Startups

MemryX: $44 Million (Series B) Raised For Advanced Edge AI Computing

By Amit Chowdhry ● Apr 1, 2025

MemryX, a provider of industry leading Edge AI semiconductor solutions, announced it has raised $44 million in Series B funding. This funding round received support from new and existing investors.

Jolly: $16.5 Million (Series A) Secured For Workforce Optimization Platform

By Amit Chowdhry ● Apr 1, 2025

Jolly, a workforce optimization platform, announced a $16.5 million Series A fundraise which was led by Zach Kirkhorn (former CFO of Tesla). Along with Kirkhorn, who will join the company's Board, the funding included participation from angel investors Gokul Rajaram, Julien Codorniou, Steve Luczo, and David Marcus, and institutional support from Bullpen Capital, Dorm Room Fund, Eigen Ventures, among others. These funds will expand Jolly's product suite and scale into new verticals.

Straiker: $21 Million Raised For AI-Native Solution For Securing AI Apps

By Amit Chowdhry ● Apr 1, 2025

Straiker, an AI-based security company, announced its launch from stealth mode with $21 million in initial funding from Lightspeed Ventures and Bain Capital Ventures. Straiker is introducing the first solution designed for safeguarding the full range of enterprise AI applications–from AI native apps to Agents.

TCab Tech: Series B+ Funding Raised For Commercializing E20 eVTOL In Low-Altitude Economy

By Amit Chowdhry ● Apr 1, 2025

TCab Tech, a company that is developing electric vertical takeoff and landing (eVTOL) aircraft, announced the completion of B+ round financing. The funding round was co-led by Grand Neo Bay Venture Capital and Chiforturne Venture Capital, both capitals will provide strategic support to the company supporting the company's commercialization efforts in the low-altitude economy across Shanghai and the Yangtze River Delta region. To date, TCab Tech raised around $100 million in total funding.

BuildVision: $10 Million (Series A) Secured For Commercial Construction Procurement

By Amit Chowdhry ● Apr 1, 2025

BuildVision, a commercial construction procurement platform, announced it closed on a $10 million Series A round of funding led by Norwest Venture Partners with participation from existing investor Crosslink Capital. This funding round raises the funding to $13.8 million.

GSME: $18 Million Growth Investment Secured

By Amit Chowdhry ● Apr 1, 2025

GS Microelectronics (GSME), a leader in advanced manufacturing solutions, announced that it has secured $18 million in growth investment from a consortium of strategic partners and technology funds. This investment will advance GSME's ambitious growth plans, including portfolio diversification, global service business expansion, and the development of its cutting-edge Analog and RF IP products.

OpenAI: $40 Billion Raised At $300 Billion Post-Money Valuation

By Amit Chowdhry ● Apr 1, 2025

OpenAI announced it has closed $40 billion in funding at a $300 billion post-money valuation. SoftBank is leading the funding round, and several other backers, such as Microsoft, Coatue, Altimeter, and Thrive, are joining them.