News Venture Capital

Groundcover Raises $35 Million Series B

SAN FRANCISCO — Groundcover, an eBPF-driven observability platform for modern architectures, has raised $35 Million in Series B funding led by Zeev Ventures with follow-up participation from Angular Ventures, Heavybit, and Jibe Ventures. This brings the company’s total funding to $60 Million USD, which will be used to aggressively expand in the USA, where it has seen success […]

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Nuro Valued at $6 Billion With Ongoing Series E Round

MOUNTAIN VIEW — Nuro, Inc., a developer of autonomous driving technology, has raised $106 million so far in its ongoing Series E funding round, which values the company at $6 billion. The round includes participation from new and returning investors, as well as strategic partners. Investors include funds and accounts advised by T. Rowe Price Associates, Inc., Fidelity Management […]

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SeafoodAI Receives Investment From NEC X

PALO ALTO — NEC X, the Silicon Valley venture studio backed by Japan’s NEC Corporation, has announced a strategic investment in SeafoodAI, an innovative startup revolutionizing sustainable seafood with real-time biometric data and AI-powered traceability. The announcement coincides with SeafoodAI’s graduation from NEC X’s Elev X! Ignite program. The amount invested was not disclosed. SeafoodAI addresses […]

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Plaid Scores $575 Million

SAN FRANCISCO — Plaid, a data network that connects banks and apps, has raised $575 million led by mutual fund managers Franklin Templeton and Fidelity Management and Research. Other participants in the round include existing Plaid investors NEA and Ribbit Capital. The company says proceeds of this round will be used to address employee tax […]

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Octane Emerges From Stealth With $6.5 Million

SAN FRANCISCO — Octane has secured $6.75 million in a Seed funding round co-led by Archetype and Winklevoss Capital. The round also included participation from Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners and strategic angels including Balaji Srinivasan, Sina Habibian, and many others. Octane is an AI cybersecurity startup using machine learning to identify and fix vulnerabilities in blockchain […]

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Rescale Secures $115 Million Series D

SAN FRANCISCO — Rescale, a digital engineering platform built for the future of innovation and scientific discovery, has secred a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator bringing total funding raised […]

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Solace Raises $60 Million Series B

REDWOOD CITY — Solace, a digital health platform that connects patients with expert health advocates, has closed a $60 million Series B funding round. Founded in 2022, Solace was built to fix a broken system and improve health outcomes by prioritizing humans at the center of healthcare. This funding round validates the founding thesis that […]

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Mercury Lands $300 Million Series C

SAN FRANCISCO — Mercury, a banking platform used by over 200,000 companies, has announced a $300 million Series C investment round. The round, led by new investor Sequoia Capital, includes primary and secondary funding and values Mercury at $3.5 billion post-money, more than double its previous Series B valuation of $1.6 billion in 2021. Other […]

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Attotude Celebrates $50 Million Funding Round

MENLO PARK — AttoTude, a pioneer of groundbreaking THz interconnect technology for AI and hyperscale data center applications, has raised $50 million in Series B funding led by Mayfield and joined by The Westly Group, with participation from existing investors Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital. This latest investment brings AttoTude’s total […]

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Opsera Raises $20 Million Series B

SAN FRANCISCO — Opsera, an AI-Powered DevOps platform used by Fortune 1000 companies, has raised $20 million in Series B funding, led by Prosperity7 with participation from Hitachi Ventures. The funding culminates a breakout year with several product releases that position Opsera as one of the market’s most flexible and intelligent AI-powered DevOps platforms for all […]

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Retym Emerges From Stealth With $180 Million

CUPERTINO — Semiconductor firm Retym (pronounced “Re-Time”) has emerged from stealth with over $180 million raised across multiple rounds to drive AI Infrastructure Innovation. In the latest financing round, the company secured $75 million in Series D funding, led by Spark Capital. Retym specializes in programmable coherent DSP (digital signal processing) solutions for cloud and […]

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GetReal Security Scores $17.5 Million

SAN MATEO — GetReal Security, a cybersecurity company specializing in the detection and mitigation of malicious generative AI threats including deepfakes and impersonation attacks, has closed $17.5 million in Series A funding led by Forgepoint Capital with participation from Ballistic Ventures, Evolution Equity, and K2 Access Fund as well as strategic investors In-Q-Tel (IQT), Cisco Investments and Capital One Ventures. Also joining the company’s board of directors are […]