Discover funding options, tips, and finance insights for startups and businesses.
Funding
Nvidia has agreed to purchase a $5 billion stake in Intel, becoming one of the chipmaker’s largest shareholders and cementing a strategic partnership to co-develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel shares at $23.28 apiece, slightly below Intel’s prior trading
Semiconductors
AI chip startup Groq announced Wednesday that it has raised $750 million in fresh funding at a post-money valuation of $6.9 billion. The financing exceeded expectations, topping earlier reports from July that suggested the round would come in at about $600 million at a near $6 billion valuation. This
Cybersecurity
Irregular, an AI security company formerly known as Pattern Labs, has raised $80 million in new funding to expand its efforts in safeguarding artificial intelligence systems. The round was led by Sequoia Capital and Redpoint Ventures, with additional participation from Wiz CEO Assaf Rappaport, valuing the company at $450 million,
Software Development
Speed is everything in today’s AI-driven software world — and Blacksmith is betting it can help developers ship code faster and cheaper. The San Francisco–based startup announced a $10 million Series A led by Google Ventures (GV), just four months after raising its $3.5 million seed round. Rapid
Software Development
When Harjot Gill launched FluxNinja, an observability startup he co-founded after selling his first company Netsil to Nutanix in 2018, he didn’t expect his next big idea would emerge from watching his own engineers at work. “We had a team of remote engineers who were starting to adopt AI
Robotics
Humanoid robotics startup Figure has reached a staggering $39 billion valuation following its largest fundraising round to date, underscoring surging investor enthusiasm for robots designed to work alongside humans. The San Jose, California–based company announced Tuesday that it raised a Series C round exceeding $1 billion, led by Parkway
Hardware
London-based consumer electronics startup Nothing has closed a $200 million Series C round led by Tiger Global, pushing its valuation to $1.3 billion. The round also saw participation from existing backers GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, alongside new strategic investors including Nikhil Kamath and Qualcomm Ventures.
Military & Defense
Amid a surge of investor interest in defense technology, advanced manufacturing company Divergent Technologies has raised $290 million to expand production of missile components and other specialized hardware for the U.S. military. The financing round, which includes $40 million in debt, values the Los Angeles–based company at $2.
Finance
Robinhood, the trading platform that shook up stock and crypto markets by bringing them to retail traders, is now betting big on venture capital. The company is preparing to launch a new investment vehicle that would give everyday investors access to privately held start-ups — a corner of the market traditionally
Finance
Alphabet Inc., the parent company of Google, has reached a historic milestone, joining the exclusive group of companies valued at more than $3 trillion. The achievement underscores a renewed wave of investor optimism around the tech giant, fueled by advances in artificial intelligence and easing regulatory headwinds. On Monday, Alphabet
Food
Black Rock Coffee Bar has successfully raised $294.1 million in its U.S. initial public offering (IPO), the company announced Thursday, marking a significant milestone for the fast-growing cafe chain. The coffee company priced roughly 14.7 million shares at $20 each, above its marketed range of $16 to
Business Insights
CVC Capital Partners is close to acquiring a majority stake in Namecheap, one of the world’s largest domain registrars and web-hosting providers, in a transaction that values the company at about $1.5 billion including debt, according to people familiar with the matter, the Wall Street Journal reported. Deal