Funding Bill

Rent donations on GoFundMe up 60% since 2022, with 100,000 donors helping people keep a roof over their headsA record number of people in the UK are turning to crowdfunding to cover rent and household bills, with GoFundMe reporting more rent-related fundraisers were created in April than in any month on record.The platform said donations towards rent support had risen by 60% since 2022, with more than 100,000 people a month contributing to help others meet their housing costs. Continue reading...

• Chinese robotics startup Linkerbot has completed a Series B+ funding round, achieving a $3 billion valuation, according to a Reuters report covering the company's expansion in industrial robotics. • The funding round reflects strong investor appetite for advanced robotics solutions in Asia, where manufacturing automation and industrial AI applications are driving significant venture capital deployment. • Linkerbot's valuation milestone positions the startup among China's leading robotics firms, competing in the growing market for intelligent automation systems across manufacturing, logistics, and service sectors.

• Global venture capital investment hit a record $300 billion in Q1 2026 across approximately 6,000 startups, representing a 150% increase quarter-over-quarter and year-over-year. • AI funding dominated with $242 billion, or 80% of total venture funding, up from 55% in Q1 2025, with capital concentrating in frontier model builders, enterprise software, robotics, semiconductors, and life sciences. • Isomorphic Labs, a DeepMind spinout, raised a $2.1 billion Series B funding round backed by Thrive Capital, Google Ventures, and Alphabet, targeting AI-driven drug discovery applications.

• Anduril Industries announced a $5 billion Series H funding round, doubling its valuation to $61 billion just one year after its previous multibillion-dollar raise. • The late-stage funding was jointly led by Thrive Capital and Andreessen Horowitz, demonstrating strong investor confidence in the defense and autonomous systems company. • The massive valuation increase reflects growing demand for advanced defense technology and autonomous systems in the current geopolitical environment.

• Tencent is reported to be joining a $4 billion funding round for Chinese AI startup DeepSeek, which would value the company at about $50 billion and mark its first external financing. • The report says the round would add fresh capital to one of China’s most watched AI model developers, with Tencent and other large investors among the backers. • The deal matters because DeepSeek has become a key rival in China’s fast-moving AI race, and a multibillion-dollar valuation would underline continued investor appetite for frontier-model startups.

• Shield AI, headquartered in San Diego and founded in 2015, secured $1.5 billion in its Series G funding round in March 2026, bringing total funding to $2.5 billion. • The investment supports advancements in AI-driven autonomous systems for defense applications, enhancing national security capabilities. • This massive round underscores surging investor confidence in US defense tech startups amid rising geopolitical tensions.

• Moonshot AI, a leading Chinese chatbot maker focused on commercial AI applications, secured $20 billion in its Series E funding round led by Meituan. • The massive investment, one of the largest in AI history, will accelerate development of advanced AI models and expand commercial deployments across Asia. • This funding underscores China's aggressive push in AI amid global competition, positioning Moonshot to challenge U.S. giants like OpenAI.

• China's AI startup DeepSeek is closing in on a massive funding round that could value the company at approximately $45 billion, more than four times its valuation from discussions just two weeks prior. • China Integrated Circuit Industry Investment Fund (Big Fund) is leading the financing round, with Tencent and Alibaba participating to provide strong domestic backing. • The funding round represents a dramatic increase in DeepSeek's valuation and underscores China's aggressive push to develop competitive AI capabilities independent of Western technology.

• Twelve Indian tech firms announced funding exceeding $1.1 billion, fueling AI innovation and startup growth in the country's booming sector. • This influx highlights exploding investment in India's tech industry, with focus on AI-driven startups and product development. • The deals position India as a global hub for tech funding, supporting economic expansion amid high AI adoption rates.

• The U.S. House of Representatives passed a Homeland Security appropriations bill on Thursday, clearing the way to end a two‑month agency shutdown that had idled parts of federal immigration, border, and cybersecurity operations. • President Donald Trump signed the measure shortly after, restoring full funding for the Department of Homeland Security and averting potential disruptions to airport security, deportation operations, and border enforcement through the fiscal year. • The shutdown clash pitted Trump allies against centrist Republicans and Democrats over border enforcement levels, but the final bill preserved core Trump‑era border initiatives while softening some hard‑line spending demands.

