Cognition Crosses $1 Billion in Annualized Revenue, Delivering on a Target Set at Its May Funding Round
The Devin AI-coding startup hit $1B in annualized revenue run rate, weeks after a $2B Series E valued it at $48B.
4 min read3 sources
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venture-capital
38 articles covering "venture-capital"
Base Power Raises $1 Billion Series D at $13 Billion Valuation, Launches Base Core Home Battery
The Austin startup's new funding round and 39.2 kWh Base Core battery bet that backyard storage can ease grid strain from AI data centers.
4 min read4 sources
Natural Raises $30 Million Series A to Build Payments Infrastructure for AI Agents, Setting Up a Challenge to Stripe
Natural closed a $30 million Series A led by Forerunner to build payment rails built for autonomous AI agents rather than human checkout, positioning itself against Stripe.
4 min read2 sources
Chai Discovery Raises $400 Million Series C at $3.8 Billion Valuation as Pfizer, Lilly and Novartis Deals Pile Up
AI drug-design startup Chai Discovery raised $400 million at a $3.8 billion valuation, nearly tripling its worth in seven months as Pfizer, Eli Lilly and Novartis sign on.
3 min read3 sources
Lyzr Lets Its Own AI Agent Run a $100 Million Series B Fundraise as Valuation Nears $500 Million
Lyzr's AI agent SivaClaw fielded questions from 130-plus investors and drafted memos for the enterprise AI startup's in-progress $100 million Series B, which would value the three-year-old company near $500 million.
4 min read4 sources
Oratomic Raises $300 Million Series A to Build a Fault-Tolerant Quantum Computer Needing Just 20,000 Qubits
The neutral-atom startup landed a $300 million Series A co-led by ARCH, Spark, and Khosla, months after launching with Caltech research claiming far fewer qubits are needed for useful quantum computing.
4 min read4 sources
Baseten Raises $1.5 Billion at a $13 Billion Valuation as Investors Pile Into the AI Inference Layer
AI inference platform Baseten closed a $1.5 billion Series F at a $13 billion valuation, lifting total funding past $2 billion and underscoring how aggressively venture capital is chasing the infrastructure that serves AI models.
3 min read5 sources
Supabase Raises $500M Series F at $10.5 Billion Valuation as AI Agents Drive a Database Explosion
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.
3 min read3 sources
Ramp Raises $750 Million Series F at $44 Billion Valuation as Investors Bet on AI-Driven Spend Management
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.
3 min read4 sources
Cognition Raises $1 Billion at $26 Billion Valuation as Devin AI Engineer Hits $492 Million in Annualized Revenue
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.
3 min read3 sources
Anthropic Raises $65 Billion Series H at $965 Billion Valuation, Overtaking OpenAI as World's Most Valuable AI Startup
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.
3 min read2 sources
Brett Adcock's Hark Raises $700 Million Series A at $6 Billion Valuation to Build Personal AI Hardware
The AI startup founded by Figure AI's CEO closed an oversubscribed round led by Parkway Venture Capital, with Nvidia, AMD, Intel, and Qualcomm among the backers.
4 min read3 sources