New York-based Traversal raised a $120M Series B at a $1B valuation to build AI that diagnoses and fixes software outages. Here is what it means for vendors selling into the company.
San Francisco-based Fal raised a $1.3B Series F led by Bessemer at about $16B, double its April valuation. Here is what the money means for vendors selling into a fast-growing inference platform.
Three Chinese hardware-heavy startups raised about $450M in the last week of October: AI inference infrastructure, in-memory AI chips and brain-computer interfaces.
Seoul-based FuriosaAI closed a $620M Series D at a $2.9B valuation on 28 October. Here is what the money means for vendors selling into an AI chipmaker that is scaling production.
Three manufacturing and robotics companies raised $2.8B between them in the last week of October. That money will go to factories, machines and software.
Two of the largest rounds of late October went to a prediction-market exchange and an enterprise AI lab. Here is what each raise means for the vendors who sell to them.
There is a version of resilience that looks impressive from the outside. Bad news arrives. The person absorbs it, finds the lesson and returns to work before anyone notices a change. Real adaptation is often less polished. Someone reaches the end of an ordinary Tuesday, stops holding the day together, cries, goes quiet or admits … Read more
Resource Hubs: For more on funded company intelligence and decision-maker data, browse the Growth List database of recently funded startups, or read our other features on milestone moments in science and technology. Christina Koch and Jessica Meir clipped their tethers to the outside of the International Space Station in October 2019 and floated into vacuum … Read more
Resource Hubs: For more on founder-driven companies and the families behind them, see Growth List’s coverage of the largest private companies in America, multigenerational family businesses, and recently funded startups backed by founder capital rather than venture money. In 1966, Forrest Mars Sr. agreed to a single sit-down interview with Candy Industry & Confectioner’s Journal. … Read more
Explore more from the Growth List Resource Hubs: curated reads on startup data, founder behaviour, and the strange edges of human experience that intersect with how we work and build. Doug Wheelock spent time aboard the International Space Station, and when he climbed out of his Soyuz capsule onto the Kazakh steppe, the thing that … Read more
Asa Candler walked into a Fulton County, Georgia courthouse in 1888 and within five years he had spent roughly $2,300 buying out every remaining claim to the formula a morphine-addicted pharmacist named John Pemberton had cooked up in a brass kettle in his Atlanta backyard. Candler didn’t care much about the syrup. He cared about … Read more
Mervin Kelly, an executive who ran Bell Labs during the post-war era, made researchers walk to lunch. The dining room sat at the far end of a long corridor in Murray Hill, New Jersey, and the route was deliberate. A solid-state physicist heading for coffee would pass a metallurgist, a vacuum-tube engineer, a topologist working … Read more