Coverage Timeline
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CivilGrid Raises $26M to Map What Is Underground
CivilGrid, founded by a former PG&E engineer, raised a $26 million Series A led by Spark Capital to aggregate underground utility, property and environmental data into one map for excavation planning.
Oratomic Raises $300M for a 20,000-Qubit Quantum Computer
Oratomic Raises $300M for a 20,000-Qubit Quantum Computer
Caltech-founded Oratomic raised a $300 million Series A co-led by ARCH, Spark Capital and Khosla, betting its neutral-atom architecture needs only 10,000-20,000 qubits for a useful, fault-tolerant quantum computer.
Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade
Baseten Reportedly Raising ~$1.5B at a $13B Valuation as AI Inference Becomes the Hot Trade
AI inference platform Baseten is reportedly raising roughly $1.5 billion at a valuation of up to $13 billion -- tripling its mark in about five months -- co-led by Spark Capital, Sands Capital, Altimeter and Wellington. The round captures investors racing into the layer that actually serves AI models in production, where Baseten's ARR has reportedly jumped from $200M to $600M.