Vectara, a leading provider of Generative AI solutions, has successfully closed a $25 million Series A funding round led by FPV Ventures and Race Capital. This funding round, combined with last year’s seed funding, brings Vectara’s total funding to $53.5 million. The investment will fuel Vectara’s mission to enhance the reliability and efficacy of Retrieval…
Tree.ly, a pioneering carbon offset startup, has successfully raised €5 million in Seed funding to bolster its efforts in developing and managing forest climate protection projects across Europe. This investment underscores Tree.ly’s commitment to combating climate change through innovative, scientifically-backed initiatives that harness the natural potential of local forests. Founded with a vision to bridge…
In a groundbreaking move aimed at enhancing healthcare accessibility for underserved communities, Alchemy has successfully closed a $31 million seed financing round. The funding, led by Andreessen Horowitz (“a16z”) Bio + Health, garnered support from notable investors, including NBA legend Earvin “Magic” Johnson, Sandberg Bernthal Venture Partners, Banc of California, and existing backers such as…
X-Bow Systems Inc. (X-Bow), a pioneering force in advanced manufactured solid rocket motors (SRMs) and hypersonics technologies, announced today the successful completion of its Series B financing round, raising in excess of $70 million. This significant capital infusion, led by National Security technology-focused firm Razor’s Edge, alongside contributions from Lockheed Martin Ventures, Boeing Ventures, Crosslink…
Apromore, a leading innovator in AI-driven process mining, has successfully closed an additional $15 million in Series B-1 funding, extending its earlier round. This latest round, led by existing investors and featuring participation from Tin Alley Ventures—a joint venture between Tanarra Capital and the University of Melbourne—brings the total Series B funding to $25.3 million…
In a significant advancement for the biotechnology sector, Shift Bioscience has successfully raised $16 million (£12.5 million) in Seed funding, spearheaded by BGF and joined by prominent existing investors including F-Prime Capital, Kindred Capital, and Jonathan Milner. This investment is poised to accelerate the development of Shift Bioscience’s innovative artificial intelligence platform aimed at identifying…
Outschool, a trailblazer in online education, launches Outschool Courses, a groundbreaking platform designed to empower homeschooling and alternative education families. This initiative underscores Outschool’s commitment to personalized learning, offering families the flexibility to curate bespoke educational experiences tailored to each learner’s unique needs. In response to a shifting educational landscape post-pandemic, Outschool conducted a survey…
In a landmark achievement for Spain’s venture capital landscape, Seaya, a prominent investment firm based in Madrid, has successfully closed its Seaya Andromeda fund at an impressive €300 million. This fund marks Southern Europe’s pioneering Article 9 climatetech initiative, dedicated to advancing impact-driven growth in sectors crucial to global sustainability. Seaya Andromeda focuses its investments…
Course5 Intelligence Limited (C5i), a leading AI & Analytics company, has appointed Dr. Ananth Raman, UPS Foundation Professor of Business Logistics at Harvard Business School, to its Strategic Advisory Board (SAB). Dr. Raman, renowned for his expertise in Technology and Operations Management, joins C5i to provide strategic direction in enhancing strategy, intellectual property development, and…
In a transaction that marks a watershed moment for the robotics industry, Skild AI has announced the closing of a colossal $1.4 billion funding round. This massive capital infusion, led by SoftBank Group, elevates the company’s valuation to over $14 billion and cements its position as the primary architect of the world’s first unified robotics…
