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.
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Startups & Funding
804 storiesSpotDraft 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.
Synthesia raises $200M at $4B valuation
Synthesia raised $200 million at a nearly $4 billion valuation, reaching $100 million in ARR while launching a structured employee secondary sale program.
Harvey acquires Hexus to boost legal AI engineering
Legal AI startup Harvey has acquired Hexus, a startup specializing in product demos and guides, to accelerate its engineering capabilities for in-house legal departments.
TikTok establishes US joint venture to comply with executive order
TikTok has established a U.S. joint venture to comply with executive orders, with ByteDance retaining less than 20% ownership and Oracle serving as the security partner.
Ex-Sequoia partner launches Blockit, an AI scheduling startup
Kais Khimji, a former Sequoia Capital partner, launched Blockit, whose AI agents negotiate meeting times directly with other calendars, in a $5 million seed round led by Sequoia.
Capital One to acquire Brex for $5.15 billion
Capital One will acquire fintech startup Brex for $5.15 billion in cash and stock, a significant discount from the company's previous $12.3 billion private-market valuation.
LiveKit hits $1 billion valuation with $100 million funding
LiveKit, which powers ChatGPT’s voice mode, has raised $100 million at a $1 billion valuation to scale its real-time voice and video infrastructure.
vLLM creators launch Inferact with $150 million seed round
Inferact, the startup commercializing the open-source vLLM project, has raised $150 million in seed funding at an $800 million valuation to accelerate AI inference.
Crush It Ventures launches $5 million fund for wellness startups
Former Dogpound CEO Jenny Liu has launched Crush It Ventures, a $5 million early-stage fund aiming to back wellness startups and bridge funding gaps for underrepresented founders.
Google hires Hume AI team to boost Gemini voice capabilities
Google DeepMind is hiring the CEO and engineers from Hume AI via a licensing deal, marking the latest talent acquisition in the competitive voice AI market.
Quadric raises $30M to scale on-device AI chip IP
Quadric raised a $30 million Series C round to scale its on-device AI chip-IP business, targeting up to $35 million in revenue this year.
RadixArk raises funding at $400M valuation for AI inference tools
RadixArk, the commercial entity behind the SGLang inference tool, has secured funding at a valuation of about $400 million as the market for AI infrastructure accelerates.
Zipline secures $600M funding for U.S. expansion
Zipline raised $600 million at a $7.6 billion valuation to expand its autonomous drone delivery operations to at least four U.S. states in 2026.
Medical AI platform OpenEvidence doubles valuation to $12 billion
OpenEvidence raised $250 million at a $12 billion valuation, doubling its previous valuation while scaling its AI-powered medical information platform to 18 million clinical consultations in December.
Aliisa Rosenthal joins Acrew Capital as general partner
Aliisa Rosenthal, who previously led the expansion of OpenAI’s enterprise sales team, is joining Acrew Capital as a general partner to focus on early-stage artificial intelligence applications.