Profound raised $180m at a $1.8bn valuation to sell brands visibility in AI answers
Profound raised $180m at a $1.8bn valuation to sell brands visibility in AI answers

Profound, an enterprise-grade marketing platform built for Answer Engine Optimization (AEO), has raised $180M in a Series D co-led by Sequoia Capital and Kleiner Perkins, valuing the two-year-old New York company at $1.8bn, Bloomberg reports. The price…

Tandem Health raises $100m to turn its AI scribe into clinic software
Tandem Health raises $100m to turn its AI scribe into clinic software

Stockholm-based Tandem Health has raised $100m in a Series B round led by the Scaleup Europe Fund, which EQT manages. The company announced the round on 14 September. Existing investors Kinnevik, Northzone, Amino Collective, and Visionaries also took p…

Anthropic is Rum Group’s $13.7bn compute customer, The Information reports
Anthropic is Rum Group’s $13.7bn compute customer, The Information reports

Anthropic is the unnamed customer behind a $13.7bn, six-year computing contract that Rum Group disclosed last month, The Information reported on Sunday. Rum Group owns the video platform Rumble. Reporters Valida Pau and Phoebe Liu cited one person fami…

The robot that sweeps the car park is also watching it. Viabot’s $24m round calls that soft security.
The robot that sweeps the car park is also watching it. Viabot’s $24m round calls that soft security.

Viabot has raised a $24m Series A led by Walden International, bringing total funding to $43m for its autonomous outdoor sweeping robot. The same machine runs what the company calls soft security, using its navigation sensors to detect loitering and tr…

Jack & Jill raises $40M to put an AI agent on both sides of the hiring table
Jack & Jill raises $40M to put an AI agent on both sides of the hiring table

Jack & Jill has raised $40M in a Series A led by Air Street Capital, bringing total funding to $60M less than a year after a $20M seed round. Madrona and Antler are new investors, and Creandum, Ada Ventures, Entrepreneurs First, Expedite Capital, a…

Intrepid Growth Partners closes a $525m AI fund with state money from four countries
Intrepid Growth Partners closes a $525m AI fund with state money from four countries

Intrepid Growth Partners has closed its first fund at $525m and launched formally from offices in Toronto and London. Mark Machin, Mark Shulgan and Ajay Agrawal founded the firm in 2023, and it already holds nine portfolio companies, among them Physics…

Open Cosmos raises €300M to scale satellite manufacturing across four European factories
Open Cosmos raises €300M to scale satellite manufacturing across four European factories

UK – Open Cosmos has raised €300M to expand satellite mass manufacturing and build out the connectivity and data services it runs on top of its own constellations, in a round led by European investors. The round was led by Lightrock with ETF Partners, …

Firmus is seeking $5bn in its Australian float after doubling its valuation to $10.5bn
Firmus is seeking $5bn in its Australian float after doubling its valuation to $10.5bn

Firmus is seeking up to $5bn in its listing on the Australian Securities Exchange, according to Bloomberg, which would make it one of the largest floats the exchange has handled. The figure the company was working with in April was $2bn, at a valuation…

Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds
Z.ai raises $5bn in Hong Kong including $3bn of zero-interest bonds

Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn came from placing 21.97 million new shares at HK$714, about 10 percent below the previous close. The other $3bn came from RMB 20.14bn o…

The UAE plans to invest €40bn in Germany, including 1GW of data centres
The UAE plans to invest €40bn in Germany, including 1GW of data centres

The United Arab Emirates plans to invest €40bn ($46.4bn) in Germany, including in new data centres with a combined capacity of about one gigawatt. The two countries announced the package in a joint declaration on 10 September. UAE President Sheikh Moha…