Sophont, a Sacramento, CA-based medical AI startup, raised $9.22M in Seed funding. The round was Led by Kindred Ventures, with participation from Upfront Ventures, Delphi Ventures, Jeff Dean (Google DeepMind), Logan Kilpatrick (Google DeepMind), Lukas Biewald (Weights & Biases), Clément Delangue (Factorial Capital, Hugging Face), and other investors. The company intends to use the funds to expand operations and its development efforts$… Continue reading Sophont Raises $9.22M in Seed Funding
Author: FINSMES Online News
Vulcan Elements Raises $65M in Series A Funding
Vulcan Elements, a Durham, N.C.-based maker of rare-earth magnets, raised $65M in Series A funding. The round was led by Altimeter Capital and with participation from One Investment Managemen, NVIDIA, Uber, and Grab. The company intends to use the funds to expand operations and its development efforts. Led by CEO John Maslin, Vulcan Elements manufactures permanent… Continue reading Vulcan Elements Raises $65M in Series A Funding
Nuro Raises $203M in Series E Funding
Nuro, a Mountain View, CA-based autonomous driving technology company, raised $203M in Series E funding, at $6 Billion valuation. Backers included Uber, returning investor Baillie Gifford, and new investors Icehouse Ventures, Kindred Ventures, NVIDIA, and Pledge Ventures. The company intends to sue the funds to accelerate the development of its technology and the growth of… Continue reading Nuro Raises $203M in Series E Funding
Uno Platform Raises CAD$3.5M in Seed Funding
Uno Platform, a Montreal, Canada-based tech company raised $3.5M CAD in Seed funding. The round was led by AQC Capital with participation from Desjardins Capital and Oliva Capital. The company intends to use the funds to expand operations and its development efforts. Led by CEO François Tanguay, Uno Platform is a provider of an open-source,… Continue reading Uno Platform Raises CAD$3.5M in Seed Funding
Evertune Raises $15M in Series A Funding
Evertune, a NYC-based provider of a Generative Engine Optimization (GEO) and AI marketing platform, raised $15M in Series A funding. The round was led by Felicis Ventures with participation from strategic AI and marketing angel investors including Sarfraz Maredia (Uber), Jonathan Carson (Antenna), David Azose (OpenAI), Sonia Phene (OpenAI), Joseph Spisak (Meta) and Chip Ransler… Continue reading Evertune Raises $15M in Series A Funding
NiCE to Buy Cognigy
NiCE (NASDAQ: NICE), a NYC-based company which specializes in AI-powered customer experience, acquired Cognigy, a Düsseldorf, Germany-based conversational and agentic AI company. The amount of the deal was not disclosed. The acquisition will combine NiCE’s CXone Mpower platform with Cognigy’s conversational and agentic AI capabilities, enabling organizations to rapidly accelerate the adoption of AI-first customer… Continue reading NiCE to Buy Cognigy
Estes Energy Raises $11M in Seed Funding
Estes Energy, a San Francisco, CA-based materials and manufacturing company, raised $11M in Seed funding. The round was led by BMW I Ventures and Fortescue, with participation from New System Ventures and early investor DCVC. The company intends to use the funds to expand the development team, build-out its pilot manufacturing capability, and begin deploying… Continue reading Estes Energy Raises $11M in Seed Funding
Rokt Acquires Canal
Rokt, a NYC-based company which specializes in ecommerce, acquired Canal, a San Francisco, CA-based company providing AI and services to scale clients 3P product revenue. The amount of the deal was not disclosed. The acquisition enables Rokt’s ecommerce partners to expand their product range by tapping into a curated network of third-party inventory from direct-to-consumer… Continue reading Rokt Acquires Canal
Two Raises €13M in Funding
Two, an Oslo, Norway-based B2B payments platform provider, raised €13M in Funding. The round was led by Idékapital and Shine Capital, with participation from new investor Investinor and existing backers Antler, Sequoia Capital, Alliance Ventures, Arkwright, and Local Globe. The company intends to use the funds to support its expansion into the US and select… Continue reading Two Raises €13M in Funding
Torch Acquires Praxis Labs
Torch, a San Francisco, CA-based provider of a contextual coaching platform built to link leadership development directly to business results, acquired Praxis Labs, an AI learning platform provider. The amount of the deal was not disclosed. With the acquisition, Torch will expand its offerings. Led by CEO Heather Conklin, Torch offers an intelligence system that improves… Continue reading Torch Acquires Praxis Labs