News about Silicon Valley business almost everyday.
SAN FRANCISCO — Cytovale, a commercial-stage medical diagnostics company focused on advancing early detection technologies to diagnose fast-moving and immune-mediated diseases, today announced it has raised $84 million in Series C funding led by Norwest Venture Partners with participation by additional new investors Sands Capital and Global Health Investment Corporation (GHIC). The financing included participation from other new and […]
SAN FRANCISCO — ORO Labs, operator of a smart workflow orchestration platform for procurement, has raised $34 million in Series B funding led by Felicis, with participation from existing investors including Norwest Venture Partners, B Capital, and XYZ Venture Capital. This latest round, which will support the company’s rapid scaling of international and platform growth, […]
BELMONT — Guidde, a video documentation platform harnessing generative AI, has raised a $11.6 million Series A funding round led by Norwest Venture Partners and joined by existing investors Entrée Capital, Honeystone Ventures, Crescendo Ventures, and new investor Tiferes Ventures. The Series A funding comes within a year of the company’s product launch, bringing its […]
SAN FRANCISCO — Govly, a market network for public sector procurement, has reeled in $9.5 million in Series A funding, bringing its total capital raised since 2019 to $13.1 million. Global software investor Insight Partners led the funding round with participation from YCombinator, FundersClub, and NordicEye. Govly plans to use the funding to build new products that […]
SAN FRANCISCO — Opal Camera Inc. has completed a $17 million Series A funding round led by Founders Fund, with continued participation from Kindred Ventures and other investors including tech creators Marques Brownlee and Casey Neistat. “We founded Opal under a simple principle – that the products you use the most often should be the […]
SAN FRANCISCO — Tia Lupita Foods has closed a seed round of $2.6 million, underscoring rising demand for the brand’s growing product portfolio and rapid expansion into major retailers across the nation. The entire round was raised by Mexican investors led by Santatera Capital and GBM Ventures, strategic funds with established track records in the F&B and consumer products sector. […]
SAN MATEO — Tofu, a generative AI platform for creating hyper-personalized marketing campaigns for businesses, announced it has raised $5 million in venture funding. Index Ventures led the round with participation from SignalFire, Stage 2 Capital and Liquid 2 Ventures. In today’s fiercely competitive B2B marketing landscape, revenue teams have struggled to find effective ways […]
SAN JOSE — Spec, a leading cybersecurity firm specializing in advanced fraud detection and defense, has closed a $15 million Series A funding round, marking a significant milestone in the company’s journey. The round was led by SignalFire, with participation from Legion Capital, and Rally Ventures. From its beginnings as a “hello world” prototype during the early days of the […]
SAN FRANCISCO — Pair Team, a virtual and community-based primary care solution connecting Medicaid’s highest-risk patients to high-quality care, today announced it has raised $9 million in Series A funding. The financing was led by NEXT VENTURES, with participation from PTX Capital, Kapor Capital, Kleiner Perkins, Y Combinator, and several healthcare angel investors including Jay Desai. The funding will be used to help Pair […]
SAN FRANCISCO — Darwinium, a digital security and fraud prevention platform, has raised $18 million in Series A financing led by U.S. Venture Partners (USVP), with participation from seed investors: Blackbird, Airtree Ventures and Accomplice. The new funding brings total investment to $26 million and enables Darwinium to scale its edge-based solution across global geographies, […]
PALO ALTO — AI platform Chai announced it has closed a strategic investment with CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads. The deal caps Chai’s valuation at $450 million and follows several months on from Chai’s pre-seed round in which it raised $2 million to further the company’s mission of creating a more open and democratic AI […]
SAN JOSE — Bonsai Robotics, which helps farmers with computer vision-based automation solutions, has raised a $13.5 million seed round led by Acre Venture Partners with participation from E14, Congruent, Serra Ventures, Fall Line Capital, SNR Ventures, Andros, and angels including Travis Deyle (founder of Cobalt Robotics), Lee Redden (founder of Blue River Tech), and […]