Castelion hits $13B valuation to mass-produce hypersonic missiles
Founded in 2022, Castelion set out to manufacture hypersonic weapon systems at a lower cost and at faster speeds than traditional defense primes.
-
-
Detroit startup Grounded raises $5M to customize electric and gas-powered vans
The company has shifted from making van-life builds to custom outfitting vehicles for small businesses, all while the EV landscape in the U.S. changed dramatically.
-
AI | Fundraising | Startups
Etched’s valuation doubles to $21B in a month
Jane Street has installed Etched’s first shipped AI cluster system, and was so impressed, it led another massive round, the startup says.
-
Groq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
-
Sound-powered fire protection startup gets $15M to snuff out fires before they turn catastrophic
Sonic Fire Tech raised its new funding to help get its sound-powered fire protection system into everything from commercial kitchens to apartment buildings.
-
Higgsfield raises $400M Series B, quadrupling its valuation in 8 months to $5.4B
Higgsfield, founded by former Snap exec Alex Mashrabov, lets users create AI images and videos.
-
Wispr raises $280M at $2B valuation as it looks beyond dictation
Wispr’s total funding is now over $361 million.
-
Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
-
AI | Fundraising | Startups | Venture
Sequen snags $16M to bring TikTok-style personalization tech to any consumer company
With its Series A, Sequen is bringing its proprietary AI ranking and personalization technology to large consumer business.
-
Arc expands into electric commercial and defense boats with $50M raise
The Los Angeles startup raised $50 million from Eclipse, a16z, Menlo Ventures, and others as it seeks to expand beyond sport boats.
