Startups

Etched raises $700 million at $21 billion valuation for AI inference chips
AI hardware startup Etched secures $700 million in fresh funding, doubling its valuation to $21 billion as it scales production of specialized inference clusters. Lead investor Jane Street among backers including Sequoia and Blackstone.

Anthropic seeks $10B+ credit line ahead of potential IPO
AI startup targets revolving credit facility to fund expansion and data-center projects ahead of a planned Wall Street debut. Lead banks asked to commit $1.25B each.

Desert Control narrows 2026 revenue target, extends cash runway to Q3 2027
Norwegian agtech firm Desert Control maintained its NOK 2 million full-year 2026 revenue guidance while extending its financial runway to Q3 2027 after a rights issue. Trials across golf courses and crops show water-use efficiency gains.

Sequoia, Khosla and Y Combinator lead 2026 unicorn investor rankings
Crunchbase data shows 250 new unicorns in 2026, with Sequoia Capital, Khosla Ventures and Y Combinator among the top 10 most active investors. AI, robotics and healthcare sectors dominate funding.

AI startups face differing litigation risks ahead of potential IPOs
OpenAI confronts multiple lawsuits while Anthropic shows no active legal claims in financial news coverage, raising questions for investors evaluating IPO prospects.

Velaura AI reaches $1 bln valuation after $110 mln funding round
Chip designer secures Series A funding led by Seligman Ventures and Capricorn Investment Group, with existing backers including Samsung Catalyst Fund. Proceeds to support AI chip development and talent expansion.

ShengShu Technology weighs Hong Kong IPO of over $500 million
Chinese AI video platform ShengShu Technology is exploring a Hong Kong listing next year, potentially raising more than $500 million. Citic Securities and CICC are advising on the deal.

Physical AI startups raise $47.4bn in H1 2026, outpacing all prior periods
Venture funding in robotics, autonomous systems and aerospace surged to a record $47.4 billion across 521 deals in the first half of 2026, nearly quadrupling H2 2025 totals. Major rounds for Waymo, Anduril and Shield AI underscore the sector's rapid expansion.

Anthropic’s $10B+ credit facility underscores AI funding surge
AI startup Anthropic secures pre-IPO financing expected to surpass $10 billion, signaling robust investor appetite ahead of a potential record-breaking public listing.

Pony.ai Plans Overseas Robotaxi Deployments Exceeding 4,000 Vehicles
Autonomous driving technology company Pony.ai has announced plans to deploy more than 4,000 robotaxis in overseas markets.

Seraphim Space Invests $30M in Satellite Bluetooth Firm Hubble
Seraphim Space has announced a $30 million investment in satellite Bluetooth technology provider Hubble.

Anthropic Revenue Run Rate Reaches $6.5 Billion in July, Report Says
Artificial intelligence startup Anthropic reportedly achieved an annualized revenue run rate of $6.5 billion as of July.

Pentagon Pressure for Rapid AI Adoption Drives Smack Funding Round
Smack has completed a new funding round driven by pressure from the Pentagon to accelerate artificial intelligence deployment, according to the company's CEO.

Anthropic’s annualized revenue rate exceeds $65 bln: report
AI startup Anthropic’s annualized revenue rate rose to over $65 bln by July, underscoring rapid growth in enterprise demand for generative AI tools.

Klarna’s earnings in focus amid banking expansion and losses
Buy-now-pay-later firm reports quarterly results as investors weigh its push into banking against persistent losses.

German drone firm Helsing targets Japan defense market with Rakuten
Helsing secures Rakuten partnership to supply HX-2 drone systems to Japan's military amid rising regional security concerns.

Anthropic revenue run rate exceeds $65 billion, source says
AI startup Anthropic's annualized revenue surpasses $65 billion as demand for its enterprise-focused models accelerates. Funding and valuation implications under scrutiny.

Serve Robotics, Grubhub launch autonomous food delivery service
Partnership integrates Serve Robotics' robots with Grubhub's platform to expand autonomous delivery in Los Angeles and San Francisco.

Higgsfield raises $400 million at $5.4 billion valuation
Swiss food-tech startup secures fresh capital amid expansion plans, nearly doubling its valuation in under two years.

Nvidia, Intel pour record funds into AI and robotics startups
Semiconductor giants Nvidia and Intel lead record venture investments in AI and robotics startups amid surging AI demand and earnings growth.

Anthropic revenue hits $11.5 bln in quarter amid IPO plans
AI startup Anthropic reports quarterly revenue exceeding $11.5 billion, accelerating IPO preparations as investor demand surges.

Databricks Leads Week's Venture Funding With $5 Billion Round
Databricks secured $5 billion in venture funding, leading a week of major capital raises that included investments in AI infrastructure, defense, and biotech.

bioAffinity Technologies Closes $4 Million Private Placement
bioAffinity Technologies announced the successful completion of a private placement, raising approximately $4 million in funding.

Anthropic IPO Targets Up to $200 Billion Revenue by 2028
Artificial intelligence startup Anthropic is reportedly banking on a projected revenue target of up to $200 billion by 2028 to support its future initial public offering.

