Venture Capital

SAN FRANCISCO – OpenSpace, a specialist in 360° jobsite capture and AI-powered analytics, has added $9 million in additional strategic capital for its Series D round first announced in March, bringing the total raised to $111 million. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners. The investment will be […]

SAN FRANCISCO — Nightfall AI, which operates a cloud data loss prevention platform, has closed $40 million in Series B funding. This new round was led by WestBridge Capital, with participation from Next Play Capital and existing investors Bain Capital Ventures, Venrock, Pear VC, and several professional athletes and influencers including Paul Rudd, Drew Brees, […]

SAN FRANCISCO — Expedock, a company using AI in the international freight software industry, has announced $13.5 million in Series A funding, bringing the company’s total amount raised to $17.5 million. Insight Partners led the round, with participation from Motion Ventures as well as existing investors Pear and Neo and executives from Project 44, Salesforce, Meta, eBay, […]

SAN FRANCISCO — Truework, a company that provides income and employment verification for the nation’s largest mortgage, auto, and consumer lenders, has raised $50 million in Series C funding. Leading the Series C round was G Squared, with returning investors Sequoia Capital, Activant Capital, and Khosla Ventures also participating. New investors include Indeed, Human Capital, and Four […]

MOUNTAIN VIEW — AvicenaTech Corp., a developer of microLED-based chip-to-chip interconnects, has secured $25 million in Series A funding from Samsung Catalyst Fund, Cerberus Capital Management, Clear Ventures, and Micron Ventures to drive the development of products based on Avicena’s breakthrough photonic I/O solution. “We believe that Avicena technology can be transformational in unlocking compute-to-memory […]

BERKELEY — Terabase Energy has announced a $44 million Series B financing co-led by Breakthrough Energy Ventures (founded by Bill Gates) and Prelude Ventures with additional participation by SJF Ventures and other existing investors. The round brings Terabase’s total funding to $52 million and will be used to support the company’s mission to reduce the cost and increase the scalability of solar by building […]

BERKELEY — Carmot Therapeutics, Inc., a clinical-stage biotechnology company applying its proprietary drug discovery platform, Chemotype Evolution, to discover and develop disease-modifying therapies in metabolic disease and cancer, has closed a $160 million Series D financing. The funding will support the completion of phase 2 studies for CT-388, a once weekly, dual modulator of the […]

SAN FRANCISCO — Nomad, a security-first cross-chain messaging protocol, announced crypto industry giants Coinbase Ventures, OpenSea, Crypto.com Capital, Wintermute, Gnosis, Algaé, and Polygon as participants in their April 2022 $22.4 million seed round. “Because Nomad provides a trust-minimized protocol for cross-chain messaging, there are potential applications that go well beyond just token bridging,” said Anurag […]

SAN FRANCISCO — Switchboard, a cloud coworking space, has raised $25 million in Series A funding led by Icon Ventures, with participation from existing investors Sequoia Capital, XYZ Venture Capital, and Spark Capital. The Series A brings Switchboard’s total funding to date to just over $38M. Switchboard launched publicly into beta in May, and has […]

MENLO PARK — Lightspeed Venture Partners announced the closing of three new funds: Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (“Opportunity Fund II”) with $2.36 billion of committed capital. Separately, Lightspeed India Partners announced […]

SAN JOSE — ZEDEDA, a specialist in edge orchestration, announced that it has closed $26 million in Series B funding, capping a period of exponential growth. The broad range of new and existing investors — including Coast Range Capital, Lux Capital, Energize Ventures, Almaz Capital, Porsche Ventures, Chevron Technology Ventures, Juniper Networks, Rockwell Automation, Samsung […]

PALO ALTO — Anvilogic, a Security Operations Platform that brings a cloud-based security data lake to life, has secured $25 million in Series B funding. The round was led by Outpost Ventures – a Neuberger Berman fund, with participation from Xerox Ventures, G Squared, Foundation Capital, Point72 Ventures and Cervin Ventures. This round brings Anvilogic’s total […]