OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise

Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital. 

Form Energy raises $750M to build more 100-hour batteries for the grid

Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.

Lovable confirms new $13.3B valuation, raises another $400M

This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.

OpenAI reportedly completed a $7 billion employee tender offer

San Francisco’s housing market is in trouble again.

Discovered Materials is playing AI whack-a-mole to hunt cooler chips

Discovered Materials raised $9 million to fund the hunt for more novel materials to build more efficient chips.

Defense tech Hadrian raises $1.37B at $8B valuation

Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It’s backed by a long list of well-known investors.

Naïve raises $28.5M to automate the grunt work of setting up and running a company

Taking vibe-coding a step further, Naïve claims its infra can automate most of the work in setting up and running a business.

Ex-Spotify employees raise $10M to bring the AI behind its recommendations to e-commerce

The startup’s platform predicts what product a shopper wants next, learn their general taste, and fine-tune continuously based on what they do in real time. 

Omilia raises $67M to scale its customer support platform

The Series B is the company’s second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million.