financing

Renaiss, a liquidity infrastructure for real-world collectibles, announced the completion of a $1.5 million seed round financing, led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family, and Redline Labs. Angel investors come from Mask Network, Far East Group, Logoman, Hoopi, and Legit App.Built on the BNB Chain, Renaiss aims to connect third-party vaults, card shops, and custody nodes through Renaiss Vault OS, and uses Renaiss.XYZ as the application layer for users to access the on-chain collectibles market. It provides verifiable custody, standardized settlement, and on-chain liquidity for physical collectibles, eliminating friction in verification, custody, pricing, and cross-border transactions. Collectibles verified through custody can complete ownership transfers on-chain and circulate globally without trust and permission.The funds from this round will be used to expand the vault network, enhance product integration with the Renaiss SDK ecosystem, expand collectible categories, drive global market expansion, and support DeFi integration and AI Agent-related infrastructure development.It is reported that Renaiss has been selected for the third season of the YZi Labs incubation program EASY Residency and has won the 2025 Binance Blockchain Week Dubai Demo Night award, while ranking first in the RWA category on the BNB Chain. Since the Beta launch in November 2025, the Renaiss platform has achieved a turnover of over $20 million, with more than 260,000 users.

DeepSeek has officially launched the web version of its image recognition mode, while the app is still in the internal testing phase. From a functional perspective, the newly launched image recognition mode is still in its initial stage. The reporter used a photo of DeepSeek founder Liang Wenfeng multiple times to test the model, which, after a few minutes of processing, provided several incorrect answers and ultimately admitted, "I am really not sure. I do not recommend guessing names, as guessing wrong is worse than saying 'I don't know.'"In tests conducted by other netizens, when faced with a photo of founder Liang Wenfeng, DeepSeek even misidentified him as Yang Zhilin, the founder of Moonlight Dark Side, and a "younger version" of Ma Huateng. It is worth noting that just before the launch of the image recognition mode, DeepSeek was reported to have finalized its first round of financing exceeding 50 billion yuan. According to market news, the core investment terms for DeepSeek are: whether for large companies or VC funds, Liang Wenfeng's most important requirement is: do not poach DeepSeek's people or suggest they start their own businesses. The reporter inquired with insiders at DeepSeek about this situation and learned that this statement is basically true.

According to Bloomberg, Israeli artificial intelligence and cybersecurity company Dream has completed a $260 million financing round, with a post-money valuation of approximately $3 billion, nearly tripling from a valuation of about $1 billion in February 2025. This round was led by Bicycle Capital and Group 11, with participation from Bain Capital Ventures, Antler, Tru Arrow Partners, and others.Dream was founded in 2023 by former NSO Group CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz, initially focusing on national-level AI cyber defense. It has now launched a sovereign AI platform and AI security product Hero aimed at governments and state-owned enterprises, achieving nearly $300 million in sales to date, and will accelerate deployment in Europe, the Middle East, Asia, and the Americas.

According to BTCTreasuries, Bitcoin treasury company Capital B has disclosed that its shareholders' meeting has approved a large-scale financing plan, allowing for the raising of up to approximately $5.76 billion through the issuance of new shares, and refinancing of up to approximately $115.2 billion through the issuance of credit instruments, aimed at further increasing its Bitcoin holdings.Based on current prices, the potential scale of this financing could theoretically support the purchase of over 1.87 million BTC, demonstrating the company's continued high expansion in its crypto asset allocation strategy. This resolution implies that Capital B may continue to expand its Bitcoin holdings through a dual path of "equity + debt instruments" in the future, further strengthening its asset-liability structure and exposure to the crypto market.

According to the official announcement, Galaxy Ventures has announced the lead investment of $15 million in the Series A funding round for the high-end credit card startup Karta. This funding is part of Karta's total fundraising plan of $140 million, which also includes a $125 million credit line provided by Community Investment Management (CIM).It is reported that Karta is dedicated to providing high-quality credit card products issued in the United States for high-net-worth (HNW) individuals globally. The platform combines stablecoin infrastructure with artificial intelligence technology, breaking the reliance on traditional FICO scores. By collaborating with over 80 large private banks and brokerages worldwide (such as Raymond James, Itau, etc.), it offers unsecured credit underwriting based on users' verified assets at these institutions. Additionally, the credit card provides zero foreign exchange fees and a 24/7 AI-native concierge service based on WhatsApp.Data shows that Karta's revenue and payment transaction volume achieved over tenfold growth in 2025 and continued to record a fourfold quarter-on-quarter growth in the first quarter of 2026.

