
Newsletter
The Invisible Hand Just Got a WalletThe Future of Tech
News & Insights
Tech Companies to Watch: Startup news and deals from the last week
Big Movers: The Big tech movers, shakers and partnerships this week
Making Waves: Companies making a buzz in the Tech world
Open Deals: Startups raising capital this week
In The Money: Significant raises last week and why they matter
Exit Watching: Mergers & Acquisitions and IPOs
The Funding Buzz: VC & PE Activity To Watch
Big tech moves, movers and trends to watch this week
Nvidia — Reported 44.06B in Q1 revenue, with $7.06B in Q1 revenue, with a $734.5B charge from China export restrictions, the stock rose. The CEO highlighted AI's role as global infrastructure, projecting $45B for the next quarter.
Oracle — Investing $40B in Nvidia chips for OpenAI's new data center under the Stargate project to enhance U.S. AI infrastructure while reinforcing Nvidia's AI chip market dominance.
Trump Media — Plans to raise 2.5B by selling $2.5B by selling $1.5B in common stock and $1B in convertible senior secured notes to ill create a BTC treasury and enhance operations in the America First economy.
Tesla — The EV giant plans to launch its robotaxi service on June 12, following successful self-driving tests. CEO Elon Musk confirmed his exit from DOGE to focus on Tesla, boosting analyst confidence.
Honor — The Chinese smartphone maker is investing $10B in AI to pivot towards an AI-focused ecosystem partnering with Unitree Robotics.
Apple — Its’ satellite plans face hurdles due to carrier partnership issues and a rejected offer from Elon Musk for exclusive satellite connectivity. Is also enhancing its mobile gaming focus by acquiring RAC7, its first game studio.
Amazon ZeroOne — Launched a new hardware group led by former Xbox leader J Allard, it is set to develop cutting-edge hardware and software, including smart-home technology, and other consumer products.
xAI — Elon Musk's AI company partnered to integrate Grok into Telegram for its billion users in a $300M cash and equity deal plus 50% of subscription revenue. Toncoin's value increased by over 20%.
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Startups, trends and signals to watch in the USA this week
Clark — The AI Agent for building internal enterprise apps secured $60M to help users create secure production-ready apps adhering to enterprise standards. Users including Instacart & Carrier have saved an average of $5M.
Karat Financial — San Francisco startup launches a business banking product for creators, offering a free checking account and a premium option with higher interest rates. Aims to address financial challenges faced by creators.
Starfish Neuroscience — Gabe Newell's startup is set to launch its first brain chip this year. It promises a smaller, less invasive design than Neuralink's, with capabilities for recording and stimulating brain activity.
Gridcare — The data center capacity optimization startup is leveraging AI to map infrastructure and identify expansion opportunities. It aims to connect data centers with utilities, charging fees based on the capacity they unlock.
SpAItial — Matthias Niessner, a top AI researcher, secured $13M for his startup aiming to develop AI-driven 3D environments from text prompts. Competing with Odyssey and World Labs, It focuses on 3D gaming and other applications.
Odyssey — The world model startup launched an interactive video platform for building immersive experiences, allowing dynamic interaction with video content for entertainment and storytelling.
Godela — A YC-backed startup with ex-Apple, Google, and Intel engineers has unveiled a model leveraging real-world physics data to expedite engineering tasks like aerodynamic design and particle accelerator efficiency.
Palantir — The Denver defense tech company’s stock surged 140% after securing a $795M Pentagon contract to assist the Trump admin's push for centralized federal data efforts.
Anduril and Meta — Anduril and Meta are collaborating to develop AI-powered extended reality devices for the U.S. military that provide real-time battlefield intelligence and enhance decision-making.
Startups, firms or funds raising capital this week
Abridge AI — Specializing in AI solutions for healthcare, the company is raising $300M led by Andreessen Horowitz, boosting its valuation to $5.3B. Khosla Ventures joins the round, following a previous $250M funding earlier this year.
Fifteenfortyseven — Specializes in acquiring and renovating data centers, focusing on smaller facilities like carrier hotels. It is raising up to $600M with $132M already secured and has acquired sites in Hawaii and Indiana.
Horizon3.ai — The cybersecurity startup specializing in autonomous penetration testing is raising $100M at a $750M valuation, with $73M secured. Achieved $30M ARR and recently gained FedRAMP authorization, boosting its federal sales potential.
Omada Health — The virtual care provider specializing in chronic conditions such as diabetes and obesity, plans to go public on Nasdaq with a valuation of up to $1.1B.
