financing

Chinese listed company Zhibao Technology announced that it has signed a non-binding term sheet with Joyer Tech to conduct PIPE financing based on 3,500 bitcoins.

JoinCare announced the completion of a new round of strategic seed funding, with participation from Titans Ventures, DI Foundation, and Candaq Ventures.This round of financing will be used to upgrade JoinCare's core infrastructure and the CareAgents AI-assisted research system, expand the global early-stage biopharmaceutical projects and the network of scientific and medical advisors, and promote the ecological applications and Launchpad construction of JoinCare.JoinCare is building an open DeSci incubation network aimed at early biopharmaceutical innovation, providing support for projects from discovery and scientific evaluation to collaborative incubation by connecting research teams, scientific and medical experts, ecological builders, and communities. In the future, JoinCare plans to expand this system to global research institutions and innovation teams, creating an AI-driven distributed biopharmaceutical innovation network.

According to The Block, the on-chain infrastructure layer SwarmBase, aimed at autonomous AI agents, has announced the completion of a $7 million financing round. This round was co-invested by Castrum Capital, M2M Capital, Notch Ventures, and Becker Ventures. Among them, Castrum Capital contributed an additional $4 million investment.It is reported that SwarmBase is a full-stack on-chain infrastructure protocol for autonomous AI agents. The platform provides core foundational modules such as identity, reputation, coordination, and transactions, enabling AI agents to operate independently through audited smart contracts.The funds raised in this round will primarily be used for the development of the SwarmBase protocol and ecological expansion, as well as preparations for the upcoming Token TGE. Castrum Capital stated that SwarmBase is well-positioned to lead the next wave of AI agents.

The Chinese AI large model company Dark Side of the Moon is accelerating its capitalization process, planning to start the final round of pre-IPO financing negotiations in August, with a target pre-investment valuation of $50 billion. Reports indicate that Dark Side of the Moon expects to complete a round of financing soon, corresponding to a valuation of approximately $31.5 billion. After completing this round of financing, the company will immediately engage in discussions for the next round of financing with potential investors, which may become its last private placement before entering the Hong Kong capital market.Market participants believe that if the financing plan proceeds smoothly, Dark Side of the Moon could initiate the process for a Hong Kong stock listing as early as this year. One of the key driving factors for this valuation increase is the company's recent release of the new generation large model Kimi K3. It is reported that Kimi K3 has a parameter scale of 28 trillion, supporting a context window of millions of tokens, making it one of the largest open-source models in the world by parameter scale. After the model was released, it quickly attracted market attention, prompting the company to adjust its new user subscription arrangements to ensure the user experience for existing customers.As the competition in generative AI enters a phase of comparison in computing power, user scale, and commercialization capabilities, large model companies are accelerating their search for capital support. Dark Side of the Moon's financing plan also reflects the market's ongoing interest in leading AI foundational model companies. However, the $50 billion valuation target also implies higher commercialization requirements. In the future, investors will focus on Dark Side of the Moon's revenue growth, control of computing costs, and whether the Kimi series models can form a stable business model. If the financing and listing plans proceed smoothly, Dark Side of the Moon may become an important case of capitalization for Chinese AI large model companies.

Insiders reveal that Samsung is in talks to participate in a new round of financing for the artificial intelligence startup Mistral, which could value Mistral at around 20 billion euros. This move will help the French company become a major alternative to American tech giants.One insider stated that Samsung had previously supported the company through its venture capital division and may invest about 1 billion euros in this new round of financing. This discussion reflects that AI developers are widely seeking to establish partnerships with semiconductor suppliers to address the situation where the demand for computing power in the industry far exceeds supply. Following the Trump administration's ban last month on foreign users accessing Anthropic's latest Mythos and Fable models, interest from European and Asian companies and governments in alternatives to leading American AI models has been steadily increasing. Since its establishment, Mistral has focused on developing open-source AI models that allow customers customization and control, meaning that no company or government can shut down these models.

Augustus is a startup that is building a federally chartered clearing bank. The company stated that it has raised $180 million, aiming to expand its dollar payment infrastructure, while stablecoins are reshaping the global financial system. This round of financing values Augustus at $1 billion. The round was led by Tiger Global Management, with participation from investors such as Hummingbird Ventures, QED Investors, as well as founders of Nubank, Ramp, Circle, and Deel.This financing comes at a time when banks, fintech companies, and crypto firms are competing to upgrade cross-border payment infrastructure. While the market's focus is mostly on stablecoin issuers, Augustus is targeting a less noticed but crucial part of the financial system—the correspondent banking system. Augustus CEO Ferdinand Dabitz stated in an interview, "We believe that the distribution of financial services is bottlenecked at the clearing bank level." He pointed out that traditional clearing systems are "slow, not available around the clock, take two days to settle, and are closed on weekends."

