Factorial raises $150M at a $2.5bn valuation, with General Catalyst betting twice

Apoha emerges from stealth with $36M to teach machines how matter behaves

Applied Aerospace & Defense raises $650M in an IPO the market wanted ten times over

DeepSeek lines up its first outside money: a $7bn round at up to $59bn

Flok Health raises $12.5M to scale an AI physiotherapist the NHS lets work unsupervised

Megaport raises A$827M to build a distributed AI cloud and chase the inference market

Gigaton raises $26M to rip out the control software running heavy industry

Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts

Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI

The space stock rally is cracking as investors prepare to swap proxies for SpaceX itself

Anthropic’s IPO filing means Salesforce’s early AI bet is about to become its most profitable investment

Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation

AI is crushing startup valuations for companies that raised before ChatGPT existed

Anthropic named eight firms selling its shares illegally. After the backlash, it quietly removed four.

Ex-DeepMind researchers raised $50M to build AI that figures out which scientific questions are worth asking

Nvidia paid Groq $20 billion and took its top engineers. Now Groq is raising $650 million for what’s left.

Parloa turns its $350 million war chest into a partnership web spanning SAP, Microsoft, and OpenAI

Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago.

Picogrid raises $45M to become the neutral integration layer for modern defence

Fonoa raises $110M and buys PwC’s tax software to build a real-time compliance platform

France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure

Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI

Capchase raises $200 million to replace the banks slowing down enterprise tech deals

Airis Labs comes out of stealth with $60M and a video-intelligence pitch to defence agencies

Female-founded climate-tech Mykor lands €4.6M to scale mycelium insulation panels

Airbnb leads a $58M Series C in WeRoad and hires its CEO to run hotels

Stord raises $250 million to give independent brands the shipping speed they need to compete with Amazon