News about Silicon Valley business almost everyday.
SAN FRANCISCO — Rad AI, one of the first companies to successfully commercialize a generative AI product in healthcare, announced a $60 million Series C financing round, valuing the company at $525 million. The oversubscribed round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV […]
SAN JOSE — Bonsai Robotics, a developer of physical AI solutions for agriculture applications, has raised $15 million in Series A funding. Bison Ventures led the oversubscribed round with participation from new investor, Cibus Capital, and existing investors Acre Venture Partners, Congruent Ventures, Fall Line Capital, E14 Fund, SNR and Serra Ventures. The new funding […]
SAN FRANCISCO — Motif, a startup founded in 2023 by Amar Hanspal and Brian Mathews, has secured $46 million in seed and Series A funding to develop a next-generation platform for buildings. The Series A was led by Alphabet’s independent growth fund, CapitalG, and the previously undisclosed Seed round was led by Redpoint Ventures. Pre-seed venture […]
SUNNYVALE — Cerebras Systems, a pioneer in accelerating generative AI, announced record-breaking performance for DeepSeek-R1-Distill-Llama-70B inference, achieving more than 1,500 tokens per second – 57 times faster than GPU-based solutions. This unprecedented speed enables instant reasoning capabilities for one of the industry’s most sophisticated open-weight models, running entirely on U.S.-based AI infrastructure with zero data retention. […]
SAN FRANCISCO — Seniors Helping Seniors in-home care services, a franchisor with over 115 franchise partners with more than 300 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful relationships with their senior care clients. Now, local resident Sara Leonard has opened three territories in California — San Jose, West San Jose and Santa Clara/Sunnyvale — […]
SAN FRANCISCO — Delfina Care, a healthcare technology company solving the maternal health crisis with an AI-powered care system, announced the successful close of its $17 million Series A funding round led by U.S. Venture Partners (USVP). The investment underscores Delfina’s rapid progress in its mission to transform pregnancy care by delivering equitable access to individualized […]
Every new year, books that have been digitized by Google Books enter the public domain, which means you can read them in their entirety, free of charge. From translations to adaptations and everything in between, 2025’s offerings have something for every reader. The four classic books added to Google Books this month include: All Quiet […]
SAN JOSE — Momentus Inc., a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space transportation services, announced that Paul Ney, Momentus Chief Legal Officer and Corporate Secretary, has resigned from his role effective January 27, 2025. Mr. Ney has accepted a position as the Deputy Counsel to the President for National […]
SAN FRANCISCO — Planet Labs PBC, a provider of daily data and insights about Earth, has signed a multi-year $230 million agreement to expand its partnership with a long-standing, Asia-Pacific commercial partner. The agreement calls for Planet to build and deliver a constellation of new Pelican high resolution satellites, securing certain capacity on the satellites […]
RESTON, VA – Lightbridge Corporation, an advanced nuclear fuel technology company, announced the signing of a Memorandum of Understanding (“MOU”) with Oklo Inc., nuclear power and fuel recycling company. The MOU outlines plans to conduct a feasibility study for co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility at Oklo’s proposed commercial fuel fabrication facility and to […]
A newly released AI app from Chinese firm DeepSeek has sent several of the top Silicon Valley stocks into a deep dive Monday. DeepSeek was released this weekend and has become the No. 1 app downloaded on Apple’s App Store. The company reportedly used only $5 million to create its AI technology, which is a […]
SAN FRANCISCO — Gravity, an enterprise carbon accounting and energy management platform, has landed a $13 million Series A funding round, bringing the company’s total funding to over $20 million. The round was led by Ansa Capital, with participation from existing investors Eclipse, Hanover, and Caffeinated Capital, along with new investors Communitas Capital, Buoyant Ventures, and WEX Venture […]