Funding rounds
Every Sainteur story on funding rounds, newest first.
Britain's Fractile raises $720 million for AI inference chips
The UK government says the round values the London- and Bristol-based startup at over £5 billion. Reuters reported $7 billion.
Upwind reportedly rejects Datadog's offer because it only matched what its VCs said it was worth
Datadog reportedly offered no premium over the price Upwind's own venture backers had just set. So the backers invested at it instead.
Disruptive's new $10 billion fund is built for about 10 very big bets
The Dallas firm behind Groq and ElevenLabs says it will back approximately 10 growth and late-stage companies with up to $1 billion each, using money from investors it already knows.
Private equity's defense tech rush is a bet on the next buyer, not the battlefield
Buyout firms poured $4 billion into defense growth deals in nine months, per PitchBook. The money is real, but the trade only works if a later buyer pays up for promise.
Former OpenAI science lead Kevin Weil raises $215 million to put robots in drug labs
Warp Sciences trains robots to make and test drug compounds. TechCrunch reports the round values it at $865 million, according to Weil.
OpenAI is raising up to $30 billion at a reported $1.25 trillion valuation
CNBC's sources say UAE investors and Coatue are leading a round pitched as a bridge to a potential IPO. OpenAI declined to comment.
Legal AI startup Legora raises $550 million at an $8.8 billion valuation
The Swedish company says annual recurring revenue now tops $200 million. Its biggest rival, Harvey, raised the same amount at a much higher valuation just weeks ago.