Archive snapshot · Startups
Wed, Aug 12, 8:50 PM ET
AI vibe-coding startup Lovable raises $400M at $13.3B valuation
Swedish AI startup Lovable doubles its valuation to $13.3 billion with a new $400 million Series C round co-led by Europe's Scaleup Fund and including Tencent.
TechCrunch · +15 outlets
AI startup Manus to return to independent operations after China forces Meta to unwind $2B acquisition
Chinese regulators blocked Meta's acquisition of AI startup Manus, forcing the company to split from Meta and resume independent operations.
CNBC · +14 outlets
Accel raises $550M ninth India fund and $800M early-stage Europe fund, plus $3.5B across four funds for early AI bets
VC firm Accel closed multiple funds totaling billions, including a $550 million India fund and an $800 million Europe early-stage fund, signaling strong investo
Sifted · +7 outlets
General Catalyst leads $1.1B round into 2-month-old AI startup River AI
River AI raised $1.1 billion led by General Catalyst just two months after founding, one of the largest early-stage rounds on record.
TechCrunch · +2 outlets
General Catalyst leads $1.1B round into 2-month-old River AI
River AI, a stealth AI startup, raised a massive $1.1 billion round led by General Catalyst just two months after founding.
TechCrunch · +2 outlets
SpaceXAI debuts Grok 4.6, matching GPT-5.6 Sol as world's third-best AI model
Elon Musk's SpaceXAI released Grok 4.6 with a focus on long-running agents and coding, achieving competitive benchmark scores against leading models.
VentureBeat · +1 outlets
OpenAI-backed Thrive Holdings raises $2B at $12B valuation for enterprise AI
Thrive Holdings raised $2 billion from SoftBank and others to bring AI solutions to enterprise customers.
TechCrunch · +4 outlets
Index Ventures in talks to lead $500M round for DeepMind researcher's new AI lab
A new AI lab founded by a DeepMind researcher is in discussions for a $500 million funding round led by Index Ventures.
Sifted · +2 outlets
AI coding startup Cognition eyes $1B raise at $40B valuation
Cognition, known for its AI coding agent Devin, is in talks to raise $1 billion at a $40 billion valuation.
Tech in Asia · +3 outlets
AI code review platform CodeRabbit hits $1.5B valuation in latest funding
CodeRabbit, an AI-powered code review startup, achieved a $1.5 billion valuation in its latest funding round.
axios.com · +3 outlets
Former OpenAI executive Kevin Weil raising $150M+ for AI science startup
Kevin Weil, a former OpenAI executive, is raising at least $150 million at a $750 million+ valuation for a new AI science startup.
qz.com · +1 outlets
Tesla wants to build $10B solar factory in Texas, seeks state incentives
Tesla is planning a massive $10 billion solar manufacturing facility in Texas and is requesting state subsidies to offset costs.
TechCrunch · +4 outlets
Form Energy raises $750M to manufacture 100-hour grid batteries
Form Energy raised $750 million to expand manufacturing of its long-duration iron-air batteries, with Google and Crusoe as customers.
TechCrunch · +3 outlets
Google unveils Pixel 11, Pixel Watch 5, Pixel Tag at Made by Google 2026
Google announced the Pixel 11 series, Pixel Watch 5, Pixel Tag tracker, and a range of new Gemini AI features at its annual hardware event.
TechCrunch · +14 outlets
AI code-testing startup Blacksmith's valuation jumps 10x to $550M
Blacksmith, an AI code-testing startup, saw its valuation surge nearly tenfold to $550 million as revenue grew more than tenfold over the past year.
TechCrunch · +5 outlets
AI safety pioneers Hinton, Fei-Fei Li, and Andrew Ng debate open-source AI at Ai4
Three leading AI researchers debated regulation, open-source access, and competition with China at the Ai4 conference.
TechCrunch · +8 outlets
UK drone defense startup Cambridge Aerospace raises $300M at $3.4B valuation
Cambridge Aerospace, a UK counter-drone defense startup, raised $300 million at a $3.4 billion valuation.
Wowtale · +6 outlets
Defense firm Neros triples valuation to $2.5B amid drone demand
Defense technology company Neros saw its valuation triple to $2.5 billion as demand for drone systems surges.
Investing.com UK · +4 outlets

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