TECH NEWS

Emergent Raises $130 Million, Becomes Unicorn at $1.5 Billion Valuation

AI software creation platform Emergent has raised $130 million in a Series C funding round, valuing the company at $1.5 billion and taking it into the unicorn club nearly a year after its public launch.

The round was led by Creaegis, with Claypond Capital and Sentinel Global joining as co-lead investors. Existing investors Khosla Ventures, SoftBank Vision Fund 2, Lightspeed and Y Combinator also participated.

The latest round takes Emergent’s total funding to $230 million. Its valuation has increased fivefold from the $300 million valuation reported during its $70 million Series B round in January 2026.

Emergent plans to use the fresh capital to expand its AI-based software development platform, which allows entrepreneurs, small businesses and users without coding experience to build full-stack web and mobile applications.

Building Software Without Traditional Development Teams

Emergent positions its platform as an alternative to generic software-as-a-service products, external development agencies and lightweight application...

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A better way to turn 2D designs into 3D models for rapid prototyping

Engineers often use vision-language models to produce new designs, such as for airplane or automobile components. To simulate how those components will perform in realistic situations, they’ll use tried-and-true computer-aided design (CAD) software to generate 3D models of those designs, which they can put through virtual crash or durability

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Applied Computing wants to give oil and gas operators an AI model for the entire plant

Applied Computing, a London-based startup that’s building a foundation AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with Databricks Ventures participating. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single

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Lululemon backs nylon recycling startup Syntetica in $30M Series A

Activewear company Lululemon has invested in the $30 million Series A round raised by Syntetica, a French startup that developed a novel approach to recycling nylon, whose properties make it both too good to give up but hard to reuse. Syntetica promises to recycle two types of nylon — Nylon 6

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Cyberattack threatens utterly critical infrastructure in Japan: KFC

The Colonel stops taking online orders and may close stores after logistics partner’s systems go down The crippling high-consequence attack on vital infrastructure that cybersecurity experts have warned about for years is upon us, in the form of an incident that may force KFC to close some stores in

Building Software Without Traditional Development Teams

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A better way to turn 2D designs into 3D models for rapid prototyping

Applied Computing wants to give oil and gas operators an AI model for the entire plant

Lululemon backs nylon recycling startup Syntetica in $30M Series A

Cyberattack threatens utterly critical infrastructure in Japan: KFC