News about Silicon Valley business almost everyday.
SUNNYVALE — Coram AI, a developer of LLM-powered video security, has raised $13.8 million in Series A funding in a round led by Battery Ventures, a global, technology-focused investment firm. Existing investors 8VC and Mosaic Ventures also participated in the round. As part of the financing, Battery Partner Marcus Ryu, the former co-founder and CEO […]
SAN FRANCISCO — Instabase, an applied artificial intelligence (AI) solution for unstructured data, has secured its $100 Million Series D round. This latest round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures. Founded in 2015 – a pioneer in unstructured data management – Instabase will direct […]
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 […]
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 […]
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 […]
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 […]
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 […]
PALO ALTO — Rembrand, a developer of In-Scene Media and Virtual Product Placement technology, has raised $23 million in Series A financing to expand and fuel the already rapid growth of the company. The round was led by super{set} and included participation from The Trade Desk and Naver D2SF plus existing investors such as BOLD, the […]
SUNNYVALE — Mojave Energy Systems, founded to change the nature of air conditioning, has raised $9.5 million in Series A funding. The Series A round was led by existing investors Fifth Wall and At One Ventures, with participation from returning investors Myriad Venture Partners, Starshot Capital, Alumni Ventures Group, and new investor Earth Venture Capital. The new capital will be used to accelerate the adoption […]
SAN FRANCISCO — Boon AI (boon), an AI-powered workflow platform for commercial fleets, is launching to transform supply chain and logistics by delivering a single system to automate repetitive manual tasks. boon already works with dozens of companies, deploying its AI agent to take on tasks for customers after mimicking manual workflows for just a […]
SAN FRANCISCO — AI isn’t just making fraud smarter – it’s making it nearly impossible to catch. With global losses hitting $486 billion annually, Bureau announced $30 million in Series B to level the playing field. A leading risk intelligence platform, which has seen its revenue grow 3x since it’s last fundraise, is arming businesses with AI […]
SANTA CLARA — Defense company Anduril is partnering with Archer in an exclusive partnership to jointly develop a hybrid Vertical Take Off and Landing (VTOL) aircraft for critical defense applications targeting a potential program of record from the Department of Defense (DOD). With Archer’s ability to rapidly develop advanced VTOL aircraft using existing commercial parts […]