Gradial raises $65M to be the ‘AI glue’ for enterprise marketing
Gradial raises $65M to be the ‘AI glue’ for enterprise marketing

Every software company is racing to bolt an AI agent onto its own product. Gradial is betting the real money is in the gaps between them. The Seattle startup has raised $65mn in Series C funding to build what it calls an operating system for marketing:…

California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.
California expected a tax bonanza from AI IPOs. Modern compensation structures may blunt the windfall.

SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the l…

While Helsing and Anduril chase billion-dollar valuations, Comand AI raised €32M for the layer above them
While Helsing and Anduril chase billion-dollar valuations, Comand AI raised €32M for the layer above them

The defence-tech land grab has a new front, and it sits above the drones and sensors that get the headlines. Comand AI, a Paris startup building AI software for military command, has raised a €32mn Series A led by Blossom Capital, with a strategic inve…

85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.
85% of NATO’s defence-tech funding goes to the US. AVP and Earlybird raised €500M to change that.

Europe is pledging hundreds of billions to defence. Almost none of the venture money funding the technology behind it is European. Since 2019, the US has captured around 85 per cent of all NATO defence-tech venture funding, according to the founders of…

An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors
An ex-Palantir leader raised $16M to point AI at the NHS’s paperwork, not its doctors

Almost every AI tool aimed at the NHS is built for clinicians. Frontier Health raised $16M to build for the people behind them. The London startup announced a $16M seed round led by Atomico, with firstminute capital and XYZ Venture Capital also taking …

Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference
Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

Baseten is finalising a $1.5bn funding round that values the company at up to $13bn. The structure is almost as notable as the size. The round is dual-tiered, with some investors buying in at an $11bn valuation and others at $13bn, according to the com…

NeuralTrust raised $20M to police the AI agents companies can’t even count
NeuralTrust raised $20M to police the AI agents companies can’t even count

NeuralTrust, a Barcelona startup, has raised $20mn to secure the AI agents that big companies are now deploying faster than they can keep track of. The seed round, worth €17.2mn, was led by Munich’s Alstin Capital, with VentureFriends, Seaya, Kibo Vent…

Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO
Sequoia’s Roelof Botha joins the SpaceX board, days after the record IPO

SpaceX has named its first new board member since going public, and the word doing the heavy lifting in the announcement is “independent.” In a filing on June 17, the company said its board had elected Roelof Botha, the former Sequoia Capital steward, …

Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre
Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre

AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megawatts, according to people familiar with the matter. …

Dream raises $260m at $3bn, tripling its value in 16 months
Dream raises $260m at $3bn, tripling its value in 16 months

Sixteen months ago, Dream was a billion-dollar company. This week it is worth three. The Israeli AI and cybersecurity firm has raised $260m in a round that valued it at $3bn, nearly tripling the $1.1bn it commanded in February 2025, a pace of revaluati…