Legal AI
Harvey Isn't Raising $500m Yet, Just Talking at $15.5B
Annual recurring revenue reached $350m, up from $190m in January. The plan for the money is a legal foundation model of its own.
Aug 9, 2026
#venture funding
Finance AI
A Former Bitcoin Miner Raised $2B at $10.5B, Doubling in 4 Months
Firmus closed a fully subscribed round with Nvidia, Coatue, Blackstone and Jane Street to build AI factories across Australia and Asia-Pacific.
Aug 9, 2026
Finance AI
Hadrian Raised $1.37B at $7.87B, Inside The Valuation
A five-fold markup in twelve months for robot-run defence factories, anchored by JPMorganChase. The company builds parts, not models.
Aug 9, 2026
AI Chips
Lumilens Left Stealth at $5.51B, With Chips Deploying Next Year
The widely quoted $900m is cumulative. The new money is a $700m Series C, raised to put optical I/O directly on the GPU package.
Aug 9, 2026
AI Chips
Olix Raised $312 Million at $3.3 Billion, Naming No Lead
Two trade outlets reported the round as led by Fundomo. The company's announcement lists its investors flat, in a single sentence, with no lead — and prices everything in dollars that some coverage converted into pounds.
Aug 3, 2026
AI Agents
Defense-AI Maker Quantum Systems Raises $1.2 Billion
Europe's largest-ever private defense-tech round values the German drone and autonomy company at about $8 billion, co-led by Blackstone, Airbus and Advent.
Jul 5, 2026
Open Source AI
Together AI Raises $800 Million to Scale Its Open-Model Cloud
The GPU 'neocloud' hit an $8.3 billion valuation as demand for running open-source models in production surges, with Aramco Ventures leading and Nvidia joining.
Jul 5, 2026
