Venture Capital News

SAN JOSE, Calif.--(BUSINESS WIRE)--Hirundo, the world’s first Machine Unlearning platform for large language models (LLMs), announced measurable AI safety improvements across leading open-source models, powered by the NVIDIA technology stack. Using NVIDIA NeMo Evaluator for rigorous before-and-after model benchmarking, NVIDIA GB200 NVL72 system for high-speed model editing, and NVIDIA CUDA for hardware-accelerated unlearning computation, Hirundo’s patented unlearning engine delivered enterprise...

LOUISVILLE, Ky.--(BUSINESS WIRE)--RAAPID, Inc., an AI-powered risk adjustment company backed by M12 (Microsoft's venture fund) and recognized by Modern Healthcare as a 2025 Best in Business honoree in Healthcare IT, today announced the closing of additional Series-A investment from UPMC Enterprises, the innovation, commercialization, and venture capital arm of UPMC. UPMC Enterprises identifies and invests in technologies that address the most pressing challenges facing health systems and health...

COSTA MESA, Calif. & FREMONT, Calif.--(BUSINESS WIRE)--Astro Pak LLC (“Astro Pak”), a portfolio company of The Stephens Group, LLC (“Stephens Group”), is pleased to announce its acquisition of Clean Sciences, LLC (“Clean Sciences”), a precision cleaning services provider. The acquisition expands Astro Pak’s cleanroom footprint into Northern California, while also expanding its service capabilities and its semiconductor and defense end market expertise. Clean Sciences will supplement and complem...

SAN JOSE, Calif.--(BUSINESS WIRE)--NVIDIA GTC 2026 — Langsmart, the enterprise AI governance company, today announced the successful completion of a rigorous enterprise evaluation with a Fortune 200 financial institution. The testing confirms that Langsmart’s Smartflow platform delivers a 10.2x speedup in response times, achieving sub-300ms latency on standard, low-resource hardware. As enterprise adoption of AI gateways accelerates – with analysts projecting 70% of engineering teams will use t...

SAN JOSE, Calif.--(BUSINESS WIRE)--Hirundo, a Machine Unlearning platform provider, today announced it has joined the HPE Unleash AI partner program. Now, customers leveraging HPE’s portfolio of integrated AI solutions can use Hirundo’s machine unlearning capabilities to help identify, and remove, unwanted or sensitive training signals from AI models—supporting safety, compliance and model performance objectives across the AI lifecycle. Machine unlearning is the ability to make an AI model forg...

SAN FRANCISCO--(BUSINESS WIRE)--Daversa today announced the promotion of nine leaders to Managing Director: Connor Freeborn, Nicole Kaylor, Emma Mango, Danny Nilsen, Alana North, Angela Pezzello, Carly Rizzo, Brittany Rosenfeld, and Kendall Simmons. Together, they represent more than seven decades of experience building executive teams for venture-backed companies through critical stages of scale and hypergrowth. “Connor, Nicole, Emma, Danny, Alana, Angela, Carly, Brittany, and Kendall have ear...

SAN FRANCISCO--(BUSINESS WIRE)--The iGarden Swim Jet X Series has officially been unveiled as the world’s first AI-powered portable swim jet. Launched on Kickstarter on March 12th at 9:00 AM PDT, the X Series marks a fundamental shift in how we apply high-output propulsion to residential environments. Launch Day Giveaway (First 48 Hours): One (1) lucky backer who pledges within the first 48 hours of the campaign will be randomly selected to receive one (1) X Series unit from their order for FRE...

SAN FRANCISCO--(BUSINESS WIRE)--Olto today announced it has brought the core technology, intellectual property, and product roadmap of Hexus AI into its platform. With this acquisition, Olto now offers revenue teams a single platform of product-trained AI agents: purpose-built agents that know your product, your buyers, and what a specific person needs to understand at each step, covering the full arc from first impression through sales, adoption, and renewal. Why Hexus AI "It is a privilege to...

NEW YORK--(BUSINESS WIRE)--Rebar, a vertical AI platform building the core operating system for the HVAC, Electrical, and Plumbing industries, announced the closing of a $14 million Series A financing. The round was led by Prudence, an early-stage venture firm investing in vertical AI companies leading the global transformation of the built world, with participation from Zero Infinity Partners, Founder Collective, Villain Capital and Optimist Ventures. Rebar’s proprietary vertical AI platform a...

PLEASANTON, Calif. & SINGAPORE--(BUSINESS WIRE)--Brilliant Labs, a pioneer in open-source wearables ushering in the future of intelligent computing, and Alif Semiconductor, a leading global supplier of secure, connected, power-efficient Artificial Intelligence and Machine Learning (AI/ML) microcontrollers (MCUs) and fusion processors, today announced a strategic partnership to co-define silicon that will power Brilliant Labs’ next generation of AI-powered smart glasses. Brilliant Labs’ highly a...