Insider Brief PRESS RELEASE — Loop, the full-stack, verticalized AI platform for logistics and supply chains, announced it has raised a $95 million Series C led by Valor Equity Partners and the Valor Atreides AI Fund, with participation from 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and Tao Capital Partners. The new funding will […]
Insider Brief Nyobolt has raised $60 million in series C funding to expand its ultra-fast charging and high-power battery systems for autonomous robots and AI infrastructure, with valuation topping $1 billion. The funding round was led by Symbotic, with participation from IQ Capital, Latitude, Scania Invest and CBMM. The company said revenue increased fivefold year […]
Insider Brief PRESS RELEASE — Reserv Inc. (“Reserv”), the parent company of Reserv Claims Analysis, LLC — the Property and Casualty (P&C) Insurance industry’s largest AI-native third-party administrator (“TPA”) — and Reserv Technologies, LLC — a claims intelligence provider — has announced a $125 million Series C funding round led by KKR, with participation from existing investors including Bain Capital Ventures and Flourish Ventures, as […]
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 […]
Choosing the right AI platform is not as straightforward as most people expect. Both tools are free, capable, and widely used. But the ChatGPT vs Perplexity choice comes down to how you work. One is built for writing. The other is built for search.
Legora, an AI platform built for lawyers, has raised a $50 million extension from Nvidia’s venture arm, NVentures, reports CNBC. The raise brings the Swedish company’s recent Series D funding round total to $600 million. At the time of the first close in March, Legora was valued at $5.5 billion.
Era, an AI platform startup, has secured $11 million in funding to power a new wave of intelligent hardware devices. Founded by Liz Dorman, Alex Ollman, and Megan Gole, the company provides a software layer enabling hardware makers to build AI-powered gadgets — from glasses and jewelry to home speakers. Rather than building devices itself, Era offers […]
Insider Brief PRESS RELEASE — Cloudsmith, the universal artifact management platform trusted by some of the world’s leading enterprises, announced a $72M Series C financing led by TCV and with participation from Insight Partners, along with investments from other existing investors. The additional funding positions Cloudsmith for massive growth to power the era of AI-driven software development. […]
Ineffable Intelligence, a British AI lab founded by former DeepMind researcher David Silver, has raised $1.1 billion at a $5.1 billion valuation in a round led by Sequoia Capital and Lightspeed Venture Partners, with participation from Index Ventures, Google, Nvidia, and the UK’s Sovereign AI fund. Silver, a University College London professor who spent over […]