Silicon Valley Journals 
Studio Atelico, the game studio building new AI-first gaming experiences, has closed a $5 million seed round led by Air Street Capital and angel investors including Chris Ré (Factory), Thomas Wolf (Hugging Face) and Alex Ratner (Snorkel). The company’s mission is to craft AI-first games and technologies that push the boundaries of conventional gameplay, creating … Read more
XOPS, now emerging from stealth, has secured a $40 million funding round co-led by Activant Capital and FPV Ventures, with Andrew Steele (Activant) and Pegah Ebrahimi (FPV) joining the company’s board. The newly unveiled Active System of Intelligence platform reimagines enterprise IT. It automates and autonomously runs complex, business-critical IT workflows—without the need for manual … Read more
Citizen Health, a San Francisco–based health tech startup focused on transforming rare disease care, has raised $30 million in Series A funding. The round, led by 8VC with participation from Transformation Capital and Headline, brings the company’s total funding to $44 million since its launch in December 2023. Founded by Farid Vij (CEO & Co-founder) … Read more
Qloud Games, an independent studio based in Sydney, has secured a $5 million seed funding round led by BITKRAFT Ventures and GFR Fund, with participation from Andreessen Horowitz (a16z), 1UP Fund, and Gaingels. This funding follows Loftia’s record-breaking Kickstarter campaign, which has become Australia’s most successful gaming crowdfunding effort. Loftia is a cozy online world … Read more
DrivePoint, the AI-powered strategic finance platform tailored for consumer brands, has raised over $9 million in funding. This includes a $7 million Series A round led by Vocap Partners, building on a previously undisclosed financing from earlier in 2024. The round also saw participation from returning investors—Bling Capital, Vinyl VC, Las Olas Venture Capital, and … Read more
Uncle Arnie’s, one of the fastest-growing hemp-derived THC beverage brands in the United States, has completed a $7.5 million Series A strategic growth raise to support its next phase of expansion. The round was co-led by Mindset Capital and Delta Emerald Ventures, with strategic investor Harry Rubin—a founding partner of the Boston Beer Company—joining the … Read more
Appcharge, a direct-to-consumer (DTC) platform designed for mobile game publishers, has raised $58 million in a Series B funding round led by IVP, with participation from Playrix, Creandum, Play Ventures, Glilot Capital Partners, Smilegate Investment, Moneta VC, BITKRAFT Ventures, and Corundum. This brings Appcharge’s total funding to $89 million, underscoring its rapid ascent in transforming … Read more
Warner Bros.’ Motion Picture Group (MPG) is reducing its workforce by approximately 10%, equating to around 52 positions, impacting departments such as marketing, production strategy, distribution, operations, and theatrical ventures (Reuters, Los Angeles Times). These layoffs are part of a broader restructuring initiative aligned with Warner Bros. Discovery’s strategy to split its business into two … Read more
Providence Health & Services, a major healthcare provider in the Pacific Northwest, plans to lay off 126 workers across Washington state starting in October. The affected positions span multiple locations—including clinics in the Tri-Cities area, Spokane, and potentially Colville—according to a WARN notice issued by the Washington State Employment Security Department. This follows a recent … Read more
ORIC Pharmaceuticals has announced a strategic restructuring that includes laying off 20% of its employees as it doubles down on advancing its two most promising oncology candidates: a PRC2 inhibitor named ORIC-944 and a brain-penetrant EGFR/HER2 inhibitor now known as enozertinib (formerly ORIC-114). This move aligns with the company’s shift toward becoming a more streamlined … Read more