Databricks signs term sheet at $188 billion valuation
Coatue is leading a strategic round for Databricks, with the amount undisclosed and proceeds earmarked for AI governance and datab...
By Ingrid Halvorsen 2 weeks agoSection
Funding
Lakestar closes $300 million European defence and resilience fund
The Spotify and Revolut backer has closed Lakestar Resilience I, a $300 million vehicle for defence, security and critical technol...
By Ingrid Halvorsen 2 weeks ago
CuspAI raises $450 million at $2.6 billion valuation
The Cambridge AI materials startup has lifted its valuation nearly fivefold in nine months, with Kleiner Perkins, NEA and Bezos Ex...
By Ingrid Halvorsen 2 weeks ago
Microagi raises $55 million seed round for factory robotics software
The Munich startup says its Hummingbird-led round is Germany’s largest seed financing; its valuation and revenue were not disclose...
By Ingrid Halvorsen 2 weeks ago
ProPlaintiff.ai takes undisclosed investment from Freestar co-founder
Christopher Stark, co-founder of Freestar and founder of The Stark Fund, is investing in and advising the AI legaltech startup.
By Ingrid Halvorsen 3 weeks ago
Fireworks AI tops a $3.4B week for large U.S. startup rounds
Crunchbase tracked ten large U.S. startup financings from July 11-17, with AI companies taking several of the biggest checks.
By Ingrid Halvorsen 3 weeks ago
Belgian techbio Sightera raises €3M for patient-first AI drug discovery
The Antwerp spin-off is using resistant patient tissue to train its models before designing small molecules, starting with oncolog...
By Marcus Adeyemi 3 weeks ago
Fora raises $60 million at $1 billion valuation for travel advisor platform
The New York company says it has passed $3 billion in lifetime bookings while recruiting 15,000 active advisors, most new to trave...
By Ingrid Halvorsen 3 weeks ago
ENGO raises €5.1 million for lightweight AR sports glasses
The Grenoble startup will hire 20 people and fund display miniaturization as Meta and other smart-glasses rivals push into heads-u...
By Marcus Adeyemi 3 weeks ago
Sapphire’s Ranum says AI startups face a proof gap
The Sapphire Ventures partner says investors are testing AI startups on cash flow, defensibility and enterprise adoption, not AI b...
By Marcus Adeyemi 3 weeks ago
Rime raises $24 million Series A for enterprise voice AI models
M13 led the round for the San Francisco startup, which says its speech models handle nearly 100 million enterprise calls a month.
By Ingrid Halvorsen 3 weeks ago
Hyundai buys SoftBank’s remaining Boston Dynamics stake
Hyundai will take full control of Boston Dynamics in a roughly $325 million deal as it prepares to put Atlas robots into its own f...
By Marcus Adeyemi 3 weeks ago