Fundraising

Data lakehouse Onehouse nabs $35M to capitalize on GenAI revolution

You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam engine” of the fourth industrial revolution, there’s little doubt that “GenAI” is shaping up to transform just about every industry — from finance and healthcare to law

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Samsara Eco is working to replace plastic packaging with fossil fuel-free alternatives

Samsara Eco makes and sells fossil-free polymer resins. These resins can be integrated into supply chains and potentially replace plastic packaging and textile products with more sustainable alternatives. The Australian startup made a significant stride on Wednesday, securing an additional $65 million in all equity ($100 million AUD). The round was co-led by Temasek and

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Creatio raises $200M at a $1.2B valuation for its no-code CRM and workflow platform

Creatio, the no-code CRM and workflow automation platform, on Wednesday announced that it has raised a $200 million funding round led by Sapphire Ventures. StepStone Group and current investors Volition Capital and Horizon Capital also participated in this round. “The problem we’re solving is addressing the need of knowledge workers,” Creatio co-founder and CEO Katherine

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Payabli is building payment management tools for software startups

Joseph Phillips and William Corbera, both of whom come from entrepreneurial backgrounds, have been friends for over a decade. Corbera co-founded RevoPay, a payments processing platform that was acquired by payments solutions firm OSG in 2022. Phillips, for his part, led the national sales team at Seamless before heading up sales at ServiceTitan, a web-based

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General Catalyst leads $40M round for Local Kitchens, a different kind of restaurant kitchen startup

At a time when companies are shuttering their cloud and ghost kitchens, Local Kitchens is proving its tech-enabled multi-brand restaurant concept is a business model that can work. And it grabbed $40 million in new Series B funding for its efforts. Jon Goldsmith, Jordan Bramble and Andrew Munday, all former DoorDashers, started the San Francisco-based

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H Venture Partners launches venture studio focused on microbiome tech

H Venture Partners is launching a venture studio that will focus on sourcing microbiome technologies and materials that can be commercialized and turned into startups.  The firm said on Friday that it will source talent who can solve health problems like depression, cancer, eczema and neurodegenerative diseases. This expansion is in part funded by H

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How 2 high school teens raised a $500K seed round for their API startup (yes, it’s AI)

Just a few weeks ago, 18-year-old best friends Christopher Fitzgerald and Nicholas Van Landschoot graduated from high school.  While most teens their age would be living it up in their last summer before college or the adult jobs that await them, Fitzgerald and Van Landschoot are hunkered down in a VC office in Boulder, Colorado.

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OmniAI transforms business data for AI

The majority of companies struggle to extract value from their data. Several years ago, Forrester reported that between 60% and 73% of data belonging to the average business goes unused for analytics. That’s because the data’s siloed or otherwise pigeonholed by technical and security considerations, making it difficult — if not impossible — to apply analytical tools.

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