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Stand, a San Francisco home insurer, raised a $70 million Series C at a $1 billion valuation led by Saga Ventures.
Why it matters: Stand's digital-twin pricing shows how physics simulation and a world model can replace zip-code risk scoring, with its own backtest as the only evidence.
Siemens led a nine-digit investment that lifted Estonia's Skeleton Technologies above a $1 billion valuation.
Why it matters: Siemens moves from investor to exclusive data centre reseller, so the round matters less than the single-partner sales channel it creates for Skeleton's AI power hardware.
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Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing
