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#funding
Stories connected through a shared idea, actor, technology or theme.
SWI raises €800 million to expand transatlantic AI infrastructureThe financing will support power infrastructure, compute deployments and a development pipeline across Europe and the United States. SWI said the transaction raises its total equity since March 2026 above €1 billion.→SOAR AI secures a potential $1 billion equity facilityThe facility can provide up to $1 billion, although the company is not required to draw it. Planned uses include data-centre infrastructure, high-density GPU compute and networking.→ElevenLabs closes a $300 million tender at a $22 billion valuationThe tender was led by Wellington and T. Rowe Price, with several new institutional investors joining the cap table. ElevenLabs said enterprise customers now generate 55% of revenue and that ElevenAgents handles more than 15 million conversations weekly.→EUCLYD raises more than €200 million for efficient AI infrastructureEUCLYD announced a Series A financing round exceeding €200 million, co-led by Samsung, Somerset Capital Partners and Scaleup Europe Fund. The company is developing specialised silicon, memory architecture and data-centre systems intended to reduce the power and cost of AI inference.→Harvey raises $550 million and expands its legal-AI stackHarvey said the round was co-led by Lightspeed and Diffusion and would support proprietary model development and enterprise expansion. The company also introduced a post-trained open-weight model and Harvey LAB benchmark, while reporting coverage said it acquired agent-security startup Guardrails AI.→Mistral AI raises €3 billion to scale frontier models and infrastructureSamsung Electronics led the round, with ScaleUp Europe Fund and PSG co-leading. Mistral said the capital will fund frontier research, compute, infrastructure, products and commercial expansion.→Jaipur Robotics raises €4.3 million for industrial computer visionThe round was led by EquityPitcher Ventures and High-Tech Gründerfonds. Jaipur Robotics is developing an AI operating system intended to interpret industrial environments and support automation in waste-to-energy facilities.→HiddenLayer raises $100M and adds runtime security for AI coding agentsHiddenLayer said Delta-v Capital led its $100M Series B, with participation from Ten Eleven, Morgan Stanley, Microsoft's M12 and Booz Allen Ventures. The financing will expand agentic runtime security and Agent Harness Security, which monitors and protects autonomous coding agents at runtime.→Wonderful raises $550M at a $5B valuation for a model-agnostic enterprise AI OSWonderful raised $550M in a Series C led by Insight Partners, more than doubling its valuation to $5B in under six months. The company has shifted from customer-service agents towards a model-agnostic AI OS and operates across more than 35 countries.→Lyte raises $165M to put custom sensing silicon inside physical AILyte announced a $165M Series C led by Maverick Silicon, taking its post-money valuation to $1.6B. Its LyteVision platform combines vision, imaging and inertial sensors with custom silicon to measure motion and deliver synchronised data to robotic systems.→Antioch raises $32M to make simulation the scalable data engine for robot trainingAntioch raised a $32M Series A led by Greylock, with participation from A*, Category Ventures, Box Group and Icehouse Ventures. The company says its platform builds high-fidelity simulations for customer hardware and runs thousands of evaluations in parallel, with Amazon Ring as a disclosed customer and Nvidia and Nebius as partners.→Instinct reportedly raises $250 million at $2.5 billion valuationInstinct, an invite-only assistant from Spear Street Technology, is reportedly raising $250 million at a $2.5 billion valuation in a round co-led by Index Ventures and Benchmark. The financing would bring total funding to $350 million for an assistant designed to handle phone- and text-based tasks such as email, calendars, travel and home services.→Generalist raises another $200 million for robot foundation modelsAxios reported that Generalist raised around $200 million in a round led by 8VC, with the company’s federal filing disclosing the financing. Generalist builds models rather than robot hardware and was founded by alumni of Google DeepMind and Boston Dynamics.→Stability AI raises $76 million from entertainment and technology investorsStability AI raised $76 million, bringing total funding to $232 million under CEO Prem Akkaraju. Investors include Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group, AMD Ventures and Pacific Alliance Ventures, with the company directing capital towards creative products, applied research and professional services.→Alibaba prices HK$80 billion share placement to fund full-stack AIAlibaba said the placement will support its global AI strategy and infrastructure expansion. The transaction gives a major Chinese technology company substantial fresh capital for the compute race.→Starcloud raises $250 million for orbital AI datacentres at a $2.3 billion valuationStarcloud announced a $250 million Series A extension at a $2.3 billion post-money valuation, taking total capital raised to $450 million. It said the funding will support Starcloud-3 manufacturing and work with NVIDIA on a Space-1 Vera Rubin module, while its proposed 88,000-satellite and 20-gigawatt constellation remains a roadmap.→Etched raises $700 million at a $21 billion valuation for specialised inference systemsEtched announced a $700 million round at a $21 billion valuation, led by Jane Street, roughly doubling its reported valuation in a month. The company is building full inference systems around a specialised prefill chip and cluster-scale memory, claiming the systems can run frontier models.→Smack raises $61 million to bring domain-specific AI to the tactical edgeSmack Technologies said it raised $61 million in a Series B led by Costanoa Ventures and First In, bringing total capital above $90 million. It said the funding will expand its Omega strategic-planning platform and Alpha tactical platform, including proprietary hardware for deployment in communications- and compute-constrained environments.→Synthefy launches structured-data foundation models with a $6.5 million seed roundSynthefy said its Structured Data Foundation Models are designed for numbers, tables, transactions and signals rather than language, and announced the 30-million-parameter Nori-30M model. The company reported that Nori-30M-thinking surpassed a larger Google TabFM model on public regression benchmarks and that Wing Venture Capital led a $6.5 million seed round.→Anthropic’s reported annualised revenue run rate passes $65 billionTechCrunch reported that Anthropic’s annualised revenue run rate passed $65 billion at the end of July, up from $47 billion in May and $9 billion at the end of 2025, citing Bloomberg. The report said investors expect the run rate to reach $100–120 billion by the end of 2026, but Anthropic did not confirm the figures to TechCrunch.→Groq raises $350 million as it pivots from AI chips to neocloudGroq raised $350 million at a $3.5 billion valuation, with Disruptive leading and Nvidia planning to participate. The company said it will expand its neocloud capacity from 54 megawatts to more than 200 megawatts in 2027.→Wispr raises $280 million at a $2 billion valuationWispr raised $280 million in Series B funding led by Menlo Ventures at a $2 billion post-money valuation. The company said the capital will support expansion beyond dictation, including its meeting note-taker product.→Vals AI raises $40 million to expand model evaluationVals AI raised $40 million in Series A funding led by a16z, with participation from HRT Ventures, Next Ladder Ventures and existing investors. The company evaluates models on domain-specific tasks in areas including finance, law, healthcare and coding.→Amber raises €7 million for its AI-powered business knowledge platformAmber raised €7 million in Series A funding led by Ventech and NRW.Venture, according to Axios Pro Rata. Tech.eu reported that the company is expanding an AI-powered platform for organising and using business knowledge.→Etched reaches a $10.3 billion valuation with specialised inference hardwareEtched’s Series C was led by Sequoia, with participation from Andreessen Horowitz, SK Hynix and Jane Street. The company says it has manufactured its chips, is testing complete systems with customers and has booked $1 billion in orders.→