Archive snapshot · Startups
Fri, Sep 11, 8:00 PM ET
Bending Spoons to acquire Miro for $1.36B, about 90% below the collaboration startup's 2022 valuation
The all-cash deal values the workplace collaboration platform far below the $17.5B it was worth in 2021, underscoring the reset in late-stage software valuation
TechCrunch · +6 outlets
Listen Labs abandons $125M funding round as Salesforce acquisition talks surface
The AI research startup reportedly walked away from a signed Series C term sheet from Menlo Ventures amid talks for a roughly $2B sale to Salesforce.
TechCrunch · +7 outlets
Harvey raises $550M at $15.5B valuation, months after hitting $11B
The legal AI startup's rapid markup reflects continued investor appetite for vertical AI applications in professional services.
Wowtale · +5 outlets
The Boring Company raises $3B at $23B valuation in round led by UAE
The tunnel-digging startup plans more than 150 kilometers of tunnels in the Middle East, and the round set an Austin startup funding record.
TechCrunch · +13 outlets
Cognition raises $2B at $48B valuation as AI coding competition intensifies
The Peter Thiel-backed maker of the Devin coding agent roughly doubled its valuation, with Andreessen Horowitz and Accel leading.
WSJ · +3 outlets
Mistral reaches $24B valuation in latest funding round backed by Samsung
The French AI lab's new valuation cements its position as Europe's leading frontier model developer with strategic backing from the Korean giant.
Sifted · +9 outlets
DeepSeek taps CITIC Securities for potential Shanghai STAR Market IPO
The Chinese AI lab's move to a domestic listing comes as the global AI funding race intensifies.
qz.com · +14 outlets
Positron AI raises $875M Series C at $5B valuation
The AI chip startup's soaring valuation highlights investor demand for alternatives to Nvidia hardware.
qz.com · +5 outlets
Anthropic details distillation campaigns from Alibaba, Moonshot AI, and DeepSeek
The report alleges persistent model-distillation attacks by China-based AI companies that have escalated as competition intensifies.
TechCrunch · +14 outlets
Mach Industries doubles valuation to $3.7B in three months on $600M extension
The defense tech startup's Series C extension brings the round total to $900M, reflecting surging investor interest in defense manufacturing.
TechCrunch · +2 outlets
Bynario raises €2.1M pre-seed after AI research exposed serious Apple vulnerabilities
The Milan cybersecurity startup's researchers used frontier AI models to find flaws in Apple operating systems before closing the round led by 360 Capital.
Eu-startups · +6 outlets
Meta acquires Swedish startup Stilla.ai to bolster its business AI agent
The deal is part of Meta's push into AI-driven transactions across WhatsApp and Instagram enterprise products.
ababnews.com · +13 outlets
Clay boosts valuation to $7.1B in $115M funding round
The sales automation startup counts Google, Stripe, and Workday among its customers.
SiliconANGLE · +2 outlets
Uber invests $10M in Indian fleet operator Carrum Mobility at $168M valuation
The Series B round comes as Carrum's fleet crosses 5,000 vehicles and 18,000 drivers, nearly doubling the business since January.
TechCrunch · +7 outlets
UniPat raises $300M backed by Alibaba at $2.5B valuation for AI testing and benchmarking
Alibaba's reported lead of the round underscores Chinese tech giants' push into AI evaluation infrastructure.
TradingView · +1 outlets
European founders and VCs urge lawmakers not to water down the EU Inc statute
An open letter signed by unicorn founders and investors warns the proposed EU-wide corporate status must not be diluted in negotiations.
TechCrunch · +2 outlets
Socure raises $156M at $5.2B valuation and acquires AI startup Fravity
The identity verification company is expanding its fraud prevention capabilities through the acquisition.
beinsure.com
Proxima Fusion plans €140M factory for fusion-grade superconducting tape
The startup is betting on a critical component currently dominated by Asian suppliers to support its reactor design.
TechCrunch · +1 outlets

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