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...
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 ...
AI companion startup Tolan raises $30 million
Tolan has raised another $30 million from investors including Union Square Ventures, Khosla Ventures and Homebrew, TechCrunch reported, citing Upstarts Media. The round doubles the AI companion startup's total funding; its new val...
Prism Data raises $20 million for credit risk analytics
Prism Data raised $20 million in Series A funding led by Story Ventures, CEO Jason Rosen told Axios. The company provides credit-scoring data and analytics that use bank transaction data to help lenders assess borrowers' credit ri...
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...
