The AI-focused hedge fund is still making some big bets.
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It’s backed by a long list of well-known investors.
Taking vibe-coding a step further, Naïve claims its infra can automate most of the work in setting up and running a business.
The startup’s platform predicts what product a shopper wants next, learn their general taste, and fine-tune continuously based on what they do in real time.
The Series B is the company’s second fundraise since it last raised capital in 2020. In that time, it has increased its ARR by 10x to $60 million.
River plans to build a new factory, launch additional models from 2027, and target profitability as it scales production.
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.
Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.
The new funding brings Index’s total available investing capital to $3.5 billion.
Add another member to the fast-and-furious AI unicorn club: Simile