Spiko, a Paris and London company that issues tokenised cash funds, has taken its total funding to $120 million, it said in a statement on Tuesday. New Enterprise Associates (NEA) led the $90 million Series B. Index Ventures, Bpifrance, Speedinvest, Fl…
Minerva Humanoids has raised about $10M in pre-seed funding to build humanoid robots for dangerous jobs. The San Francisco startup works on oil and gas and public safety. General Catalyst led the round, with Long Journey Ventures and Credo Ventures as …
Vinci, the AI software company based in Palo Alto that simulates physics for use in chip and hardware design, has raised $250M at a $1.5bn valuation, the company announced on Tuesday. Advent, Temasek and Xora Innovation led the round, while earlier inv…
Reflection AI, the Nvidia-backed startup founded by former Google DeepMind researchers, has unveiled Beam, its first open-weight model. Beam is built for coding, reasoning and agentic work. Reflection will release its weights later this month, the comp…
Reclinker, a startup that turns demolition waste back into cement, has raised £10m in a Series A round. It will use the money to move from trials to full commercial production in Cardiff. The company said on Monday that its process cuts cement’s emissi…
Kanu AI has come out of stealth with $11.7m in funding. The Seattle startup builds software that runs inside a customer’s own cloud. Accel, BMW i Ventures and a16z speedrun joined a round led by Trilogy Equity Partners, the company said in a statement …
Restate, a Berlin startup founded by the creators of Apache Flink, has raised a $20m Series A. It builds infrastructure that keeps AI agents and backend software running through failures. Singular led the round, with Redpoint Ventures and Capital One V…
Metaview, a London and San Francisco startup that builds AI agents for recruiting, has raised a $60m Series C led by Insight Partners. GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural and Garuda Ventures also took part, the company sa…
GMI Cloud, a Mountain View company that rents out Nvidia GPU servers, has raised $668m in new financing, the company said on Wednesday. That is $223m of Series B equity and a $445m credit facility. The Taiwanese bank CTBC led the credit facility. ARCHI…
CScale, a Palo Alto startup building optical interconnect for AI data centres, has come out of stealth with $145m in Series C funding. The round takes its total funding to $188m, the company said in a statement on Wednesday. Atreides Management led the…