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Mistral Raises €3B to Make Sovereign, Open-Weight AI the Technology Frontier
Mistral, the Paris-based AI company, led by Arthur Mensch, Guillaume Lample, and Timothee Lacroix, has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch. Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity. Advent, funds and accounts m
3 minutes ago
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Mistral Raises €3B to Make Sovereign, Open-Weight AI the Technology Frontier
Mistral, the Paris-based AI company, led by Arthur Mensch, Guillaume Lample, and Timothee Lacroix, has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch. Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity. Advent, funds and accounts m
3 minutes ago
AI Visibility Is Becoming the New Front Door for Startups
By Julia Maslennikova, founder & CEO of 25/8 PR, an international agency for startups & tech companies. This is an Op-Ed on Operators' Stack, Menlo Times. A startup can create an excellent product and successfully build its media presence, yet still go unnoticed when a potential customer asks an AI for information about it. I see this as a real business problem, since people are increasingly using ChatGPT and other LLMs to search companies, compare products, and decide who t
2 hours ago
Molten Ventures Announces £175m First Close of Molten Growth Fund with Cornerstone Commitment from British Business Bank
Molten Ventures, a leading venture capital firm with a 20-year track record of investing in and developing disruptive high-growth technology companies across Europe and the UK, announced the first close of its Growth Fund at £175 million. The British Business Bank has committed £75 million as a cornerstone investor. Molten Ventures has committed the remaining £100 million of the first close and will continue to seek additional investors, with the aim of growing the Growth Fun
18 hours ago
Product Hunt Top Products of the Week, Aug 31 - Sep 6
1) Kilo Code: Kilo Code is an open-source agentic engineering platform. They have launched Kilo Code for JetBrains: a fully native, open-source coding agent for IntelliJ IDEA, WebStorm, PyCharm, GoLand, Rider, PhpStorm, CLion, RubyMine, and any JetBrains IDE. Know More At: kilo.ai 2) Monid: Led by Shengkun Ye and Feiyou Guo, Monid is OpenRouter for agent tools. Know More At: monid.ai 3) OpenAI: They have launched GPT-6 Astra. Know More At: openai.com/index/gpt-6-astra 4) Brow
23 hours ago
Pixxel Raises $100 Million in Series C Funding to Build the Infrastructure for a Changing Planet
Pixxel, the planetary infrastructure company, led by Awais Ahmed, Kshitij Khandelwal, and the team, has announced the close of its $100 million Series C funding round, co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset, IMM Investment, and existing investors Radical Ventures, growX ventures, and others. The round brings Pixxel’s total funding to $195 million. The investment also marks the single largest funding round raised by a space technolo
1 day ago
AI & Robotics
Mistral Raises €3B to Make Sovereign, Open-Weight AI the Technology Frontier
Mistral, the Paris-based AI company, led by Arthur Mensch, Guillaume Lample, and Timothee Lacroix, has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch. Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity. Advent, funds and accounts m
3 minutes ago2 min read
Mistral Raises €3B to Make Sovereign, Open-Weight AI the Technology Frontier
Mistral, the Paris-based AI company, led by Arthur Mensch, Guillaume Lample, and Timothee Lacroix, has raised €3 billion in a Series D funding round at a post-money valuation of more than €21 billion, the largest equity fundraising round ever completed by a European technology company, three years after the company's launch. Samsung Electronics led the round, joined by co-leads Scaleup Europe Fund, managed by EQT, and existing investor PSG Equity. Advent, funds and accounts m
AI Visibility Is Becoming the New Front Door for Startups
By Julia Maslennikova, founder & CEO of 25/8 PR, an international agency for startups & tech companies. This is an Op-Ed on Operators' Stack, Menlo Times. A startup can create an excellent product and successfully build its media presence, yet still go unnoticed when a potential customer asks an AI for information about it. I see this as a real business problem, since people are increasingly using ChatGPT and other LLMs to search companies, compare products, and decide who t
Gimlet Labs Announces Series B
Gimlet Labs, an applied research lab dedicated to building next-generation AI infrastructure, led by Zain Asgar, Michelle Nguyen, Omid Azizi, Natalie Serrino, James Bartlett, and the team, has announced $300M Series B raise, led by Andreessen Horowitz and joined by Sapphire Ventures, Menlo Ventures, 645 Ventures, Arm, Eclipse, Emergence, Factory, Hudson River Trading, M12, OnePrime Capital, Prosperity7, QuantumLight, Samsung Ventures, Tiger Global Management, Triatomic, Wing
iPronics is Scaling Programmable Optical Networking for AI Data Centers with New Funding
iPronics, a pioneer in silicon photonics-based optical circuit switching for AI infrastructure, led by Christian Dupont, Daniel Pérez-López, and the team, has announced $125 million in Series B funding co-led by Maverick Silicon and Light Street Capital. NVIDIA joined the round, with participation from new and existing investors including Triatomic Capital, Bosch Ventures, Catalight Capital, European Innovation Council Fund, The Tate Family Trust, Fine Structure Ventures, Ama
