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.
Monday, August 3, 2026
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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 has agreed to acquire AI-native startup Deductive AI for up to $85 million to integrate agentic technology into its observability platform.
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 unveiled its Spring 2026 cohort, where valuations surpassed expectations, with at least two startups fetching valuations of $175 million or more.
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, 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 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 raised $22 million to develop modular turbines, aiming to address a looming shortage of equipment for geothermal power plants.
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 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 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 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 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.
Malaysia-based messaging platform Respond.io raised $62.5 million in Series B funding to fuel expansion and acquisitions in North America and Europe.
Salesforce announced it will acquire AI customer service platform Fin for $3.6 billion, a deal expected to close in the final quarter of its 2027 fiscal year.
Sarvam has raised $234 million at a $1.5 billion valuation, positioning the Indian startup to advance sovereign AI capabilities.
Fox is acquiring streaming platform Roku in a stock and cash deal valued at around $22 billion, with the transaction expected to close in the first half of 2027.
NewCore emerged from stealth with $66 million to provide identity and governance for AI agents, which the company believes could soon outnumber human employees.
Orbio raised $21 million in Series A funding to deploy AI agents that automate hiring and management processes for frontline workers in industries like retail and healthcare.
Meta has begun dismantling its $2 billion acquisition of Manus, complying with a divestiture order issued by Beijing on national security grounds roughly two months ago.