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Microsoft, Google, Amazon, and Meta Back New Data Center Climate Initiative
Some of the world’s biggest tech companies are turning data centers into testing grounds for cleaner infrastructure. Microsoft, Google, Amazon, and Meta are partnering with nonprofit investment firm Elemental Impact to help climate startups pilot technologies such as advanced cooling, energy storage, low-carbon building materials, and other tools that could reduce the environmental strain of AI growth...
Markets & Trends
AI Coding Startup Cognition Raises Over $1 Billion at $26 Billion...
Enterprise usage of autonomous cloud agents has grown more than tenfold since the start of the year, propelling AI coding startup Cognition to a $26 billion valuation. The company recently finalized a capital raise of more than $1 billion led by Lux Capital, General Catalyst, and 8VC, alongside backers like Founders Fund and Ribbit Capital...
Strategy
Indian Travel-Fintech Platform Scapia Secures $63 Million to Accelerate AI Product...
On the heels of an eightfold increase in hotel bookings, Indian travel-fintech startup Scapia has secured $63 million in a Series C funding round led by General Catalyst. The fresh equity, which included participation from existing backers Peak XV Partners and Z47, values the Bengaluru-based company at over $500 million—more than doubling its valuation from last year. The capital injection arrives as transaction volumes spike across India's Tier-2 and Tier-3 cities, cementing Scapia's position as a dominant comprehensive travel ecosystem...
Capital & Transactions
Mercury Hits $5.2 Billion Valuation Following $200 Million Series D Funding...
After capturing one in three U.S. startups as customers, banking platform Mercury has reached a $5.2 billion valuation following a $200 million Series D funding round. Led by investment firm TCV, the round marks a nearly 50% jump from the company's $3.5 billion valuation just last year. As first reported by Inc., the massive capital influx coincides with a dramatic spike in demand, with Mercury's customer applications surging 2.5 times in the first quarter of 2026 compared to the same period a year earlier...
Health & Wellness
Founder’s IVF Journey Fuels Gaia’s $100 Million Financing Push
After spending six figures on fertility treatment across five cycles, three clinics, and two countries, Nader AlSalim built Gaia around a problem he knew personally: patients often pay again and again even when treatment fails. Now the New York-based fertility startup has secured a $100 million debt facility from Viola Credit to expand its outcome-based financing model across the United States...
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The Top 50 Generative AI Entrepreneurs of 2025
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The Top 50 Software Entrepreneurs of 2024
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The Top 50 MedTech Entrepreneurs of 2024
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