HiddenLayer Raises $100M Series B to Advance Trustworthy AI
HiddenLayer, the most comprehensive security platform for AI, led by Chris Sestito, Tanner Burns, James Ballard, and the team, has announced a $100 million Series B funding round led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, M12, Microsoft's Venture Fund, and Booz Allen Ventures. The company will use the funding to expand its enterprise platform, including Agentic Runtime Security and Agent Harness Security, a new solution designed to se
Conveo Raises $50M to Help Fortune 500 Brands Understand What Consumers Want Next
Conveo, a qualitative research platform that conducts in-depth, AI-moderated interviews, led by Dieter De Mesmaeker and Hendrik Van Hove, has announced a $50 million Series A funding round from DST Global Partners, Balderton Capital, Visionaries, 6 Degrees Capital, and Y Combinator. The round brings total funding to $55.8 million and will drive its U.S. expansion as Conveo evolves from a research tool into infrastructure the entire enterprise runs on. More than 400 enterprise
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Fintech
Standard Metrics has Raised $20M in Series B from Its Customers to Accelerate Innovation in the Private Markets
Standard Metrics, an AI‑driven portfolio management platform, led by John Melas-Kyriazi and Deny Khoung, has raised a $20M Series B led by 8VC. Other investors in this round include Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten Ventures, Calm Ventures, Gaingels, and more. The company has raised roughly $50M to date, and most of that capital has come from its customers. Why Standard Metrics Exists. Founded in 202
Standard Metrics has Raised $20M in Series B from Its Customers to Accelerate Innovation in the Private Markets
Standard Metrics, an AI‑driven portfolio management platform, led by John Melas-Kyriazi and Deny Khoung, has raised a $20M Series B led by 8VC. Other investors in this round include Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten Ventures, Calm Ventures, Gaingels, and more. The company has raised roughly $50M to date, and most of that capital has come from its customers. Why Standard Metrics Exists. Founded in 202
Aug 25
Silicon Data Raises $30.5 Million Series A to Build the Independent Benchmark Layer for the AI Compute Economy
Silicon Data, providing GPU performance data for companies, led by Carmen Li, and the team, has announced a $30.5 million initial closing of its Series A, led by the Valor Atreides AI Fund, with additional investment from CME Ventures, DRW, F-Prime, Samsung Next, VanEck, Further, Jump, Tectonic, and Wintermute. Breed, Hack, Blank VC, Sancus Ventures, and SoGal Ventures also participated. The Series A will support expansion across four areas: benchmark pricing, performance mea
Aug 20
Kita Raises $4.5 Million to Help Lenders Underwrite the Borrowers' Credit Bureaus Miss
Kita, an AI-native credit assessment built for lending globally, led by Carmel Limcaoco and Rhea Malhotra, has raised $4.5M in seed funding led by BoxGroup, with participation from Y Combinator, Golden Gate Ventures, US News Digital Ventures, BEENEXT, Kaya Founders, Genting Ventures, and Apex Star Capital, the family office of Xiaomi co-founder Lin Bin. The round is supported by angels including Shivani Siroya (Tala), Kaz Nejatian (Opendoor), Linda Du (Valon), Kulveer Taggar
Aug 19
Axle Announces $17.5M Series A Led by Base10
Axle, building AI agents to automate insurance workflows led by Cameron Duncan, Nihar Parikh, and Armaan Sikand, has announced $17.5M in Series A funding led by Base10 Partners, with continued investment from Y Combinator and Gradient Ventures, and participation from Stage2 Capital, Chris Bayley (Co-Founder and CEO of Cover Genius), and other industry angel investors, joined by existing investors, including the early team at Plaid. Over the past six months, Axle has tripled t
Aug 12
River Markets Announces $8.5M Seed Round
River Markets, building prime brokerage for prediction markets, led by Oscar Levy and Antonin Parrot, has announced $8.5M seed round led by Haun Ventures, with participation from Y Combinator, Coinbase Ventures, UFO Holdings, Qube Research & Technologies (QRT), TENET, Humbition, Kima Ventures, Cherry Ventures, Stack Asset Management, Perpetual Strategies, Mark Kornfilt, Jacob Fortinsky (Novig), and other amazing angel investors from Citadel, Google, HRT, Tower Research Capita
Aug 12
Ellis Emerges from Stealth with More than $10 Million to Build the AI-Native Operating Foundation for Private Credit
Ellis, the AI-native operations platform for private credit, led by Ryan Williams, has launched today with more than $10 million in seed funding closed. First Round Capital led the financing with participation from a group of prominent operators and investors, including Kearny Jackson, 645 Ventures, Harlem Capital, Khosla Ventures, Slow Ventures, Wilshire Lane, Westbound, Collide Capital, Gallery Ventures, Ariel Alternatives CEO Mellody Hobson, Thrive Capital Founder Josh Kus
Aug 1
Venture Capital
