.@hexanalytics has raised $100 million in Series D funding with @a16z, @Redpoint, and @Amplify, all StepStone platform managers, participating in the round. The company provides a collaborative data analytics platform that integrates SQL, Python and R workflows. They believe the embedded AI agents will handle tasks that usually require humans to work through software, creating an efficient data analytics platform.
Discover more: bit.ly/4z1uDZp
Discover more: bit.ly/4z1uDZp
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Home robotics is moving from experimentation toward everyday applications. @bySyncere has raised $11 million in pre-Seed funding, led by @a16z, a StepStone platform manager, as it develops its platform for bringing robotics and local AI into the home. They are starting with a lamp called Lume.
Learn more: bit.ly/4BHFQkt
Learn more: bit.ly/4BHFQkt
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.@goguavaai has raised $12.5 million in Seed funding, led by @AcrewCapital, a StepStone platform manager. The company is developing AI voice agents that combine speech recognition, language models and speech synthesis in a unified stack, while giving businesses control over agent knowledge and actions.
Keep reading: bit.ly/4efyVou
Keep reading: bit.ly/4efyVou
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.@getserval, an enterprise service management and automation platform, has raised $150 million in Series C funding, with participation from @firstround, @Redpoint, and @conviction, all StepStone platform managers. The company plans to invest in its automation agent, Catalyst, as it builds tools that enable employees across business functions to automate work without a required engineering background.
Learn more: bit.ly/4BIkcfV
Learn more: bit.ly/4BIkcfV
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#DrenBio, a company developing clinical treatment for blood cancers, has secured $350 million in private financing, co-led by @lightspeedvp, with participation from @8vc, both StepStone platform managers. The financing will support the advancement of Dibotatug, the company’s investigational monoclonal antibody, as well as its broader oncology and autoimmune pipeline.
Discover more: bit.ly/48w3CCw
Discover more: bit.ly/48w3CCw
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.@wabi has raised $55 million at a $1.25 billion valuation as it develops a different approach to personal AI, making tools designed for shared experiences among friends, families and other groups. StepStone platform manager, @a16z, participated in the financing.
Keep reading: bit.ly/4A8khYL
Keep reading: bit.ly/4A8khYL
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A $45 million Series A is supporting @coherenceneuro's work to explore electrical signals as cancer biomarkers. In many cases, monitoring tumors can leave gaps in effective treatment because of inconvenient testing, which is why machine-learning models could estimate whether a tumor is growing or responding to treatment. Co-led and backed by @foundersfund and @8vc, the financing will support clinical research and development of the company's cancer-monitoring platform.
Learn more: bit.ly/3UvtOKe
Learn more: bit.ly/3UvtOKe
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#Simplismart, an AI infrastructure platform for fine-tuning AI models, has secured $14 million in Series B funding, with @Accel, a StepStone platform manager, participating. The funding will support the company's AI inference platform as well as its work with cloud providers and expansion into global markets.
Keep reading: bit.ly/4BymVsb
Keep reading: bit.ly/4BymVsb
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.@BedrockRobotics has raised $600 million in Series C funding at a $4.1 billion post-money valuation, with @BessemerVP and @emergencecap, both StepStone platform managers, participating as new investors. The company develops autonomous technology for heavy construction equipment, starting with excavators. They're currently working on adding physical AI to complete each task on commercial job sites.
Read more: bit.ly/47L3hM7
Read more: bit.ly/47L3hM7
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#Marc, a start-up created by 24 year old Aaron Devitt, has raised $5 million in Seed funding backed by StepStone platform manager @Work_Bench, to support its expansion across the U.S. and Canada. The company uses AI to analyze property-related vendor contracts and invoice data, helping managers identify discrepancies that may lead to overpayment.
Read more: bit.ly/4zPBPbQ
Read more: bit.ly/4zPBPbQ
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.@hexagonbio has closed a $62 million Series C led by #TheColumnGroup and backed by @8vc, both StepStone platform managers. The biopharmaceutical company is developing novel payload mechanisms for antibody-drug conjugates, with the financing supporting its planned Phase 1 study of HEX-360 and additional programs from its ADC platform.
Learn more: bit.ly/4snQngh
Learn more: bit.ly/4snQngh
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Backed by StepStone platform manager, @Afford_Capital, #BioStack has raised $9.5 million in seed funding to support its healthcare data infrastructure platform. By connecting fragmented clinical information across healthcare systems, the company is building longitudinal, de-identified datasets for research, biotechnology and medical AI.
Learn more: bit.ly/4i6P7uF
Learn more: bit.ly/4i6P7uF
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.@EkaRobotics has raised a $150 million Series A co-led by @a16z, with continued support from @obviousvc, both StepStone platform managers. The company is building a vision-force-action model focused on dexterous robotic manipulation, and says the new funding will support scaling its technology and customer deployments.
Read more: bit.ly/4A0GEzo
Read more: bit.ly/4A0GEzo
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.@warpsciences has emerged from stealth with $215 million in funding led by @lightspeedvp with participation from @MayfieldFund and @conviction, all StepStone platform managers. The company is building U.S.-based chemistry labs combining AI, robotics and research services for biotechnology and pharmaceutical companies.
Keep reading: bit.ly/4z3WGYp
Keep reading: bit.ly/4z3WGYp
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.@GetPrismData has raised a $20 million Series A as it expands its cash flow underwriting technology, with participation from @obviousvc, a StepStone platform manager. Prism reports that API requests from banks and lenders have increased more than 100x over the past two years. Which is why they believe their technology will ensure efficient assessments of creditworthiness to lenders.
Learn more: bit.ly/4eLuL7W
Learn more: bit.ly/4eLuL7W
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AI audio interpreter for videos @Sonilo_music has raised $11 million with participation from @Redpoint, a StepStone platform manager. Its platform combines video understanding and audio generation to create music and sound effects based on what is happening on screen. The funding will support further model development, broader distribution across creator and developer platforms, and expanded music licensing.
Learn more: bit.ly/4sjUJFk
Learn more: bit.ly/4sjUJFk
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San Francisco-based startup @TownAI develops AI assistants that connect with workplace tools and systems to help employees with tasks. The company has raised $108 million in Series B funding, with @firstround and @a16z, both StepStone platform managers, participating in the round.
Read more: bit.ly/4z1BTFr
Read more: bit.ly/4z1BTFr
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.@pov_beauty has secured Series A funding backed by StepStone platform manager #ImaginaryVentures as it looks to build on its launch at Sephora. The skin-prep brand is blending skincare and makeup, with a product lineup focused on creating the base for cosmetic application. With the new funding, POV Beauty plans to expand across retail and TikTok Shop while continuing to build its pipeline of skincare-makeup hybrid products.
Keep reading: bit.ly/4zKGdc7
Keep reading: bit.ly/4zKGdc7
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.@dreamlabs_ai has raised $90 million in Seed funding backed by StepStone platform manager @KindredVentures alongside the launch of its Dream API. The company is developing Dream-1, a robot foundation model designed to translate video inputs and natural-language instructions into robotic actions. Its approach uses video of people performing physical tasks to help the model learn skills that can be applied across robotic hardware.
Continue reading: bit.ly/3WiHCbp
Continue reading: bit.ly/3WiHCbp
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.@tryramp says more than 85,000 companies use its platform to manage financial operations. That's why it's been able to raise $1.85 billion in primary financing, valuing the financial operations platform at $60 billion. The round was co-led by @foundersfund, with additional participation from @8vc and @lightspeedvp, both StepStone platform managers.
Read more: bit.ly/4yZkcX9
Read more: bit.ly/4yZkcX9
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