Bipartisan measure includes funding for Secret Service and TSA, but excludes immigration enforcement operationsPartial government shutdown ends after Congress votes to fund DHS The US House of Representatives has voted to fund much of the Department of Homeland Security – excluding immigration enforcement operations – and end the longest government agency shutdown in history.The deal struck on Thursday aims to draw a line under a 75-day impasse that had threatened airport chaos and exposed fresh strains within the Republican party. Continue reading...

• The U.S. House of Representatives adopted a Senate-approved budget resolution on April 29, 2026, enabling billions in funding for Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP). • Republicans utilized a filibuster-skirting procedure to advance the blueprint, criticized by Democrats like Congresswoman Doris Matsui as prioritizing enforcement over other needs. • This move supports Trump administration immigration policies amid ongoing border security debates and midterm election pressures.

• Anthropic announced a $4 billion Series E funding round on April 25, 2026, with lead investments from Amazon and Google, valuing the AI safety firm at $61.5 billion post-money. • The capital will accelerate development of Claude 4 models and expand enterprise AI infrastructure across US data centers in California and Virginia. • This funding underscores intensifying competition in AI amid regulatory scrutiny, positioning Anthropic as a key challenger to OpenAI's dominance.

• Databricks announced a Series H funding round of $10 billion at a $43 billion valuation on April 18, led by existing investors including Andreessen Horowitz and Sequoia Capital, to accelerate development of its AI and data platform. • The funding will support expansion of Databricks' lakehouse architecture, which integrates data warehousing and data lakes, and fund aggressive hiring in engineering and sales across North America. • The round positions Databricks as one of the fastest-growing enterprise software companies and signals strong investor confidence in the competitive data infrastructure market dominated by Snowflake and others.

• Perplexity AI announced a Series D funding round of $500 million at an $8.5 billion post-money valuation on April 19, led by prominent venture capital firms and strategic investors including Nvidia and Saudi PIF. • The funding will support expansion of Perplexity's AI search engine capabilities, development of enterprise API offerings, and geographic expansion into European and Asian markets with localized language models. • The round positions Perplexity as a serious challenger to Google Search and reflects growing investor confidence in AI-powered search alternatives and conversational information retrieval platforms.

• Scale AI raised $1 billion on April 9, 2026, at $2.5 billion valuation from Accel and Founders Fund for US data labeling expansion. • Funding supports hiring 1,000 engineers in San Francisco to improve RLHF datasets for models like Llama 4. • Positions Scale as critical US AI infrastructure player, with CEO Alexandr Wang noting 'data is the new oil.'

• Anthropic secured $8 billion in its Series E funding round on April 9, 2026, led by Lightspeed Venture Partners with participation from US-based investors including Amazon and Google. • The funds will accelerate development of Claude 4 AI models and expand enterprise AI infrastructure in US data centers. • This round values Anthropic at $61.5 billion post-money, solidifying its position as a leading US AI challenger to OpenAI amid intensifying competition.

• Shield AI, a U.S.-based developer of autonomous pilot platforms, secured $1.5 billion in Series G funding as part of a $2.25 billion capital package on April 4, 2026. • The round values the company at $12.7 billion, a 140% increase in one year, with its Hivemind platform selected by the U.S. military for defense applications. • This funding underscores surging investor confidence in AI-driven defense tech amid rising geopolitical tensions.

• Trump's One Big Beautiful Bill Act has darkened the outlook for approximately 17,000 federally-funded health clinics across the United States, which collectively stand to lose $32 billion in government support. • The policy represents a significant threat to community health infrastructure that serves vulnerable populations, though specific implementation details and timeline remain under review. • Federal health clinics provide essential services including primary care, preventive services, and treatment for underinsured and uninsured Americans in underserved communities.

• The Senate voted early Friday morning to approve a Department of Homeland Security funding bill that excludes funding for Immigration and Customs Enforcement (ICE) and portions of U.S. Customs and Border Protection (CBP), ending weeks of stalled negotiations. • Republicans indicated they plan to fund immigration enforcement agencies through a separate reconciliation bill in fiscal 2027, bypassing the normal appropriations process and relying solely on GOP votes. • The Senate-passed measure faces significant obstacles in the House, where hardline conservatives have already signaled opposition, threatening to extend the DHS shutdown beyond its current five-week duration.

