Thursday, June 5, 2025

Fundraising

IXI raises $36.5M from Amazon and others to bring autofocus to prescription glasses

Blink and you’ll miss it: A startup out of Finland is taking a new look at the market for prescription eyewear. Tapping into...

British startup Isembard lands $9M to reshore manufacturing for critical industries

Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to...

PHNX Materials found a way to decarbonize concrete using dirty coal waste

Coal-fired power plants have done their fair share of damage over the past century. From climate change to acid rain, black lung to...

Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation

U.K. startup Marshmallow has blown up over the years by using innovations in data science to build car insurance policies for immigrants and...

Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May

Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering...

OpenAI reportedly mulls buying Jony Ive and Sam Altmans AI hardware startup

OpenAI is said to have discussed acquiring the AI hardware startup that former Apple design lead Jony Ive is building with OpenAI CEO...

Construct Capital raises $300M fund for defense and manufacturing tech

Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its...

OpenAI will reportedly close its SoftBank-led $40 billion round soon

While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close...

Island lands $250M in funding at a $4.8B valuation

Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one...

Browser Use, the tool making it easier for AI agents to navigate websites, raises $17M

We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate...

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