Nooks, an AI sales startup, says General Catalyst's Customer Value Fund has committed $500 million to its growth. Instead of taking equity, the fund gets a share of the returns its money generates, though CEO Dan Lee declined to share the terms.
The money will fund expansion and new products, and Nooks now serves over 2,000 clients, including Cursor, Notion and HubSpot.
It expects annual recurring revenue to nearly triple by year-end and has now rolled out a platform covering sales work from first outreach to renewal.
Sachin Tendulkar has taken a non-controlling stake in Recykal, the Indian waste management technology firm.
His investment extends the $23 million round Recykal closed in June. The company will use the money to strengthen its tech platform, expand its Deposit Return System for packaging waste, and grow internationally.
Recykal's goal is to change the habits of a billion people, and Tendulkar said he was drawn in by how technology tackled a daily problem.
SpaceX plans to invest more than $74 billion across two AI supercomputing campuses, one in Texas and one in Arizona.
The Texas facility at Starbase, estimated at over $24 billion, will sit on about 444 acres near Brownsville and generate its own power off the public grid. The project has already created over 3,000 construction jobs.
The roughly $50 billion Arizona campus in Cochise County could scale up to 6 gigawatts, though it still needs county approvals. The Starbase city commission will weigh a property tax break for the Texas project on December 9.
