Venture Capital News

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...

NEW YORK--(BUSINESS WIRE)--Signaling a major industry shift, leading FP&A software provider Datarails has declared that traditional FP&A software is dead, as AI-era finance teams increasingly demand speed, flexibility and the ability to leverage modern AI tools – something closed enterprise software was never designed to provide. Datarails has released FinanceOS, an AI-ready financial operating system that enables companies to consolidate and collect all of their financial and operation...

LITTLE ROCK, Ark.--(BUSINESS WIRE)--SG Promotes Jens Talbert and Blake Tilley to Principal...

SINGAPORE & LAS VEGAS--(BUSINESS WIRE)--Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), a pioneer of software infrastructure for quantum applications, has recently achieved a number of important milestones as it seeks to complete its proposed business combination (the “Business Combination”) with dMY Squared Technology Group, Inc. (“dMY”) (OTC: “DMYY”, “DMYYU” and “DMYYW”). “Horizon has made great progress in recent months in strengthening our operations and governance and further adva...

MENLO PARK, Calif.--(BUSINESS WIRE)--Dify, an open-source platform that helps teams build, deploy, and operate production-grade AI applications and agentic workflows, today announced it has raised $30 million in Series Pre-A funding at a $180 million valuation. The round was led by HSG, with participation from GL Ventures, Alt-Alpha Capital, a new spin-out from Bessemer Venture Partners, 5Y Capital, Mizuho Leaguer Investment and NYX Ventures. As organizations move from AI experimentation to pro...

SINGAPORE--(BUSINESS WIRE)--Horizon Quantum Holdings Ltd. (“Horizon Quantum”), which will become the holding company of Horizon Quantum Computing Pte. Ltd., a pioneer of software infrastructure for quantum applications, today announced expected new members of its board of directors and a key addition to its leadership team. Following the completion of Horizon Quantum’s merger (the “Business Combination”) with dMY Squared Technology Group, Inc. (“dMY”), the company expects to make the following...