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.
Same story, shown in Top Deals《Skeleton Technologies raises Siemens-led nine-figure round, valuation tops $1B for US AI data-centre push》
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