Insider Brief PhysicsX announced raising $300 million in a Series C funding round to develop its physics AI platform for engineers. The round was led by Temasek and included new investors M&G Investments and Intrepid Growth Partners, alongside existing backers Applied Materials, Atomico, General Catalyst, July Fund, NGP, Nvidia, Radius and Siemens. The latest round […]
ZutaCore, which makes waterless two-phase liquid cooling systems for AI and high-performance computing infrastructure, has closed a $100 million Series C round backed by Mitsubishi Electric, Carrier Ventures, and Samsung Ventures. The funding will support global commercialisation and R&D into thermal management for next-generation chip architectures, with ZutaCore’s platform already designed to handle processors exceeding […]
Insider Brief PRESS RELEASE — Daloopa, the essential data infrastructure for AI and agentic workflows in finance, has announced it has raised $47 million in Series C funding led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners. This funding will accelerate Daloopa’s platform growth as investment firms increasingly move AI […]
Steno, a Los Angeles-based legal technology company specialising in court reporting and litigation support, has closed a $49 million Series C round led by Savano Capital Partners, with continued backing from First Round Capital and The Legal Tech Fund. COO Prabhdeep Singh said the company’s ambition extends beyond simple automation, describing the goal as a […]
Insider Brief PRESS RELEASE — Primer has announced a $100 million Series C funding round, as it continues to build the AI-enabled operating layer for global payments and finance. The round is led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest. You can’t build […]
Digital banking startup Mercury has raised $200 million in a Series D round at a $5.2 billion valuation, the company announced Wednesday.
That’s up 49% from the $3.5 billion valuation it achieved when announcing its $300 million Series C — which included primary and secondary funding — in March of 2025.