Latest Startups & Entrepreneurship News
Legal AI startup Harvey hits $8B valuation on $160M raise
Legal AI firm Harvey has raised about $160 million in a new round at an $8 billion valuation, backed by Andreessen Horowitz and OpenAI’s startup fund, underscoring strong VC appetite for vertical enterprise AI platforms .
AI synthetic research startup Aaru raises Series A at $1B headline valuation
Aaru, an AI synthetic research startup, has raised a Series A at a $1B 'headline' valuation with participation from General Catalyst, Accenture Ventures, and others, signaling strong investor interest in AI-driven research tools .
Baidu’s Kunlunxin AI chip unit targets $3B Hong Kong IPO
Baidu’s AI chip arm Kunlunxin is preparing a Hong Kong IPO after a funding round valued it at about $3 billion; it designs AI accelerators used in Baidu’s data centers and by external customers .
Micro1 crosses $100M ARR as Scale AI competitor
Micro1, a fast-rising competitor to Scale AI in the AI data and labeling space, has disclosed it has crossed $100 million in annual recurring revenue after a meteoric growth year .
Cristiano Ronaldo invests in Perplexity AI
Cristiano Ronaldo has invested in AI search challenger Perplexity, giving the company a major cultural and brand boost as it competes with Google and other incumbents in the AI search space .
Biotech fundraising remains strong with multiple large rounds
Recent biotech financings include Triana Biomedicines’ $120M Series B, Protego Biopharma’s $130M Series B, and Artios Pharma’s $115M Series D, reflecting continued strong VC interest in life sciences .
Taipei City’s Global Pass expands startup internationalization
Taipei’s government-backed Global Pass program has attracted 650 registered members and helped 45 companies land overseas, creating a structured channel for global coworking spaces and investors to engage with cross-border startups .
Quantum computing startup Horizon Quantum raises $110M
Horizon Quantum Computing has secured $110 million in PIPE financing, backed by IonQ and a Fortune 50 tech company, to support its R&D and a proposed SPAC business combination .
Cloud computing startup Fluidstack in talks for ~$700M round
Cloud-computing startup Fluidstack is negotiating a funding round of nearly $700 million that would significantly boost its valuation, highlighting continued investor appetite for infrastructure and compute platforms .
VC funding increasingly concentrated in megarounds
In 2025, an estimated 70% of all U.S. startup funding went to megarounds (deals of $100M+), a record high share, indicating that capital is increasingly concentrated in a smaller number of well-established startups .