Startups & Funding

New companies and the deals behind them.

Oratomic Raises $475M Series B at Reported $5.4B Valuation to Build a 10,000-Qubit Fault-Tolerant Quantum Computer

Pasadena startup Oratomic has raised a $475 million Series B, bringing total funding to $775 million, to pursue a fault-tolerant quantum computer built from about 10,000 reconfigurable neutral-atom qubits.

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Startups & Funding

Varda Raises $251M Series D at $1.6B Valuation to Scale In-Space Drug Manufacturing

Varda Space Industries has raised a $251 million Series D co-led by Lux Capital and Natural Capital, reportedly valuing the El Segundo company at $1.6 billion. The money will fund more orbital missions as Varda pushes toward delivering the first medicine manufactured in space to patients on Earth.

Administrator3 min read

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Startups & Funding

Two AI Markets, One Headline Number: What Early-Stage Funding Patterns Actually Reveal

AI funding has split into two economies: a winner-take-all frontier tier where a handful of companies absorb almost every dollar, and a crowded early-stage market where investors have grown sharper. The headline totals describe the former — and almost nothing about the typical founder's experience.

Administrator10 min read