Startups

2 min read 315 views

MatX Secures $500 Million to Build AI Chip Accelerators Promising 10x GPU Performance

MatX, a semiconductor startup designing custom accelerators for large language model training, closes a $500 million Series B led by Jane Street — claiming its chips deliver roughly 10x the performance of current GPUs for transformer workloads.

Feb 25

2 min read 551 views

Callosum Raises $10.25 Million Seed to Orchestrate AI Workloads Across Chip Architectures

London-based Callosum, co-founded by Cambridge neuroscientists, raises $10.25 million in seed funding led by Plural to build software that intelligently distributes AI workloads across Nvidia, AMD, Intel, and custom accelerator chips.

Feb 24

3 min read 541 views

Former GitHub CEO Raises Record $60M Seed Round for AI Code Governance Startup Entire

Thomas Dohmke, former CEO of GitHub, launches Entire with a $60 million seed round at a $300 million valuation, building open-source tooling that links AI-generated code with the prompts and execution traces that produced it.

Feb 22

3 min read 242 views

Taalas Raises $169M to Build Model-Specific AI Chips That Outperform Nvidia H200 at 1/10th the Power

Toronto-based Taalas raises $169 million to etch AI model weights directly into silicon, claiming 73x more output tokens per second than Nvidia's H200 GPU at one-tenth the power consumption for its Llama-optimized inference chip.

Feb 22

3 min read 381 views

ChipAgents Raises $74 Million to Scale AI-Driven Chip Design with TSMC-Backed Funding

ChipAgents closes a $50 million oversubscribed Series A1 led by TSMC-backed Matter Venture Partners, bringing total funding to $74 million, as 80 semiconductor companies adopt its AI agent platform for chip design.

Feb 21

2 min read 251 views

Temporal Raises $300 Million Series D at $5 Billion Valuation to Power AI Agent Infrastructure

Temporal closes a $300 million Series D led by Andreessen Horowitz at a $5 billion valuation, positioning its open-source workflow orchestration platform as the reliability layer for enterprise AI agent deployments.

Feb 20

3 min read 677 views

Skild AI Raises $1.4 Billion as Robotics Foundation Model Startup Triples Valuation to $14 Billion

Pittsburgh-based Skild AI closes a $1.4 billion Series C led by SoftBank, backed by Nvidia and Jeff Bezos, tripling its valuation to $14 billion in seven months as capital floods into the physical AI space.

Feb 20

2 min read 269 views

Northwood Space Raises $100M Series B and Wins $50M Space Force Contract for Ground Station Network

Ground station startup Northwood Space closed a $100 million Series B co-led by Washington Harbour Partners and Andreessen Horowitz and simultaneously won a more than $50 million U.S. Space Force contract to support satellite control operations.

Feb 19

2 min read 517 views

Temporal Raises $300M Series D at $5B Valuation for Durable Workflow Execution Platform

Temporal Technologies has closed a $300 million Series D led by Andreessen Horowitz at a $5 billion valuation, citing 380 percent year-over-year revenue growth and over 20 million monthly installs of its open-source durable execution platform.

Feb 18

2 min read 351 views

Render Raises $100M at $1.5B Valuation to Build Cloud Platform for AI-Native Apps

Cloud platform Render has raised $100 million in a Series C extension at a $1.5 billion valuation, bringing total funding to $258 million as the company targets 4.5 million developers building AI-native applications on its unified deployment platform.

Feb 18

2 min read 521 views

Heron Power Raises $140M to Build Solid-State Transformers for AI Data Centers

Heron Power, founded by former Tesla SVP Drew Baglino, announced a $140 million Series B led by Andreessen Horowitz and Breakthrough Energy Ventures to build a 40-gigawatt U.S. manufacturing facility for solid-state transformers targeting AI data center power infrastructure.

Feb 17

2 min read 497 views

Google's $32B Wiz Acquisition Clears EU Antitrust Review Unconditionally

The European Commission granted unconditional approval for Alphabet's $32 billion acquisition of cloud security firm Wiz on February 10, 2026, clearing the final major regulatory hurdle and setting the deal on course to close in March 2026.

Feb 17