News about Silicon Valley business almost everyday.
FREMONT — Celltrio, a life sciences company delivering advanced automation solutions for cell culturing and cell & gene therapy, announced the closing of a $15 million financial investment round led by Premier Partners. The new funding will accelerate the global commercialization of RoboCell®, Celltrio’s flagship modular platform for fully automated, sterile cell culturing and cell […]
SUNNYVALE — Plug and Play, one of the world’s most active early-stage investors, announced during its Silicon Valley June Summit 2025 the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total. The fund is the largest industry-themed fund the company has raised to […]
The Santa Clara County District Attorney’s Office has charged a San Jose fraud prevention expert with submitting more than 150 fraudulent healthcare claims for over $100,000 against her tech company’s health plan. Faranak Firozan, 47, faces numerous felony charges, including altering medical records with fraudulent intent and preparing false statements in connection with insurance claims. She […]
PALO ALTO — Tensec, a company transforming cross-border financial services, has secured $12 million in seed funding to provide real-time, seamless payments and financial services for global companies operating in the $190 trillion cross-border payments market. The funding will accelerate Tensec’s mission to provide global trading companies and their clients access to cross-border real-time payments and transaction banking services […]
SANTA CLARA — Oklo Inc., an advanced nuclear technology company, has been issued a Notice of Intent to Award (NOITA) by the Defense Logistics Agency Energy (DLA Energy), on behalf of the Department of the Air Force (DAF) and the U.S. Department of Defense, to provide clean, reliable power through the deployment of an Aurora […]
CLINTON, IL – Constellation Energy and Meta have signed a 20-year power purchase agreement (PPA) for the output of the Clinton Clean Energy Center in Illinois to support Meta’s clean energy goals and operations in the region with 1,121 megawatts of emissions-free nuclear energy. Beginning in June of 2027, the agreement supports the relicensing and continued […]
LOS ANGELES — Nominal, which operates a unified, real-time test stack for physical systems, has announced a $75 million Series B led by Sequoia Capital, with significant participation from Lightspeed Venture Partners and continued support from Lux Capital, General Catalyst, Founders Fund, and additional investors. Programs across aerospace, defense, energy and advanced manufacturing—including Anduril Industries, Shield AI, and […]
SAN FRANCISCO — Horizon3.ai, the company behind the NodeZero Autonomous Security Platform, has announced a $100 million Series D funding round led by NEA, with participation from SignalFire, Craft Ventures and 9Yards Capital. As part of the investment, Lila Tretikov, Partner and Head of AI Strategy at NEA and former Deputy CTO of Microsoft, will […]
SAN FRANCISCO — Laurel, which bills itself as the world’s first AI Time platform, has raised $100 million in Series C funding led by IVP, with participation from GV (Google Ventures). Laurel plans to use this investment to scale its AI time platform and accelerate to solve what it calls the “time intelligence challenge”—the inability […]
SANTA CLARA — The San Francisco 49ers have announced an investment in the football team by three local Bay Area families – the Deeter family, led by Byron and Allison Deeter; the Griffith family, led by Calla and Will Griffith; and the Khosla family, led by Neal and Vinod Khosla. Together, the new owner partners […]
SAN CARLOS — Obvio, which improves traffic safety with an AI-powered traffic camera solution, has landed $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures. With these funds, Obvio will expand nationally and grow the team. Traffic fatalities have accelerated over the last few years […]
CUPERTINO — At the annual WWDC conference, Apple announced new technologies and enhancements to its developer tools to help developers create more beautiful, intelligent, and engaging app experiences across Apple platforms. A new software design brings more focus to content, and delivers more experiences across iOS 26, iPadOS 26, macOS Tahoe 26, watchOS 26, and […]