Archive snapshot · Startups
Wed, Oct 28, 4:03 AM ET
Physical Intelligence in talks to raise $1B at about $20B valuation, doubling its prior mark
Physical Intelligence's reported round reflects surging investor appetite for robotics and physical AI, a sector Crunchbase says drew $9.9B globally in Q3.
Yahoo Finance · +6 outlets
Anthropic files public S-1 for IPO, revealing financials, governance and key backers
Anthropic's S-1 filing, ahead of what could be the largest IPO ever, disclosed earnings, governance and investor ownership details.
Crunchbase · +13 outlets
Intel to acquire Israeli quantum software startup Classiq for about $2.3B
The deal would be one of the largest acquisitions of a quantum software startup and deepens Intel's push into quantum computing under CEO Lip-Bu Tan.
CTech · +14 outlets
Nvidia-backed Indian AI inference startup Simplismart raises $14M Series B
The round highlights Nvidia's backing of Indian AI infrastructure startups focused on cheaper, more efficient model inference.
AI Insider · +15 outlets
Jio shares surge 21% in market debut, becoming India's second-most valuable listed firm
Jio's listing makes it India's second-most valuable listed company behind parent Reliance Industries.
TechCrunch · +14 outlets
Bedrock Robotics raises $600M at $4.1B valuation for autonomous heavy equipment
Bedrock Robotics builds autonomous heavy equipment, a category attracting large checks as demand for construction automation grows.
Tech in Asia · +11 outlets
Hyphenate raises $45M Series A for AI agents that automate corporate finance
Hyphenate, founded by Microsoft alumni, is among a wave of startups building AI agents to automate corporate finance workflows.
n24.com.tr · +12 outlets
General Compute raises $100M Series A at $800M valuation for GPU cloud
General Compute's raise counters a difficult stretch for GPU cloud providers, with Intel CEO Lip-Bu Tan leading the round.
KuCoin · +9 outlets
Cognizant in talks to invest in Sarvam AI at $3.5B to $4B valuation
Sarvam AI positions itself as a sovereign AI champion in India, a segment drawing growing corporate and government interest.
ET Enterprise AI · +2 outlets
Revolut alumni's wealthtech Nevis raises about $70M to automate financial advisory
Nevis, founded by Revolut alumni, is betting that AI can automate financial advisory workflows for wealth managers.
Sifted · +4 outlets
Disruptive raises $10B fund to make big bets on at least 10 companies
Disruptive has backed companies including chip startup Groq and AI voice firm ElevenLabs, and plans large concentrated bets.
TechCrunch · +2 outlets
London robotics startup Machenta raises $40M seed to train robots without real-world data
Machenta claims its AI model can teach robots physical tasks from a single demonstration, without real-world training data.
Tech.eu · +9 outlets
Revolut faces Bank of England scrutiny over product approval process, reports say
The scrutiny adds to regulatory pressure on Revolut as it expands its UK lending business.
Sifted · +10 outlets
US government says hackers are exploiting critical PHP web bugs
PHP underpins a large share of the web, making the exploited bugs a broad security concern.
TechCrunch · +4 outlets
Personal AI startup Instinct quadruples valuation to $10B in new funding round
Instinct is one of several personal AI startups whose valuations have climbed sharply in a hot funding market.
theaisoftwarereport.com · +7 outlets
Q3 robotics startup funding jumps 185% as US and China lead physical AI push
Crunchbase data shows global robotics venture funding hit $9.9B in Q3, with most going to US and Chinese companies.
Crunchbase · +2 outlets
Guidewire to buy Hyperexponential for $1.7B in cash
Guidewire will use Hyperexponential's technology to bring AI agents into insurance underwriting workflows.
TechCrunch · +1 outlets
Danish biotech Samplix secures EUR 25M first close for antibody discovery
Samplix's droplet microfluidics technology is aimed at speeding antibody discovery for drug developers.
Eu-startups

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