Investors and funding

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WindBorne’s AI beats the government’s weather forecasts. Making money from them is the harder problem

WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $250 million. It takes WindBorne’s total funding past $62 million. The forecasting is the easy […]

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Berlin’s Moss becomes a unicorn betting on ‘controllable’ finance AI

Another European fintech has joined the unicorn ranks. Berlin-based Moss has raised €30m in a Series C round that values the spend-management company at more than €1bn. The round was led by Portage. The specialist fintech investor headlined the raise, with existing backer Cherry Ventures also taking part, extending its bet on a company it […]

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn

Nik Storonsky wants a bigger slice of Revolut, and he has picked an ambitious price. The cofounder and chief executive is in talks over a new share award, the Financial Times reported. It would grow his stake if the fintech reaches a $500 billion valuation. Storonsky owns about 29% of Revolut today. The new package […]

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Revolut is valued at $115bn. Its founder’s new share deal targets $500bn Read More »

Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner

Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until today served as Gemini’s co-technical lead at Google DeepMind. Shaun Johnson, who […]

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Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner Read More »

A startup that slashes AI agent bills just raised $35M. Anthropic is a backer.

Sapiom is a San Francisco startup that sits between AI agents and the models they run on. It has raised a $35 million Series A. Dragonfly led the round. It comes 11 months after the company launched, and six months after a $15 million seed led by Accel. That takes total funding to $50 million. […]

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A startup that slashes AI agent bills just raised $35M. Anthropic is a backer. Read More »

Moove raises $250m at a $2.1bn valuation to run robotaxi fleets

Moove has quietly become one of the more valuable names in autonomous mobility. The company has raised $250m in a Series C round that values it at $2.1bn, a marker of how far it has travelled from its origins. The backing is heavyweight. The round was led by Abu Dhabi’s Mubadala, with Toyota’s growth fund […]

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Jeff Bezos files to sell roughly $4 billion in Amazon shares after stock hits $3 trillion

Jeff Bezos has filed to sell 15 million shares of Amazon common stock, a stake worth roughly four billion dollars based on the company’s closing price on Monday. The filing, a Form 144 submitted to the Securities and Exchange Commission, disclosed that the sales would be executed through Morgan Stanley under a pre-arranged Rule 10b5-1 […]

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Amsterdam startup Ore Energy raises $43 million to build iron-air batteries that store power for days

Ore Energy, an Amsterdam-based startup building grid-scale iron-air batteries, has raised $43 million in Series A funding to scale a technology that can store renewable electricity for up to 100 hours. The round was led by Plural and HV, with participation from Positron Ventures, bringing the company’s total funding to $61 million. The batteries work […]

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Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and Diffusion, and a striking promise: to create “a new generation of millionaires.” The […]

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Obsidian Security hits a $1.1bn valuation as AI reshapes the threat

Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn valuation as demand for tools that secure AI surges. The raise pushes Obsidian into unicorn territory and reflects a simple dynamic. Every new way […]

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