Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on…
A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and…
A South Korean chip designer few outside the industry have heard of just became a $2.2bn company. DeepX has signed the first tranche of a Series D round that values it at roughly four times its previous mark. And it is not finished raising. The first s…
The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachuset…
Most satellite startups are racing to build smaller. K2 Space is going the other way, on purpose. Investors just handed it $500 million to keep going bigger. K2 raised a $500 million Series D at a $6.8 billion valuation, it said on Thursday. Kleiner Pe…
The glamorous part of AI is the models. The expensive, unglamorous part is getting them the right data. A startup just raised $40 million betting that job is the next big enterprise layer. DataBahn, a Texas company founded in 2023, has closed a $40 mil…
The AI boom made GPUs famous. The dull chips that wire thousands of those GPUs together are quietly becoming just as valuable. Xsight Labs, an Israeli chipmaker, has raised more than $300 million at a $2.8 billion valuation, it said on Thursday. Fideli…
Space-Eyes, a Miami geospatial-intelligence company backed by Eric Trump, plans to go public through a $638 million blank-cheque deal, deepening the family’s defence-tech ties. A defence-technology company backed by Eric Trump is preparing to go public…
A London startup building the training grounds for Europe’s autonomous weapons has come out of stealth with $30mn. It is one of the region’s largest defence-tech seed rounds this year. Agon is not building the weapons themselves. It is building the inf…
A startup wants companies to stop asking real people what they think, and ask fake ones instead. Simile has raised $200m at a $2bn valuation to build “agentic twins,” AI stand-ins for real consumers that firms can survey by the million. Greenoaks led t…