Firefly Raises $20 Million to Bring AI Into Workplace Safety
The Series A, led by Definition Capital, funds a platform that links cameras, radios and sensors with wearable panic buttons and AI beacons.
Tenstorrent Raises $1.5 Billion at a $6.2 Billion Valuation to Scale Chips for Open-Weight Models
Jim Keller’s inference-focused chip company more than doubled its late-2024 valuation, months after reported acquisition interest from Intel and Qualcomm.
Year-Old AI Lab Flapping Airplanes Raises $1 Billion at a Reported $6 Billion Valuation
The Series A, co-led by Index and Lux, quadruples the valuation of the lab’s seed round nine months earlier. It works on training large models with far less data.
Arda Industries Launches With $232 Million From Accel, Altimeter, Founders Fund and Khosla
Led by former OpenAI research chief Bob McGrew, the startup builds AI software that plans factory production lines from a product blueprint.
Modal Raises $750 Million at a $15.75 Billion Valuation as Annualized Revenue Tops $1 Billion
The AI infrastructure provider’s Series D, led by Accel, values it at more than triple its post-money after the previous round in May.
Healthleap Raises $38 Million for AI That Flags Hospital Patients Who May Need a Closer Look
The South African-founded startup says its platform now runs in more than 50 hospitals, flagging risks such as malnutrition and delirium for clinician review.
CodeWall Launches With $4 Million for Autonomous AI Agents That Attack Enterprises to Test Them
The London offensive-security startup says its agents work like an outside hacker and keep retesting, as a replacement for once-or-twice-a-year penetration tests.
doubleAI, Led by Mobileye Co-Founder Amnon Shashua, Raises $220 Million From Nvidia, Dell and Others
The Tel Aviv startup says its Maxwell model optimizes compiled binaries to make software run faster on GPUs and CPUs. The performance claims are the company’s.
Mach9 Raises $34 Million After Pivoting From Robotics to AI-Powered CAD Software
The startup dropped Robotics from its name after concluding that hardware was not the bottleneck in surveying, and now turns survey data into first-draft engineering plans.
ASI Raises $325 Million at a $3 Billion Valuation for AI That Manages Air Traffic and Energy Grids
The company formerly known as Air Space Intelligence closed a Series C led by Spark Capital, backed by contracts with the FAA and the US Army.