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Privacy-focused AI platform Venice AI raised a $65 million Series A at a $1 billion valuation — its first external fundraise — after organically growing to over 3 million active users offering access to 200+ AI models with zero data retention.
Proception, founded by a former Tesla Optimus technical lead, settled a year-old trade secret lawsuit with Tesla and simultaneously announced an $11 million seed round led by First Round Capital.
Chinese super-app Meituan published technical details and weights for LongCat-2.0, a 1.6-trillion-parameter mixture-of-experts model with about 48B activated per token and a 1-million-token context, trained almost entirely on domestic Chinese chips.
Mistral AI raised $830M in debt (not equity) at an €11.7B valuation. A new 10 MW inference-focused data center at Les Ulis opens in Q3 2026.
Spatial-AI startup General Intuition raised a $320M Series A led by Khosla Ventures at a $2.3B valuation, training world models on gameplay clips from Medal's 17M monthly users.
Trase, founded by Grant Verstandig, raised a $107M seed led by ARCH Venture Partners to build an agentic operating system for regulated industries like healthcare and defense. Total funding now $117.5M.
Scaled Cognition raised $100M Series A led by Khosla Ventures at a ~$750M valuation, with Genesys joining as both investor and customer. The company sells its Agentic Pretrained Transformer (APT) model and simulation platform for high-stakes enterprise deployments.
French digital health insurer Alan closed a €480M Series G led by Prosus at a €5.5B valuation. Q1 2026 ARR exceeded €800M with 53% YoY growth. One of Europe's largest 2026 health-tech rounds.
GPU cloud Runpod closed a $100M growth round led by Summit Partners at a $1B valuation. ARR doubled in six months to $240M. The company turned down acquisition offers above $500M to stay independent.
Patronus AI raised a $50M Series B led by Greenfield Partners and unveiled Digital World Models — large-scale simulation environments to stress-test AI agents before production. Revenue grew 15x year over year.
Sail Research emerged from stealth with a combined $80M seed + Series A at a $450M valuation, led by Kleiner Perkins with Sequoia, Redpoint. The company optimises infrastructure for long-running AI agents and already processes trillions of tokens weekly.
Former Infosys CEO Vishal Sikka emerged with Hang Ten Systems, raising a $32M seed led by Mayfield. Early customers include Siemens Gamesa and Fresenius; Yahoo co-founder Jerry Yang is on the board.
Crypto-native VC Framework Ventures closed a $400M fourth fund and explicitly broadened its scope to 'frontier technology' including AI, robotics and energy. Roughly half the fund is already deployed.
Runlayer raised $30M from Felicis and Khosla Ventures to give enterprises unified control over deployed AI agents and visibility into shadow AI.
Coval, founded by ex-Waymo engineer Brooke Hopkins, raised $28M led by Norwest to scale simulation infrastructure for voice and chat AI agents.
Assort Health closed a $120M Series C led by Menlo Ventures, making it one of the largest deployments of AI agents in healthcare.
Goldman Sachs led a $110M Series C for Berlin/NYC startup Taktile, whose Agentic Decision Platform automates loan approvals and insurance claims.
Meta launched a new $299 smart-glasses line called Meta Glasses with Meta AI that understands what you see, answers questions, and helps manage your day — without the Ray-Ban brand.
Defense startup Hadrian Automation has denied a Bloomberg report claiming a $1B funding round at a $7.5B valuation. The company was valued at $1.6B in January, so the reported number would more than quadruple it.
Open-source AI lab Reflection (founded by ex-DeepMind researchers) will pay SpaceX $150M/month through 2029 — up to $6.3B total — for GB300-based compute at the Colossus 2 data center near Memphis.
MGX has raised close to $50B from sovereign wealth funds and institutions to accelerate AI infrastructure and frontier-tech bets, with capital already flowing to OpenAI and xAI.
Groq raised $650M to expand data-center capacity and pivot from chip maker into AI compute provider, following an asset sale to Nvidia.
SpaceX launched its first-ever USD investment-grade bond offering, expected to total ~$20B, signaling a major borrowing spree to back its AI compute (Colossus) ambitions after its $75B IPO.
Anthropic backer Menlo Ventures closed $3B across two vehicles — Menlo Ventures XVII (seed/Series A) and Inflection IV (growth) — its largest haul ever, with its Anthropic stake reportedly worth ~$14B.
VLC lead Jean-Baptiste Kempf launched Kyber, an SDK to control robots, drones and remote IT with minimal latency. Lightspeed — backer of Anthropic and Mistral — led a $5M round.
Odyssey raised a Series B led by Natural Capital with Amazon and AMD Ventures backing world-model tech. AWS becomes its preferred cloud; existing backers include Jeff Dean and Garry Tan.
Google's parent plans an $80B equity raise to fund the next wave of AI data-center buildout and compute.
The physical-AI startup from Jeff Bezos and Vik Bajaj raised $12B from JPMorgan, Goldman and BlackRock; the goal is an 'artificial general engineer' that designs physical systems.
The French AI lab is reportedly negotiating roughly €3B ($3.5B), which would nearly double its September 2025 €11.7B valuation. Mistral positions itself as Europe's sovereign alternative to US labs.
