True Anomaly raised $1 billion to build weapons for a programme the Pentagon has not committed to building
True Anomaly raised $1 billion to build weapons for a programme the Pentagon has not committed to building

True Anomaly, the Colorado-based startup that builds autonomous spacecraft for orbital combat, has raised $650 million in Series D funding at a $2.2 billion valuation, bringing total capital raised to $1 billion since its founding in August 2022. The r…

Venture capital is moving beyond code because the next tech boom will be built, not programmed
Venture capital is moving beyond code because the next tech boom will be built, not programmed

For more than two decades, software has defined the trajectory of venture capital. It was efficient, scalable, and, for a long time, unmatched in its ability to generate outsized returns. Investors poured capital into SaaS platforms, marketplaces, and …

Marloo raises $10M led by Blackbird Ventures to replace the AI notetaker with an AI operating system for financial advisers
Marloo raises $10M led by Blackbird Ventures to replace the AI notetaker with an AI operating system for financial advisers

Blackbird is doubling down: it led both the pre-seed and now the seed, and now holds 34% of the company. Icehouse Ventures also participated. The founders -Hardy Michel, Shakeel Lala, and Ben Robertson, retain ~27% each. US expansion is next. Marloo, t…

The world’s largest EV battery maker is raising $5 billion in Hong Kong
The world’s largest EV battery maker is raising $5 billion in Hong Kong

The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced. The deal builds on a week of shareholder activity: a Sinopec unit sold $770M of CATL stock at HK$708 …

Sereact raises $110 million Series B to build robots that simulate the consequences of their actions before they act
Sereact raises $110 million Series B to build robots that simulate the consequences of their actions before they act

The round is led by Headline, with new investors Bullhound Capital, Felix Capital, and Daphni. Valuation is undisclosed. Sereact’s vision language action models already run in BMW, Daimler Truck, and logistics customers. The $110M is more than four tim…

India’s Acko hires Kotak, ICICI Securities, and Morgan Stanley for a $350 million IPO targeting a $2.5 billion valuation
India’s Acko hires Kotak, ICICI Securities, and Morgan Stanley for a $350 million IPO targeting a $2.5 billion valuation

The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $5…

The Stanford professor behind an FDA-cleared cardiac AI wants $1 billion for his next company
The Stanford professor behind an FDA-cleared cardiac AI wants $1 billion for his next company

Summary: Stanford professor James Zou is reportedly raising approximately $100 million at a valuation targeting $1 billion for a startup called Human Intelligence that applies AI to research on the human body, according to Bloomberg. Zou’s research inc…

X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.
X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company fa…

Google is investing up to $40 billion in a company that is beating Gemini. That is the point.
Google is investing up to $40 billion in a company that is beating Gemini. That is the point.

Summary: Google is investing up to $40 billion in Anthropic ($10B cash now at $350B valuation, $30B conditional on performance targets) plus five gigawatts of compute over five years, bringing its total commitment to ~$43B. The deal arrives as Anthropi…

Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia
Verda raises $117 million to expand its GPU cloud platform from the Nordics into the US, UK, and Asia

The Helsinki-based company, formerly DataCrunch, is backed by Lifeline Ventures, byFounders, Tesi, Varma, and a group of Nordic lenders. It is already cash-flow positive, holds Nvidia Preferred Partner status, and plans to hire more than 100 people thi…