[STARTUPS]

Triomics, an AI platform automating data-heavy tasks for oncologists, secured $22M in Series B funding. The raise follows a $15M Series A in 2024.

Xcena secured $135 million in Series B funding at a $570 million valuation for its MX1 chip, which handles data orchestration and KV cache management directly within memory modules.

Pittsburgh-based Gray Swan, which stress-tests AI models for frontier labs, secured $40M in Series A funding at a $200M valuation. The round was co-led by Wing VC and Madrona.

H1, a healthcare SaaS startup, secured $40 million in funding from CVS Health. The investment signals continued investor confidence in specialized software platforms despite AI disruption concerns.

Asana has acquired StackAI, a no-code platform for building AI agents. The acquisition strengthens Asana's AI workflow capabilities.

SpaceX is preparing for an initial public offering with a projected valuation near $2 trillion, marking a departure from its origins as a rocket startup into a diversified bet on satellite networks, artificial intelligence, and Mars exploration.

UK startup Dwelly is raising approximately $200 million in equity and debt to scale its AI-powered property management platform. The funding will support the company's strategy of acquiring real estate managers and deploying artificial intelligence across their operations.

Princeton-based fusion startup Thea Energy has secured $100 million in funding, establishing itself among the most well-capitalized fusion companies. The company aims to deploy a commercial reactor by 2034.

Cognition, maker of AI developer Devin, has raised over $1 billion at a valuation exceeding $26 billion—more than doubling its worth in under nine months. The funding surge highlights aggressive investor appetite for AI coding agents despite ongoing questions about real-world utility.

Rivian will begin delivering its first R2 SUVs on June 9, marking a milestone for the electric vehicle manufacturer's mass-market offering. CEO RJ Scaringe has called the R2 "maybe the most important thing we've launched to date."

Payroll startup Remote has surpassed $300 million in annual recurring revenue and achieved cash-flow positivity by boosting revenue per employee 50% through AI adoption, without expanding headcount.

SOND, a sleep technology startup led by Bose's former head of sleep products, has emerged from stealth mode with $7 million in funding. The company is developing AI-powered earbuds designed to improve sleep quality.

ClickHouse, the open-source database provider, has tripled its annualized revenue to $250 million. The company is targeting a public market debut within the next few years.

Cognition AI has secured over $1 billion in funding at a $26 billion valuation, reflecting surging investor interest in AI-powered software development tools. The startup has more than doubled its valuation in eight months.

Trajectory, a startup founded by alumni from DeepMind, Apple, and OpenAI, secured $15 million in seed funding at a $115 million valuation. The company focuses on developing continual learning models that improve through user interactions.

Inference optimization startup Tensormesh closed a $20 million seed extension, bringing total funding to $24.5 million. The platform uses KV caching technology to reduce AI inference costs.

NYC-based Pace secured $46M in Series B funding led by Thrive and Sequoia, reaching a $375M valuation. The startup deploys AI agents to handle back-office operations traditionally outsourced by insurance companies.

Milan-based WeRoad secured $58 million in Series C funding led by Airbnb, bringing total capital to $100 million. The group travel platform plans its first major expansion outside Europe, starting with Austin.

Fireworks AI, a platform for running AI models, is negotiating a funding round that would value the startup at $15 billion, up from $4 billion in October 2025.

Fireworks AI, which enables companies to deploy artificial intelligence models, is in talks to raise capital at a $15 billion valuation. The funding round would mark a significant milestone for the infrastructure-focused startup.

AI inference provider Baseten is negotiating to raise $1 billion at an $11 billion post-money valuation, more than doubling its $5 billion valuation from its Series E round in January.

London-based Perceptic closed a $12 million seed round led by Accel to expand its end-to-end AI platform for pharmaceutical development. The startup was founded by three former Palantir executives who built Palantir's Life Sciences practice.

Revel Transit Inc. and Voltera, a private equity-backed charging operator, have agreed to merge their EV charging networks. The combined entity will focus on serving ride-hail and robotaxi fleets across U.S. urban markets.

