Meta in Talks to Invest Over $10B in Scale AI: Biggest Private AI Bet Yet

Meta is reportedly eyeing a massive $10B+ investment in Scale AI—making it one of the largest private tech deals ever. Scale, which powers Microsoft and OpenAI with clean training data, could soon hit a $25B valuation. The deal reflects Meta’s growing AI ambition, especially in defense, as it partners with Scale on military AI tools like “Defense Llama.”

Read more on: Bloomberg

Aircapture Raises $50M to Scale Modular Carbon Capture Tech

Berkeley-based Aircapture, a direct air capture (DAC) pioneer and 2025 XPrize Carbon Removal winner, has raised $50M in Series A funding led by the Larsen Lam Climate Change Foundation. The company will use the funds to expand its modular, on-site CO₂ capture systems that serve industries like food, beverage, and agriculture—offering clean, revenue-positive alternatives to traditional carbon sources.

Read more on: YourStory

AI Coding Startup Anysphere Raises $900M, Hits $9.9B Valuation

Anysphere, maker of the AI coding tool Cursor, has raised $900M at a $9.9B valuation. Led by Thrive Capital, the round marks its third funding in under a year. Cursor’s ARR now tops $500M, doubling every two months. With new enterprise plans, the company’s revenue model is shifting beyond individual users. Anysphere recently declined acquisition offers, including from OpenAI.

Read more on: TechCrunch

Snowflake Acquires Crunchy Data to Launch Enterprise-Grade Postgres

Snowflake is acquiring Crunchy Data—an open-source Postgres specialist—in a deal estimated at $250M. The move enables Snowflake to roll out Snowflake Postgres, bolstering its AI Data Cloud with enterprise-grade PostgreSQL capabilities. As demand for AI-ready data infrastructure rises, Snowflake joins tech giants racing to enhance database offerings tailored for AI-driven enterprise applications.

Read more on: TechCrunch

Console Raises $6.2M to Automate IT Help Desk with AI

Ex-Rippling product lead Andrei Serban launched Console to automate routine IT help desk tasks using AI. With quick Slack integration and support from Scale AI, Calendly, and Thrive Capital, Console resolves over 50% of requests autonomously. The startup aims to expand into HR, finance, and legal, becoming employees’ go-to solution for workplace support.

Read more on: TechCrunch

UK’s Space Forge Secures $30M to Manufacture Semiconductors in Space

UK startup Space Forge raised $30M to produce advanced semiconductor materials in space, where microgravity yields purer crystals. Supported by the NATO Innovation Fund and defense giant Northrop Grumman, the company aims to power technologies ranging from 5G networks to quantum computing systems. Its first launch failed in 2023, but a new mission, “The Forge Awakens,” is set to demonstrate its tech later this year.

Read more on: TechCrunch

Heatseeker AI Raises $1.5M to Disrupt Market Research with Real-Time Insights

Australian startup Heatseeker AI has secured $1.5M in US-led pre-seed funding to scale its behavioral research platform. With clients like Medibank, Tyro, and Bain, the platform captures real-time customer behavior. Led by ex-Cisco innovator Kate O’Keeffe, the team runs product in Australia and sales from the US—mirroring Atlassian and Canva’s global playbook.

Read more on:Innovationaus

Grammarly Secures $1B Non-Dilutive Funding to Fuel Growth and Acquisitions

Grammarly has landed a $1 billion non-dilutive commitment from General Catalyst’s Customer Value Fund, designed to support sales, marketing, and strategic acquisitions. Instead of equity, Grammarly will repay the capital via a capped share of revenue. The AI productivity firm, now led by ex-Coda CEO Shishir Mehrotra, earns $700M+ annually and continues evolving post its Coda acquisition.

Read more on:TechCrunch & Yourstory

Mozilla Shuts Down Pocket: Top Alternatives for Save-It-Later Fans

Mozilla is discontinuing Pocket by October 8, 2025. Users must export saved content before then. Popular alternatives include Matter, Instapaper, Raindrop.io, Plinky, Readwise Reader, and more—offering features like AI assistance, Kindle sync, and advanced organization. Many offer migration tools and discounts to help Pocket users transition smoothly to a new read-it-later solution.

Read more on:TechCrunch

Slikk Secured $10M Series A to Scale 60-Minute Fashion Delivery

Fashion delivery startup Slikk raised $10M in Series A funding led by Nexus Venture Partners, with Lightspeed doubling down. The Bengaluru-based platform will expand instant returns, new lifestyle categories, and urban reach. Known for 60-minute deliveries, Slikk aims to redefine fashion commerce with hyperlocal speed, curated experiences, and rapid refunds—positioning itself as the future of quick fashion.

Read more on: YourStory

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