The largest rounds this week went to AI and defense tech companies, amid a generally busy period for big financings. Coding automation platform Cursor and parent company Anysphere led by a long shot, closing on a $2.3 billion Series D. The next-largest round was a $510 million financing for defense tech company Chaos Industries, followed by financings in sectors including AI inference, e-commerce and electric vehicles. 1. Anysphere, $2.3B, AI coding: Coding automation platform Cursor and parent company Anysphere raised $2.3 billion in a Series D financing backed by Accel, Thrive Capital, Andreessen Horowitz, DST Global, Coatue, Nvidia and Google. The round set a $29.3 billion post-money valuation for the San Francisco-headquartered company, which is more than 3x higher than what it secured just six months ago. 2. Chaos Industries, $510M, defense tech: Chaos Industries, a defense tech startup focused on counter-drone radar and communication systems, announced that it secured $510...
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