Cascade raises $3.5M to help construction firms find and win projects
a16z Speedrun, Ada Ventures, and Snowball VC have invested in Cascade’s $3.5 million seed round.
Bluecore Energy raises $10M to build portable nuclear reactors on barges
Maritime nuclear energy startup Bluecore Energy has raised $10 million in a pre-seed funding round led by Slauson & Co.
Inference startup Infinity raises $15M from Touring Capital, OpenAI and Athropic researchers
AI infrastructure company Infinity announced Monday a $15 million raise at a $100 million valuation from investors including Touring Capital, Principal VC, and researchers from companies such as OpenAI and Anthropic.
AI-powered travel agency Fora hits unicorn status, raises $60M
Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion.
Moonshot’s upcoming Kimi 3 is expected to close the gap with Anthropic’s Opus 4.8
The FT reports Kimi K3 will be the largest open AI model from China, with a parameter count between 2 trillion and 3 trillion.
DeepSeek reportedly in talks to raise $1.5B, then IPO
DeepSeek, the Chinese large language model developer, is said to be preparing for a 2027 IPO debut as it also looks to raise around $1.5 billion in new funds at a $71 billion valuation.
Phia accused of ‘cookie stuffing,’ taking affiliate credit on purchases it didn’t earn
Phia, the shopping startup founded by Bill Gates’ daughter, Phoebe, and her friend, Sophia Kianni, is under fire for a practice known as “cookie stuffing,” which helped the product receive commissions and credit for sales…
Mercor is in talks for a $20B valuation
A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups
Paradigm, the VC firm founded in 2018 to back crypto startups, raised a $1.2 billion Fund III.
Solo GP Ashley Smith announces second $25M fund to back startups in AI, security and more
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.