DeepSeek’s $7B Round Leads a Big Day for AI Capital
Thursday, June 4, 2026 · 10 min
DeepSeek is lining up its first outside funding at a potential $59 billion valuation, while Benchmark breaks tradition with a growth fund and AlphaSense raises $350 million as AI keeps reshaping venture deal sizes.
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DeepSeek is lining up its first outside funding at a potential $59 billion valuation, while Benchmark breaks tradition with a growth fund and AlphaSense raises $350 million as AI keeps reshaping venture deal sizes.
In this episode
- DeepSeek lines up its first outside money: a $7bn round at up to $59bn — The Next Web
DeepSeek lines up its first outside money: a $7bn round at up to $59bn DeepSeek has spent eighteen months as the most talked-about AI lab that almost nobody could invest in. That is about to change. The Chinese startup is slated to raise roughly 50 billion yuan, about $7bn, in its first external funding round, according to people familiar with the matter, in a deal that would value it at between…
- Benchmark raises its first-ever growth fund as part of $2B capital raise | TechCrunch — TechCrunch
Benchmark raises its first-ever growth fund as part of $2B capital raise | TechCrunch Image Credits:TechCrunch # Benchmark raises its first-ever growth fund as part of $2B capital raise 8:52 PM PDT · June 3, 2026 Benchmark Capital, the storied Silicon Valley VC firm known for early investments in eBay, Snap, Uber, and Twitter, is breaking with one of its signature traditions: keeping its…
- AlphaSense Raises $350M at $7.5B Valuation, and Surpasses $600M in Annual Recurring Revenue | Markets Insider — Markets Insider
AlphaSense Raises $350M at $7.5B Valuation, and Surpasses $600M in Annual Recurring Revenue | Markets Insider # AlphaSense Raises $350M at $7.5B Valuation, and Surpasses $600M in Annual Recurring Revenue Jun. 3, 2026, 08:00 AM NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the close of…
- Town Raises $55M Series A From a16z and Forerunner to Build the AI Assistant That Learns How You Work | Markets Insider — Markets Insider
Town Raises $55M Series A From a16z and Forerunner to Build the AI Assistant That Learns How You Work | Markets Insider # Town Raises $55M Series A From a16z and Forerunner to Build the AI Assistant That Learns How You Work Jun. 3, 2026, 09:45 AM SAN FRANCISCO, June 03, 2026 (GLOBE NEWSWIRE) -- Town, the personalized AI assistant that learns how people work across the tools they already use,…
- Gigaton raises $26M to rip out the control software running heavy industry — The Next Web
Gigaton raises $26M to rip out the control software running heavy industry A cement kiln is one of the least forgiving machines in industry. It runs at fourteen hundred degrees, it cannot easily be stopped, and the software deciding its fuel mix and oxygen levels is often older than the engineers tending it. Gigaton wants to throw that software out and let an AI run the kiln instead. On 3 June,…