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This Week in Unicorn Companies: Key Deals and Moves

Juniper Square raised $130 million in a Series D round, reaching a $1.1 billion valuation. The round was led by Ribbit Capital, with participation from Fifth Wall, Redpoint Ventures, Blue Owl Capital, and others. Founded by Adam Ginsburg, Alex Robinson, and Yonas Fisseha, Juniper Square provides an investment management platform designed for commercial real estate, private equity, and venture capital firms. Its solutions help streamline operations and strengthen relationships between GPs and LPs, driving improved investment performance.

Fireflies.ai has reached unicorn status with a $1 billion valuation following its first tender offer. Founded by Krish Ramineni and Sam Udotong, the company offers an AI meeting assistant that records, transcribes, and organizes conversations across various platforms. By integrating with leading conferencing tools, Fireflies captures key insights automatically, helping teams improve productivity and streamline communication.

Ramp raised $200 million in a Series E funding round, boosting its valuation to $16 billion. The round was led by Founders Fund and included participation from Thrive Capital, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, and others. Founded by Eric Glyman, Gene Lee, and Karim Atiyeh, Ramp provides an AI-driven finance operations platform that consolidates corporate cards, expense management, bill payments, and procurement. With built-in controls and ERP integrations, it simplifies accounting and enables faster, more accurate spending oversight.

Applied Intuition raised $600 million through a Series F round and tender offer, pushing its valuation to $15 billion. The round was co-led by funds managed by BlackRock and Kleiner Perkins, with additional backing from the Qatar Investment Authority, Abu Dhabi Investment Council, Greycroft, and others. Founded by Peter Ludwig and Qasar Younis, the company offers software infrastructure, autonomy stacks, and a comprehensive Vehicle OS to enable the safe development and deployment of AI-driven autonomous vehicles.

TerraPower raised $650 million in new funding, with participation from new investor NVentures, along with Bill Gates and HD Hyundai. Founded by Edward Jung, TerraPower develops advanced nuclear reactors, including the Natrium system with molten salt storage, traveling-wave, and chloride fast reactors. The company leads demonstration projects like the Natrium plant in Wyoming, supports fuel fabrication and licensing, and conducts medical isotope research with global partners.

Teamworks raised $235 million in a Series F round led by Dragoneer Investment Group, reaching a $1.2 billion valuation. Founded by Mitch Heath, Shaun Powell, and Zachary Maurides, Teamworks offers an operating system for sports that streamlines operations, communication, and athlete development. Its platform supports recruiting, compliance, and logistics. The company serves college and pro teams, Olympic bodies, and military units, helping improve coordination and performance.

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