Investors and funding

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Nvidia paid Groq $20 billion and took its top engineers. Now Groq is raising $650 million for what’s left.

Groq is raising $650 million from existing investors to fund its inference cloud business, Axios reported. The raise comes six months after Nvidia struck a $20 billion not-acqui-hire that paid out Groq’s investors in cash, took several senior engineers, and licensed Groq’s hardware technology. The same investors who were cashed out in December have now […]

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Nvidia paid Groq $20 billion and took its top engineers. Now Groq is raising $650 million for what’s left. Read More »

Parloa turns its $350 million war chest into a partnership web spanning SAP, Microsoft, and OpenAI

Parloa, the Berlin-founded AI agent management platform, has announced a wave of strategic partnerships with SAP, Microsoft, OpenAI, Five9, and Epic as it deploys the $350 million it raised in its January 2026 Series D round. The company, which builds AI agents for enterprise customer service, has also surpassed $50 million in annual recurring revenue with […]

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Parloa turns its $350 million war chest into a partnership web spanning SAP, Microsoft, and OpenAI Read More »

Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago.

Stark, a Berlin-based strike drone startup founded in 2024, is in discussions to raise at least €300 million at a valuation of approximately €2.5 billion, the Financial Times reported. If completed, the deal would more than double the company’s valuation from earlier this year, when it crossed the €1 billion mark. The company is 18 […]

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Berlin’s Stark is raising €300M at a €2.5B valuation. The kamikaze drone maker was founded 18 months ago. Read More »

Picogrid raises $45M to become the neutral integration layer for modern defence

The Pentagon is buying defence hardware faster than it can make any of it talk to each other. Sensors, autonomous platforms, edge compute, electronic-warfare payloads, space and undersea systems, all arriving at once, each speaking its own dialect. Picogrid, a six-year-old company in El Segundo, California, has raised $45 million to translate. The Series A, […]

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Picogrid raises $45M to become the neutral integration layer for modern defence Read More »

Fonoa raises $110M and buys PwC’s tax software to build a real-time compliance platform

The Dublin-registered tax-tech firm paired a Series C led by Headline with the acquisition of PwC’s Indirect Tax Edge, a bet that periodic compliance is giving way to real-time. Indirect tax is the kind of problem most people never think about until a government decides to watch every transaction in real time. That is now […]

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Fonoa raises $110M and buys PwC’s tax software to build a real-time compliance platform Read More »

Transition Ventures lands $150M Fund II with Olix, Applied Atomics and Seneca on the portfolio

Transition Ventures, the London-based early-stage firm led by Unity co-founder David Helgason, has closed a $150m second fund, bringing the platform’s assets under management to over $300m. Fund II will continue Transition’s thesis that the most consequential companies of the coming decade will sit at the intersection of AI and the physical world: power, robotics, […]

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Transition Ventures lands $150M Fund II with Olix, Applied Atomics and Seneca on the portfolio Read More »

AtlasEdge raises $1.2bn in debt to scale its European data-centre footprint

AtlasEdge, the European data-centre operator jointly owned by Liberty Global and DigitalBridge, has secured roughly $1.2bn in debt financing to scale its data-centre footprint across the continent, according to a Bloomberg report on Thursday. The facility is the largest single financing AtlasEdge has raised since its 2021 formation and lands in a stretch of unusually […]

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AtlasEdge raises $1.2bn in debt to scale its European data-centre footprint Read More »

Orbital Industries raises $50M Series B for AI-designed data-centre hardware

The London-and-San-Francisco startup, formerly Orbital Materials, has closed $50M led by Plural for PFAS-free cooling fluid and modular high-density compute infrastructure. Orbital Industries, the London-and-San-Francisco AI-materials startup formerly known as Orbital Materials, has raised $50m in a Series B led by Plural with participation from Nvidia’s NVentures, Radical Ventures, Compound and Fly Ventures. The funding […]

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Orbital Industries raises $50M Series B for AI-designed data-centre hardware Read More »

France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure

A new report on the French tech ecosystem by Alexandre Dewez, a partner at venture firm 20VC, paints a picture of a startup scene that is growing more dependent on a handful of AI companies while the rest of the market stalls. French startups raised €6.7 billion across 411 funding rounds in 2025, a 5% decline in […]

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France’s startup scene is falling behind the US and Europe, and AI is both the cause and the cure Read More »

Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI

Cognition AI has raised more than $1 billion in new funding at a $26 billion valuation, more than doubling its worth since a September round that valued the company at $10.2 billion. The round was co-led by Lux Capital, General Catalyst, and 8VC, with participation from Ribbit Capital, Atreides Management, and Peter Thiel’s Founders Fund. […]

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Cognition just raised $1 billion at a $26 billion valuation, and 90% of its own code is written by its AI Read More »

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