The global startup ecosystem is buzzing with high-impact funding across AI, autonomous vehicles, defense, fintech, and generative tech. Here are the top six standout funding stories reshaping industry dynamics.
1. xAI in Talks for $4.3B Equity Round
Elon Musk’s AI venture, xAI, is reportedly negotiating a $4.3 billion equity raise to complement an existing $5 billion debt plan. With a valuation now at $80 billion, this funding is intended to fuel growth after burning through much of its initial capital. xAI—maker of the Grok chatbot—also acquired X this year, as it positions itself to compete with OpenAI and its recent $40 billion raise .
2. Applied Intuition Secures $600M Series F
Applied Intuition, a leader in simulation and testing software for autonomous vehicles, closed a $600 million Series F, raising its valuation to $15 billion. The round was led by BlackRock and Kleiner Perkins. The company plans to accelerate investment in AV technology and expand vehicle simulation tools for corporations like Toyota and Volkswagen .
3. Mach Industries Raises $100M Series B
Mach Industries, a U.S.-based defense-tech startup, secured $100 million in Series B funding. Investors include Khosla Ventures and Bedrock, valuing the company at around $185 million. The startup focuses on advanced weapons systems and defense infrastructure innovations .
4. Nabla Closes $70M Series C for Healthcare AI
Paris-based Nabla, developer of AI-based copilots for clinical use, raised $70 million in Series C funding. Led by HV Capital, the round will support Nabla’s expansion of AI tools to assist doctors and healthcare teams—a key catalyst for healthcare innovation .
5. Saswat Finance Expands Into Rural Fintech
India’s Saswat Finance secured $2.6 million in pre-Series A funding from Ankur Capital and Incubate Fund Asia. The fintech startup aims to support underserved communities with credit, insurance, and financial services—highlighting the growth of fintech beyond metro cities .
6. Darwix AI Secures $1.5M Seed
Darwix AI, a generative AI startup operating between Saudi Arabia and Egypt, garnered $1.5 million in seed funding. Backed by Rebalance, IPV, and JITO Innovation Foundation, the capital will fuel the company’s mission in GenAI development .
Funding Landscape Insights
This week’s funding waves reveal:
- AI, autonomous vehicles, and defense tech remain strong investment priorities.
- Emerging fintech and healthcare AI startups are also gaining traction.
- There’s notable activity in global markets ranging from the U.S. and Europe to the Middle East and India.
Source:
TechStartups – Top Startup and Tech Funding News, June 17, 2025
