News about Silicon Valley business almost everyday.
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 […]
SAN FRANCISCO — Chai Discovery, an AI company that predicts and reprograms the interactions between biochemical molecules to accelerate life-changing therapeutics, has secured a $70 million Series A financing round. The round was led by Menlo Ventures, including investment from their Anthology Fund, a joint partnership with Anthropic to identify and back promising AI companies, […]
MARIN — OLarry, an AI-powered tax firm for the next generation of high-net-worth individuals and businesses, has raised a $10 million Series A round led by TTV Capital and joined by Walkabout Ventures and Marin Sonoma Impact Ventures, bringing the company’s total funding to $14.5 million. OLarry bridges the gap between DIY tax preparation and ultra-high-net-worth, hourly tax advisory, […]
SUNNYVALE — Lyric, an AI-powered platform transforming supply chain decision making, has raised $43.5 million in Series B funding. The round was led by Insight Partners, with participation from Primary Venture Partners, Permanent Capital Ventures, VMG Partners, PSP Growth and NewBuild Venture Capital. Lyric says its revenue has grown 500% since emerging from stealth 18 […]
SAN FRANCISCO — Promptfoo, an open‑source framework for AI red‑teaming and security testing, has landed an $18.4 million Series A financing led by Insight Partners, with participation from existing investor Andreessen Horowitz. Founded in 2024, Promptfoo is steadily gaining recognition as an emerging standard for robust AI security testing, with over 100,000 developers using its open source tools and […]