Funding

Lovable, an AI coding startup, is in talks to raise funding at a $12 billion valuation, up from $6.6 billion in December 2025, according to Techmeme.

Innefu Labs, an AI-powered software company for national defense and enterprise security, raised $30 million in a Series B funding round led by Panthera Growth Partners. The funding will accelerate the company's expansion into international markets and position it for an initial public offering (IPO).

Ramp, a corporate spending management platform, raised $750 million in a new funding round led by Iconiq, Singapore's GIC, and the OTPP, taking its total funding to $3 billion. The valuation of the company stands at $44 billion.

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering. The company sold 28 million shares for $60 each, above its marketed range of $53 to $55.

Town, a startup developing AI assistants that connect to users' email and calendar, raised $55 million in a Series A funding round led by a16z. The funding will be used to further develop the AI assistants.

Google's parent company Alphabet sold $35 billion in stock this week, exceeding its initial target of $30 billion and bringing its total funding to $85 billion. The company reportedly contacted 75 investors for the equity raise.

AlphaSense, an AI market research platform, raised $350 million from investors including Vitruvian, Accenture, and JPMorgan's asset-management unit, valuing the company at $7.5 billion, up from $4 billion in 2024.

Apoha, a company developing a 'Liquid State Intelligence' data layer, has emerged from stealth with $36 million in funding. The technology aims to measure how molecules, materials, and formulations behave in the real world.

London-based Gigaton, a startup developing AI for industrial control systems, raised a $26M Series A led by Plural. The funding will be used to grow the team and expand into new industries.

Quobly, a French startup developing silicon-based quantum computers, has raised €115M in Series A funding led by Bpifrance, SEALSQ, and STMicro.

Chinese AI startup DeepSeek is set to raise about $7.4 billion in its first funding round from investors including Tencent Holdings and CATL. The valuation is estimated to be between $52 billion and $59 billion.

Groq, the AI chip company acquired by Nvidia in December 2022, is reportedly raising $650M, leaving many to wonder how a company that successfully exited is raising more capital.

Endra, a startup based in Stockholm, has raised $50 million in funding to automate the design of plumbing and electrical wiring in new buildings. This comes amid a surge in buildouts with complex power and water needs.

Sekai, a platform for creating mini apps through text prompts, raised a $20 million Series A co-led by Khosla Ventures and Connect Ventures. Founder Lucky Zhang plans to use the funding to grow the platform.

Spiro, an African e-mobility startup with over 100,000 electric bikes, has raised $215 million in funding at a near-$1 billion valuation. The startup has previously raised $100 million in 2025 and $50 million in debt in 2026.

Beijing-based Vast, a 3D-modeling startup, raised ~$200M at a $1B+ valuation and claims to have 20M global users. Vast uses AI models to generate 3D assets from text and image prompts.

Solstice, a pharma marketing company, raised $21 million in Series A funding led by Transformation Capital, with other backers including Twelve Below and Virtue Ventures.

NYC-based Garner Health, a digital care navigation company, secured $100 million in series E funding, bringing its total valuation to $2.74 billion. The funding round was led by Index Ventures.

OpenRouter, a platform for building and deploying AI models, has raised $113M in Series B funding led by CapitalG, with participation from NVIDIA and other investors. The funding will be used to support the company's growth, which has seen a significant increase in weekly volume over the past six months.

The US government proposes new funding rules allowing political appointees to cancel grants at any time, bypassing peer reviewer ratings.

Triomics, a startup building an AI-powered platform, raised $22M in Series B funding to help oncologists automate data-heavy tasks. The platform aims to simplify clinical trial matching and appointment prep.

Apollo Global Management and Blackstone Inc. are working to bring in additional investors for a ~$36 billion debt financing deal to purchase Google TPUs for Anthropic to lease.

Airwallex, a payments firm, has raised new funding at a $12 billion valuation led by Lee Fixel's Addition, up from $8 billion late last year. The company has also hit $1.5 billion in annual recurring revenue (ARR), up from $1 billion in October.

Fonoa, a startup that helps enterprises manage indirect tax compliance, raised $110 million in Series C funding and acquired PwC's Indirect Tax Edge platform. The acquisition aims to address the growing need for real-time tax compliance software.

Anthropic has raised $65 billion in new funding, valuing the company at $900 billion, surpassing OpenAI's last valuation of $730 billion. The company's revenue run rate has also crossed $47 billion.

Corgi, an insurance tech company, raised a $106M Series B1 at a $2.6B valuation, doubling its valuation from three weeks ago. The company offers insurance to startups in areas like tech, cyber, and general liability.

Groq, an AI chipmaker, is raising up to $650 million from existing investors after signing a $20 billion licensing deal with Nvidia, which saw much of its senior team depart.

Cognition, an independent AI lab, has raised $1 billion in a $26 billion Series D funding round, valuing the company at 2.5 times its previous valuation. The company's annual recurring revenue (ARR) is projected to exceed $1 billion by the end of the year.

The Pentagon is in talks with US drone companies, including Neros and Unusual Machines, to secure funding deals that could include equity stakes. The goal is to increase domestic production and lower unit costs.

Cognition, the makers of the autonomous AI software engineer Devin, has raised $1 billion at a $25 billion pre-money valuation, led by Lux Capital and General Catalyst.

Cognition AI has raised over $1 billion in a new funding round at a valuation of $26 billion, according to Bloomberg. The company's revenue run rate has increased to $492 million from $37 million in May 2025.

WeRoad, a Milan-based social travel startup, raised $58M in a Series C round led by Airbnb to expand into the US, starting in Austin. The funding brings its total capital raised to around $100M.

OpenRouter, an AI gateway maker, has raised $113 million in Series B funding led by CapitalG, increasing its valuation to $1.3 billion post-money, up from $547 million a year ago.