Latest Startups & Entrepreneurship News
Kalshi Closes $1B Funding Round, Valuation Hits $11B
Prediction market platform Kalshi secured $1 billion in funding, boosting its valuation to $11 billion. Led by CapitalG and Sequoia Capital, the round follows a prior $300M raise amid record trading volume. Funds will expand operations globally.
Harness Raises $240M at $5.5B Valuation for AI Automation
DevOps platform Harness raised $240M, including $200M primary led by Goldman Sachs and $40M tender, reaching $5.5B valuation. The funding targets automating AI's post-deployment workflows.
Investors include IVP and Menlo Ventures.
Quantum Art Secures $100M Series A for Trapped-Ion Quantum Computers
Quantum Art raised $100 million in Series A to scale trapped-ion quantum processors. The funding highlights investor focus on quantum hardware advancements.
It led December 10's funding highlights.
Prolynx Raises $70M Series A in Biotech
Biotech firm Prolynx closed $70 million Series A on Dec. 11, backed by 5AM Ventures, OrbiMed, and Monograph Capital. The funds support drug development initiatives.
It marks a key December biotech raise.
Runway Releases First World Model with Native Audio
AI video startup Runway debuted a physics-aware world model for simulating reality in video, robotics, and avatars. It also added native audio to its latest video model.
This advances generative AI applications.
D3 Bio Closes $108M Series B for Biotech Expansion
D3 Bio raised $108 million Series B on Dec. 10, with investors including IDG Capital, Temasek, and WuXi AppTec. The funding accelerates biotech R&D.
It ranks among top recent healthcare rounds.
Ultraviolette Secures $45M for EV Growth
Electric vehicle startup Ultraviolette raised $45 million to expand operations. The funding tops weekly VC news for EV innovation.
It supports global market push.
PsiThera Raises $47.5M Series A for AI Drug Discovery
PsiThera closed $47.5 million Series A to advance AI-driven drug discovery. The round reflects biotech AI momentum.
It featured in top Dec. 10 fundings.
Corintis Lands $25M to Cool AI Hardware
Swiss startup Corintis secured $25 million for efficient AI cooling tech. Funds will drive global growth.
It addresses key AI infrastructure needs.
Crisp Raises $26M Series B1 for Retail AI Analytics
Crisp closed $26 million Series B1 to scale AI-powered retail analytics for CPG and retail. The funding supports platform enhancements and growth.
It highlights AI in logistics.
Overview Energy Proves Space Solar Wireless Power in Motion
U.S. space solar startup Overview Energy demonstrated its high-power wireless energy beaming satellite system working in motion, a claimed world first. This breakthrough aids space-based solar applications.
It advances clean energy startups.
Brevo Achieves Unicorn Status, Targets US CRM
Brevo reached unicorn valuation with new funding, planning U.S. CRM market expansion. It featured in top weekly startup news.
The move strengthens global competition.