Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
Wispr’s total funding is now over $361 million.
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.
Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.
Thrive Holdings has raised $2 billion in new funding at a $12 billion valuation from investors like SoftBank, D1 Capital Partners, and Alitmeter Capital.
Form Energy has landed Google and Crusoe as customers. Now, it has raised $750 million to expand manufacturing to deliver its massive, 100-hour batteries.
This new funding comes after Lovable hit $500 million in annualized run rate revenue in June, the startup told TechCrunch.
San Francisco’s housing market is in trouble again.
Discovered Materials raised $9 million to fund the hunt for more novel materials to build more efficient chips.