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Vinci raises $250 million at $1.5 billion valuation

Software startup Vinci said Tuesday it raised $250 million at a $1.5 billion valuation, Reuters reported. The company makes software that simulates elements of chip and other hardware design and is seeking to expand its suite of simulation tools.
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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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Paramount closes $110 billion Warner Bros. Discovery acquisition

Paramount has completed its $110 billion acquisition of Warner Bros. Discovery, creating a combined company called Skydance, The Verge reports. The transaction brings the companies' film studios, streaming services and brands incl...

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DeepSeek reportedly nears funding of at least 80 billion yuan

DeepSeek is close to raising at least 80 billion yuan in a new funding round, Bloomberg reported Tuesday, with Tencent and CATL committing some of the largest sums. The AI lab initially sought about 50 billion yuan; demand increas...

Capital AI
Capital AI

Vinci raises $250M to expand physics simulation software

Vinci announced Tuesday that it raised $250M at a $1.5bn valuation to expand software that predicts how chip and hardware designs behave physically before they are built. Advent, Temasek and Xora Innovation led the round, with Ecl...

Capital AI
Capital AI

Flai raises $27 million for dealership AI software

Flai said Tuesday it raised a $27 million Series A led by Base10 Partners for its AI software serving car dealerships. Investors included Friedkin Group, Findlay Automotive, Toyota's venture arm, Y Combinator and First Round Capit...

Capital
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SignSplit raises $400M from W Group at $1B valuation

SignSplit PBC raised $400M from W Group at a $1B valuation, SiliconANGLE reported. The company offers infrastructure that lets people digitally sign datasets, likenesses and creative works, with the stated aim of helping users pro...

Security AI
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Dimon says cyberattack risks rose 10-fold after Mythos release

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