News about Silicon Valley business almost everyday.
SAN FRANCISCO — Invisible Technologies, an AI software platform for the enterprise, has raised $100 million in growth funding led by Vanara Capital. This investment brings Invisible’s total capital raised to $144 million, and marks Vanara’s first publicly announced deal. Vanara was joined in the round by Princeville Capital, HOF Capital, Freestyle VC, Rocketeer Management, […]
CUPERTINO — Lōvu Health, a digital maternal health platform ensuring care for mother and baby from conception through postpartum, has secured $8 million in Series A funding, led by SJF Ventures with participation from Rogue Women’s Fund, Symphonic Capital, Emmeline Ventures, Majella Ventures, Oakwood Circle Ventures, Sand Hill Angels, Swizzle Ventures, Terrasys, Stand Together Ventures, and Alumni Ventures. […]
CUPERTINO — AtlasNova announced the close of a $2.3 million seed round, fueling its mission to transform how small businesses operate through intelligent automation. Small businesses are the heartbeat of the local community, yet owners are often buried under endless operational tasks – marketing, data analysis, scheduling, and setting strategy – while trying to keep the doors open. […]
FOSTER CITY — Replit, an agentic AI software creation platform, announced a $250 million round, valuing the company at $3 billion, an almost 3x valuation increase since its last raise in 2023. The funding comes on the heels of Replit growing annualized revenue from $2.8 million to $150 million in less than a year, a more than 50x increase, driven by […]
SAN FRANCISCO — Aven, a pioneer in home equity–backed credit cards, today announced a $110 million Series E financing at a $2.2 billion post-money valuation — more than double its valuation from a year ago. The round was led by Khosla Ventures, with participation from existing investors General Catalyst, Caffeinated Capital, GIC, Electric Capital, and […]
MENLO PARK — Octave Bioscience, Inc., a commercial stage precision care company that is pioneering a new standard for managing multiple sclerosis (MS) and other neurodegenerative diseases, announces the close of its $35.6 million Series C equity financing and that it has entered into a $15.5 million non-dilutive term loan agreement with Silicon Valley Bank […]
SAN FRANCISCO — Baseten, the company powering inference for the world’s fastest-growing AI products, has secured a $150 million Series D fundraise at a $2.15 billion valuation. The round was led by BOND, with participation from new investors CapitalG, Premji, and Kevin and Elizabeth Weil of Scribble. Existing investors Conviction, 01a, IVP, Spark, and Greylock […]
SAN FRANCISCO — Databricks, the Data and AI company, announced it has crossed a $4 billion revenue run-rate during Q2, growing >50% year over year. Databricks said its AI products also recently crossed a $1 billion revenue run-rate. The company has raised $1 billion in new capital in a Series K funding round. This investment values the […]
SAN FRANCISCO — HappyRobot has raised a $44 million Series B round, led by Base10 Partners with participation from a16z, Array Ventures, Avra, Samsara Ventures, Tokio Marine, WaVe-X, WiL, YC, and other strategic investors. This round comes just 10 months after raising a $15.6 million Series A, bringing total funding to $62 million. HappyRobot has developed an AI-native […]
SANTA CLARA — OpenLight, a leader in custom Photonic Application-Specific Integrated Circuit (PASIC) chip design and manufacturing based on heterogeneous integration, announced the close of its oversubscribed $34 million Series A. The round is co-led by Xora Innovation and Capricorn Investment Group. Other participants include Mayfield; Juniper Networks, now part of HPE; Lam Capital, the corporate […]
BERKELEY — Copper, which manufactures battery-powered appliances, has closed a $28 million Series A financing to expand its operations into new markets and products. The financing, a combination of equity and debt, was led by Prelude Ventures, which invests in startups with the greatest potential to mitigate climate change. The round also includes Building Ventures, […]
PALO ALTO — TinyFish, an enterprise web agent infrastructure company, has launched with $47 million in funding led by ICONIQ to transform complex business operations with enterprise web agents. Purpose-built TinyFish enterprise web agents are already in production at unmatched scale at Fortune 500 companies and other large enterprise brands across industries including hospitality, transportation, […]