News about Silicon Valley business almost everyday.
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 […]
SAN FRANCISCO — Masa Network, builder of a decentralized data marketplace, has announced $5.4 million in a seed round led by Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. Additional investors include Avalanche Blizzard Fund, Digital Currency Group, GoldenTree, OP Crypto, Unshackled Ventures, PEER VC, amongst others. In the […]
SAN FRANCISCO — Forta, an AI healthcare company improving access to dependable quality care, has raised $55 million in Series A financing led by global software investor Insight Partners. Other technology and healthcare investors participated in the round, including Exor Ventures and Alumni Ventures, as well as founders of 23&Me, Curative, Forward, Flexport, Warby Parker, Prelude Fertility, […]
SAN FRANCISCO — Overmoon, a vacation rental platform, announced it has raised $80 million in equity and debt funding from NFX, Khosla Ventures, Camber Creek, 1Sharpe, Sunsar Capital, and others. The funding includes $10 million in venture to scale its technology development, $30 million in real estate equity for down payments on homes, and $40 million in debt financing. […]
SAN FRANCISCO — Rainbow, a general underwriter building tailored small business insurance products, has raised $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd. Led by an experienced team of repeat entrepreneurs, the company brings a fresh perspective to small business […]
SAN FRANCISCO — Pear VC is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This space by Pear will be one of the largest spaces occupied by a venture capital firm in the Bay Area. This studio will be a […]
SAN JOSE — MAPS Public Benefit Corporation (“MAPS PBC”), a company dedicated to transforming mental healthcare, announced an oversubscribed Series A financing and is changing its name to Lykos Therapeutics. MAPS PBC raised more than $100 million including conversion of previously issued convertible notes. The financing was led by Helena with participation from other investors, including: […]
SAN FRANCISCO — Essential AI has raised a $56.5 million Series A funding round led by March Capital including participation from AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, and Thrive Capital. Essential AI previously raised an $8.3 million seed funding round led by Thrive Capital, with participation from investors Amjad Masad, Brad Gerstner, Conviction, […]
MOUNTAIN VIEW — ImpriMed, a precision medicine startup focused on leveraging artificial intelligence to improve cancer treatment, has closed a $23 million Series A funding round, led by SBVA. HRZ Han River Partners, SK Telecom, KDB Silicon Valley, Ignite Innovation Fund, Samyang Chemical Group, Murex Partners, and Byucksan also participated in this round. The funding […]
SAN MATEO — TuMeke, a computer vision platform that automatically assesses injury risk in manufacturing facilities, has raised $10 million in a Series A funding round led by Intel Capital to expand and scale the TuMeke team of engineers, ergonomists, and academics. “Workplace musculoskeletal injuries are commonplace across industries, but keeping your workers safe should be […]