Generate Biomedicines, a Cambridge, Massachusetts-based whose machine learning-powered Generative Biology platform that can rapidly invent new drugs across a wide range of protein modalities and previously undiscoverable protein therapeutics, today announced it has raised $370 Million in a Series B financing to advance the development of its novel drug generation …

Alluxio, a San Mateo, California-based developer of open-source data orchestration software for large-scale analytics and AI/ML workloads, announced Series C financing of $50 million. The round was led by a leading global investment firm, along with participation from existing investors including a16z, Seven Seas Partners, and Volcanics Ventures. This brings …

Nexar, a New York-based leading AI computer vision company, announced the completion of a $53 million Series D funding round. The round was led by Qumra Capital, with the participation of State Farm Ventures, Catalyst Investments, Banca Generali, Valor, and previous backers; Atreides Management, Corner Ventures, Regah Ventures, Aleph, and …

Circonus, a Philadelphia PA-based full-stack monitoring, and analytics platform provider raised $10 million in Series B funding. The round was led by Baird Capital, with participation from existing investors NewSpring Capital, Osage Venture Partners, and Bull City Venture Partners. Joanna Arras, Partner at Baird Capital, will join Circonus’ board of …

Cognixion, a Santa Barbara, Calif.-based neural interface startup, raised $12 million in a seed funding round by Prime Movers Lab, with co-investors Northwell Health, Amazon Alexa Fund, and Volta Circle. The company intends to use the funds to develop new adaptive interfaces for Assisted Reality technology. Company: Cognixion Inc Raised: …

Variational AI, developer of state-of-the-art generative AI technology to redefine the economics of drug development by accelerating the discovery of novel and optimized small molecules, announced that it has raised $3.5 million ($CDN4.3 million) in seed funding. The investment round was led by Flying Fish Ventures, Alliance of Angels, and …

Netomi Inc., a San Mateo, California-based provider of customer-service chatbots, raised $30 million in a Series B funding round that values the company at $210 million, up from a valuation of $67.5 million in 2019. The round was led by WndrCo, the firm co-founded by Jeffrey Katzenberg, with participation from …