Menlo Ventures raises $3 billion fund after Anthropic success
Menlo Ventures raised $3 billion, its largest fund to date, fueled by a massive, successful early bet on AI model maker Anthropic.
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Startups & Funding
801 storiesHaloBraid raises $7M to automate hair braiding
HaloBraid raised $7 million in seed funding to develop a robotics device aimed at reducing the time-intensive process of professional hair braiding.
Fika Jobs raises $4M to automate hiring with AI video agents
Stockholm-based Fika Jobs raised $4 million in early-stage funding to scale its video interview platform, which uses AI agents to evaluate job candidates.
Groq raises $650 million to pivot toward neocloud model
Groq raised $650 million to pivot toward a neocloud business model following a licensing deal with Nvidia that saw the departure of its founder and key executives.
Seedcamp raises $320 million to expand US footprint
Seedcamp raised $320 million for its latest fund, splitting the capital between early-stage investments and a new growth-stage vehicle while expanding its presence in the United States.
Kyber raises $5 million to build infrastructure for physical AI
Paris-based Kyber raised $5 million led by Lightspeed to build an infrastructure layer for real-time remote device control, targeting the growing physical AI and robotics market.
Commonwealth Fusion Systems leads the over $100M fusion startup cohort
Fusion power is transitioning to a tangible technology, with startups like Commonwealth Fusion Systems raising near $3 billion to reach commercially relevant energy production.
Elastic to acquire Deductive AI for up to $85 million
Elastic has agreed to acquire AI-native startup Deductive AI for up to $85 million to integrate agentic technology into its observability platform.
Baseten reportedly nears $1.5B funding at $13B valuation
Baseten is reportedly close to finalizing a $1.5 billion funding round at a $13 billion valuation, marking a rapid increase in the AI inference startup's worth.
Y Combinator unveils Spring 2026 cohort with record valuations
Y Combinator unveiled its Spring 2026 cohort, where valuations surpassed expectations, with at least two startups fetching valuations of $175 million or more.
General Intuition in talks to raise $300M at $2B valuation
General Intuition is reportedly in talks to raise around $300 million at a valuation of just over $2 billion to scale its AI agent training platform.
Odyssey raises $310M to build world model AI
Odyssey, a U.K.-based world model AI startup, raised $310 million at a $1.45 billion valuation, and will optimize its models for AWS Trainium chips.
Pramaana Labs raises $27M to bring formal verification to AI
Pramaana Labs raised $27 million in seed funding to combine LLMs with formal verification tools, aiming to improve reliability in sensitive sectors like law and tax.
Critical Energy raises $22M to build modular geothermal turbines
Critical Energy raised $22 million to develop modular turbines, aiming to address a looming shortage of equipment for geothermal power plants.
DeepL acquires Mixhalo to expand into live event translation
DeepL is acquiring real-time audio startup Mixhalo to integrate its technology into the German company’s translation suite and establish a new U.S. office in the Bay Area.
Flutterwave hits $3.2B valuation in Series E round
Flutterwave has raised a Series E round at a $3.2B valuation, with Ripple joining as an investor to help expand financial services across Africa.
Probably secures $9M seed to build deterministic AI validator
Probably raised $9 million in seed funding from Andreessen Horowitz to develop a deterministic validator system designed to eliminate AI hallucinations and enable smaller, local models.
Foundation Alloy raises $22M to scale solid-state metal production
Foundation Alloy raised $22 million in Series A funding to scale its solid-state metal production process, which aims to reduce energy usage and create new material properties.
SpaceX to acquire AI coding startup Cursor for $60 billion
SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion stock deal, a move likely to close in the third quarter of this year.
Respond.io raises $62.5M to expand messaging platform
Malaysia-based messaging platform Respond.io raised $62.5 million in Series B funding to fuel expansion and acquisitions in North America and Europe.