Investors and funding

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Robot-arm maker Standard Bots hits a $1bn valuation to scale US manufacturing

America wants to build robots, not just import them. A New York startup has just raised $200mn to do exactly that. Standard Bots has closed a $200mn round that values the company at $1bn, minting a fresh robotics unicorn. The financing was led by General Catalyst and RoboStrategy, a fund dedicated to robotics, and marks […]

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NinjaOne’s valuation more than doubles to $12.3bn, and it says it didn’t even need the money

Most startups raise money because they need it. NinjaOne has just raised more than $400m to make the opposite point. The Austin-based IT-operations company said on Tuesday that a fresh round of Series C extensions has more than doubled its valuation to $12.3bn, up from the $5bn it was worth only 16 months ago. The […]

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NinjaOne’s valuation more than doubles to $12.3bn, and it says it didn’t even need the money Read More »

Finland’s ICEYE hits a €10bn valuation, quadrupling in six months as Europe scrambles for its own spy satellites

Six months ago, ICEYE was worth €2.4bn. Today it is worth more than €10bn. Few numbers capture Europe’s defence-tech boom as bluntly as that. The Finnish satellite company has raised €450mn in a Series F round led by General Atlantic, valuing it at over €10bn ($11.5bn), a fourfold jump since December. Counting a secondary sale […]

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Finland’s ICEYE hits a €10bn valuation, quadrupling in six months as Europe scrambles for its own spy satellites Read More »

Europe’s best-funded rocket startup just raised €270M, and now Isar Aerospace has to actually reach orbit

Europe has the ambition to reach space on its own. What it lacks is rockets that work. Isar Aerospace has just raised €270mn to fix the first problem, and in less than a week it gets another chance to fix the second. The Munich startup, one of Europe’s best-funded space companies, closed a €270mn Series […]

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Europe’s best-funded rocket startup just raised €270M, and now Isar Aerospace has to actually reach orbit Read More »

Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year

Perplexity AI plans to go public in 2028, and CEO Aravind Srinivas told CNBC that timeline has not changed because OpenAI and Anthropic are now filing for IPOs. “Agnostic of these two companies, we were planning for something in 2028, so that still remains the case,” Srinivas said. The statement positions Perplexity as the deliberate […]

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Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year Read More »

OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded.

OpenAI submitted confidential IPO paperwork to the SEC on Monday, the company confirmed. Goldman Sachs and Morgan Stanley are advising on a potential listing that could come as soon as the autumn, according to people familiar with the matter. The filing makes OpenAI the third major AI-adjacent company to move towards public markets in a single […]

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OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded. Read More »

SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing

SpaceX’s initial public offering is well oversubscribed, according to Bloomberg, with order books set to close on Monday ahead of a pricing expected on Wednesday and first trading on Nasdaq on Thursday. The $75 billion raise at $135 a share would be the largest IPO in history, eclipsing Saudi Aramco’s $29.4 billion listing in 2019. […]

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SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing Read More »

Healthcare’s $97bn staffing problem just won an AI training startup a $55M round

America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try. The New York startup has raised a Series C led by healthcare-and-fintech investor Oak HC/FT, with new backers Foresite Capital, Hearst Ventures, and […]

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Healthcare’s $97bn staffing problem just won an AI training startup a $55M round Read More »

The UK just collected billions in AI pledges on day one of London Tech Week

London Tech Week opened the way these events increasingly do: with a leaderboard of investment pledges. By the end of the first morning, the UK had collected several billion pounds in AI commitments, most of it aimed at the unglamorous machinery of compute. Prime Minister Keir Starmer kicked off the keynotes with a new national […]

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A former NASA chief is taking Quantum Space public at $1.2bn to build spacecraft for the next space race

The last time Jim Bridenstine shaped America’s space ambitions, he ran NASA. Now he is betting he can build the hardware for the next phase of the space race, and he wants public investors to fund it. Quantum Space, the Maryland startup Bridenstine now leads, is going public through a merger with a blank-cheque company, […]

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