Bill passes by 213 to 203 votes in move prolonging weeks-long budget standoff that has disrupted travelUS House Republicans rejected a bipartisan Senate deal to temporarily fund the Department of Homeland Security and instead passed their own funding measure late Friday, extending a weeks-long budget standoff that has disrupted travel.The stopgap bill, which proposes funding the DHS in full for eight weeks, passed by 213 to 203 votes after Republicans in the lower chamber refused to take up a Senate-passed deal that excluded money for Immigration and Customs Enforcement (ICE) and Border Patrol. Continue reading...

• Shield AI, a San Diego-based defense tech firm, raised new funding that more than doubled its valuation to $12.7 billion on March 27, 2026. • The company projects revenue exceeding $540 million this year, driven by its Hivemind autonomy software used in drones and fighter-jet programs. • This funding underscores growing investor confidence in AI-powered military autonomy amid rising defense tech demand in the US.

• The U.S. House of Representatives passed legislation Thursday, March 26, 2026, to end the Department of Homeland Security (DHS) shutdown, marking the third such attempt in two months after funding lapsed nearly six weeks ago. • The bill aims to restore operations but faces uncertain prospects in the Senate, unlikely to immediately resolve the prolonged funding crisis affecting border security and immigration enforcement. • This repeated House action underscores deepening partisan divides on federal spending priorities during a critical period for national security infrastructure.

• Congress rejected Trump administration's $18 billion NIH budget cut proposal, providing stability for 2026 grantees at institutions like University of Wisconsin-Madison. • Delays in grant reviews and dispersal have stalled projects, hiring, and caused anxiety, with NIH months behind schedule as of March 26, 2026. • Vice Chancellor Dorota Brzezinska noted core funding protection but ongoing uncertainty impacts lab operations and future awards before September 30 deadline.

• On March 20, 2026, Defense Secretary Pete Hegseth confirmed the Pentagon's request for $200 billion in extra funding, stating 'it takes money to kill bad guys'. • The request supports ongoing U.S. offensives, including jet patrols and helicopter strikes against Iranian forces in key waterways. • Funding comes amid surging oil prices from Iranian attacks on facilities, prompting Treasury Secretary Scott Bessent to propose lifting sanctions on Iranian oil.

• The Pentagon is requesting more than $200 billion in additional funding from Congress to sustain the US-Israeli military campaign against Iran, which has been ongoing for approximately three weeks with thousands of strikes. • The funding request aims to urgently increase production of weapons that have been heavily expended during the intensive air campaign, according to the Washington Post. • Lawmakers from both parties are demanding detailed justification before approving the massive expenditure, with some questioning why the administration is requesting such funds if the conflict is expected to end soon.

• Advanced Machine Intelligence raised over $1 billion in a major funding round on March 16, 2026, targeting AI systems specialized in reasoning, planning, and world models. • Investors are shifting capital toward alternative AI architectures beyond traditional large language models, prioritizing deep tech with strategic advantages. • This deal highlights the growing emphasis on startups with access to computational power and proprietary data in the US venture market.

• The House passed DHS funding bill H.R. 7147 earlier in 2026 to secure operations, but Senate disagreements over spending have delayed votes as of March 2026. • Delays threaten USCIS offices in Florida and nationwide, slowing visa applications, renewals, and Dreamer status adjustments. • Without approval, DHS faces potential shutdown, limiting immigration processing and creating uncertainty for immigrants.

• The U.S. House Agriculture Committee approved the Farm, Food, and National Security Act of 2026 on March 5 in a 34-17 vote after a 20-hour markup session. • GOP-proposed cuts to SNAP nutrition programs sparked partisan disputes, with Rep. Angie Craig warning they 'jeopardize the path forward for this bill.' • The 802-page bill sets policy and funding for food, agriculture, and conservation programs over five years, but faces hurdles needing Democratic support in the Senate's 60-vote threshold.