Disruptive announces $10 billion fund for late-stage AI and defense bets
Disruptive announced a $10 billion fund Tuesday to back at least 10 late-stage companies, with individual investments of up to $1 billion, TechCrunch reported. The Dallas investment firm is targeting capital-intensive AI and defen...
Re:Build raises $2.1 billion to expand manufacturing and industrial startups
Re:Build has raised $2.1 billion in a round led by General Catalyst and JPMorganChase's Strategic Investment Group. The Massachusetts manufacturing accelerator said Tuesday that it will use the money to expand its capacity to manu...
General Compute raises $100 million for inference cloud infrastructure
General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money, TechCrunch reported. A customer deal worth $100 million in annual recurring r...
ASM raises 2027 revenue forecast to more than €5.7B
ASM International raised its 2027 revenue forecast to more than €5.7B from above €4.6B forecast in July, as memory and advanced AI chipmakers expand production. The chip-equipment maker said the revised outlook would reach its 203...
Anthropic acquires Mithril Medicine and starts its own drug research
Anthropic says it has acquired Mithril Medicine, a one-person company developing treatments for two rare forms of muscular dystrophy, and begun running drug discovery programs itself. Founder Cody Tranbarger is continuing the rese...
Avante raises $30M Series A for employee benefits platform
Avante raised a $30M Series A for its AI platform that helps companies manage employee healthcare and other benefits, GeekWire reported. The financing follows a $10M seed round in 2024 and adds capital to the employee benefits sof...