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Wonderful more than doubles its valuation to $5B in under 6 months

Wonderful said it will use its $550 million Series C funding to develop products faster, expand its FDE teams, and meet demand for its products.

HiddenLayer nabs $100M as enterprises rush to secure their AI deployments

HiddenLayer has raised a $100M Series B from Delta-v Capital, Ten Eleven Ventures, Morgan Stanley, Microsoft’s M12, Booz Allen Hamilton, and others.

This startup is fuel-injecting hydrogen to make cargo ships more efficient

Newlight has raised a $9 million seed round and completed an 8,500-nautical-mile test run from Singapore to Ghana.

Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund

The firm, 1789 Capital, led the funding round that reportedly will total around $1 billion.

Neocloud Lambda secures $1B in debt to buy more chips

Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It’s the latest in a string of loans, underscoring the high cost of the AI boom.

Friend-focused photo sharing app Retro snags $21M

Retro, a friend-focused photo-sharing app built by former Instagram employees, has raised more than $21 million in Series A funding.

a16z creates a $1.1B ‘Machine Age’ fund to ‘accelerate the physical buildout of AI’

The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI.

As electric two-wheelers gain a foothold, Belgian startup Any bets on cargo space

Launched by Belgian startup Any, LUV1 is a modular electric motorcycle with 120 liters of cargo space that can be used to carry bags, work equipment, or even pets.

This former PG&E engineer is building a ‘Google Maps for the underground’

The startup just raised a $26 million Series A to grow its customer base and help reduce red tape for utility and construction work.