X-energy rides nuclear wave, raises $700M Series D
The small modular reactor startup is capitalizing on surging interest from tech companies and data center developers.
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This startup wants to build a fusion reactor — on a boat; plus, Momentic raises $15M to automate software testing
Startups are still racing to build the world's first commercial fusion power plant on land, but Maritime Fusion thinks the path will be easier out at sea.
Also, AI testing startup Momentic has raised $15 million in a Series A round led by Standard Capital, with participation from Dropbox Ventures. Existing investors at Y Combinator, FCVC, Transpose Platform and Karman Ventures also participated.
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Bret Taylor’s Sierra reaches $100M ARR in under two years; also, Phictly’s new app brings people together over their favorite books and TV shows
Sierra’s rapid growth suggests that enerprises are embracing AI agents.
Also, Phictly helps fans find niche clubs for their favorite books, shows, and movies, offering intimate, spoiler-safe communities with flexible pacing and tracker tools.
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The European startup market is ready for the limelight
The region's startup market is hungry for its first trillion-dollar startup, and in many ways has set itself up to reach that goal.
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Source: Kalshi’s valuation jumps to $11B after raising massive $1B round ; plus, this startup can track objects within 3 cm
The quickly growing prediction betting market raised fresh capital from Sequoia and CapitalG, according to someone familiar with the deal.
Also, Point One Navigation, now valued at $230 million, is building out well beyond automotive.
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South Africa