Blue J Follows Legora Alliance With $176m Raise
Blue J, the tax research platform, has announced a $176m Series E raise led by JMI Equity, which values the company at $700m. The announcement …
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MIT-led team receives funding to develop next-generation alternatives to modern weed killers
MIT researchers will lead an up to $53 million effort, awarded by the U.S. Advanced Research Projects Agency for Health (ARPA-H) as part of its STREAM (Systems for Tracking and Resilience in Efficient Agricultural-input Management) program, to develop next-generation weed killers that help farmers and protect human health. More than 1 billion pounds of herbicide are
Legora Raises $550m at $8.8Bn Valuation
Breaking News: Legora has raised a $550 million Series E at an $8.8 billion post-money valuation. The round was led by Atreides Management, with participation …
MIT Transit Lab to develop an AI platform for public transit agencies
Google.org announced on Sept. 15 that the MIT Transit Lab is a recipient of $2.1 million in funding — one of only 15 projects selected in the worldwide Google.org Impact Challenge: AI for Government Innovation. The funding from Google’s philanthropic arm will support NGOs, social enterprises, and academic institutions as they integrate artificial intelligence-powered solutions across
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Chamelio Raises $26m Series A
Chamelio, an AI-native platform for inhouse legal teams, has announced a $26 million Series A raise led by Entrée Capital, with participation from existing investors …
Harvey Raises $550m at $15.5bn Val, Buys Guardrails AI
Harvey has announced a $550m funding round at a $15.5B valuation, co-led by Diffusion and Lightspeed Venture Partners. It has also bought San Francisco-based Guardrails …
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CloudNC aims to accelerate AI supply chain machining
CloudNC has secured $20 million in new capital to scale its AI precision machining technology across global supply chain networks. The investment round was led by US venture investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin. Founded in 2015, CloudNC operates from
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XPENG IRON humanoid robot draws record physical AI funding
XPENG’s physical AI unit has secured over $900 million at a $6.3 billion valuation to scale its IRON humanoid robot platform. The Chinese electric vehicle maker announced the funding round for its robotics business through a set of share purchase agreements with multiple investors. XPENG says the deal represents the largest single-round private capital raise
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Newcode Raises $13.5m, Relativity Invests
Newcode, a ‘configurable AI harness’ for law firms has raised $13.5m in its Series A, with Relativity’s investment arm Rel Labs joining the round. See …
Aloi Raises $7m For ‘Organisational Judgment’ + CEO Interview
Aloi has raised $7m in early funding to develop what it calls ‘organisational judgment’, in order to improve legal AI outcomes. (See in-depth AL interview …
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