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Pliops Closes $65M Funding Round to Skyrocket Data Center Efficiency, Starts Countdown to Product Launch

SAN JOSE, Calif., Feb. 26 (Korea Bizwire) – Technology innovator Pliops announced today that it has closed a $65 million oversubscribed funding round, led by Koch Disruptive Technologies (KDT). All current investors, including State of Mind Ventures (SOMV), Viola Ventures, Intel Capital, SoftBank Ventures Asia, Expon Capital, Western Digital, Xilinx, and Sweetwood Capital participated, with NVIDIA increasing its share. This news positions Pliops for its goal: delivering game-changing value for enterprise [...]

TigerGraph Raises $105 Million to Accelerate Graph Analytics on the Cloud

SINGAPORE, Feb. 22 (Korea Bizwire) – TigerGraph, provider of the leading graph analytics platform, today announced it has raised $105 million in Series C funding, the largest funding round to date within the graph database and analytics market. The round was led by Tiger Global and brings TigerGraph’s total funding raised to over $170 million. TigerGraph [...]

TigerGraph Raises $105 Million to Accelerate Graph Analytics on the Cloud

REDWOOD CITY, Calif., Feb. 17 (Korea Bizwire) – TigerGraph, provider of the leading graph analytics platform, today announced it has raised $105 million in Series C funding, the largest funding round to date within the graph database and analytics market. The round was led by Tiger Global and brings TigerGraph’s total funding raised to over $170 [...]

LM Industries Announces $15M Funding from SPARX Group to Deliver Olli to Customers and Consumers

SAN FRANCISCO, Oct. 15 (Korea Bizwire) — LM Industries, the parent company of Local Motors – the world’s first and only digital vehicle manufacturer – today announced a $15 million raise from Mirai Creation Fund II (managed by SPARX Group Co., Ltd, the Japanese asset management firm). This financing will help Local Motors deliver Olli [...]

Beyond Limits Raises $133M Series C Investment to Drive Global Expansion of AI Technology

LOS ANGELES, Sept. 22 (Korea Bizwire) – Beyond Limits, an industrial and enterprise-grade AI technology company built for the most demanding sectors, including energy, utilities and healthcare, today announced a milestone Series C funding round with $113 million closed and another approximately $20 million committed. This round is led by Group 42, a prominent AI and cloud [...]

Mirakl Raises $300M to Enable the Future of Commerce

PARIS and BOSTON and LONDON and MUNICH, Germany and BARCELONA, Spain and SÃO PAULO, Brazil, Sept. 22 (Korea Bizwire) – Mirakl, the only marketplace SaaS platform that empowers both B2B and B2C organizations to launch and grow an enterprise marketplace at scale, today announced that it has raised $300 million led by Permira, with participation from [...]

Sun Genomics Announces Close of Series A Financing and Growth with New Talent and Scientific Advisor

SAN DIEGO, Sept. 16 (Korea Bizwire) – Sun Genomics, the direct-to-consumer custom probiotics and gut health company, announced today the close of $9.25 million in Series A funding. The round was led by Pangaea Ventures with new investments from Orion Fund, managed by K3 Ventures, and Emerging Technologies Partners. Additional investors include Danone Manifesto Ventures, SOSV, Human Longevity, and Nascita Ventures. “Among the [...]

Employment Insurance May Face Depletion This Year on Virus

SEOUL, June 4 (Korea Bizwire) — South Korea’s state employment insurance scheme could run out of money this year if the novel coronavirus continues to hit the country’s job market until year-end, a report said Thursday. The report from the National Assembly Budget Office estimated that the number of unemployment benefit recipients could reach 1.84 [...]

iTeos Therapeutics Closes $125 Million Series B2 Financing

Cambridge, MA and Gosselies, Belgium – April 1 (Korea Bizwire) – iTeos Therapeutics Inc., a privately-held clinical-stage biotechnology company developing innovative cancer immunotherapies, announced today the closing of an oversubscribed Series B2 financing, which raised a total of $125 million. The Series B2 financing round was co-led by RA Capital Management and Boxer Capital, and [...]

Diligent Robotics Announces $10M Series A Funding

AUSTIN, Texas, March 20 (Korea Bizwire) – Diligent Robotics, the A.I. company building socially intelligent robots for the future of work, announced that it has raised a $10 million series A investment, led by DNX Ventures, and participation from existing investors True Ventures, Ubiquity Ventures and Next Coast Ventures; E14 Fund, Promus Ventures, and Grit Ventures [...]