Topic: valuation
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OpenAI Raises $3B from Retail Investors in $122B Round
OpenAI has secured a $122 billion funding round, achieving an $852 billion valuation to fuel AI chip procurement, data center expansion, and talent recruitment ahead of a potential public listing later this year. The funding round was co-led by major investment firms and strategic tech partners, ...
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Clay Raises $100M at $3.1B Valuation
Clay raised $100 million in Series C funding led by CapitalG, reaching a $3.1 billion valuation, just six months after its $1.25 billion Series B. The company’s total funding now stands at $204 million, with continued support from investors like Sequoia Capital and new participation from Sapphire...
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LM Arena Secures $100M for AI Leaderboards
LM Arena raised $100 million in seed funding at a $600 million valuation, led by Andreessen Horowitz and UC Investments, with participation from top venture firms. The platform, launched by UC Berkeley researchers in 2023, provides transparent AI model comparisons and is widely used by major AI l...
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Anthropic in talks to buy Decart for $6B, its largest deal yet
Anthropic is in early-stage talks to acquire AI startup Decart for roughly $6 billion, which would be its largest acquisition ever, though negotiations are fluid and could collapse. The deal would bring Decart's AI infrastructure expertise in efficient model deployment to complement Anthropic's l...
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Walden Robotics Debuts with $300M and No Legs
Walden Robotics emerged from stealth with $300 million in funding and a $1.1 billion valuation, differentiating itself by using wheeled bases instead of legs on its factory humanoids for safety and practicality. Since February, Walden's robots have been working eight-hour shifts at a Toyota plant...
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Cruise missile maker Destinus seeks €5B valuation in €200M pre-IPO raise
Destinus, a Netherlands-based defence tech startup, is in talks to raise about €200 million in a pre-IPO round, targeting a valuation over €5 billion with projected annual revenues of €500 million. The funding reflects growing investor confidence in the European defence sector, driven by geopolit...
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MIT Dropouts Raise $32M at $300M Valuation Led by Insight
Two MIT dropouts secured $32 million in Series A funding at a $300 million valuation for their AI compliance startup, Delve, led by Insight Partners, following rapid growth from a $3 million seed round. Delve’s AI platform automates compliance processes like HIPAA and GDPR, saving businesses hund...
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General Catalyst bets $63M on India's travel payments market
General Catalyst led a $63 million investment in Indian fintech startup Scapia, valuing it at over $500 million, despite a global slowdown in fintech funding. Scapia integrates co-branded credit cards, UPI payments, and travel bookings into one app, targeting younger Indians who prefer flexible t...
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Adam Neumann's Flow Secures $100M+, Valuation Soars to $2.5B
Former WeWork CEO Adam Neumann has successfully secured over $100 million for his proptech venture, Flow, pushing the company's valuation to approximately ...
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Humanoid robot maker EngineAI files for Hong Kong IPO
EngineAI, a Shenzhen-based humanoid robotics startup, has confidentially filed for an IPO in Hong Kong, working with China International Capital Corp and Citic Securities after a Series B funding round valued the company at over $1.5 billion. The company, known for its viral PM01 robot performing...
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