Silicon Valley Journals 
Morning Brew, a digital news outlet targeting millennials, is laying off 40 employees in a second round of layoffs since November 2021. CEO Austin Rief wrote in an internal note that the layoffs were part of a cost-cutting initiative to prepare the business for the next stage of growth in the volatile advertising market. Departing … Read more
Loyalty Ventures Inc. (Nasdaq: LYLT) and its subsidiaries have filed for voluntary relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of Texas. LoyaltyOne, Co., a subsidiary of the Company, has also sought protection under the Companies’ Creditors Arrangement Act (Canada) in … Read more
Ring raised a total of $86.5 million from new and returning investors, validating its unique approach to creating next-generation programable genetic medicines.
The proceeds from this raise will further advance its Anellogy™ platform toward the clinic, transforming commensal anelloviruses into life-saving therapies.
Houseware, a B2B SaaS company, has announced a $2.1M seed round led by Tanglin Venture Partners with participation from GTMfund and Better Capital. The fundraise is a testament to Houseware’s customers’ belief in the company as it solves the hardest problems across different revenue functions. The company is focused on building a warehouse-native revenue engine … Read more
QurAlis Corporation is a clinical-stage biotechnology company that focuses on developing precision medicines for amyotrophic lateral sclerosis (ALS) and other neurodegenerative diseases. The company recently closed an oversubscribed $88 million Series B financing, bringing the total funds raised to $143.5 million. The financing was led by EQT Life Sciences, Sanofi Ventures, and Droia Ventures, with … Read more
SOCRadar, a cybersecurity company providing Extended Threat Intelligence (XTI), has announced $5M in Series A funding from investor 212.VC. The funding will be used to expand SOCRadar’s single-platform early warning system that offers external attack surface management, cyber threat intelligence, and digital risk protection. The Delaware-based company’s Cloud-based platform delivers an early warning system against … Read more
Anthropic, a San Francisco-based artificial intelligence startup, has closed a new round of funding worth $300 million, which brings the company’s valuation to $4.1 billion. The funding round was led by Spark Capital and comes just a month after Google LLC invested $300 million in the startup. Anthropic was founded in January 2021 by a … Read more
Chicago-based ClearFlame Engine Technologies has recently raised $30 million in Series B funding to develop and bring to market innovative solutions for powering heavy-duty engines with clean, renewable fuels. The funding round was led by Mercuria Energy Group, with Mercuria and Breakthrough Energy Ventures both making second investments, along with new investors such as mining … Read more
HeadRace, a recruiting platform founded by three former members of the Marketplace team at Uber, has secured $6m in seed funding from Greylock, Susa Ventures, and Breyer Capital, with Packy McCormick, Kindergarten Ventures, and Blue Lion Global also participating in the funding round. The technology platform provided by HeadRace is now available to any recruiter … Read more
Allegion Ventures, the venture capital arm of Allegion, has made an investment in Latchel, a technology-driven property management platform based in Carmel, Indiana. Latchel’s software helps property managers simplify maintenance operations, which is typically the most time-consuming and costly aspect of the business. The funds will be used to fuel Latchel’s growth and expand its … Read more