Upwind Security raises $250M at $1.5B valuation
Upwind Security raised $250 million at a $1.5 billion valuation, aiming to expand its inside-out runtime cloud security platform following 900% year-over-year revenue growth.
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Startups & Funding
670 storiesTesla pushes forward with $2 billion xAI investment
Tesla has invested $2 billion in Elon Musk’s xAI, a move expected to close in the first quarter despite previous shareholder opposition to the deal.
Outtake raises $40M to automate digital identity security
Outtake raised a $40 million Series B round to scale its agentic cybersecurity platform, which automates the detection and removal of digital identity fraud and impersonation.
Luminar’s lidar business sold to MicroVision after bankruptcy auction
A bankruptcy judge approved MicroVision’s $33 million acquisition of Luminar’s lidar business, rejecting a higher but legally flawed mystery bid.
Handshake acquires data-auditing startup Cleanlab
Handshake has acquired data-auditing startup Cleanlab in an acqui-hire, bringing nine employees aboard to bolster its AI data-labeling research capabilities.
Modelence raises $3M to simplify AI app infrastructure
California-based Modelence raised a $3 million seed round led by Y Combinator to build an all-in-one infrastructure framework for AI-generated applications.
Standard Nuclear raises $140 million for nuclear fuel production
Standard Nuclear raised $140 million to supply nuclear fuel, though the company could face challenges if the broader small modular reactor market fails to scale.
Redwood Materials raises $425M to scale energy storage
Redwood Materials raised $425 million in a late-stage funding round, pushing its valuation north of $6 billion as it scales energy storage for AI data centers.
Waabi raises $1 billion to expand into robotaxis with Uber
Waabi has raised $1 billion and partnered with Uber to deploy 25,000 or more robotaxis, marking the startup's first expansion beyond autonomous trucking.
Anthropic doubles funding target to $20 billion
Anthropic is reportedly doubling its venture capital funding target to $20 billion, aiming for a $350 billion valuation ahead of a potential initial public offering this year.
Risotto raises $10 million to automate help desk ticketing
Risotto raised a $10 million seed round to automate help desk ticketing, aiming to disrupt incumbents by shifting workflows toward AI-first interfaces.
Phia raises $35M to build AI-powered shopping agent
Phia, a 10-month-old startup, raised $35 million to scale its AI-powered shopping agent, which aims to personalize consumer commerce and provide outfit recommendations.
MicroVision bids $33M for Luminar’s lidar business
MicroVision has submitted a $33 million bid for Luminar’s lidar assets, which could conclude the company’s bankruptcy case as the court-run auction wraps up.
Flora raises $42 million to scale its node-based design platform
Flora raised $42 million in Series A funding led by Redpoint Ventures, with plans to scale its enterprise sales and expand its generative design product features.
Northwood Space raises $100M and wins $50M Space Force contract
Northwood Space secured a $100 million Series B and a $49.8 million US Space Force contract to modernize ground-based satellite communications infrastructure.
SpotDraft raises $8M from Qualcomm to scale on-device contract AI
SpotDraft raised $8 million from Qualcomm Ventures at an around $380 million valuation to scale its on-device contract review technology for privacy-critical enterprise workflows.
Rad Power Bikes sold to Life Electric Vehicles for $13.2M
Rad Power Bikes has agreed to sell itself to Life Electric Vehicles Holdings for around $13.2 million, following a bankruptcy process that wiped out its previous $1.65 billion valuation.
CVector raises $5 million to build industrial AI nervous system
CVector, an industrial AI startup, has raised $5 million in seed funding to scale its software platform, which helps manufacturers translate operational actions into economic savings.
Obvious Ventures raises $360M for fifth fund
Obvious Ventures has raised a fifth fund of $360,360,360, solidifying its position as an established firm in a market where few VCs successfully raise beyond three funds.
VC firm 2150 closes €210M fund to target urban climate challenges
European venture capital firm 2150 has raised a €210 million second fund to invest in technologies addressing climate and resource challenges in cities.