
Hey there,
Another Tuesday, another roundup of the most interesting VC and PE stories in tech.
This week:
Open AI has new focus on IPO
Thrive Capital closes $10 billion
Former Meta A.I. Chief’s Start-Up Is Valued at $3.5 Billion
and more…

Venture Capital
Thrive Capital, a New York, N.Y.-based venture capital firm, closed $10 billion for its tenth fund, Thrive X — its largest to date and nearly double the size of its previous fund — with $1 billion earmarked for early-stage investments and the remainder targeting growth-stage companies.
LINKAxiom Math, a Palo Alto, Calif.-based developer of AI mathematical superintelligence, raised $200 million in Series A funding. Menlo Ventures led the round and was joined by existing investors Greycroft, Madrona, and B Capital.
LINKWiz, a New York, N.Y.-based cloud cybersecurity company, was acquired by Google for $32 billion, marking the largest acquisition in Google's history and the largest-ever acquisition of a venture-backed startup.
LINKGumloop, a Vancouver, British Columbia-based no-code AI agent builder for enterprise teams, raised $50 million in Series B funding. Benchmark led the round and was joined by Nexus VP, First Round Capital, Y Combinator, Box Group, The Cannon Project, and Shopify.
LINKSunday, a Mountain View, Calif.-based developer of AI-powered household robots, raised $165 million in Series B funding at a $1.15 billion valuation. Coatue Management led the round and was joined by Tiger Global, Benchmark, and Bain Capital Ventures.
LINKBeautiful.ai, a San Francisco, Calif.-based AI-powered presentation software company, raised $45 million in funding from General Catalyst to accelerate global growth and product development.
LINKRAVEN.IO, a Palo Alto, Calif.-based runtime cybersecurity platform that protects cloud-native applications against AI-driven attacks, raised $20 million in funding. Norwest led the round and was joined by Elron Ventures, RedSeed, UpWest, SentinelOne, Jibe Ventures, Dnipro VC, Unusual Ventures, CyberFuture, and Descope CEO Slavik Markovich.
LINKChorus Intelligence, a Virginia Beach, Va.-based provider of AI-powered digital intelligence and investigative software for law enforcement and government agencies, raised $20 million from Maven Capital Partners via its UK Regional Buyout Fund II to accelerate global growth, product development, and potential acquisitions.
LINKHumans&, a San Francisco, Calif.-based developer of human-centered AI collaboration software, raised $480 million in seed funding from Nvidia, Jeff Bezos, SV Angel, and Google Ventures, valuing the company at $4.48 billion.
LINKAMI Labs (Advanced Machine Intelligence Labs), a San Francisco, Calif.-based AI research company founded by former Meta chief AI scientist Yann LeCun, raised more than $1 billion in seed funding from Jeff Bezos, Mark Cuban, and others, valuing the company at $3.5 billion.
LINK

News & Notes
Cursor in talks for $50B round
Bold security raises $40 million
Meta and Nebius sign $27B deal
Scout Ventures Raises $125 Million
Musk Rebuilds xAI Amid Co-Founder Exits
Google and Accel reject 70% of AI startups
Unreasonable Labs exits stealth with $13.5M
South Korean VC firms expand to Silicon Valley
PixVerse raised $300 million in a Series C funding
Ex-Anthropic Founders have a startup valued at $1B
AI is reviving tech sectors that VCs had all but forgotten
Nvidia’s Blackwell and Vera Rubin sales projections are at $1 trillion
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See ya next Tuesday,
Cam🏌️
