News about Silicon Valley business almost everyday.
SAN FRANCISCO — Midi Health, a virtual care clinic making expert care accessible and affordable for all women experiencing the hormonal changes of midlife, has completed a $14 million seed investment co-led by Felicis and SemperVirens. Additional investment comes from leading women’s health investors including Emerson Collective, Icon Ventures, Operator Collective, Muse Capital, Steel Sky […]
SANTA CRUZ — Cruz Foam, a circular materials company providing bio-based, regenerative replacements for single-use plastic in the multi-billion dollar packaging industry, today announced an $18M Series A funding round led by the problem-solving group, Helena. The round was joined by One Small Planet, Regeneration.VC, At One Ventures, and SoundWaves. Cruz Foam is scaling the […]
PALO ALTO — TripActions — an all-in-one travel, corporate card, and expense management company — has raised Series G financing at a post-money valuation of $9.2 billion. The raise, a combination of $154 million in equity from new and existing financial investors as well as a $150 million structured capital transaction led by Coatue, marks […]
SAN JOSE — Anthro Energy, Inc., an advanced battery technology company that was first developed at Stanford — has closed an oversubscribed $7.2 million seed round. Union Square Ventures and Energy Revolution Ventures co-led the financing, with participation from Voyager Ventures, Emerson Collective, Nor’Easter Ventures, Ultratech Capital Partners, and the Stanford President’s Venture Fund. The […]
REDWOOD CITY — Prenuvo, a provider of advanced, radiation-free whole body imaging for early detection of cancer and other diseases, has raised $70 million in Series A equity and debt funding led by Felicis, with participation from existing investors including Tony Fadell, NYT bestseller author and founder of Nest; Dr. Timothy A. Springer, Lasker award […]
PALO ALTO — Endor Labs officially came out of stealth and raised $25 million, launching the company with a Dependency Lifecycle Management Platform that helps development and security teams maximize software reuse by safely evaluating, maintaining, and updating dependencies. Endor Labs has raised $25 million in seed financing from Lightspeed Venture Partners, Dell Technologies Capital, […]
SAN FRANCISCO — Astra, a provider of instant card-to-card funding as a service in the U.S., has scored a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry. In 2021 […]
BERKELEY — Ambi Robotics, the first robotics company to deploy Sim2Real artificial intelligence (AI) in commercial production for parcel sortation, has landed $32 million in additional funding. Existing investors Tiger Global and Bow Capital are joined by Ahren and the company’s strategic partner, Pitney Bowes. The funding will fuel the deployment growth of AI-powered parcel sorting systems as customer demand increases […]
LOS ANGELES – Northstar, which provides financial wellness benefit for employees, has raised $24.4 million in new funding led by GGV Capital and joined by new investors PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures. Existing investors M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE also participated, bringing Northstar’s total funding to $40 […]
SAN FRANCISCO — DataGrail, which operates a data privacy platform, has closed $45 million in Series C funding in an oversubscribed round that brings the company’s total funding to $84.2 million. Third Point Ventures led the round, with participation from Thomson Reuters Ventures and Sixty Degree Capital as well as previous investors Felicis Ventures, Operator […]
LOS GATOS — ServiceUp, an autotech startup that provides an unique end-to-end full-service car repair experience, has secured its Series A funding of $14.5 million. Global investment firm Tiger Global led the round, along with participation from Hearst Ventures and Chaos Ventures. Founded in early 2021, the South Bay startup connects consumers, via the ServiceUp app, to a ServiceUp […]
SAN FRANCISCO — Kumo, a graph machine learning-centered AI platform that allows anyone in an organization to harness the power of data to make faster, simpler, and smarter predictions, has raised $18 million in Series B funding led by Sequoia Capital. This latest round also includes participation and/or advisorship from existing and new investors including […]