Crusoe Valuation Triples to $10B+ After $1.4B Raise; Uniphore Raises $260M Series F
Key Takeaways
- Crusoe raised $1.4B, valuation triples to $10B+ as OpenAI infrastructure provider.
- Uniphore raised $260M Series F, valuation at $2.5B to boost AI Cloud.
- OpenAI acquired Software Applications Inc. for AI Mac interface development.
- Newton raised $3.8M seed for AI-powered dental workflow automation platform.
- Lakestar ceases new generalist funds, focuses on maximizing existing portfolio returns.
Top Stories
Crusoe raises $1.4B, valuation triples to $10B+ as OpenAI provider.
On October 23, 2025, data center startup Crusoe raised $1.4 billion in funding led by Mubadala and Valor, more than tripling its valuation to over $10 billion in one year. Crusoe is an infrastructure provider to OpenAI.
Uniphore raises $260M Series F, valuation at $2.5B.
On October 22, 2025, Uniphore announced it has raised $260 million in a Series F funding round, valuing the company at $2.5 billion. The funding will be used to accelerate innovation on Uniphore's Business AI Cloud.
OpenAI acquires Software Applications Inc. for AI Mac interface.
On October 23, 2025, OpenAI acquired Software Applications Inc., an AI startup developing an AI-powered user interface for Mac desktops. The acquisition aims to enhance AI task management and integrate the startup's technology into ChatGPT.
Newton raises $3.8M seed for AI-powered dental workflow automation.
On October 22, 2025, Newton, an AI-powered dental workflow automation platform, announced it has raised $3.8 million in seed funding. The funds will be used to grow its platform.
Lakestar ceases new generalist funds, focuses on existing portfolio.
On October 23, 2025, Lakestar announced a strategic shift, ceasing the raising of new generalist venture funds. The firm will now focus on maximizing returns from its existing portfolio.
Funding Alert
LiblibAI raises $130M Series B for AI creator platform.
On October 22, 2025, LiblibAI, an AI creator platform, completed a $130 million Series B funding round. The funding, led by Sequoia China and CMC Capital, will support the platform's multi-modal capabilities and content ecosystem.
Peregrine Energy Solutions secures $130M for US battery storage.
On October 22, 2025, Peregrine Energy Solutions secured $130 million to develop battery storage projects across the U.S. The funding will enhance grid stability and meet growing power demands.
Meva Energy secures €40M for biogas plant expansion in Europe.
On October 23, 2025, Meva Energy announced €40 million in venture debt financing from the European Investment Bank. The funding will upgrade existing sites and build new modular biogas plants across Europe.
Tensormesh secures $4.5M seed for AI inference cost reduction.
Tensormesh has secured $4.5 million in seed funding, led by Laude Ventures, to commercialize its AI inference optimization technology. The technology reduces inference costs by up to ten times.
Shuttle raises $6M seed for Rust app deployment platform.
On October 22, 2025, Shuttle, a platform engineering startup, announced $6 million in seed funding. Shuttle will expand its services to every programming language and AI coding system.
Redwood Materials raises $350M for AI data center energy storage.
In October 2025, Redwood Materials raised $350 million in a funding round led by Eclipse with participation from Nvidia, boosting its valuation to over $6 billion. The funding will support Redwood's energy storage systems for AI data centers.
Republic Tech secures $100M for ETH validator infrastructure.
On October 23, 2025, Republic Technologies announced a US$100 million secured convertible note facility at 0% interest. Over 90% of proceeds will be allocated to acquire ETH for expanding validator infrastructure and attestation operations.
India Quotient closes Fund V at $129M, doubles previous fund.
On October 22, 2025, India Quotient announced the closing of its Fund V at $129 million, more than double the size of its previous fund. The fund will focus on backing pre-seed, seed stage, and idea stage Indian startups.
Acoru secures €10M Series A for AI-driven cybersecurity tech.
On October 22, 2025, Acoru closed a €10 million Series A funding round to enhance its cybersecurity technology. The technology combats AI-driven fraud and money laundering.
Industry Insights
AWS faces 'blind spot' in identifying early-stage AI startups.
As of October 2025, Amazon Web Services (AWS) faces a 'blind spot' in identifying early-stage AI startups. This has led AWS to miss out on high-growth customers like SurgeAI and Base44.
Legal Matters
Rivian settles shareholder lawsuit for $250 million over IPO.
On October 23, 2025, Rivian agreed to pay $250 million to settle a 2022 class-action lawsuit from shareholders. The lawsuit claimed the company defrauded investors over vehicle prices during and after its 2021 IPO.
Market Trends
ChatGPT business subscriptions surge sixfold in EMEA, led by Europe.
On October 23, 2025, OpenAI revealed a sixfold year-on-year surge in ChatGPT business subscriptions in Europe, the Middle East, and Africa. The growth is driven by Europe, with strong demand from finance, retail, and life sciences firms.
Turbo AI hits 5M users, eight-figure ARR with $750K funding.
On October 23, 2025, Turbo AI, an AI notetaking app, reached five million users and achieved eight-figure annual recurring revenue. The company has only $750,000 in funding.
SoundHound AI stock split potential discussed after 260% rise.
On October 23, 2025, The Motley Fool discussed the potential for SoundHound AI (SOUN) to undergo a stock split. The stock has risen over 260% in the past year.
Google to invest in THG Ingenuity at $1.01B+ valuation.
On October 23, 2025, Alphabet's Google reportedly agreed to invest in an instrument that could convert into an equity stake in THG Ingenuity. The valuation is 750 million pounds ($1.01 billion) or more.
D-Wave Quantum stock surges +19.86%, up 230.14% YTD.
On October 23, 2025, D-Wave Quantum stock surged by +19.86% to €28.18. The stock has seen significant gains over the past three months (+82.78%) and since the start of the year (+230.14%).
Investor interest surges in pre-IPO shares of AI-related firms.
On October 22, 2025, Bloomberg reported that successful IPOs of AI-related firms like CoreWeave and Figma are driving a surge in investor interest in pre-IPO shares.
Nomura to increase private market investments from Japanese investors.
On October 23, 2025, Nomura CEO Kentaro Okuda stated the company's intention to increase private market investments from Japanese investors. Nomura's alternative assets grew 25% to $18 billion in the past year.
Tech Innovation
TikTokWizard Pro Plan offers 79% discount for lifetime subscription.
On October 22, 2025, Entrepreneur Store announced a 79% discounted lifetime subscription to TikTokWizard Pro Plan for $59.99. TikTokWizard Pro Plan is an AI-powered tool designed to help entrepreneurs grow their TikTok following.
Affirm expands Worldpay partnership for BNPL on SaaS platforms.
On October 23, 2025, Affirm expanded its partnership with Worldpay to integrate its buy now, pay later (BNPL) services. This collaboration will allow over 1,000 SaaS companies to offer Affirm as a payment method.