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Startups Weekly: Mercury more than doubled its valuation, and other news

Posted on March 30, 2025

Welcome to Startup Weekly – Your recovery every week cannot lose the start of the starting world. Want it every Friday in your inbox? Sign up here.

This week reminded us that creative accounting is not just in Hollywood. Some hopes were pushed, but from nuclear reactors to small EVs, they are providing startups on all kinds of promises.

The most exciting startup story from the week

Hassan Skker (C) with his team in 11xai.
Image Credit:Courtesy Hassan Skker

The news of this week’s start was a very mixed bag, in which a public emission was finalized and the other delays and other advances to flare, both hopeful and disappointing.

Drug concerns: Tech Crunch found that there were several logo companies on the 11x website Not the original customer A16z- and benchmark-backed startup. Sources have also said that 11x used creative methods have been used to calculate repeated revenue annually.

Further delay: The Serbras system saw its IPO Delay once again. The AI ​​chip maker filed a publicity in 2024, but its national security review is dragging.

Nuclear: Praise energy, an American nuclear start that produces small modular reactor, Went to the public level through space And is expecting that it is 0 280 million. Meanwhile, Bill Gates -backed Common Fusion System Hit a major milestone Build a reactor of its demonstration.

Not enough: Vertical farming company in plenty of Filed for bankruptcy After collecting about $ 1 billion in financing investors, including Soft Bank Investment Advisor, Walmart, Bezos Acadions, and Jeff Bezos.

Slow.: Block, co -founder of the Fantake Startup Jack Dorsi, Left 931 peopleAccording to a leak email. The company, which owns a cash app and square, has already been held in 2024.

Rumor: Is allegedly nvidia Near an agreement for the pursuit of lepton AIA startup that rent its AI chips servers. And is said to be a South Korean startup, which makes chips for AI applications, about Reconcilled a $ 800 million pursuit offer From the meta

Extremely interesting VC and funding news this week

Co -founder of Mercury
Image Credit:Mercury / Left to Right: Max Taghar (co -founder and CTO), Jason Zhang (co -founder and COO), and Amad Akhund (co -founder and CEO)

From Pre -Seed to a Series E, there are some rounds that have received our attention this week. In addition, some fresh funding to invest in new deals with VC.

Hot thermometer: Digital Banking Startup Mercury Million collected 300 million In elementary and secondary funding, including a series, including Sequrea. This also doubled its price after $ 3.5 billion.

Value: Island, a company that makes an enterprise browser, Million achieved 250 million In a series E-led Koto, which cost the Dallas-based startup 85 4.85 billion-which is an important diagnosis of less than a year after its previous round.

Plus: Raven took out A new micromobility startup is also calledWhich has already received 105 million Million from Equipus Winchors. Its purpose is to build small EVs, which produces flagship products next year for US and European consumers.

Automatic: Fast growing Berlin -based workflow automation startup n8 Million collected 60 million In an era of funds led by Highland Europe, HV Capital and former investor Sevia, Felicis, and Harpoon also participated. Sources said it costs close to $ 270 million.

Ramps for the latam: YC Alummand based in Mexico City Million increased in 35 million series B And expects its business to reach profit by the end of 2025.

Rich: Arcade, a generative AI market for jewelry design, simultaneously announced Its Million 25 million Series is a funding round And its expansion of home equipment begins with carpets.

No free labor: Former Out Rich CEO Mini Medina paid, a new startup that has already collected Million 11 million in the seed Fund Make sure AI agents get paid.

More AI: Emergency Capital based in San Meto, California Closed the seventh fund of $ 1 billion Backing B2B companies with a keen interest in AI.

Blue checks: French VC firm Dafni announces his third fund, Duffy Blue’s first closure, with nearby 5 215 million secured Of the total of 270 million targets.

Beyond the sound: Amazon’s Alexa Fund extends its scope beyond sound startup, Wider focus on AI’s investment.

Last but not less than

A new report shows the world’s 20 most famous open source startup. You can find Full listings and more details here. As you have guessed, more than half of them are in their basic part.

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