Sarvam AI's $350M at $1.5B: India's Sovereign Foundation-Model Unicorn
Bengaluru's Sarvam AI reached a $1.5B valuation in 2026 with a ~$350M round backed by HCLTech, Nvidia, and Amazon — India's flagship sovereign-AI bet.
Venture Capital News & Analysis
Funding news, venture capital analysis, investor profiles, and market intelligence.
-
-
Anduril's $5B Series H: Defense Tech's Valuation Doubles to $61B
Anduril raised $5B at a $61B valuation in May 2026, led by Thrive Capital and a16z — more than doubling its mark in a year and cementing defense tech as a core venture category.
-
Harlem Capital Backs Espa and AccessGrid; Malomo Exits
Harlem Capital backed repeat founders at Espa (AI) and AccessGrid (mobile wallet keys), while portfolio company Malomo was acquired by Redo.
-
Cowboy Ventures Backs Basata $21M Series A for Healthcare Ops
Cowboy Ventures joined Basata’s $21M Series A to automate healthcare operations, part of a busy 2026 that also included leading Petual’s seed round.
-
Cantos Backs Heaviside Industries $28M Series A in Defense Tech
Cantos backed Heaviside Industries’ $28M Series A (May 2026). That round is historical: the live mark is $600M after a $60M Series B on August 12, 2026.
-
Tessera Labs's $60M: a16z Backs an AI-Native Enterprise ERP
Tessera Labs raised $60M in May 2026, led by Andreessen Horowitz, to build a vertical AI-native ERP platform for enterprises.