News about Silicon Valley business almost everyday.
SAN FRANCISCO — ŌURA, the company behind the smart ring Oura Ring, has completed a $200 million Series D funding round. Fidelity Management & Research Company and Dexcom, the global leader in glucose biosensing, participated in the round. The investment raises the company’s valuation to $5.2 billion. This financing reflects ŌURA’s momentum in building and […]
LOS ANGELES – Governor Gavin Newsom announced he has increased California National Guard personnel activated to support Los Angeles responders to 1,680 service members — doubling the CalGuard boots on the ground. Joining the thousands of personnel deployed to combat the hurricane-force firestorm in Los Angeles, CalGuard service members are fighting fires and ensuring the […]
SAN FRANCISCO — Innovaccer Inc., a healthcare AI company, has secured a $275 million Series F funding round. The round was a combination of primary and secondary, and includes participation from B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12. This investment will fuel Innovaccer’s efforts to expand its […]
LAS VEGAS and NEWARK, CA — Panasonic Energy Co., Ltd., a global leader in the battery industry, and Lucid Group, announced the highly anticipated Lucid Gravity Grand Touring will be powered by Panasonic Energy’s lithium-ion EV battery cells. With an EPA-estimated range of up to 450 miles from a battery pack that is up to 40 percent smaller […]
LAS VEGAS — Aurora, Continental, and NVIDIA announced at CES a long-term strategic partnership to deploy driverless trucks at scale, powered by the next-generation NVIDIA DRIVE Thor system-on-a-chip (SoC). NVIDIA’s DRIVE Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027. “Delivering […]
SAN FRANCISCO — Venture Capital (VC) investment in healthcare grew to $23 billion in 2024, from $20 billion in 2023, as artificial intelligence (AI) clearly established product fit in the healthcare sector, according to the latest market insights report from Silicon Valley Bank (SVB), a division of First Citizens Bank. AI continues to take center stage, especially across biopharma, with 30% of […]
Using advances in forensic DNA testing, the Santa Clara County District Attorney’s Office has charged a notorious kidnapping convict with a series of home invasion sexual assaults in Mountain View and Palo Alto 15 years ago. The suspect, Matthew Muller, 47, is the subject of American Nightmare, a Netflix documentary series that chronicles his 2015 “Gone […]
SAN FRANCISCO — Speak, an app that helps tutor users in English, has raised $78 million Series C round at a $1 billion valuation. Accel led the round with support from existing investors including the OpenAI Startup Fund, Khosla Ventures, and Y Combinator among others. This marks the company’s second raise this year, with its […]
Square has announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease. For more than a decade, Square has delivered innovative products to help food and beverage operators streamline operations and grow their businesses. Now, in […]
BURLINGAME – Joint venture partners Dostart Development Company, LLC (“DDC”) and Sares Regis Group of Northern California (“SRGNC”) announced recent lease signings with Local Kitchens and Sweetgreen at their landmark 220 Park development in downtown Burlingame, CA. [Photo above: 220 Park (Source: Craig Cozart Photography)] One spot, every flavor. Local Kitchens is a multi-brand restaurant […]
Santa Clara County Sheriff deputies arrested two men for huge chunks of Ribeyes and prime steaks from a Safeway supermarket in Silicon Valley. Deputies responded to a steak situation at Safeway along Homestead Road in City of Cupertino last week. Two suspects stole more than $1,000 worth of fine ribeye and other prime cuts! An […]
MILPITAS — RoboForce, the world’s most advanced “Robo-Labor” provider, has raised $10 million in early stage funding with support from investors such as Nobel Laureate Myron Scholes, co-founder of Softbank VC (SBVC) Gary Rieschel, and Carnegie Mellon University. With this funding, RoboForce is emerging from stealth as it prepares to deploy its Robo-Labor this year for early customers, for whom […]