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Nuvacore seeks hundreds of millions at approximately $2.5B valuation

Nuvacore is raising hundreds of millions of dollars at an approximately $2.5B valuation, Reuters reported, citing sources. The six-month-old, Sequoia-backed chip startup is designing a new central processor for data centers. It does not yet have a product.
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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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AI Capital
AI Capital

TypeSafe AI raises about $870 million at $7.5 billion valuation

TypeSafe AI has raised about $870 million at a $7.5 billion valuation in a financing led by Andreessen Horowitz, Bloomberg reported. The startup develops Jev, an artificial intelligence model that went viral after launching only a...

Capital
Capital

Ramp reportedly raises about $1.85B at $60B pre-money valuation

Ramp raised about $1.85B in a round led by Dragoneer and Thrive Capital at a $60B pre-money valuation, Bloomberg reported, citing people familiar with the matter. The fintech startup's valuation rose from $44B in June, when it rai...

Products Infrastructure
Products Infrastructure

Oxide raises $445M Series D to fund inventory and manufacturing

Oxide says it has raised a $445M Series D led by Eclipse to fulfill its order backlog, accept additional demand and expand manufacturing capacity. Existing investors including USIT, Riot Ventures and Jane Street participated, whil...

Capital
Capital

Monte Carlo Capital closes €13 million toward second venture fund

Monte Carlo Capital announced a €13 million first close for Fund II, which targets €26 million. The Monaco-based venture firm says the fund has already made five investments and that most investors in Fund I have recommitted. Fun...

Robotics Capital
Robotics Capital

Danu Robotics raises $5 million as recycling robots begin shipping

Edinburgh-based Danu Robotics has raised $5 million in late-seed funding and is shipping its H.E.R.O. recycling robots, TechCrunch reports. The company has $500,000 in signed contracts, letters of interest from two large customers...