Facts
- HQ
- not asserted in text
- Sectors
- Investment Management
- Founded
- 2019
- Employees
- 36
Temporal Technologies Raises $550M at $12.55B Valuation; Impulse Space Nets $308M as Week’s Largest U.S. Startup Rounds
This weekly roundup lists the top U.S. startup funding rounds, led by a $550M Series E for AI infrastructure firm Temporal Technologies and a $308M investment in space vehicle developer Impulse Space, with most other large rounds focused on AI, data centers, energy and biotech.
Deep Cogito raises $43M Series A led by TQ Ventures to scale enterprise AI model training
Deep Cogito raised $43 million in a Series A led by TQ Ventures to scale model-training infrastructure and build software that adapts open-weight AI models to proprietary enterprise data and workflows. The San Francisco startup, founded by former Google AI search leads Drishan Arora and Dhruv Malrana, has now raised over $56 million and has tested its reinforcement-learning-based methods on models from 3B to 600B+ parameters.
Lumilens raises $700M Series C at $5.51B valuation, cites FCC draft ban on Chinese optical transceivers as market lever
Lumilens raised over $700 million in Series C funding at a $5.51 billion valuation and claims to be shipping optical interconnect transceivers to a major hyperscaler under a multi‑billion, multi‑year agreement. The company's competitive edge relies less on technology than on a draft FCC rule that would ban new Chinese optical transceiver imports, aligning with its commitment to manufacture outside China.
MagicSchool Raises $45M Series B Led by Valor Equity Partners to Scale AI K–12 Platform
MagicSchool raised $45 million in a Series B led by Valor Equity Partners to expand its AI-powered K–12 edtech platform, hire engineering and product staff, build more AI capabilities, and strengthen school partnerships and safety efforts.
El Segundo Nuclear Startup Raises $1 Billion
An El Segundo-based nuclear startup has raised $1 billion.
Fireworks AI Raises $1.505B Series D at $17.5B Valuation as Revenue Tops $1B and Token Processing Hits 40T/Day
Fireworks AI raised $1.505 billion in a Series D at a $17.5 billion valuation and says it now has a $1 billion annualized revenue run rate, processing over 40 trillion tokens per day for customers like Notion, Uber, and DoorDash. The inference startup — founded by ex‑Meta PyTorch lead Lin Qiao — positions cheaper, fine‑tuned models as a scalable enterprise alternative to costly frontier APIs.
Sila raises $300 million to expand Moses Lake silicon-anode plant, aiming to scale from ~2 GWh toward tens of GWh
Sila, a California startup that makes silicon-carbon battery anode materials, raised $300 million to expand its Moses Lake, Washington manufacturing plant and scale production beyond its current ~2 GWh capacity. The funding comes as demand grows for higher-performance batteries in AI-driven markets like drones, space hardware, robotics, EVs and wearable devices.
Coatue Leads $3B Round Valuing Databricks at $188B as AI-Product Revenue Hits $1.7B Run Rate
Databricks has signed a term sheet for a $3 billion funding round led by Coatue Management that values the company at $188 billion, up from $134 billion in February, reflecting investor demand for AI data-infrastructure firms as its revenue run rate tops $5.4 billion and AI-product revenue reaches $1.7 billion.
Fireworks Raises $1.505 Billion Series D at $17.5 Billion Valuation Led by Atreides, Index Ventures and TCV
Fireworks, a San Mateo-based specialized intelligence platform, raised $1.505 billion in a Series D at a $17.5 billion valuation to scale engineering and global compute and deepen cloud partnerships. The round was co-led by Atreides Management, Index Ventures, and TCV with participation from investors including NVIDIA, Bessemer, and Insight Partners.
