Two checks above a billion — week of Aug 5–11

Two nine-figure-plus equity rounds and a Pentagon battery loan landed in the same seven days.123

River AI took $1.1B (seed/Series A) from General Catalyst and AMP PBC, with Nvidia, AMD Ventures, YC, and Temasek on the list — two months after launch.1 Hadrian closed $1.37B Series D near an $8B valuation for automated defense factories.2 Moove raised $250M Series C at $2.1B (Mubadala lead) to own the robotaxi ops layer.4

Also in the stack: India’s River EV at $120M Series C;5 Naïve $28.5M Series A (Nexus);6 Malachyte $10M seed (Bessemer + Gradient);7 Accel’s oversubscribed $550M India fund.8

Read: AI still prices like infrastructure; hard tech is dual-financed (equity + state); capital is chasing the ops layer around models and AVs — not only the models themselves.