tech:

taffy

Foundation Capital Hires Anamitra Banerji

Anamitra_Banerji

[Techtaffy Newsdesk]

Former Twitter product manager Anamitra Banerji has been named a partner at Foundation Capital. Mr. Banerji spent the past year as an Entrepreneur-in-Residence (EIR) at Foundation Capital, where he served as a consultant in the investment process. He also helped launch Widescope, an early-stage research project at Stanford focused on crowd-sourcing federal and state budget deficit reduction.

In his new role, Mr. Banerji will focus on identifying and investing in startups in the communications, commerce, mobile and marketing technology sectors.

Prior to joining Foundation, Mr. Banerji co-founded an online health company in India and served in roles at Twitter and Overture (both before and after its Yahoo acquisition). He joined Twitter in March 2009 as its 30th employee and first product manager.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.