Bond Capital is leading a new funding round for AI music startup Suno, valuing the company at approximately $5 billion. The round represents more than a doubling of Suno's valuation from $2.45 billion last fall.

Human Archive secured $8.2M in funding from Y Combinator and other investors to scale its robot training platform. The startup uses first-person video captured by camera-equipped caps worn by Indian home services workers.

Quantinuum, a quantum computing company backed by Honeywell, filed to raise $1.05 billion through its US initial public offering. The company plans to market approximately 21 million shares priced between $45 and $50 each.

Logistics technology startup Stord closed a $250 million funding round at a $3 billion valuation, positioning itself to scale fulfillment operations and help merchants compete with Amazon.

Pony AI Inc. increased its robotaxi fleet goal for 2026 by 500 vehicles to 3,500 units, citing stronger-than-expected first-quarter revenue. The move signals accelerating growth in the autonomous vehicle sector.

Robinhood's second venture fund IPO attracted more than 150,000 retail investors, giving everyday traders access to pre-IPO companies including OpenAI, Stripe, and Databricks.

Applications for TechCrunch's Startup Battlefield 200 close May 27. The competition offers winners VC access, global exposure, and $100,000 in prizes.

Lucra Sports founder Dylan Robbins secured $20 million in funding by repositioning his eSports platform around artificial intelligence capabilities, even as venture capitalists showed limited interest in gaming verticals.

Ethos, an expert network platform, raised $22.75M in funding from Andreessen Horowitz. The company uses voice-based onboarding to streamline expert recruitment.

Finnish AI lab QuTwo, founded by former AMD Silo AI CEO Peter Sarlin, raised €25 million at a €325 million valuation and secured $23 million in committed partnership revenue.

Indian rapid-commerce firm Zepto plans to file for a public offering in early June targeting up to $1 billion in capital.

Quartermaster, a startup building real-time maritime analytics tools, secured $43 million in Series A funding. The company's SmartMast sensor system collects ocean data for shipping companies, governments, and insurers.

Nuro has received approval to test fully autonomous vehicles on California roads as part of its partnership with Uber. The Silicon Valley startup plans to begin driverless testing later this year.

Jim Bridenstine, who led NASA under the Trump administration, is taking the helm of Quantum Space, a startup developing maneuverable spacecraft for defense applications.

Moment Energy has raised $40 million to scale its battery repurposing operations. The startup is tapping into demand for energy storage solutions powered by recycled EV batteries.

Nuro, a delivery robot startup founded by Google self-driving veterans, is pivoting to robotaxis and argues that being a late entrant provides strategic advantages over market leader Waymo.

Moment, an AI platform automating fixed-income and equities trading, secured $78 million in Series C funding led by Index Ventures with participation from a16z.

Jack Dorsey is backing a new version of the defunct short-form video app Vine, called Divine, with a strict requirement that all content be human-made. The relaunch arrives as platforms grapple with AI-generated spam.

Colin Angle, the entrepreneur behind Roomba's 50 million-unit success, has unveiled a new robot from his startup Familiar Machines & Magic. Unlike the vacuum bot that made his name, this dog-sized machine is designed as a household companion rather than a cleaning tool.

Investor Nicolas Sauvage has built a portfolio since 2019 focused on foundational AI technologies that venture capitalists are increasingly backing.

Deep Fission is pursuing a public offering aimed at raising $157 million. The move raises questions about investor confidence in the nuclear sector startup.

Huxe, an audio generation app built by former NotebookLM developers, is shutting down. The app has been removed from both the Apple App Store and Google Play Store, with full service termination expected later this month.

BioOrbit sent a compact crystallisation unit to the International Space Station aboard a SpaceX flight to develop ultra-pure protein crystals for self-injected cancer treatments.

BioticsAI CEO Robhy Bustami discussed the company's approach to building in healthcare's heavily regulated landscape, balancing FDA compliance with team motivation and fundraising efforts.

