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stories 541–600 of 1102August's Mega-Rounds Have Already Cleared $9B
Five disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.
The Seed Round Is Now an Infrastructure Round
The Seed Round Is Now an Infrastructure Round
River AI raised $1.1 billion across a seed and Series A two months after leaving stealth, the clearest example yet of a 2026 pattern where pre-product AI infrastructure companies raise growth-stage sums at formation.
Founders, Stop Chasing the Unicorn Math
Founders, Stop Chasing the Unicorn Math
Forty companies crossed $1 billion in valuation in July alone, the fastest monthly pace in four years -- but a rising share of that math is markup, not revenue, and founders optimizing for the headline number are optimizing for the wrong thing.
Air Taxis Consolidate: Archer Buys Wisk, Joby Buys Defense
Air Taxis Consolidate: Archer Buys Wisk, Joby Buys Defense
Archer Aviation acquired Boeing's Wisk Aero along with SkyGrid and Insitu, giving Boeing a 16.5% stake in Archer, while Joby paid $500 million for Resonant Sciences to launch a defense arm.
Why VCs' Biggest August Checks Went to Reactors, Not Apps
Why VCs' Biggest August Checks Went to Reactors, Not Apps
Five of the month's largest venture rounds funded nuclear reactors, home batteries, GPU-training infrastructure and automated factories rather than software, a distribution that says more about where capital is scarce than about any single pitch deck.
Harvard's Endowment Discloses $2.2B SpaceX Stake
Harvard's Endowment Discloses $2.2B SpaceX Stake
Harvard Management Company's 13F filing showed a $2.2 billion SpaceX position, the largest single stock in its disclosed U.S. equity book, turning a venture bet placed more than a decade ago into the endowment's biggest public holding.
18 Fusion Startups Have Now Raised Over $100M Each
18 Fusion Startups Have Now Raised Over $100M Each
At least 18 fusion-energy companies have raised more than $100 million each in private capital, led by Commonwealth Fusion Systems at roughly $3.94 billion and Helion at $3.2 billion in committed capital.
AI Coding Tools Have Minted Five $1B+ Companies
AI Coding Tools Have Minted Five $1B+ Companies
Five AI coding-tool startups now carry valuations above $1 billion after this month's rounds, a cluster of pricing that says more about how much capital is chasing the category than about any one company's product lead.
Defense Tech's Funding Surge Shows No Sign of Slowing
Defense Tech's Funding Surge Shows No Sign of Slowing
August alone has produced a $250 million Neros Technologies round and a fresh $1.37 billion Hadrian raise, extending a defense-tech funding pace that has now outrun every full prior year on record.
Form Energy Raises $750M to Scale Grid Batteries
Form Energy Raises $750M to Scale Grid Batteries
Form Energy raised $750 million led by T. Rowe Price to scale its 100-hour iron-air grid battery technology, the third-largest round in Crunchbase's tracking of this week's biggest U.S. deals behind Databricks and River AI.
Thrive Capital Finds Its Own VC Lane
Thrive Capital Finds Its Own VC Lane
A Newcomer profile describes Thrive Capital settling into three distinct strategies: a $9 billion growth fund, a $1 billion early-stage vehicle, and Thrive Holdings, which buys into AI-transformation bets inside existing companies.
Nvidia Reveals $21B SpaceX Stake, $30B in Intel
Nvidia Reveals $21B SpaceX Stake, $30B in Intel
A regulatory filing disclosed Nvidia's SpaceX and Intel stakes are now worth roughly $51 billion combined, the first time the chipmaker has put a number on its SpaceX position since folding its xAI investment into the company.
40 Companies Joined the Unicorn Board in July
40 Companies Joined the Unicorn Board in July
Crunchbase counted 40 new companies crossing $1 billion in valuation in July 2026, the highest monthly total in more than four years, led by three decacorns that added a combined $49 billion in value.
Orbital Data Centers Open Talks With Space Insurers
Orbital Data Centers Open Talks With Space Insurers
Companies backed by SpaceX and Blue Origin have begun early talks with insurers about covering orbital AI data centers, a nascent risk category where global space-insurance premiums total only $500-750 million a year today.
Thrive's Joshua Kushner Buys the Lakers for $12.5B
Thrive's Joshua Kushner Buys the Lakers for $12.5B
Thrive Capital founder Joshua Kushner has agreed to buy the Los Angeles Lakers for $12.5 billion, one of the largest sports franchise transactions ever, extending a venture investor's reach deep into professional sports ownership.
The 2026 Repricing Sprint: What This Week Means for Term Sheets
The 2026 Repricing Sprint: What This Week Means for Term Sheets
This week's Databricks, Cognition and Anthropic developments show valuation cycles for AI leaders compressing from years to months, forcing founders and investors to rethink how long a primary valuation should even hold.
