Geothermal and Fusion Energy Breakthroughs, Chime’s IPO Success
In today's episode, we explore Fervo Energy's $206 million funding boost for its Utah geothermal project and Proxima Fusion's record €130 million Series A round in Europe. Plus, Chime Financial's impressive $700 million IPO debut on Nasdaq. Join us for these stories and more on Simply News Radio.
Sources:
https://fervoenergy.com/fervo-secures-new-financing-to-accelerate-development/
https://techcrunch.com/2025/06/11/fervo-energy-lands-206m-in-financing-to-build-massive-geothermal-power-plant/
https://carboncredits.com/fervo-energy-secures-206-million-for-u-s-geothermal-ambitions/
https://fervoenergy.com/milestone-moment-for-the-future-of-geothermal/
https://heatmap.news/climate-tech/fervo-206-million
https://techcrunch.com/2025/06/10/proxima-fusion-joins-the-club-of-well-funded-nuclear-contenders-with-e130m-series-a/
https://www.ianhogarth.com/blog/2025/6/11/proxima-fusions-series-a-what-does-it-take-for-first-time-founders-to-raise-150m-for-fusion-within-two-years-of-founding
https://www.power-technology.com/news/proxima-fusion-secures-150m-financing/
https://www.cleanenergywire.org/news/investors-bet-record-eu130mln-german-fusion-startup-proxima
https://www.vestbee.com/blog/articles/proxima-fusion-raises-130-m
https://siliconangle.com/2025/06/12/chime-closes-37-nasdaq-debut-raising-700m-ipo/
https://www.investopedia.com/chime-stock-soars-in-trading-debut-11753113
https://www.axios.com/pro/fintech-deals/2025/06/11/chime-700-million-ipo
https://techstartups.com/2025/06/12/digital-banking-startup-chime-pops-on-ipo-debut-raises-700m-at-11-6b-valuation/
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11:51
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11:51
Fusion and Robotics: The Future of Energy and Delivery
In today's episode, we explore groundbreaking advancements in energy and robotics. Proxima Fusion secures a record €130 million to pioneer commercial fusion power in Europe, while Coco Robotics partners with OpenAI to revolutionize autonomous delivery with $80 million in new funding. Join us as we delve into these transformative technologies and their potential impact on global energy independence and urban logistics.
Sources:
https://techcrunch.com/2025/06/10/proxima-fusion-joins-the-club-of-well-funded-nuclear-contenders-with-e130m-series-a/
https://www.ianhogarth.com/blog/2025/6/11/proxima-fusions-series-a-what-does-it-take-for-first-time-founders-to-raise-150m-for-fusion-within-two-years-of-founding
https://www.cleanenergywire.org/news/investors-bet-record-eu130mln-german-fusion-startup-proxima
https://www.power-technology.com/news/proxima-fusion-secures-150m-financing/
https://www.vestbee.com/blog/articles/proxima-fusion-raises-130-m
https://techcrunch.com/2025/06/11/sam-altman-backed-coco-robotics-raises-80m/
https://www.convergence-now.com/telecom/delivery-bots-just-got-smarterthanks-to-80m-boost-and-openai-partnership-119453
https://www.prnewswire.com/news-releases/coco-robotics-raises-80m-to-expand-autonomous-delivery-and-ai-platform-302478405.html
https://aimresearch.co/ai-startups/openais-sam-altman-invests-in-80m-round-for-coco-robotics-ai-powered-delivery-fleet
https://www.ainvest.com/news/coco-robotics-80m-funding-game-changer-autonomous-delivery-2506/
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9:08
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9:08
Tech Giants and Defense Innovators: Major Funding Rounds Reshape Industries
In today's episode, we delve into the tech and defense sectors' latest funding milestones. Scale AI is in talks with Meta Platforms for a potential $10 billion investment, marking a significant move in the AI landscape. Anysphere raises $900 million, boosting its valuation to $9.9 billion, as it revolutionizes software development with its AI coding assistant, Cursor. Meanwhile, Anduril secures $2.5 billion in Series G funding, doubling its valuation and highlighting its growing influence in defense technology. Join us as we explore these groundbreaking developments and their implications for the future.
