Waabi raises $1 billion to expand into robotaxis with Uber
Waabi has raised $1 billion and partnered with Uber to deploy 25,000 or more robotaxis, marking the startup's first expansion beyond autonomous trucking.
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810 storiesAnthropic doubles funding target to $20 billion
Anthropic is reportedly doubling its venture capital funding target to $20 billion, aiming for a $350 billion valuation ahead of a potential initial public offering this year.
Risotto raises $10 million to automate help desk ticketing
Risotto raised a $10 million seed round to automate help desk ticketing, aiming to disrupt incumbents by shifting workflows toward AI-first interfaces.
Phia raises $35M to build AI-powered shopping agent
Phia, a 10-month-old startup, raised $35 million to scale its AI-powered shopping agent, which aims to personalize consumer commerce and provide outfit recommendations.
MicroVision bids $33M for Luminar’s lidar business
MicroVision has submitted a $33 million bid for Luminar’s lidar assets, which could conclude the company’s bankruptcy case as the court-run auction wraps up.
Flora raises $42 million to scale its node-based design platform
Flora raised $42 million in Series A funding led by Redpoint Ventures, with plans to scale its enterprise sales and expand its generative design product features.
Northwood Space raises $100M and wins $50M Space Force contract
Northwood Space secured a $100 million Series B and a $49.8 million US Space Force contract to modernize ground-based satellite communications infrastructure.
SpotDraft raises $8M from Qualcomm to scale on-device contract AI
SpotDraft raised $8 million from Qualcomm Ventures at an around $380 million valuation to scale its on-device contract review technology for privacy-critical enterprise workflows.
Rad Power Bikes sold to Life Electric Vehicles for $13.2M
Rad Power Bikes has agreed to sell itself to Life Electric Vehicles Holdings for around $13.2 million, following a bankruptcy process that wiped out its previous $1.65 billion valuation.
CVector raises $5 million to build industrial AI nervous system
CVector, an industrial AI startup, has raised $5 million in seed funding to scale its software platform, which helps manufacturers translate operational actions into economic savings.
Obvious Ventures raises $360M for fifth fund
Obvious Ventures has raised a fifth fund of $360,360,360, solidifying its position as an established firm in a market where few VCs successfully raise beyond three funds.
VC firm 2150 closes €210M fund to target urban climate challenges
European venture capital firm 2150 has raised a €210 million second fund to invest in technologies addressing climate and resource challenges in cities.
Synthesia raises $200M at $4B valuation
Synthesia raised $200 million at a nearly $4 billion valuation, reaching $100 million in ARR while launching a structured employee secondary sale program.
Harvey acquires Hexus to boost legal AI engineering
Legal AI startup Harvey has acquired Hexus, a startup specializing in product demos and guides, to accelerate its engineering capabilities for in-house legal departments.
TikTok establishes US joint venture to comply with executive order
TikTok has established a U.S. joint venture to comply with executive orders, with ByteDance retaining less than 20% ownership and Oracle serving as the security partner.
Ex-Sequoia partner launches Blockit, an AI scheduling startup
Kais Khimji, a former Sequoia Capital partner, launched Blockit, whose AI agents negotiate meeting times directly with other calendars, in a $5 million seed round led by Sequoia.
Capital One to acquire Brex for $5.15 billion
Capital One will acquire fintech startup Brex for $5.15 billion in cash and stock, a significant discount from the company's previous $12.3 billion private-market valuation.
LiveKit hits $1 billion valuation with $100 million funding
LiveKit, which powers ChatGPT’s voice mode, has raised $100 million at a $1 billion valuation to scale its real-time voice and video infrastructure.
vLLM creators launch Inferact with $150 million seed round
Inferact, the startup commercializing the open-source vLLM project, has raised $150 million in seed funding at an $800 million valuation to accelerate AI inference.
Crush It Ventures launches $5 million fund for wellness startups
Former Dogpound CEO Jenny Liu has launched Crush It Ventures, a $5 million early-stage fund aiming to back wellness startups and bridge funding gaps for underrepresented founders.