Receipts Depositary Corporation (RDC) has completed a new round of financing of $7 million, led by LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. The new funds are intended to accelerate the development of digital asset depositary receipt products and provide compliant securitized products and infrastructure services covering multiple asset classes for U.S. investors.

On-chain digital advertising startup EarnOS announced the completion of a $6 million Pre-A round of financing, led by 1kx, with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. In addition, EarnOS also received a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application validation, user access, and reward distribution systems. The company also announced a rebranding and stated that its L1 network will provide underlying support for EarnOS, aimed at large-scale user authentication and task incentive mechanisms.

J.P. Morgan strategist Tarek Hamid and his team have raised their forecast for total investment in artificial intelligence infrastructure by 2030 to $5.5 trillion in a recent research report, an increase of $400 billion from their prediction last November. The bank noted that in this investment race for super-scale data centers, approximately $4.1 trillion will come from debt financing, with loans covering an average of 85% of total project costs, indicating that AI capital expenditures have shifted to a debt market-centric financing model.Since last November, global bond issuance related to AI and data centers has exceeded $300 billion. The latest typical case comes from chip giant NVIDIA, which completed the pricing of a $25 billion investment-grade bond issuance this Monday, marking its return to the bond market for the first time in five years. This issuance was conducted in seven tranches (with maturities ranging from 2 to 30 years) and attracted oversubscription of up to $85 billion, ultimately increasing the issuance size by 25% from the initial target.The research report emphasizes that although tech giants like NVIDIA, Alphabet, and Amazon are generating substantial cash flow from the AI boom (with NVIDIA estimating free cash flow exceeding $200 billion this fiscal year), these giants still choose to issue hundreds of billions of dollars in bonds. This indicates that such bond issuance is not due to a "lack of financing," but rather that the credit market is confirming the pricing of AI assets.

According to The Information, DeepSeek has completed a record financing of over $7 billion, valuing the company at over $50 billion in this round of financing.In terms of funding sources, founder Liang Wenfeng personally invested 20 billion yuan, Tencent invested 10 billion yuan, CATL invested 5 billion yuan, and JD.com, NetEase, and IDG Capital each invested 3 billion yuan. The only exception is the National Artificial Intelligence Industry Investment Fund of China, which directly invested 1 billion yuan in DeepSeek, not only holding voting rights but also not subject to a 5-year lock-up period. Aside from the national-level fund, external investors have no voting rights and can only access specific financial information and enjoy priority investment rights in subsequent financing.The new round of financing marks a significant shift in DeepSeek's operating model. Since its establishment in 2023, DeepSeek, as the AI team under Huansquare Quantitative, has relied on its own funds for operation and has maintained research independence due to a lack of commercialization pressure. However, under pressure from funding and talent retention, Liang Wenfeng and the team initiated financing in April and conducted strict due diligence on the limited partners behind the investors to prevent equity from falling into the hands of unknown investors.

Green energy infrastructure startup TAR announced the completion of a $27 million seed round financing to develop modular "plug-and-play" power systems for data centers, aimed at addressing the power and deployment bottlenecks faced by data centers in the AI era.According to reports, the solution combines solar energy, wind energy, battery storage, and natural gas backup units to achieve nearly round-the-clock (24/7) local power supply capability, reducing reliance on the public grid and thus bypassing issues such as grid access queuing, approval delays, and power price fluctuations. TAR's co-founder stated that the core idea is to significantly compress the deployment cycle of energy systems through factory prefabrication, pre-assembly, and pre-testing, enabling data centers to achieve "rapid go-live" capability.In pilot projects, the system can provide approximately 10 MW of stable power supply and plans to deploy over 200 MW of normal load capacity by 2027. The company noted that its first customer is an undisclosed "neocloud" service provider, aiming to provide a faster energy deployment path for AI computing infrastructure.In terms of the economic model, TAR stated that its solution does not aim for costs below those of traditional grids but prioritizes solving the "speed issue." Its off-grid energy system can be deployed in about three months, avoiding the time costs associated with grid access and land restrictions. As the demand for AI computing continues to grow, power supply has been identified by multiple studies as one of the main bottlenecks for data center expansion. Industry analysis suggests that the "off-grid energy + modular data center" model is becoming a new direction in the competition for AI infrastructure.

According to a report by The Information, Broadcom announced its support for the Anthropic computing power project participated by Apollo and Blackstone.On the surface, this deal appears to be a financing arrangement for AI computing infrastructure, but industry insiders believe that its core lies in indirectly driving the long-term demand growth for Broadcom's custom AI chips by promoting large-scale AI computing deployments.

