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Press Releases
Complete company and institutional announcements published by ADI News.
Space Raises $2.4 Million for an AI-Native Distributed Filesystem
Space raised $2.4 million to make large cloud-hosted files behave like local data for creative teams and AI agents.
Gravis Robotics Raises $200 Million for Autonomous Construction Machinery
Gravis Robotics raised $200 million from SoftBank to scale retrofit autonomy for excavators and mixed heavy-equipment fleets.
OLIX Raises $312 Million for Specialized AI Inference Chips
OLIX raised $312 million at a $3.3 billion valuation to build rack-scale systems using specialized chips and optical interconnects.
Databricks Closes $5 Billion Financing at a $190 Billion Valuation
Databricks closed $5 billion in strategic financing to expand enterprise AI controls, operational databases and governed business context.
Whole Foods Market and Young Farmers Launch $1 Million-Plus Farmer Fund
A new matched fund will offer $10,000–$50,000 grants and technical support to beginning sustainable farmers across the United States.
BRINC Raises $125 Million to Expand 911 Response Drone Programs
BRINC raised $125 million to expand U.S. manufacturing and deploy rooftop emergency-response drones for police and fire agencies.
Forbes Launches Creator Network Across Social Video, Podcasts and Events
Forbes Creator will develop social-first business storytelling across video, podcasts, written formats and live experiences.
Apoha Emerges From Stealth With $36 Million and Launches VIBE
Apoha has emerged from stealth with $36 million in cumulative funding and VIBE, a platform for measuring molecular behaviour in liquids.
Cowboy Space Raises $275 Million for Orbital AI Data Centers
Cowboy Space raised $275 million and unveiled an integrated rocket, satellite and solar-powered orbital computing strategy.
Thrive Capital Raises More Than $10 Billion for Its Largest Fund
Thrive Capital raised more than $10 billion for concentrated investments across AI, infrastructure, robotics, space and life sciences.