Insider Brief PRESS RELEASE — Iceotope Group, the leading provider of precision liquid cooling technology solutions, announced the close of a $26M series B funding round. The investment was led by Two Seas Capital and Barclays Climate Ventures along with participation by existing investors Edinv, ABC Impact, Northern Gritstone and British Patient Capital. Iceotope will use the funding […]
Gaiia, an AI-native operating system for communications service providers, has closed a $40 million Series B led by JMI Equity with participation from Inovia Capital, bringing total funding to $66 million. The founding team retains control following the raise, which comes after three consecutive years of more than 3x revenue growth. The Montreal-based company replaces […]
AI voice infrastructure startup Vapi has closed a $50 million Series B led by Peak XV Partners at a valuation of approximately $500 million, following a high-profile deployment with Amazon Ring that routed the smart home company’s entire inbound call volume through Vapi’s platform. Ring turned to Vapi during the 2024 holiday season after evaluating […]
Insider Brief PRESS RELEASE — Exaforce, the pioneer in agentic security operations, has announced a $125 million Series B financing round, one of the largest ever in the emerging AI SOC space. The round includes participation from HarbourVest, Peak XV, Mayfield, Khosla Ventures, Seligman Ventures and AICONIC. The new capital will help Exaforce scale its AI-native security […]
Insider Brief PRESS RELEASE — Isomorphic Labs, an AI-first drug design and development company, has announced it has raised $2.1 Billion in Series B funding. This latest round of investment will accelerate the company’s evolution from pioneering novel AI models to applying them at scale. The financing round is led by Thrive Capital, and includes participation from […]
Cowboy Space Corporation, founded by Robinhood co-founder Baiju Bhatt, has raised $275 million in a Series B led by Index Ventures at a $2 billion valuation, with participation from Breakthrough Energy Ventures, Construct Capital, IVP, and ORIC. The company is building orbital data centres to meet surging AI compute demand — and developing its own rocket to […]
Insider Brief PRESS RELEASE—Panthalassa, a renewable energy and ocean technology company, has announced $140 million in Series B financing led by Peter Thiel, with participation from new investors John Doerr, Marc Benioff’s TIME Ventures, Max Levchin’s SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Asset Management (USA)’s venture fund, Anthony Pratt, Fortescue Ventures, Future Positive, WTI, Nimble […]
Insider Brief PRESS RELEASE — JuliaHub announces the launch of Dyad 3.0 and a $65M series B funding round led by Dorilton Capital, with participation from General Catalyst, AE Ventures, and technology investor and former Snowflake CEO Bob Muglia. Dyad marks a fundamental shift in how physical systems are designed and built, bringing autonomous AI agents into […]
Firestorm Labs, the San Diego defense startup behind a containerized drone manufacturing platform, has raised $82 million in Series B funding led by Washington Harbour Partners, with participation from Lockheed Martin, In-Q-Tel, Booz Allen Ventures, and NEA, bringing total funding to $153 million. The company’s xCell platform fits inside a standard shipping container and can […]
Parallel Web Systems, the AI agent research platform founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation, led by Sequoia. Existing backers including Kleiner Perkins, Index Ventures, Khosla Ventures, and First Round Capital also participated, bringing total capital raised to $230 million. The round arrives […]