Tekion, a Pleasanton, CA-based cloud-native platform for the automotive retail ecosystem, has secured $200 million in growth equity capital, placing its valuation above $4 billion. Investors The investment was from Dragoneer Investment Group, a growth-oriented investment firm managing over $23 billion and investing in high-quality public and private businesses. For …

Making Space, a Los Angeles, CA-based B2B SaaS talent acquisition and learning platform for companies to train, access, and retain pre-qualified Disabled talent, closed $2 million in oversubscribed pre-seed funding round. Investors The round was led by Beta Boom and joined by investors such as JFFVentures, FullCircle, American Student Assistance …

Phyron, a Stockholm, Sweden-based AI-powered content creation platform for car dealers, has closed €10 million in Series B funding. Investors The round was led by Round2 Capital, with participation from Peter Vardy, a prominent automotive retailer in the UK. Round2 Capital, founded in 2017, is a pan-European investment firm managing …

Exa, a San Francisco, CA-based AI research lab redesigning search for the AI age, has raised $22 million in seed and Series A funding. Investors The round was led by Lightspeed Venture Partners, with participation from NVentures, NVIDIA's venture capital arm, and Y Combinator. Lightspeed Venture Partners is a multi-stage …

Vectara, a Palo Alto, CA-based generative AI product platform, has secured $25 million in Series A funding, bringing its total funding to $53.5 million. The company also introduces Mockingbird, a new large language model ideal for high-accuracy tasks in the health, legal, finance, and manufacturing industries. Investors The round was …

Xapien, a London, UK-based AI due diligence provider, has raised $10 million in Series A funding, bringing its total funding to $17.8M. Investors The round was led by YFM Equity Partners, an independent private equity investor specializing in growth and buyout opportunities. With over £740 million in assets under management, …

CultureAI, a London, UK-based human risk management platform, has raised $10 million in Series A funding. Investors The round was jointly led by Mercia Ventures and Smedvig Ventures, with continued support from existing investors Passion Capital and Senovo. Mercia Ventures is a proactive venture capital investor focused on being the …