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OpenAI to Fund AI Health Startup

SAN FRANCISCO — The OpenAI Startup Fund and Thrive Global announced the creation of a new company, Thrive AI Health, devoted to building an AI health coach. The company’s mission is to use AI to democratize access to expert-level health coaching to improve health outcomes. This will also address growing health inequities by bringing the […]

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Kevin Mandia Named Partner at Ballistic Ventures

SAN FRANCISCO — Ballistic Ventures, a venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, announced that co-founder Kevin Mandia is now General Partner. Mandia is one of the world’s most recognized experts in cybersecurity, known for his relentless efforts to fight cyber threats for more than 30 years. In 2004, he founded […]

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Odaseva Secures $54 Million Series C

SAN FRANCISCO — Odaseva, an enterprise data security platform for Salesforce, has announced a $54 million Series C equity financing, bringing the total company funding to more than $90 million. Silver Lake Waterman led the round, with participation from existing investors F-Prime, Eight Roads and Serena Capital, and new investors Eurazeo and Crescent Cove. The investment comes after […]

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VC Firm Westly Group Closes $100 Million Seed Fund

MENLO PARK — Venture capital firm The Westly Group has raised an oversubscribed $100 million seed fund to invest in entrepreneurs transforming the energy, mobility, building, and industrial sectors that make up more than 50 percent of the world’s GDP. The seed fund is an extension of the firm’s four core funds, which includes a […]

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Sila Reels In Massive $375 Million Round

ALAMEDA — Sila, a next-generation battery materials company, has raised a massive $375 million Series G round led by existing investors Sutter Hill Ventures and T. Rowe Price Associates, Inc., with participation by new outside investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital, and others. The funding will secure the […]

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AI Gun Detection Platform ZeroEyes Captures $53 Million

PHILADELPHIA — ZeroEyes, the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation, has secured more than $53 million in Series B funding. The oversubscribed round was led by Sorenson Capital, with participation from Intel Capital, BroadLight Capital and existing investors. ZeroEyes is on a mission to stop gun-related violence […]

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KarmaCheck Scores $45 Million Series B

SAN FRANCISCO — KarmaCheck, which provides a technology-based solution for background checks, credentialing, and compliance, has raised $45 million in a Series B funding round led by Parameter Ventures, with participation from PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures. The company will leverage the funding to accelerate development of its proprietary technology platform, scale […]

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Bright Machines Scores $126 Million Series C

SAN FRANCISCO — Bright Machines, an innovator in intelligent, software-defined manufacturing and robotics, has raised $126 million in Series C funding, with $106 million in equity led by investment from funds and accounts managed by BlackRock and participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and with $20 million in venture debt from J.P. Morgan. This brings the company’s total amount […]

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Autify Lands $13 Million Series B

SAN FRANCISCO and TOKYO — Autify, an AI platform for quality engineering, has completed a Series B funding round of $13 million and released a beta version of Zenes, an autonomous AI agent for software quality assurance. Leading the round are Globis Capital Partners, a leading venture capital fund based in Tokyo, Japan, and LG […]

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Loop Completes $1 Million Seed Round

REDWOOD CITY — Loop Golf, the online booking platform helping golfers get the best tee times at the busiest local courses, has completed a $1 million seed funding round that accelerates its mission of becoming the dominant marketplace to find and book any tee time at any course in the United States. Founded in 2021, […]

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Better Health Scores $14 Million in New Funding

SAN FRANCISCO — Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which includes investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth – University of Miami Health System, and Mosaic General Partnership. This investment underscores the industry’s recognition of Better Health’s pivotal […]

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Santa Ana Bio Emerges From Stealth With Google Ventures Backing

ALAMEDA –Santa Ana Bio, a precision immunology company developing targeted therapies for patients with autoimmune and inflammatory diseases, has emerged from stealth with $168 million in combined Series A and B funding. Founding investor Versant Ventures led the Series A round and was joined by TPG’s Life Science Innovations fund and GV (Google Ventures). The […]