News about Silicon Valley business almost everyday.
PALO ALTO — Harmonic, an artificial intelligence lab leading the development of Mathematical Superintelligence (MSI), announces a $100 million Series B funding round at a nearly $900 million post-money valuation. The round was led by Kleiner Perkins with significant participation from Paradigm. Additional investors included Ribbit Capital and existing backers including Sequoia Capital, Index Ventures, […]
SAN FRANCISCO — RealSense, a pioneer in AI-powered computer vision, has completed a spinout from Intel Corporation and closed a $50 million Series A funding round. The investment was led by a undisclosed semiconductor private equity firm and participation from strategic investors, including Intel Capital and MediaTek Innovation Fund, RealSense now operates as an independent […]
SAN FRANCISCO — Tailor, a headless ERP platform for modern retail businesses, announced an additional close of its Series A round, bringing the total raised to $22 million. The new investors include JIC Venture Growth Investments (JIC VGI), a Japanese government-backed investment fund, and New Enterprise Associates (NEA). Y Combinator, which participated in Tailor’s seed round, also increased its investment. This second close […]
PARIS and PALO ALTO — Genesis AI, a global physical AI research lab and full-stack robotics company, emerged from stealth today with a mission to unlock unlimited physical labor. The company is building a universal robotics foundation model (RFM) and a horizontal robotics platform, raising $105 million co-led by Eclipse and Khosla Ventures, with participation from Bpifrance, HSG, and former Google CEO Eric Schmidt and Xavier Niel. […]
FREMONT — Celltrio, a life sciences company delivering advanced automation solutions for cell culturing and cell & gene therapy, announced the closing of a $15 million financial investment round led by Premier Partners. The new funding will accelerate the global commercialization of RoboCell®, Celltrio’s flagship modular platform for fully automated, sterile cell culturing and cell […]
SUNNYVALE — Plug and Play, one of the world’s most active early-stage investors, announced during its Silicon Valley June Summit 2025 the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total. The fund is the largest industry-themed fund the company has raised to […]
PALO ALTO — Tensec, a company transforming cross-border financial services, has secured $12 million in seed funding to provide real-time, seamless payments and financial services for global companies operating in the $190 trillion cross-border payments market. The funding will accelerate Tensec’s mission to provide global trading companies and their clients access to cross-border real-time payments and transaction banking services […]
LOS ANGELES — Nominal, which operates a unified, real-time test stack for physical systems, has announced a $75 million Series B led by Sequoia Capital, with significant participation from Lightspeed Venture Partners and continued support from Lux Capital, General Catalyst, Founders Fund, and additional investors. Programs across aerospace, defense, energy and advanced manufacturing—including Anduril Industries, Shield AI, and […]
SAN FRANCISCO — Horizon3.ai, the company behind the NodeZero Autonomous Security Platform, has announced a $100 million Series D funding round led by NEA, with participation from SignalFire, Craft Ventures and 9Yards Capital. As part of the investment, Lila Tretikov, Partner and Head of AI Strategy at NEA and former Deputy CTO of Microsoft, will […]
SAN FRANCISCO — Laurel, which bills itself as the world’s first AI Time platform, has raised $100 million in Series C funding led by IVP, with participation from GV (Google Ventures). Laurel plans to use this investment to scale its AI time platform and accelerate to solve what it calls the “time intelligence challenge”—the inability […]
SAN CARLOS — Obvio, which improves traffic safety with an AI-powered traffic camera solution, has landed $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures. With these funds, Obvio will expand nationally and grow the team. Traffic fatalities have accelerated over the last few years […]
MENLO PARK — Antheia, a pharmaceutical ingredient manufacturer transforming essential medicine supply chains, today announced it has raised $56 million in Series C financing. The new financing will be used to expand commercialization of Antheia’s first product, thebaine, and launch additional products from the company’s pipeline of 70+ biosynthetic pharmaceutical ingredients, which spans seven therapeutic areas and prioritizes […]