News about Silicon Valley business almost everyday.
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 […]
SANTA CLARA — CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has secured $24 million in Series C funding, bringing its total funding to $60 million. This round was led by new investor Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures. “Insurers are facing […]
SAN JOSE — Lyten, Inc, a developer of 3D graphene decarbonizing supermaterials, has raised $200 million as part of its over-subscribed Series B funding round to scale manufacturing and commercialize its first three product lines: Lithium-Sulfur batteries, lightweighted composites, and next generation IoT sensors. The round was led by Prime Movers Lab, a venture capital […]
MOUNTAIN VIEW — Enfabrica Corporation, a startup building converged networking and memory fabric silicon and software tailored to the performance and scalability demands of artificial intelligence (AI) and accelerated computing workloads, has closed a $125 million Series B financing round. The oversubscribed round, which increases Enfabrica’s valuation more than 5X, was led by Atreides Management, […]
MILPITAS — Tarana Wireless, Inc. announced that Digital Alpha Advisors, an investment firm focused on digital infrastructure, has joined the company’s investor group. The $50 million up round led by Digital Alpha is focused on both accelerating Tarana’s rapid growth in sales and deployment of G1, its next-generation fixed wireless access (ngFWA) platform, as well […]