Fundraising

LM Arena, the organization behind popular AI leaderboards, lands $100M

Fundraising /

LM Arena, a crowdsourced benchmarking project that major AI labs rely on to test and market their AI models, has raised $100 million in a seed funding round that values the organization at $600 million, according to Bloomberg. Andreessen Horowitz (a16z) and UC Investments, which manages an investment portfolio for the University of California, led the […]

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SparkCharge raises $30M to help fleets electrify without commitments

Fundraising /

Electrifying a fleet of vehicles is the chicken-and-egg problem for the 21st century. Where do you spend money first, on the vehicles or the charging infrastructure? Believe it or not, that question isn’t always thought through. Joshua Aviv, founder and CEO of SparkCharge, has had fleets approach him and say, “Hey, the cars are here.

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Gravitee, a platform that helps companies manage APIs, raises $60M

Fundraising /

Gravitee, a platform designed to help companies manage their APIs and other digital traffic pipelines, has raised $60 million in a Series C funding round led by Sixth Street Growth with participation from Riverside Acceleration Capital and Albion VC. The new capital, which brings Gravitee’s total raised to just over $125 million, will be used

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Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed

Fundraising /

Affiniti founders Aaron Bai, 20, and Sahil Phadnis, 22, are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years. Their growth has been so impressive that six months after raising an $11 million seed round, they raised a $17 million Series A, led by Signal

Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed Read More »

The Nuclear Company raises $46M to develop massive reactor sites

Fundraising /

The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs. The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ

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Harvey reportedly in discussions to raise $250M at $5B valuation

Fundraising /

Legal tech startup Harvey is in discussions to raise more than $250 million in a funding round led by Kleiner Perkins and Coatue that would value it at $5 billion, Reuters reported, citing anonymous sources. Sequoia Capital, which led the startup’s $300 million Series D just three months ago, is also expected to invest in

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TensorWave raises $100M to grow its AMD-powered cloud infrastructure

Fundraising /

TensorWave, a data center provider building facilities primarily with AMD hardware, has raised $100 million as it seeks to further build out its data center infrastructure. The funding round was led by Magnetar and AMD Ventures, and brings the company’s total capital raised to $146.7 million, according to Crunchbase. Maverick Silicon, Nexus Venture Partners and

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