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Summarised by Beize from a story on YourStory on 15 May 2026

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Rapido raises $240 million at $3 billion valuation as it plots faster multi modal expansion

Rapido, the ride-hailing unicorn, has raised $240 million (₹2,302 crore) at a $3 billion post-money valuation, led by existing backer Prosus with participation from WestBridge Capital, Accel, and other undisclosed investors. The company says this is part of a larger $730 million round combining primary and secondary transactions. Rapido plans to expand into new markets, deepen existing operations, grow its driver base, and invest in technology and hiring to build denser, more reliable supply.

Inc42

Summarised by Beize from a story on Inc42 on 15 May 2026

Anthropic nears $30 billion funding at $900 billion valuation as investors rush in

Anthropic is reportedly close to agreeing terms for a $30 billion fundraising round that would value the AI company at $900 billion, according to the Financial Times. The deal could close as soon as this month, though details may shift. Investors including Dragoneer, Greenoaks, Sequoia Capital, and Altimeter Capital are expected to co-lead, with $2 billion-plus commitments each. The valuation would be nearly triple its prior $350 billion mark. Annualised revenue is projected to top $45 billion. Meanwhile, its infrastructure partnerships with SpaceX, Google, Broadcom, and AWS are set to drive rising compute costs.

Summarised by Beize from a story on The Economic Times on 15 May 2026

Rapido raises $240 million led by Prosus valuing it at $3 billion

Urban mobility startup Rapido has raised $240 million in a funding round led by Dutch tech investor Prosus, valuing the company at $3 billion. WestBridge Capital and Accel joined the round. The investment forms part of a larger $730 million round that Rapido is finalising, including both primary and secondary components. Rapido says the money will be used to expand demand by entering and deepening markets, grow and scale its captain network, and invest in technology and people for first- and last-mile connectivity.

Summarised by Beize from a story on The Economic Times on 15 May 2026

Intel AMD veterans Agrani Labs eyes 100 million Series A to build CUDA compatible AI inference chips

Agrani Labs, a semiconductor startup launched in 2025 by former Intel and AMD executives, is seeking a $100 million Series A to develop AI inference chips compatible with Nvidia’s CUDA software stack. The company is in early talks with Qualcomm, Battery Ventures, and government investors, while existing backer Peak XV is expected to contribute about $20 million pro-rata. If valuation talks land in the $400–500 million range, it would mark one of India’s largest Series A rounds for a chipmaker.

Summarised by Beize from a story on The Economic Times on 15 May 2026

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Wirestock raises $23M to feed AI labs with photos videos and 3D data

Wirestock, a creator marketplace for training data, has raised $23M to expand how it supplies AI labs with multi-modal assets. With a platform powered by more than 700,000 creators, the company offers photos, videos, and 3D content, positioning itself as an end-to-end source for data used in modern generative AI systems.

·Published by Beige· on 14 May 2026

Summarised by Beize from a story on TechCrunch on 14 May 2026

Anduril lands $5 billion funding doubling valuation to $61 billion in rapid defence tech surge

US defence tech company Anduril Industries has raised $5 billion, pushing its valuation to $61 billion. The funding follows a breakout year where revenue doubled to $2.2 billion and the company expanded its workforce. With geopolitical tensions reshaping demand for defence innovation, investors are piling into firms they see as future-ready.

·Published by Beige· on 14 May 2026

Summarised by Beize from a story on The Economic Times on 14 May 2026

Chile nears hantavirus antibody treatment but funding runs out before human trials

Chile researchers developed antibodies that neutralised the deadly Andes hantavirus in lab and animal tests, showing real promise against a rare virus that can spread between people. But the effort stalled before human trials, crushed by limited funding and the disruption of the Covid-19 pandemic.

·Published by Beige· on 14 May 2026

Summarised by Beize from a story on The Economic Times on 14 May 2026

Rivian spinoff Mind Robotics raises another 400M to push autonomous manufacturing

Mind Robotics, a Rivian spinoff unveiled in late 2025, has secured an additional $400M as it scales ambitions in autonomous robotics. The funding brings total investment to more than $1 billion to date, underscoring investor confidence in its approach and timeline for deploying manufacturing-focused automation.

