Most security teams face the same problem. There are far more flaws than anyone can fix, and no clear way to know which ones matter. Empirical Security wants to predict the answer. The Chicago startup’s Series A was led by Brightmind Partners, chief ex…
The pitch is bold for a seed round. Infinity says it can strip away the one advantage that has kept Nvidia untouchable. It has just raised money to try. The company closed a $15 million seed round at a $100 million valuation on Monday, it announced. Ba…
Somewhere in the past few months, a bond was filed, a plot of land changed hands, and the winner of a nine-figure construction project was quietly settled. No request for proposals had gone out. Most of the firms that might have chased the work did not…
Munich-based space startup deltaVision has raised €10.2 million in its first outside funding round, money earmarked for scaling production of the valves, pumps and pressure regulators that shuttle propellant around spacecraft. The company also wants to…
Ant International, the overseas affiliate of Chinese fintech group Ant Group, has raised about $1.2 billion in a fresh equity round to fund its expansion into markets beyond its home turf. The company confirmed the raise, describing it as capital to sp…
Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The company is unwinding its offshore holding structure, the same prerequis…
Neo emerged from stealth on Monday with $100 million in funding from Andreessen Horowitz and Bessemer Venture Partners, with Craft Ventures and Merlin Ventures also participating. The company, founded by former SentinelOne, Wiz, and Palo Alto Networks …
One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The Shenzhen-listed company wo…
A two-year-old British AI lab wants to build the search engine for materials that do not exist yet. On Monday it gathered an unusual crowd to help. Cambridge-based CuspAI launched the AI Materials Foundry, a coalition of more than 45 companies and rese…
Prysmian has signed a €5.5bn, 10-year agreement with Molex, the Koch Industries-owned connector and cable maker, to supply optical cable for use inside AI data centres. Unusually for a supply deal of this size, Molex is putting €550m on the table upfro…