Orbite Completes $4 Million Series A Funding Round

Orbite Completes  Million Series A Funding Round

Orbite, a leading space training and operations company, has successfully closed its $4 million Series A funding round, attracting both new and returning investors. This investment will help accelerate Orbite’s growth, expand its sales and marketing efforts, and advance preparations for its flagship Spaceflight Gateway Campus. In addition, Orbite has announced a strategic partnership with … Read more

HappyRobot Raises $15.6 Million Series A Funding

HappyRobot Raises .6 Million Series A Funding

HappyRobot, an innovator in AI-driven voice solutions for logistics, has raised $15.6 million in Series A funding, led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic investors like RyderVentures. This follows a previously undisclosed pre-seed round raised 18 months ago, backed by Array Ventures and angel investors. The company’s conversational AI platform … Read more

Tyson Foods announced 1,000 workers layoffs

Tyson Foods announced 1,000 workers layoffs

Tyson Foods is closing three U.S. processing plants, resulting in the loss of over 1,000 jobs as the company navigates a challenging cattle market. The closures include the Emporia, Kansas, beef plant, which employs 809 workers, and two prepared foods plants in Philadelphia, Pennsylvania, that produce meat for cheesesteaks, according to filings under the WARN … Read more

Edelman Lays Off 330 employees

Edelman Lays Off 330 employees

Edelman, a leading public relations firm, is laying off 330 employees, representing over 5% of its global workforce, as part of a restructuring initiative aimed at “simplifying” the company’s business model. This marks the largest headcount reduction for the firm in years. The restructuring will also involve the closure of several specialized units, including Edible … Read more

Heirloom Raises $150 Million Series B to

Heirloom Raises 0 Million Series B to

Heirloom, a leading provider of Direct Air Capture (DAC) technology in the U.S., has raised $150 million in Series B funding. The round was co-led by Future Positive and Lowercarbon Capital, with participation from new industrial investors such as Japan Airlines, Mitsubishi Corporation (Americas), Mitsui & Co., Ltd., Siemens Financial Services, and MOL Switch LLC. … Read more

Cake Raises $13MM Seed Round Led by Gradient

Cake Raises MM Seed Round Led by Gradient

Cake, a managed open-source AI infrastructure platform, has raised $13 million in a seed funding round to bring advanced AI capabilities to mid-market companies. The round was led by Gradient, Google’s early-stage AI fund, with participation from Primary Venture Partners, Alumni Ventures, Friends & Family Capital, Correlation Ventures, Firestreak Ventures, and several industry veterans. Cake … Read more

OneRail Raises $42 Million Series C Funding to Drive Growth

OneRail Raises  Million Series C Funding to Drive Growth

OneRail, a leader in last mile omnichannel fulfillment, has secured $42 million in Series C funding, led by Aliment Capital. This investment will help expand OneRail’s OmniPoint® platform, which automates fulfillment and optimizes order routing by selecting the best inventory, shipping mode, and carrier. Since its last funding round in 2022, OneRail has achieved 254% … Read more

AdvantageClub.ai Raises $4 Million from Axilor Ventures to Expand in the US and Asia, and Launch New Product Lines

AdvantageClub.ai Raises  Million from Axilor Ventures to Expand in the US and Asia, and Launch New Product Lines

AdvantageClub.ai, a leading provider of employee engagement solutions, has secured $4 million in its latest funding round, bringing its total funding to $11 million. The round was led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar (former CTO of Rippling), Bytez Ventures, and existing investors. The company plans to use the funds to … Read more

Tenstorrent Secures Over $693M in Series D Funding, Led by Samsung Securities and AFW Partners

Tenstorrent Secures Over 3M in Series D Funding, Led by Samsung Securities and AFW Partners

Tenstorrent has successfully closed a Series D funding round, raising more than $693 million at a pre-money valuation of $2 billion. The round was led by Samsung Securities and AFW Partners, with significant demand from investors leading to its oversubscription. Both Samsung and AFW Partners have a strong history of backing innovative tech companies and … Read more

Wherobots Raises $21.5M Series A to Advance Geospatial Data Analytics

Wherobots Raises .5M Series A to Advance Geospatial Data Analytics

Wherobots, the Spatial Intelligence Cloud founded by Apache Sedona creators Mo Sarwat and Jia Yu, has closed a $21.5 million Series A funding round. The financing, led by Felicis with support from Wing Venture Capital, Clear Ventures, JetBlue Ventures, and P7 Ventures, will accelerate product development and market expansion. Aydin Senkut of Felicis and Peter … Read more