News about Silicon Valley business almost everyday.
SAN FRANCISCO — Cartography Biosciences, Inc., an oncology company advancing an innovative pipeline of T-cell engaging bispecific and multi-specific antibody therapeutics that target novel and highly specific tumor antigens, has closed a $67 million Series B financing. The funding will help support the advancement of Cartography’s lead program, CBI-1214, into the clinic and the continued […]
SAN FRANCISCO — Vercel, the company behind v0, Next.js, and the AI Cloud, has closed a $300 million oversubscribed Series F funding round, at a post-money valuation of $9.3 billion. A $300 million secondary tender offer for certain employees, former employees, and early investors will close in November. The investment round was co-led by Accel […]
LOS GATOS — AmplifyMD, the an integrated virtual care solution, has raised a $20 million Series B funding round. The raise, led by Forerunner Ventures with participation from F-Prime, Greylock, Tau Ventures, and strategic partner Memorial Hermann Health System, will accelerate AmplifyMD’s AI-driven platform capabilities and advance sustainable clinical coverage for hospitals under pressure to do […]
SAN JOSE — AppZen, an Agentic AI platform for finance teams, has raised $180 million in growth funding. This round was led by Riverwood Capital. AppZen is the AI-native platform for autonomous finance. Powered by proprietary ZenLM models and the Mastermind AI Automation Platform, AppZen’s domain-trained AI Agents streamline end-to-end workflows across T&E, accounts payable, and […]
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 […]