Union Square Ventures

Anon Debuts Integration Platform for the Internet with $6.5M Funding

Retrieved on: 
Wednesday, April 24, 2024

Anon, a revolutionary developer platform empowering secure AI access and control to user accounts online, today announces $6.5M in funding and a powerful toolkit that unlocks the full potential of AI applications.

Key Points: 
  • Anon, a revolutionary developer platform empowering secure AI access and control to user accounts online, today announces $6.5M in funding and a powerful toolkit that unlocks the full potential of AI applications.
  • Anon removes this barrier with its comprehensive developer toolkit, empowering AI agents to integrate with the internet on a far greater scale.
  • By empowering developers to create "mini virtual assistants" for specific tasks, Anon will transform the way that users delegate their digital lives.
  • The end market for Anon encompasses the entire universe of AI-powered actions, which will reduce friction and improve automation across the internet.

Hume AI Announces $50 Million Fundraise and Empathic Voice Interface

Retrieved on: 
Wednesday, March 27, 2024

Hume AI (“Hume” or the “Company”), a startup and research lab building artificial intelligence optimized for human well-being, today announced it has raised a $50M Series B.

Key Points: 
  • Hume AI (“Hume” or the “Company”), a startup and research lab building artificial intelligence optimized for human well-being, today announced it has raised a $50M Series B.
  • In connection with the fundraise, Hume AI has released a beta version of its flagship product, an Empathic Voice Interface (EVI).
  • With a single API call, developers can integrate EVI into any application to create state-of-the-art voice AI experiences.
  • Sinai have demonstrated.”
    The growing Hume AI team currently comprises 35 leading researchers, engineers, and scientists advancing Dr. Cowen’s work on semantic space theory.

Viam Announces $45M Series B Funding for Revolutionary Software Platform Accelerating AI, Data, and Innovation in Robotics, IoT, and Smart Machines

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- Viam, the software platform for smart machines, today announced that it has closed $45 million in Series B financing. The round includes participation from continuing investors, Union Square Ventures and Battery Ventures. The financing brings Viam's total funding to $87 million.

Key Points: 
  • NEW YORK, March 26, 2024 /PRNewswire/ -- Viam , the software platform for smart machines, today announced that it has closed $45 million in Series B financing.
  • Viam, the software platform for smart machines, announced that it has closed $45 million in Series B financing.
  • Viam is a fully modular, interoperable, and open source software solution that works seamlessly across all hardware and any fleet of machines.
  • The latest funding will enable Viam to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.

BLIXT Secures €5 Million Funding to Revolutionize Electrical Infrastructure

Retrieved on: 
Wednesday, March 20, 2024

This investment positions BLIXT for dynamic growth and accelerates its mission to revolutionize electrical infrastructure.

Key Points: 
  • This investment positions BLIXT for dynamic growth and accelerates its mission to revolutionize electrical infrastructure.
  • The existing electrical infrastructure, built on outdated mechanical components, lacks the flexibility and adaptability required for modern energy needs.
  • "To fully unlock our zero-carbon future, its urgent to address the limitations of our antiquated electrical infrastructure.
  • Together, BLIXT Zero and X-Verter® provide a comprehensive approach to upgrading electrical infrastructure.

BLIXT Secures €5 Million Funding to Revolutionize Electrical Infrastructure

Retrieved on: 
Wednesday, March 20, 2024

This investment positions BLIXT for dynamic growth and accelerates its mission to revolutionize electrical infrastructure.

Key Points: 
  • This investment positions BLIXT for dynamic growth and accelerates its mission to revolutionize electrical infrastructure.
  • The existing electrical infrastructure, built on outdated mechanical components, lacks the flexibility and adaptability required for modern energy needs.
  • "To fully unlock our zero-carbon future, its urgent to address the limitations of our antiquated electrical infrastructure.
  • Together, BLIXT Zero and X-Verter® provide a comprehensive approach to upgrading electrical infrastructure.

Abridge Emerges as a Healthcare AI Leader, Raising $150M to Accelerate R&D

Retrieved on: 
Friday, February 23, 2024

This raise comes just 4 months after their $30M Series B , and is one of the largest funding rounds made to date in generative AI for healthcare.

Key Points: 
  • This raise comes just 4 months after their $30M Series B , and is one of the largest funding rounds made to date in generative AI for healthcare.
  • Today, Abridge also announced a new enterprise agreement with the Yale New Haven Health System, the largest and most comprehensive healthcare system in Connecticut, that will give thousands of clinicians access to Abridge for clinical documentation.
  • Yale New Haven Health has selected Abridge as their generative AI partner in this area of ambient listening.
  • CTO Zack Lipton , a widely cited Associate Professor at Carnegie Mellon and pioneer in responsible AI research, has assembled the strongest research team in healthcare AI.

