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Chip simulation startup Vinci raises $250m at a $1.5bn valuation

Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology /

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 investors Eclipse and Khosla Ventures participated again, along with Madrona, the company stated. Vinci’s […]

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Nvidia-backed Reflection unveils Beam, its first open-weight model

Artificial Intelligence, China, Deep tech, Digital Marketing, SEO Tips, Startups and technology, Technology, United States /

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 company said in a blog post on Monday. Anyone can download an open-weight model and run it on their […]

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Reclinker raises £10m to turn demolition waste back into cement

Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Sustainability, Technology, UK /

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 emissions in half, at the same cost as conventional cement. Clean Growth […]

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Kanu AI raises $11.7m to turn how staff work into software they own

Artificial Intelligence, Business Apps, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

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 on Wednesday. “Companies have spent decades buying software built around someone […]

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Restate raises $20m to keep AI agents running when software fails

Artificial Intelligence, Design & Dev, Digital Marketing, Europe, Investors and funding, SEO Tips, Startups and technology, Technology /

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 Ventures, the company said in a statement on Wednesday. Its total funding is now $27m. […]

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Metaview raises $60m to put AI agents across the whole hiring process

Artificial Intelligence, Digital Marketing, Future of work, Investors and funding, SEO Tips, Startups and technology, Technology, UK /

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 said in a statement on Wednesday. The round comes a year after its previous one […]

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Nvidia-backed GMI Cloud raises $668m as contracted revenue tops $600m

Artificial Intelligence, Asia, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

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. ARCHIV, a new San Francisco firm that invests in AI and robotics, […]

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CScale exits stealth with $145m to stop laser failures stalling AI

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

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 round, with Valor Equity Partners and Premji Invest as co-leads. Sutter Hill […]

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Alex Stamos joins Cognition to make AI security affordable

Artificial Intelligence, Design & Dev, Digital Marketing, Security, SEO Tips, Startups and technology, Technology, United States /

Alex Stamos has joined Cognition, the maker of the Devin AI coding agent, as its chief information security officer. He announced the move in an article on X on Tuesday, titled “Why I’m joining Cognition”. “There are real safety and security issues raised by AI, but they can be fixed. It’s time to get to […]

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ElevenLabs doubles its valuation to $22bn in a $300m share sale

Artificial Intelligence, Business, Digital Marketing, Europe, Investors and funding, SEO Tips, Startups and technology, Technology /

ElevenLabs is now worth $22bn, double its $11bn valuation in February. Employees and existing investors sold $300m of shares, the voice AI company said in a blog post on Wednesday. Wellington Management and T. Rowe Price led the deal. Six investors bought in for the first time. They are EQT, Goldman Sachs, Singapore’s GIC, Ontario […]

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