Startups Weekly: AMD acquisition and other moves to scale AI startups
Here’s a structured list based on the content provided:
Funding and Startup Information
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Neuralink
- Funding Amount: $600 million
- Valuation: $9 billion (pre-money)
- Date: May 28, 2025
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Exo
- Funding Amount: $100 million (rumored)
- Investor: Samsung (venture investment arm)
- Date: May 27, 2025
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Horizon3.ai
- Funding Amount: $100 million (seeking to raise, $73 million already secured)
- Date: May 28, 2025
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Buildots
- Funding Amount: $45 million
- Fundraise Series: Series D
- Date: May 29, 2025
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Rillet
- Funding Amount: $25 million
- Fundraise Series: Series A
- Lead Investor: Sequoia Capital
- Date: May 28, 2025
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Snabbit
- Funding Amount: $19 million
- Fundraise Series: Series B
- Lead Investor: Lightspeed
- Valuation: $80 million (post-money)
- Date: May 28, 2025
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SpAItial
- Funding Amount: $13 million
- Fundraise Series: Seed round
- Lead Investor: Earlybird
- Date: May 26, 2025
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Gridcare
- Funding Amount: $13.5 million
- Fundraise Series: Seed round (oversubscribed)
- Date: May 27, 2025
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Humain Ventures
- Funding Amount: $10 billion (planned venture fund)
- Investor: State-owned Saudi AI company Humain
- Date: May 28, 2025
- Outset Ventures
- Funding Amount: $25 million
- Purpose: To invest in deep tech startups in New Zealand
- Date: May 27, 2025
Additional Noteworthy Startups
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Anthropic
- Notable Addition: Reed Hastings (Netflix co-founder) joined the board
- Date: May 28, 2025
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Life360
- Mentioned Milestone: Incorporation of Tile’s features (after acquisition for $205 million in November 2021)
- Date: May 28, 2025
- Thinkst Canary
- Milestone: Reached $20 million in annual recurring revenue without VC funding
- Date: May 29, 2025
This list captures the essential details regarding funds, investors, startups, founders, fundraising series, and dates mentioned in the provided data.
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2025-05-30 17:05:00