Latest Startups & Entrepreneurship News
Symbiotic Security Raises $10M Seed for AI Code Security
Symbiotic Security secured a $10 million seed round to address risks in AI-generated code, tackling the bottleneck in security reviews for faster software development. The funding targets teams generating code rapidly but struggling with validation under deadlines.
UK's Orbex in Sale Talks with The Exploration Company
Orbex, a UK government-backed rocket startup, entered sale discussions with European space firm The Exploration Company, signing a letter of intent. This reflects consolidation in Europe's launch market due to high capital needs and delays.
Upscale AI Secures $200M for AI Scale-Up Interconnect
Upscale AI raised $200 million to build an open scale-up interconnect for next-gen AI compute, addressing data movement bottlenecks in high-performance systems. The Series A was led by Tiger Global, Premji Invest, and Xora Innovation, valuing the firm over $1 billion.
Founded less than two years ago in Santa Clara.
Chata Technologies Closes $10M Series A for Finance AI
Canadian startup Chata Technologies raised $10 million USD in Series A for deterministic AI in finance, emphasizing predictable, auditable outputs for regulated sectors. This targets enterprises needing reliable automation without 'close enough' results.
Anduril Commits $1B to New California Defense Campus
Defense tech startup Anduril plans a $1 billion investment in a Long Beach campus for advanced hardware-AI systems, boosting Southern California's defense hub. The expansion adds jobs and supports the growing venture-backed defense sector.
D-Orbit Raises $53M Series D Tranche for Space Data Services
Italian space startup D-Orbit secured $53 million in a Series D first tranche led by Azimut Group, with more funding planned for in-orbit logistics and data infrastructure. This advances commercial space services from experimental to repeatable operations.
Inferact Launches with $150M Seed at $800M Valuation
AI inference startup Inferact, from vLLM creators, raised $150 million seed led by Andreessen Horowitz and Lightspeed Venture Partners. The funding commercializes open-source LLM inference tech.
Mia Labs Raises $20M Series A for AI Car Dealership Tools
Austin-based Mia Labs closed a $20 million Series A led by Permanent Capital Ventures to build AI tools for car dealerships. Total raised now $29 million including prior seed.
Capital One Acquires Fintech Brex for $5.15 Billion
Banking giant Capital One is buying fintech startup Brex for $5.15 billion in cash and stock, called the largest bank-fintech deal. Brex, serving enterprise clients like Anthropic and DoorDash, grows 40% YoY and is profitable with 1,100 employees.
It will operate independently post-close midyear.
Cloover Secures $22M Equity and $1.2B Debt Facility
Swiss-German cleantech Cloover raised $22 million Series A led by MMC Ventures and QED Investors, plus a $1.2 billion debt facility. Revenues grew 8x to nearly $100 million last year; aims for $500 million sales in 2026 while profitable.
Baseten Raises $300M for AI Infrastructure at $5B Valuation
San Francisco AI infrastructure startup Baseten reportedly raised $300 million backed by IVP, CapitalG, and Nvidia. The 7-year-old firm hit a $5 billion valuation.
OpenEvidence Secures $250M Series D for Medical AI
Medical AI platform OpenEvidence raised $250 million in Series D co-led by Thrive Capital and DST, doubling valuation to $12 billion. The Miami startup's fourth fundraise in under a year targets doctors.