NoTraffic, an Overland Park, Kansas–based AI-powered mobility platform for traffic management, has raised $90 million in Series C funding. Investors The round was led by PSG Equity, with participation from M&G Investments, Grove Ventures, LifeX Ventures, Meitav Investment House, and Next Gear Ventures. PSG Equity is a global growth equity …
Candex, a New York–based provider of vendor management and tail-spend solutions for global enterprises, has extended its Series C funding round to more than $40 million, with a strategic investment from HSBC. Investors The strategic investment from HSBC brings Candex’s total funding to over $120 million. HSBC Holdings plc, the …
Turquoise Health, a San Diego, CA–based multi-sided healthcare pricing and payment platform, has raised $40 million in Series C funding. Investors The round was led by Oak HC/FT, with participation from Andreessen Horowitz, Adams Street Partners, and Yosemite. Oak HC/FT is a venture and growth equity firm specializing in fintech …
ORO Labs, a San Francisco and London–based procurement orchestration platform for global enterprises, has secured $100 million in Series C funding. Investors The round was led by Brighton Park Capital and Goldman Sachs Alternatives, with participation from existing investors Norwest Venture Partners, B Capital, XYZ Capital, and Felicis. Brighton Park …
Nscale, a London, UK–based AI infrastructure startup, has raised $2 billion in Series C funding, valuing the company at $14.6 billion. Investors The round was led by Aker ASA and 8090 Industries, with participation from Astra Capital Management, Citadel, Dell Technologies, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72. …
Encord, a San Francisco, CA–based AI-native data infrastructure platform for physical AI systems, has raised $60 million in Series C funding. Investors The round was led by Wellington Management, with participation from Y Combinator, CRV, N47, Crane Venture Partners, Harpoon Ventures, Bright Pixel Capital, and Isomer Capital. Wellington Management is …
UpGuard, an Australia- and Mountain View, California-based cybersecurity and risk management company, has raised $75 million in Series C funding. Investors The round was led by Springcoast Partners, with participation from existing investors August Capital, Square Peg Capital, and Pelion Venture Partners. Established in 2023, Springcoast Partners is a growth …
