Latest Startups & Entrepreneurship News
Unconventional AI raises $475M seed to build energyâefficient AI hardware
Unconventional AI closed a $475 million seed round to develop biologically inspired, energyâefficient AI compute systems, marking one of 2025âs largest early-stage AI rounds and underscoring investor appetite for hardware that reduces AI carbon footprints.
Fervo Energy nets $462M Series E to scale nextâgen geothermal
Geothermal company Fervo Energy raised $462 million in a Series E to expand commercial geothermal projects and grid-scale clean power, reflecting heavy VC interest in climate infrastructure.
Serval reaches unicorn status with $75M Series B for AI IT automation
AIâdriven IT automation startup Serval raised $75 million in a Series B led by Sequoia, pushing its valuation to $1 billion as its agents automate large portions of enterprise IT, HR and finance workflows.
Harness raises $200M Series E, valuation climbs to ~$5.5B for AI DevOps
Harness secured $200 million in a Series E led by Goldman Sachs (plus a planned $40M secondary), boosting its valuation by nearly 50% to about $5.5 billion and expanding AI-driven software delivery and DevOps automation tools for enterprises.
Unconventional âAI + climateâ funding trend consolidates as dominant VC theme
Analysis of 2025 funding shows AI and climate tech captured outsized capital, with megaârounds and Q3 gains indicating AIâclimate convergence is reshaping venture priorities and deal sizes.
Kalshi closes $1B round, valuation reportedly rises to $11B
Predictionâmarket platform Kalshi announced a $1 billion raise that sources report lifts its valuation to about $11 billion, signaling continued investor interest in alternative financial and betting marketplaces.
European openâsource AI report urges faster adoption to scale startups
A new StepUp Startups report highlights Europeâs openâsource AI landscape and recommends faster adoption of open models to help local startups scale globally and compete with U.S. and China incumbents.
Crunchy seed/preâseed dynamics in 2025: bigger bets, leaner teams
The seed and preâseed market is shifting toward concentrated capital: about 50% of VC in 2025 went to the top 1% of companies, with AI startups attracting most earlyâstage checks and founders running smaller teams.
COMEUP 2025 in Seoul spotlights global innovation and startup diplomacy
COMEUP 2025 convened global founders, VCs, and policy leaders in Seoul for a threeâday festival focused on crossâborder collaboration, investment and scaling of deep tech and climate startups.
Geekz Ventures unveils 10 startups from 2025 preâaccelerator cohort
Geekz Ventures announced ten graduates from its GROWTH preâaccelerator â including startups focused on creator finance, B2B networking, and grantâsearch tooling â illustrating continued momentum in sectorâspecific accelerators.
Crisp raises $26M Series B1 to expand AI retail planning tools
Retail tech company Crisp closed a $26 million Series B1 led by Paine Schwartz Partners to grow AI features that reduce outâofâstocks, improve eâcommerce revenue, and optimize assortment and space planning.
VC fund launches and closes: Expedition Growth Capital raises $375M
Expedition Growth Capital closed a $375 million fund focused on European software and AI companies, signaling sustained institutional interest in laterâstage and growth investments across the region.