Summarised by Beize from a story on TechCrunch on 13 May 2026

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Origin Lab raises 8M to turn video game data into AI training fuel for world models

Origin Lab has raised $8 million to launch a marketplace connecting AI labs with video game companies. The goal: make it easier for world-model builders to buy high-quality licensed data while giving game studios a new way to monetize their assets and telemetry. The platform positions licensed datasets as a cleaner alternative to unclear, scraped training sources.

Summarised by Beize from a story on TechCrunch on 13 May 2026

Anduril raises 5B dollars and doubles valuation to 61B after 2.2B revenue

Defense tech startup Anduril says it hit $2.2 billion in revenue in 2025, then followed up with another massive funding round that doubles its valuation to $61 billion. The latest financing is led by Thrive and a16z, underscoring how fast the company is scaling as governments and militaries invest in next-generation defense systems.

Summarised by Beize from a story on TechCrunch on 13 May 2026

Recursive raises 650 million at 4 65 billion valuation for self improving AI

Stealth-mode AI lab Recursive has raised $650 million at a $4.65 billion valuation, aiming to build self-improving AI systems. The funding highlights how fast new AI startups are attracting capital for ambitious approaches beyond today’s mainstream models, as investors bet on labs that can accelerate progress through tighter feedback loops and rapid iteration.

Office Chai

Summarised by Beize from a story on Office Chai on 13 May 2026

Anthropic in talks to buy AI tools startup Stainless for over 300 million

AI firm Anthropic is reportedly in advanced talks to acquire Stainless for more than $300 million. Stainless builds software that helps users access AI models more easily. The move comes as Anthropic also explores raising at least $30 billion in new funding, with its valuation potentially topping $900 billion.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Exaforce bags 125 million Series B to arm security teams with agentic AI

Cybersecurity startup Exaforce, based in California, raised $125 million in a Series B round led by HarbourVest, Peak XV, Mayfield, Khosla Ventures, Seligman Ventures and AICONIC. The company says it is building “platform defenders actually work in” using multi model AI and a real time knowledge graph to speed investigation, detection and response while scaling globally including Japan and Europe.

YourStory

Summarised by Beize from a story on YourStory on 13 May 2026

Moi Soi bags first institutional funding as GVFL and Wipro Consumer Ventures buy 17 percent stake

Pan-Asian food and beverage brand Moi Soi, part of Ceres Foods, has secured its first institutional funding round led by GVFL and Wipro Consumer Ventures. The two investors together picked up around a 17% stake, while founder Deb Mukherjee continues to hold majority ownership. The development signals growing institutional interest in Pan-Asian F&B brands.

Summarised by Beize from a story on The Economic Times on 13 May 2026

Isomorphic Labs nears 2 billion funding to supercharge drug design engine

Alphabet’s AI drug discovery venture, Isomorphic Labs, is reportedly close to raising over $2 billion in a round led by Thrive Capital. The fresh capital would strengthen its drug design engine and support rapid global expansion, highlighting how Alphabet is doubling down on high-stakes AI bets beyond search and ads.

Summarised by Beize from a story on The Economic Times on 13 May 2026

HrdWyr lands 13 million Series A for AI native chips led by Ideaspring Capital

Bengaluru fabless semiconductor startup HrdWyr has raised $13 million in Series A funding led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital and Persistent Systems. The company plans to develop its AI-native System-on-Chip (AISoC) products and expand customer engagements globally. Founded in 2023, HrdWyr says its AI is embedded at the edge for faster, efficient physical AI systems.

YourStory

Summarised by Beize from a story on YourStory on 13 May 2026

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Exaforce raises 125M Series B to stop cyberattacks in real time with AI

Exaforce, a three-year-old cybersecurity startup, has raised a $125M Series B to build AI that can detect and halt cyberattacks as they unfold. The funding round values the company at $725M, underscoring investors’ bet that real-time attack interruption—not just prevention—will define the next wave of security tooling.

·Published by Beige· on 12 May 2026

Summarised by Beize from a story on TechCrunch on 12 May 2026

Dessn raises 6M to build AI design tools that plug into real production code

Startup Dessn just raised $6M to create AI-powered design tools that integrate directly with production codebases. The pitch: move beyond mockups and prototypes by generating design assets that align with how software is actually built and deployed. Investors are betting teams can speed up iteration while reducing translation gaps between design and engineering workflows.