Peec, a Berlin-based startup tracking brand presence in AI search results, has more than doubled its annualized revenue to $10M in recent months, according to sources familiar with the company.

Beauty and wellness booking marketplace Fresha secured $80 million in growth equity funding from KKR's Next Generation Technology Growth fund. The London-based company has now raised $285 million total and achieved unicorn status.

Dallas-based biotech startup Colossal has raised hundreds of millions from venture capitalists, the CIA, and Peter Thiel to resurrect extinct animals. The company's approach uses genetic engineering rather than cloning ancient DNA.

Uber is expanding beyond ride-sharing and food delivery by integrating hotel reservations directly into its mobile app. The feature lets users book accommodations alongside their existing travel services.

Some AI startups are stretching traditional revenue metrics like ARR (Annual Recurring Revenue) when announcing progress, with investors fully aware of the practice. The tactic reflects growing pressure to justify sky-high valuations in a competitive funding environment.

Pursuit, a startup focused on helping companies navigate government sales, announced a $22 million seed round led by OpenGov co-founder Mike Rosengarten. The round includes backing from prominent investors Bill Gurley and Jack Altman.

SpaceX filed its S-1 registration statement, targeting what would be the largest IPO in U.S. history with valuations tied to Mars colonization and an astronomical $28 trillion total addressable market.

August Robotics, which develops autonomous robots for construction and industrial work, secured $30 million in Series funding led by Big Pi Ventures.

Estonian autonomous vehicle startup Bliq.ai has received regulatory approval to operate fully driverless cars on public roads in Estonia, marking the first authorization of its kind in the European Union.

OpenAI reported $5.7 billion in Q1 2026 revenue but posted an adjusted operating loss of 122 percent, burning through $1.22 for every dollar it earned.

Chinese AI startups secured $16.2 billion in funding during the first quarter of 2026, nearly tripling year-over-year gains. The surge reflects accelerating investor appetite for homegrown AI labs across the region.

Smart ring maker Oura has filed for an initial public offering, signaling its plans to go public. The move comes as the Finnish company seeks to expand its wearable health tracking business.

DeepSeek's leadership is pitching investors on an AGI-focused strategy for its 70 billion yuan ($10 billion) funding round, prioritizing long-term AI research over near-term commercial gains.

AI-voice startup ElevenLabs is positioning itself to compete with established players Spotify and Audible for dominance in the audiobook market.

Massachusetts-based brain implant startup Axoft secured $55 million in Series A funding and conducted its first patient trial in Shanghai, signaling rare US-China cooperation in neurotechnology development.

Modal Labs, a serverless cloud platform for building and running AI applications, secured $355 million in Series C funding at a $4.65 billion valuation. The round represents a significant jump from the company's $1.1 billion valuation in 2025.

Brett Adcock's AI startup Hark has secured $700 million in Series A funding, reaching a $6 billion valuation. The company is developing what it describes as a "universal" AI interface.

General Catalyst led a $63 million funding round for Scapia, an Indian startup merging travel bookings with co-branded credit cards and mobile payments. The investment doubles the company's valuation.

Healthcare AI platform Commure has raised $70 million in Series C funding led by General Catalyst, valuing the company at $7 billion. The round supports Commure's suite of AI, revenue cycle management, and workflow automation tools for healthcare providers.

Amca, a platform for rapidly developing and manufacturing aerospace and defense components, announced a $300 million Series B funding round that values the company at over $1 billion.

Mercury, a fintech platform providing banking services to startups, raised $200 million in Series D funding led by TCV. The round values the company at $5.2 billion, up 49% from its $3.5 billion valuation in March 2025.

NanoCo, maker of the security-focused NanoClaw platform, raised a $12 million seed round led by Valley Capital. The company's co-founders declined a $20 million acquisition offer to pursue independent growth.

Socket, a cybersecurity startup protecting open-source code from threats, raised $60 million in a funding round led by Thrive Capital, achieving unicorn status at a $1 billion valuation.

