Torpago, a Burlingame, California-based commercial credit card and spend management provider, raised $10 million in Series B funding. Investors The round was co-led by Priority Tech Ventures and EJF Ventures, with participation from BankTech Ventures and other existing investors. Priority Tech Ventures is a division of Priority Technology Holdings, a …
Envisagenics, a New York-based biotechnology company leveraging AI for RNA splicing therapeutics, has secured a Series B funding round. Investors Existing investors Third Kind Venture Capital, Empire State Development, and Red Cell Partners, alongside new strategic investor Bristol Myers Squibb (NYSE: BMY) participated in the round. Envisagenics Use of Funds …
Neural Concept, a Lausanne, Switzerland-based Engineering Intelligence platform, has raised $27 million in Series B funding. Investors The round was led by Forestay Capital, with the D. E. Shaw group and existing investors Alven, CNB Capital, HTGF, and Aster Group also participating. Founded in 2018, Forestay is an early-growth stage …
TraceAir, a Seattle, WA-based site intelligence software provider for homebuilders and land developers, raised $25 million in Series B funding. Investors The round was led by PeakSpan Capital, with participation from Flashpoint Venture Capital. PeakSpan Capital is a growth equity firm based in New York City and Silicon Valley. Having …
Grubtech, a Dubai, UAE-based SaaS integration and unified commerce platform catering to F&B and Quick Commerce enterprises, raised $15 million in Series B round, alongside a Series A extension. Investors The round was led by Jahez Group, with participation from existing investors Addition and Oryx Fund. Jahez Group is a …
xAI, a San Francisco, CA-based AI startup with the mission to understand the universe, raised $6 billion in Series B funding. Investors Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding, amongst others, also participated in the round. …
Bolster, a Santa Clara, CA-based multi-channel phishing protection, has raised $14 million in Series B funding, bringing its total funding to over $40 million. Investors The round was led by M12, Microsoft's venture fund, with participation from existing investors Thomvest Ventures, Crosslink Capital, Liberty Global Ventures, Cheyenne Ventures, Cervin Ventures, …
