Asset 26AI
Series C, VC Transactions

United Airlines Invests in Carbon Transformation Firm Twelve

United Airlines has made an investment in Twelve, a developer of technologies that produce sustainable aviation fuel (SAF) from carbon dioxide and water using renewable energy. Twelve’s carbon transformation technologies—modeled after photosynthesis—convert carbon dioxide, water,…

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Seed, VC Transactions

Uviquity Exits Stealth with $6.6 Million Seed Round

Uviquity, a photonics startup developing chip-scale far-UVC disinfection technology, has exited stealth mode with $6.6 million in seed funding. The round was led by Emerald Development Managers, with participation from AgFunder and MANN+HUMMEL. Uviquity is…

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Series A, VC Transactions

Insight Leads Glass Imaging’s $20 Million Series A

Glass Imaging has raised $20 million in a Series A funding round led by Insight Partners, with participation from GV, Future Ventures, and Abstract Ventures. Glass Imaging is a developer of artificial intelligence-based imaging systems…

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Series B, VC Transactions

Lockheed Martin Leads New Round for Rocket Engine Maker X-Bow

X-Bow Systems, a maker of solid rocket motors and defense technologies, has closed a Series B funding round with more than $105 million in new capital to expand its production capabilities. X-Bow develops and manufactures…

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Raiven Capital Launches $100 Million Climatech Fund

Raiven Capital has launched Raiven Climatech (Fund RC), a $100 million fund to invest in early-stage startups developing digital infrastructure to address climate and sustainability challenges.  The new fund is anchored by Frog Lake First…

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Smith Point Closes Inaugural Fund

Smith Point Capital Management has held a final and above target close of its inaugural fund, Smith Point Capital Fund I LP, with more than $360 million in capital commitments. Smith Point’s original target for…

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Telescope Adds John Lyman to Venture Team

Telescope has named former Google Ventures partner John Lyman as a managing partner of the firm to lead its early-stage venture investing efforts. Telescope was founded to invest in companies that leverage artificial intelligence and…

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Other VC Transactions, VC Transactions

SiFly Exits Stealth

SiFly has exited stealth mode and has unveiled a new class of NDAA-compliant industrial drones with up to four times the endurance and ten times the range of current commercial platforms. SiFly’s technology has the…

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Quick Bytes, Seed

Atlas Data Storage Secures $155 Million in Seed Funding to Develop DNA-Based Data Storage Solutions

Atlas Data Storage, Inc., a South San Francisco-based tech company, has announced the closure of a substantial $155 million seed funding round. The investment will support the company’s efforts to develop and commercialize DNA-based data…

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Quick Bytes, Series A

RightRev Secures $13 Million in Series A Funding to Enhance Revenue Management Solutions

RightRev, a company specializing in automated revenue management, has successfully closed a $13 million Series A funding round. This recent financial injection, co-led by Cheyenne Ventures and Innovius Capital, also saw participation from existing investors…

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Asset 27space Tech