NEW YORK: Stepful, a training platform that has become the primary pipeline for practice-ready healthcare workers at some of the nation’s largest hospital systems, has raised $55 million in Series C funding, the company announced. The round was led by Oak HC/FT, with participation from Foresite Capital, Hearst Ventures, and the Citi Impact Fund, as well as existing…
WASHINGTON – U.S. artificial intelligence startup Luma AI said it has raised $900 million in a Series C funding round led by HUMAIN, a Saudi Arabian AI company owned by the Public Investment Fund (PIF), to develop advanced multimodal AI systems. The funding round, announced at the U.S.-Saudi Investment Forum, included significant participation from AMD Ventures…
SAN FRANCISCO – Hippocratic AI, the global leader in safety-focused generative AI healthcare agents, today announced the close of its Series C financing, raising $126 million at a $3.5 billion valuation and bringing its total funding to $404 million. The funding was led by Avenir Growth, a leader in supporting category defining companies in generative…
SAN FRANCISCO – In a blockbuster funding round that underscores the ferocious demand for high-quality AI training data, startup Mercor announced Monday it has raised $350 million at a staggering $10 billion valuation, cementing its status as a major player in the burgeoning AI ecosystem. The Series C round, led by existing investor Felicis, represents a…
LONDON: UK-based consumer electronics startup Nothing has raised $200 million in a Series C funding round, valuing the company at $1.3 billion as it pivots from smartphones to a broader portfolio of AI-native devices. The round was led by Tiger Global, with participation from GV, Highland Europe, EQT, Latitude, I2BF, Tapestry, Qualcomm Ventures, and Nikhil…
Karius, Inc., a pioneering company in the field of infectious disease detection, has announced a substantial $100 million Series C funding round. The investment was co-led by Khosla Ventures, 5AM Ventures, and Gilde Healthcare, with participation from new investor Seventure Partners and existing backers including Softbank Vision Fund 2 and General Catalyst. This infusion of…
CAMBRIDGE: Obsidian Therapeutics, Inc., a trailblazer in engineered cell and gene therapies, has successfully completed a $160.5 million Series C financing round. This round was notably oversubscribed and led by Wellington Management, a new investor in the company. The funding round saw participation from a host of new investors, including Foresite Capital, Janus Henderson Investors,…
NEW YORK: Elon Musk founded The Boring Company announced Series C funding round of $675 million, led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders Fund, 8VC, Craft Ventures, and DFJ Growth. The financing now values The Boring Company at $5.675 billion. The funds from the round will be used…