News about Silicon Valley business almost everyday.
SAN FRANCISCO — Rasa, developer of a generative conversational AI platform, has completed a $30 million Series C funding round, co-led by StepStone Group and PayPal Ventures, with participation from Andreessen Horowitz (a16z), Accel, and Basis Set Ventures. “This investment accelerates our lead in the market, and fuels our drive to redefine what is possible […]
SAN FRANCISCO — Hippo Harvest, a controlled environment agriculture (CEA) startup developing advanced greenhouse systems that produce sustainably-grown produce, has closed a $21 million Series B funding round led by Standard Investments. Congruent Ventures, Amazon’s Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners also participated in the round. The funding will be used to scale the […]
SAN FRANCISCO — Unlearn, an AI company creating digital twins of clinical trial participants that enable smaller, faster studies, has announced a $50 million Series C round led by Altimeter Capital, joined by returning investors Radical Ventures, Wittington Ventures, Mubadala Capital, Epic Ventures, and Necessary Venture Capital. This round of funding was secured to propel […]
SAN FRANCISCO — Flood, a protocol for order routing, management, and settlement, has raised its $5.2 million seed funding round led by Bain Capital Crypto with participation from Archetype and Robot Ventures. Flood provides decentralized application (dApp) developers with a suite of tools for owning and managing the entire lifecycle of their application’s order flow. […]
SAN FRANCISCO — Polycam, developer of a 3D creation tool for iPhone and Android, has landed $18 million Series A funding round led by Left Lane Capital and Adjacent with participation by Adobe Ventures and a stellar group of angel investors including Chad Hurley (YouTube), Shaun Maguire (Sequoia), Julien Chaumond (HuggingFace) and Barry McCardel (Hex). […]
SAN FRANCISCO — Shepherd, an insurance tech platform for commercial construction, has raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark Capital. Shepherd combines insurance together with software to help contractors save on premiums. The company will utilize the funds to […]
SAN FRANCISCO — Ambience Healthcare, developer of comprehensive AI operating system for healthcare organizations, has announced a $70 million Series B raise co-led by Kleiner Perkins and OpenAI Startup Fund. The raise also includes existing investors Andreessen Horowitz and Optum Ventures. “Healthcare is one of AI’s most promising opportunities to create an outsized positive impact on the world. Ambience Healthcare […]
SAN FRANCISCO — Portal, a company looking to develop a decentralized Bitcoin-Based exchange, has exited stealth mode and raised $34 million in seed funding. Investors that participated in the round include Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, as well as many other high-profile fintech and crypto investors. The seed funding builds on Portal’s […]
PALO ALTO — LightBeam.ai, a security platform that provides zero-trust data protection, has raised $17.8 million in an oversubscribed Series A round funding. The new infusion of capital will enable LightBeam to expand its go-to-market initiatives across sales, marketing, channel, and alliances, and to continue investing in its vision of converging data security, privacy, and AI governance […]
SAN FRANCISCO — ArteraAI, a developer of multimodal artificial intelligence (MMAI) based predictive and prognostic cancer tests, has secured an additional $20 million in capital fueled by several prominent large investment funds including Prosperity7 Ventures, Singapore-based global investor EDBI, Walden Catalyst Ventures, Wilson Sonsini Goodrich & Rosati, and Trium Ventures, along with investors Navin Chaddha, […]
SAN JOSE — AiDash, an enterprise SaaS company making critical infrastructure industries climate-resilient and more sustainable with satellites and AI, has received $50 million in funding, bringing the total raised to date to $83 million. The Series C round was oversubscribed, indicative of growing investor interest in proven, scalable, and effective climate technologies. Investment firm […]
SAN LEANDRO – ZymoChem, creators of a carbon-efficient bio-manufacturing platform, has closed a $21 million Series A round. The investment was led by Breakout Ventures with participation from new investors including lululemon athletica, inc. and Toyota Ventures, and existing investors including GS Futures, KdT Ventures, and Cavallo Ventures. By pairing this financing with existing revenues from commercial […]