Startups

Liquid AI: $250 Million (Series A) Raised For Scaling Capable General-Purpose AI

By Amit Chowdhry ● Dec 16, 2024

Generative AI (GenAI) company announced it closed a $250 million early-stage funding round led by Advanced Micro Devices. This funding round will help the company accelerate the development, scaling, and deployment of its Liquid Foundation Models (LFMs), its lightweight, general-purpose AI models that unlock private, efficient, and reliable enterprise-grade AI for all.

Uplift360: €1 Million (Pre-Seed) Raised To Develop Sustainable Chemical Recycling Technologies

By Amit Chowdhry ● Dec 16, 2024

Uplift360, a company developing sustainable chemical recycling technologies for advanced materials, announced it has closed a €1 million pre-seed funding round led by Promus Ventures and with participation from Twin Track. This funding round will enable Uplift360 to scale its recycling technology and expand its team of scientists as it develops a first-of-its-kind concept demonstrator.

Cofactr: Supply Chain Management Platform Raises $17 Million (Series A)

By Amit Chowdhry ● Dec 15, 2024

Cofactr - a supply chain and logistics management platform that streamlines production processes and policies for critical hardware manufacturers - announced the closing of its $17.2 million Series A funding round. Bain Capital led the funding, and they were joined by existing seed investors Y Combinator, Floating Point Ventures, Broom, and DNX. The new investment brings Cofactr’s total funding to $28.8 million.

Turn Therapeutics: $75 Million Investment Commitment Secured From GEM Global

By Amit Chowdhry ● Dec 15, 2024

Turn Therapeutics - an innovator in advanced wound and dermatology solutions - announced a significant investment commitment from GEM Global Yield, a $3.4 billion private equity and alternative investment group.

ANYbotics: AI-Based Robotic Inspection Solutions Company Raises $60 Million

By Amit Chowdhry ● Dec 15, 2024

ANYbotics, a leader in AI-based robotic inspection solutions, has raised an additional $60 million, bringing its total funding to over $130 million. This new funding is led by Qualcomm Ventures and Supernova Invest, with participation from TDK Ventures and other new investors. Backed by existing investors from Silicon Valley and Europe, including Walden Catalyst, NGP Capital, Bessemer Venture Partners, Swisscanto, and Swisscom Ventures, this funding will accelerate the company's global scaling and recent expansion in the U.S. to meet the growing demand for its industrial inspection robots and enhance the company’s ability to deliver exceptional services and seamless integrations worldwide.

Legion Technologies: Workforce Management Company Raises $50 Million

By Amit Chowdhry ● Dec 15, 2024

Legion Technologies, an innovator in workforce management (WFM), announced it has raised $50 million in financing from Silicon Valley Bank (SVB), a division of First Citizens Bank. The funding, which brings Legion’s total funding to $195 million, follows a $50 million growth round led by Riverwood Capital earlier this year.

Vapi: $20 Million (Series A) Raised To Advance Developer Platform For Deploying Voice AI Agents

By Amit Chowdhry ● Dec 15, 2024

Vapi, a leading developer platform for deploying Voice AI agents, announced that it raised $20 million in Series A funding. The round was led by Bessemer Venture Partners and included participation from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz. The funding will enable the company to expand its engineering team, scale its infrastructure, and reach new enterprise customers.

On Me: Digital Gift Platform Raises $1.7 Million (Seed) And Partners With Mastercard

By Amit Chowdhry ● Dec 15, 2024

Personalized digital gifting platform On Me announced a 5-year industry partnership with Mastercard and $1.7 million in pre-seed funding from Lerer Hippeau and Focal.VC as it emerges from stealth.

Redesign Health: $175 Million Raised To Empower Founders To Launch Healthcare Companies

By Amit Chowdhry ● Dec 15, 2024

Redesign Health, a venture builder enabling founders to launch and scale transformative healthcare companies, announced it closed a $175 million investment for a new fund to advance healthcare company creation. Investment in the fund includes participation from Declaration Partners, Euclidean Capital, and True North Advisors.