JPMorgan deploys $230 billion in economic security financing
JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...
Tenstorrent raises $1.5 billion at $6.2 billion valuation
AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier th...
Town raises $108m at $1bn valuation for workplace AI assistants
Town announced a $108m Series B on Monday at a $1bn valuation, co-led by Forerunner Ventures and Menlo Ventures. Existing investors a16z and First Round Capital also participated. The startup connects individual AI assistants to ...
Nouscom closes €120 million financing for cancer vaccine trial
Swiss biotech Nouscom has closed a €120 million ($135 million) Series D financing to take its NOUS-209 cancer vaccine through a pivotal clinical trial, pharmaphorum reported. M Ventures and Revelation Partners led the round, with ...
PLD Space begins system-level testing of Miura 5 orbital rocket
PLD Space says it has begun system-level testing of its Miura 5 orbital rocket, with a fully assembled second stage at its Teruel test site in Spain. The stage will undergo a practice countdown using real propellants, followed by ...
Li Auto announces 1.625bn yuan financing for chip subsidiary
Li Auto has announced agreements for 1.625bn yuan ($242.86m) in equity financing for Shanghai Mahe Xin Technology, its chip and domain controller business. Li Auto will provide 1bn yuan through a wholly owned subsidiary, while ext...