Funding News

PALO ALTO, Calif.--(BUSINESS WIRE)--Odyssey, an AI lab pioneering world models founded by self-driving car veterans, today announced a $310 million Series B at a $1.45 billion valuation. Natural Capital led the round, with participation from Amazon, AMD Ventures, GV, EQT, IQT and others. They join existing investors including Jeff Dean, Google’s chief scientist; Elad Gil; Qasar Younis, co-founder and CEO of Applied Intuition; Garry Tan, president and CEO of Y Combinator; Guillermo Rauch, founde...

SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading embedded financial infrastructure company named to the 2026 Forbes Fintech 50, today announced a new credit facility led by Goldman Sachs, alongside One William Street Capital Management, L.P.Building on Parafin's recent warehouse credit facility expansion with Silicon Valley Bank, EverBank, and Trinity Capital, the new facility will help extend access to embedded lending for more small businesses through the platforms they already use, includin...

NEW YORK--(BUSINESS WIRE)--Trace Finance, a regulated financial infrastructure company for cross-border payments and stablecoin settlement, today announced a $32 million Series A led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Crypto, Valor Capital, Paxos, HOF Capital and others. The funding will support Trace's expansion as it scales transaction capacity and extends its regulated infrastructure across additional high-growth corridors globally. Connecting the U.S...

LOS ANGELES--(BUSINESS WIRE)--Invisible Narratives, a leading entertainment company dedicated to helping digital creators build global franchises, announced today that it has secured long-term capital partnerships with Verance Capital, a growth-oriented private equity firm investing in media, sports, and entertainment, and funds managed by affiliates of BC Partners Credit, the credit arm of BC Partners. Founded in 2018 by Adam Goodman, former head of Paramount Pictures and DreamWorks Studios, w...

PALO ALTO, Calif.--(BUSINESS WIRE)--Spot Biosystems launches with $40M financing and world-first non-viral delivery of full-length dystrophin in animal models and human patients with DMD...

SAN FRANCISCO--(BUSINESS WIRE)--Convey, the enterprise AI platform that enables non-technical operators to build and manage digital teammates that execute business operations autonomously, today announced $38 million in Series A funding, led by Andreessen Horowitz (a16z) with continued participation from Khosla Ventures and Pear VC. As part of the investment, a16z Partner Joe Schmidt will join Convey's board of directors. The funding comes as demand for Convey's platform accelerates, with over...

LONDON & MONTREAL--(BUSINESS WIRE)--Behavox, the AI-native controls platform for global banks, asset managers, hedge funds, and commodity firms, today announced a $175 million preferred equity investment from investment funds and accounts managed by HPS Investment Partners, a leading global credit investment firm and a part of BlackRock (“HPS”). The completed investment positions Behavox to accelerate global growth, expand its Unified Controls Platform, and pursue disciplined M&A. With this...

MENLO PARK, Calif.--(BUSINESS WIRE)--Clario, the first platform built to eliminate enterprise data ROT, launched from stealth today with $6 million in seed funding. The round is led by Preface Ventures, with participation from Foster Ventures, Golden Sparrow, High Sage Ventures, Moment Ventures, Mentors Fund, Page One Ventures, Rain Capital, Ridge Ventures, and Transform VC, as well as angel investors Michael Callahan and Baris Aksoy. 78% of all stored enterprise data is unstructured, and conse...

NEW YORK--(BUSINESS WIRE)--SharonAI Holdings Inc. (NASDAQ: SHAZ) (“Sharon AI” or “the Company”), a leading Australian Neocloud, today announced a US$1.6 billion private placement financing, comprising: i) a private placement of approximately US$900 million, split between 6,719,896 shares of the Company’s common stock and pre-funded warrants to purchase 6,374,823 shares of the Company’s common stock, and ii) a private placement of US$700 million aggregate principal amount of 4.75% Convertible Se...

SINGAPORE & SAN FRANCISCO--(BUSINESS WIRE)--Gero secures $17M in new financing, bringing total funding to $34M to advance AI-driven drug discovery for aging and chronic diseases....