TetraScience Secures $80M Series B, Rolls Out Open R&D Data Cloud

R&D Data Cloud

Data is unlocking opportunities across various industries, and now armed with $80 million in Series B funding, TetraScience aims to be the one to unlock experimental data for scientific and drug discovery. The Boston-based company is developing what it touts as the “world’s only cloud-native and open R&D data cloud for scientific discovery,” said Patrick Grady, chairman and CEO of TetraScience.

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Tiger Global, D1 lead $300 million round in AI Chip startup Groq

Chip Manufacture

Groq Inc., a semiconductor startup, said it raised $300 million in a round led by Tiger Global Management and D1 Capital.

The investment brings Groq’s total funding to $367 million and values the Mountain View, California-based company at more than $1 billion. The latest financing included other investors such as The Spruce House Partnership and Addition LP, the venture capital firm founded by former Tiger Global partner Lee Fixel.

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AI startup Razor Labs bypasses VC route, instead going public

Razor labs

AI startups based in Israel have had little difficulty raising venture funding. Some are now following the lead of their U.S. counterparts by going public. Among the first is industrial AI specialist Razor Labs, which also raised $36 million while launching an initial public offering

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Tiger Global just closed one of the biggest venture funds ever, with $6.7 billion

Peloton bike

If you watch funding announcements as we do, you may have noticed something this year. There are a lot of mega-rounds coming together, and Tiger Global is involved in a notable number of them, often as the round’s co-lead. Reportedly in talks to co-lead a $300 million round in a five-year-old, AI chipmaker called Groq.

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