DeepSeek’s $7B Round Leads a Big Day for AI Capital — June 04, 2026

DeepSeek is lining up its first outside funding at a potential $59 billion valuation, while Benchmark breaks tradition with a growth fund and AlphaSense raises $350 million as AI keeps reshaping venture deal sizes. In this episode: Top stories: 1. DeepSeek lines up its first outside money: a $7bn round at up to $59bn — The Next Web https://thenextweb.com/news/deepseek-7-billion-maiden-fundraising 2. Benchmark raises its first-ever growth fund as part of $2B capital raise | TechCrunch — TechCrunch https://techcrunch.com/2026/06/03/benchmark-raises-its-first-ever-growth-fund-as-part-of-2b-capital-raise/ 3. AlphaSense Raises $350M at $7.5B Valuation, and Surpasses $600M in Annual Recurring Revenue | Markets Insider — Markets Insider https://markets.businessinsider.com/news/stocks/alphasense-raises-350m-at-7-5b-valuation-and-surpasses-600m-in-annual-recurring-revenue-1036221219 4. Town Raises $55M Series A From a16z and Forerunner to Build the AI Assistant That Learns How You Work | Markets Insider — Markets Insider https://markets.businessinsider.com/news/stocks/town-raises-55m-series-a-from-a16z-and-forerunner-to-build-the-ai-assistant-that-learns-how-you-work-1036221588 5. Gigaton raises $26M to rip out the control software running heavy industry — The Next Web https://thenextweb.com/news/gigaton-26m-series-a-autonomous-plants Follow and rate Startup Fundraising on Apple Podcasts or Spotify. Feedback? Email [email protected]