AI ...
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X-energy Secures $700M to Advance Nuclear Energy
X-energy secured $700 million in Series D funding, bringing its total funding to $1.8 billion and highlighting strong investor confidence in advanced nuclear technologies. The funding will accelerate the development of its small modular reactor supply chain, with a robust order book for 144 units...
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Wispr Raises $25M as Voice Dictation App Gains Traction
Wispr secured $25 million in new funding, bringing its total to $81 million, with strong investor backing and notable growth, including a 40% month-over-month increase and adoption by 270 Fortune 500 companies. The company is focusing on aggressive international expansion, developing proprietary ...
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Lovable AI Nears 8 Million Users, Targets Corporate Market
Lovable has experienced explosive growth, nearing 8 million users and generating 100,000 new products daily, backed by $228 million in funding and a valuation of up to $1.8 billion. Despite a 40% traffic drop in the "vibe coding" sector, the platform maintains strong user retention and over 100% ...
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Sakana AI Secures $135M to Build Japan's AI Models
A new wave of specialized AI firms, such as Tokyo-based Sakana AI, is emerging to develop models tailored for specific regions, industries, or applications, differentiating them from global tech giants. Sakana AI secured ¥20 billion (approximately $135 million) in a Series B funding round, valuin...
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Bending Spoons: The Company Behind the AOL Acquisition
Bending Spoons has elevated its four cofounders to billionaire status through a major funding round and secondary share sale, securing $270 million in new capital and a $440 million secondary transaction from investors. The company specializes in acquiring and revitalizing underperforming tech br...
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Mistral AI: The OpenAI Competitor You Need to Know
Mistral AI is a rapidly growing French startup challenging global AI leaders with its innovative models like Le Chat and strategic partnerships, backed by significant investment and high-profile endorsements. The company offers both open-source and premium AI products, including consumer and ente...
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Mistral AI: All You Want To Know About OpenAI Rival
Mistral AI is a rapidly growing European AI company, founded in France in 2023, with a mission to democratize AI and a valuation nearing $14 billion, backed by significant funding and strategic partnerships. The company's flagship product, Le Chat, has gained traction with over a million download...
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Function Health Raises $298M at $2.5B Valuation in Series B
Function Health raised $298 million in Series B funding, valuing the company at $2.5 billion, to advance its mission of transforming personal health data into actionable insights using AI. The company launched a Medical Intelligence Lab with a proprietary generative AI model, trained by doctors, ...
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Jeff Bezos' AI Startup Secretly Buys Agentic Computing Firm
Jeff Bezos' AI startup Project Prometheus has acquired the AI firm General Agents, expanding its focus on advanced systems for manufacturing and aerospace with significant talent and funding. The acquisition was finalized swiftly after a private dinner hosted by tech entrepreneur Vik Bajaj, who c...
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Robotaxi's Crucial Expansion: Why It Matters
Waymo has expanded its commercial robotaxi services to freeways in major metropolitan areas, significantly increasing operational efficiency and enabling faster travel routes. The freeway capability is crucial for connecting to San Francisco International Airport, potentially creating a major rev...
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DACLab Cuts CO2 Removal Energy Use Below Competitors
Despite global pledges to reduce carbon emissions, they reached a record high last year, increasing the urgency for effective carbon removal technologies like direct air capture (DAC). DACLab has developed a system that uses only 1,500 kWh per metric ton of CO₂ captured, improving on the industry...
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Terra Oleo's Microbes: A Sustainable Palm Oil Alternative
Shen Ming Lee co-founded Terra Oleo to address the environmental harm of the palm oil industry by producing sustainable oils from agricultural waste using microbial fermentation. The startup recently secured $3.1 million in funding and is focusing on high-value specialty oils for cosmetics and ph...
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Nuclear Startup Deep Fission Goes Public via SPAC
Deep Fission secured $30 million in funding through a reverse merger to develop small-scale, deeply buried nuclear reactors, addressing investment challenges in the energy sector. The company's innovative design involves placing 15-megawatt reactors a mile underground to mitigate risks like meltd...
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Motion raises $38M to build the Microsoft Office of AI agents
Harry Qi co-founded Motion, an AI-powered calendaring and task management app, after leaving a lucrative finance career to pursue meaningful impact. Motion's AI agent bundle for small and midsized businesses rapidly attracted over 10,000 B2B customers and reached $10 million in annual recurring r...
