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Blacksmith raises $66M Series C at a $1B valuation

Sequoia led the round in the continuous integration startup, with Peak XV, Y Combinator and GV joining. Blacksmith runs automated code build and test jobs, which are seeing more demand as more code is written by AI.

Pigment raises $250M Series E at a $2.3B valuation

The EQT-managed Scaleup Europe Fund led the round in the Paris-based business planning and forecasting software maker. Existing backers Greenoaks, ICONIQ, IVP and Meritech joined, and Nvidia is set to invest.

Ramp buys treasury software startup Vesto

Ramp bought treasury software startup Vesto, which links a company's accounts at many banks in one dashboard. Terms were not disclosed. The deal follows Ramp's $1.85B round at a $60B valuation the week before.

Salesforce agrees to buy Braze for $5.66B in cash

Salesforce will pay $47.50 a share in cash for the customer engagement platform, an enterprise value of about $5.66B, and plans to run Braze inside Marketing Cloud under its co-founders. The deal needs Braze shareholder and regulatory approval and is expected to close in Salesforce's fiscal 2028.

ASI raises $325M at a $3B valuation for infrastructure AI

Spark Capital led the Series C for ASI, formerly Air Space Intelligence, whose AI planning software is used in aviation, defense and energy. The company says it will use the money to expand into energy, logistics and field deployments.

Arda launches with a $160M Series A at a $1.5B valuation

The manufacturing engineering software startup, led by former OpenAI research chief Bob McGrew, came out of stealth with $232M in total funding: a $160M Series A co-led by Altimeter, Accel and Khosla Ventures and a $72M seed. Anduril is a design partner.