News about Silicon Valley business almost everyday.
SAN MATEO — Vivace Therapeutics, a small molecule discovery and development company developing first-in-class cancer therapies targeting the Hippo pathway, has closed a $35 million Series D financing. The round was led by RA Capital Management, an existing investor, and included investment from other existing investors Canaan Partners and Cenova Capital. Proceeds will support the continued clinical […]
SAN FRANCISCO — Ditto, the only mobile database with built-in edge device connectivity and resiliency, has raised $82 million in an oversubscribed Series B funding round. The round brings Ditto’s post-money valuation to $462 million. The latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, […]
SAN FRANCISCO — Independent game studio Human Computer has raised $5.7 millioon in a seed round led by Makers Fund. a16z and former Airbnb COO Belinda Johnson have also invested in the company, bringing the total funding to date to $7.7 million. Tyler Matheson of Makers Fund will join the board, and Sam Rosenthal, The Game […]
BERKELEY — Terabase Energy, a provider of digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company’s total funding to over $200 million. The new funding […]
FREMONT — Anyware Robotics, a developer of multi-purpose mobile robotics equipped with embodied intelligence, has secured $12 million in seed funding. The round is led by GFT Ventures, with participation from Foothill Ventures, Black Forest Ventures, Alumni Ventures, and other investors. Anyware Robotics is developing highly versatile mobile manipulators to tackle tasks beyond human physical capabilities […]
SAN FRANCISCO — Synctera, a provider of banking-as-a-service and embedded finance, has raised $15 million round of funding, bringing the company to a total of $94 million raised to date. The new funding will support the acceleration of its growth and ability to meet the more complex needs and increased scale of its latest customers, […]
PALO ALTO — Turing, a fast-growing AGI infrastructure company, has secured $111 million in committed capital for its Series E financing at a valuation of $2.2 billion. Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund, led the round with participation from WestBridge Capital, Sozo Ventures, UpHonest Capital, AltaIR Capital, Amino Capital, Plug and Play, MVP Ventures, […]
LOS ANGELES — Epirus announced an oversubscribed $250 million Series D fundraising round, bringing the company’s total venture funding to more than $550 million and positioning the company to scale production of its Leonidas™ product line to meet growing global demand. Leonidas is a scalable solid-state, high-energy, high-power microwave (HPM) technology for counter-electronics applications that has been proven effective […]
Anthropic has raised $3.5 billion at a $61.5 billion post-money valuation. The round was led by Lightspeed Venture Partners, with participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures and Salesforce Ventures, among other new and existing investors. With this investment, Anthropic will […]
PALO ALTO — Auxia, which operates a Customer Journey Orchestration Platform, has announced $23.5 million in Series A and seed funding to help companies transform how they engage with customers and drive additional revenue. The latest round was led by VMG Technology Partners, with participation from MUFG Innovation Partners (MUIP), Incubate Fund, Vela Partners, Stage […]
SAN FRANCISCO — Regie.ai, which operates a sales platform, has raised a $30 million Series B round co-led by Scale Venture Partners and Foundation Capital, with participation from Khosla Ventures, StepStone Group, TriplePoint Capital, and South Park Commons. With reported 300% Year-over-Year ARR growth, Regie.ai makes sales engagement more efficient for B2B enterprise sales teams. The […]
SAN FRANCISCO — Metronome, a usage-based billing platform, has landed $50 million in Series C funding following an 8x increase in dollars billed on the platform in 2024. Metronome now powers billing for 150 million + end users, processing billions in usage-based revenue. OpenAI, Anthropic, Databricks, Confluent, and NVIDIA rely on Metronome as their growth […]