DoorDash to acquire Instacart for $17B, combining restaurant and grocery delivery
The deal would merge the two largest US on-demand delivery players, extending DoorDash beyond restaurant takeout into Instacart's grocery stronghold.
TechCrunch · +14 outlets
Canada and Nvidia back Cohere in round valuing AI startup above $20B
The sovereign-backed raise makes Cohere one of the most valuable independent AI model developers outside the US.
The Globe and Mail · +8 outlets
FuriosaAI quadruples valuation to $2.9B in $620M round as it chases Nvidia
The South Korean AI chip startup's jump in valuation reflects investor appetite for Nvidia alternatives in AI accelerators.
Bloomberg.com · +5 outlets
Anthropic S-1 shows $16.3B in first-half revenue ahead of planned IPO
The filing offers a rare look at the frontier lab's finances and its reliance on large cloud and chip partners.
Saastr · +14 outlets
Upwind raises $400M Series C at $3.8B valuation after rejecting Datadog buyout
The cloud security startup chose to raise at the same price Datadog offered to acquire it, betting on continued revenue growth.
TechCrunch · +13 outlets
Cognition weighs new funding at $70B to $80B valuation
The AI coding startup's potential round underscores soaring valuations for companies building developer-facing AI agents.
Business Insider · +4 outlets
Wabi, the AI agent that builds mini apps, raises $55M at $1.25B valuation
The round marks another nine-figure valuation for a consumer-facing AI agent startup this year.
TechCrunch · +7 outlets
Nvidia backs Indian AI startup Simplismart in $14M Series B
The Bengaluru startup helps companies run AI models more efficiently, and its round highlights Nvidia's expanding India footprint.
AI Insider · +13 outlets
Casap raises $56M to help banks stop first-party fraud with AI
The financial AI startup targets customer-driven card fraud, a fast-growing cost for banks.
Ventureburn · +7 outlets
Fractile raises £540M Series C, filings show
The British AI chip startup's filing indicates one of Europe's largest recent deeptech rounds.
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Sarvam AI seeks $300M at $3.5B to $4B valuation as Cognizant eyes stake
The sovereign AI startup's raise would make it one of India's most valuable AI companies.
Business Upturn · +1 outlets
Bluesky blocks links to leaked DHS employee data as government seeks takedowns
The leak exposed personal data on more than 40,000 Homeland Security staffers, including ICE and CBP agents.
TechCrunch · +1 outlets
Nscale seeks $30B IPO as investors push back
The AI data center company's ambitious listing plans test investor appetite for AI infrastructure valuations.
Startup Fortune · +8 outlets
Entourage closes €100M second fund targeting AI, robotics and deeptech
The London-based early-stage firm beat its €75M target in two weeks, a sign of LP appetite for European deeptech.
Tech.eu · +3 outlets
FuriosaAI aside, U.S. seed startups face tougher path to Series A as jumbo rounds skew funding
AI megarounds are masking a shrinking Series A market, leaving seed founders with higher revenue expectations.
Crunchbase · +1 outlets
Deepgram acquires Pipecat-maker Daily to bolster voice AI infrastructure
Deepgram said it will keep the open-source Pipecat voice agent framework open source.
TechCrunch · +1 outlets
BioGeometry raises $100M to scale AI models that design drugs from scratch
The round reflects sustained investor interest in generative AI for drug discovery.
Ventureburn · +1 outlets
UK Budget introduces Founders' Relief and other measures to encourage UK startups
The chancellor's package includes capital gains changes, work visa adjustments, and support for female founders.
Tech.eu · +1 outlets