#funding round
6 stories taggedfunding round.

A robotics startup wants to fix America's housing shortage with automated mini-factories
Reframe Systems has raised $40 million to build homes using robots and software instead of dozens of subcontractors. Its first proper factory opens in Massachusetts this October.

An AI chip startup just tripled its valuation in six months. Here's who's paying and why.
Etched has raised $700 million at a $21 billion valuation, led by a Wall Street trading giant that actually tested the hardware first. The numbers are striking. The speed of the rise is even more so.

OpenAI-backed Thrive Holdings raises $2 billion to wire AI into everyday businesses
Thrive Holdings buys traditional firms, sends in AI experts, and now wants to tackle the mountain of paperwork that slows down building roads, data centres, and power plants.

Hadrian Raises $1.37 Billion to Build AI-Powered Defense Factories Across the US
The automated manufacturing startup, valued at $7.87 billion after the round, now controls nearly three million square feet of factory space and plans to expand into munitions and autonomous weapons production.

Three Harvard Dropouts Just Raised $300 Million to Build the AI Chip That Rivals Keep Calling Impossible
Etched hit a $10.3 billion valuation in seven months by betting that specialised AI chips could beat general-purpose ones on speed and cost. Here is what that means for anyone who pays to run AI.

Nous Research Is Raising $75 Million at a $1.5 Billion Valuation. Here Is What Its Hermes Agent Actually Does.
The startup behind the open-source Hermes AI agent is closing a new funding round just three months after its last one. If you have never heard of Hermes, you are about to.