raised

TECH

LiveKit, which offers open-source tools for building apps to transmit real-time audio and video, raised a $45M Series B; LiveKit also powers ChatGPT Voice Mode (Kyle Wiggers/TechCrunch)

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TECH

nEye Systems, which is developing data center chips that use light to send data, raised a $58M Series B led by CapitalG, bringing its total funding to $72.5M (Stephen Nellis/Reuters)

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TECH

Solid, which offers APIs for banking, payments, cards, and crypto products and had raised $81M, files for Chapter 11, citing a “costly” lawsuit with FTV Capital (Mary Ann Azevedo/TechCrunch)

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Rescale, which develops engineering software to help simulate complex physical systems, raised a $115M Series D, bringing its total funding to over $260M (Stephen Nellis/Reuters)

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TECH

Paris-based Pennylane, which makes cloud-based accounting software, raised €75M, doubling its valuation to €2B, led by Sequoia and with Alphabet among investors (Ryan Browne/CNBC)

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TECH

SandboxAQ, which uses quantum computing to develop AI, raised a $150M Series E extension from Google, Nvidia, and others, taking its total funding to $950M+ (Krystal Hu/Reuters)

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TECH

Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly, with Coinbase, Circle, and others participating (Ben Weiss/Fortune)

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TECH

Redpanda, which offers companies AI-powered data analytics tools, raised a $100M Series D led by GV, with participation from Lightspeed, at a $1B valuation (Katie Roof/Bloomberg)

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TECH

Health care navigation startup Solace, which matches patients with advocates, raised a $60M Series B led by Menlo Ventures, after a $14M Series A in August 2024 (Jessica Hagen/MobiHealthNews)

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TECH

Brooklyn-based Underdog, a fantasy sports and sports betting app, raised $70M in a first Series C tranche at a $1.23B valuation from Spark Capital (Dan Primack/Axios)

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