Defense technology company Anduril is said to be raising a new round of capital that may increase its valuation to between $40 billion and about $100 billion, Reuters reported, citing unnamed sources. The company, which raised $5 billion in May at a valuation of $61 billion (roughly double the $30.5 billion valuation it garnered in
Glow, a cybersecurity startup founded by former Meta and Snowflake executives, emerged from stealth as a unicorn, betting that artificial intelligence is changing the way companies protect employee devices. The Palo Alto-based startup said Wednesday it raised $180 million in an all-equity Series A funding round that valued it at $1.2 billion, with backing from
When de-extinction startup Colossal Biosciences revealed last year that it was attempting to “resurrect” the dire wolf from genetic material found in fossils, we argued that, despite the controversy surrounding the project, the company was building valuable technologies that justify its $10.2 billion valuation. Now, about 16 months later, the startup is in talks to
Databricks announced a new funding round Thursday that values the company at $188 billion. The round was led by Coatue. Databricks did not reveal exactly how much it raised; He said the money is not yet in his hands and the round will close later this summer. (Other outlets have since reported the increase to
Valar Atomics, a startup that builds small modular nuclear reactors (SMRs) — essentially factory-built miniaturized power plants designed to be cheaper and faster to deploy than traditional reactors — is in talks to raise a new round of capital, according to three sources familiar with the company. The company, founded three years ago, is seeking
Andrew Dai left Google DeepMind knowing that visual AI was the frontier he wanted to push into. It achieved breakneck fundraising that resulted in a more aggressive valuation-to-equity ratio than Thinking Machines, which raised one of the largest rounds in US history. In this episode of Build Mode, host and Startup Battlefield lead Isabelle Johannessen