Funding
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Anthropic Raises $65 Billion Series H at $965 Billion Valuation, Overtaking OpenAI as World's Most Valuable AI Startup
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.
Scapia Raises $63 Million Series C Led by General Catalyst to Scale India's AI-Powered Travel Fintech
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.
Brett Adcock's Hark Raises $700 Million Series A at $6 Billion Valuation to Build Personal AI Hardware
The AI startup founded by Figure AI's CEO closed an oversubscribed round led by Parkway Venture Capital, with Nvidia, AMD, Intel, and Qualcomm among the backers.
Mercury Raises $200 Million Series D at $5.2 Billion Valuation as AI Reshapes Startup Banking
The fintech platform for startups closed a TCV-led Series D valuing it at $5.2 billion, weeks after securing conditional OCC approval to become a national bank.
Vapi Raises $50 Million Series B at $500 Million Valuation as Voice AI Platform Surpasses 1 Billion Calls
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.
VoltaGrid Raises $1 Billion From Blackstone and Halliburton at More Than $10 Billion Valuation, Acquires Propell to Bring AI-Data-Center Power in House
Houston gas-microgrid maker VoltaGrid took $775M in primary and $225M in secondary from Blackstone Tactical Opportunities and Halliburton, and is buying its main supplier Propell to lock in a 7.5 GW order book through 2030.
Algorithmiq Closes 18 Million Euro Round Co-Led by CDP and United Ventures, Moves Global HQ From Helsinki to Milan
Quantum software startup Algorithmiq raised 18 million euros co-led by CDP Venture Capital and United Ventures, relocated its global headquarters to Milan, and pushed total funding to 36 million euros in what investors call Italy's largest quantum VC round.
Corgi Raises $160 Million Series B at $1.3 Billion Valuation Four Months After Series A, Plans Trucking Insurance Expansion
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.
Moonshot AI Closes $2 Billion Round at $20 Billion Valuation, Doubling in Months as Meituan-Led Investors Bet on Open-Weight Kimi
The Beijing lab behind Kimi K2.6 raised $2 billion led by Meituan's Long-Z Investments, lifting its valuation to $20 billion and bringing six-month funding to $3.9 billion as ARR cleared $200 million.
Rogo Closes $160 Million Series D Led by Kleiner Perkins as Wall Street Embraces Agentic AI
The New York AI startup, used by 35,000 finance professionals at firms like Rothschild and Jefferies, brought total funding past $300 million to scale Felix, its autonomous deal-workflow agent.
Former Twitter CEO Parag Agrawal Doubles Parallel's Valuation to $2 Billion in Five Months as Sequoia Bets on Web Infrastructure for AI Agents
Parallel Web Systems closed a $100 million Series B led by Sequoia Capital at a $2 billion valuation, more than doubling the startup's worth since its November Series A and bringing total funding to $230 million.
Cognition Eyes a $25 Billion Valuation, Doubling in Seven Months as the AI Coding Agent Race Reprices
Devin's maker is in talks to raise hundreds of millions at $25 billion just seven months after a $10.2 billion round, putting fresh pressure on a sector already reshaped by the SpaceX-Cursor option and Anthropic-OpenAI competition.