AI-search marketing startup Profound announced a $180 million Series D funding round led by Sequoia and Kleiner Perkins, valuing the company at $1.8 billion. The raise comes less than seven months after its $96 million Series C, with existing backers Lightspeed Venture Partners, Khosla Ventures, and South Park Commons also joining in. Profound says revenue has tripled in six months and it now serves over 1,000 enterprise clients, including Comcast, Estée Lauder, and Walmart.
techcrunch.com
· 2026-09-15
Elon Musk's tunneling venture The Boring Company closed a $3 billion Series D funding round led by the United Arab Emirates, valuing the company at $23 billion. As part of the deal, the company plans to build more than 150 kilometers of tunnels in the UAE. Other investors include Andreessen Horowitz, Sequoia Capital, Human Capital, Vy Capital and Valor Equity Partners.
techcrunch.com
· 2026-09-10
French AI startup Mistral AI has closed a €3 billion Series D funding round at a post-money valuation exceeding €21 billion, which it calls the largest equity raise ever by a European tech company. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and existing backer PSG Equity as co-leads. Mistral plans to use the capital to expand compute infrastructure, accelerate commercial growth, and grow its presence internationally across the 20 countries where it now operates.
techcrunch.com
· 2026-09-08
Mistral has closed a €3 billion Series D funding round at a post-money valuation exceeding €21 billion, marking the largest equity raise ever by a European tech company just three years after its founding. Samsung Electronics led the round, with EQT's Scaleup Europe Fund and existing backer PSG Equity co-leading. The company now operates in 20 countries and serves over 125 enterprises, including Airbus, ASML and HSBC.
mistral.ai
· 2026-09-08