funding News

Constelli, a Hyderabad-based Aerospace Startup, Raises $3 Million in Pre-Series A Funding

Hyderabad-based aerospace and defense startup Constelli has raised $3 million in pre-series A funding led by Pravega Ventures. The funds will be used for R&D and capital expenditur...

OpenAI Transitions to For-Profit Model Amidst Growing Financial Demands

OpenAI announces a significant shift from a non-profit to a for-profit model, driven by the need for increased funding to support its AI research and development initiatives. This ...

2024 Space-Tech Funding Dips, but Industry Sees Hope for Recovery

Indian space-tech startups see a funding decline in 2024, but industry stakeholders remain optimistic about a revival, citing growing interest from government and private players.

Arata Secures $4 Million in Funding Led by Unilever Ventures to Revolutionize Hair Care

Arata, a Mumbai-based hair care brand, raises $4 million in funding led by Unilever Ventures. The company plans to invest in innovation and distribution to build India's most loved...

Databricks Nears Record $9.5 Billion VC Raise, Eyes Additional $4.5 Billion in Debt

Databricks is nearing a record $9.5 billion venture capital raise, with plans to secure an additional $4.5 billion in debt. This move reflects strong investor interest in the fast-...

Liquid AI Secures $250M in Funding Led by AMD for Innovative AI Models

Liquid AI, a generative artificial intelligence startup, has secured $250 million in an early-stage funding round led by AMD. The company develops efficient AI models for enterpris...

Rebel Foods Secures $210 Million in Funding Led by Temasek

Rebel Foods, operator of cloud kitchen brands like Behrouz Biryani, raises $210 million led by Temasek, maintaining its $1.4 billion valuation. The funds will be used for expansion...