MatX Raises $500 Million To Develop AI Chips Competing With Nvidia
Clinton / ventureburn - MatX Accelerates AI Chip Innovation AI chip startup MatX has raised over $500 million to develop hardware that can compete directly with Nvidia. The company was founded in 2022 byThe post MatX Raises $500 Million To Develop AI Chips Competing With Nvidia …
Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19700 / 6 stories in 10 days
UK AI start-up Wayve raises $1.2bn from carmakers and Big Tech
ft - Self-driving group valued at $8.6bn as it gears up to launch robotaxi service in London this year
- OTHER: Emerging AV logistics unicorn Zelos raises $300M+ (1)
- Pilot robotaxi launches in London; Uber to expand globally (3)
- Wayve's huge $1.2B raise and $8.6B valuation (9)
OTHER: Emerging AV logistics unicorn Zelos raises $300M+
Pilot robotaxi launches in London; Uber to expand globally
Wayve's huge $1.2B raise and $8.6B valuation
Back to Top / Tuesday, February 24, 2026, 7:21 pm / permalink 19699 / 13 stories in 10 days
AI accounting startup Basis raises $100M at $1.15B valuation from Accel, GV to automate Big Four drudgery
Vignesh R / techfundingnews - Artificial intelligence is no longer just a back-office tool in finance. It is now directly affecting how accounting…
Back to Top / Tuesday, February 24, 2026, 12:21 pm / permalink 19662 / 3 stories in 10 days
Nimble raises $47M to scale agentic web search platform for enterprise AI
Duncan Riley / siliconangle - Nimble announced today that it has raised $47 million in new funding to accelerate development of its agentic web search platform, expand its multi-agent research capabilities and scale up its governed real-time web data infrastructure for enterprise arti…
Back to Top / Tuesday, February 24, 2026, 11:22 am / permalink 19655 / 3 stories in 10 days
Stripe Reaches Record Valuation as Global Volume Hits $1.9 Trillion
PYMNTS / pymnts - Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. The figure is up from the $106.7 billion valuation the compa…
Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19650 / 9 stories in 10 days
Dutch AI inference chipmaker Axelera AI raises $250M
John Reynolds / tech - A Dutch chipmaker which designs and manufactures chips for AI inference use has raised more than $250m, with backing from new investor BlackRock.Innovation Industries, the European VC fund, is the lea...
Back to Top / Tuesday, February 24, 2026, 10:22 am / permalink 19649 / 5 stories in 10 days
Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg
Omkar Godbole / coindesk - The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.
Back to Top / Tuesday, February 24, 2026, 9:21 am / permalink 19642 / 3 stories in 10 days
Xflow Raises $16.6M from PayPal, General Catalyst and others
Ekemini / ventureburn - Xflow, an Indian startup focused on cross-border payments, just raised $16.6 million in Series A funding. General Catalyst led the round, and PayPal Ventures joined in, along with Lightspeed, Stripe,The post Xflow Raises $16.6M from PayPal, General Cataly…
Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19627 / 3 stories in 10 days
SambaNova steps up its challenge to Nvidia with new chip, $350M funding and a powerful ally in Intel
Mike Wheatley / siliconangle - Chipmaker SambaNova Systems Inc. unveiled its most advanced artificial intelligence processor today as it closed on a bumper $350 million late-stage round of funding from Vista Equity Partners, Cambium Capital and others. Alongside the funding, SambaNova …
Back to Top / Tuesday, February 24, 2026, 6:21 am / permalink 19626 / 6 stories in 10 days
Frankenburg Technologies Raises €30M in Series A Funding
FinSMEs / finsmes - Frankenburg Technologies, a Tallinn, Estonia-based company which specializes in missile systems designed for mass production and rapid regeneration, raised €30M in Series a funding. The round was led by Plural and followed by SmartCap. The raise brought t…
Back to Top / Tuesday, February 24, 2026, 4:20 am / permalink 19623 / 7 stories in 10 days