Venture Capital

Factory Raises $200 Million At $5 Billion Valuation To Scale Self-Improving Software Development Platform

By Amit Chowdhry ● Yesterday at 4:56 PM

Factory has raised $200 million in new financing at a $5 billion valuation as the enterprise AI software company scales its platform for autonomous and self-improving software development. The round included Blackstone, Khosla Ventures, Sequoia Capital, Insight Partners, Evantic Capital, Sound Ventures, NEA, Mantis VC and Clearlake, along with angel investors including Nico Rosberg, Brad Gerstner and Marc Benioff. The financing brings Factory's total funding to more than $400 million.

Reckitt Invests Up To $600 Million To Expand U.S. R&D And Healthcare Manufacturing

By Amit Chowdhry ● Yesterday at 2:36 PM

Reckitt has announced plans to invest up to $600 million in a multi-year transformation of its U.S. operations, expanding research and development capabilities in New Jersey and significantly increasing manufacturing capacity at its over-the-counter healthcare facility in North Carolina.

BackOps Raises $42 Million Series B To Scale AI Resolution Layer For Supply Chain Operations

By Amit Chowdhry ● Yesterday at 2:22 PM

BackOps, an AI platform that automates complex operational workflows for companies that make or move physical goods, has raised $42 million in Series B funding to expand its resolution layer across supply chain, finance, and customer service processes. Insight Partners led the round, with participation from existing investors Theory Ventures, Construct Capital, Gradient Ventures and 10VC.

Decimal AI Raises $4 Million Seed Round To Expand Customer Engineering Platform For Technical Support Teams

By Amit Chowdhry ● Yesterday at 1:50 PM

Decimal AI, an AI-powered customer engineering platform for technical support teams, has raised $4 million in seed funding to expand technology that helps software companies investigate and resolve complex customer issues using code, logs, production data and other technical context. The round was co-led by Khosla Ventures and Kearny Jackson, with participation from Atlassian Ventures and Weekend Fund. Additional investors include former Stripe COO Claire Johnson, Anrok founder and Executive Chairman Michelle Valentin, and former Eightfold Chief Customer Officer Rimple Patel.

Hang Ten Systems Raises Additional $53 Million For Enterprise AI Services

By Amit Chowdhry ● Yesterday at 1:42 PM

Hang Ten Systems, an enterprise AI services company founded by former SAP CEO Vishal Sikka, has raised an additional $53 million in seed funding led by Xora, a Temasek-backed investment fund, bringing the company's total funding to $85 million.

Footprint Raises $25 Million Series B To Expand AI Financial Crime Compliance Platform

By Amit Chowdhry ● Yesterday at 9:36 AM

Footprint has raised $25 million in Series B funding to expand Percy, its agentic AI operating system for financial crime compliance, and Trust Fabric, the underlying infrastructure designed to turn individual investigations into reusable organizational knowledge.

Matter Venture Partners Closes $450 Million Fund II For HardTech, Robotics, And Physical AI Startups

By Amit Chowdhry ● Yesterday at 9:28 AM

Matter Venture Partners has closed its second fund at $450 million to invest in early-stage HardTech companies spanning semiconductors, robotics and Physical AI, AI infrastructure, quantum computing, advanced manufacturing, energy technologies and AI applications for scientific research.

ETFBOOK Raises $13 Million To Expand ETF Data And Analytics Platform Into U.S. And Asia-Pacific

By Amit Chowdhry ● Yesterday at 9:21 AM

ETFBOOK, a Zurich-based ETF data and analytics platform, has raised $13 million to expand its intelligence infrastructure beyond Europe and accelerate growth across the U.S. and Asia-Pacific markets.

UCL Spinout AcouBatt Raises £1.1 Million Pre-Seed Round For AI-Powered Battery Diagnostics

By Amit Chowdhry ● Yesterday at 8:53 AM

AcouBatt, a University College London spinout developing AI-powered acoustic sensing technology for battery manufacturing and monitoring, has raised £1.1 million in pre-seed funding to help manufacturers produce lithium-ion batteries faster, with less waste and greater visibility into potential safety defects.

May Mobility To Go Public In $1.4 Billion SPAC Deal With ACP Holdings, Raising Up To $337 Million

By Amit Chowdhry ● Yesterday at 8:44 AM

May Mobility, an autonomous vehicle technology company focused on commercial ride-hail services, has agreed to go public through a business combination with ACP Holdings Acquisition Corp. that implies a pro forma enterprise value of approximately $1.4 billion.

Embodied AI Launches With Funding To Automate European Manufacturing

By Amit Chowdhry ● Yesterday at 8:43 AM

Embodied AI, a Lausanne-based robotics startup developing intelligent machines for manufacturing and logistics, has launched with a first financing round led by Faber VC as it seeks to build a robotic workforce capable of learning directly on industrial production lines. The company did not disclose the size of the round.

Hackuity Raises $19 Million For AI-Powered Vulnerability Management

By Amit Chowdhry ● Yesterday at 8:29 AM

Hackuity, an AI-powered Vulnerability Operations Center platform, announced that it has raised $19 million in new funding led by Forgepoint Capital International, with participation from existing investors Bright Pixel, Bpifrance, and Seventure Partners. The round brings Hackuity's total funding to $38 million.

Phil And Penny Knight Commit $1.1 Billion To Providence For Oregon’s First Women’s Hospital And Heart Care Expansion

By Amit Chowdhry ● Yesterday at 8:11 AM

Phil and Penny Knight have committed $1.1 billion to Providence St. Vincent Medical Center and Providence Heart Institute, one of the largest gifts to a healthcare institution in U.S. history. The funding will help create Oregon's first hospital dedicated to women's health while supporting a major expansion of cardiovascular care, research and technology.

OpenAI Reportedly Explores New Funding At $1.2 Trillion Valuation

By Amit Chowdhry ● Yesterday at 7:30 AM

OpenAI has held preliminary discussions with major investors about a new funding round that could value the artificial intelligence company at approximately $1.2 trillion, according to Reuters.