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Fungible raises $200M

Santa Clara, Calif.-based data-centric computing company Fungible has closed $200 million in a Series C financing round.

Mythic raises $30M

Mythic has raised $30 million in Series B-1 funding.

Lemonade raises $300M

Lemonade, an insurance company powered by artificial intelligence and behavioral economics, has raised a $300 million Series D funding round.

Pliops raises $30M

Ramat Gan, Israel-based cloud storage solutions Pliops has raised $30 million in a Series B funding round.

Mobile telematics provider Cambridge Mobile Telematics raises $500M

Mobile telematics and analytics provider Cambridge Mobile Telematics (CMT) has raised a $500 million investment from the SoftBank Vision Fund. 

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.