Startups
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British inference chip developer Fractile raises $720M in funding
Fractile Ltd., a British startup that develops artificial intelligence inference chips, has raised $720 million in funding. Reuters reported today that the Series C round was led by Thrive Capital, Founders Fund, Lightspeed and Redpoint.

Siri co-founder backs Helix for its voice ID tech
Helix, a startup building voice-based identity verification technology that runs on-device, has raised $6.2 million in a funding round led by Chicago Ventures, with Siri co-founder Dag Kittlaus among its backers.

Exclusive: Nubank Alum Raises $14M For Colombia’s Palomma To Tackle Rent Payments, Landlord Financing
Colombia-based startup, Palomma, has raised $10 million in Series A funding led by Mexican venture firm Cometa to expand its financial services business for landlords, tenants and property managers, Crunchbase News has exclusively learned.
AI-driven managed security startup Daylight raises $80M on 40-fold revenue growth
Managed detection and response startup Daylight Security Inc. today revealed that it has raised $80 million in new funding after what it says was more than 40-fold revenue growth over the past year.

OpenAI Acquires Odessia, travel startup created by Sonder founder
OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry.

All 7 Anthropic founders will each cash out about $250M in IPO
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.

Oura to acquire AI-native primary care startup Counsel Health for $625M
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
PuppyGraph raises $10M to let AI agents query enterprise data as a graph
Graph query engine startup PuppyGraph said today it has raised $10 million in new funding to build out its enterprise go-to-market operation. The round follows the general release of version 1.0 of its software.
PitchBook opens its platform to startups for free and debuts Origin deal sourcing service
Private markets data provider PitchBook Data Inc. today opened its platform to startups for free at Web Summit in Lisbon. Those that sign up have to share their financials. Some of that information will reach investors through the company's new deal sourcing service, PitchBook Origin.

AI hardware startup Nominal triples valuation to $3B in 8 months
Nominal, a startup that offers an AI platform for hardware engineering and claims Anduril as a major customer, has raised another big round of financing that triples its valuation.
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