Search results for New Enterprise Associates
AI & Enterprise
Bezos also bets as CuspAI teams up with Nvidia to find new materials for AI chips
British AI startup CuspAI has raised $450 million and will work with Nvidia to discover new materials for next-generation semiconductors. CNBC reported the funding values CuspAI at $2.6 billion, with investors including Jeff Bezos’ Bezos Expeditions, Kleiner Perkins and others. CuspAI launched an AI Materials Foundry to link data, labs and computing resources. Nvidia will provide accelerated computing infrastructure, and Meta’s fundamental AI research group will also participate.
AI & Enterprise
Valarian raises $50 million to target sovereign AI market for defence system protection
London-based defence-focused AI infrastructure startup Valarian Technologies has raised $50 million in a Series A funding round to target the sovereign AI market. The investment was led by New Enterprise Associates, its first European defence tech startup deal, with participation from Lightbank, XTX Markets, Sequoia and LitVC. Valarian supplies AI infrastructure for sensitive government and regulated-industry computing environments and offers separate products for commercial clients and defence agencies.
AI & Enterprise
U.S. healthcare AI operations platform Nitra raises $187 million
Nitra, an all-in-one AI operations platform for U.S. healthcare providers’ back offices, raised $187 million through Series A and B rounds and venture debt, the company said on Tuesday. Nitra said its cumulative funding totals $205 million. Dunamu & Partners was the only South Korean investor in the round. Nitra said it aims by 2026 to secure more than 3,000 clinics and exceed $150 million in annualized revenue.