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NetBox Labs raises $20M

New York-based complex networking company NetBox Labs has raised $20 million in Series A funding.

Former Roblox music chief joins Napster as CEO to steward its evolution into Web3 — Forbes

Napster is also currently in the midst of a new funding round with participation from new backers including SkyBridge Capital, Alumni Ventures, Borderless Capital...

Neural Magic raises $30M

Neural Magic has raised a $30 million Series A funding round.

Solo.io raises $23M

Solo.io has raised $37 million to date. 

Kernel raises $53M

Kernel has raised $53 million in a Series C round of venture financing.

Recent posts

Series A

Tembo raises $14M

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

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. 
Fundings

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.
Around the web

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. 
IT

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.