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Nine months after a $180M seed, the year-old lab raised a $1B Series A; The Next Web, citing Bloomberg, says Index Ventures and Lux Capital led. It is building AI models "without ingesting half the internet" and has no product yet.
Bloomberg reports, citing sources, that DeepSeek raised about 100 billion yuan; CATL and Tencent were among the biggest contributors.
Stockholm-based Legora announced a $550M Series E at an $8.8B post-money valuation.
Blacksmith runs continuous-integration infrastructure for building and testing code; its $66M Series C, led by Sequoia, values it at $1B.
Bellevue-based Watchtower Labs, co-founded by a former Marine special-operations officer and two longtime Microsoft engineering leaders, builds AI and simulation software for military logistics planning.
Mach9 started in 2021 building surveying hardware and has pivoted to AI CAD software.
Eindhoven-based Photon Bridge builds laser light sources for optical links in AI data centers; first samples are planned for 2027 and volume production from 2028.
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