Tag: funding round
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AI startup Wonderful’s valuation more than doubles to $5 billion in latest funding round
Sept 2 : Wonderful, an AI operating system provider for enterprise, said on Wednesday its valuation had more than doubled to $5 billion in less than six months as businesses increasingly adopted AI.The company raised $550 million in a funding round led by global software investor Insight Partners, with partic
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Chip designer Velaura AI valued at more than $1 billion in funding round
Aug 18 : Velaura AI on Tuesday said it raised $110 million in a Series A funding round that valued the chip designing startup at more than $1 billion, with investors backing its technology that can lower power consumption and operating costs at AI data centers.The funding round was led by Seligman Ventures, w
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Chip designer Velaura AI valued at more than $1 billion after funding round
Aug 18 : Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round, with investors backing the startup’s chip design technology for lowering power consumption and operating costs at AI data centers.The funding round was led by Seligman Ventures, with parti
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Pentagon pressure to move AI faster drives Smack’s new funding round, CEO says
WASHINGTON, Aug 17 : Smack Technologies, a defense-technology startup building artificial intelligence decision-making tools for the military, is raising funding to speed production of its flagship product and make wearable AI hardware designed for the battlefield.The $61 million Series B funding round comes
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AI code review platform CodeRabbit valued at $1.5 billion in latest funding round
Aug 12 : AI code review startup CodeRabbit said on Wednesday it had raised $143 million in a funding round that valued it at $1.5 billion.The round was co-led by Atomico and Smash Capital, with participation from new investors including BMW I Ventures, Datadog, Hirtle Callaghan, among others.The latest
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DeepSeek resumes funding round seeking nearly $8 billion, Bloomberg News reports
Aug 6 : Chinese AI startup DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to participate, Bloomberg News reported on Thursday, citing people familiar with the matter.DeepSeek is seeking a valuation close to 500 billion yuan ($74.09 billion), the r
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Databricks secures funding round at $188 billion valuation
July 16 : Databricks said on Thursday it has signed a term sheet for a strategic funding round that values the data analytics software firm at $188 billion. Here are a few details:• The round, which Databricks expects to close later this summer, is being led by existing investor Coatue and will inc
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AI lab Odyssey valued at $1.45 billion in latest funding round
June 17 : AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.The Series B round was led by Natural Capital, with participation from Amazon, AMD Ventures, GV, EQT, IQT and others.“The last few years have seen major breakthroughs in scaling,
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AI startup Genspark valued at $2.6 billion in latest funding round
June 17 : Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion, underscoring strong investor appetite for AI companies developing workplace productivity tools.The round was backed by existing investors including Sozo Ventures,
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Genspark.ai valued at $2.6 billion in latest funding round
June 17 : Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion.The Palo Alto, California-based company said the extension increased its total Series B financing to $485 million.The funding comes as investors continue to
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