Browsing Tag
Sequoia Capital
28 posts
Form Energy secures $750m as 80 GWh backlog pushes iron-air batteries into AI grid infrastructure
Form Energy has secured $750 million after its commercial backlog expanded from about 20 GWh to 80 GWh. The funding gives its 100-hour iron-air battery a pathway toward industrial scale, but manufacturing execution must now catch up with demand from Google, Xcel Energy, Crusoe and utility customers.
Shein targets lower Hong Kong IPO valuation as fast-fashion growth model faces market reset
Shein is reportedly seeking a US$30 billion to US$40 billion Hong Kong IPO valuation, but slowing growth, tariff pressure and regulatory scrutiny are forcing investors to reprice the fast-fashion giant.
AI needs power, and Valar Atomics just raised $1bn to build reactor fleets
Valar Atomics’ $1 billion fundraise and $200 million credit facility give the nuclear startup fresh capital to move from Ward 250 criticality toward fleet-scale reactor production for AI, industrial power and clean fuels.
Cyera targets AI agent access risk with $1bn Oasis Security acquisition
Cyera’s $1 billion Oasis Security deal combines data protection with AI agent identity controls as cybersecurity platforms race to govern autonomous access.
Elon Musk’s The Boring Company eyes $4bn raise as Vegas Loop expansion continues
The Boring Company is reportedly seeking about $4 billion at a $20 billion valuation, but investors must decide whether Vegas Loop, Nashville and Dubai can turn tunnelling ambition into scalable transport infrastructure.
Anduril targets $100bn valuation as defence-tech funding tests public-market reality
Anduril Industries is reportedly in talks for a fresh funding round at a valuation near $100 billion, turning the defence-technology startup into a private-market challenger to established military contractors.
Etched raises $300m as $10.3bn valuation tests AI inference chip economics
Etched’s $300 million Series C gives the AI chip startup fresh capital to scale its Sohu inference systems, but the valuation depends on whether specialised hardware can break NVIDIA’s grip on data-centre computing.
Anthropic’s $965bn mark resets the AI race as an October IPO looms
Anthropic's $65 billion Series H values it at $965 billion, leapfrogging OpenAI as Micron, Samsung, and SK hynix join the compute arms race. Read more.
Block (ASX: XYZ) Q1 beat reframes the AI restructuring as a margin story
Block cut 40% of staff. Bears called it desperation. Today's Q1 beat and guidance lift suggest Dorsey's AI bet is working.
Rogo expands financial AI platform with Offset acquisition to automate spreadsheet-driven finance work
Rogo acquires Offset to bring AI agents directly into financial workflows used by banks and private equity firms. Discover what this shift could mean for finance.