Tag

#funding round

7 stories taggedfunding round.

Illustration: A warehouse floor at dusk showing multiple autonomous mobile robots working simultaneously among tall shelving
Robotics

Maven Robotics raises $100 million to put warehouse robots to work 16 hours a day

The Santa Clara startup beat established robot makers to its first big contract with nothing but a pitch and a factory tour. Now it has $100 million and a plan to build 250 machines.

4 min read
Illustration: A modern industrial robot arm frozen mid-motion on a factory floor
Robotics

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.

3 min read
A sleek modern corporate office interior at dusk, glass walls reflecting city lights, an empty executive chair at a large curved desk with a glowing monitor sho
AI Business

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.

3 min read
Illustration: A vast open-plan corporate office at dusk
AI Business

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 paperwork that slows down building roads, data centres, and power plants.

4 min read
Illustration: orderly booth grids, and clusters of professionals in hard hats and lanyards examining equipment
Robotics

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.

3 min read
Illustration: a gleaming Apple iPhone resting on a polished surface beside a subtle arrangement of red lanterns softly out
AI Business

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.

4 min read
Illustration: A sleek modern server room bathed in cool blue and white light
AI Business

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.

3 min read
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