Silicon Valley Journals

FranklinWH Secures $25 Million Series B Funding to Drive Home Energy Freedom

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FranklinWH, a trailblazer in comprehensive home energy management, has announced the successful acquisition of $25 million in Series B funding. The funding round was led by Particle Future, signaling a significant milestone in FranklinWH’s journey to propel growth and establish its prominent role in ushering home energy freedom to households across the United States and … Read more

Curi Bio Awarded Over $4.4M in NIH Grants to Advance Translational Science

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Curi Bio, a pioneer in human stem cell-based platforms for drug discovery, has secured significant funding through two Small Business Innovation Research (SBIR) grants from the National Institutes of Health (NIH) totaling $4.4 million. These grants are aimed at advancing Curi Bio’s innovative work in implementing human models for drug discovery, with a focus on … Read more

AMD Acquires Mipsology, a French AI Software Company

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AMD Acquires Mipsology, a French AI Software Company

Advanced Micro Devices Inc. (AMD) has expanded its presence in the artificial intelligence (AI) landscape by acquiring Mipsology, a French AI software company. Mipsology specializes in AI software that enables computers to interpret and respond to images and videos. AMD’s acquisition of Mipsology reflects its ongoing efforts to enhance its AI capabilities and compete with … Read more

T-Mobile Lays Off 5,000 Employees, Claiming That Retaining Customers Has Become More Expensive

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T-Mobile, a prominent player in the telecommunications industry, has undertaken a significant workforce reduction, affecting approximately 5,000 employees reported by Bloomberg. This move comes as the company seeks to balance its efforts to enhance coverage and offer competitive pricing to customers. While T-Mobile has been striving to outpace its carrier competitors, Verizon and AT&T, in … Read more

Blanka Raised $2 Million Seed Round to Fuel Beauty Brand Launch Platform

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Blanka Raised Million Seed Round to Fuel Beauty Brand Launch Platform

Blanka, a Canadian pioneering platform facilitating the launch of beauty brands, has successfully closed an oversubscribed seed funding round, raising $2 million. The round was spearheaded by Dundee Venture Capital and drew participation from Storytime Capital, Disruption Ventures, along with notable investors such as Fatima Yusuf, former executive at Shopify, and Manica Blain, a consumer-focused … Read more

Gympass Raises $85 Million in Series F Funding at $2.4 Billion Valuation

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Gympass Raises Million in Series F Funding at .4 Billion Valuation

Gympass, a prominent corporate wellness platform, has secured $85 million in a Series F funding round, achieving a valuation of $2.4 billion. Leading the round was EQT Growth, with participation from Neuberger Berman on behalf of its client funds. Despite challenging economic conditions, Gympass has experienced a remarkable year of growth, expanding its customer base … Read more

Translucent Secures £5 Million in Seed Funding for its Financial Management Platform

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Translucent, a financial management startup, has successfully raised £5 million ($6.3m) in a seed funding round to support its innovative accounting data unification platform. Introduced in 2022, Translucent addresses the needs of multi-entity businesses by providing a centralized digital space for consolidating financial data and streamlining workflows. The platform is designed to integrate seamlessly with … Read more

UKI2S Innovation Fund Surpasses £100 Million Mark with Additional Backing

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The UK Innovation & Science Seed Fund (UKI2S), which supports new businesses developing technologies, has reached a significant milestone by exceeding £100 million in total funding. This achievement comes as a result of additional support from UK Research and Innovation (UKRI) and the Ministry of Defence (MoD). Managed by Future Planet Capital, UKI2S focuses on … Read more