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35 stories

Stories

  • Chemical sourcing startup Scimplify closes $25M investment

    Scimplify, a startup that helps companies source the chemicals they use to make their products, has raised $25 million in funding. TechCrunch reported today that the Series C round was led by Hitachi Ventures.

    SiliconANGLE3 min read
  • AI cloud startup Modal raises $750M at $15.75B valuation

    Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in late-stage funding. Accel led the Series D round. It was joined by Kleiner Perkins and a half-dozen existing Modal investors.

    SiliconANGLE3 min read
  • Pluto Security nabs $42M to help enterprises secure their AI agents

    Pluto Security Inc., a provider of artificial intelligence security software, today announced that it has raised $42 million in funding. The company raised about a fifth of the sum through a seed round led by TLV Partners. The rest arrived in the form of a Series A investment led by Jump Capital.

    SiliconANGLE3 min read
  • Warehouse robot maker Ultra Robotics bags $62M

    Ultra Robotics Corp. today announced that it has raised $62 million in funding over two rounds. Fortune reported that the company received the bulk of the capital, $50 million, through a Series A investment led by Framework Ventures.

    SiliconANGLE3 min read
  • Jev creator TypeSafe closes $870M round at $7.5B valuation

    TypeSafe Inc., the creator of the Jev artificial intelligence model, today announced that it has raised $870 million in funding at a $7.5 billion valuation. Andreessen Horowitz led the round with contributions from Sequoia Capital, DCVC and unnamed angel investors.

    SiliconANGLE3 min read
  • Gallatin AI raises $50M in funding for its military logistics platform

    Gallatin AI Inc., a developer of military logistics software, today announced that it has raised $50 million in funding. The Series A round included contributions from 8VC, Silent Ventures and several others. It follows a $15 million seed raise in 2024.

    SiliconANGLE3 min read
  • Nvidia, Samsung back $90M round for AI agent startup Nous Research

    Nous Research Inc., the developer of the popular Hermes artificial intelligence agent, today announced that it has raised $90 million in funding. Early-stage startup fund Robot Ventures led the Series B round. It was joined by Nvidia Corp., Samsung Electronics Co., Y Combinator and several others.

    SiliconANGLE3 min read
  • Saudi’s economic transformation collides with war and falling FDI

    Foreign direct investment into Saudi Arabia fell 18% in the second quarter to SAR 22.3 billion ($5.95 billion), compared with the first quarter, highlighting the growing impact of the U.S.-Iran war on international investor appetite.

    Fortune AI10 min read
  • Vinci reels in $250M for its engineering simulation platform

    Vinci4D Inc. today announced that it has closed a $250 million funding round at a $1.5 billion valuation. Advent, Temasek and Xora jointly led the Series B deal. They were joined by several startup funds including AMD Ventures.

    SiliconANGLE3 min read
  • Robotics startup RobCo valued at $1B+ in $40M funding round

    Industrial automation startup RobCo Inc. today announced that it has closed a $40 million funding round. Most of the shares that changed hands were sold by current and former employees. The investor consortium that bought the equity included Sequoia, Lightspeed and several other startup funds.

    SiliconANGLE3 min read
  • Germany’s RobCo Tops $1B Valuation, CEO Moves to US

    Insider Brief RobCo has reached unicorn status with new investment into the German industrial robotics startup allowing some long-standing employees to sell part of their holdings.

    The AI Insider4 min read

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