Zyphra, an AI startup focused on open-weight models running on AMD hardware, is raising $500 million in Series B funding at a valuation of at least $5 billion. AMD is participating in the round.

Ocean, an Israeli cybersecurity startup using AI agents to detect email attacks, secured $20M in Series A funding led by Lightspeed Venture Partners. The round follows an $8M seed investment in 2024.

Interactive social platform Status AI secured $17 million in combined seed and Series A funding Tuesday, backed by General Catalyst, Y Combinator, LightShed Ventures, and Abstract.

Radar, a startup helping retailers manage inventory and reduce theft, closed a $170M Series B funding round at a $1 billion-plus valuation. The company is backed by American Eagle CEO Jay Schottenstein.

Stilta announced a $10 million seed round led by Andreessen Horowitz to help companies discover and manage patents they've overlooked. The round also includes backing from Y Combinator and operators from OpenAI, Legora, and Lovable.

Vast, the space infrastructure company, is diversifying its product lineup by adding high-power satellites to its operations alongside its planned commercial space stations.

Modular data center maker Armada secured $230 million in Series B funding co-led by Overmatch, 8090 Industries, and BlackRock. The company plans to build a new factory in Arizona.

Milan-based legal AI startup Lexroom closed a €42.9 million Series B round led by Left Lane. The funding brings total capital raised to €62.7 million following a €16 million Series A in September 2025.

Moonshot AI has notified investors it will overhaul its corporate structure to meet Beijing's requirements for a Hong Kong initial public offering.

Kin Health has secured $9 million in funding to develop an AI application that records doctor appointments and generates automated summaries. The tool lets patients share visit notes with family and friends.

After EV maker Fisker collapsed in June 2024, approximately 4,000 Ocean SUV owners formed a nonprofit organization to maintain their vehicles by reverse-engineering software and developing open-source tools.

IREN CEO Daniel Roberts confirmed the AI cloud provider maintains solid relationships with both Dell and Nvidia, following a $2.1 billion strategic partnership announcement focused on accelerating AI infrastructure development.

Recursive, a startup developing self-improving AI systems, launched publicly with a $4.65 billion valuation. The company has secured backing from Google Ventures, Greycroft, Nvidia, and AMD Ventures.

Fermi Inc. terminated its chief executive officer, citing actions that jeopardized the company's plans to develop what it claims will be the world's largest private power complex for data centers.

AI sales automation startup Monaco closed a $50M Series B led by Benchmark, bringing total funding to $85M. The company emerged from stealth earlier this year with software designed to automate sales processes.

GovWell, an AI platform streamlining government permitting and licensing, secured $25 million in Series A funding led by Insight Partners. The New York City startup aims to reduce bureaucratic friction in municipal processes.

Ciridae, an AI startup focused on streamlining back-office operations for real-economy businesses, closed a $20M seed round led by Accel with participation from a16z.

Vinted, the online secondhand marketplace, reached an €8 billion ($9.4 billion) valuation through a secondary share transaction announced Monday.

Publicis Groupe has agreed to acquire LiveRamp for $2.2 billion in cash and debt. The deal strengthens the French advertising holding company's capabilities in data and AI infrastructure.

Acko Technology & Services, a General Atlantic-backed digital insurer, has hired investment banks for a potential initial public offering targeting up to $350 million.

Eclipse, the venture firm backing hardware-focused AI infrastructure, secured a $2.5 billion investment from Cerebras, marking a major validation of its long-standing bet on physical-world computing solutions.

Following Fisker's collapse, former owners of the Fisker Ocean launched an open source car company to continue developing the vehicle. The community-driven effort aims to make EV design and manufacturing transparent and accessible.

AI-powered marketing platform Nectar Social secured $30 million in Series A funding led by Menlo Ventures and its Anthology Fund. The round marks a significant capital injection for the marketing operating system.

Revolut CEO Nik Storonsky revealed the fintech company spent nothing on marketing during its first five to seven years, growing entirely through word of mouth. The strategy proved effective in establishing the platform's early user base.