11 results found
OpenAI-backed Thrive Holdings secured $2 billion at a $12 billion valuation to expand its enterprise AI integration strategy. The firm acquires traditional businesses, infusing AI into their operations, and plans to extend its proven model beyond accounting and IT into regulatory services for physical assets. This major funding round highlights a growing trend of hands-on AI deployment in the enterprise.
Embattled AI hedge fund Situational Awareness has invested a further $400 million into chip startup Source Foundry, bringing its total backing to $500 million. This significant move comes despite the fund recently selling off much of its public portfolio and seeing its assets under management drop from $20 billion to $10 billion. The investment underscores a continued strategic focus on critical AI infrastructure, even after recent market struggles.
Fora, the innovative AI-powered travel agency, has officially joined the ranks of billion-dollar companies, announcing a $60 million Series D funding round that solidifies its unicorn status. The capital injection, led
AI law startup Norm announced Tuesday it has successfully closed a $120 million Series C funding round, propelling the nearly three-year-old company to a $1.2 billion valuation and officially granting it unicorn status.
Seattle’s Cascade PBS has spun out Local Public, a new company building custom streaming apps for public media stations nationwide. Launched July 1, Local Public empowers stations with branded apps, fundraising tools, and data, offering a local alternative to national streaming platforms. The initiative aims to combat media consolidation and promote community-rooted content.
On June 18, industry leaders, investors, and founders will gather at The Aerospace Corporation Campus in El Segundo for StrictlyVC Los Angeles. This exclusive event promises an evening of profound discussions,
Gateway Capital, founded by Dana Guthrie, has completed the first close of its $25 million target Fund II, enabling immediate investment operations. The Milwaukee-based firm plans to back at least 20 Midwest-focused companies with average checks between $500,000 and $600,000, targeting sectors like supply chain, logistics, and manufacturing AI.
Nomadic secures $8.4 million in seed funding, valuing the AI startup at $50 million. Its platform transforms vast autonomous vehicle and robot video data into structured, searchable datasets, critical for AI training and identifying crucial edge cases.
Aetherflux, founded by Robinhood co-founder Baiju Bhatt, is reportedly raising a Series B round of $250M-$350M at a $2 billion valuation, with Index Ventures leading. The startup has strategically pivoted from space solar power to developing space data centers for AI, aiming to launch its first orbital data center by 2027. This move places Aetherflux in a competitive emerging market alongside other major space companies.
Super Early Bird pricing for TechCrunch Disrupt 2026 concludes tomorrow, February 27, at 11:59 p.m. PT, offering the final chance to save up to $680 on passes or 30% on group registrations. The event, held October 13-15 in San Francisco, serves as a crucial platform for founders, investors, and operators to connect, raise capital, and discover innovations.
The TechCrunch Founder Summit 2026 in Boston offers a high-leverage opportunity for developer-led startups to accelerate growth. Exhibiting provides direct access to over 1,000 founders, investors, and decision-makers, enabling rapid customer acquisition, capital raising, and strategic partnership formation. Leverage multi-channel ROI and strategic team deployment to convert three concentrated days into months of pipeline.
