Funding

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.

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.

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.

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.

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.

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.

Anysphere, maker of the Cursor AI coding tool, is negotiating a $2 billion round co-led by Andreessen Horowitz and Thrive Capital with Nvidia participating, nearly doubling its November 2025 valuation.

AI chipmaker Cerebras submitted its S-1 for a CBRS listing on April 17, backed by a $20 billion multi-year OpenAI deal and a swing to profitability, after withdrawing its first IPO attempt over a national security review.

Halter closes a $220 million Series E led by Founders Fund, doubling its valuation to $2 billion as its AI-powered GPS collars for cattle replace physical fencing across three countries.

The Redmond, Washington-based startup closed a $170 million Series A led by Benchmark and EQT Ventures, valuing the company at $1.1 billion as it prepares to launch more powerful orbital compute satellites carrying Nvidia Blackwell chips.

CoreWeave secures a $21 billion expansion of its Meta partnership through 2032, bringing total commitments to $35.2 billion and reducing customer concentration risk ahead of NVIDIA Vera Rubin deployments.

The OpenTelemetry-native observability startup closes a $110M Series B at a $1B valuation, betting that AI agents will replace manual incident response.