funding

The open-source Postgres platform raised $500M led by GIC just seven months after its Series E, citing 600% database growth driven by AI coding agents.

Counter-drone startup Allen Control Systems closed a $200 million Series B at a $2.2 billion valuation to scale Bullfrog, an autonomous weapon station already deployed with the U.S. Army and Navy.

Fintech Ramp closed a $750 million Series F at a $44 billion valuation, nearly tripling its worth in a year as it pitches tools to manage corporate AI token spending.

German robotics-AI startup Sereact raised a $110M Series B led by Headline to scale its Cortex 2.0 software and open a first US office in Boston.

Industrial-robotics software maker Mujin raised $233 million in a Series D led by NTT Group and co-led by Qatar Investment Authority, bringing total funding to $411 million as it eyes a 2030 IPO.

THEKER raised $85M (€73M) led by CRV with Samsung and LVMH backing, for AI-native factory robots that reconfigure for different tasks.

The Rust Foundation opened a donation-backed fund on June 2 to pay maintainers of the compiler, standard library, Cargo, and Clippy, with the first Maintainer in Residence expected in the coming months.

The San Mateo startup, founded in 2024 by ex-DeepMind and Boston Dynamics researchers, has now raised more than half a billion dollars to scale its robot foundation models.

The maker of Devin, an autonomous AI software engineer, closed a Series D round led by Lux Capital, General Catalyst, and 8VC, more than doubling its valuation from $10.2 billion eight months earlier.

Anthropic's Series H puts it within striking distance of a $1 trillion valuation on $47 billion run-rate revenue, with Altimeter, Sequoia, GIC, and two dozen other institutions as backers.

The New York-based AI infrastructure startup grew annualized revenue fivefold to over $300 million in six months, fueled by the surge in AI-assisted coding.

Bengaluru startup Scapia has closed a $63M Series C led by General Catalyst at a post-money valuation exceeding $500 million, more than doubling its $200 million valuation from April 2025.