OpenAI completes acqui-hire of finance startup Hiro
OpenAI has acquired personal finance startup Hiro in an acqui-hire, bringing founder Ethan Bloch and his team on board to bolster its financial capabilities.
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Startups & Funding
804 storiesSlate Auto raises $650M for affordable EV truck production
Slate Auto has raised $650 million in Series C funding to support production of its affordable electric pickup trucks, which are expected to launch by the end of 2026.
Slate Auto appoints new CEO ahead of commercial launch
Slate Auto, the Bezos-backed electric vehicle (EV) startup, has appointed former Amazon executive Peter Faricy as CEO to lead the company toward its upcoming commercial launch.
Nvidia-backed SiFive hits $3.65 billion valuation
SiFive raised $400 million at a $3.65 billion valuation to expand its open-source RISC-V chip designs into the AI data center market with Nvidia’s backing.
Collide Capital raises $95M to back fintech and future-of-work firms
Collide Capital has closed a $95 million second investment fund to invest in early-stage fintech and future-of-work startups, targeting at least 30 new companies over the next 3.5 years.
Portal Space Systems raises $50M for solar thermal propulsion
Portal Space Systems raised $50 million at a $250 million valuation to develop solar thermal propulsion technology for rapid orbital maneuvering.
Canva acquires Simtheory and Ortto to boost AI and marketing tools
Canva has acquired AI platform Simtheory and marketing automation firm Ortto, continuing its push to evolve from a design tool into an end-to-end productivity system.
Avalanche Energy wins $5.2M DARPA contract for radiovoltaics
Avalanche Energy secured a $5.2 million DARPA contract to develop radiovoltaics, which could help capture energy from fusion reactions and improve nuclear battery performance.
Eclipse raises $1.3 billion to back and build physical AI startups
Eclipse has raised $1.3 billion to invest in and incubate "physical AI" startups, aiming to build an ecosystem of companies that scale across sectors.
Family offices are skipping VC middlemen to bet directly on AI
Family offices are increasingly bypassing traditional venture capital to make direct investments in AI startups, driven by a strategic need to secure early exposure to the technology.
Hermeus raises $350M to build unmanned hypersonic aircraft
Hermeus raised $350 million in equity and debt, reaching a $1 billion valuation to scale manufacturing for its unmanned hypersonic aircraft.
OpenAI alumni launch Zero Shot venture fund
Former OpenAI employees have launched Zero Shot, a new venture capital fund that has reached a first close of $20 million toward a potentially $100 million goal.
Spanish startup Xoople secures $130M to map Earth for AI
Spanish startup Xoople raised a $130 million Series B round to develop a satellite constellation designed to provide precise data for deep learning models.
Halter raises $220 million to scale virtual cattle fencing
Halter raised $220 million in Series E funding at a $2 billion valuation to expand its virtual cattle fencing technology.
Delve parts ways with Y Combinator amid controversy
Compliance startup Delve has parted ways with startup accelerator Y Combinator as the company faces allegations of misleading clients and a reported malicious data attack.
Anthropic acquires biotech startup Coefficient Bio for $400 million
Anthropic has acquired stealth biotech startup Coefficient Bio in a reported $400 million stock deal, with the team expected to join its health and life sciences division.
Moonbounce raises $12M to automate AI content moderation
Moonbounce has raised $12 million in funding co-led by Amplify Partners and StepStone Group to provide real-time, policy-as-code safety guardrails for AI applications.
Gateway Capital begins investing from new $25M fund
Milwaukee-based Gateway Capital has reached a first close for its $25 million Fund II, which will focus on backing Midwest-based startups in sectors like manufacturing and logistics.
OpenAI brings TBPN in-house under political strategy team
OpenAI has acquired tech talk show TBPN, which is on track to generate more than $30 million in revenue this year, marking the AI company's first media acquisition.
Leah Solivan on building diverse startup teams from day one
Leah Solivan argues that startups often struggle to implement diversity, suggesting founders must intentionally build diverse teams and networks from their very first hire.