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Run-rate revenue went from $492 million in May to $900 million in September. So did the burn: the company is leasing Nvidia capacity at a cost that could take 2026 cash consumption to $800 million.
The Series D is the largest round ever raised by a European AI company, and its lead investor is South Korean. Macron called it a step towards 'a third way in AI'; the money is going into 1GW of European compute by 2030.
The approach uses nasally delivered nanoparticles and a magnetic coil cap. It is preclinical and has been tested in mice.
The robotics company left stealth in June. A billion-dollar mark before a first product is what happens when compute contracts arrive before revenue does.
Andreessen Horowitz led, with Arm and Microsoft's M12 joining. The company routes AI workloads across different chips — which is worth more the less anyone wants to depend on Nvidia.
The compute provider holds a reported $45 billion contract with Anthropic and a $3.5 billion GPU agreement with Figure. Its largest investor is also its supplier.
The Amsterdam company sells an operating layer that routes corporate AI workloads. It is European, and its pitch lands in the same week Mistral raised €3 billion on a sovereignty argument.
The roughly 3 billion yuan Series B and B+ follows a $150 million Series A3 in July. The demand is not coming from games — it is coming from robot simulation.
The company filed confidentially on 1 June. The public S-1 has moved to late September and the roadshow to mid-October, on a valuation case that rests on 2028 revenue of $190bn to $200bn.
It would quadruple the price Mira Murati's lab carried in July 2025 — and come in well below the $50bn-plus it sought late last year. Revenue run rate is above $100 million.
The deployment is targeted for the second half of 2027. It is a two-year forward bet that humanoid robots will have enough training data to keep that hardware busy.
Atreides Management, Valor Equity Partners and Mubadala Capital led the round for the Denver energy-and-compute company. Its pitch is that power, not chips, is the binding constraint.
Delta-v Capital led, with Ten Eleven Ventures, Morgan Stanley, Microsoft's M12 and Booz Allen Hamilton joining. More than 90% of the growth came from customers it did not have a year ago.
DST Global led. The platform conducts research conversations in 15 languages — replacing the part of market research that was expensive because a human had to be present.
The SoftBank-owned developer granted its tenant warrants tied to a 20-year lease on a planned 10-gigawatt Ohio campus — before public investors got to price the company.