According to reports, Hex has raised $100 million in a Series D at a $1.2 billion valuation while unveiling Hex 4.0. The funding gives the data platform resources to expand teams and push AI-agent workflows to more than 2,500 customers.
Hex 4.0 rebuilds the platform around code-based data interactions.
Every interaction with data is now treated as code so AI agents can read, write, and execute it directly.
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Flapping Airplanes announced a $1 billion Series A on October 21, co-led by Index Ventures and Lux Capital, at what Bloomberg reported was a $6 billion valuation. According to Bloomberg and press reports, that is about four times its January seed valuation. Nvidia is among its investors.
Tractian announced a $130 million Series D led by Sapphire Ventures and co-led by M&G's Catalyst, valuing the Physical AI company at $1.4 billion. The funding will scale its sensor-based platform for monitoring the health of industrial machinery across manufacturing, data centers, utilities and defense.
Micro1 plans to spend $1 billion acquiring internal company data such as Slack DMs and Google Docs to license to AI labs. The move reflects growing demand for real-world workplace records to train more capable AI models.
Firehawk Defense announced a Series D of more than $150 million at a valuation above $1.4 billion, led by Advent and Rochefort Asset Management, according to the company. CEO Will Edwards says the funding will scale propellant and rocket-motor production, with an expectation of third-largest U.S. propellant output by the end of 2027.
Upwind secured $400 million in Series C funding at a $3.8 billion valuation after revenue quadrupled in 2026. The capital will accelerate product work and go-to-market growth for its cloud and AI security platform.
