Nandan Nilekani steps down as GP at Fundamentum Partnership
Infosys co-founder Nandan Nilekani is stepping down as general partner at Fundamentum Partnership as the firm targets about $200 million for its third fund.
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Startups & Funding
810 storiesLovable in talks to double valuation to $13.2 billion
The Swedish vibe-coding startup is reportedly in talks to raise $300 million at a $13.2 billion valuation, twice its December figure, with Menlo Ventures expected to lead the round.
Paradigm raises $1.2 billion fund, expands into AI and robotics
Crypto venture firm Paradigm has raised $1.2 billion for its third venture fund, which is expected to expand its investment focus beyond crypto into AI and robotics.
Prime Intellect raises $130m to help firms build AI agents
Prime Intellect raised $130 million in a Series A round at a $1 billion valuation, aiming to help enterprises build AI agents independent of closed frontier labs.
Vermilion Cliffs Ventures closes $25M second fund
Solo GP Ashley Smith closed a $25 million second fund for Vermilion Cliffs Ventures, backing technical founders building in AI infrastructure, security, and dev tools.
Blue Origin reportedly raising $10 billion at $130 billion valuation
Blue Origin is reportedly raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Jeff Bezos, and other investors, per The New York Times.
SambaNova raises $1B at $11B valuation, led by General Atlantic
SambaNova Systems raised $1 billion at an $11 billion valuation in a first close of its Series F round, led by General Atlantic, with more investors expected soon.
Figma acquires AI agent startup Bud
Figma has acquired the team behind AI agent platform Bud, which will shut down its existing services by July 18 as the design giant expands its prototyping tools.
Chemistry Ventures raising $500 million for second fund
Chemistry Ventures is raising $500 million for its second fund, which is reportedly oversubscribed and expected to close soon.
Norm raises $120M at $1.2B valuation for AI law firm
Norm, an AI-native law firm, raised $120 million in Series C funding at a $1.2 billion valuation, bringing its total funding to more than $260 million.
Bidbus raises $15M to scale its used-car marketplace
Bidbus raised $15 million in early-stage venture funding to scale its marketplace, which its founders claim offers about $2,000 to $3,000 more than competitors like Carvana.
Station F expands F/ai accelerator to boost European AI startups
Station F is preparing the second batch of its F/ai accelerator, aiming to help European AI startups transition from early product to revenue.
Magnify Ventures raises $46.6 million for second care economy fund
Magnify Ventures has raised $46.6 million for its second fund, continuing its focus on investing in AI-driven care economy startups and family-focused fintech infrastructure.
Neo bets on model-agnostic AI to replace legacy workplace tools
Bhavin Turakhia is investing $30 million to launch Neo, an enterprise AI platform designed to replace legacy workplace software with a model-agnostic, ground-up architecture.
Ashton Kutcher departs Sound Ventures to focus on AI infrastructure
Ashton Kutcher is leaving Sound Ventures to co-found a new venture capital firm with Morgan Beller, focusing on early-stage investments in AI infrastructure, energy, and deep tech.
Together AI raises $800 million at $8.3 billion valuation
Together AI raised $800 million at an $8.3 billion valuation, driven by surging demand for open source AI models and its neocloud infrastructure.
Privacy-focused Venice AI raises $65M at $1 billion valuation
Venice AI reached a $1 billion valuation after raising a $65 million Series A, driven by demand for its privacy-first, uncensored AI platform.
Wayve launches $85M employee tender offer at $8.5B valuation
Wayve is offering employees $85 million in liquidity through a tender offer, valuing the U.K.-based self-driving startup at $8.5 billion.
EquiLibre Technologies raises Series A at $500 million valuation
Prague-based AI lab EquiLibre Technologies has reached a $500 million valuation in a Series A round led by Creandum to scale its reinforcement learning trading infrastructure.
8090 Labs raises $135 million for AI coding agent
Chamath Palihapitiya’s startup 8090 Labs raised $135 million in an early-stage venture capital funding round led by Salesforce Ventures to build an AI coding agent for corporate teams.