Keyfactor raised $1 billion in a strategic growth investment led by Summit Partners to build trust infrastructure for AI and machines. With fresh funds, Keyfactor will help accelerate the company’s global scale and growth initiatives, enabling product innovation, geographic expansion, team building, and strategic acquisitions. Andy Collins, a Managing Director at Summit Partners, said: “We … Read more
Venice raised a $65 million Series A led by Dragonfly, with backing from Coinbase Ventures, F-Prime, North Island Ventures, and others. The investment round values Venice at $1 billion, roughly two years after public launch, and is the first outside capital the company has raised. According to latest data provided by Venice, the two year … Read more
Nvidia AI chip competitor Etched says it has already booked $1 billion in contract orders for its products. Etched is currently in the process of testing that first product with customers. Etched, founded in 2022, also disclosed that it has now raised a total of $800 million in funding to date. The most recent tranche … Read more
CarbonSix, a Physical AI company developing deployment-ready robotic intelligence and automation solutions for manufacturing, raised $40 million (approx. KRW 60 billion) in a Series A funding round to accelerate the adoption of Physical AI across global manufacturing. The investment round was co-led by DSC Investment and LB Investment, with participation from IMM Investment, Korea Development Bank, SV Investment, … Read more
TwelveLabs, a developer of an AI video intelligence platform that enables machines to perceive, understand, and reason about video the way humans do, raised $100 million in Series B funding. With fresh funds, TwelveLabs plans to expand its business beyond video understanding models into a full-stack agentic intelligence system for video that combines perception, knowledge, and reasoning into … Read more
OXMIQ Labs, a unified GPU and AI architecture startup, raised $35 million in a Series A round, bringing its total capital raised to date to $60 million. OXMIQ Labs said the investment round will help it scale its OxCore, a GPU architecture that allows semiconductor companies and AI system builders to build custom AI silicon … Read more
Together AI, the company making it dramatically cheaper and easier to run open source AI models at scale, raised $800 million in a Series C funding round at an $8.3 billion post-money valuation. The funding round was led by Aramco Ventures, with participation from Vista Equity Partners, General Catalyst, Emergence Capital, NVIDIA, March Capital, Pegatron, … Read more
Joulent, a developer of AI-powered multi-gigawatt energy infrastructure to power North American data centers, secured a $1.75 billion strategic minority investment from National Grid Ventures, an investment arm of National Grid. Chris James, Joulent’s Founder and CEO, said: “This investment from National Grid Ventures strengthens our ability to deliver reliable, large-scale power on the timelines … Read more
Pie, an AI-powered growth platform for small businesses, secured a $19.5 million Series A led by Lightspeed Venture Partners, with participation from Capital One Ventures, Max Levchin’s SciFi VC, F-Prime, Commerce Ventures, WEX Venture Capital, and existing investors. Including the latest investment round, Pie has raised a total of $23.7 million to date. Pie also … Read more
8090, the AI-native software factory founded by Chamath Palihapitiya, today announced that it has raised $135M, led by Salesforce, to scale its platform that lets teams of people and AI agents build and change enterprise software together. 8090 builds the 8090 Software Factory, the governed multiplayer platform for building and changing enterprise software with coordinated … Read more