Topic: investor involvement
-
AI Startup Outtake Secures $40M from Tech Titans
Outtake, a cybersecurity startup, raised $40 million in Series B funding led by ICONIQ, with notable backing from tech leaders like Satya Nadella and Nikesh Arora, signaling strong confidence in its potential. The company's automated platform detects and dismantles digital impersonation fraud, su...
Read More » -
SportsVisio Secures $3.2M for AI-Powered Athlete & Fan Tech
SportsVisio raised $3.2 million in new funding, totaling $9 million, with backing from Sony Innovation Fund and others to expand its AI sports analytics and content creation tools. Sony Innovation Fund and Mighty Capital highlighted SportsVisio's democratization of professional-grade tools for am...
Read More » -
Waymo Secures $16 Billion for Global Robotaxi Expansion
Waymo has secured $16 billion in new funding, valuing the company at $126 billion, to accelerate its shift from testing to large-scale commercial deployment and expand its driverless taxi service internationally. The company is rapidly scaling its operations, now providing about 400,000 rides wee...
Read More » -
Skild AI Hits $14B Valuation in Robotics Software Boom
Skild AI raised $1.4 billion in Series C funding, led by SoftBank and Nvidia, skyrocketing its valuation to over $14 billion from $4.5 billion just months earlier. The company develops general-purpose robotic foundation models that enable adaptable intelligence for various robots, aiming for syst...
Read More » -
Anthropic Seeks $10B at $350B Valuation
Anthropic is reportedly preparing to raise $10 billion in new funding, which would value the AI company at approximately $350 billion, nearly doubling its worth in three months. The new investment round, led by Coatue Management and GIC, is separate from a prior $15 billion commitment from Nvidia...
Read More » -
Fal AI Valued at $4 Billion in Latest Funding Round
Fal AI raised $250 million in a funding round valuing the company at $4 billion, with major investors including Kleiner Perkins and Sequoia, following a $125 million Series C round just three months prior. The company's rapid growth is driven by high market demand for multimodal AI capabilities, ...
Read More » -
Defense Tech Startup Mach Industries Eyes $100M Funding Round
Mach Industries is close to securing a $100 million funding round led by Khosla Ventures and Bedrock Capital, potentially valuing the company at $470 million. Founded by 21-year-old Ethan Thornton, the startup specializes in advanced aerospace systems and has attracted notable investors like Sequ...
Read More » -
Lovable Hits $200M ARR, CEO Credits European Roots for Success
Lovable has doubled its annual recurring revenue to $200 million in just four months, achieving rapid growth since reaching $100 million ARR in July. The company's decision to remain in Europe instead of relocating to Silicon Valley proved strategically beneficial, fostering a distinct culture an...
Read More » -
Revolut Aims for $65B Valuation After $45B Deal Last Year
Revolut is reportedly seeking a $65 billion valuation in its latest funding round, up from $45 billion last year, aiming to raise $1 billion through new shares and secondary sales. U.S. investment firm Greenoaks is leading the round, following Revolut's strong 2023 performance with 72% revenue gr...
Read More » -
RadixArk Spins Out With $400M Valuation Amid AI Inference Boom
RadixArk, the commercial company behind the open-source AI inference tool SGLang, has raised funding at a valuation of approximately $400 million, reflecting a trend of open-source projects becoming high-value startups. The company focuses on optimizing AI inference processing to make models run ...
Read More » -
Neon App Shut Down After Major Security Breach Exposes User Data
The Neon app, which paid users to record calls for AI data sales, was abruptly taken offline after a major security breach exposed all users' private call recordings, transcripts, and phone numbers. A critical vulnerability allowed any logged-in user to access others' sensitive data due to a lack...
Read More » -
IXI Secures $36.5M From Amazon to Revolutionize Prescription Glasses
A Finnish startup is shaking up the eyewear industry with cutting-edge technology that could make traditional prescription glasses obsolete. IXI, a Helsinki-based company, just secured $36.5 million in Series A funding, with backing from Amazon’s Alexa Fund and other prominent investors.
Read More » -
ServiceNow Acquires Cybersecurity Firm Armis for $7.75 Billion
ServiceNow is acquiring cybersecurity firm Armis for $7.75 billion in cash, significantly expanding its security portfolio and integrating asset intelligence into its platform. Armis, a rapidly growing company with over $340 million in annual recurring revenue, opted for this acquisition over an ...
Read More » -
Trump Approves TikTok-Oracle Deal to Avoid US Ban
President Trump has endorsed a deal to transfer control of TikTok's U.S. operations to a consortium of American firms, valuing the business at about $14 billion and averting a ban. The agreement involves Oracle, Silver Lake, and Abu Dhabi's MGX acquiring a 45% stake, while ByteDance investors kee...
Read More »