News Summary

This week in the startup world, several significant events and funding announcements occurred. Neobank Chime went public in a highly anticipated IPO, marking a significant milestone since its near collapse in 2016. In another development, Automattic acquired Clay, a startup known for its personal CRM app, ensuring its continued support. Meanwhile, Multiverse Computing, a Spanish startup, secured a massive €189 million Series B to advance its AI models, and Enterprise AI company Glean raised $150 million in a Series F round, valuing it at $7.2 billion. Fervo Energy received $206 million to continue its geothermal projects, and German startup Proxima Fusion raised €130 million for nuclear fusion development. Tebi, a fintech startup, raised €30 million for its hospitality platform, while Definely, a legal tech startup, secured $30 million to streamline contract reviews. Additionally, Collab Capital closed a $75 million Fund II to invest in healthcare, infrastructure, and future work technologies.