Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
NEXA Lending has acquired UMortgage, adding more than $2 billion in annual mortgage volume and bringing founder Anthony Casa into NEXA as an Executive Partner. UMortgage will keep its brand while gaining access to NEXA's lender network, infrastructure, and agentic AI platform.
Hugging Face is exploring a sale that could value the company at $13 billion or more. Talks are early, and no bidder has been named.
XPENG Robotics raised over $900 million at a valuation above $6.3 billion to fund humanoid robot research, production facilities, and global expansion for its IRON robot.
NVIDIA is in talks to invest in Perplexity AI in a funding round that would value the startup at more than $30 billion. The round would raise Perplexity's valuation by more than 50 percent from its prior financing.
Alibaba Group launched a HK$80 billion, or $10.2 billion, share placement in Hong Kong and plans to use the proceeds for AI capabilities including chips, infrastructure and model deployment.
Apollo Atomics raised $31 million in seed financing led by FCVC to commercialize factory made pressurized water reactors for data centers, industrial sites, utilities, and other large energy users.
Twin1 has raised $20 million in seed funding to build AI digital twins that can answer questions and handle some workplace tasks for employees.
Unitree Robotics shares closed up 460.3 percent in their Shanghai STAR Market debut, valuing the company at 341.77 billion yuan.
Pixelgen Technologies has closed a $15.5 million Series B round led by Flat Capital to expand commercialization of its Proxiome Kit and add software and data expertise to its board.
MaxQ Medical raised $31.5 million in Series A funding to grow its team and advance clinical work on a transurethral imaging and therapy system for prostate care.
Math Magic has closed a Series A+ round, bringing its total funding across two rounds in six months to nearly $50 million. The company will use the capital for AI 3D technology, product work, and manufacturing and fulfillment infrastructure.
Curve Dental announced a further $200 million investment in Curve Hero and its connected dental software ecosystem. The company said it is nearing $100 million in annual recurring revenue.
CATL and Quinbrook said Phase 2 of the Supernode battery energy storage project in Queensland has begun commercial operation, while Phase 3 reached financial close on AUD 469 million in debt financing.
WhiteFiber plans a $250.0 million private placement of convertible senior notes due 2032. The company intends to use proceeds for data center expansion, GPU servers, potential transactions, working capital, and an exchange of some existing notes.
Queen One raised $25 million to expand its commerce CRM platform, grow its sales teams, and launch an advertising business.
Ours Privacy raised $15 million in Series A funding led by Lightbank and Health Velocity Capital. The company offers a customer data platform for healthcare marketers that is compliant with HIPAA.
TopHat Security raised Series A financing led by Landolt Securities to support its cybersecurity products for operational technology, critical infrastructure, government, and AI environments.
Aprio has launched Aprio Ventures, a strategic investment program focused on AI, automation, and enterprise software for professional services.
Relativity Networks raised $22 million through a SAFE investment and secured a $40 million hyperscaler order for its ChronoCore optical networking technology.
Etched has raised $700 million at a $21 billion valuation, with Jane Street leading the round after testing and buying its AI hardware.
