Browsing: Startups

Upwind, a San Francisco startup that uses AI to secure cloud infrastructure, has raised a $400 million Series C round at a $3.8 billion valuation led by Bessemer Ventures, with participation from existing backers including Greylock Partners and Craft Ventures.

Many investors stand to win big when Anthropic goes public. Stakes held by firms including Menlo Ventures, Sequoia, Sound Ventures, and Spark Capital are expected to return billions.

Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion

The Dallas-based investment firm Disruptive, whose past bets include Palantir, Airbnb, and Spotify, announced a $10 billion fund to back at least 10 late-stage companies, with checks of up to $1 billion, it said Tuesday.

After eight years developing AI for Meta, Rohit Patel is departing the company, TechCrunch has exclusively learned. The former director at Meta Superintelligence Labs has launched Ndoc, a startup he’s pitching as an AI-native replacement for Microsoft Office suite or Google Workspace.

Palmer Luckey has been a California billionaire since he was 21 years old, when he sold his first company, virtual reality headset maker Oculus VR, to Facebook for $2 billion in 2014. His current company, defense tech firm Anduril, is headquartered in in Costa Mesa, California, not far from Long Beach, where Luckey grew up.…

As the AI boom strains computing capacity, Nvidia has backed Indian startup Simplismart in a $14 million funding round, betting on software that helps companies run AI models more efficiently and, in some cases, with fewer GPUs.

Startups have never been under more pressure to grow quickly. To do that, many of them must land large enterprises, the deep-pockets of the IT world, as customers. But as any company that sells to enterprises will tell you, it’s not easy to win such contracts.

The U.S. government has long had an on-again, off-again relationship with the fusion power sector. As of last week, it’s definitely back on.

Bedrock Robotics has raised $600 million in a funding round that values the autonomous vehicle technology startup at $4.1 billion, marking a speedy ascent for the two-year-old company.