News Venture Capital

Hubilo Locks In $125 Million Series B

SAN FRANCISCO — Hubilo, a global virtual events platform, announced a $125 million Series B funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital. The new fund will h development of the future of events and engagement on Hubilo’s platform. This brings the company’s total funding to $153 million to date in less than 18 months. The […]

News Venture Capital

AutoGrid Gobbles Up $85 Million Round

REDWOOD CITY – AutoGrid Systems Inc, a Virtual Power Plant provider, announced an $85 million new round of funding to accelerate energy transition through adoption of electric vehicles, battery storage and renewables generation. SE Ventures, a $500 million fund established by Schneider Electric led the Series D-2 round. Other major funding came from new investors, which […]

Venture Capital

Reliable Robotics Reels In $100 Million

MOUNTAIN VIEW — Reliable Robotics, a developer of automated aircraft systems, has reeled in a $100 million Series C funding round led by Coatue Management. Coatue joins past investors Lightspeed Venture Partners, Eclipse Ventures, Teamworthy Ventures and Pathbreaker Ventures to bring total fundraising over $133 million. With its innovative airframe independent technology, Reliable’s Remotely Operated […]

Venture Capital

Tiger Global Leads $110 Million Round in Outschool

SAN FRANCISCO – Outschool has landed a $110 million Series D funding round with a $3 billion valuation. Outschool offers live online education experiences that connect real-life teachers with learners in small-group settings to explore everything from Minecraft, Pokemon and Cooking to Chemistry, Algebra and Literature. Outschool offers over 100,000 online classes. Classes on Outschool […]

Venture Capital

Flux Captures $12 Million Investment

SAN FRANCISCO — Flux, makers of the first fully collaborative, in-browser platform for ​​electronics design and engineering, has raised $12 million in a round led by Outsiders Fund. Additional investors include Bain Capital Ventures, 8VC, Liquid2VC; as well as investors such as Tom Preston Werner, Founder and Former CEO of GitHub.   The funding will […]

News Venture Capital

Zum Picks Up $130 Million Series D

REDWOOD CITY — Zūm, a company that is modernizing school bus transportation, has secured $130 million in Series D funding led by Softbank Vision Fund 2, with participation from existing investors including Sequoia and BMW i Ventures. Andrew Straub of Softbank Investment Advisers will join the board of directors. Zum’s comprehensive bus service is designed to transport students […]

Venture Capital

Softbank Vision Fund 2 Leads $300 Million Round in Plume

PALO ALTO — Plume announced it has closed $300 million in a new round led by SoftBank Vision Fund 2. This round brings the company’s valuation to $2.6 billion, with $697 million raised to date. The investment will continue to drive research and development, sales and marketing, new partnerships, and acquisitions as Plume continues its global expansion and hyper-growth. Plume […]

Venture Capital

Robotic Maker Dexterity Bulks Up With $140 Million Series B

REDWOOD CITY — Dexterity, a maker of intelligent robotic systems for logistics, warehouses, and supply chain, has raised an additional $140 million in Series B equity funding and debt. Major existing investors Lightspeed Venture Partners and Kleiner Perkins expanded their commitment to Dexterity by leading the Series B, with additional participation from Obvious Ventures, B37 […]

Venture Capital

Lark Health Scores $100 Million Series D

MOUNTAIN VIEW — Lark Health has closed a $100 million Series D funding round led by Deerfield Management Company. The funding round also includes crossover fund PFM Health Sciences, as well as returning investors Franklin Templeton, King River Capital, Castlepeak, IPD, Olive Tree Capital, and Marvell Technology cofounder Weili Dai. Lark has raised over $185 million in equity and […]

Venture Capital

Deepsight Technology Lands $25 Million Series A

SAN FRANCISCO — DeepSight Technology has landed a $25 million Series A funding round led by Deerfield Management Company, a healthcare investment firm, with additional funding from Wing, Alter Venture Partners, and Time BioVentures “We are excited to be on the frontier of advancing medical imaging,” said founder and CEO Nader Sadrzadeh. “Based on internal studies, […]