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Startups Weekly: Mercury more than doubled its valuation, and other news


Welcome to Weekly Startups – Your weekly report of everything you can’t miss the start world. Do you want in the box in every Friday box? Register here.

This week reminded that the creative accounting was not only in the Hollywood. Some hopes have been poured, but the beginnings are delivered to all kinds of promises from nuclear reactors to small EVS.

The most exciting start stories from the week

11xai together with Hasan Sukkar (C) team.
Photo credits:Hasan Sukkar’s courtesy

This week, the starting news was a very mixed bag with other developments, which ended with a public speech and other developments, but also other developments.

Escape concerns: Techcrunch learned that several companies with logos on 11x website Not real customers A16Z- and Benchmark support startup. The sources also used the creative ways to calculate the annual repetitive income used in 11x.

More delays: Cerebras Systems saw IPO again late. AI ChipMaker applied to the public in 2024, but his national security investigation was dragged.

Nuclear: US nuclear start, which develops smaller modular reactors, Went to the public through the spac and waiting for $ 280 million net. Meanwhile, Bill Gates-Supported Union Fusion Systems Tap the main stage the construction of the demonstration reactor.

It is not enough: Plenty of vertical farming company are presented for bankruptcy After the investor, including SoftBank investment advisors, Walmart, Bezos expeditions and Jeff Bezos, including investors Jeff Bezos, a $ 1 billion financing.

In the same way: Block, founded by Jack Dorsey Fintech Startup, He left 931According to an e-mail leaking. The company with a cash application and square, was already withdrawn in 2024.

Rumor: NVIDIA is reported Near a deal to get Lepton AIA start of the servers equipped with AI chips. And Furiosaai, which is the beginning of a South Korea, where there are chips for AI appeals, are said to be He rejected a $ 800 million purchase offer of meter.

The most interesting VC and financing news this week

Mercury co-founders
Photo credits:Mercury / left to right: Max Tormer (co-founder and CTO), Jason Zhang (co-founder and coo) and immadxunxi (co-founder and CEO)

In advance, there are some rounds that hold our attention this week until a serial from seed. Moreover, some fresh financing to invest in new deals for VCS.

Hot thermometer: Digital banking Starting mercury Won $ 300 million Sequoia’s a number of c first and secondary finance. This increased its assessment to $ 3.5 billion, twice.

Evaluation crust: A company that makes the island, enterprise browsers, Provided $ 250 million In a series worth $ 4.85 billion worth the start of the Dallas Based, a less important assessment of a year less than a year.

Also: Rivian whipped The beginning of a new micromobility is also calledHe still received more than $ 105 million from Alklimse. The goal is to build a small housework for consumers in the United States and Europe to produce next year.

Automatically: Quickly growing Berlin Based Stream Automation Startup N8N Raised $ 60 million In a round led by the Mount Europe, HV capital and previous investors are also attended by Sequoia, Felicis and Harpon. Sources said the assessment is about $ 270 million.

Ramp for latam: Mexican city center YC Alum Mendeli It was a $ 35 million series b and he is trying to be profitable with the end of 2025.

Rugs for wealth: Siratag, a generative AI Marketplace for jewelry design, announced the same time A number of $ 25 million in finance round and expansion of household goods starting from carpets.

There is no free labor: Past Broadcast CEO Manny Medina, a new start earned $ 11 million for pre-seed financing Make sure AI agents receive a salary.

More ai: San Mateo, California based capital 1 billion dollars closed the seventh stock BODB returns to companies, interest in the AI ​​interest.

Blue checks: French VC company Daphni, around, Daphni Blue declared the first closing of Daphni Blue Provided $ 215 million out of target of $ 270 million.

Silent: Amazon’s Alexa Foundation has expanded its territory outside the audible beginnings Wider attention to AI investments.

Last but at least

A new report demonstrated the beginning of the 20 hottest sources of the world. You can find Full list and more information here. As you suppose you are, more than half of them are in their nucleus in the AI.



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