Venture Capital

SAN JOSE — DreamBig Semiconductor Inc., a developer of high-performance accelerator platforms utilizing its industry-leading Chiplet Hub with 3D HBM,has scored a $75 million equity funding round. This round was co-led by the Samsung Catalyst Fund and the Sutardja Family. New investors include Samsung, Hanwha Next Generation Opportunity Fund, Event Horizon, and Raptor, alongside continuing contributions from […]

Venture capital firm Menlo Ventures has launched the Anthology Fund, a $100 million initiative created through a partnership between Menlo Ventures and Anthropic. This fund will fuel the next generation of AI startups through the  combination of Menlo’s extensive company-building experience and Anthropic’s pioneering AI technology and deep research expertise. Through this collaboration, Menlo aims […]

SAN FRANCISCO — Freshpaint, a Healthcare Privacy Platform creator, has landed a $30.7 million Series B financing round led by Threshold with additional participation from new investor SignalFire and existing investors Intel Capital, Y Combinator and Zero Prime. This brings Freshpaint’s total funding to date to $41.8 million. Freshpaint is the leader in a new software category that helps healthcare organizations achieve high-performance […]

SAN FRANCISCO — Slope, a B2b payments platform, has closed an additional financing round, taking total funding to $252 million ($77M in equity and $175M in debt). Alongside J.P. Morgan Payments, other participants in the round include Y Combinator, Jack Altman, and Max Altman’s new fund, Saga. Slope, a B2B payments platform for enterprise companies, […]

SAN FRANCISCO — Marathon Fusion, a startup developing fuel processing technology for the fusion industry, has closed a $5.3 million seed round led by 1517 Fund and Anglo American, with participation from Übermorgen Ventures, Shared Future Fund, Malcolm Handley and other leading investors. Alongside a CREATE award from the Department of Energy’s ARPA-E, these investments bring Marathon Fusion’s total […]

MENLO PARK — Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, announced $17 million in new funding via a government project agreement through the Biopharmaceutical Manufacturing Preparedness Consortium (BioMaP-Consortium), alongside matching support from new strategic investors. The combined funding will support onshoring the production of critical pharmaceutical ingredients to the U.S. and accelerating […]

PALO ALTO — Endor Labs, a provider of software supply chain security, has received a strategic investment from Citi Ventures. The amount invested was not disclosed and comes less than a year after the company received $70 million in oversubscribed Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32 and more […]

PLEASANTON — Tekion, developer of the first cloud-native platform serving the entire automotive retail ecosystem, has secured $200 million in growth equity capital from Dragoneer Investment Group. This financing round sets Tekion’s valuation above $4 billion. Tekion plans to invest the capital to expand its product offering for dealer partners and OEMs, accelerate implementation timelines, […]

SAN FRANCISCO — Aven, a technology company offering consumer credit cards backed by home equity, has landed a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership. Aven was founded in 2019 by Sadi […]

SAN FRANCISCO — The OpenAI Startup Fund and Thrive Global announced the creation of a new company, Thrive AI Health, devoted to building an AI health coach. The company’s mission is to use AI to democratize access to expert-level health coaching to improve health outcomes. This will also address growing health inequities by bringing the […]

SAN FRANCISCO — Ballistic Ventures, a venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, announced that co-founder Kevin Mandia is now General Partner. Mandia is one of the world’s most recognized experts in cybersecurity, known for his relentless efforts to fight cyber threats for more than 30 years. In 2004, he founded […]

SAN FRANCISCO — Odaseva, an enterprise data security platform for Salesforce, has announced a $54 million Series C equity financing, bringing the total company funding to more than $90 million. Silver Lake Waterman led the round, with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove. The investment comes after […]