Form Energy raises $750M to build more 100-hour batteries for the grid
Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.
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AI | Enterprise | Fundraising | Venture
OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Altimeter Capital.
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AI | Fundraising | Startups | TC
AI coding startup Cognition reportedly already in talks to raise at $40B valuation
Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.
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OpenAI reportedly completed a $7 billion employee tender offer
San Francisco’s housing market is in trouble again.
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AI | Fundraising | Startups
Discovered Materials is playing AI whack-a-mole to hunt cooler chips
Discovered Materials raised $9 million to fund the hunt for more novel materials to build more efficient chips.
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Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry
The AI-focused hedge fund is still making some big bets.
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AI | Fundraising | Startups
Omilia raises $67M to scale its customer support platform
The Series B is the company’s second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million.
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AI | Commerce | Fundraising
Ex-Spotify employees raise $10M to bring the AI behind its recommendations to e-commerce
The startup’s platform predicts which product a shopper wants next, learns their general taste, and fine-tunes continuously based on what they do in real time.
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AI | Fundraising | Startups
Naïve raises $28.5M to automate the grunt work of setting up and running a company
Taking vibe-coding a step further, Naïve claims its infra can automate most of the work in setting up and running a business.
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Fundraising | Startups | TC | Transportation
Defense tech Hadrian raises $1.37B at $8B valuation
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It’s backed by a long list of well-known investors.
