Venture Capital

BRISBANE — Heirloom, a Direct Air Capture (DAC) technology provider, has raised $150 million in Series B funding. The round was co-led by Future Positive, and Lowercarbon Capital – which also invested in Heirloom’s Series A. [Photo above: Heirloom’s Direct Air Capture (DAC) facility in Tracy, CA.] A range of new industrial investors, including Japan […]

SOUTH SAN FRANCISCO — Maze Therapeutics, a clinical-stage biopharmaceutical company harnessing the power of human genetics to develop novel, small molecule precision medicines for patients living with renal, cardiovascular, and metabolic diseases, has completed a $115 million Series D financing that included the conversion of issued convertible notes previously purchased by existing investors. The Series […]

SANTA CLARA — Tenstorrent is announcing that it has closed over $693 million in its Series D funding round at a pre-money valuation of $2 billion.   Samsung Securities and AFW Partners led the round, which was oversubscribed due to strong demand from investors. Samsung and AFW both have deep relationships with Tenstorrent, and a strong history of investing in […]

SAN FRANCISCO — Wherobots, the Spatial Intelligence Cloud, built by the original creators of Apache Sedona, Mo Sarwat and Jia Yu, announced the closing of a $21.5M Series A funding round to accelerate the delivery of modern solutions that close the intelligence gap between our physical and digital worlds. The round was led by Felicis, […]

SAN FRANCISCO — Cardless, a company specializing in co-branded credit card solutions, announced a $30 million growth investment round led by Activant Capital, with participation from new and existing investors including Mischief (the fund co-founded by Plaid’s Zach Perret), Industry Ventures, Thayer Ventures, Assurant and Amex Ventures. This brings Cardless’ total equity funding to date to over $90 million. […]

SAN FRANCISCO — Flywheel Dynamix (“Flywl”), the first buyer-centric cloud marketplace designed to simplify software acquisition for buyers and help sellers grow revenue faster, has raised $7 million in seed funding. Storm Ventures, Foster Ventures, BeeNex, FeBe, and Teknos Ventures led the round. After operating in stealth mode since August, Flywl is officially launching the […]

SAN FRANCISCO — New Lantern emerged from stealth to launch its AI radiology resident, backed by $19 million in Series A funding led by Benchmark, bringing the company to more than $23 million in total funding. Benchmark General Partner Eric Vishria – whose past investments include AcuityMD, Amplitude, Benchling, Cerebras, Confluent, and Fireworks AI, among others […]

SAN JOSE — Aviz Networks, a leader in AI-driven networking solutions, announced the successful close of a $17 million Series A funding round. The round was led by Alter Venture Partners, with participation from existing investors Cisco Investments, Moment Ventures, Wistron and Accton and new strategic investors including Celestica and Qualcomm Ventures.   Aviz Networks […]

SAN FRANCISCO — Epic Cleantec, a leading innovator in water reuse technology, announced the close of its $12 million Series B funding round. This investment will accelerate the expansion of Epic’s pioneering water reuse and resource recovery solutions across a growing portfolio of projects, positioning Epic as one of the fastest-growing providers of water reuse […]

PALO ALTO — Trustero, a Silicon Valley-based provider of AI-powered Security and Compliance, has closed a $10.35 million Series A funding round led by Bright Pixel Capital (formerly Sonae IM), with participation from existing investors Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US. Trustero is proving that AI can drive real revenue and operational […]