Anthro Closes $20M Series A Financing and Completes UN 38.3 Battery Certification

Retrieved on: 
Thursday, February 29, 2024

SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Anthro Energy today announced two major milestones: the closing of an over-subscribed $20M Series A financing round and completion of UN 38.3 battery certification, a key global safety standard for lithium battery transport. Collaborative Fund led the financing, with significant participation from existing investors including Union Square Ventures, Emerson Collective, and Voyager Ventures. Energy Revolution Ventures, Ultratech Capital Partners, Nor'easter Ventures, and Overlap Holdings also participated in the round. The funds will be used to build a Bay Area-based pilot production facility to commercialize and scale Anthro's advanced battery technologies.

Key Points: 
  • SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Anthro Energy today announced two major milestones: the closing of an over-subscribed $20M Series A financing round and completion of UN 38.3 battery certification, a key global safety standard for lithium battery transport.
  • However, modern lithium-ion batteries face an inherent challenge: enhancing battery performance comes at the cost of battery safety and stability.
  • Today, Anthro also announced the successful completion of the UN 38.3 certification for battery cells that contain their proprietary polymer electrolyte.
  • Anthro will use the Series A financing to expand their team and build a pilot-scale production facility in the Bay Area.

Beta Boom Closes $14.5 Million Fund II to Invest in Software Solutions for Fastest-growing, Yet Least Served Populations

Retrieved on: 
Tuesday, February 13, 2024

SALT LAKE CITY, Feb. 13, 2024 /PRNewswire-PRWeb/ -- Beta Boom, a pre-seed and seed stage venture capital firm committed to achieving impact at scale, has closed a $14.5 million Fund II raised by Managing Partners Kimmy and Sergio Paluch. With Limited Partners that include Ally Bank, Pivotal Ventures (A Melinda French Gates Company), Bank of America, and Atento Capital, the fund will support early-stage startups that address the most critical needs of the fastest-growing, yet least-served populations.

Key Points: 
  • Pre-seed and seed stage VC firm Beta Boom has closed a $14.5 million Fund II with limited partners including Ally Bank, Pivotal Ventures, Bank of America, and Atento Capital.
  • This fund will support early-stage startups that address the most critical needs of the fastest-growing, yet least-served populations.
  • SALT LAKE CITY, Feb. 13, 2024 /PRNewswire-PRWeb/ -- Beta Boom , a pre-seed and seed stage venture capital firm committed to achieving impact at scale, has closed a $14.5 million Fund II raised by Managing Partners Kimmy and Sergio Paluch.
  • "The closing of this fund allows us to continue investing in software startups that not only solve real and meaningful problems, but that also have strong market potential.

Abridge Announces “Abridge Inside” with Epic Integration from Haiku to Hyperdrive

Retrieved on: 
Tuesday, February 13, 2024

Abridge, the leader in evidence-based generative AI for clinical documentation, today announced Abridge Inside—a new offering embedded inside standard Epic workflows.

Key Points: 
  • Abridge, the leader in evidence-based generative AI for clinical documentation, today announced Abridge Inside—a new offering embedded inside standard Epic workflows.
  • From recording patient conversations in Haiku to embedding AI-generated notes within the patient chart in Hyperdrive, clinicians will be able to harness the power of Abridge from start to finish without ever leaving Epic.
  • Both Abridge and Epic see ambient listening as a core component of a broader push to help providers improve the care experience with generative AI.
  • Abridge, led by a practicing cardiologist—Shiv Rao (CEO, co-founder)—will bring its purpose-built AI technology directly inside Epic.

Teamshares Increases Acquisition Capacity By 50%, Funding Growth To 150+ Employee-Owned Small Businesses

Retrieved on: 
Thursday, February 1, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Teamshares Inc., the market leader for small business employee ownership, has announced a cumulative $225 million in debt financing, including a just-closed $75 million debt facility with Sound Point Capital and a previously unreported $150 million debt facility with i80 Group. The new financing will enable Teamshares to expand from 89 to 150+ businesses, while continuing to build financial and employee ownership products to support its growing network of employee-owned companies and the people who power them.

Key Points: 
  • "Adding Sound Point Capital to Teamshares' lender base significantly accelerates our progress in scaling small business employee ownership," said Michael Sutherland Brown, Cofounder and CEO of Teamshares.
  • Since completing its Series D, Teamshares has continued to expand its employee ownership model to small businesses across the U.S., and launched four network-exclusive products, including a neobank, charge cards, business insurance, and health insurance.
  • We're proud to play a part in expanding employee ownership with Teamshares in the small business landscape," said Philip Bartow, Managing Director, Sound Point Capital.
  • Founded in 2019, Teamshares is an employee ownership platform for small business.