Silicon Valley Journals 
AbbVie, a North Chicago, IL-based pharmaceutical company known for developing medicines and solutions addressing serious health issues, has announced the acquisition of Celsius Therapeutics, Inc., a privately held biotechnology company based in Cambridge, MA, focused on developing therapies for inflammatory diseases. Details of the Acquisition Under the terms of the agreement, AbbVie acquired all outstanding … Read more
Odaseva, a San Francisco, CA-based provider of enterprise data security solutions for Salesforce, has raised $54 million in Series C funding. This round brings the company’s total funding to $90 million. Investors and Funding Utilization The Series C round was led by Silver Lake Waterman, with participation from existing investors F-Prime, Eight Roads, and Serena … Read more
Climate X, a UK-headquartered climate risk intelligence company, has raised $18 million in a Series A funding round to accelerate its global expansion and support leading financial organizations in pricing the impact of climate change on physical asset portfolios. The funding round was led by GV (Google Ventures), with participation from Pale blue dot, CommerzVentures, … Read more
Function, an Austin, TX-based health platform, has closed its Series A funding round, bringing the total amount raised to $53 million. The round was led by Andreessen Horowitz (a16z) Bio + Health, with additional support from the a16z Cultural Leadership Fund. Other notable investors include Wisdom.vc, Draft Ventures, K5, G9 Ventures, and a host of … Read more
BlueFlame AI, a generative AI platform based in New York City and London, UK, has successfully closed a $5 million Series A funding round, reaching a valuation of $50 million. The funding was raised through BlueFlame’s network of industry leaders and strategic partners, with significant participation from the management team. Company Overview BlueFlame AI, led … Read more
Rocketlane, a San Mateo, CA-based provider of Professional Services Automation (PSA) and client onboarding platform, announced it has raised $24 million in a Series B funding round. This round brings the total funding raised by Rocketlane to $45 million. The investment was co-led by 8VC, Matrix Partners India, and Nexus Venture Partners. Purpose and Platform … Read more
Creatio, a prominent no-code CRM and workflow automation platform, announced the successful closing of a $200 million funding round. This significant investment was led by Sapphire Ventures, with participation from StepStone Group, as well as existing investors Volition Capital and Horizon Capital. Company Vision and Market Need Creatio, co-founded and led by CEO Katherine Kostereva, … Read more
The company intends to use the funds to continue its LLM safety innovation, validate the market need, and further the platform’s market entry goals.
UroMems, a company based in Grenoble, France, and Minneapolis, MN, developing implantable mechatronics technology, has raised $47 million in Series C funding. Investors The round was led by: Existing investors also participated: Funding Purpose The funds will be utilized to support large-scale U.S. and European pivotal clinical trials of the UroActive™ implant. About UroMems UroActive™ … Read more
Cobalt Service Partners, a NYC-based commercial access solutions platform backed by Alpine Investors, has announced its acquisition of Digi Security Systems, a commercial security integrator based in Tulsa, OK. The financial terms of the deal were not disclosed. About Digi Security Systems Digi Security Systems is recognized for creating safer communities through its comprehensive security … Read more