According to The Block, the Latin American cross-border payment app El Dorado has completed a $9 million Series A funding round, led by Paradigm, with participation from Coinbase Ventures and Verda Ventures.El Dorado focuses on addressing the issues of low efficiency and high costs in cross-border payments in Latin America, covering 12 countries including Argentina, Brazil, and Colombia. It currently has over 100,000 active users and has processed more than 5 million transactions.The company stated that its business has expanded to enterprise-level payment services, supporting cross-border trade and corporate cash flow, and has integrated stablecoin and fiat settlement systems into a unified payment architecture.After this funding round, El Dorado further launched an enterprise payment product based on the Tempo Layer 1 blockchain. This network was co-incubated by Paradigm and Stripe, aiming to provide global enterprises with cross-border settlement capabilities without the need for local entities.Analysts believe that as stablecoins and on-chain payment infrastructure accelerate their implementation in emerging markets, Latin American cross-border payments are becoming one of the important testing grounds for the integration of crypto finance and traditional payment systems.

According to PR Newswire, the digital payment platform Interchecks announced the completion of a $50 million Series C financing round, led by Bettor Capital, with participation from Commerce Ventures, Decades Holdings, and Thayer Street Partners.The company primarily serves account transfers, digital banking (neobank), brokerage platforms, and cryptocurrency wallet deposit scenarios, allowing businesses to make real-time deposits to compliant accounts using debit card vouchers, and achieving fast and secure fund flows through an integrated risk control system. It currently maintains partnerships with global payment networks such as Visa and Mastercard.

According to The Information, data center software startup and AI server broker Hydra Host has completed a new round of financing of $100 million, with a valuation of approximately $800 million. This round was led by Kindred Ventures, with participation from NVIDIA, ARK Invest under Cathie Wood, early CoreWeave investor Magnetar, and existing shareholders Founders Fund and Flume Ventures.Hydra Host was founded in 2021, initially serving cryptocurrency miners, and has now transformed into a data center operator providing automation software, as well as undertaking AI server trading matchmaking business. NVIDIA's direct involvement further highlights its strategic intent to build an ecological landscape in the AI computing power market.

According to Bloomberg, citing informed sources, the operating entity of Xiaohongshu, Xiaohongshu Technology Co., Ltd., is preparing to secretly submit its initial public offering application in Hong Kong by the end of June. The report states that the company is advancing potential listing matters with advisors, and this transaction is expected to rank among the large IPOs in Hong Kong in recent years. However, details such as the listing time, fundraising scale, and valuation have not yet been finalized, and discussions are still ongoing.Xiaohongshu was founded in Shanghai in 2013, with investors including Tencent, Alibaba, Sequoia China, Hillhouse Capital, and GGV Capital. In the 2024 financing round, Xiaohongshu's valuation was approximately $17 billion. With business growth, Xiaohongshu's valuation soared to $31 billion in secondary market trading in September 2025, and it predicted to shareholders that the full-year profit for 2025 would reach approximately $3 billion.

According to market news, the French company Mistral AI is in talks for financing, with a valuation of approximately 20 billion euros.

According to Reuters, Anthropic has signed more than 12 preliminary leasing agreements for data centers in the United States, with a total capacity exceeding 1 gigawatt. It is reported that Anthropic executives are discussing with Google about providing financial guarantees for these lease payments, while Apollo Global Management and Blackstone are providing private credit as part of a broader financing structure.Google's Gemini directly competes with Anthropic's Claude, but Google has committed up to $40 billion in investment to Anthropic and is participating in joint server chip design. Last month, Anthropic completed a $65 billion financing round with a valuation of $965 billion, surpassing OpenAI to become the AI company with the highest implied market value, and has secretly submitted a U.S. IPO application.Previously, Anthropic mainly relied on cloud service providers like Google Cloud for computing power, and building its own data centers aims to reduce dependence on competitors. In addition, Anthropic pays SpaceX (also a competitor through xAI) $1.25 billion per month for computing power. Neither Google nor Anthropic has publicly responded to specific details.

The AI-native trading decision platform TradingRazor announced the completion of a $1.5 million seed round financing, led by OneBit Ventures, Gaea Ventures, and Blockin VC, with participation from a group of angel investors in the Web3 industry. The new funds will be used for product development and ecosystem growth to support on-chain capital flow tracking, market data aggregation, AI-driven trading modeling, and embedded risk management.