Physical Intelligence Raises $400M to Build Universal AI Brain for Robots
The funding represents a dramatic increase from the company's $70 million seed round raised earlier this year.
Venture Capital
A collection of 312 posts
Decart Unveils Real-Time AI Game Engine, Raises $21M to Make AI-Generated Worlds More Affordable
Unlike traditional game engines, Oasis directly processes user inputs like keyboard and mouse movements to simulate gameplay, including physics, graphics, and environment, all without relying on pre-coded scripts.
Sierra Lands $175M as Enterprise AI Race Heats Up, Hits $4.5B Valuation
The funding round, led by Greenoaks Capital with participation from ICONIQ and Thrive Capital, represents a more than fourfold increase from Sierra's $1 billion valuation in January.
Pharos Raises $5M to Automate Hospital Quality Reporting with AI
Pharos's AI technology automatically pulls required data from unstructured medical records, enabling real-time quality monitoring instead of the weeks-long delays typical with manual reporting.
Waymo Secures $5.6 Billion to Expand Robotaxi Service Across U.S. Cities
The funding comes as Waymo's ride-hailing service gains significant traction. You can now catch a Waymo robotaxi in San Francisco, Phoenix, and Los Angeles, with rides reaching over 100,000 trips weekly – ten times more than last year.
Granola Raises $20 Million for AI-Powered Notetaking
Granola works by installing locally on your Mac and connecting to your calendar. It captures audio from popular meeting platforms like Zoom, Google Meet, and Microsoft Teams without requiring any meeting bots to join.
Sensei Secures $16M to Expand Contactless Store Tech in Europe
The company has set an ambitious goal of powering 1,000 autonomous stores by 2026.
Freeform Secures $14 Million to Scale AI-Driven Metal 3D Printing
Rather than selling printers, the company offers manufacturing as a service, using AI-powered systems that monitor and adjust the printing process in microseconds.
Socket Raises $40M to Combat Open Source Security Threats
Socket's platform scans open source components for security risks like backdoors and malicious code before they can cause damage. The company reports blocking over 100 software supply chain attacks weekly and now protects more than 7,500 organizations.
Interface.ai Raises $30M in First External Funding Round, to Expand AI Banking Solutions
The company's AI technology resolves up to 60% of customer inquiries automatically through voice, chat, and co-pilot experiences. This automation helps smaller financial institutions compete with larger banks by offering faster customer service while reducing operational costs.
Lightmatter Secures $400M, Valuation Soars to $4.4B as AI Fuels Demand for Photonic Computing
The investment, led by T. Rowe Price Associates with participation from existing backers Fidelity Management & Research Company and GV (formerly Google Ventures), brings Lightmatter's total funding to $850 million.
Fable Secures $25M to Make AI and Digital Products More Accessible
While AI has the potential to bridge accessibility gaps, it also risks perpetuating digital exclusion if not developed with inclusivity in mind.
CoreWeave Secures $650 Million Credit Facility to Fuel AI Cloud Expansion
The new credit line will help CoreWeave expand its data center portfolio, which already includes 28 locations planned by the end of 2024, with 10 more expected to be added in 2025.
Numeric Raises $28M to Transform Accounting with AI-Driven Automation
This investment, led by Menlo Ventures, comes just five months after the company's $10 million seed round, highlighting rapid growth and investor confidence in Numeric's AI-powered accounting platform.
Relyance AI Secures $32.1M for AI Governance and Data Privacy
The round was led by Thomvest Ventures, with participation from M12 (Microsoft's venture fund), Cheyenne Ventures, and existing investors Menlo Ventures and Unusual Ventures.
Unify Raises $12M Series A to Transform Revenue Team Operations with AI
Founded just 20 months ago, Unify has experienced explosive growth, increasing its annual recurring revenue 39 times year-over-year.
OpenAI Secures Record $6.6 Billion Funding, Valued at $157 Billion
Thrive Capital led the round, with participation from tech giants Microsoft and NVIDIA, as well as SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, Tiger Global and MGX (United Arab Emirates' investment firm).
SoftBank Vision Fund to Invest $500 Million Investment in OpenAI
SoftBank's participation comes alongside lead investor Thrive Capital, which is contributing over $1 billion. Other participants include Tiger Global Management, Coatue Management, and Microsoft, OpenAI's largest backer.
Ephos Raises $8.5M Seed Funding For Glass-Based Quantum Photonic Chip Facility
The funding round was led by Starlight Ventures, and saw participation from several prominent investors, including Collaborative Fund, Exor Ventures, 2100 Ventures, and Unruly Capital.
OpenAI's Next Funding Round is Oversubscibed by Billions
Thrive Capital is leading the round with a commitment of $1.25 billion. Alongside Thrive, major technology firms Microsoft, NVIDIA, and Apple are in advanced discussions to participate, potentially contributing between $2 billion and $3 billion collectively.
Sakana AI Expands Series A to $200 Million, Gains Backing from Top Japanese Firms
The expanded round now includes investments from Japan's three largest banking groups: Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Financial Group.
Supermaven Secures $12M for AI-Powered Code Editor
Supermaven's technology boasts a 1-million token context window, enabling it to understand large codebases and provide contextual code completion with low latency.
11x.ai Secures $24M Series A Funding Led by Benchmark to Expand AI-Driven Workflow Automation
The Series A funding will enable 11x.ai to enhance its product development pipeline, scale its team, and strengthen its presence in the United States, where it has recently relocated its headquarters to San Francisco.
World Labs Emerges from Stealth with $230 Million to Build "Spatial Intelligence" AI
World Labs’ approach involves developing large world models that can perceive, generate, and interact with the three-dimensional world.