Molten Ventures Announces £175m First Close of Molten Growth Fund with Cornerstone Commitment from British Business Bank
Molten Ventures, a leading venture capital firm with a 20-year track record of investing in and developing disruptive high-growth technology companies across Europe and the UK, announced the first close of its Growth Fund at £175 million. The British Business Bank has committed £75 million as a cornerstone investor. Molten Ventures has committed the remaining £100 million of the first close and will continue to seek additional investors, with the aim of growing the Growth Fun
Molten Ventures Announces £175m First Close of Molten Growth Fund with Cornerstone Commitment from British Business Bank
Molten Ventures, a leading venture capital firm with a 20-year track record of investing in and developing disruptive high-growth technology companies across Europe and the UK, announced the first close of its Growth Fund at £175 million. The British Business Bank has committed £75 million as a cornerstone investor. Molten Ventures has committed the remaining £100 million of the first close and will continue to seek additional investors, with the aim of growing the Growth Fun
18 hours ago
Andreessen Horowitz Announces 'The Machine Age Fund'
A16Z has raised $1.1B for its newest fund: the Machine Age Fund, aimed at accelerating the physical buildout of AI. The fund reflects a broader push to bring AI into the physical world, positioning the technology as a powerful tool for solving real-world problems and expanding abundance. AI’s capabilities are expanding rapidly, with systems moving from chat to reasoning, coding, and increasingly complex forms of knowledge work. As utility and demand grow, so does the computat
Aug 29
Einride Founders Launch Navisalma to Turn Europe's Frontier Technologies into Global Leaders
Navisalma, the newly founded European Venture Platform, founded by Einride founders Robert Falck and Linnéa Kornehed Falck, together with previous McKinsey Partner and Material Economics co-founder Robert Westerdahl, announced its launch. Europe does not have an innovation problem. It has a scaling problem. Europe produces world-class science, engineering, and frontier technologies, backed by centuries of leadership in design, craftsmanship, industrial excellence, and quality
Aug 27
RunwayVC Announces Fund II to Back the Next Generation of Industry
RunwayVC, investing in founders shaping industry, led by Tor Bækkelund and the team, has announced the first close of RunwayVC Fund II at NOK 400 million (€40 million). Aker continues as the cornerstone investor, joined by Halliburton, Aker BP and Aker Solutions, institutional investors KLP and Investinor, Norwegian industrial families and a group of experienced technology and finance investors. Fund II reflects more than an increase in capital. It represents a broader convic
Aug 25
South Park Commons Announces $575M Fund IV
South Park Commons, helping the world's most talented technologists discover and build their life's work, announced $575M Fund IV. Since 2016, the firm’s thesis has been that exceptional outcomes emerge when high talent density meets innate curiosity. Its approach focuses on identifying intensely curious builders, bringing them together at the earliest and often most isolating stage of the startup journey, and supporting them through the uncertainty of company building. The f
Aug 6
Highland Europe Raises €1.1B Fund VI to Continue Backing Exceptional Founders at the Growth Stage
Highland Europe, a growth-stage specialist investor, has announced its sixth fund of €1.1B and promoted two new Partners, on the back of generating over €1 billion of liquidity in 2026. The firm will continue backing Europe’s next generation of technology leaders. Founded in 2012, Highland has raised €3.75 billion across six funds, backed more than 80 companies, and completed 30 exits. Notable outcomes include the $3 billion sale of Nexthink, Huel's agreed acquisition by Dano
Aug 1
Deep Tech
Pixxel Raises $100 Million in Series C Funding to Build the Infrastructure for a Changing Planet
Pixxel, the planetary infrastructure company, led by Awais Ahmed, Kshitij Khandelwal, and the team, has announced the close of its $100 million Series C funding round, co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset, IMM Investment, and existing investors Radical Ventures, growX ventures, and others. The round brings Pixxel’s total funding to $195 million. The investment also marks the single largest funding round raised by a space technolo
Pixxel Raises $100 Million in Series C Funding to Build the Infrastructure for a Changing Planet
Pixxel, the planetary infrastructure company, led by Awais Ahmed, Kshitij Khandelwal, and the team, has announced the close of its $100 million Series C funding round, co-led by Temasek and Seraphim, with participation from new investors 360 ONE Asset, IMM Investment, and existing investors Radical Ventures, growX ventures, and others. The round brings Pixxel’s total funding to $195 million. The investment also marks the single largest funding round raised by a space technolo
iPronics is Scaling Programmable Optical Networking for AI Data Centers with New Funding
