Rocket Lab to acquire satellite operator Iridium for $8 billion
Rocket Lab is acquiring satellite operator Iridium for $8 billion, though the deal has not yet closed, marking another step in the ongoing consolidation of the space industry.
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Startups & Funding
810 storiesSpaceX eyes acquisition of optical startup Mesh Optical Technologies
Elon Musk is reportedly eyeing an acquisition of Mesh Optical Technologies, a startup founded by former SpaceX engineers that develops optical transceivers for data centers.
Patronus AI raises $50 million to stress-test AI agents
San Francisco-based Patronus AI raised $50 million in Series B funding to expand its simulated digital environments for stress-testing autonomous AI agents.
General Intuition raises $320M to train AI agents on gameplay data
General Intuition raised $320 million at a $2.3 billion valuation to advance its agentic AI models, which use gameplay data to train robots for real-world tasks.
Adobe buys Topaz Labs to boost AI video and image tools
Adobe is acquiring AI startup Topaz Labs to integrate its models into its Creative Cloud suite, with the transaction closing in the second half of 2026.
Hang Ten Systems raises $32 million to automate IT services
Vishal Sikka’s new startup, Hang Ten Systems, raised $32 million to challenge traditional IT services firms by using AI to automate software development and maintenance.
Valor Equity Partners targets $2.5B for seventh fund
Valor Equity Partners is reportedly targeting at least $2.5 billion for its seventh fund, continuing its strategy of backing growth-stage companies and long-term investments.
MoEngage bets on AI agents to challenge Salesforce and Adobe
MoEngage has acquired AI startup Aampe in an all-cash deal worth tens of millions of dollars to enhance its marketing platform with autonomous AI agents.
Superhuman acquires AI detection startup GPTZero
Superhuman has acquired AI detection startup GPTZero, which reported more than 19 million users and $30 million in annual recurring revenue.
Menlo Ventures raises $3 billion fund after Anthropic success
Menlo Ventures raised $3 billion, its largest fund to date, fueled by a massive, successful early bet on AI model maker Anthropic.
HaloBraid raises $7M to automate hair braiding
HaloBraid raised $7 million in seed funding to develop a robotics device aimed at reducing the time-intensive process of professional hair braiding.
Fika Jobs raises $4M to automate hiring with AI video agents
Stockholm-based Fika Jobs raised $4 million in early-stage funding to scale its video interview platform, which uses AI agents to evaluate job candidates.
Groq raises $650 million to pivot toward neocloud model
Groq raised $650 million to pivot toward a neocloud business model following a licensing deal with Nvidia that saw the departure of its founder and key executives.
Seedcamp raises $320 million to expand US footprint
Seedcamp raised $320 million for its latest fund, splitting the capital between early-stage investments and a new growth-stage vehicle while expanding its presence in the United States.
Kyber raises $5 million to build infrastructure for physical AI
Paris-based Kyber raised $5 million led by Lightspeed to build an infrastructure layer for real-time remote device control, targeting the growing physical AI and robotics market.
Commonwealth Fusion Systems leads the over $100M fusion startup cohort
Fusion power is transitioning to a tangible technology, with startups like Commonwealth Fusion Systems raising near $3 billion to reach commercially relevant energy production.
Elastic to acquire Deductive AI for up to $85 million
Elastic has agreed to acquire AI-native startup Deductive AI for up to $85 million to integrate agentic technology into its observability platform.
Baseten reportedly nears $1.5B funding at $13B valuation
Baseten is reportedly close to finalizing a $1.5 billion funding round at a $13 billion valuation, marking a rapid increase in the AI inference startup's worth.
Y Combinator unveils Spring 2026 cohort with record valuations
Y Combinator unveiled its Spring 2026 cohort, where valuations surpassed expectations, with at least two startups fetching valuations of $175 million or more.
General Intuition in talks to raise $300M at $2B valuation
General Intuition is reportedly in talks to raise around $300 million at a valuation of just over $2 billion to scale its AI agent training platform.