Temporal Technologies raises $550 million in top weekly funding round

Crunchbase News reported that startup funding rounds cooled slightly last week after several billion-dollar deals, with the largest rounds now in the hundreds of millions. Leading the list was a $550 million round for Temporal Technologies, a company building AI infrastructure tools.

The second-largest deal was $308 million for space vehicle developer Impulse Space, with other large rounds going to companies in investment management and related sectors. The roundup underscores continued strong investor appetite for AI infrastructure even as overall deal sizes normalize from recent mega-rounds.