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Vocal Image: AI-Powered Tools for Better Communication
Vocal Image is an Estonia-based startup offering an AI-powered app that helps users improve their voice and communication skills through interactive exercises and personalized feedback, with over 4 million downloads and significant revenue growth. The company was inspired by CEO Nick Lahoika's pe...
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Unlisted Pre-Matches Home Sellers With Buyers Before Listing
Unlisted is a real estate platform that connects potential buyers with homeowners before properties are officially listed for sale, addressing a gap in the market. The platform uses public records to create home profiles and allows buyers to join waitlists, signaling interest directly to homeowne...
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Bending Spoons: The Company That Acquired Eventbrite
Bending Spoons, a Milan-based tech conglomerate, has acquired Eventbrite for $500 million, adding it to a portfolio of well-known digital brands like Evernote and WeTransfer. The company's strategy involves acquiring stagnant digital products and actively overhauling them through controversial ch...
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Accel Invests in Uber Rival Rapido as Prosus Increases Stake
Venture capital firm Accel has made a strategic investment in Indian ride-hailing service Rapido, with Prosus increasing its stake, facilitated by TVS Motor's full divestment of its shares for approximately $32 million. TVS Motor achieved a return on investment exceeding 152% over three years, ha...
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Armis Raises $435M Pre-IPO at $6.1B Valuation, Rejects M&A Offers
Armis raised $435 million in a pre-IPO funding round, valuing the company at $6.1 billion and signaling strong investor confidence in its growth trajectory. Despite receiving multiple acquisition offers, including a $5 billion bid, Armis is pursuing an independent IPO, with its CEO targeting a pu...
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Anthropic Aims for $70 Billion Revenue by 2028
Anthropic projects staggering financial growth, targeting up to $70 billion in revenue and $17 billion in cash flow by 2028, driven by its expanding suite of business products. The company is advancing its B2B strategy through partnerships with Microsoft and Salesforce, deploying its AI assistant...
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D-ID Acquires Simpleshow to Expand AI Video Capabilities
D-ID has acquired Simpleshow to enhance its AI video solutions and expand its market presence, particularly in enterprise avatar videos. The acquisition integrates Simpleshow's 1,500+ enterprise clients, including major names like Microsoft and Adobe, boosting D-ID's revenue and growth potential....
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Cloud Provider Lambda Reportedly Prepares for IPO
Lambda, a major AI infrastructure provider, is reportedly preparing for an IPO with guidance from Morgan Stanley, J.P. Morgan, and Citi. The potential IPO, possibly in the first half of 2026, aims to leverage investor enthusiasm for AI-driven infrastructure and scalable GPU solutions. Lambda has ...
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FirstClub's Premium Strategy Defies India's Speed Obsession, Hits $120M Valuation
FirstClub has achieved a $120 million valuation by prioritizing quality over speed, securing $23 million in Series A funding led by Accel and RTP Global. The startup targets India's top 10% of households with curated, exclusive products and a personalized shopping experience, resulting in high av...
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FlatPay Becomes Europe's Latest Fintech Unicorn
FlatPay has become Europe's newest unicorn with a €1.5 billion valuation, focusing on simple flat-rate card payment solutions for small and medium-sized businesses. The company's customer base surged from 7,000 to 60,000 merchants, achieving over €100 million in annual recurring revenue and aimin...
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Databricks Eyes $130B+ Valuation in New Funding Round
Databricks is in talks for a new funding round that could value the company at over $130 billion, reflecting strong investor confidence and rapid growth in the AI sector. The company plans to use recent funds to develop a specialized AI database and advance its AI agent platform, with CEO Ali Gho...
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Terraforming Robots: A Founder's Plan to Stop Urban Flooding
San Rafael's Canal District has subsided by three feet, increasing its vulnerability to sea-level rise and flooding, a problem shared by many coastal communities worldwide. Terranova proposes lifting land using robots that inject a wood-waste slurry underground, offering a more affordable solutio...
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Space DOTS Secures $1.5M Seed Funding to Track Orbital Threats
Bianca Cefalo founded Space DOTS to address the slow pace of corporate innovation in the space sector, focusing on identifying and interpreting orbital threats. The company's SKY-I software platform provides real-time data and analysis to help spacecraft operators detect and attribute both natura...
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Viture's New AI Glasses: The Stealth AR Startup's Next Move
Vonderful Inc., a stealth project from augmented reality startup Viture, is developing advanced AI-powered smart glasses to compete directly with Meta, with a planned launch around the Consumer Electronics Show timeframe. The upcoming Vonder glasses may feature more advanced display technology th...
