Silver Spring, United States, 4th June 2025, CyberNewsWire
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San Francisco, California, 4th June 2025, Chainwire
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Artificial Intelligence
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Top Startup and Tech Funding News – June 3, 2025
It’s Tuesday, June 3, 2025, and we’re back with your daily funding snapshot of where venture capital is flowing and which startups are shaping the next wave of tech innovation. Today’s lineup spans everything from brain-computer interfaces to cross-border fintech, […]
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You just built the perfect product, an educational tool for kids. You shared it on Product Hunt, Reddit, and social media. Launch day was a win. Signups came fast. People paid. Momentum was real. Then, a few days later, the […]
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Layoff
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Microsoft announces a new wave of layoffs, just weeks after cutting 6,000 jobs
Microsoft is laying off more employees, just weeks after cutting 6,000 roles across its global workforce. This time, more than 300 workers are affected in what the company calls another round of “organizational changes,” according to a report from Bloomberg. […]
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Artificial Intelligence
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AI startup Ciroos emerges from stealth with $21M to bring AI “teammates” to ops teams
Ciroos, a startup building AI tools for operations teams, just came out of stealth with $21 million in funding to roll out what it’s calling the industry’s first extensible AI “SRE Teammate.” The round was led by Energy Impact Partners […]
852 Views
Artificial Intelligence
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Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency
Kuwait’s sovereign wealth fund is joining a $30 billion AI infrastructure initiative backed by Microsoft, BlackRock, and Abu Dhabi’s MGX, marking its first major AI investment under new leadership. According to Bloomberg, the investment is part of the oil-rich nation’s […]
991 Views
George Town, Cayman Islands, 3rd June 2025, Chainwire
505 Views
Featured
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Space
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Startups
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Impulse Space, a startup founded by former SpaceX engineer, raises $300M to power the future of orbital transport
Impulse Space, a space startup building spacecraft to move satellites between orbits, just raised a massive $300 million in fresh funding. The round, led by Linse Capital, brings its total funding to $525 million. The company didn’t disclose its new […]
1.3K Views
Cybersecurity
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Security
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Israeli cybersecurity startup Zero Networks raises $55M in private funding to scale global defense against ransomware
As ransomware attacks escalate and security teams struggle to keep up, investors are betting big on startups that offer a better way forward. Leading that charge is Israeli cybersecurity startup Zero Networks. Today, Zero Networks announced it has raised $55 million […]
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Acquisition
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Snowflake acquires database startup Crunchy Data for $250M to rival Databricks in AI push
Snowflake has acquired Crunchy Data, a cloud database startup specializing in PostgreSQL, in a deal valued at approximately $250 million, the data analytics software maker confirmed in a statement on Monday. The acquisition underscores Snowflake’s push to expand its database […]
1.1K Views
Dubai, United Arab Emirates, 3rd June 2025, Chainwire
474 Views
Stuttgart, Germany, 3rd June 2025, Chainwire
467 Views
Artificial Intelligence
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Startup Funding
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Top Startup and Tech Funding News – June 2, 2025
It’s Monday, June 2, 2025, and we’re back with the first daily funding rundown in June, tracking the capital flows, bold ideas, and global bets shaping the next wave of innovation. Today’s roundup is lighter than usual on deal volume, […]
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Elon Musk’s brain tech startup Neuralink raises $650 million in Series E funding
Elon Musk’s brain-interface startup Neuralink just raised $650 million in fresh funding, the company announced Monday. Backers include ARK Invest, Founders Fund, Sequoia Capital, Thrive Capital, and Lightspeed Venture Partners. Neuralink says the new cash will support efforts to get […]
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Artificial Intelligence
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Fisent raises $2M to advance applied GenAI process automation for enterprises
Fisent Technologies, a tech startup building GenAI tools to take the grunt work out of enterprise operations, has added more fuel to its seed round. The company’s total funding now sits at $2 million, with new backing from Luxembourg-based Cloudberry […]
658 Views
Cary, North Carolina, 2nd June 2025, CyberNewsWire
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Artificial Intelligence
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Microsoft invests $400M in Switzerland, doubling down on Europe’s AI and cloud push
Earlier this year, Microsoft announced multi-billion-dollar AI and cloud investments in Germany, Spain, and Poland. Now, the Redmond tech giant is putting another $400 million into Switzerland as it doubles down on its European expansion. The company shared the news […]
508 Views
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FinTech
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IPO
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Digital banking startup Chime files for IPO, targeting $11.2B valuation in long-awaited Nasdaq debut
Chime is finally going public. The San Francisco-based digital banking startup filed plans on Monday to list on the Nasdaq under the ticker symbol CHYM, aiming for a valuation of up to $11.2 billion on a fully diluted basis. Chime […]
686 Views
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Neurotech startup Paradromics completes first human brain implant, challenges Neuralink in the BCI race
Less than four months after securing strategic investment from Saudi Arabia’s Neom, Texas-based neurotech startup Paradromics announced on Monday it successfully implanted its brain-computer interface (BCI) in a human for the first time. The procedure took place on May 14 […]
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