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AI Capital

Arda raises $230M at $1.5B valuation for manufacturing AI

Arda raised $230M at a $1.5B valuation, CNBC reported. The startup develops AI software and agents to accelerate assembly line programming and manufacturing automation. OpenAI's former research chief has been building the company with the aim of bringing manufacturing back to the United States.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Infrastructure Products
Infrastructure Products

Amazon commits more than €16 billion to German operations in 2027

Amazon announced plans to invest more than €16 billion ($18 billion) in Germany in 2027, including €4.8 billion to expand its AWS data centre region around Frankfurt. The company also plans a second robotics and AI research lab in...

Capital
Capital

Inspired Capital closes $450 million fourth fund

Inspired Capital closed its fourth fund with $450 million in commitments, co-founder Alexa von Tobel told TechCrunch. The raise brings the New York-based early-stage firm's assets under management to nearly $1.4 billion, following...

Robotics Capital
Robotics Capital

Eka Robotics raises $150 million at $1.45 billion valuation

Eka Robotics closed a $150 million Series A led by a16z and F-Prime, valuing the startup at $1.45 billion post-money, TechCrunch reported. Founded by Pulkit Agrawal and Tuomas Haarnoja, Eka combines a force-sensitive gripper with ...

Products
Products

GCash operator Mynt raises $841M in Philippines' largest IPO

Mynt, the Ant-backed company behind mobile wallet GCash, raised $841M in the Philippines' largest-ever IPO, valuing the fintech company at approximately $7B, The Wall Street Journal reported. Its shares rose as much as 2.4% in Ma...