Silicon Valley Journals Stensul, the provider of a Marketing Creation Platform, has successfully raised $34.5 million in a Series C funding round. The funding was led by Sageview Capital and saw participation from existing investors, including U.S. Venture Partners, Javelin Venture Partners, Uncork Capital, and Lowercase Capital. The round also featured new investor Edith Harbaugh, Executive Chair and … Read more
Ursa Major, a leading privately funded rocket propulsion company in the U.S., has closed $138 million in its Series D and D-1 funding rounds. The investments were led by Explorer 1 Fund and Eclipse, with participation from RTX Ventures, BlackRock-managed funds, Exor Ventures, Mack & Co., LLC, XN, and other institutional shareholders. Ursa Major focuses … Read more
Kognitos, a company specializing in generative AI for business automation, has secured $20 million in a Series A funding round led by Khosla Ventures, with participation from existing investors Clear Ventures, Engineering Capital, and Wipro Ventures. The new funding brings Kognitos’ total venture capital raised to $30 million, including a previously closed seed round. Founded … Read more
SpaceX has acquired Pioneer Aerospace, a parachute vendor, for $2.2 million. Pioneer Aerospace provided the drogue parachutes for SpaceX’s Dragon capsules, critical components used during reentry to stabilize and slow down the spacecraft. SpaceX has historically outsourced its parachute production, but this acquisition indicates a shift towards in-house manufacturing. The drogue chutes deployed at an … Read more
The raised capital will contribute to the development of Wormhole Labs, a newly formed entity set to advance the Wormhole protocol.
Together AI, a startup focused on enhancing the efficiency of pre-training and fine-tuning open source foundation models on high-performance graphics chips, has successfully closed a significant $102.5 million Series A funding round. The round is led by Kleiner Perkins, with participation from Nvidia and Emergence Capital. Founded by serial entrepreneur and former Apple executive Vipul … Read more
Protein engineering company Aperiam Bio has officially emerged from stealth mode, revealing a successful seed funding round totaling $9 million. The funding round was led by OMX Ventures, with participation from Axial VC, KDT Ventures, and Civilization Ventures. Proteins, essential building blocks of life, have traditionally presented challenges in engineering to enhance their functionality. Aperiam … Read more
Funds will be used to advance two drug candidates: SP-624 for major depressive disorder, which is moving into late-stage development, and RABI-767 for the treatment of severe acute pancreatitis, which is entering Phase 2.
f2o Sports launches a Regulation Crowdfunding campaign, allowing global fans to own equity in a soccer team in Spain and revolutionize traditional sports ownership.
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) awarded nearly $2 million to Palo Alto-based Open Networking Foundation in the second round of grants from the Public Wireless Supply Chain Innovation Fund’s first Notice of Funding Opportunity. The $1.5 billion Wireless Innovation Fund supports the development of open and interoperable wireless networks as part of … Read more