Investors and funding

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Jio Platforms files for India’s largest-ever IPO, with nearly $3 billion earmarked for debt repayment

Jio Platforms, the digital and telecom arm of Mukesh Ambani’s Reliance Industries, filed its draft red herring prospectus with India’s securities regulator on Friday for what would be the country’s largest initial public offering. The filing covers a fresh issue of up to 270 million shares, with no offer-for-sale component, meaning every rupee raised flows […]

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The developer behind VLC’s 6 billion downloads now wants to connect hundreds of millions of robots

Jean-Baptiste Kempf, the lead developer of VLC Media Player, has raised $5 million for his startup Kyber, an infrastructure layer for controlling remote devices in real time. The round was led by Lightspeed Venture Partners, which also led Mistral AI’s record-breaking seed round and has since invested in Anthropic. OVNI Capital and Kima Ventures also […]

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17 fusion startups have now raised over $100M each, and the total keeps climbing

The number of fusion startups that have raised more than $100 million has reached 17, according to a TechCrunch tally published Thursday, with total private investment in the sector now exceeding $13 billion. Two of the most recent rounds, Helion Energy’s $465 million raise and Focused Energy’s $240 million Series A, both closed in June […]

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17 fusion startups have now raised over $100M each, and the total keeps climbing Read More »

The bet against bigger models: Aether AI lands $20mn for causal AI

Most of the AI industry is betting that bigger models mean smarter machines. A new startup is betting the opposite. Aether AI, based in San Diego, has raised a $20mn seed round to chase a different idea entirely. Its founder thinks the next leap will not come from scale. It will come from teaching machines […]

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A startup betting on a different material for AI’s optics problem just raised $80mn from the people who build the hardware

AI’s next bottleneck is not the chips. It is the wiring between them. As clusters grow to hundreds of thousands of GPUs, the copper links that shuttle data between them are running out of road. So the industry is racing to move that traffic onto light instead. HyperLight, a startup spun out of Harvard, has […]

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A startup betting on a different material for AI’s optics problem just raised $80mn from the people who build the hardware Read More »

Immigrant-focused VC Geek Ventures returns with larger checks

Immigrant founders have long played a significant role in U.S. technology, but access to early-stage capital often still depends on local networks, customer introductions and proximity to established investors. That gap has created room for a small number of venture firms focused on immigrant, diaspora and cross-border founders, a category that has grown in recent years. […]

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Immigrant-focused VC Geek Ventures returns with larger checks Read More »

Warren raises €10M to fix Belgium’s broken workplace pensions

The typical Belgian works for about 40 years and retires with a workplace pension worth less than a second-hand car. Warren, a Ghent-based fintech, wants to fix that. The company has raised €10mn in a seed round led by Motive Ventures, the venture arm of transatlantic investor Motive Partners. F Capital joined, alongside returning backers […]

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GitHub for the factory floor: Copia raises $26M to protect the code that runs industry

Ask an industrial engineer how their plant would recover if a controller’s code got corrupted or encrypted, and the honest answer is often grim: a backup on someone’s laptop, in a folder named “final_backup_2”. Copia Automation wants to replace that with something closer to how software teams work. The New York startup has raised $26mn […]

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GitHub for the factory floor: Copia raises $26M to protect the code that runs industry Read More »

The Big Four bill by the hour. Andera just raised $37M to let AI do the audit.

Audit is the part of corporate life almost no one thinks about, and almost everyone pays for. Public companies spend thousands of hours a year collecting evidence, testing controls and writing it all up. Most of it is done by hand, in Excel, much the way it was in 2002. Andera wants to hand that […]

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The Big Four bill by the hour. Andera just raised $37M to let AI do the audit. Read More »

He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M.

Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house and failed. So he built it himself. His startup, Flagright, has now raised […]

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He spent 15 months hunting for compliance software that didn’t exist. So he built Flagright, which just raised $12.5M. Read More »

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