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Unveiled today as the largest publicly available AI model for genomic data, it was built on the NVIDIA DGX Cloud platform in a collaboration led by nonprofit biomedical research organization Arc Institute and Stanford University. DGX Cloud provides short-term access to large compute clusters, giving researchers the flexibility to innovate.
LottieFiles , a platform for JSON-based Lottie animations, has raised a Series A of $9 million. Based in SanFrancisco and Kuala Lumpur, LottieFiles was founded in 2018. The platform includes Lottie creation, editing and testing tools, and a marketplace for animations.
The SanFrancisco-based startup’s SaaS (software-as-a-service) platform currently processes over $5 billion in mortgages and consumer loans per day, up from nearly $3 billion last July. In 2020, the SanFrancisco-based startup significantly expanded its digital consumer lending platform. million in 2019.
Nigerian fintech Cleva, focused on creating a banking platform for African individuals and businesses to receive international payments by opening USD accounts, has raised $1.5 million in pre-seed funding. The round was led by 1984 Ventures, an early-stage venture capital firm based in SanFrancisco.
million in a funding round led by LAUNCHub Ventures and Hoxton Ventures. It’s now raised $16 million in new funds led by Founders Fund, the SanFrancisco-based VC, whose portfolio boasts names such as Airbnb, Spotify and SpaceX. Players in the space include Walnut , Stonly , Capterra… the list goes on.
Jio Platforms, the biggest telecom operator in India and which has raised over $20 billion from Facebook, Google and other high-profile investors this year, is leading a financing round of a SanFrancisco-based startup that develops augmented reality mobile games. billion in India’s Reliance Jio Platforms.
SanFrancisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 API platform Postman delivers $150M Series C on $2B valuation. Image Credits: Postman.
Aplos is backed by private equity firm Alpine Investors in SanFrancisco. The plan is to have all three products on one platform, according to Anush Vinod, CEO of Aplos in Fresno, California. “We There is a “stick in the ground” to have a single sign-in for the platform by late 2024 or early spring 2025, he said.
As traditional funding models shift and societal needs evolve, nonprofits are being called upon to adapt and innovate to create lasting change. This increased need is coupled with a potential shift in funding priorities, as philanthropic organizations and governments allocate more resources to address climate-related emergencies.
Unit21 , a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million in a Series B round of funding led by Tiger Global Management. This funding will support our mission to democratize data and make it more accessible to operations teams.”. Image Credits: Unit21.
For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. Crypto remittance platforms are rising to the challenge of fixing these cross-border payment issues by reducing time and fees. Sending money from the U.S. running early-stage startups.
Manish Maheshwari, the former head of Twitter India who recently moved to SanFrancisco to work at a different division within the company, is leaving the firm to launch an edtech startup, according to nine people familiar with the matter. Maheshwari and Twitter didn’t respond to a request for comment two weeks ago.
million seed funding co-led by Makers Fund and Andreessen Horowitz. Other investors include Pioneer Fund, Boost VC, muru-D and Thomas Rice. . 1 on the Oculus charts and produced historical engagement metrics for the platform, according to the company. Upon its release, it spent more than seven weeks at No.
Family offices and accredited investors are eager to get involved in high-quality funds, but face hurdles like access to fund managers. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate.
The lack of trust between NGOs and local Kenyans and the expectancy that NGOs are funded from outside Kenya are the key reasons for limited local fundraising towards NGO in Kenya. M-Changa also makes it easy for NGOs to account for funds coming in from multiple paymnet channels with automatic reporting and statements.
While working as a software engineer in Japan, Singapore and SanFrancisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. The latest funding brings Autify’s total raised to $12.2
Narrato , a AI content creation and collaboration platform, announced today it has joined the ranks of other generative AI startups with VC funding. Based in SanFrancisco, Narrato raised a $1 million pre-seed round led by AirTree Ventures, the Australian firm that was an early investor in Canva , Linktree and Employment Hero.
Accord opened up its previously announced $6 million seed round to accept over $1 million from a group of CEOs and sales leads at companies they are working with to officially launch its business-to-business sales platform. Accord launches B2B sales platform with $6M seed. Rich expects a Series A round to quickly follow.
Based in SanFrancisco and Ho Chi Minh City, ELSA announced today it has raised a $15 million Series B, led by VI (Vietnam Investments) Group and SIG. Other participants included returning investors Google’s AI-focused fund Gradient Ventures, SOSV and Monk’s Hill Ventures, along with Endeavor Catalyst and Globant Ventures.
Virtual veterinarian care platform Dutch has raised $20 million in Series A funding led by Forerunner Ventures and Eclipse Ventures. The SanFrancisco-based company’s latest round comes seven months after its market launch and brings its total funding raised to $25 million. Image Credits: Dutch.
million in seed funding led by Trucks VC and Fifty Years. ” Faction , which launched last year and graduated this winter from the Y Combinator accelerator program, started with a three-wheel motorcycle platform. However, it has developed a core platform with safety features that will step in if the autonomous system fails.
Glean , for example, puts cutting-edge AI search capabilities in the hands of employees so that they can tap into various apps and platforms to find documents and corporate intelligence. In June 2024, the company transformed its existing enterprise AI assistant and search engine into a platform called Work AI platform.
