Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe
Multiverse raises $70m at a $2.1bn valuation to push its AI-adoption pitch across Europe

The round, led by Schroders Capital, follows January’s acquisition of Berlin-based StackFuel and 50% year-on-year revenue growth. Customers include the AA, Babcock, and Capital. Multiverse, the London-based AI- and tech-upskilling platform founded by E…

STT Global Data Centres lines up a $500m Mumbai listing, in front of a crowded 2026 IPO queue
STT Global Data Centres lines up a $500m Mumbai listing, in front of a crowded 2026 IPO queue

The Singapore-controlled, Tata-minority data-centre operator has invited banks to pitch this month. The listing would slot in ahead of Sify and Yotta in India’s first wave of pure data-centre IPOs. STT Global Data Centres India is preparing an initial …

Iceotope raises $26m as AI rack densities push past what air cooling can do
Iceotope raises $26m as AI rack densities push past what air cooling can do

Barclays Climate Ventures and Two Seas Capital led the British precision-liquid-cooling company’s Series B, with existing backers ABC Impact, Northern Gritstone, Edinv, and British Patient Capital all returning Iceotope, the British precision-liquid-co…

Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock
Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock

Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised …

Graphon AI exits stealth with $8.3M to build the data layer that LLMs are missing
Graphon AI exits stealth with $8.3M to build the data layer that LLMs are missing

The name is the tell. Graphon AI, which emerged from stealth on Wednesday with $8.3 million in seed funding, is named after a mathematical object that most people in AI have never heard of and that its two most prominent advisors helped invent. A graph…

Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake
Cerebras raises $5.55bn in the biggest US tech IPO since Snowflake

Priced at $185, above the marketed range, the wafer-scale chip company opens trading on Thursday at a $56.4bn valuation. The OpenAI deal is what got the book covered. The customer concentration footnote is what the next quarter has to answer. Cerebras …

Anduril raises $5bn at $61bn valuation, doubling in eleven months
Anduril raises $5bn at $61bn valuation, doubling in eleven months

Thrive Capital and Andreessen Horowitz led the round on the back of $2bn+ in 2025 revenue and a $20bn Pentagon enterprise agreement signed in March. Anduril Industries has raised $5 billion in a round led by Thrive Capital and Andreessen Horowitz, doub…

Kevin Hartz’s A* takes a ‘less-is-more’ approach with new $450m fund
Kevin Hartz’s A* takes a ‘less-is-more’ approach with new $450m fund

While AI peers chase billion-dollar megafunds, the Eventbrite founder’s venture firm has gone the other way. Kevin Hartz, the Eventbrite co-founder turned long-time seed investor, has closed a $450m fund at A*, his San Francisco venture firm, according…

Vapi raises $50m Series B led by Peak XV for enterprise voice AI
Vapi raises $50m Series B led by Peak XV for enterprise voice AI

Peak XV leads. M12, Kleiner Perkins, and Bessemer Venture Partners join; earlier investors return. Amazon Ring, Intuit, and New York Life are named enterprise customers; total funding now stands at $72m. Vapi, the San Francisco-based enterprise voice-A…

Duch Ditto raises €7.6M for patient-side AI summaries of medical appointments
Duch Ditto raises €7.6M for patient-side AI summaries of medical appointments

Ditto, an Amsterdam-based health-tech building AI-generated summaries of medical appointments for patients, has raised €7.6m, the company said on Monday. The round is led by Heal Capital with participation from Rubio Impact Ventures. Earlier backer Chr…