Fundraising

Self-driving technology company Aurora Innovation is looking to raise hundreds of millions in additional capital as it races toward a driverless commercial launch by the end of 2024.  Aurora is…

Self-driving truck startup Aurora Innovation to sell up to $420M in shares ahead of commercial launch

The San Jose-based startup raised $60 million in a round that values it lower than the $500 million valuation it garnered in its most recent round, according to multiple sources.

Sequoia-backed Knowde raises Series C at a valuation cut

When Xiaoyin Qu was growing up in China, she was obsessed with learning how to build paper airplanes that could do flips in the air. Her parents, though, didn’t have…

Heeyo built an AI chatbot to be a billion kids’ interactive tutor and friend

The company also said it has received regulatory clearance to start Phase 2 clinical trials for a new drug in the U.S. later this year.

Healx, an AI-enabled drug discovery platform for rare diseases, raises $47M

Global startup funding was up 16% in the second quarter, according to Crunchbase data, led by an uptick in mega-rounds. That increase was led, unsurprisingly,…

Global startup funding is picking up with AI still in the spotlight

Checkly helps devs get signals about an app’s performance and downtime, offering a set of subscription-based synthetic monitoring tools.

Checkly tests software by mimicking the way people use it

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with…

Lineaje raises $20M to help organizations combat software supply chain threats

AI hardware is all the rage in startup land — though receptions have thus far been mixed. Two notable examples, Rabbit and Humane, released devices to disappointing results. a16z-backed Limitless…

Friend’s $99 necklace uses AI to help combat loneliness

Historically, passive income has been associated with investing in real estate such as rental properties. FranShares is a Chicago-based startup that wants to offer investors another form of passive income:…

FranShares has a new approach to passive income, letting people invest in franchises for as little as $500

The fundraising environment is challenging for emerging managers, defined as VC firms raising their first through third time. But Katie Jacobs Stanton, a former head of media at Twitter who…

Moxxie Ventures, led by ex-Twitter media head, raises $95M third fund

Women’s health tech, which leverages innovations in AI, smartphones and connected wearables to give women more insights into reproductive and menstrual health, continues to gain momentum with users, and investors…

Fertility tracking app Flo Health raises $200M at a $1B+ valuation

The startup is betting it can bring its fusion technology to market at a breakneck pace by leaning heavily on partners.

Bill Gates-backed Type One Energy lands massive seed extension to commercialize fusion power

We’ve been covering U.S.-based insurtech startup Faye way back since 2022 with its seed round, and the Series A round in 2023, and it seems they continue to be on…

Packing travel insurance products into an app helped Faye to a $31M Series B

Zoe sends customers at-home testing materials to collect blood or feces to test blood fat, blood sugar, and gut microbiome health. Following those results, the company scores every food (on…

Zoe, a microbiome-focused nutrition company, raises $15M to expand in the US

Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to broaden the scope of its AI tech stack. The financial terms of the deal…

Canva acquires Leonardo.ai to boost its generative AI efforts

The promise of AI and large language models (LLMs) is the ability to understand increasingly wider amounts of context and make sense of that information easily, so it makes sense…

Bee raises $7M for its wearable AI assistant that learns from your conversations

Bike-taxi startup Rapido, which counts Swiggy among its investors, is the latest Indian firm to become a unicorn.

India’s Rapido becomes a unicorn with fresh $120M funding

With the CrowdStrike update continuing to cause havoc across the planet, a startup has raised $13.5 million to at least improve some level of security for the kinds of devices…

ZeroTier raises $13.5M to help avert CrowdStrike-like network problems

In addition to insured commitments, Archera provides consulting services to help build purchasing strategies for customers to optimize their cloud usage.

Archera helps customers access deep cloud discounts

The startup has developed a way to create copper and aluminum foils that are laced with tiny holes and riddled with undulating peaks and valleys.

GM-backed Addionics aims to make lithium-ion batteries cheaper with wavy foil

Public market investors have a large variety of infrastructure and software that helps them keep track of, analyze and manage their investments, but that’s not the case for investors in…

bunch raises $15.5M for its platform that simplifies investment management for VCs

But the fate of many generative AI businesses — even the best-funded ones — looks murky.

VCs are still pouring billions into generative AI startups

Maven Ventures general partner Sara Deshpande has been investing in the consumer tech space for a decade. Over time, the seed-stage venture firm has backed…

Cracking the AI and consumer code with early Zoom-backer Maven Ventures

The firm has numerous legs to it, ranging from a venture studio to standard funds, where it does everything from co-founding companies to deploying capital.

CityRock launches second fund to back founders from diverse backgrounds

Farmers have got to do something about pests. But nobody really likes the idea of using more chemical pesticides. Thomas Laurent’s company, Micropep, thinks the answer might already be in…

Micropep taps tiny proteins to make pesticides safer

The startup is not disclosing its valuation, but sources close to the company say the figure is just under $400 million post-money.

Dazz snaps up $50M for AI-based, automated cloud security remediation

Dental care is a necessity, yet many patients lack confidence in their dentists’ ability to provide accurate diagnoses and appropriate treatments. Some dentists overtreat patients, leading to unnecessary expenses, while…

Pearl raises $58M to help dentists make better diagnoses using AI 

Exoticca’s platform connects flights, hotels, meals, transfers, transportation and more, plus the local companies at the destinations.

Spanish startup Exoticca raises a €60M Series D for its tour packages platform

Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The…

OpenAI-backed legal tech startup Harvey raises $100M

Nathan Rosenberg, the founder of farm automation platform Farmblox, said if there is one thing to know about trying to sell technology to farmers, it’s that you can’t tell them…

Farmblox puts the control into farmers’ hands with its AI-powered sensor-reading platform