Sila secures $1.4B Pentagon loan to expand silicon battery-material plant
Sila has landed a $1.4 billion loan from the U.S. Department of Defense to expand production of its silicon-carbon battery material.
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809 storiesArcher Aviation acquires former rival Wisk Aero from Boeing
Archer Aviation is acquiring former rival Wisk Aero from Boeing, along with two other subsidiaries, in exchange for a roughly 16.5% stake in Archer.
Embattled hedge fund invests $400M in chip startup Source Foundry
Situational Awareness, the AI-focused hedge fund founded by Leopold Aschenbrenner, invested $400 million more in chip startup Source Foundry despite recent steep losses, the Wall Street Journal reported.
OpenAI acquires presentation startup NextSlide
OpenAI has acquired presentation startup NextSlide, whose team is now working on ChatGPT, though the deal's financial terms were not disclosed.
Defense-tech firm Hadrian raises $1.37B at a $7.87B valuation
Defense-tech company Hadrian raised a fresh $1.37 billion round at a $7.87 billion valuation from a long list of investors.
Naïve raises $28.5M to automate running a company with AI agents
Naïve, which lets AI agents handle the setup and operation of a business, raised $28.5 million in Series A funding after signing up more than 30,000 developers.
Ex-Spotify trio raises $10M to bring recommendation AI to retail
Three ex-Spotify engineers raised $10 million in seed funding for Malachyte, a startup adapting Spotify's recommendation AI for real-time e-commerce personalization.
Omilia raises $67M to scale its customer support platform
Athens-based Omilia raised a $67 million Series B led by Expedition Growth Capital, after growing annual recurring revenue 10x to $60 million since its last round.
Moove raises $250M at $2.1B valuation for robotaxi push
Moove raised $250 million at a $2.1 billion valuation, led by Mubadala Investment Company, to expand its autonomous-vehicle fleet operations beyond its existing human-driven ride-hailing business.
Klaviyo acquires Elias Torres' AI startup Agency
Klaviyo has agreed to acquire Elias Torres' AI customer-success startup Agency, and Torres will join as chief product officer to expand Klaviyo's AI agents.
Indian EV startup River raises $120M Series C to scale its single-model bet
River, an Indian electric two-wheeler startup that has built its business around a single moped model, has raised a $120 million Series C to expand manufacturing capacity and add new models.
WindBorne raises $37M to turn balloon-fed AI forecasts into a business
WindBorne Systems, a weather-balloon and AI-forecasting startup, has raised a $37 million Series B at a $250 million valuation as it moves from government contracts toward private-sector customers.
Saudi Aramco's venture arm backs India's Mitti Labs in $9.5M round
Mitti Labs, a climate-tech startup using satellite imagery and AI to cut water use in Asian rice farming, has raised $9.5 million led by Aramco Ventures — Saudi Aramco's first investment in an Indian startup.
Walmart completes acquisition of streaming ad platform Vibe.co
Walmart has completed its acquisition of streaming TV ad platform Vibe.co, reportedly paying $1.4 billion, and is folding it into Walmart Connect.
Bending Spoons to buy Airtable for $1.28B
Bending Spoons has agreed to buy spreadsheet and database startup Airtable for $1.28 billion in cash, its first acquisition since going public last month.
Design Arena's creators raise $7.9M to bring taste to AI models
Intelligence, the company behind AI evaluation tool Design Arena, has raised a $7.9 million seed round led by Index Ventures, building on a product now used by 5.3 million people and generating $60 million in annual recurring revenue.
Base Power raises $1B Series D at $13 billion valuation
Home battery startup Base Power raised another $1 billion Series D at a $13 billion valuation, less than a year after its last billion-dollar round.
Horizon3 raises $250M Series E at $2B valuation
Cybersecurity startup Horizon3 has raised a $250 million Series E at a $2 billion valuation, more than tripling its worth in 14 months as AI-driven security threats escalate.
June raises $20M pre-seed to help enterprises deploy AI agents
June, a startup founded by former Salesforce executives, has raised $20 million in pre-seed funding led by Marc Benioff's Time Ventures to help enterprises deploy AI agents.
Index Ventures raises $2B across three funds after Wiz payout
Index Ventures raised $2 billion in fresh capital across three funds, lifting its total available capital to $3.5 billion, shortly after its Wiz stake delivered a $32 billion payout.