Torus says it raised $500 million for combined battery and AI computing product
Energy-storage startup Torus said it raised $500 million in funding to help launch a product that combines batteries with artificial-intelligence computing. The product is the size of a shipping container, bringing energy storage and computing into one unit.
Sennder details €228 million financing package for freight operations
Digital freight forwarder sennder has secured a €228 million financing package, EU-Startups reported. It includes €73 million in equity accumulated over the past two years and €155 million in institutional financing, rather than an entirely new equity round.
Course Corrected closes €80 million fund for European technology startups
Stockholm-based venture capital firm Course Corrected has reached the final close of its second fund at €80 million, EU-Startups reports.
Fractile raises $720M at reported $7B valuation
London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund and other investors, the Financial Times reported, citing sources. The funding values the company at $7B after the investment, up from approximately $1.1B in May.
Plurai raises $13 million for simulations that test business AI agents
Plurai said Wednesday it raised $13 million in seed funding for a platform that simulates companies' digital systems to test and improve AI agents. Team8 led the round, with participation from U&I, Velocity and Mercer, TechCrunch reported.
Rox raises $100M Series B at $1.3B valuation
Rox raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation, Fortune's Morgan Chittum reported. The company develops AI agents that automate customer research and outreach, placing the financing in the market for enterprise sales automation.

