Ledger.

Startup · $3.2b raised

Thinking Machines Lab

Coverage

Stories naming Thinking Machines Lab. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

5 deals

Square Peg raises over $1 billion for new funds amid AI bonanza

Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.

Also Dealroom

2 deals

Courage, vision, impact: The women leaders who redefined power in 2025

A year-end list profiling women leaders worldwide, from presidents to tech founders; it recalls Airwallex's landmark capital raise and Mira Murati's new AI venture with its record seed round.

Also Forbes Australia·Forbes Australia

11 deals

In The Space Of Months, AI Funding Boom Adds More Than $500B In Value To Unicorn Board And Reshuffles Top 20

Crunchbase's unicorn tracker analysis finds AI-driven valuations added over half a trillion dollars in months, reshuffling the top twenty and minting eleven new decacorns in H2 2025, including Figure, Kraken, Mistral and Sierra.

Also Crunchbase News·Forbes Australia·Crunchbase News

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