Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg) (opens bloomberg.com)
Avenir and Lux Capital would lead the round, at about $20B, up from $11.5B earlier in 2026.
Re:Build, which spun out Slate Auto, raises $2.1B (opens techcrunch.com)
The manufacturing accelerator, which spun out Slate Auto, bills itself as "America's answer to Shenzhen."
Toronto-based fintech Wealthsimple raised up to CA$425M led by GIC at a post-money valuation of CA$13.8B (opens techmeme.com)
GIC led the round at a CA$13.8B post-money valuation, up from CA$10B in 2025.
Infisical, which helps companies use AI agents without handing over their private credentials, raised a $40M Series B led by Elad Gil at a $600M valuation (opens forbes.com)
Infisical keeps companies' private credentials away from AI agents; customers include Airbus and Volkswagen. Elad Gil led the round at a $600M valuation.
Disruptive raises $10B fund to make big bets on at least 10 companies (opens techcrunch.com)
Disruptive has backed companies like chip startup Groq and voice AI startup ElevenLabs.
Whop raises $200M at $5.1B valuation after shipping three products in three months (opens thenextweb.com)
Sequoia Capital and Shopify Ventures led the Series D; Whop plans offices in Europe and Colombia, Bloomberg reported.
General Compute raises $100 million Series A, countering the neocloud disaster narrative (opens techcrunch.com)
General Compute is betting on inference chips from outside the Nvidia ecosystem.
Nvidia backs Indian startup helping companies run AI models with fewer GPUs (opens techcrunch.com)
Simplismart says its annualized revenue run rate grew fourteenfold in six months, with the US more than half of revenue.
Seattle startup Avante raises $30M to bring AI agents to corporate benefits teams (opens geekwire.com)
Avante says bookings grew nearly fivefold over the past year.
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