Positron

Retained excerpt

Positron, an AI chip startup, is in talks to raise $750 million over a two-phase round. The first phase could value the company at $3.5 billion, Bloomberg reported. British maritime defense specialist Kraken Technology Group raised a $175 million Series B led by DTCP at a $1 billion valuation. San Francisco-based Prime Intellect, which builds infrastructure for training and deploying open frontier AI models, raised a $130 million Series A led by Radical Ventures. Gradium, a Paris-based startup developing the voice layer for agentic and interactive apps, extended its seed round to $100 million. Investors included Nvidia. Houston-based startup Venus Aerospace, a developer of rocket engines for hypersonic weapons and space vehicles, raised a $91 million Series B led by Mercury Fund. Munich-based semiconductor equipment group QuantumDiamonds raised €91 million in equity and debt in a round led by World Fund. TJM Labs, a pharmacy AI startup, raised a $75 million Series B led by Elephant.…

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