Articles from fortune.com

Articles from fortune.com

Doppel, which makes an AI social engineering detection service, raised a $70M Series C led by Bessemer at a $600M+ valuation, up from $205M in May (fortune.com)
23 hours ago AI

Kraken raised $200M at a $20B valuation, after raising $600M at a $15B valuation in Sept.; prior to the two rounds, Kraken raised only $27M in venture capital (fortune.com)
1 day ago

Coinbase confirms that it has called off acquisition talks with stablecoin infra startup BVNK; reports previously put the acquisition price around $2B (fortune.com)
8 days ago Startup Coinbase

Tala Health, which plans to roll out AI agents to help clinicians improve patient care next year, raised a $100M seed led by Sofreh Capital (fortune.com)
11 days ago AI

Neobank Mercury says it has hit $650M in annualized revenue, up from $500M by end of 2024, and has been GAAP profitable on net income and EBITDA for three years (fortune.com)
12 days ago

Commonware, which develops open-source code for launching blockchains, raised $25M led by Tempo, a stablecoin-focused blockchain backed by Stripe and Paradigm (fortune.com)
13 days ago Blockchain

A profile of OpenAI President Greg Brockman and his role in the company's $1.4T infrastructure buildout that's required to reach AGI (fortune.com)
14 days ago

Giga, which develops voice-based AI agents for customer support, raised a $61M Series A led by Redpoint with participation from Y Combinator and Nexus (fortune.com)
15 days ago AI Y Combinator

NY-based Teleskope, which offers smaller LLMs fine-tuned for specific security problems, raised a $25M Series A led by M13, taking its total funding to $32.2M (fortune.com)
17 days ago

Sources: Mastercard is in late-stage talks to acquire the crypto and stablecoin infrastructure startup Zerohash for between $1.5B and $2B (fortune.com)
21 days ago Startup

LangChain, whose open-source framework connects AI apps to real-time data, raised a $125M Series B led by IVP at a $1.25B valuation (fortune.com)
2025-10-21 AI

Sources: Tempo, a stablecoin-focused blockchain developed by Stripe and Paradigm, raised a $500M Series A led by Greenoaks and Thrive Capital at a $5B valuation (fortune.com)
2025-10-18 Blockchain

Sources: Amazon plans to cut as much as 15% of its HR staff, and additional layoffs will likely affect other areas of its core consumer business (fortune.com)
2025-10-15 Amazon Layoffs

Crypto investor Roger Ver, aka “Bitcoin Jesus”, reaches a deferred prosecution agreement with the US DOJ and pays ~$50M to resolve a tax evasion indictment (fortune.com)
2025-10-15 Bitcoin Tax

Flow Engineering, which provides a collaborative hardware development platform for companies like Rivian, raised a $23M Series A led by Sequoia (fortune.com)
2025-10-15

AI has sparked a new wave of competition in the browser market, as agentic AI browsers like Perplexity's Comet and others compete with Gemini-enhanced Chrome (fortune.com)
2025-10-13 AI Browser Chrome

Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated (fortune.com)
2025-10-11 AI California

Sources: Coinbase and Mastercard have each held talks to acquire stablecoin startup BVNK for $1.5B-$2.5B; a deal would be the largest stablecoin acquisition yet (fortune.com)
2025-10-10 Startup Coinbase

Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of US GDP growth in H1 2025 (fortune.com)
2025-10-8 GDP

EvenUp, which makes AI tools for personal injury law firms, raised a $150M Series E led by Bessemer at a $2B+ valuation, bringing its total funding to $385M (fortune.com)
2025-10-8 AI

The FBI estimates that North Koreans posing as IT workers, using stolen IDs and AI-fabricated work, funneled up to $1B into the country over the past five years (fortune.com)
2025-10-6 AI FBI

Supabase, an open-source rival to Google's Firebase, raised a $100M Series E led by Accel and Peak XV at a $5B valuation, bringing its total funding to $500M+ (fortune.com)
2025-10-3 Google

Assort Health, which is developing voice AI agents for healthcare, raised a $76M Series B led by Lightspeed, bringing its total funding to $102M (fortune.com)
2025-10-1 AI

VCs say some AI startups, under pressure to show rapid ARR growth, are using questionable accounting practices like counting one-time deals as recurring revenue (fortune.com)
2025-9-29 Startup AI

Source: cryptocurrency exchange Kraken quietly closed a $500M funding round at a $15B valuation, including from co-CEO Arjun Sethi's Tribe Capital (fortune.com)
2025-9-26 Cryptocurrency

Synthesized, which is developing AI tools to automate software testing, raised a $20M Series A led by Redalpine (fortune.com)
2025-9-25 AI

Circuit & Chisel, whose ATXP protocol enables AI agents to make autonomous payments, raised a $19.2M seed led by Primary Venture Partners and ParaFi (fortune.com)
2025-9-23 AI

Modern Animal, a veterinary clinic network that uses proprietary AI-powered software to enhance veterinary workflows, raised a $46M Series D (fortune.com)
2025-9-17 AI

CuspAI, which develops AI foundation models for materials discovery, raised a $100M Series A led by NEA and Temasek, a source says at a ~$520M valuation (fortune.com)
2025-9-10 AI

A profile of 6-year-old Ramp, which has grown to a $22.5B valuation as it expanded beyond corporate cards to tools for expense reporting, bill payment, and more (fortune.com)
2025-9-10

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