News about Silicon Valley business almost everyday.
SOUTH SAN FRANCISCO — Epicrispr Biotechnologies, a biotechnology company focused on developing curative therapies, has secured $68 million in the first close of its Series B financing. The proceeds will support the clinical development of EPI-321, a first-in-class, disease-modifying therapy for facioscapulohumeral muscular dystrophy (FSHD), a genetic neuromuscular disease. The Series B financing was led by Ally […]
SAN FRANCISCO — The seventh annual Enterprise Tech 30—identifying the most promising private companies across the enterprise technology spectrum—was unveiled by Wing Venture Capital in partnership with Eric Newcomer of Newcomer Media. Wing, an early-stage investor and long-term company builder in B2B technology, continues its tradition of curating this definitive industry list spanning enterprise companies at all […]
PALO ALTO — New electric micromobility company, Also, has emerged from stealth today to rethink small electric vehicles (EVs). Founded by a focused stealth team within Rivian, Also launches with $105 million in funding from Eclipse. Built on vertically-integrated and scalable technology, Also is developing a portfolio of electrified products across the micromobility space to address the […]
SAN FRANCISCO — Brisk Teaching, an AI teaching and learning agent for K-12 schools, announced the close of its $15 million Series A funding round. Led by Bessemer Venture Partners, with participation from previous investors Owl Ventures, South Park Commons, and Springbank Collective, the funding will accelerate Brisk’s evolution from a suite of AI-powered tools into a […]
SAN JOSE — Evident Vascular, Inc., a medical technology company developing a best-in-class intravascular ultrasound (IVUS) platform powered by artificial intelligence, has closed its Series B financing with new investors Shangbay Capital and two undisclosed multinational strategics joining founding investor Vensana Capital. The funding will accelerate the development of the Company’s advanced IVUS technology designed […]
SANTA CLARA — Nexthop AI, a company building the next generation of artificial intelligence (AI) infrastructure for the world’s largest cloud companies, launched from stealth with $110 million in funding led by Lightspeed Venture Partners. Additional investors include Kleiner Perkins, WestBridge Capital, Battery Ventures and Emergent Ventures. This funding will accelerate the development of Nexthop […]
SAN MATEO — Vivace Therapeutics, a small molecule discovery and development company developing first-in-class cancer therapies targeting the Hippo pathway, has closed a $35 million Series D financing. The round was led by RA Capital Management, an existing investor, and included investment from other existing investors Canaan Partners and Cenova Capital. Proceeds will support the continued clinical […]
SAN FRANCISCO — Ditto, the only mobile database with built-in edge device connectivity and resiliency, has raised $82 million in an oversubscribed Series B funding round. The round brings Ditto’s post-money valuation to $462 million. The latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, […]
SAN FRANCISCO — Independent game studio Human Computer has raised $5.7 millioon in a seed round led by Makers Fund. a16z and former Airbnb COO Belinda Johnson have also invested in the company, bringing the total funding to date to $7.7 million. Tyler Matheson of Makers Fund will join the board, and Sam Rosenthal, The Game […]
BERKELEY — Terabase Energy, a provider of digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company’s total funding to over $200 million. The new funding […]
FREMONT — Anyware Robotics, a developer of multi-purpose mobile robotics equipped with embodied intelligence, has secured $12 million in seed funding. The round is led by GFT Ventures, with participation from Foothill Ventures, Black Forest Ventures, Alumni Ventures, and other investors. Anyware Robotics is developing highly versatile mobile manipulators to tackle tasks beyond human physical capabilities […]
SAN FRANCISCO — Synctera, a provider of banking-as-a-service and embedded finance, has raised $15 million round of funding, bringing the company to a total of $94 million raised to date. The new funding will support the acceleration of its growth and ability to meet the more complex needs and increased scale of its latest customers, […]