Fundraising Archives - Page 5 of 65

Mira Murati’s Thinking Machines Lab closes on $2B at $10B valuation

Thinking Machines Lab, the secretive AI startup founded by OpenAI’s former chief technology officer Mira Murati, has closed a $2 billion seed round, according to The Financial Times. The deal values the six-month-old startup at $10 billion. The company’s work remains unclear. The startup has leveraged Murati’s reputation and other high-profile AI researchers who have […]

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Nvidia wants in on the nuclear renaissance, invests in Bill Gates-backed TerraPower

Fundraising / Sasandara Dilmina

TerraPower, the nuclear startup founded and backed by Bill Gates, announced a new $650 million funding round this week. The investment will help the company build its first commercial power plant. Like other nuclear startups, TerraPower has been riding a wave of interest from hyperscalers, data center developers, and, now, chip designers. Nvidia’s venture arm,

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3 more days to save up to $210 on your TC All Stage pass

Fundraising / Sasandara Dilmina

The countdown is on — you have just 3 days left to save on your pass to TechCrunch All Stage, happening July 15 in Boston’s SoWa Power Station. After Sunday, June 22 at 11:59 p.m. PT, prices go up, and this opportunity to lock in savings disappears. If you’re a founder looking to scale, a

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Cathy Gao’s bringing the real playbook to TC All Stage

Fundraising / Sasandara Dilmina

Growth-stage fundraising is picking up speed again, but it’s not the same game it used to be. At TechCrunch All Stage 2025 on July 15 in Boston, we’re bringing in someone who knows how the rules have changed and how to win in today’s market: Cathy Gao, partner at Sapphire Ventures. Gao has backed breakout

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Nvidia’s AI empire: A look at its top startup investments

Fundraising / Sasandara Dilmina

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker

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5 days left to save up to $210 on your TC All Stage pass

Fundraising / Sasandara Dilmina

5 days until prices rise! Are you ready to scale or stall? Time’s ticking. Ticket prices for TechCrunch All Stage go up after June 22 at 11:59 p.m. PT. Founders save $210, and investors save $200. Register here to fuel your growth with a discount. Join 1,000 founders and investors on July 15 at Boston’s

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Applied Intuition raises $600 million as it pushes further into defense

Fundraising / Sasandara Dilmina

Buzzy autonomous vehicle software company Applied Intuition has closed a $600 million Series F funding round, pushing its valuation up to $15 billion. The round was co-led by BlackRock-managed funds and Kleiner Perkins, and included new investments from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and more. Existing investors General Catalyst, Lux, Elad

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Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

Fundraising / Sasandara Dilmina

Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI. The company appears to be raising money

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Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028

Fundraising / Sasandara Dilmina

Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told

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Aspora gets $50M from Sequioa to build remittance and banking solutions for Indian diaspora

Fundraising / Sasandara Dilmina

India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an

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