Chime Financial Inc. — The San Francisco-based fintech plans to launch its IPO as soon as today, with a target valuation of around $11B. It hit $12.9M net income on $518.7M revenue for Q1 2025.
Circle — The stablecoin provider has filed for an IPO on the NYSE, aiming to raise nearly $250M by offering 24M shares. ARK expressed interest in $150M.
Companies that raised money in the past week and why they matter
Grammarly — The AI productivity tool company secured $1B in nondilutive funding from General Catalyst to boost sales, marketing, and enable strategic acquisitions. It has $700M in ARR.
Neuralink — Elon Musk's brain-computer interface company raised $600M, boosting its valuation to $9B from $3.5B in late 2023.
ClickHouse — The high-speed columnar database startup with 2,000 customers, raised a $350M Series C to enhance its analytics-optimized architecture.
Radiant — The CA-based portable nuclear microreactors startup secured a $165M Series C to support the development of Kaleidos, to replace diesel generators and provide remote power for military uses.
Snorkel AI — The AI model evaluations startup raised $100M to help experts create specialized datasets. It aims to boost AI performance in sectors like healthcare and finance, amid rising competition in the data labeling market.
Prepared — The emergency response tech company raised an $80M Series C led by General Catalyst to enhance AI tools for 911 centers with video, text, and translation capabilities.
Empathy — The support platform for bereavement and grief raised a $72M Series C led by Adams Street and the Empathy Alliance to improve support access and shift societal views on loss.
Hex — The AI-powered data science and analytics company raised a $70M Series C from Avra and a16z to unify workflows and improve collaboration.
CloudZero — The Boston-based cloud cost analytics platform raised a $56M Series C to enhance AI-driven cloud cost optimization and expand integrations. Clients include Coinbase and Klaviyo.
Wander — The Vacation rental startup focused on premium properties and AI-driven operational efficiency, raised $50M in a Series B to transform the short-term rental market.
Chalk — The real-time AI infrastructure company raised a $50M Series A round to expand its AI applications beyond fintech to healthcare and e-commerce.
Heron Power — The California-based startup, founded by former Tesla executive Drew Baglino, raised $38M in Series A to develop solid-state transformers for grid modernization.
FORE Biotherapeutics — The biotech company focusing on cancer treatments secured a $38M Series D-2 round to advance plixorafenib, a BRAF inhibitor, with a global Phase 2 trial and FDA approval.
Conduit — The cross-border payments startup raised a $36M Series A co-led by Dragonfly and Altos Ventures to integrate stablecoins with traditional banking.
Space Forge — The UK-based semiconductor materials startup raised $30M to manufacture advanced materials in space, utilizing unique conditions for fewer defects.
Rillet — A New York startup focused on AI-powered financial statement automation raised $25M in a Series A led by Sequoia to enhance its services for mid-sized businesses.
Context — A NYC-based AI-native office suite raised $11M at a $70M valuation. It aims to enhance productivity by integrating with over 300 tools, revolutionizing document creation and analysis.
Atomic Canyon — This startup, specializing in AI tools for the nuclear industry, raised a $7M in a seed round led by EIP, with participation from several other major investors.
Mergers & Acquisitions and IPOs
Salesforce — Acquiring Informatica for $8B to enhance its AI-driven platforms, including Agentforce and Data Cloud and bolster its AI-data platform capabilities.
VC & PE Activity To Watch
Humain — The new Saudi state-owned AI company, plans a $10B venture fund to invest globally and aims to process 7% of global AI training by 2030.
Cathay Innovation — The VC firm launched the largest EU AI-focused fund to invest in vertical AI across sectors like healthcare, fintech, and energy, fostering industry-innovation collaboration.
Fifteenfortyseven — The firm is raising up to $600M to acquire and renovate underutilized data centers, focusing on smaller facilities to meet growing demand for localized data infrastructure.
Zeal Capital Partners — The firm closed a new $82M fund to invest in at least 25 early-stage companies, focusing on fintech, healthcare, and the future of work, despite a tough funding climate.
Planeteer Capital — The firm raised a $54M fund to invest in early-stage climate-tech startups, promoting innovation in sustainable technologies.
Outset Ventures — The firm raised $25M to support New Zealand's deep tech startups, focusing on energy solutions, aiming to tackle global challenges.
Agents Raise $2,000 — Four different AI agents collaborated to raise $2,000 for charity in 30 days, highlighting AI's potential use for raising funds.
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FOR INVESTORS
Open Deals
Investors– request an intro to startups - invest@techbuzz.ai.
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