TNW
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- Media, Technology
Stoke Space announces $1B Series E initial close, total funding $2.3B while still pre-flight
Stoke Space raised a $1 billion Series E — bringing its total funding to $2.3 billion — despite not having flown an orbital mission yet; Point72 Ventures and Spark Capital co-led the round. The company says it has completed an initial closing of the round and plans to build a fully reusable Nova launch vehicle with first flight targeted for 2027.
Fortune: Ineffable Intelligence names six nonfounders as cofounders, including four ex-DeepMind hires and an InstaDeep executive
Ineffable Intelligence granted the title of cofounder to six people—four from Google DeepMind, one from InstaDeep, and one from a Seattle venture firm—despite none having founded the ten-month-old London startup, which has no product and a $5... valuation reported by Fortune.
Gradial Raises $65M Series C Led by Insight Partners to Scale AI Marketing Platform with $675M Valuation
Seattle-based startup Gradial raised $65 million in a Series C funding round led by Insight Partners, bringing total funds raised to over $110 million in 16 months. The company builds an AI orchestration platform for enterprise marketing that integrates with tools like Adobe and Salesforce, and plans to use the funds to scale engineering, sales, and cloud infrastructure.
