funding

The Rust Foundation opened a donation-backed fund on June 2 to pay maintainers of the compiler, standard library, Cargo, and Clippy, with the first Maintainer in Residence expected in the coming months.

The San Mateo startup, founded in 2024 by ex-DeepMind and Boston Dynamics researchers, has now raised more than half a billion dollars to scale its robot foundation models.

The maker of Devin, an autonomous AI software engineer, closed a Series D round led by Lux Capital, General Catalyst, and 8VC, more than doubling its valuation from $10.2 billion eight months earlier.

Anthropic's Series H puts it within striking distance of a $1 trillion valuation on $47 billion run-rate revenue, with Altimeter, Sequoia, GIC, and two dozen other institutions as backers.

The New York-based AI infrastructure startup grew annualized revenue fivefold to over $300 million in six months, fueled by the surge in AI-assisted coding.

Bengaluru startup Scapia has closed a $63M Series C led by General Catalyst at a post-money valuation exceeding $500 million, more than doubling its $200 million valuation from April 2025.

Dutch quantum chip firm QuantWare closes a record $178M Series B to scale its VIO processor platform and open KiloFab, the world's largest dedicated quantum foundry.

Voice AI infrastructure startup Vapi closes a $50M Series B led by Peak XV at a ~$500M valuation after surpassing 1 billion calls, with Amazon Ring routing 100% of its inbound volume through the platform.

The Florida space-energy startup, founded less than two years ago, will use the oversubscribed round led by B Capital to fly the first-ever space-based optical power-beaming demonstration later this year.

TCV-led round more than doubles Corgi's valuation in four months and funds the AI-native startup insurance carrier's move into trucking, taking total funding past $268 million.

Astranis raised $300M Series E plus $155M Trinity Capital credit facility at a $2.8B valuation, scaling micro-GEO satellite output for U.S. defense Programs of Record and sovereign telecom customers in Taiwan and Oman.

Hyderabad-based Skyroot raised $60 million co-led by GIC and Sherpalo Ventures at a $1.1 billion valuation, with Vikram-1's first orbital flight targeted for June 2026.