Ashley Bowden

Chicago

News Reporter at Built In Chicago

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Articles

AI-Powered Agtech Company IUNU Raises $20M in Funding

1 week ago | builtinseattle.com | Ashley Bowden |With AI

IUNU, a Seattle-based agtech company, announced a $20 million funding round led by S2G Investments. The company’s LUNA platform leverages AI and machine learning to optimize greenhouse production for vine crops like tomatoes, cucumbers and peppers. IUNU aims to address key challenges in greenhouse agriculture, such as labor efficiency and resource management.
AI Innovator Safe Superintelligence Raises $2B at $32B Valuation

1 week ago | builtinsf.com | Ashley Bowden

A notable player in the AI space recently secured $2 billion in fresh funding. Co-founded by Ilya Sutskever, former chief scientist at OpenAI, Safe Superintelligence is a company focused on developing superintelligent AI technology that is intentionally safe for the humans using it, according to reporting by Tech Funding News. The company has yet to commercially launch its product.
Fern Raises $9M Series A to Build Open-Source Developer Tools

1 week ago | builtinnyc.com | Ashley Bowden

Fern, a company offering organizations API documentation and software development kits, announced a $9 million round of Series A funding. The investment was led by Bessemer Venture Partners and brings Fern’s total capital raised to $13 million. The company helps more than 150 organizations power their developer and agent experiences.
Cargado Raises $12M Series A to Fuel Product Development

2 weeks ago | builtinchicago.org | Ashley Bowden

Cargado, a Chicago-based logistics company, has secured $12 million in a Series A funding round. The investment was led by LGVP with participation from others, including Conversion Capital and Assembly Ventures. The money will help enhance product development and expand the company’s integrated cross-border freight marketplace. Cargado aims to simplify cross-border logistics by reducing friction and promoting collaboration among logistics providers and carriers.
Crypto Platform Blackbird Labs Raises $50M Series B Round

2 weeks ago | builtinnyc.com | Ashley Bowden

Blackbird Labs, a crypto company serving the hospitality industry, secured $50 million in Series B funding, according to reporting by Fortune. The round, led by Spark Capital, brings the company’s total funding to $85 million since its inception in 2022. Blackbird equips restaurants with a loyalty and payments app based on its original cryptocurrency $FLY. When users visit a restaurant in Blackbird’s network, they receive $FLY, which they can use to pay for their meals.
Thatch Secures $40M Series B to Modernize Healthcare Benefits

2 weeks ago | builtinsf.com | Ashley Bowden |With AI

Thatch, a company focused on healthcare system transformation, has secured a $40 million Series B funding round led by Index Ventures. The round also includes participation from Andreessen Horowitz, General Catalyst and other investors. The capital will help Thatch advance its mission of building a healthcare system that is personal and accessible for every American. The company’s platform allows employers to offer a more flexible and personalized healthcare experience to their employees.
AlertMedia Acquires Pyrra to Enhance Risk Intelligence Platform

2 weeks ago | builtinaustin.com | Ashley Bowden |With AI

AlertMedia, a provider of risk intelligence and critical event management solutions, has acquired Pyrra Technologies, a company known for its AI-enabled social media monitoring and intelligence platform.
High-Performance Computing Company Rescale Raises $115M Series D

2 weeks ago | builtinsf.com | Ashley Bowden

Rescale, a San Francisco-based company specializing in digital engineering solutions, announced a $155 million Series D funding round from investors like Applied Ventures and Atika Capital. As more companies in sectors like aerospace, energy, manufacturing, semiconductors and life sciences adopt high-performance computing applications, Rescale works to help them gain a competitive digital edge. Rescale integrates cloud computing tools with intelligent data management solutions and applied AI.
NinjaOne Appoints New Chief Revenue Officer

2 weeks ago | builtinaustin.com | Ashley Bowden

NinjaOne, a company offering endpoint management technology to enterprise businesses, announced the appointment of its new chief revenue officer. John Sapone joins the company from Snowflake, bringing two decades of revenue team leadership experience to his new role. Sapone led a team of hundreds during his tenure at Snowflake. In his role as senior vice president of sales, Sapone helped the company grow its revenue from $1 billion to $4 billion.
Energy Company Fourier Secures $18.5M Series A

2 weeks ago | builtinsf.com | Ashley Bowden

Fourier, a sustainable energy company, recently launched from stealth with an $18.5 million round of Series A funding, co-led by General Catalyst and Paramark Ventures. The company is working to solve energy challenges for industrial operations by delivering scalable engineering solutions. Fourier’s flagship product is an on-site hydrogen production system designed to modernize energy distribution and storage.