Rounds, acquisitions, mergers, acqui-hires, and strategic investments
32 stories in the last 7 days
Unacademy Cofounders Plan ₹700 Cr AI, Deeptech Fund Longshot Capital
Unacademy cofounders launch a ₹700 cr AI and deeptech fund. The new venture, backed by Longshot Capital, aims to invest in early-stage AI…
Eka Robotics raises $150M to scale its vision-force-action model for robots
Eka Robotics secures $150 million to expand its vision‑force‑action model for robotics. The company builds a VFA system that learns physi…
From Even Health To The Pant Project— Indian Startups Raised Over $184 Mn This Week
Indian startups raise $184 million in October’s third week. Seventeen firms, including Even Health and Pant Project, secure capital, sign…
OpenAI lowers valuation target, raises up to $30 billion
OpenAI is pursuing a new funding round of up to $30 billion, but has lowered its valuation target to secure the capital. The move signals…
OpenAI working on new $30B raise at $1.25T valuation ahead of IPO
OpenAI plans a $30 billion funding round that could push its valuation to $1.25 trillion ahead of an IPO. The round would make OpenAI the…
Sure, let’s smoosh SpaceX and Tesla together, who cares
SpaceX and Tesla formed committees to discuss a potential merger. The move involves SpaceX seeking $40 billion for Nvidia chips to suppor…
Seaya raises €600M for new growth fund to back Europe's next global tech leaders
Seaya launches Seaya Nova, a €600 million growth fund aimed at backing Europe’s next global tech leaders. The fund, backed by the Europea…
DeepSeek reportedly raises $15B days after US restrictions
DeepSeek secures a $15 billion funding round, one of China’s largest, amid U.S. national‑security restrictions. The capital influx signal…
Cloud: Europe’s 6 most-funded companies in H1 2026
Europe’s top cloud firms secure €5.9 billion in H1 2026, focusing on infrastructure. Eight deals, including a major undisclosed transacti…
Premji Invest, Norwest and Lok Capital Plan Up to ₹1,000 Crore Investment in Vegafin: Report
Vegafin secures up to ₹1,000 crore from Premji Invest, Norwest, and Lok Capital to scale its AI‑driven MSME lending platform. The capital…
CureBay Bags ₹100 Cr To Scale Rural Clinics Network, Enhance AI Screening Offerings
CureBay raises ₹100 Cr to expand its rural clinic network and enhance AI screening services. The pre‑Series C round includes ₹69 Cr from …
Blackstone’s Jas Khaira says fears over AI-buildout debt are overblown
Blackstone’s AI chief Jas Khaira dismisses concerns that AI build‑out debt is a looming crisis. He argues that the firm’s capital allocat…
Meta to create a new class of shares to fund AI push
Meta issues non-voting shares to fund its massive AI initiatives and acquisitions. This financial maneuver expands funding tools for the …
Legora’s valuation leaps to $8.8BN as raises $550M
Legora, a Swedish legal AI firm, raises $550 million in a Series E, boosting its valuation to $8.8 billion. The round, led by Boston‑base…
India Billionaire Firm Leads $106 Million AI Loan Startup Round - Bloomberg.com
A prominent Indian billionaire firm leads a $106 million funding round for an AI‑powered loan startup. The investment signals growing con…
OpenAI Acquires Pharma Co Orchestra Bio to Build AI Agents for Drug Development
OpenAI acquires Orchestra Bio to build AI agents that link scientific findings with drug development workflows. The deal expands OpenAI’s…
AI-led IPOs may add up to $100 billion to India's market-cap: Goldman Sachs - India IPO
Goldman Sachs estimates AI-driven IPOs could boost India's market cap by up to $100 billion. The forecast covers tech firms ranging from …
Europe's tech funding rebounds to €27.8B, fuelled by billion-euro mega-rounds
European tech funding hits €27.8 B in Q3 2026, up 32.4 % from last year. The surge comes from 732 deals, including several billion‑euro m…
Scaleup Europe Fund leads $250M funding round in Pigment
Pigment secures $250 million in a round led by the EU’s Scaleup Europe Fund, valuing the French enterprise software company at $2.3 billi…
OpenAI acquires Orchestra Bio to build AI agents that speed up drug development
OpenAI acquires Orchestra Bio to accelerate drug development with AI agents. The deal merges Orchestra Bio’s expertise into OpenAI’s Rosa…
PE funding to India’s AI startups triples since 2024, offering up to a $100-bn IPO opportunity in five years: Goldman Sachs - Fortune India
PE funding for India’s AI startups triples since 2024, creating a potential $100‑bn IPO window in five years. Goldman Sachs forecasts a s…
Fireworks AI is in early talks for a new funding round - IndiaIPO
Fireworks AI is in early talks for a new funding round. The AI startup, known for its large‑language‑model infrastructure, is seeking cap…
OpenAI acquires startup Orchestra Bio to beef up its biotech business
OpenAI acquires Orchestra Bio to strengthen its life‑sciences AI portfolio. The deal brings Orchestra’s team and technology into OpenAI’s…
Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei
Eric Schmidt holds roughly a 1% stake in Anthropic, according to Bloomberg. The former Google CEO’s investment signals continued confiden…
Daytona hits $1B valuation with $60M Series B for AI agent cloud
Daytona raises $60 million in a Series B, valuing the AI‑agent cloud platform at $1 billion. The round brings total funding to $91 millio…
EIT launches €40M funding call to help bring university deep tech research to market
EIT launches a €40 million call to boost university deep‑tech research commercialization. The initiative targets higher‑education institu…
Otter.ai raises $320 million from General Catalyst’s growth fund for its meeting tool
Otter.ai secures $320 million from General Catalyst’s Customer Value Fund to fuel enterprise expansion and product innovation. The capita…
OpenAI acquires Orchestra Bio
OpenAI acquires Orchestra Bio to integrate AI into life sciences R&D. The deal targets accelerating drug discovery for biopharma teams. I…
CoreWeave’s debt is becoming the whole AI industry’s problem
CoreWeave’s bonds slide into distressed territory, sparking concerns about a private‑credit bubble in AI. Investors demand a 10% yield pr…
Tolan snags $30M for its AI companion that helps users navigate life
Tolan, an AI companion app, secures $30M in new funding after reaching 250k active users. The raise supports expansion of its life‑naviga…
Tenstorrent hits $6.2B valuation to scale open-weight AI chips
Tenstorrent secures $1.5 billion in funding, boosting its valuation to $6.2 billion and keeping it independent from Nvidia. The raise fue…
Jio Platforms Raises About ₹8,110 Cr From Anchor Investors
Jio Platforms raises ₹8,109.8 Cr from anchor investors ahead of its public issue. The telecom giant secures substantial capital to suppor…