Silicon Valley Journals

Lassen Therapeutics Secures $85 Million in Oversubscribed Series B Financing

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Clinical-stage biotech company Lassen Therapeutics has successfully closed an oversubscribed Series B financing round, raising $85 million. Frazier Life Sciences co-led the financing alongside new investor Longitude Capital, with participation from BVF Partners, Catalio Capital Management, Alta Partners, and Longwood Capital. Lassen Therapeutics focuses on developing first-in-class antibody therapeutics, including LASN01 targeting interleukin-11 receptor for … Read more

SimSpace raises $45M to simulate tech stacks for cyber training

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SimSpace, a cybersecurity training startup, has secured $45 million in a funding round led by L2 Point Management, bringing its total funding to $70 million. The company creates digital replicas of organizations’ technology and networking stacks for cybersecurity training. SimSpace aims to reach $50 million in annual recurring revenue by the end of fiscal year … Read more

CITGO Raises More Than $2.9 Million for Muscular Dystrophy Association

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CITGO Petroleum Corporation has successfully concluded its annual fundraising campaign, raising over $2.9 million for the Muscular Dystrophy Association (MDA). The funds will be utilized to accelerate research, enhance multidisciplinary care, and advocate for inclusion, access, and equity for those affected by neuromuscular diseases, including muscular dystrophy and ALS. CITGO achieved this milestone through various … Read more

Totus Medicines Announces Closing of a $66M Series B Funding

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Totus Medicines Announces Closing of a M Series B Funding

Totus Medicines, a company focused on revolutionizing small molecule drug discovery and development using covalent libraries and AI tools, has closed a $66 million Series B financing round led by DCVC Bio. The company also announced the appointment of Nassim Usman, Ph.D., as President & Chief Executive Officer. Neil Dhawan, Ph.D., the co-founder, founding CEO, … Read more

Shelpful Raises $3 Million from Sam Altman’s Apollo

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Shelpful, a company combining artificial intelligence with human support, has secured $3 million in seed funding from Apollo Projects, led by Sam Altman, CEO of OpenAI. Shelpful offers a platform where users can choose between an AI Productivity Assistant (HabitGPT), a real-human Accountability Coach (Shelper), or both in a 3-way chat. The platform aims to … Read more

Tetra Raises $10.5M in Funding to Support Bi-Coastal Expansion

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Tetra Raises .5M in Funding to Support Bi-Coastal Expansion

Home services company Tetra has successfully raised $10.5 million in a seed funding round led by Greycroft, Gutter Capital, Lerer Hippeau, and 1sharpe Capital. The funds will support Tetra’s expansion into new markets, including New York and California, and further development of its proprietary technology designed to assist homeowners in transitioning from fossil fuels to … Read more

Distributional Raises $11M Seed Round led by Andreessen Horowitz

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Distributional has successfully raised $11 million in a seed funding round led by Andreessen Horowitz, with participation from Operator Stack, Point72 Ventures, SV Angel, Two Sigma, Willowtree Investments, and numerous AI leaders as angel investors. The company aims to create a modern enterprise platform for artificial intelligence (AI) testing and evaluation, with a focus on … Read more

Arcane, an AI-powered marketing co-pilot, has raised $5 million in seed funding.

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Arcane, an AI-powered marketing co-pilot, has raised million in seed funding.

AI marketing co-pilot Arcane has secured $5 million in seed funding to further develop its platform, which aims to streamline and enhance marketing workflows through artificial intelligence (AI) technologies. Marketing teams often grapple with challenges stemming from disparate tech stacks and the need to manage large volumes of data across various channels simultaneously. Arcane addresses … Read more

Parse Biosciences raises $50M for single cell sequencing tech

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Parse Biosciences raises M for single cell sequencing tech

Seattle-based single-cell sequencing company Parse Biosciences has successfully raised $50 million through a Series C financing round, accompanied by a debt facility from Horizon Technology Finance. This new funding round, combined with previous investments, brings Parse Biosciences’ total funding to over $100 million. The company had previously closed a $41.5 million Series B financing round … Read more

Playground Global Raises $410 Million in new funding

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Playground Global Raises 0 Million in new funding

Playground Global, an early-stage venture firm specializing in deep-tech investments, has successfully secured $410 million in new capital, boosting its total assets under management to over $1.2 billion. The firm is dedicated to supporting transformative technologies and visionary founders establishing category-defining businesses. The recent funds, allocated in Fund III, will primarily target Seed and Series … Read more