World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names
World models are the next big thing in AI beyond LLMs and, with this round, Odyssey has cemented itself as one of the startups to watch.
Fundraising
Two Stanford grads raise $11M to build a noninvasive wearable for hormone tracking
Clair Health will track inflammation and bloating markers, energy levels, and cycle phase classification to give insights into cycle irregularities and perimenopause, as well as hormonal fluctuations, and how to navigate those changes.
SpaceX alum nabs $22M to turn rocket engines into geothermal power plants
Critical Energy is turning rocket engines into geothermal power plants, and it wants to build 300 GW per year by 2045.
Payments startup Flutterwave hits $3.2B valuation, backed by Ripple
African payments infrastructure company Flutterwave has hit a new valuation and landed blockchain company Ripple as investor and partner.
This startup’s super metals could soon be in military drones, luxury watches, and chef’s knives
Instead of heating metals, Foundation Alloy beats them into submission. The startup has raised $22 million to scale up production of its alloys.
Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech
Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.
As AI companies race to go public, who else is along for the ride?
Startups are trying to “ride that SpaceX IPO wave.”
Mistral is rumored to be raising €3B at €20B valuation
The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
SpaceX, Anthropic, and OpenAI’s hot IPO summer
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]
Equal AI raises $30M to screen calls so Indians don’t have to
Equal AI said that its AI-powered call assistant now has over a million monthly active users.