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DriveNets

Business & Markets · Startups

DriveNets Secures $410M Series D to Meet Surging Demand for Ethernet Fabric in Large-Scale AI Deployments

Insider Brief PRESS RELEASE — DriveNets, a leader in large-scale networking solutions, has announced it has completed a $410 million Series D financing round, reaching $1 billion total capital raised. With more than $1B

3 Jun 2026 · 5 min read

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Efficient Computer, Taking on AI’s Energy Problem, Announces $97M to Scale its Processors from Physical AI to the Datacenter

Business & Markets

ElevenLabs Doubles Valuation to $22B Through $300M Employee Tender Offer

Physical AI

Tangent Robotics Raises $4.5M in Pre-Seed Funding to Develop Fine Motor Skills for Robot Hands

Business & Markets

Modal Labs Nears $750M Round at $15.75B Valuation as AI Inference Demand Surges

Business & Markets

GMI Cloud Raises Over $660M to Accelerate Global AI Infrastructure Expansion

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