Fund

Z.ai • Combined financing

Z.ai completed a combined financing round of around $5 billion, including about $2 billion from a share placement and roughly $3 billion through convertible bonds, to fund next-generation GLM foundation models.

Open Cosmos • Unknown

Open Cosmos secured €300 million in funding to expand satellite manufacturing capacity and accelerate deployment of its connectivity and Earth observation services.

Tandem Health • Series B

Swedish healthtech startup Tandem Health raised $100 million in Series B funding led by the EU-backed Scaleup Europe Fund, a new investor.

Artificial Intelligence Underwriting Company (AIUC) • Series A

AIUC, a startup founded by an early Anthropic hire and former METR COO, raised $40 million in Series A funding led by Ribbit Capital with participation from First Harmonic to rein in rogue AI agents.

Magentic • Series A

Magentic, a provider of AI-powered digital workers for industrial companies, raised $18 million in Series A funding led by Felicis to automate industrial operations.

syte • Series A

German real estate technology company syte raised €9 million in Series A funding led by amberra to expand its land and property analytics platform.