Weekly Tech Pulse
From Cybersecurity Startup Chainguard Landing $356M to Solar Power Servicing Company Omnidian Raising $87M to Spark Growth
US & International Startup & Tech News
Cybersecurity Startup Chainguard Lands $356M, Now Valued at $3.5B
Chainguard, a cybersecurity firm specializing in secure software supply chains, has raised $356 million in a Series C funding round, boosting its valuation to $3.5 billion. The company plans to use the funds to expand its product offerings and scale operations to meet growing demand for software security solutions.
Source: GeekWire
Solar Power Servicing Company Omnidian Raises $87M to Spark Growth
Omnidian, a company providing solar system protection plans, has raised $87 million to expand its services. The funding will support the company's mission to ensure the performance and longevity of residential and commercial solar installations.
Source: GeekWire
Vibe Coding Helps Supabase Nab $200M at $2B Valuation Just Seven Months After Its Last Raise
Supabase, an open-source Firebase alternative, secured $200 million in Series D funding, reaching a $2 billion valuation just seven months after its previous funding round. The company attributes its rapid growth to the rising demand for developer-friendly backend solutions.
Source: TechCrunch
Ex-Meta Engineer Raises $14M for Lace, an AI-Powered Revenue Generation Software Startup
Health tech startup Superpower has secured $30 million in Series A funding to develop a comprehensive health application. The app aims to integrate various health services, offering users a centralized platform for managing their well-being.
Source: TechCrunch
Interlune Grant to Texas Center for Simulated Moon Dirt
Safe Superintelligence, co-founded by OpenAI's Ilya Sutskever, is reportedly valued at $32 billion, despite having no revenue or immediate product plans, highlighting investor confidence in its mission to develop safe AI.
Source: GeekWire
Portland Startup Graze Raises $1M to Help People Build Bluesky Feeds
Topgolf founders Steve and Dave Jolliffe raised $34 million for Poolhouse, a tech-enhanced pool experience aiming to modernize the traditional game with digital tracking and interactive features.
Source: GeekWire
LATAM Startup & Tech News
Peopleforce Raises $5.4 Million to Grow in Argentina and Hire Personnel
HR tech platform Peopleforce has raised $5.4 million in a pre-Series A round to expand its operations in Argentina and other Latin American markets. The funds will be used to enhance local teams, develop region-specific automation features, and invest in AI-driven HR solutions.
Source: India Network News
With $110 Billion COP Granted by BBVA, Bayport Will Provide More Loans to Colombians
Bayport Colombia has received $110 billion COP from BBVA, backed by the National Guarantee Fund, to increase loan offerings to underserved Colombians. The initiative focuses on providing financial access to individuals without credit history or those excluded from traditional banking.
Source: El Espacio Digital
Toku Breaks Record with the Largest Amount in Latin America for a Female-Led Startup
Chilean fintech Toku has set a record by raising $10 million, marking the largest funding round for a female-led startup in Latin America. The company plans to use the funds to expand its payment solutions across the region.
Source: Forbes Centroamérica
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