According to Jinshi Market news, Dark Side of the Moon is reportedly negotiating Pre-IPO financing with a valuation of 50 billion dollars.

According to Bloomberg, Venezuela's largest fintech company Cashea recently completed two rounds of financing totaling $100 million, including a $60 million Series B round led by FinSight Ventures in June this year, and a $40 million Series A round completed in March led by Spice Expeditions, which included $20 million in debt provided by Architect Capital. Several U.S. donor funds and Latin American investment institutions participated.Founded in 2022, Cashea provides "buy now, pay later" services for Venezuelan consumers who have long been credit-constrained. Users can make a down payment via the app or by scanning a code offline and then pay in interest-free installments. The company claims to have processed over 110 million transactions, serving more than 10 million accounts, with partnerships reaching 40,000 merchants. The new funds will be used to expand credit products and support post-disaster reconstruction.

According to a report by businesswire, the stablecoin and digital asset financial infrastructure service provider Cordant announced the completion of an $8 million seed round financing, led by Motive Partners and Oak HC/FT, with participation from Bankless VC, FJ Labs, SignalFire, Quona, Next Stage, Selah Ventures, Flatironx, Nascent Ventures, Silvercircle Ventures, and Generative Ventures. The new funds will support its introduction of new payment networks and AI automation tools.Cordant is collaborating with financial institutions on product co-development, covering banking, payments, embedded finance, cross-border transactions, stablecoins, and digital assets. Among them, the Latin American digital asset and payment platform Bitso and the blockchain infrastructure company Paxos are both participating as investors and design partners.

According to Dawn, the Federal Investigation Agency (FIA) of Pakistan has established a virtual currency investigation department within the newly launched National Command and Control Center (NC3), focusing on combating money laundering and terrorist financing using virtual assets.Officials responsible for the counter-terrorism department stated that this department will work in conjunction with the newly established Pakistan Virtual Assets Regulatory Authority (PVARA) to specifically investigate criminal activities related to crypto assets, and recommend that the National Cyber Crime Investigation Agency (NCCIA) and the Anti-Narcotics Force (ANF) set up similar units to address the use of crypto assets in cybercrime and drug trafficking.The FIA has also integrated functions such as anti-money laundering, border entry and exit monitoring, human trafficking, and smuggling investigations within the NC3, and is promoting new regulations and personnel expansion to shorten case processing times and enhance law enforcement coordination efficiency.

Ant International announced the completion of its Series A financing. Ant Group and several existing shareholders, including Alibaba, as well as multiple internationally renowned investment institutions participated in this round of financing. It is reported that the financing amount is approximately $1.2 billion, which will be used to expand global operations, accelerate investment in cutting-edge technologies such as AI, broaden inclusive fintech services like cross-border payments and global accounts, and help global merchants achieve growth.On March 19, 2024, Jing Xiandong announced that Ant International, OceanBase, and Ant Digital, all under Ant Group, have established their respective boards of directors and are independently facing the market. Currently, the chairman of Ant International is Jing Xiandong. Ant International's business covers major markets in Asia, Europe, the Middle East, and Latin America, connecting over 150 million global merchants and more than 2 billion consumer accounts, with innovation, settlement, and operation centers located in Shanghai, Hong Kong, Singapore, and Malaysia. Currently, Ant International has four major business segments: Alipay+, Antom, WorldFirst, and Bettr, which focus on enhancing global payment connectivity, developing technology-driven merchant payment, treasury management, and fintech solutions, and building a broad cooperation network with domestic and foreign financial institutions, technology companies, and merchants.

According to The Wall Street Journal, BlackRock is leading the effort to raise at least $12 billion in debt financing for Meta's new data center project located in El Paso, Texas. BlackRock and its infrastructure and private credit divisions hold an 80% stake in the project, while Meta holds the remaining 20%, with the park expected to have a capacity of approximately 1 gigawatt.JPMorgan and Morgan Stanley are responsible for leading this large-scale debt issuance and are in contact with other potential investors. The project structure is similar to Meta's Louisiana data center, where Blue Owl holds an 80% stake in the joint venture, Meta holds 20%, and construction is supported through debt financing. Additionally, Meta has agreed to lease a large data center project developed by Aligned Data Centers, supported by BlackRock, in Shippingport, Pennsylvania.Over the past year, BlackRock has continued to expand its investments in AI data centers, including the $40 billion acquisition of Aligned Data Centers. BlackRock was also one of the main investors in the $27 billion private debt financing for Meta's Louisiana data center, purchasing over $3 billion in bonds in that transaction.