What This Week's SEC Filings Say About the IPO Pipeline
What This Week's SEC Filings Say About the IPO Pipeline
A cluster of S-1 and S-1/A filings hit the SEC this week, including two blank-check acquisition vehicles, pointing to renewed small-cap IPO and SPAC registration activity even as attention concentrates on mega-cap AI listings.
By The Numbers: Why Mega-Rounds Now Carry Two Valuations
By The Numbers: Why Mega-Rounds Now Carry Two Valuations
A growing share of 2026's largest AI funding rounds are being priced across two separate valuation tranches in the same raise, a structure that lets late-stage investors buy in at different price points within one deal.
Khartis Emerges From Stealth With $95M for a Thyroid Pill
Khartis Emerges From Stealth With $95M for a Thyroid Pill
Khartis Therapeutics emerged from stealth with $95 million in total funding, including a new $50 million Series B, to develop an oral alternative to injectable treatments for thyroid eye disease.
Mindgard Raises $30M to Red-Team Enterprise AI Systems
Mindgard Raises $30M to Red-Team Enterprise AI Systems
Mindgard raised a $30 million Series A led by Album VC to scale an automated red-teaming platform for AI systems, after its research uncovered a zero-day flaw in Cursor and defects in Google Antigravity and ChatGPT.
Databricks Closes $5B Round at $190B Valuation
Databricks Closes $5B Round at $190B Valuation
Databricks closed a $5 billion round at a $190 billion valuation led by Coatue, after the company said it crossed a $7 billion annualized revenue run-rate with more than 80% year-over-year growth.
Investors Sue Selena Gomez Over Wondermind's Collapse
Investors Sue Selena Gomez Over Wondermind's Collapse
Five investors who put $1.2 million into Selena Gomez's mental-health startup Wondermind are suing her and her mother, alleging securities fraud and breach of contract after the company quietly collapsed without informing backers.
Bridge to Life Raises $110M for Organ Preservation
Bridge to Life Raises $110M for Organ Preservation
Bridge to Life closed $110 million in Series C equity funding plus additional debt financing for its organ preservation and perfusion technology, part of a broader wave of biotech capital chasing transplant and longevity-adjacent medtech in 2026.
Heaviside's Valuation Jumps 21x in Three Months
Heaviside's Valuation Jumps 21x in Three Months
Precision-munitions startup Heaviside raised a $60 million Series B at a $600 million valuation, more than 21 times its Series A price three months ago, and partnered with Norwegian defense manufacturer Nammo to supply warheads.
Trunk Tools' Founder Went From Teenage Carpenter to AI CEO
Trunk Tools' Founder Went From Teenage Carpenter to AI CEO
Trunk Tools founder Sarah Buchner, a former carpenter and general contractor, has grown the construction-AI startup's revenue fourfold in the past year on top of a $40 million Series B valuing it at $325 million.
Cognition in Talks to Raise at $40B Valuation for Devin AI
Cognition in Talks to Raise at $40B Valuation for Devin AI
Cognition, maker of the AI coding agent Devin, is reportedly in early talks to raise more than $1 billion at a valuation above $40 billion, up from $26 billion three months ago, as its revenue run rate nears $1 billion.
Cognition Nears $40B Valuation, Up 50%+ Since Spring
Cognition Nears $40B Valuation, Up 50%+ Since Spring
AI coding startup Cognition is in early talks for a new round that could value it above $40 billion, more than 50% above the $26 billion mark it set in May, as it approaches a $1 billion annualized revenue run rate.
Thrive Holdings Raises $2B to Buy and Rewire Firms With AI
Thrive Holdings Raises $2B to Buy and Rewire Firms With AI
Thrive Holdings, the Thrive Capital spinout that acquires services businesses and rebuilds them with AI, raised $2 billion at a $12 billion valuation from SoftBank, D1 Capital and Altimeter, with OpenAI as an equity holder.
Form Energy Raises $750M for 100-Hour Grid Batteries
Form Energy Raises $750M for 100-Hour Grid Batteries
Form Energy raised a $750 million Series G led by T. Rowe Price to expand its iron-air batteries, which store power for up to 100 hours and are being bought by Google, Xcel Energy and Crusoe for AI data center power.
CodeRabbit Raises $143M at $1.5B Valuation
CodeRabbit Raises $143M at $1.5B Valuation
CodeRabbit raised $143 million in a Series C led by Atomico and Smash Capital at a $1.5 billion valuation, with revenue up more than 5x as the AI-code-review startup pitches itself as the governance layer for a flood of AI-generated code.
