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Wednesday, 28 October 2026Updated 28 Oct 2026, 01:31 UTC

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Gravis Robotics reaches $1 billion valuation with $200 million SoftBank investment

Sifted reports that Gravis Robotics has secured a $200 million investment from SoftBank, giving the robotics company a reported $1 billion valuation. The deal points to a discrete late-stage financing event tied to investor interest in robotics and AI-enabled automation.

Funding· 1 source link

Databricks raises $5 billion at a $190 billion valuation

Databricks has raised $5 billion in a new financing round at a reported $190 billion valuation, according to TechCrunch. CEO Ali Ghodsi said the company had initially planned to raise $1 billion, but investor demand reached roughly $15 billion, leading Databricks to settle on a larger round. The report underscores continued investor appetite for large-scale AI and data infrastructure companies.

Sources: TechCrunch
Funding· 2 source links

Cognition is reportedly in talks to raise new funding at a $40 billion valuation

TechCrunch reports that AI coding startup Cognition is already in discussions to raise another financing round at a reported $40 billion valuation. The talks would follow the company's reported $1 billion raise just a few months earlier, implying a sharp step-up in valuation if completed.

Funding· 1 source link

Thrive Holdings raises $2 billion at a $12 billion valuation

TechCrunch reports that Thrive Holdings has raised $2 billion in new funding at a reported $12 billion valuation. The investor group reportedly includes SoftBank, D1 Capital Partners, and Altimeter Capital, and the company is described as focused on bringing AI into enterprise settings.

Sources: TechCrunch
Funding· 1 source link

Index Ventures is reportedly in talks to lead a $500 million round for a new AI lab founded by ex-DeepMind researcher Jack Parker-Holder

Sifted reports that Index Ventures is in discussions to lead a $500 million financing round for a new AI lab founded by former DeepMind researcher Jack Parker-Holder. The article describes the funding as under discussion rather than announced or closed, pointing to unusually large early investor interest in a new frontier-model startup.

Sources: Sifted
Funding· 1 source link

ClearJet raises $25 million Series B for AI-enabled air cargo logistics

ClearJet, an Austin-based startup that uses AI to match shippers with unused cargo capacity on commercial flights, has raised a $25 million Series B round, according to Crunchbase News. The round was led by Edison Partners and is aimed at expanding the company's logistics technology platform for air freight.

Sources: Crunchbase
Funding· 1 source link

Skan AI raises $63 million Series C and launches workflow modeling and agent products

Skan AI announced a $63 million Series C round co-led by Cathay Innovation and Dell Technologies Capital, with participation from Citi Ventures, Bloomberg Beta, State Farm Ventures, and Wipro Ventures. The company also said it is generally releasing Skan AI Blueprint and Skan AI Agents alongside its existing Skan AI Intelligence platform, which it positions as software for observing, modeling, and automating enterprise workflows.

Sources: VentureBeat
Funding· 2 source links

Lovable raises €400 million in Series C backed by the European Scaleup Fund

Sifted reports that AI app-building startup Lovable has raised a €400 million Series C round with backing from the European Scaleup Fund. The financing adds concrete details to earlier reporting that Lovable had completed a new round at a $13 billion valuation.

Sources: WSJSifted
Funding· 1 source link

River AI raises $1.1 billion led by General Catalyst two months after launch

River AI, a two-month-old startup founded by xAI co-founder Igor Babuschkin, has raised a $1.1 billion funding round led by General Catalyst, according to TechCrunch. The company is described as pursuing personal AI agents, making the financing an unusually large early-stage bet on an agent-focused startup and a prominent former xAI executive.

Sources: TechCrunch
Funding· 1 source link

Nvidia and major Wall Street firms form AI financing partnership targeting up to $500 billion

Nvidia and a group of large financial firms including Apollo, Blackstone, and BlackRock have struck an AI financing deal aimed at supporting as much as $500 billion in investment. Based on the report, the partnership is structured to mobilize large-scale capital for AI-related infrastructure and deployment rather than fund a single startup financing round.

Sources: WSJ
Funding· 1 source link

Discovered Materials raises $9 million to use AI in the search for more efficient chip materials

Discovered Materials has raised $9 million, according to TechCrunch, to use AI to identify novel materials that could improve chip efficiency and cooling. The startup is focused on materials discovery for semiconductors, an area that could matter as AI workloads intensify demand for faster and more energy-efficient hardware.

Sources: TechCrunch
Funding· 1 source link

Lumilens raises $700 million for optical interconnect technology for AI data centers

The Wall Street Journal reports that Lumilens has raised $700 million in new funding at a $5.5 billion valuation. The company makes optical hardware designed to move data between AI servers faster by replacing or reducing conventional wired interconnects inside data centers.

Sources: WSJ
Funding· 1 source link

Earendil faces regulatory scrutiny during Hong Kong IPO process

The Wall Street Journal reports that Earendil, a Chinese AI biotechnology company, has encountered a regulatory hurdle as it pursues a Hong Kong initial public offering. According to the report, Chinese regulators raised concerns about the company's red-chip holding structure after it recently submitted its IPO application.

Sources: WSJ
Funding· 1 source link

HappyRobot raises funding led by Andreessen Horowitz at a reported $1.2 billion valuation

Sifted reports that HappyRobot has secured new backing from Andreessen Horowitz at a reported $1.2 billion valuation. The article points to a discrete financing event for the AI company, although the provided excerpt does not specify the round size, stage, or full investor syndicate.

Sources: Sifted
Funding· 1 source link

Safe Superintelligence reportedly lands $5 billion financing backed by Nvidia

Crunchbase reported that Safe Superintelligence secured a $5 billion financing, making it the largest funding round covered in its weekly roundup. The article says Nvidia backed the deal, while noting that Commonwealth Fusion Systems also raised $1 billion in a separate transaction.

Sources: Crunchbase
Funding· 1 source link

Fish Audio raises $52 million seed round to expand AI voice models

Fish Audio has raised a $52 million seed round to build AI voice models for creators and enterprises, according to TechCrunch. The startup says it has surpassed 8 million users across its open-source and hosted offerings since launching last year and is generating $21 million in annual recurring revenue.

Sources: TechCrunch
Funding· 1 source link

ServiceNow invests $40 million in BusinessNext to expand AI banking software

ServiceNow has made a $40 million strategic investment in Indian banking software company BusinessNext, according to TechCrunch. The deal is framed as a way to deepen ServiceNow's push into financial services and help BusinessNext expand its AI-powered banking software internationally.

Sources: TechCrunch
Funding· 1 source link

Glow emerges from stealth focused on endpoint security risks from enterprise AI agents

Glow has emerged from stealth and is positioning itself around endpoint security risks created by growing enterprise use of AI agents and developer tools, according to TechCrunch. The report says the company is valued at $1.2 billion, signaling strong investor confidence in security products tailored to AI-era enterprise workflows.

Sources: TechCrunch
Funding· 1 source link

Natural raises $30 million to build payments infrastructure for AI agents

Natural, a one-year-old startup, has raised $30 million to develop payments infrastructure designed for autonomous AI transactions, according to TechCrunch. The company is positioning itself as a financial layer for AI agents and as a potential challenger to existing payments platforms such as Stripe for agent-driven commerce.

Sources: TechCrunch
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