Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.

Startups are trying to "ride that SpaceX IPO wave."

The funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]

Equal AI said that its AI-powered call assistant now has over a million monthly active users.

SpaceX alumni Andrew Redd is betting the ocean has vast amounts of untapped geothermal energy.

AI coding agent startup Niteshift has raised a $7 million seed round from a who's who of angels. It's betting companies will want power over, not lock-in with model makers.

The funding round was led by Norwest, with participation from S Capital VC, Cerca Partners, and Oceans Ventures. Snowflake Ventures also participated as a strategic investor.

A Los Angeles-based startup has raised $5 million to fund an in-orbit computing demonstration next year, ahead of plans to deploy more than 100,000 orbital data centers to meet surging demand for AI infrastructure.

The post Orbital raises $5 million to join orbital data center race appeared first on SpaceNews.

Ambrosia Energy wants to build power plants in less than 12 months while undercutting natural gas. It hopes to build gigawatts' worth by 2030.

Instead of spending a year raising a formal venture fund, the Sabertooth VC founder used a captive network of LPs to invest in startups like Anthropic, Anduril, and SpaceX.

SAN FRANCISCO – NewOrbit Space, a UK startup developing satellites for very low Earth orbit (VLEO), has raised $18.5 million in a Series A investment round. With the funding, announced […]

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Once rare beasts, billion-dollar startups are multiplying across new orbital markets.

The post Rounding up the space unicorns appeared first on SpaceNews.

Apex has raised more than $200 million to expand in-house satellite production capabilities, announcing a funding round June 5 it says nearly doubled the four-year-old manufacturer’s valuation to $2.3 billion.

The post Satellite maker Apex’s valuation rises to $2.3 billion after latest $200 million raise appeared first on SpaceNews.