Pinecone, a New York-based vector database company providing long-term memory for AI, announced that it raised $100 million in Series B funding at a $750M valuation, to provide long-term memory for AI. The funding round was led by Andreessen Horowitz, with participation from ICONIQ Growth and previous investors Menlo Ventures …
Weaviate.io, an Amsterdam, Netherlands-based developer of the AI-native Weaviate vector database, announced that it raised $50 million in Series B funding. The round was led by Index Ventures, with participation from Battery Ventures. Weaviate's existing investors, including NEA, Cortical Ventures, Zetta Venture Partners, and ING Ventures also joined this round. …
SafeSize, a Netherlands-based retail tech company that offers personalized shoe and insole recommendations, raised €14 million in Series B funding. The investment comes from Phaistos Investment Fund and existing investors Convent Capital and 3TS Capital Partners. The funds will be used to expand its global presence, particularly in the United …
CoreWeave, a Roseland, N.J.-based specialized cloud provider built for large-scale GPU-accelerated workloads, secured $221 million in Series B funding. The round was led by Magnetar Capital (“Magnetar”), a leading alternative asset manager, with contributions from NVIDIA, and rounded out by Nat Friedman and Daniel Gross. The latest funding will be …
Lexion, a Seattle, WA-based legal tech startup that provides an AI-powered contract management and operations workflow platform, announced that it raised $20 million in Series B funding. The round was led by Point72 Ventures, with participation from Citi Ventures and existing investors Khosla Ventures, Madrona Venture Group, and Wilson Sonsini. …
Dexter Energy, an Amsterdam, Netherlands-based company, raised €10.5 million in Series B funding for its short-term energy trading solutions based on artificial intelligence. The investment round was led by a London-based VC ETF Partner, with participation from existing investors Newion, PDENH, and Rockstart. The funds will be used to fast-track …
Safe Security, a Palo Alto, CA-based AI-based cyber risk management SaaS platform, announced that it closed $50 million in Series B funding, bringing its total funding to over $100 million. The round was led by Sorenson Capital, with participation from Eight Roads (Fidelity Investments), Telstra Ventures, WTI, and all existing …
