Sep 30, 2026
Prediction market platform Kalshi is in advanced discussions to raise approximately $1 billion in funding that would value the company at roughly $40 billion, nearly double its May 2026 valuation of $22 billion. Tiger Global and Dragoneer are reportedly in talks to lead the financing.
Venture capital investment in crypto and blockchain companies reached $5.68 billion across 384 deals in the second quarter of 2026, representing a 31% increase from Q1 and a 10% rise in deal count, according to Galaxy Research.
Chinese internet company ByteDance has completed a $290 million fundraising round for its artificial intelligence drug discovery unit after spinning it off as a separate entity called Anew Labs. The funding values the newly independent company at $1.5 billion.
Factory, a San Francisco startup building autonomous AI agents for software engineering, closed a $200 million funding round that values the company at $5 billion. The valuation represents more than triple the $1.5 billion valuation from its previous round five months earlier.
AI company Anthropic has informed its backers it will be profitable this quarter, marking its second consecutive profitable quarter as it prepares for a blockbuster IPO and moves to address investor concerns about cash burn at frontier AI companies.
Nasdaq's venture arm is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, valuing the firm at $21 billion. Kraken will distribute tokenized Nasdaq-listed stocks that carry the same voting rights as traditional shares.
Antioch Inc., a year-old startup, secured $32 million in Series A funding led by Greylock to expand its cloud-based simulation platform that enables robot testing without real-world data collection. The funding will support product development and engineering hires as the company offers an alternative to billion-dollar real-world data approaches.
Healthcare automation startup Forus raised $150 million in a Series C round led by Bain Capital Ventures, tripling its valuation to $3 billion in approximately four months. The company uses AI to accelerate patient access to specialty medicines.
NavigateAI, founded by former Opendoor CEO Eric Wu, emerged from stealth in May with $25 million in funding from Elad Gil and Khosla Ventures. The company is developing AI copilots that provide real-time, hands-free guidance to construction workers through smartphones and Meta's AI glasses.
Israeli-Dutch AI startup Wonderful has closed a $550 million Series C funding round led by Insight Partners with participation from Salesforce, valuing the enterprise AI automation company at $5 billion. The valuation represents a 2.5x increase from its $2 billion valuation just six months ago.
AI data company AfterQuery reached a $3.2 billion valuation just 18 months after founding, up from $300 million five months ago, making it Y Combinator's fastest company to reach unicorn status in nearly two decades.
Miami-based fintech Felix Pago closed a $200 million Series B round, with $87 million in equity led by Andreessen Horowitz and $113 million in debt. The company enables WhatsApp-based remittances to Latin America, settling most transfers in USDC without users directly handling crypto.
1789 Capital, where Donald Trump Jr. serves as a partner, is leading a $1 billion funding round for prediction market Polymarket at a $21 billion valuation, with the firm contributing approximately $300 million.
San Francisco-based startup Clipto has raised $15 million in equity financing at a $250 million valuation to expand its AI technology that searches through terabytes of video and forgotten files using natural language queries.
Ringg, an Indian startup developing voice AI agents for business communications, has secured $10 million in funding from Peak XV Partners. The company automates routine business conversations across industries, from clinic bookings to abandoned cart follow-ups, capitalizing on India's strong consumer preference for phone-based communication.
Legato, a hearing technology startup, has emerged from stealth mode with $12 million in funding from Neotribe Ventures, Listen, and Village Global to develop AI-powered hearing glasses. The company aims to address the gap in hearing loss treatment, as only 20% of the estimated 50 million U.S. adults with diagnosed hearing loss currently seek treatment.
Alice, an AI trust and security company formerly known as ActiveFence, raised $140 million in a funding round led by Apax Digital. The Israeli company, which is trusted by Anthropic, Google, and Cohere, has grown its AI security business more than 500% and is approaching $100 million in annual recurring revenue.
Crypto and blockchain companies announced approximately $1.298 billion in funding across six disclosed transactions between Aug. 16 and Aug. 22, 2026, with ZeroStack accounting for $1 billion and Ripple raising $275 million.
Rillet, a two-year-old startup building an AI-native accounting platform, raised $100 million in Series C funding at a $1 billion valuation. The funding round was completed in just 48 hours following a routine board meeting that triggered an extraordinary investor rush.
Anthropic is assembling a revolving credit facility exceeding $10 billion ahead of a potential IPO, with lead banks asked to lend about $1.25 billion each. The company is also exploring a $6-7 billion acquisition of Israeli AI startup Decart.
Anthropic's revolving credit facility is expected to rise above its roughly $10 billion target as the AI company prepares for a highly anticipated IPO. The company is also preparing to give CEO Dario Amodei and co-founders shares with extra voting power ahead of the public listing.
AI hardware startup Etched raised $700 million at a $21 billion valuation in a round led by Jane Street, after the quantitative trading firm tested and purchased the company's systems. The valuation doubled from $10.3 billion just weeks earlier.
Groq has raised $350 million to fund its transition from AI chipmaker to neocloud provider offering GPU and AI infrastructure services. The funding comes as the neocloud sector expands with companies like CoreWeave, Nebius, Lambda, and Crusoe competing in the AI infrastructure market.
AI infrastructure startup Groq has raised $350 million in Series A funding at a $3.5 billion valuation, marking a strategic pivot from developing its own AI chips to becoming a neocloud provider offering GPU and AI infrastructure services. Notably, Nvidia has joined the funding round as the company shifts to using Nvidia-powered infrastructure.
Prediction market platform Kalshi is negotiating a funding round that would nearly double its May valuation, according to sources familiar with the matter. The deal comes as Baltimore sued Kalshi over unlicensed sports betting allegations.
