China’s robotaxi darlings apply the brakes

Trending Companies

Rabbit, a company developing a personalized operating system that feels more intuitive, friendly, and powerful, raises $10MM Series A from Khosla Ventures.

Human Computer Interaction • Los Angeles, CA • Post-Money Valuation

Standard Biocarbon, a company that manufactures near-pure carbon commodity for farming and construction, raises $5MM Seed from Nexus Development Capital.

Agricultural • Portland, ME • Post-Money Valuation

Vestwell, a company that provides a cloud-based digital recordkeeping platform for workplace savings and investing programs, such as 401(k) and 403(b) retirement plans, raises $125MM Series D from Lightspeed Venture Partners.

Fintech • New York, NY • Post-Money Valuation

Base Operations, a company that develops a threat intelligence platform for risk mitigation, raises $9.1MM Series A from Grotech Ventures.

Security • Washington, DC • Post-Money Valuation

Enterin, a company that develops drugs for patients with neurodegenerative disorders, raises $5.1MM Series D from Undisclosed investors.

Biopharmaceuticals • Philadelphia, PA • Post-Money Valuation

ElastiFlow, a company that provides comprehensive network flow analytics, offering detailed insights into network traffic flows, source and destination IP addresses, ports, protocols, and data volumes, raises $3MM Seed from Venture Guides.

Traffic Control • Oakland, CA • Post-Money Valuation

Claim, a platform developer that offers a social application that enables users to earn cash back, exchange rewards, and shop at various brands while fostering a community-driven experience, raises $4MM Seed from Sequoia Capital.

Gamification • Boston, MA • Post-Money Valuation

Lyndra Therapeutics, a biotechnology company pioneering a novel technology platform that transforms daily pills into once-weekly to monthly oral treatment options, raises $101MM Series E from Sarissa Capital Management. 

Biopharmaceuticals • Watertown, MA • Post-Money Valuation

Loyal Hospitality, a cloud kitchen company providing an innovative platform for cooking, fostering creativity, and facilitating connections within the culinary space, raises $65MM Series C from Finnest.

Kitchen • Karnataka, Bangalore

Atavistik Bio, a biopharmaceutical company that focuses on the discovery and development of novel therapies for metabolic diseases and cancer, raises $40MM Equity Funding from The Column Group.

Biopharmaceuticals • San Francisco, CA • Post-Money Valuation