Scale AI, a San Francisco, CA-based data foundry for AI, raised $1 Billion in Series F funding. The mix of primary and secondary financing brought Scale’s valuation to $13.8 billion. The round was led by existing investor Accel with participation from returning investors including Y Combinator, Nat Friedman, Index Ventures, Founders Fund, Coatue, Thrive Capital,… Continue reading Scale AI Raises $1 Billion Series F Funding
Author: FINSMES Online News
Cover Genius Raises $80M in Series E Funding
Cover Genius, a NYC-based insurtech company for embedded protection, raised $80M in Series E funding. The round was led by Spark Capital with support from existing investors, including Dawn Capital, King River Capital and G Squared. The company intends to use the funds to expedite its growth plans and continue to invest in technology, including improved… Continue reading Cover Genius Raises $80M in Series E Funding
Mitra Chem Receives Investment from Alpha Wave Ventures
Mitra Future Technologies, Inc., a Mountain View, CA-based innovator in North American lithium-ion battery materials, received an investment from Alpha Wave Ventures as part of a Series B funding round. Alpha Wave joined other investors in this round, such as General Motors, Zeon, InQTel, Techmet-Mercuria, and GS Futures. As part of the investment, Elan Frantz joined… Continue reading Mitra Chem Receives Investment from Alpha Wave Ventures
Rapid Liquid Print Raises USD 7M in Series A Funding
Rapid Liquid Print, a Boston, MA-based additive manufacturing startup, raised USD7M in Series A funding. The round was led by HZG Group with participation from existing investors BMW i Ventures and MassMutual. The company intends to use the funds to scale production, expand the team of experts behind the technology, and build additional business areas. … Continue reading Rapid Liquid Print Raises USD 7M in Series A Funding
Inkbit Closes $19M Financing
Inkbit, a Medford, MA-based company which specializes in advanced additive manufacturing solutions, raised $19M in funding. The round was led by Ingersoll Rand (NYSE: IR), with participation from Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. As part of the transaction, Jason Weber, Vice President of Engineering,… Continue reading Inkbit Closes $19M Financing
Wiz Raises $1 Billion in Funding at $12 Billion Valuation
(from left to right – Yinon Costica, VP Product; Assaf Rappaport, CEO; Ami Luttwak, CTO; Roy Reznik, VP R&D). Photo credit: Avishag Shaar-Yashuv Wiz, a NYC-based cloud security company, raised $1 billion at a $12 billion valuation. The round, which brought total funding to $1.9 billion, was led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive… Continue reading Wiz Raises $1 Billion in Funding at $12 Billion Valuation
EnviroSpark Energy Solutions Secures $50M Investment From Basalt Infrastructure Partners
EnviroSpark, an Atlanta, GA-based electric vehicle (EV) charging company, received a $50M investment from Basalt Infrastructure Partners. The company intends to use the funds to expand its owned and operated network across the US, innovate its technologies, and further enhance the accessibility and sustainability of EV infrastructure. Led by Aaron and Stephanie Luque, EnviroSpark specializes… Continue reading EnviroSpark Energy Solutions Secures $50M Investment From Basalt Infrastructure Partners
Blaize Raises $106M in Funding
Blaize, an El Dorado Hills, CA-based AI computing developer providing edge computing solutions, raised $106M in funding. The round was led by Bess Ventures, Franklin Templeton, DENSO, Mercedes Benz, and Temasek and new investors Rizvi Traverse, Ava Investors and BurTech LP LLC. The company intends to use the funds to consolidate its position in the… Continue reading Blaize Raises $106M in Funding
Anon Raises $6.5M in Funding
Anon, a San Francisco, CA-based provider of a developer platform empowering secure AI access and control to user accounts online, raised $6.5M in funding. The round was led by Union Square Ventures and Abstract Ventures, as well as early support from Impatient Ventures and ex/ante (pre-seed lead investors), with participation from Ryan Hoover (Founder, Product… Continue reading Anon Raises $6.5M in Funding
Thunes Acquires Tilia
Thunes, a Singapore-based global cross-border payments company, acquired Tilia LLC, a San Francisco, CA-based provider of a payments platform. The amount of the deal was not disclosed. Tilia offers a payments platform for digital economies. Through its technology and as a licensed money transmitter in the United States, the company enhances online economies by providing… Continue reading Thunes Acquires Tilia