News
Anduril raises $5 B at $61 B valuation as defense tech becomes core AI-industrial play
1+ hour, 53+ min ago (318+ words) American defense technology company Anduril has raised $5 billion in a Series H funding round at a post-money valuation of $61 billion, underscoring accelerating investor appetite for AI-enabled defense infrastructure and autonomous warfare systems. The round was led by Thrive Capital and…...
Canton Network builder nears $300 M raise led by a16z crypto
2+ day, 15+ hour ago (330+ words) Digital Asset Holdings is reportedly raising about $300 million at a valuation near $2 billion, according to Bloomberg." The round is said to be led by Andreessen Horowitz's crypto arm, a16z crypto, and could close in the coming weeks. The company is known…...
Soft Bank cuts Open AI-backed loan target to $6 B as lenders balk at valuation
5+ day, 4+ hour ago (298+ words) Soft Bank has cut a planned Open AI'backed margin loan from around $10 billion to roughly $6 billion after banks and private credit funds pushed back on the deal's structure and the difficulty of valuing Open AI, an unlisted AI unicorn. Soft…...
Aptos Foundation and Labs back AI future with $50 M fund
5+ day, 12+ hour ago (378+ words) Aptos Foundation and Aptos Labs have committed more than $50 million to grow the Aptos ecosystem." The funding will cover first-party products, research, protocol infrastructure, and a strategic fund for trading and AI partners. The plan centers on markets and autonomous…...
Ce Fi drives $860 million in April crypto fundraising as prediction and AI bets spread
1+ week, 3+ hour ago (279+ words) Root Data data shows Ce Fi raised about $606 million across 8 deals, infrastructure $105 million across 14, and De Fi $90 million. According to April data from Web3 analytics platform'Root Data, the disclosed total raised in the crypto primary market reached roughly $860 million, spread across…...
a16z launches $2. 2 B crypto fund to back stablecoins, tokenized assets
1+ week, 11+ hour ago (563+ words) Andreessen Horowitz has raised $2. 2 billion for a new crypto-focused investment fund as it targets infrastructure-led applications across digital assets. According to a blog post published by its crypto arm, a16z Crypto, the firm's fifth fund will support founders building products tied…...
Global Millennial Capital raises $100 M IPO fund for AI and De Fi mid-caps
1+ week, 1+ day ago (464+ words) Dubai-based Global Millennial Capital closes a $100 M IPO Opportunities Fund to back overlooked AI and De Fi mid-cap tech names one to three years before exit. According to the'PR Newswire'announcement, Global Millennial Capital has completed a final close of $100 million…...
GSR gains SC Ventures backing for institutional crypto market push
1+ week, 1+ day ago (424+ words) GSR has secured a strategic investment from SC Ventures, the fintech investment arm of Standard Chartered, according to a Tuesday announcement." The deal makes SC Ventures the first external strategic shareholder in GSR since the crypto capital markets firm was…...
Applied Digital lines up $300 M bridge loan to accelerate AI data center build
1+ week, 2+ day ago (473+ words) Applied Digital closed a Goldman-led $300 M senior secured bridge loan to accelerate its next 150 MW AI data center, layering it on top of $2. 15 B in notes and a $7. 5 B hyperscaler lease. Bitcoin mining hosting and cloud services provider Applied Digital…...
Peter Thiel's Founders Fund raises record $6 B fund
1+ week, 3+ day ago (411+ words) Peter Thiel's Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm's history." The vehicle will focus mainly on late-stage companies as private startups continue to seek large funding rounds outside public markets....