Fundraising

Indian grocery startup Citymall raises $47M to challenge ultra-fast delivery giants

Fundraising /

Indian e-commerce startup Citymall, which focuses on budget-focused grocery delivery for tier 2 and tier 3 towns, said today that it has raised $47 million in Series D funding led by Accel, with participation from existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures. The Series D round […]

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Trillion with a ‘T’? That’s a lot of dollars, Nvidia.

Fundraising /

Nvidia reported another massive quarter this week with $46.7 billion in revenue, a 56% year-over-year increase driven almost entirely by AI demand. But despite CEO Jensen Huang’s bold prediction of $3 to 4 trillion in global AI infrastructure spending in the next five years, the stock slid as investors questioned how long this kind of

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Vocal Image is using AI to help people communicate better

Fundraising /

With 4 million app downloads, Estonia-based startup Vocal Image aims to help people improve their voice and communication skills with AI-powered coaching. But out of its 160,000 active users, it may be its CEO, Nick Lakhoika, who best embodies its mission.  Lakhoika was born in Belarus, didn’t speak English until his relocation to Estonia, and

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Nvidia, Google, and Bill Gates help Commonwealth Fusion Systems raise $863M

Fundraising /

Fusion power startup Commonwealth Fusion Systems has raised $863 million from a long list of investors that includes Nvidia, Google, Breakthrough Energy Ventures, and more.  “We’re continuing our trend here of looking into the world and saying, ‘How do we advance fusion as fast as possible?’” co-founder and CEO Bob Mumgaard told reporters in a

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No-code website builder Framer reaches $2B valuation

Fundraising /

Framer, a no-code website builder that claims over half a million monthly active users, has reached a $2 billion valuation after raising a $100 million Series D funding round led by existing investors Meritech and Atomico. This double-unicorn milestone comes at a time of hype for website builders  — including direct competitors like Figma, Squarespace

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Maisa AI gets $25M to fix enterprise AI’s 95% failure rate

Fundraising /

A staggering 95% of generative AI pilots at companies are failing, according to a recent report published by MIT’s NANDA initiative. But rather than giving up on the technology altogether, the most advanced organizations are experimenting with agentic AI systems that can learn and be supervised. That’s where Maisa AI comes in. The year-old startup

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