Every fusion startup that has raised over $100M
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Fundraising
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
AI coding startup Cognition reportedly already in talks to raise at $40B valuation
Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.
OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital.
Form Energy raises $750M to build more 100-hour batteries for the grid
Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.
Lovable confirms new $13.3B valuation, raises another $400M
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.
OpenAI reportedly completed a $7 billion employee tender offer
San Francisco’s housing market is in trouble again.
Discovered Materials is playing AI whack-a-mole to hunt cooler chips
Discovered Materials raised $9 million to fund the hunt for more novel materials to build more efficient chips.
Embattled hedge fund Situational Awareness invests $400M in chip startup Source Foundry
The AI-focused hedge fund is still making some big bets.
Defense tech Hadrian raises $1.37B at $8B valuation
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It’s backed by a long list of well-known investors.