News about Silicon Valley business almost everyday.
FREMONT — Pony.ai, which develops software for self-driving cars, has raised $100 million from NEOM, a region in northwest Saudi Arabia, through the NEOM Investment Fund (NIF). The company will form a joint venture that will establish autonomous technology solutions for the region. Through the venture, NEOM and Pony.ai will develop, manufacture and deliver autonomous […]
SAN FRANCISCO — Tia Lupita Foods has closed a seed round of $2.6 million, underscoring rising demand for the brand’s growing product portfolio and rapid expansion into major retailers across the nation. The entire round was raised by Mexican investors led by Santatera Capital and GBM Ventures, strategic funds with established track records in the F&B and consumer products sector. […]
SAN MATEO — Tofu, a generative AI platform for creating hyper-personalized marketing campaigns for businesses, announced it has raised $5 million in venture funding. Index Ventures led the round with participation from SignalFire, Stage 2 Capital and Liquid 2 Ventures. In today’s fiercely competitive B2B marketing landscape, revenue teams have struggled to find effective ways […]
Chromebook was first introduced over a decade ago and is now a popular platform of low-priced laptops for schools and other users. Since Chromebooks run on Google’s own operating system, these laptops are much cheaper than those running on Microsoft’s Windows operating system. Now Google has teamed with up its partners Acer, Asus, HP and […]
SAN JOSE — Roku plans to bring more original holiday content to audiences, sharing plans to bring half-hour romantic comedy series “The Holiday Shift” from CBS Studios and Fulwell73 and romantic comedy film “How to Fall in Love by the Holidays” starring Teri Hatcher to The Roku Channel this November. “This holiday season, The Roku […]
SAN JOSE — Spec, a leading cybersecurity firm specializing in advanced fraud detection and defense, has closed a $15 million Series A funding round, marking a significant milestone in the company’s journey. The round was led by SignalFire, with participation from Legion Capital, and Rally Ventures. From its beginnings as a “hello world” prototype during the early days of the […]
SAN FRANCISCO — Pair Team, a virtual and community-based primary care solution connecting Medicaid’s highest-risk patients to high-quality care, today announced it has raised $9 million in Series A funding. The financing was led by NEXT VENTURES, with participation from PTX Capital, Kapor Capital, Kleiner Perkins, Y Combinator, and several healthcare angel investors including Jay Desai. The funding will be used to help Pair […]
SAN FRANCISCO — Darwinium, a digital security and fraud prevention platform, has raised $18 million in Series A financing led by U.S. Venture Partners (USVP), with participation from seed investors: Blackbird, Airtree Ventures and Accomplice. The new funding brings total investment to $26 million and enables Darwinium to scale its edge-based solution across global geographies, […]
Apple is bringing more choice to iPad users with a new, more affordable Apple Pencil. With pixel-perfect accuracy, low latency, and tilt sensitivity, the new Apple Pencil is ideal for note taking, sketching, annotating, journaling, and more. Designed with a matte finish and a flat side that magnetically attaches to the side of iPad for […]
SAN FRANCISCO — With Instacart going public last month, DoorDash also announced the addition of eight new grocery partners, continuing its swift acceleration in the category. “We’ve made significant progress in investing in long-term partnerships with grocers of all sizes, all while remaining focused on improving quality and execution. The grocers announced today recognize DoorDash […]
SANTA CLARA — AMD has agreed to acquire Nod.ai to expand the company’s open AI software capabilities. The addition of Nod.ai — also based in Santa Clara — will bring an experienced team that has developed an industry-leading software technology that accelerates the deployment of AI solutions optimized for AMD Instinct data center accelerators, Ryzen […]
Apple TV+ announced its upcoming nine-episode World War II drama, “Masters of the Air,” will make its global debut on Friday, January 26, 2024. Reuniting the award-winning team of Steven Spielberg, Tom Hanks and Gary Goetzman who also produced “Band of Brothers” and “The Pacific,” “Masters of the Air” is an action-packed drama that follows […]