Sources:
https://www.theinformation.com/articles/meta-scale-ai-deal-mean-cursors-explosive-revenue
https://www.pymnts.com/artificial-intelligence-2/2025/meta-reportedly-exploring-10-billion-plus-investment-in-scale-ai/
https://site.financialmodelingprep.com/market-news/meta-eyes--billion--investment-in-scale-ai-to-supercharge-its-ai-push
https://techfundingnews.com/meet-cursor-how-anyspheres-mit-born-ai-startup-hit-a-9-9b-valuation-in-3-years/
https://siliconangle.com/2025/06/05/anysphere-raises-900m-ai-powered-cursor-code-editor/
https://venturecapital.com/news/funding-events/anysphere-raises-900-million-at-99-billion-valuation-attracts-major-investors-v1
https://www.nasdaq.com/articles/ai-powered-coding-tool-anysphere-raises-900m-99b-valuation-its-third-round-less-one-year
https://www.ainvest.com/news/anysphere-9-billion-surge-ai-coding-star-stay-lit-2506/
https://techcrunch.com/2025/06/05/anduril-raises-2-5b-at-30-5b-valuation-led-by-founders-fund/
https://www.fintechweekly.com/magazine/articles/anduril-raises-2-5b-defense-series-g-valuation-30b
https://fortune.com/2025/06/05/anduril-palmer-luckey-funding-30-billion-valuation-founders-fund/
https://aviationweek.com/defense/supply-chain/anduril-valued-305-billion-after-series-g-funding-round
https://techfundingnews.com/anduril-raises-2-5b-valuation-30-5b-autonomous-defence/
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11:19
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11:19
Funding Boosts for Fashion, Fintech, and Supply Chain Innovators
In today's episode, we explore major funding rounds that are set to transform various industries. Vivrelle secures $62 million to expand its luxury accessories rental platform, VersiFi raises $10.8 million to enhance digital asset trading, and Kargo garners $18.4 million to revolutionize supply chain management with AI. Join us as we delve into how these companies plan to utilize their new capital and the potential impacts on their respective sectors.
Sources:
https://www.businesswire.com/news/home/20250603774608/en/Vivrelle-Closes-$62M-Series-C-Accelerating-Business-Growth-and-Innovation
https://fortune.com/2025/06/04/vivrelle-series-c-funding-62-million-luxury-handbag-designer-rental/
https://mt.fashionnetwork.com/news/Vivrelle-secures-62-million-series-c-funding,1737668.html
https://alleywatch.com/2025/06/the-alleywatch-startup-daily-funding-report-6-5-2025/
https://traded.co/vc/deal/vivrelle-raises-62-million-in-series-c-funding-from-protagonist/
https://alleywatch.com/2025/06/the-alleywatch-startup-daily-funding-report-6-5-2025/
https://muckrack.com/media-outlet/alleywatch
https://ffnews.com/companies/
https://alleywatch.com
https://ffnews.com/people/
https://www.businesswire.com/news/home/20250606420349/en/Kargo-Raises-$18M-to-Set-New-Industry-Standards-for-Inventory-Management
https://www.pymnts.com/news/investment-tracker/2025/kargo-raises-18-4-million-to-develop-ai-powered-products-for-supply-chains/
https://www.startuphub.ai/kargo-secures-18m-in-series-funding-to-revolutionize-supply-chain-inventory-management/
https://aimresearch.co/ai-startups/from-blind-spots-to-big-money-kargos-18m-ai-warehouse-vision
https://vcnewsdaily.com/kargo/venture-capital-funding/yypmmsqqng
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12:59
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12:59
Miami’s Startup Surge, Kargo’s AI Leap, and Florida’s Noncompete Controversy
Explore the highlights of Endeavor Miami's 2025 Startup Pitch Competition, where innovation takes center stage. Discover how Kargo's $18.4 million Series A funding is set to revolutionize supply chain management with AI technology. Plus, delve into the implications of Florida's new CHOICE Act, expanding noncompete agreements and stirring debate in the startup community. Join us for these stories and more on Simply News Radio.
Sources:
https://ground.news/article/10-founders-took-the-stage-at-endeavor-miamis-2025-startup-pitch-competition-and-the-winners-were-refresh-miami
https://www.instagram.com/p/DKZ_EZGMfMY/
https://www.instagram.com/p/DKb44C-M53V/
https://uschinadaily.com/?p=90623
https://en.wemakefuture.it
https://ground.news/article/10-founders-took-the-stage-at-endeavor-miamis-2025-startup-pitch-competition-and-the-winners-were-refresh-miami
https://www.instagram.com/p/DKZ_EZGMfMY/
https://www.instagram.com/p/DKb44C-M53V/
https://uschinadaily.com/?p=90623
https://en.wemakefuture.it
https://www.businesswire.com/news/home/20250606420349/en/Kargo-Raises-$18M-to-Set-New-Industry-Standards-for-Inventory-Management
https://www.startuphub.ai/kargo-secures-18m-in-series-funding-to-revolutionize-supply-chain-inventory-management/
https://vcnewsdaily.com/kargo/venture-capital-funding/yypmmsqqng
https://techstartups.com/2025/06/06/top-10-startup-and-tech-funding-news-for-the-week-ending-june-6-2025/
https://www.bastillepost.com/global/article/4917598-kargo-raises-18m-to-set-new-industry-standards-for-inventory-management
https://www.employmentlawworldview.com/floridas-employer-friendly-choice-act-establishes-new-protections-for-garden-leave-and-noncompete-agreements-us/
https://www.insurancejournal.com/news/southeast/2025/06/04/826171.htm
https://www.lumalexlaw.com/2025/06/04/floridas-choice-act-transforming-non-compete-and-garden-leave-agreements/
https://www.mavricklaw.com/blog/defending-florida-employers-2/
https://www.law360.com/articles/2348008/employer-friendly-fla-law-ushers-in-new-noncompete-era
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