Fast Metals raised a $4.3 million pre-seed round to extract critical minerals like titanium and rare-earth elements from red mud, the caustic waste product of aluminum refining that has piled up in ponds and mounds worldwide.
New York-based AI detection startup Pangram raised $9 million and launched Pangram 4, a next-generation AI text detector it says is over 99% accurate, alongside a research-preview AI image detector.
Data security company Cyera signed a letter of intent to acquire Oasis Security, which secures AI agents' identities, for approximately $1 billion, expected to be paid mostly in cash.
Thea Energy has received a $20 million ARPA-E grant to help manufacture its modular high-temperature superconducting magnets for stellarator fusion reactors.
Antares Nuclear raised $470 million in a Series C round to build small modular reactors for U.S. military bases, as investor interest in advanced nuclear surges.
European Technology Network, the London tech livestream launched by Luke Knight and Ronan Chambers last October, has raised a $1.6 million seed round and is expanding its show from two live days a week to five.
Elon Musk's The Boring Company is reportedly in talks to raise $4 billion at a $20 billion valuation, up from $5.7 billion in 2022, according to the Wall Street Journal.
Anduril is reportedly in talks to raise funding that could push its valuation to about $100 billion — more than triple last year's mark, Reuters reported.
Founders in their teens and 20s are raising more capital than ever, working under constant public scrutiny that investors say leaves little room to learn slowly.
World, the biometric verification startup co-founded by OpenAI's Sam Altman, raised $52.5 million from strategic investors in a 12-month-lockup sale of its WLD token.
Midjourney, the AI image and video generator, has acquired social astrology app Co-Star, which reportedly has about 4.3 million monthly active users, according to Bloomberg.
TechCrunch and Stripe named the three judges — from Stripe, Ten13, and Hapana — who will pick Australia's top early-stage startups at Startup Battlefield Sydney on August 19.
Insurance startup Corgi has reportedly raised another round at a $4 billion valuation — its third round in eight weeks and roughly double its prior mark — according to sources who spoke to Forbes.
AegisAI, founded by former Google security executives, raised a $36 million Series A led by Battery Ventures to combat AI-driven spear-phishing attacks.
Imagi, the K-12 coding and AI-literacy platform co-founded by Dora Palfi, raised a $4.5 million seed round from investors including Brighteye Ventures, Day One Capital, and artist Will.i.am.
ServiceNow has invested $40 million in India's BusinessNext, valuing the banking-software specialist at $700 million and taking a roughly 5% stake as the two companies expand their partnership in AI for financial services.
Cascade, a startup helping construction firms find and win projects, raised a $3.5 million seed round from Andreessen Horowitz Speedrun, Ada Ventures, and Snowball VC.