Built In SF

3 days ago | builtinsf.com | Abel Rodriguez

After 18 months of behind-the-scenes work, San Francisco-based startup Kenzo Security is emerging from stealth with a funding announcement and a new agentic AI security platform. The raise amounted to $4.5 million and came from The General Partnership, a San Francisco venture capital group, and Michael Coates, former chief information security officer for Mozilla and X, then known as Twitter, according to a news release.

1 week ago | builtinsf.com | Abel Rodriguez

Popular ride-hailing platform Lyft is expanding into Europe with the acquisition of FREENOW, a German-based company. FREENOW, similar to Lyft, operates a ride-hailing platform that covers nine countries and 150 cities, including Austria, France, Germany and Spain. According to Lyft, FREENOW also has strong relationships with local regulators and fleet operators, which will complement its tech-focused platform during its largest expansion to date.

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.

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.

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.