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a16z Leads $21M Series A for AI Tax Compliance Platform Sphere
Sphere raised $21 million in Series A funding led by Andreessen Horowitz to address international tax compliance challenges for businesses expanding globally, automating the entire tax lifecycle from registration to remittance. The platform uses an AI model called TRAM to analyze tax rules across...
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Ventures Platform Secures $64M to Fuel African Startups
Ventures Platform has raised $64 million for its second fund, with a target of $75 million, to support early-stage startups across Africa, including expansion into Series A investments and new geographic markets. The Nigerian government participated for the first time through the iDICE program, j...
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Flipkart Clears Hurdle for India Relocation Ahead of IPO
Flipkart is in advanced stages of relocating its headquarters from Singapore to India, a strategic move to prepare for a potential IPO in India as early as 2026. The company has obtained preliminary approval from a Singapore court and is progressing through Indian regulatory bodies, aiming to com...
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ClickUp's New AI Assistant Takes on Slack and Notion
ClickUp 4.0 introduces a unified platform integrating calendar management, communication tools, document handling, and task tracking, alongside new AI assistant capabilities. The release features two AI agents: one that proactively answers questions using internal and external sources, and anothe...
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Flipkart's Super.money Expands Reach with Juspay Partnership
Super.money is expanding its market presence through a partnership with Juspay, aiming to reach $100 million in annual revenue by 2026 by enhancing its direct-to-consumer checkout services. The company has rapidly grown to become one of India's top five UPI apps by transaction volume and is a lea...
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Cursor AI: A Coding Tool Built for Designers
Cursor AI is launching a Visual Editor that allows users to design applications using both precise controls and conversational AI commands, aiming to unify design and development workflows. The company has achieved rapid growth with over $1 billion in annual revenue and a high valuation, but now ...
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Sortera Turns Scrap Aluminum Into Cash
Recycling aluminum is highly beneficial but hindered by inefficient sorting of mixed scrap, which Sortera addresses with a proprietary system achieving over 95% accuracy. Sortera's AI-driven technology uses lasers, X-rays, and cameras to quickly identify and separate aluminum alloys, enabling pro...
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Apple's App of the Year: A Surprising Tool for Everyone
Apple named Tiimo, an AI-powered visual planning app designed for neurodivergent users, as its 2025 iPhone App of the Year, highlighting a focus on organization and clarity. The app combines a digital planner with an interactive AI chatbot, offering a clean interface for managing tasks and sc...
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Dubai's Global Platform: Fund Your Startup and Scale Worldwide
Expand North Star in Dubai is a premier global event for startups seeking international expansion and investment, organized by the Dubai World Trade Centre and hosted by the Dubai Chamber of Digital Economy, with the 2025 edition taking place from October 12th to 15th at Dubai Harbour. The event ...
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Judge Slams $1.5B AI Settlement as Forced on Authors
A federal judge criticized a proposed $1.5 billion settlement for inadequately protecting authors and lacking transparency in Anthropic's alleged use of pirated books to train its AI systems. The settlement covers only a small fraction of the potential damages and works involved, while Anthropic ...
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Atlassian Acquires The Browser Company for $610M
Atlassian acquires The Browser Company for $610 million in an all-cash deal to develop specialized, AI-enhanced browsers for professional productivity. The acquisition will focus on advancing the Dia browser project, with The Browser Company retaining operational independence while accelerating h...
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OpenEvidence, AI for Doctors, Raises $200M at $6B Valuation
OpenEvidence has raised $200 million at a $6 billion valuation, reflecting strong investor confidence in specialized AI tools for healthcare, following a previous $210 million round just three months earlier. The platform serves as a medical version of ChatGPT, offering verified healthcare profes...
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Nvidia Invests Up to $1 Billion in AI Startup Poolside
Nvidia is planning a $500 million to $1 billion investment in Poolside, an AI platform for software development, as part of a larger $2 billion funding round valuing the startup at $12 billion. This investment continues Nvidia's previous support, having also contributed to Poolside's $500 million...
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OpenAI Allows Employees to Donate Equity to Charity
OpenAI has launched a policy enabling current and former employees to donate their company equity to charity, addressing long-standing workforce concerns and internal pressure. The rollout is delayed by about 18 months, complicating recruitment efforts amid intense AI talent competition, and feat...
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