
Starcloud Raises $170M to Put AI Compute in Orbit
The 15-person startup that launched an H100 GPU into space last November just became the fastest Y Combinator company ever to reach unicorn status.
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The 15-person startup that launched an H100 GPU into space last November just became the fastest Y Combinator company ever to reach unicorn status.

Physical Intelligence is in talks to raise $1 billion at an $11 billion valuation, doubling in four months, as investors pour capital into AI software designed to run robots in the real world.

Shield AI closed a $2B raise at a $12.7B valuation, more than doubling from $5.3B a year ago, to fund its Hivemind autonomous pilot software and acquire Pentagon simulation vendor Aechelon Technology.

Kleiner Perkins closes a $3.5B dual fund - its largest raise in the current era - betting on Anthropic, Harvey, and a 2026 IPO window.

Swedish legal AI platform Legora closes a $550M Series D led by Accel, tripling its valuation to $5.55B in five months on the back of rapid US expansion.

Crunchbase data shows February 2026 was the biggest startup funding month in history, with OpenAI, Anthropic, and Waymo absorbing $156 billion of a record $189 billion total.

An OECD report reveals AI firms captured 61% of global venture capital in 2025 at $258.7 billion, doubling their share since 2022, while mega-deals above $1 billion account for half of all investment value.

OpenAI has finalized a $110 billion funding round backed by Amazon, NVIDIA, and SoftBank, valuing the company at $730 billion pre-money. But $35 billion of Amazon's commitment hinges on an IPO or AGI milestone.

Arrow 1, a purpose-built SVG generation model from a16z-backed QuiverAI, reached the top of SVG Arena with an Elo of 1583 one day after launch - shattering Gemini 3.1 Pro's previous record of 1421 by 162 points.

Google's head of global startups warns that LLM wrapper companies and AI aggregators face extinction as margins collapse and Big Tech absorbs their features.

Anthropic launches a $5-6 billion employee share sale at a $350 billion valuation, just 11 days after closing a record $30 billion Series G. The move signals an IPO is closer than the company admits.

OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.