News about Silicon Valley business almost everyday.
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, […]
MOUNTAIN VIEW — Nuro, which specializes in autonomous driving technology, has closed a $203 million Series E funding round at a $6 billion valuation. The round includes Uber, returning investor Baillie Gifford, and new investors Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures. The additional $97 million in funding follows the first tranche of $106 […]
SANTA CLARA — Celestial AI, a provider of optical interconnect technology addressing the scalability demands of modern AI infrastructure, announced the final close of its $255 million Series C1 funding, adding strategic investors VentureTech Alliance and Samsung Catalyst Fund in the round, with deep semiconductor and foundry partnerships. This latest investment brings the company’s total funding to $520 […]
PALO ALTO — Seemplicity, the exposure action platform that delivers faster fixes and stronger security, has secured a $50 million Series B funding round. The latest financing was led by Sienna Venture Capital, with participation from Essentia Venture Capital and existing investors Glilot Capital Partners, NTTVC and S Capital. Seemplicity plans to leverage this funding to increase […]
SAN FRANCISCO — Citizen Health, a patient-powered platform transforming rare disease care, has raised $30 million in Series A funding. The round was led by 8VC, with participation from Transformation Capital and Headline, bringing the company’s total funding to $44 million since its December 2023 launch. Founded by Farid Vij (CEO & Co-founder), Nasha Fitter (Chief Business Officer & Co-founder), and a team of […]
SAN FRANCISCO — Tote.ai, the first AI-native point-of-sale system for fuel and convenience stores, has received $22.6 million in funding to accelerate hiring, market expansion and product features. The round was led by Cota Capital, with Storm Ventures and Cervin Ventures also participating. Tote’s “one customer, one cart” architecture creates a seamless shopping experience from forecourt […]
SAN FRANCISCO — Medallion, a company specalizing in AI-powered provider network infrastructure, has raised $43 million in new funding. Acrew Capital led the round, with participation from Washington Harbour Partners and insiders, including Sequoia Capital, GV, Spark Capital, NFDG, and others. This brings Medallion’s total funding to $130 million. Medallion replaces repetitive, manual workflows in the healthcare back-office […]
SAN JOSE –– Hyphen, the foodservice platform for automated meal production, has closed a $25 million Series B financing, including participation from restaurant chain CAVA Group. The financing will speed Hyphen’s Automated Makeline from factory floor to restaurant floor—scaling production and deployment across the U.S. Digital demand continues to surge, and three out of four […]
SAN FRANCISCO — Citizen Health, a patient-powered platform transforming rare disease care, has raised $30 million in Series A funding. The round was led by 8VC, with participation from Transformation Capital and Headline, bringing the company’s total funding to $44 million since its December 2023 launch. Founded by Farid Vij (CEO & Co-founder), Nasha Fitter (Chief Business Officer & Co-founder), and a team of […]