Lovable Confirms $13.3B Valuation, Raises Another $400M
Lovable Confirms $13.3B Valuation, Raises Another $400M
Vibe-coding startup Lovable closed a $400 million Series C at a $13.3 billion valuation, doubling its worth from December, after crossing $500 million in annualized revenue and projecting $600 million by month's end.
Skan AI Raises $63M Betting Work-Observation Is the Missing Layer
Skan AI Raises $63M Betting Work-Observation Is the Missing Layer
Skan AI raised a $63 million Series C co-led by Cathay Innovation and Dell Technologies Capital to expand a platform mapping how employees actually work, arguing AI agents fail from missing context, not weak models.
ClearJet Raises $25M to Build the 'Uber of Cargo'
ClearJet Raises $25M to Build the 'Uber of Cargo'
ClearJet, an Austin logistics startup that fills unused cargo space on commercial flights, raised a $25 million Series B led by Edison Partners after tripling revenue and approaching nine figures in annual sales while already profitable.
Blacksmith's Valuation Jumps 10x to $550M in Under a Year
Blacksmith's Valuation Jumps 10x to $550M in Under a Year
Blacksmith, a code-testing and validation startup, raised a $45 million Series B led by Peak XV Partners at a $550 million valuation, up from $60 million less than a year earlier, as AI-generated code drives demand for faster validation.
Reservoir Raises $8M Seed for Grid-Friendly Water Heaters
Reservoir Raises $8M Seed for Grid-Friendly Water Heaters
Reservoir, a Boston-area startup, raised an $8 million seed round led by Asymmetric Capital Partners to sell heat pump water heaters that shift electricity use to off-peak hours and act as a distributed grid asset.
Lovable Doubles Valuation to $13.3B in Eight Months
Lovable Doubles Valuation to $13.3B in Eight Months
Swedish vibe-coding startup Lovable raised $400 million at a $13.3 billion valuation, doubling its worth in eight months as annualized revenue approaches $600 million.
Fitness Startup Funding Rebounds to $3.6B in H1 2026
Fitness Startup Funding Rebounds to $3.6B in H1 2026
Fitness and wellness startups raised $3.6 billion in H1 2026, a third higher than 2025's six-year funding low, though the recovery is concentrated in fewer, larger AI-enabled rounds.
General Catalyst Leads $1.1B Round Into 2-Month-Old River AI
General Catalyst Leads $1.1B Round Into 2-Month-Old River AI
River AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion led by General Catalyst just two months after stealth, betting enterprises can train AI models without a dedicated infra team.
Neros Raises $250M Series C at $2.5B for Defense Drones
Neros Raises $250M Series C at $2.5B for Defense Drones
Neros Technologies raised a $250 million Series C co-led by Sequoia Capital and the American Strategic Technology Fund at a $2.5 billion valuation, funding a push to build 1 million US-made drones a year by 2028.
Accel Raises $3.5B for Early-Stage Global AI Bets
Accel Raises $3.5B for Early-Stage Global AI Bets
Accel closed a $3.5 billion early-stage fund split across the US, Europe/Israel and India, its second major AI-focused vehicle in four months after backing Anthropic, Cursor and Perplexity.
Flagler Health Raises $50M to Fix Musculoskeletal Care
Flagler Health Raises $50M to Fix Musculoskeletal Care
Flagler Health raised a $50 million Series B led by Bessemer Venture Partners to build an AI-native platform coordinating clinical and administrative workflows for musculoskeletal care providers.
Vaderis Raises $152M Series B for Rare Disease Trial
Vaderis Raises $152M Series B for Rare Disease Trial
Vaderis Therapeutics closed an oversubscribed $152.5 million Series B co-led by Goldman Sachs Alternatives and TCGX to fund a global Phase 3 trial of its drug for a rare blood vessel disorder.
Accel's India Fund Closes Oversubscribed in Weeks
Accel's India Fund Closes Oversubscribed in Weeks
Accel closed its ninth India-focused fund at $550 million, oversubscribed and completed within weeks, even though the firm still has more than 55% of its prior $650 million India vehicle left to invest.
Infinimmune Raises $75M for Human-Derived Antibody Drugs
Infinimmune Raises $75M for Human-Derived Antibody Drugs
Infinimmune raised a $75 million Series A co-led by Regeneron Ventures and Playground Global to advance two atopic dermatitis antibody candidates built from its human-derived Anthrobody platform.
AI Agent Security Funding Tops $435M in Two Weeks
AI Agent Security Funding Tops $435M in Two Weeks
Corma, Zenity and Horizon3 raised a combined $435 million in the first ten days of August for AI-agent and AI-driven cybersecurity defense, three separate bets that defensive tooling is under-capitalized relative to offensive AI capability.
