News about Silicon Valley business almost everyday.
SAN FRANCISCO — ClickHouse, Inc., a provider of real-time analytics, data warehousing, observability, and AI/ML, has raised $350 million in Series C financing. The round was led by Khosla Ventures, with participation from new investors BOND, IVP, Battery Ventures, and Bessemer Venture Partners, as well as existing investors including Index Ventures, Lightspeed, GIC, Benchmark, Coatue, […]
REDWOOD CITY — Neuron Factory, an AI startup dedicated to revolutionizing the construction industry through cutting-edge AI software, announced a $6 million seed funding round and a strategic partnership with Cordeel Group, one of Europe’s premier one-stop partners for the complete construction process. Neuron Factory’s AI coworker platform is powered by a proprietary enterprise task graph—a […]
SANTA CRUZ — Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared […]
PALO ALTO — DataHub, by Acryl Data, a leading open source metadata platform, has raised $35 million in Series B funding led by Bessemer Venture Partners. This latest round brings the company’s total funding to $65 million, enabling accelerated development of its context management platform that provides discovery, observability, and control across data, AI models, and AI […]
Rippling — operator of a human resources platform — has raised $450 million in new financing and signed agreements to repurchase up to $200 million of equity from current and former employees. The financing includes investment from Elad Gil, Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, and Y Combinator, along with participation from existing […]
SAN FRANCISCO — StackHawk, the shift-left API security platform, has taken on $12 Million in additional funding from Sapphire and Costanoa Ventures to help security teams keep up with the pace of AI-driven development. With this funding, StackHawk will expedite shipping products and features that make it simple for modern teams embracing AI-driven development to scale safely, especially […]
MOUNTAIN VIEW — Samaya AI, an expert artificial intelligence platform for financial services, has scored $43.5 million in financing, led by NEA (New Enterprise Associates), with participation from leaders in technology and financial services, including Eric Schmidt (former CEO of Google), Yann LeCun (AI Turing Award winner), David Siegel (Co-founder Two Sigma), and Marty Chavez […]
SAN FRANCISCO — Cognichip, a company pioneering Artificial Chip Intelligence (ACI) to power the future of semiconductor design, has launched out of stealth with $33 million in seed funding. Led by Lux Capital and Mayfield, with support from FPV and Candou Ventures, Cognichip is pioneering the first physics-informed foundational model (PIFM) for semiconductors, designed to […]
SUNNYVALE — Avicena, a developer of ultra-low power high-density microLED-based interconnects, has raised $65 million in Series B Funding, bringing the total capital raised to $120 million. The round was led by Tiger Global with participation from new and existing investors including Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance, SK hynix, Cerberus Capital Management, Hitachi […]
SAN FRANCISCO — Arkestro, a Predictive Procurement Platform accelerating enterprise spend transformation, has landed a strategic investment totaling $36 million. The investment was led by Altira Group and Aramco Ventures, with participation from existing investors NEA, KDT, and Activant. The investment will accelerate Arkestro’s ongoing innovation in AI-powered procurement technology, advancing its mission to help enterprises unlock hidden savings, reduce […]
SAN JOSE — Theom, the first AI-native Data Operations Center (DOC) platform that automates AI & data governance and security, has raised $20 million in Series A funding. The round was led by Wing VC, with participation from Sentinel One, Snowflake and Databricks. The new capital will be used to accelerate product development, scale go-to-market operations, and expand […]
SOUTH SAN FRANCISCO — Atlas Data Storage, Inc., a technology company building end-to-end DNA data storage, announced the close of a $155 million seed financing and the acquisition of technology assets from Twist Bioscience. The seed financing investors are ARCH Venture Partners, Deerfield Management, Bezos Expeditions, Tao Capital Partners, Rsquared VC, Earth Foundry, In-Q-Tel (IQT), and other […]