News about Silicon Valley business almost everyday.
MOUNTAIN VIEW — Nuro, which specializes in autonomous driving technology, has closed a $203 million Series E funding round at a $6 billion valuation. The round includes Uber, returning investor Baillie Gifford, and new investors Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures. The additional $97 million in funding follows the first tranche of $106 […]
SANTA CLARA — Celestial AI, a provider of optical interconnect technology addressing the scalability demands of modern AI infrastructure, announced the final close of its $255 million Series C1 funding, adding strategic investors VentureTech Alliance and Samsung Catalyst Fund in the round, with deep semiconductor and foundry partnerships. This latest investment brings the company’s total funding to $520 […]
PALO ALTO — Seemplicity, the exposure action platform that delivers faster fixes and stronger security, has secured a $50 million Series B funding round. The latest financing was led by Sienna Venture Capital, with participation from Essentia Venture Capital and existing investors Glilot Capital Partners, NTTVC and S Capital. Seemplicity plans to leverage this funding to increase […]
Best Buy has launched a new digital marketplace available on its website and app that more than doubles the number of products available for sale. The marketplace includes entirely new brands, categories and products that weren’t available to customers before. Best Buy Marketplace, powered by Mirakl, marks the largest expansion ever of Best Buy’s product assortment, […]
SAN FRANCISCO — Citizen Health, a patient-powered platform transforming rare disease care, has raised $30 million in Series A funding. The round was led by 8VC, with participation from Transformation Capital and Headline, bringing the company’s total funding to $44 million since its December 2023 launch. Founded by Farid Vij (CEO & Co-founder), Nasha Fitter (Chief Business Officer & Co-founder), and a team of […]
SAN FRANCISCO — Tote.ai, the first AI-native point-of-sale system for fuel and convenience stores, has received $22.6 million in funding to accelerate hiring, market expansion and product features. The round was led by Cota Capital, with Storm Ventures and Cervin Ventures also participating. Tote’s “one customer, one cart” architecture creates a seamless shopping experience from forecourt […]
SAN FRANCISCO — Medallion, a company specalizing in AI-powered provider network infrastructure, has raised $43 million in new funding. Acrew Capital led the round, with participation from Washington Harbour Partners and insiders, including Sequoia Capital, GV, Spark Capital, NFDG, and others. This brings Medallion’s total funding to $130 million. Medallion replaces repetitive, manual workflows in the healthcare back-office […]
SAN JOSE –– Hyphen, the foodservice platform for automated meal production, has closed a $25 million Series B financing, including participation from restaurant chain CAVA Group. The financing will speed Hyphen’s Automated Makeline from factory floor to restaurant floor—scaling production and deployment across the U.S. Digital demand continues to surge, and three out of four […]
Walmart, the largest retailer in the United States, will pay $5.6 million to settle a consumer protection lawsuit alleging the retail giant overcharged customers and sold products, such as produce, baked goods, and other prepared items, with less weight than shown on the label. The civil complaint, filed by a team of district attorney’s offices […]
SAN FRANCISCO — Citizen Health, a patient-powered platform transforming rare disease care, has raised $30 million in Series A funding. The round was led by 8VC, with participation from Transformation Capital and Headline, bringing the company’s total funding to $44 million since its December 2023 launch. Founded by Farid Vij (CEO & Co-founder), Nasha Fitter (Chief Business Officer & Co-founder), and a team of […]
Apple plans to introduce a redesigned Blood Oxygen feature for some Apple Watch Series 9, Series 10, and Apple Watch Ultra 2 users through an iPhone and Apple Watch software update. Users with these models in the U.S. who currently do not have the Blood Oxygen feature will have access to the redesigned Blood Oxygen […]
SANTA CRUZ – Joby Aviation, a company developing all-electric air taxis for commercial passenger service, announced it has successfully operated with other aircraft in FAA-controlled airspace by completing its first flight between two U.S. airports, Marina (OAR) and Monterey (MRY), California. The achievement is a major step as part of Joby’s commercial market readiness, highlighting […]