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Venture Capital & Startup Funding Roundup, July 2, 2026

It’s Thursday, July 2, 2026, and today’s funding activity makes one thing clear: investors are no longer just betting on AI—they’re funding the infrastructure, hardware, and specialized technologies needed to build the next generation of intelligent systems. If today’s funding […] The post Venture Capital & Startup Funding Roundup, July 2, 2026 first appeared on Tech Startups.

Nickie Louise · 2 Jul 2026

Kling AI raises $2.8B at $15B valuation with backing from Alibaba, Tencent, and Baidu

China’s AI investment boom just got another major vote of confidence. Kling AI, one of the country’s most popular AI video generation platforms, has secured more than $2.8 billion in fresh funding from a group of investors led by tech […] The post Kling AI raises $2.8B at $15B valuation with backing from Alibaba, Tencent, and Baidu first appeared on Tech Startups.

Daniel Levi · 3 Jul 2026

Polymarket paid influencers to fake winning bets in 140 million-view marketing campaign, WSJ investigation finds

A Wall Street Journal investigation has found that crypto prediction market platform Polymarket paid dozens of social media creators to post videos showing what appeared to be large, profitable bets on its platform, even though many of those trades never […] The post Polymarket paid influencers to fake winning bets in 140 million-view marketing campaign, WSJ investigation finds first appeared on T

Daniel Levi · 3 Jul 2026

Apple veteran’s AI smart glasses startup Even Realities hits $1B valuation in $150M funding round1 views

The race to replace smartphones with AI-powered wearables is attracting fresh investment. Even Realities, a smart glasses startup founded by former Apple engineer Will Wang, has raised $150 million in a pre-Series B funding round, lifting the company’s valuation to […] The post Apple veteran’s AI smart glasses startup Even Realities hits $1B valuation in $150M funding round first appeared on Tech

Daniel Levi · 6 Jul 2026

Katalyze AI raises $10.5M to bring agentic AI to pharma manufacturing and life sciences

Artificial intelligence has already reshaped drug discovery. Katalyze AI is betting the next opportunity lies deeper inside pharmaceutical companies, where scientists and manufacturing teams still spend countless hours piecing together data from disconnected systems before critical decisions can be made. […] The post Katalyze AI raises $10.5M to bring agentic AI to pharma manufacturing and life sc

Daniel Levi · 6 Jul 2026

Microsoft lays off 4,800 employees as AI reshapes the company, Xbox loses 20% of its workforce

Microsoft is cutting 4,800 jobs in its latest round of layoffs, and the Xbox division is taking one of the biggest hits. Roughly one in five Xbox employees will leave over the next year, marking one of the largest restructurings […] The post Microsoft lays off 4,800 employees as AI reshapes the company, Xbox loses 20% of its workforce first appeared on Tech Startups.

Nickie Louise · 6 Jul 2026

Honeywell spinoff Solstice to acquire Element Solutions in $14.5B deal to expand AI infrastructure business

The race to build the infrastructure behind artificial intelligence is driving another multibillion-dollar acquisition. Solstice Advanced Materials, the specialty chemicals company spun off from Honeywell, has agreed to acquire Element Solutions in a cash-and-stock transaction valued at about $14.5 billion, […] The post Honeywell spinoff Solstice to acquire Element Solutions in $14.5B deal to expa

Daniel Levi · 6 Jul 2026

For Every $1 Spent on AI, Companies Pay $0.44 Fixing Bugs, $0.27 Rewriting Code, and $0.11 on Review Delays, Study Finds

Weeks after TechStartups revealed how one company accidentally spent $500 million on Claude AI in a single month, new research suggests runaway token bills are only part of the enterprise AI cost equation. In late May, TechStartups reported on an […] The post For Every $1 Spent on AI, Companies Pay $0.44 Fixing Bugs, $0.27 Rewriting Code, and $0.11 on Review Delays, Study Finds first appeared on T

Daniel Levi · 6 Jul 2026

DeepSeek is building its own AI chip to cut reliance on Nvidia and Huawei, report

DeepSeek is making one of its biggest strategic moves yet. The Chinese AI startup that stunned the industry early last year with its low-cost reasoning models is now developing its own AI chip, signaling a desire for greater control over […] The post DeepSeek is building its own AI chip to cut reliance on Nvidia and Huawei, report first appeared on Tech Startups.

Daniel Levi · 7 Jul 2026

Google backs Proxima Fusion in $468M funding round to build Europe’s first commercial fusion power plant

Google is placing another major bet on nuclear fusion, joining a €411 million ($468 million) funding round for German startup Proxima Fusion as Europe pushes to secure a place in the global race to commercialize fusion energy. The investment gives […] The post Google backs Proxima Fusion in $468M funding round to build Europe’s first commercial fusion power plant first appeared on Tech Startups.

Daniel Levi · 7 Jul 2026