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Verizon Invests In Search Company Q-Sensei

Search technology company Q-Sensei has secured new investment funding led by Verizon Ventures, a strategic venture capital subsidiary of Verizon Communications. The new investments include...

CloudBees Raises $11M

Enterprise Platform as a Service (PaaS) provider CloudBees has closed an $11.2 million Series C financing round. The investment was led by Verizon Ventures, the investment arm of Verizon. Existing investors Matrix Partners and Lightspeed Venture Partners, as well as new investor Blue Cloud Ventures, also participated.

Nami raises 10.5M (Singapore)

Singapore-based Artificial Intelligence of Things (AIoT) startup Nami has raised $10.5 million in a Series A funding round.

SparkCognition raises $32.5M

Austin-based machine learning startup SparkCognition has closed a $32.5 million Series B funding round. The investment was led by Verizon Ventures with participation from...

Verdigris raises $6.7M

Artificial intelligence company Verdigris has raised $6.7 million, in a Series A extension round. The investment was led by Jabil, with Verizon Ventures also participating. Other investors...

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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.