Browsing: Funding

Although it’s only been a couple of months since Etched raised $700 million at a $21 billion valuation, the AI chip startup is already being plied with investment offers at double or more its value, according to people familiar with the company.

AI technology development continues to drive much of the venture capital flowing to IT startups. In September, companies raising investor funding included heavyweights Cyera and Island, as well as early-stage startups such as Flamingo, Gimlet Labs and RemoteThreat.

More than 100 academics linked to British institutions have unwittingly assisted China’s espionage operations against the UKrvices, MI5 has warned

Computis, a start-up that combines software, automation and professional consultancy to simplify accounting management for SMEs, has announced the completion of a €2 million pre-seed funding round, led by Techshop Capital as lead investor, with participation from Heartfelt, Zanichelli Venture, Vento, Alecla7, Alpha Ventures, Moonstone and P3Ventures.

Add preferred source Venture capital firm SBVA has participated in a $5 billion strategic funding round for U.S. data and AI company Databricks. The round was led by U.S. venture capital firm Coatue, with Blackstone, MGX, and Sixth Street Growth also participating as investors. Databricks secured a valuation of $190 billion through this raise. Founded…

Bangladesh is increasing public funding for startups, but a shortage of domestic growth capital, banks’ reluctance to take credit risks and regulatory constraints are leaving many technology and e-commerce companies vulnerable when they move beyond the early-stage funding cycle.

EXCERPT: OpenAI is seeking at least $30bn in new funding as investors discuss a valuation of about $1.4tn.

This is a paid press release. Contact the press release distributor directly with any enquiries.

Many businesses are spending enormous sums of money on artificial intelligence, but they don’t have any way to understand how much value those investments are returning — and that’s a challenge that a startup called Ascerta Inc. wants to solve after raising $18 million in an early-stage round of funding today.

OpenAI just dropped its biggest developer conference bombshell yet. At DevDay 2026, CEO Sam Altman unveiled Dots agents – autonomous AI systems that can execute complex tasks independently – while the company simultaneously pursues a new funding round that could reshape the AI landscape. The timing isn’t coincidental: as competition intensifies with Google and Microsoft,…