AI inference infrastructure startup Infinity announced the completion of a $15 million financing round, with the company's valuation reaching $100 million. Investors in this round include Touring Capital, Principal VC, and researchers from organizations such as OpenAI and Anthropic.The company is developing a general reasoning library that enables different AI chips to automatically reproduce cutting-edge AI research results and enhance hardware performance through software optimization.

According to Bloomberg, producing the world's most popular advanced semiconductors requires a large amount of energy and relies on rare mineral resources. A UK AI startup, CuspAI, which was founded just two years ago, is betting that artificial intelligence can optimize this process and has raised nearly $500 million in funding for this purpose.CuspAI announced the establishment of the AI Materials Foundry alliance. This alliance brings together more than 48 tech giants, industrial companies, and research institutions, including Nvidia, Meta, and Hyundai Motor Group. The alliance aims to integrate the computing power resources and research capabilities of its members to jointly develop AI software, helping researchers develop new materials suitable for chip manufacturing and other industries at lower costs and faster speeds, thereby improving the efficiency of material research and accelerating innovation in advanced semiconductors and related industries.

Multicoin Capital, as the sole institutional investor, invested $1.75 million in Trasia Labs' seed round financing, officially entering the Hyperliquid ecosystem. Trasia is a perpetual contract trading platform natively built on Hyperliquid, primarily targeting the Asian market.Trasia was co-founded by former Multicoin Capital partner and former Stepn team Chief Revenue Officer Mable Jiang, along with Web3 practitioner Edison Chen. It officially launched its first web version on July 17, supporting both Chinese and English languages. The mobile app is expected to be launched in August and has initiated an invitation-based Asia Points rewards program. The platform currently connects to the Hyperliquid native perpetual market in a non-custodial manner and plans to launch its own perpetual contracts based on the HIP-3 protocol, focusing on asset classes that are of high interest to Asian investors, such as AI infrastructure and Pre-IPO. The official statement indicated that over $35 million in HYPE and USDC has been invested to support the growth of the Asian stock perpetual market and related ecosystem.

According to official news, the L1 blockchain ILITY has received a $1 million investment from Archer Capital and TBV to accelerate the layout of the Agent ecosystem. It is reported that ILITY's AI Agent economic ecosystem is about to launch, and this round of funding will mainly be used to deepen this emerging sector.ILITY Network is an infrastructure aimed at the AI Agent economy, providing verifiable on-chain identities for autonomous AI agents, real-time machine-to-machine (M2M) payment settlements between agents, and a reputation system that can be carried across services based on real on-chain performance records; its native token $ILY serves as the Gas and settlement currency for this ecosystem.Previously, the project's last round of financing was supported by institutions such as Animoca Brands, DuckDAO, UZ Capital, and Vega Ventures.

Decentralized AI Intelligent Network DGrid AI announced the latest data: cumulative revenue in the first half of 2026 exceeded $23 million, with more than 15,000 paid subscription users.DGrid also disclosed the completion of a $5 million seed round financing, with investors including Waterdrip Capital, IoTeX, Paramita VC, Zenith Capital, and other institutions. Achieving $23 million in revenue with $5 million in financing demonstrates high capital efficiency.DGrid aggregates over 200 mainstream models such as Claude, GPT, Gemini, and MiniMax through a unified AI Gateway, and ensures service quality and pricing transparency with its self-developed Proof of Quality (PoQ) mechanism, continuously building an open and verifiable decentralized AI infrastructure.

Neocloud company Nebius announced the completion of its first senior secured debt financing of approximately $775 million. This financing will be used to expand its AI cloud platform and is supported by deployed GPU infrastructure and cash flow from investment-grade customer contracts.This debt financing will mature in 2030, with an interest rate of SOFR + 2.5%. Nebius currently has over $40 billion in contract revenue from clients such as Microsoft and Meta.

Data analytics software company Databricks is completing a $3 billion funding round led by Coatue Management, with the company's valuation reaching $188 billion.Compared to a valuation of $134 billion in December 2025, this valuation represents an increase of approximately 40%. Reports indicate that the AI boom has driven market demand for Databricks' data analytics software.

According to CoinPost, the Tokyo Stock Exchange-listed company Bitcoin Japan (Old Horita Maru Masashi: 8105) announced the issuance of unsecured convertible bonds with stock subscription rights and the second round of stock subscription rights through the Cayman Islands investment fund EVO FUND, with an estimated total amount of approximately 9.657 billion yen.This marks the first time the company has allocated funds to Bitcoin since its name change, with an amount of 662 million yen, accounting for about 7% of the total financing. The remaining funds are primarily used for undisclosed equity investments (3.756 billion yen), investments in South African rare earth mines (3.503 billion yen), and investments in RaaS business (1.446 billion yen).