Erebor Bank, the crypto-friendly tech-focused bank founded by Palmer Luckey, is close to securing approximately $1.5 billion in funding at an $8 billion pre-money valuation, according to sources familiar with the discussions.
Boulevard Bio emerged from stealth with $65 million in funding from Deerfield Management, co-founded by renowned autoimmune researcher Georg Schett and former Sanofi CSO Frank Nestle. The startup is advancing three antibody programs targeting autoimmune diseases, with its lead candidate BLVD101 in early clinical development for IgA nephropathy.
River AI, founded by xAI co-founder Igor Babuschkin just two months ago, has secured $1.1 billion in a seed/Series A funding round led by General Catalyst and AMP PBC, with participation from Nvidia and AMD. The startup aims to make customized AI models faster, cheaper, and more accessible to developers and companies.
California-based Applied Compute, which helps companies develop and deploy open-weight AI models, is in talks to raise hundreds of millions of dollars at approximately a $3 billion valuation in a funding round led by investor Elad Gil.
Leopold Aschenbrenner's hedge fund Situational Awareness committed $500 million to Source Foundry, a startup developing equipment to ease bottlenecks in advanced semiconductor manufacturing, just days after the fund suffered a 67% loss.
Chinese AI startup DeepSeek has restarted its second funding round targeting 50 billion yuan ($8 billion) at a pre-money valuation of 500 billion yuan ($74 billion), while simultaneously announcing significant price hikes for its services amid surging global demand.
Pathos AI announced two significant licensing agreements for breast cancer treatments: a $2.2 billion deal with China's Alphamab Oncology for bispecific ADC JSKN016 targeting triple-negative breast cancer, and a co-exclusive agreement with AstraZeneca for ERα degrader AZD4241 for ER-positive breast cancer. The company is reportedly planning to raise a Series E round at a $3 billion valuation.
Obsidian Security has raised $85 million in Series D funding led by Crescent Cove Advisors, valuing the AI security startup at $1.1 billion. The company focuses on securing AI agents and non-human identities accessing enterprise data across third-party applications.
Nuclear startup Valar Atomics secured $1 billion in Series B funding led by Sequoia Capital, plus a $200 million credit facility, to shift from demonstrating small reactors to volume production for AI data centers.
Nuclear startup Valar Atomics closed a $1 billion Series B funding round led by Sequoia Capital, tripling its valuation from $2 billion to $6 billion. The company plans to use the funding to shift from demonstrating small modular reactors to volume manufacturing, targeting growing energy demands from artificial intelligence.
Ripple announced strategic investments in two UK-based fintech companies, ZILO and Licuido, to bring regulated transfer agency, issuance, and collateral mobility infrastructure to the XRP Ledger for tokenized capital markets.
OLIX, a two-year-old London-based AI chip startup founded by 25-year-old school dropout James Dacombe, has raised $312 million in Series B funding at a $3.3 billion valuation, tripling its previous valuation. The round was led by Fundomo with participation from Arm, Hudson River Trading, and Netflix co-founder Reed Hastings.
Xsight, a nine-year-old Israeli startup developing server networking and storage chips that connect GPUs, has secured $300 million in funding amid growing demand for data center infrastructure supporting AI workloads.
Simile, a startup developing AI-powered digital replicas of real consumers for market research, has secured $200 million in funding at a $2 billion valuation in a round led by Greenoaks. The company's 'agentic twins' allow businesses to survey AI stand-ins instead of actual people.
Atoms, Travis Kalanick's robotics company, raised $1.7 billion in a funding round led by Andreessen Horowitz. Ben Horowitz will join the company's board, with participation from Bain Capital and Fifth Wall.
Galaxy Digital launched the Bitcoin Quantum Readiness Initiative, committing up to $5 million in developer grants for post-quantum cryptography solutions and establishing an advisory council to prepare Bitcoin for potential quantum computing threats.
Micron Technology announced a comprehensive strategic agreement with AI company Anthropic covering memory and storage architecture design, supply commitments, enterprise adoption of Claude AI across Micron, and a strategic investment in Anthropic's Series H funding round. Micron shares rose more than 4% following the announcement.
AI pioneer and AMI Labs founder Yann LeCun told CNBC that Elon Musk's xAI is a 'failure' unable to compete at the AI frontier, while warning that AI labs face a 'big bubble explosion' as investor subsidies cannot continue indefinitely.
World model AI startup Odyssey ML, founded by self-driving vehicle pioneers, secured $310 million in funding at a $1.45 billion valuation. The round was backed by Amazon, Nvidia, AMD, CIA-linked fund IQT, and Google chief scientist Jeff Dean.
Prometheus, the industrial AI startup led by Jeff Bezos and former Google executive Vik Bajaj, has raised $12 billion in Series B funding at a $41 billion valuation, marking one of the largest private financings in the AI sector.
Digital Asset Holdings secured $355 million in funding led by Andreessen Horowitz, with participation from HSBC, Apollo, CME, BNP Paribas, Abu Dhabi Investment Authority, and over 20 other institutional investors. The round values the Canton Network blockchain developer at approximately $2 billion and will fund expansion of its institutional tokenization infrastructure.
Suno has raised $400 million led by Bond Capital at a $5.4 billion valuation, doubling its value from seven months ago. The funding comes as the company faces ongoing litigation from major record labels over copyright issues.
Chinese AI startup DeepSeek is close to finalizing approximately $7 billion in funding from investors including Tencent Holdings, CATL, NetEase, and JD.com, in one of China's largest startup financings. The round would value the company at between $52-59 billion.
German industrial robotics startup Agile Robots is in discussions to raise approximately $800 million in new funding from backers including SoftBank Group, as investors seek companies deploying artificial intelligence in physical robotics.