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06 Apr 2026

Spain's Xoople raises $130 million Series B to map the Earth for AI, reaching unicorn status

Madrid-based geospatial data company Xoople has raised $130 million in Series B funding led by Nazca Capital, bringing total funding to $225 million and pushing its valuation into unicorn territory. The company is building a satellite constellation with L3Harris Technologies to deliver Earth surface data designed specifically for AI models, targeting enterprise platforms like Microsoft Azure and Esri.

2 Sources

Nvidia-backed Firmus hits $5.5B valuation with $505M raise, eyes $2B ASX IPO in June

Australian AI data center company Firmus has raised $505 million led by Coatue at a $5.5 billion valuation, bringing total capital raised to $1.35 billion in six months. The Nvidia-backed startup is now targeting a $2 billion IPO on the Australian Securities Exchange in June or July, supported by a $10 billion Blackstone debt facility to build AI infrastructure across Australia.

6 Sources

02 Apr 2026

Cognichip raises $60M to use AI for designing the chips that power AI itself

Cognichip raised $60 million led by Seligman Ventures to build AI models that design advanced computer chips. The startup claims its physics-informed platform can reduce chip design costs by over 75% and cut development timelines by more than half. Intel CEO Lip-Bu Tan joined the funding round and will join the board as the company works with over 30 semiconductor firms.

2 Sources

01 Apr 2026

OpenAI closes $122 billion funding round amid fierce AI competition and profitability questions

OpenAI secured $122 billion in the largest Silicon Valley funding round ever, reaching an $852 billion valuation. But the ChatGPT maker faces mounting pressure from rivals like Anthropic and Google while racing toward profitability. The company is pivoting to enterprise revenue and coding tools while planning a unified AI superapp and potential IPO by year-end.

19 Sources

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