UndisclosedAI·
Databricks raises $5B
Databricks raised $5 billion in funding at a $190 billion valuation. The company initially planned to raise $1 billion before increasing the round due to investor interest.
All bites
Every published VC Bite, newest first. Each one is an original summary that links back to the original reporting.
UndisclosedAI·
Thrive Holdings raises $2B
Thrive Holdings raised $2 billion in new funding at a $12 billion valuation. Participating investors include SoftBank, D1 Capital Partners, and Altimeter Capital.
UndisclosedAI·
Lovable raises $400M
Lovable raised $400 million in new funding at a $13.3 billion valuation. The funding follows the startup reaching $500 million in annualized run rate revenue in June.
UndisclosedMobility·
Yulu raises $93M
Yulu raised $93 million in funding driven by demand from quick-commerce and logistics. The startup plans to expand its e-bike fleet to 200,000 units over the next two years.
UndisclosedAI·
River AI raises $1.1B
River AI raised $1.1 billion in a funding round led by General Catalyst. The two-month-old startup was founded by xAI co-founder Igor Babuschkin to build personal AI agents.
UndisclosedAI·
Discovered Materials raises $9M
Discovered Materials raised $9 million in funding. The startup uses AI to discover novel materials for building more efficient chips.
Series CAI / Dev Tools·
Cursor (Anysphere) raises $900M
The AI coding editor raised $900M at a $9.9B valuation, one of the largest developer-tool rounds on record.
Series DLegal Tech·
Harvey raises $300M
Legal AI startup Harvey landed $300M to expand its assistant for law firms and in-house teams.
Series AAI / No-Code·
Lovable raises $200M
The vibe-coding platform raised $200M at a $1.8B valuation after crossing $100M ARR in under a year.
Series DDefence·
Helsing raises €600M
European defence AI firm Helsing raised €600M, pushing its valuation past €12B.
Series ECybersecurity·
Cyera raises $300M
Data security startup Cyera raised $300M to grow its AI-driven data posture management platform.
Series BHealth Tech·
Neko Health raises $260M
The body-scan clinic startup co-founded by Daniel Ek raised $260M to open new preventive health centers.
UndisclosedDefense·
Hadrian raises $1.37B
Hadrian secured $1.37 billion in funding at an $8 billion valuation. The defense tech company operates automated factories to produce parts for defense vehicles.
UndisclosedDevtools·
Naïve raises $28.5M
Naïve raised $28.5 million to automate business setup and operational workflows. The startup provides infrastructure to streamline company creation and management.
Series BEnterprise·
Omilia raises $67M
Omilia raised $67 million in Series B funding. The capital will support scaling its customer support platform.
UndisclosedMobility·
Moove raises $250M
Moove raised $250 million to scale its autonomous vehicle fleet management operations. The company aims to expand into owning and operating robotaxi fleets.
Series BClimate·
WindBorne Systems raises $37M
WindBorne Systems raised $37 million in Series B funding. The company will use the capital to scale its weather balloons and AI forecasting tools.
Pre-SeedAI·
June raises $20M
June emerged from stealth with a $20 million pre-seed round. The startup develops solutions to simplify AI deployment.
UndisclosedAI·
Smallest.ai raises $13M
Smallest.ai raised $13 million to construct rapid voice AI models. The startup focuses on generating human-like audio for phone calls.
SeedFintech·
Ellis AI raises $10M
Ellis AI emerged from stealth with $10 million in seed capital. The startup provides AI tools for private credit managers.
Series CCybersecurity·
Inforcer raises $50M
Inforcer secured $50 million in a Series C funding round led by Insight Partners. The London-based company helps small and medium businesses address AI and security risks.
SeedEdtech·
Imagi raises $4.5M
Imagi raised $4.5 million in seed funding. Backers include Brighteye Ventures, Day One Capital, and Will.i.am.
UndisclosedRobotics·
Atoms raises $1.7B
Atoms raised $1.7 billion in funding led by Andreessen Horowitz, with participation from Uber. The robotics company applies industrial AI to modern manufacturing.