Cognition Crosses $1 Billion in Annualized Revenue, Delivering on a Target Set at Its May Funding Round
The Devin AI-coding startup hit $1B in annualized revenue run rate, weeks after a $2B Series E valued it at $48B.
4 min read3 sources
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startups
35 articles covering "startups"
HashiCorp Co-Founder Mitchell Hashimoto Launches Superlogical, a Server-Side Terminal Multiplexer Built on Ghostty
Mitchell Hashimoto's new startup Superlogical is building a client-server terminal multiplexer on his Ghostty terminal engine, aiming to fix the latency of tmux, Zellij, and GNU Screen.
5 min read3 sources
AI Code-Testing Startup Blacksmith Raises $45 Million Series B at $550 Million Valuation
Blacksmith's valuation jumped nearly tenfold in under a year as demand for validating AI-generated code accelerates CI workloads.
5 min read2 sources
Travis Kalanick's Atoms Raises $1.7 Billion in Funding Round Led by Andreessen Horowitz, With Uber Investing
Atoms, Travis Kalanick's industrial robotics venture, closed a $1.7 billion round led by a16z, with Uber and Bain Capital among the backers.
3 min read3 sources
Natural Raises $30 Million Series A to Build Payments Infrastructure for AI Agents, Setting Up a Challenge to Stripe
Natural closed a $30 million Series A led by Forerunner to build payment rails built for autonomous AI agents rather than human checkout, positioning itself against Stripe.
4 min read2 sources
PixVerse Closes $439 Million Series C Extension as Valuation Tops $2 Billion With Alibaba Joining
AI video startup PixVerse's Series C extension brings the round to $439 million and pushes its valuation above $2 billion, as it pivots from video clips toward real-time interactive worlds.
5 min read6 sources
Chai Discovery Raises $400 Million Series C at $3.8 Billion Valuation as Pfizer, Lilly and Novartis Deals Pile Up
AI drug-design startup Chai Discovery raised $400 million at a $3.8 billion valuation, nearly tripling its worth in seven months as Pfizer, Eli Lilly and Novartis sign on.
3 min read3 sources
Oratomic Raises $300 Million Series A to Build a Fault-Tolerant Quantum Computer Needing Just 20,000 Qubits
The neutral-atom startup landed a $300 million Series A co-led by ARCH, Spark, and Khosla, months after launching with Caltech research claiming far fewer qubits are needed for useful quantum computing.
4 min read4 sources
Startup Besxar Flies Semiconductor 'Fabships' on Falcon 9 Boosters, Betting the Vacuum of Space Can Make Purer Chip Substrates
Washington startup Besxar is flying microwave-oven-sized 'Fabship' pods on Falcon 9 boosters, the first of 12 SpaceX flights testing whether the vacuum of space can produce purer semiconductor substrates.
4 min read4 sources
Baseten Raises $1.5 Billion at a $13 Billion Valuation as Investors Pile Into the AI Inference Layer
AI inference platform Baseten closed a $1.5 billion Series F at a $13 billion valuation, lifting total funding past $2 billion and underscoring how aggressively venture capital is chasing the infrastructure that serves AI models.
3 min read5 sources
Barcelona's THEKER Raises What It Calls Europe's Largest-Ever Robotics Series A at 85 Million Dollars
THEKER raised $85M (€73M) led by CRV with Samsung and LVMH backing, for AI-native factory robots that reconfigure for different tasks.
4 min read4 sources
Modal Labs Closes $355 Million Series C at $4.65 Billion as Serverless AI Cloud Quadruples Revenue
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.
4 min read5 sources