Yulu Raises $93M as Quick-Commerce Fuels E-Bike Demand
Yulu Raises $93M as Quick-Commerce Fuels E-Bike Demand
Yulu, a Bengaluru-based electric two-wheeler subscription platform, raised $93 million in Series C funding as India's quick-commerce boom drives delivery-driver demand ahead of an eventual IPO.
Aureka Biotechnologies Raises $100M for Biology AI Models
Aureka Biotechnologies Raises $100M for Biology AI Models
Aureka Biotechnologies raised a $100 million Series B led by Granite Asia to train biological foundation models for drug discovery, bringing the AI-native TechBio company's total funding to nearly $200 million.
Point2 Technology Extends Series B to $136M With Arm
Point2 Technology Extends Series B to $136M With Arm
Point2 Technology expanded its Series B to $136 million as chip designer Arm joined as a strategic investor, backing the San Jose startup's RF-over-plastic interconnect technology for AI data center scale-up systems.
inKind Secures $414M to Fund 8,500 Restaurants
inKind Secures $414M to Fund 8,500 Restaurants
inKind, an Austin-based restaurant commerce platform, closed an oversubscribed $414 million financing tranche led by Citi and Cross River, pushing its total capital raised past $1.2 billion.
Corma Raises $60M Seed to Build Defensive Cyber AI
Corma Raises $60M Seed to Build Defensive Cyber AI
Corma, a Tel Aviv and San Francisco startup, emerged from stealth with a $60 million seed round led by Sequoia Capital to build what it calls the first foundation model purpose-built for defensive cybersecurity.
Anduril Backers Give Cambridge Aerospace $3.4B Valuation
Anduril Backers Give Cambridge Aerospace $3.4B Valuation
Cambridge Aerospace, a British drone-and-missile interceptor startup, raised a $300 million Series C led by DFJ Growth at a $3.4 billion valuation, taking its total raised past $630 million in under two years.
Aurelius Systems Raises $40M for Laser Defense
Aurelius Systems Raises $40M for Laser Defense
Aurelius Systems raised a $40M Series A to scale Archimedes, its autonomous laser system for tracking and neutralizing small drones, co-led by Draper Associates and KAS Venture Partners.
Cover Genius Hits $1.9B Valuation on $100M Raise
Cover Genius Hits $1.9B Valuation on $100M Raise
Cover Genius, a New York-based embedded-insurance platform, raised $100M from Vista Credit Partners at a $1.9B valuation, backed by 50% year-over-year revenue growth.
Digital Health VC Funding Hits $7.4B in 2026
Digital Health VC Funding Hits $7.4B in 2026
Digital health venture funding reached $7.4 billion in the first half of 2026, with 19 companies raising 20 megadeals of $100 million or more -- 45% of all capital invested in the sector.
Robotics Startups Have Raised $23B So Far in 2026
Robotics Startups Have Raised $23B So Far in 2026
Robotics startups have raised more than $23 billion in 2026, nearly matching all of 2025, with humanoid-specific funding alone reaching $8.6 billion -- 1.8 times last year's full-year total with five months still to go.
Chip Startups Raised $10.7B In 2026 Through Early June
Chip Startups Raised $10.7B In 2026 Through Early June
Semiconductor startups raised around $10.7 billion in seed-through-pre-IPO rounds in 2026 as of June 10, according to Crunchbase News, led by Cerebras' $1 billion pre-IPO round and $500 million raises by MatX, Ayar Labs and Etched; Etched raised again in July at a $10.3 billion valuation.
Enterprise AI Raised Another $590M You Missed
Enterprise AI Raised Another $590M You Missed
Simile, CAIS, Eliyan and Freehand raised a combined $590M in the last two weeks of July for synthetic-user modeling, alternative-investment AI, chip interconnects and supply-chain agents — infrastructure and tooling money the model-layer headlines mostly missed.
Defense Tech's Valuation Ladder Gains a New Rung
Defense Tech's Valuation Ladder Gains a New Rung
Anduril remains in talks to raise at a roughly $100B valuation just weeks after Hadrian's own 5x step-up to $7.87B — two data points suggesting defense-tech valuations are compounding faster than the underlying contract backlogs are being disclosed.
The AI Infrastructure Tally Just Crossed $19.5B
The AI Infrastructure Tally Just Crossed $19.5B
Lumilens' $700M+ raise pushes this week's tally of AI physical-infrastructure funding -- reactors, batteries, fabs and now optical networking -- to roughly $19.5B across four distinct layers of the stack.
This Week's Mega-Rounds, By the Numbers
This Week's Mega-Rounds, By the Numbers
Hadrian's $1.37B round, Function Health's $450M raise and OLIX's $312M photonic-chip round pushed this week's three largest US-linked venture rounds past $2.1B combined, none of it going to a foundation model.