BERKELEY — Shiru, a pioneer in AI-powered ingredient discovery, has secured a $16 million investment round as it leads a revolution in how ingredients are discovered and developed across multiple industries. Shiru’s flagship platform, ProteinDiscovery.ai, hosts the world’s largest database of natural proteins from plants and microbes. The AI-driven platform enables corporate partners in food, personal care, agriculture and […]
Venture Capital
Medeloop Reels In $15.5 Million
MENLO PARK — Medeloop, a medical research platform, has closed a $15.5 million Series A funding round. Led by venture capital firm Inovia Capital and supported by contributions from Icon Ventures, this investment underscores the strong confidence in Medeloop’s mission to revolutionize medical research. The round also welcomed participation from previous investors General Catalyst and Maven Ventures, as well […]
Airbus Ventures Invests in Bifrost AI
MENLO PARK — Airbus Ventures has made an investment in San Francisco-based Bifrost AI, a Generative 3D Data platform, to meet the growing demand for AI training data and 3D simulations. Bifrost’s physically accurate data generation engine provides the vast real-world scenarios crucial in rapidly training, testing and adapting models in AI and Robotics. The […]
PuppyGraph Lands $5 Million Seed Funding
SAN FRANCISCO — PuppyGraph, the first and only graph query engine, announced its $5 million seed funding round led by defy.vc. The zero-ETL unlocks real-time graph analytics for enterprises. This power translates into significant industry benefits, from generating GraphRAG to enhance LLM accuracy and reduce hallucinations, to real-time fraud detection and robust cybersecurity analyses. It […]
General Prognostics Receives Funding From NEC X
PALO ALTO — NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of technologies and global businesses, has announced a new investment in General Prognostics Inc. (GPx), a fast-growing MedTech startup revolutionizing chronic disease monitoring and management. The amount invested was not disclosed. The investment coincides with GPx joining the Elev X! Boost […]
Evommune Lands $115 Million Series C
PALO ALTO — Evommune, Inc., a clinical-stage biotechnology company discovering and developing new ways to treat immune-mediated inflammatory diseases, has announced the completion of a $115 million Series C financing. The financing was co-led by new investors RA Capital Management and Sectoral Asset Management, along with participation from new investors B Capital, Marshall Wace, Avego Bioscience Capital, […]
Macquarie Leads $27 Million Round in BondBloxx
LARKSPUR — BondBloxx, a specialized provider of bond ETFs, has raised $27 million. The funding round was led by Macquarie Asset Management, which maintains its minority stake in the company, and also included participation from other new and existing financial investors. “This is an exciting time for the BondBloxx team and our clients as we […]
Third Wave Automation Closes $27 Million Series C For Autonomous Forklifts
UNION CITY — Third Wave Automation, a provider of autonomous high-reach forklifts powered by Shared Autonomy, has closed a $27 million Series C round led by Woven Capital, Toyota’s growth fund. Return investors Innovation Endeavors, Norwest Venture Partners and Qualcomm Ventures joined the round, bringing total capital raised to $97 million. The funding will enable Third Wave to scale […]
GMI Cloud Scores $82 Million in Series A Funding
SANTA CLARA — GMI Cloud, an AI-native GPU cloud provider, has raised $15 million in equity funding and $67 in debt financing in a Series A round led by Headline Asia, bringing the company’s total capital to over $93 million. The round includes strategic investments from Banpu Next (BANPU.BK), a smart energy solutions provider in the Asia-Pacific region, and Wistron Corporation, […]
Concentric AI Scores $45 Million
SAN MATEO — Concentric AI, a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM), has secured financing of $45 million in a Series B round, bringing the company’s total funding to more than $67 million. The funding round was led by Top Tier Capital Partners and HarbourVest Partners. CyberFuture, a global […]
Zip Zaps $190 Million Series D Round
SAN FRANCISCO — Zip announced a $190 million Series D funding round, raising the company’s valuation to $2.2 billion. The round was led by BOND, with additional new investors DST Global, Adams Street, and Alkeon, along with Zip’s existing investors, Y Combinator and CRV. Zip operates an AI-powered procurement orchestration platform. “Zip is one of […]
Glooko Scores $100 Million Series F
PALO ALTO — Glooko, Inc., a digital health company connecting patients, providers, biopharma and medical device partners, has secured a $100 million Series F round. The Company’s Board of Directors also announced the appointment of Mike Alvarez as Chief Executive Officer. The funding round, led by Georgian, with investments from Health Catalyst Capital, Canaan and […]