Groq, a leader in fast AI inference, has secured a $640M Series D round at a valuation of $2.8B. The round was led by funds and accounts managed by BlackRock Private Equity Partners with participation from both existing and new investors, including Neuberger Berman and Type One Ventures, and strategic investors, including Cisco Investments, Global Brain’s KDDI Open Innovation Fund III, and Samsung Catalyst Fund.
Savvy Wealth, the nation's leading advisors and firms—backed by modern technology—to change the future of wealth management officially announced a $26.5 million Series A funding round, led by Canvas Ventures with participation from Thrive Capital, Index Ventures, The House Fund, Alumni Ventures, Brewer Lane Ventures, and others, marking a significant step forward in becoming a digital-first platform and RIA for financial advisors everywhere.
Ema has secured Series A totals of $50 million in funding after adding $36 million in funding led by Accel and Section 32 with participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital, and Frontier Ventures. The company has raised $61M to date. Ema has more than tripled its customer base since it came out of stealth in March.
Applied Carbon has raised a $21.5 million Series A funding round led by TO VC, with participation from Congruent Ventures, Grantham Foundation, Microsoft Climate Innovation Fund, S2G Ventures, Overture.vc, Wireframe Ventures, Autodesk Foundation, Anglo American, Susquehanna Foundation, US Endowment for Forestry and Communities, TELUS Pollinator Fund for Good, and Elemental Excelerator.
Layer2 Financial, a Regulated Payments Infrastructure, has raised a $10.7 million Series A funding round led by Galaxy Ventures, with key participation from Accomplice. The new funding will accelerate Layer 2's mission to revolutionise the way money moves around the globe.
Spring Health announces a Series E funding round of $100 million with a valuation of $3.3 billion. Generation Investment Management led the round with participation from existing investors, including Kinnevik, the William K. Warren Foundation, RRE, and Northzone.
Graphyte, a leader in the durable carbon removal industry, announced the successful closing of a $30 million Series A funding round. The financing will be used to accelerate Graphyte’s innovative carbon dioxide removal technology and scale up its carbon removal operations.
Leaf Agriculture, the unified farm data API and largest farm data processing platform, announced the close of a $11.3 million Series A round, led by Spero Ventures. The funding round included participation from all existing investors. Andrew Parker has joined Leaf’s Board of Directors.
Pinetree Therapeutics, an emerging biotechnology company pioneering next-generation targeted protein degraders (TPD) to combat drug resistance in oncology and beyond, has secured Series A funding round, raising $17 million from new and existing investors.