The platform launched Wednesday across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement. This brings the company’s total funding to $26 million, co-founder and CEO Mahima Chawla told TechCrunch. Oyster snaps up $20M for its HR platform aimed at distributed workforces.
Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. million funding round.
million in pre-seed funding. SanFrancisco-based Global Founders Capital (GFC) led the round. The fintech landscape, as described by Bakori, is one where while startups create silo interfaces that allow their customers to send or receive funds between themselves, issues always arise when global financial systems come into play.
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. Today, BoxGroup is announcing it has beefed up its war chest so that it can be that “first yes” to more companies with the closure of two new funds totaling $255 million of capital. Each fund amounts to $127.5 million. .
AppDirect, a SanFrancisco- and Montreal-based platform for buying, selling and managing tech through a network of IT advisors, has raised $100 million from CDPQ to expand its financing program for small- and medium-sized tech businesses. All rights reserved. For personal use only.
Prive , a months-old, SanFrancisco-based startup founded by two former Uber product managers, just raised $1.7 million in pre-seed funding to create what it describes as a far more customizable e-commerce subscriptions platform for D2C brands. 5 predictions for the future of e-commerce. billion.
Less than a year after its $3 million seed round, SanFrancisco- and Africa-based fintech Pngme has snapped up another $15 million for its financial data infrastructure play. The company is also describing itself as a machine learning-as-a-service platform. “It’s a highly data-driven user experience. .”
SF New Deal began with a vision of SanFrancisco as a world class city that provides an abundance of support, opportunity, dignity, respect, and appreciation for small businesses and neighbors in need. SF New Deal launched in March 2020 as a rapid response to the COVID pandemic in SanFrancisco.
Sequoia Capital India led the SanFrancisco and Bangalore-headquartered startup’s $30 million Series B round. A number of investors, including Qualgro, Lachy Groom and Chiratae Ventures, also participated in the round, which pushes the five-year-old startup’s all-time funding to $43 million.
Today, the SanFrancisco-based company operates in 11 states plus Washington, D.C., Thousands of “shefs” are now using the platform — 85% of whom are women and 80% people of color — and many are immigrants or refugees cooking homemade dishes representing nearly 100 countries. Also elevating those expansion efforts is a $73.5
Creating a spend and procurement platform from scratch might’ve been a big risk, but it appears to have paid off for Jobani, who claims that PayEm now has “hundreds” of customers and fast-growing revenue (up 550% over the last year).
Others involved individual decisions on where to live: do you bet on the future of SanFrancisco or do you want to partake in the growth of some other startup hub? Clubhouse believes it can reinvent radio with the right interactivity and build a unique social platform. It’s a new social platform, with new social dynamics.
Headroom , a startup developing AI-powered software to make meetings ostensibly more efficient, today announced that it raised $9 million in funding led by Equal Opportunity Ventures with participation from Gradient Ventures, LDV Capital, AME Cloud Ventures, and Morado Ventures. On the other end of the spectrum, startups like Fireflies.ai
HomeLight , which operates a real estate technology platform, announced today that it has secured $100 million in a Series D round of funding and $263 million in debt financing. The financings bring the SanFrancisco-based company’s total raised since its 2012 inception to $530 million. in the coming months. .
Enable , a startup developing a cloud-based software tool for business-to-business rebate management, announced Wednesday a $45 million Series B funding round. and moved to SanFrancisco in 2020, was co-founded by Andrew Butt and Denys Shortt in 2015 but launched fully in 2016. The company, which started in the U.K.
In one of the latest developments, Coralogix , which has built a platform to harness those data streams into one mighty river is announcing a mighty round of funding to expand its business. “Our goal with Corlogix was always to expand to a full observability platform, which we have now done,” Assaraf said in an interview.
Speak , an English language learning platform with AI-powered features, today announced that it raised $27 million in a Series B funding round led by the OpenAI Startup Fund , with participation from Lachy Groom, Josh Buckley, Justin Mateen, Gokul Rajaram and Founders Fund.
While the global pandemic was still in full force, Dipti Desai, who had been building data platforms at Uber at the time, started working with a nonprofit selling masks on Shopify. So, she decided to take that on and founded Crstl , a SanFrancisco–based SaaS application and platform that is now making its national launch after raising $4.4
Sundae , a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. The SanFrancisco-based company declined to reveal at what valuation its Series C was raised.
But in late 2020, Cent’s small, SanFrancisco-based team created Valuables , an NFT market for tweets, and by March, the small blockchain startup was thrown a serendipitous curveball. million, and he donated the proceeds to Give Directly’s Africa Response fund for COVID-19 relief. million on the platform himself.
Substack , the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, the New York Times is reporting today. Substack told Axios late last year that the top 10 writers on the platform collectively generate $20 million in annual revenue.
Certainly, he never imagined launching a private event management platform for restaurants and venues, but that’s what he is building, and VCs think enough of it that they just seed funded the company to the tune of $3.6 Interestingly, the idea ties to Hutchison’s five years in the U.S. Army as an infantry officer.
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