Weights & Biases Closes $50 Million in Funding
Weights & Biases, a San Francisco, CA-based end-to-end MLOps platform, announced that it closed $50 million at a $1.25 billion valuation and the launch of W&B Prompts. The round was led by Daniel Gross and Nat Friedman, with participation from Sapphire Ventures. Additionally, existing investors like Coatue, Insight Partners, Felicis, …
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Symmetry Systems Secures $17.7 Million in Funding
Symmetry Systems, a San Jose, CA-based company specializing in next-generation AI-powered data-centric security, secured $17.7 million in an internal funding round. This round saw participation from repeat investors ForgePoint Capital and Prefix Capital, along with new participants W11 Capital Management and TSG (The Syndicate Group), a strategic investor with a …
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Deepset Raises $30 Million in Funding
Deepset, a Berlin, Germany-based platform that enables the creation of enterprise apps powered by large language models (LLMs) similar to ChatGPT, raised $30 million in funding, bringing its total to date to $46 million. The round was led by Balderton Capital, with participation from GV (formerly Google Ventures) and Harpoon …
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Kore Raises Nearly £2.4 Million in Funding
Kore, a London, UK-based RegTech Software-as-a-Service (SaaS) platform that enables large financial institutions to fast-track regulatory compliance, raised under £2.4 million in funding. Wealth Club members under the Enterprise Investment Scheme (EIS) participated in the round. The company intends to use the funds to expand operations and its business reach. …
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Satim Secures €1.8 Million in Funding
Satim, a Kraków, Poland-based company, secured €1.8 million in funding to further advance its AI-based software designed for automatic object detection, identification, and classification using satellite Synthetic Aperture Radar (SAR) imagery. The round was led by Cultivation Capital, with participation from Verissimo Ventures, The Flying Object, Everywhere Ventures, Hustle Fund, …
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GoStudent Raises $95 Million in Funding
GoStudent, a Vienna, Austria-based edtech company, raised a $95 million funding round – a mix of equity and debt capital. The investment was from Deutsche Bank and other investors, including Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue, and Softbank Vision Fund 2. The newly raised funds will be …
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Tenstorrent Secures $100 Million in Funding
Tenstorrent, a Toronto, Canada-based AI hardware startup, recently announced that it secured $100 million in a convertible note funding round, bringing its total raised to $334.5 million. The funding round was co-led by Hyundai Motor Group and Samsung Catalyst Fund, with Hyundai Motor and Kia contributing $30 million and $20 …
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