Fundraising

SparkCharge raises $30M to help fleets electrify without commitments

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

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

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

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

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

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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Realta Fusion taps $36M in fresh funds for its fusion-in-a-bottle reactor

Some fusion companies might be hitting a rough patch, but Realta Fusion is bucking the trend with a new fundraising round it says will allow it to finalize the design of its Anvil prototype reactor. “By the end of our Series A investment period, we’ll have said, ‘Hey, we have a design. We’re shovel ready

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Bill Gates tells his foundation to spend it all by 2045

The Gates Foundation received a death sentence of sorts today. Microsoft co-founder turned billionaire philanthropist Bill Gates said today that his foundation will have just 20 years to exhaust its coffers and wind down operations. He has pledged to donate 99% of his fortune, which today is worth an estimated $107 billion, to the foundation.

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