News about Silicon Valley business almost everyday.
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 […]
NVIDIA has joined the National Institute of Standards and Technology’s new U.S. Artificial Intelligence Safety Institute Consortium as part of the company’s effort to advance safe, secure and trustworthy AI. AISIC will work to create tools, methodologies and standards to promote the safe and trustworthy development and deployment of AI. As a member, NVIDIA will […]
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 […]
SUNNYVALE — S&S Lab, operator of IRIS LAB, South Korea’s first private sector-led shared research lab, has announced a strategic partnership with Plug and Play, a global innovation platform, and Simple Planet, a bio food tech startup. The goal of this collaboration is to establish the largest Food & Beverage (F&B) innovation ecosystem in South Korea, serving as an intermediary […]
REDWOOD CITY — Equinix, a leading operator of data centers, announced a fully managed private cloud service that enables enterprises to easily acquire and manage their own NVIDIA DGX AI supercomputing infrastructure for building and running custom generative AI models. Available now, the service includes NVIDIA DGX systems, NVIDIA networking and the NVIDIA AI Enterprise software platform. Equinix installs and operates each […]
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 […]
Last December, Google brought Gemini Pro into Bard in English, giving Bard more advanced understanding, reasoning, summarizing and coding abilities. Now, Gemini Pro in Bard will be available in over 40 languages and more than 230 countries and territories, so more people can collaborate with this faster, more capable version of Bard. The Large Model […]
SUNNYVALE — Figure, a Silicon Valley company developing autonomous humanoid robots, has signed a commercial agreement with BMW Manufacturing Co., LLC to deploy general purpose robots in automotive manufacturing environments. Figure’s humanoid robots enable the automation of difficult, unsafe, or tedious tasks throughout the manufacturing process, which in turn allows employees to focus on skills […]
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, […]