iPronics, a pioneer in silicon photonics-based optical circuit switching for AI infrastructure, led by Christian Dupont, Daniel Pérez-López, and the team, has announced $125 million in Series B funding co-led by Maverick Silicon and Light Street Capital. NVIDIA joined the round, with participation from new and existing investors including Triatomic Capital, Bosch Ventures, Catalight Capital, European Innovation Council Fund, The Tate Family Trust, Fine Structure Ventures, Ama
Lyte Raises $165 Million Series C Led by Maverick Silicon to Give Robots a Trustworthy View of the World
Lyte, the physical AI perception company led by Alexander Shpunt, Dr. Arman Hajati, and Dr. Yuval Gerson, has announced a $165 million Series C financing led by Maverick Silicon. The round values Lyte at $1.6 billion post-money. The round included Fidelity Management & Research Company, which led Lyte's Series B, along with Atreides Management, Key1 Capital, Ora Global (formerly Exor Ventures), and additional existing and new investors. Total capital raised since the company'
HyImpulse Secures Over €50 Million to Scale Commercial Suborbital and Orbital Launch Operations and Strengthen Europe’s Sovereign Access to Space
HyImpulse, a leading European launch services company developing and providing suborbital and orbital launch capabilities based on a proprietary propulsion technology, led by Dr. Christian Schmierer, Dr. Mario Kobald, Konstantin Tomilin, and Ulrich Fischer, has announced a Series A Extension financing of more than €50 million in equity, co-led by JOIN Capital and Ace Capital Partners, with participation from new investors, including North Ventures, BW-Capital, Bayern Kapital
Northwood Opens Torrance Factory to Mass-Produce Satellite Ground Infrastructure
Northwood, building a global ground network for the future of space communications, led by Bridgit Mendler, Griffin Cleverly, Shaurya Luthra, and the team, opened a new 185,000-square-foot headquarters and factory in Torrance, California, and expanded production of its satellite ground network. The new facility expands the company’s manufacturing footprint more than fivefold, from 25,000 to 135,000 square feet, enabling production of hundreds of antennas annually. The expans
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Security
HiddenLayer Raises $100M Series B to Advance Trustworthy AI
HiddenLayer, the most comprehensive security platform for AI, led by Chris Sestito, Tanner Burns, James Ballard, and the team, has announced a $100 million Series B funding round led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, M12, Microsoft's Venture Fund, and Booz Allen Ventures. The company will use the funding to expand its enterprise platform, including Agentic Runtime Security and Agent Harness Security, a new solution designed to se
HiddenLayer Raises $100M Series B to Advance Trustworthy AI
HiddenLayer, the most comprehensive security platform for AI, led by Chris Sestito, Tanner Burns, James Ballard, and the team, has announced a $100 million Series B funding round led by Delta-v Capital, with participation from Ten Eleven Ventures, Morgan Stanley, M12, Microsoft's Venture Fund, and Booz Allen Ventures. The company will use the funding to expand its enterprise platform, including Agentic Runtime Security and Agent Harness Security, a new solution designed to se
Air Security Emerges Out of Stealth to Protect AI Agents
Air, the context firewall for AI agents, founded by Yair Saban and Niv Hoffman, has announced that it is coming out of stealth. AI With Seatbelts. AI agents are becoming a fundamental part of enterprise knowledge work, with coding agents such as Claude Code, Cursor, and Codex seeing rapid adoption. Yet enterprises remain cautious about deploying them without stronger controls. Organizations face risks from employees using AI through personal accounts, untrusted agent harnesse
Mindgard Raises $30M Series A
Mindgard, the leader in AI security led by James Brear, Dr. Peter Garraghan, and the team, has raised a $30 million Series A financing led by Album VC with participation from Karma Ventures and existing investors .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard plans to use the funding to scale the company across product, engineering, sales, and marketing in response to significant customer demand. Mindgard combines AI security research with offensive securi
Cytix Raises $7M To Take On Cyber Risk Posed By AI-Driven Software Development
Cytix, the security decision layer for software change led by Ben Armstrong and Thomas Ballin, has raised $7M, led by Northern Gritstone, with participation from existing investors, Auriga Cyber Ventures and NPIF II – PXN Equity Finance, which is managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II). The Challenge. Software change is becoming a growing security risk as AI-assisted development, agentic workflows, and continuous delivery outpac
Glow Announces Its Launch
Glow, the endpoint AI company led by Roi Tiger, Omer Singer, Ophir Arie, and the team, has announced its launch with $180M in funding, led by Sequoia Capital, Cyberstarts, Greenoaks, and Redpoint Ventures, with participation from Index Ventures, Swish Ventures, Holly Ventures, Operator Collective, and Lux Capital. Traditional endpoint security has long forced organizations to choose between reacting after threats emerge or restricting business operations to reduce risk. As AI
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