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 …
CYFIRMA, a Singapore-based external threat landscape management company, raised pre-Series B funding from OurCrowd, and Larsen & Toubro’s L&T Innovation Fund. Existing investors Goldman Sachs, Zodius Capital, and Z3 Partner also participated in the round. With the closing of this round, CYFIRMA has raised nearly $18 million to date. The …
ClimateAi, a San Francisco, CA-based technology company that provides enterprise climate resilience platform, closed a $22 million Series B funding round, bringing ClimateAi’s total funding to date to $38 million. The round was led by Four Rivers Group, with participation from Neotribe’s Ignite fund and Yaletown Partners. Existing investors, Radical …
Cardinality.ai, a Gaithersburg, MD-based government-technology-focused AI SaaS solution provider, announced that it raised $12.5 million in Series B funding to expand Cardinality's market coverage and accelerate growth. The round was led by Boathouse Capital, along with other investors. The investment will accelerate Cardinality's ability to meet the growing demand in …
