Global startup funding reached approximately $2.22 billion over the past 24 hours, driven by large-scale investments in AI infrastructure and automation. Tenstorrent and Neolix accounted for about 86% of the total capital raised during this period.
Tenstorrent secured $1.5 billion in a Series E round, reaching a valuation of $6.2 billion. The company, led by Jim Keller, focuses on AI processors, servers, and RISC-V architecture to compete with established chip suppliers.
Neolix, a Chinese developer of autonomous delivery vehicles, raised nearly $400 million in Series E funding. The company reports deploying over 30 000 vehicles across more than 300 cities in over 20 countries, with 260 million kilometers of autonomous operation.
San Francisco-based Town raised $108 million in Series B funding, achieving a $1 billion valuation. The company develops AI assistants designed to coordinate tasks and communication across organizational workflows.
Additional funding rounds included Dream Labs with $90 million for robotics software, ZAP Surgical with $36 million, and Tolan with $30 million. Prism Data, Sunlight AI, Rezzil, and XRlabs also secured capital ranging from $8.4 million to $20 million.
