RIVIAN SPINOFF ALSO BEGINS E-BIKE DELIVERIES
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Also, the e-bike startup spun off from Rivian, is finally shipping its TM-B model after extended delays. The company plans to expand into four-wheel cargo vehicles for Amazon.
■ MORE FROM THE STARTUPS DESK
Former Spotify employees raised $10 million to apply the streaming platform's recommendation algorithm to e-commerce. The new startup aims to predict shopper preferences and personalize product discovery in real time.
Hadrian, a defense manufacturing startup serving the Pentagon and Lockheed Martin, secured a $7.87 billion valuation in a new funding round. The capital will support workforce expansion as demand for domestic defense manufacturing grows.
DeepSeek has restarted its second funding round targeting close to $8 billion, with Monolith Management among investors in talks to participate.
Omilia has closed a Series B funding round of $67 million to expand its customer support platform. The company has grown its annual recurring revenue tenfold to $60 million since its previous fundraise in 2020.