Silicon Valley Investclub

24M Technologies 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟖𝟕 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 𝐚 $𝟏.𝟑 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 24M Technologies is a battery manufacturing and product design platform offering a more efficient, cost-effective, and sustainable alternative to traditional battery technologies. With a clear focus on innovation and environmental responsibility, 24M Technologies is set to power the future of clean energy and transportation. 24M Technologies has raised $87 million in a Series H funding round at a $1.3 billion valuation. The new round was led by Nuovo+, with participation from KYOCERA Global, Asahi Kasei, Dai Nippon Printing Company (DNP), Lucas TVS, and Mitsui O.S.K. Lines, Ltd.. In total, 24M Technologies has raised $500 million to date. 24M Technologies, Cambridge, Massachusetts, United States, was founded in 2010 by Throop Wilder, W. Craig Carter, and Yet-Ming Chiang. “24M Technologies has set forth to radically improve how the world manufactures and utilizes batteries, foremost with industry-leading safety, range, recyclability and performance,” said Naoki Ota, 24M Technologies President and CEO. “This investment underscores the confidence and value our partners and investors have in 24M Technologies and our vision for a better energy future. It puts us on the path to more quickly bring our groundbreaking innovations to market for the benefit of consumers and our partners alike.”

Rapido 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟐𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐇𝐢𝐭𝐬 𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐒𝐭𝐚𝐭𝐮𝐬 Rapido is a ride-sharing platform revolutionizing urban transportation by offering fast, affordable, and accessible bike rides. The company prioritizes safety with features like real-time tracking, emergency assistance, and mandatory helmets, making it a trustworthy choice for commuters seeking both speed and security. Rapido has raised $200 million in a Series E funding round led by existing investor WestBridge Capital, increasing the company's valuation to $1.1 billion. The round saw the participation of Venture Capital fund Nexus Venture Partners, with new backers Think Investments and New York-based Invus Opportunities. Rapido, Bangalore, Karnataka, India, was founded in 2015 by Aravind Sanka, Pavan Guntupalli, and Rishikesh SR. “With this new infusion of capital, we are eager to explore and expand our offerings…Over the past year, we've experienced significant growth, with our daily rides surging to 2.5 million,” noted Aravind Sanka, Co-founder of Rapido. By providing a budget-friendly, environmentally conscious, and efficient way to get around, Rapido is changing how people navigate cities and shaping the future of urban mobility.

Circle Pharma, Inc. 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟗𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 Circle Pharma, Inc. is a clinical-stage biopharmaceutical company focused on developing macrocyclic peptides, a class of therapeutics that offers enhanced stability, selectivity, and the ability to target challenging intracellular protein interactions that small molecules and traditional biologics often struggle to address. Circle Pharma, Inc. has raised $90 million in a Series D funding round. The financing was led by The Column Group with participation from new and existing investors, including Nextech Invest and EUCLIDEAN CAPITAL, LLC. Circle Pharma, Inc., San Francisco, California, United States, was founded in 2012 by Matt Jacobson and Scott Lokey. "We are grateful for the continued support of such a strong syndicate of investors as we advance our pioneering work in macrocycle therapeutics," said David J. Earp, JD, PhD, JD, Ph.D., CEO of Circle Pharma, Inc.. "This financing not only enables us to progress CID-078 through critical stages of clinical development but also allows us to further advance our pipeline of innovative therapies targeting cancer and other serious diseases."

Magic 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟑𝟐𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 Magic is an AI startup that provides tools aimed at assisting software engineers with coding, code reviews, debugging, and planning modifications. Magic has raised a substantial financial boost of $320 million. The new investment, led by former Google CEO Eric Schmidt and including contributions from Jane Street, Sequoia Capital, and Atlassian, brings Magic's total funding to $465 million. In addition to the new financing, Magic announced a partnership with Google Cloud to build two supercomputers equipped with NVIDIA’s latest GPUs. Magic, San Francisco, California, United States, was founded in 2022 by Eric Steinberger and Sebastian De Ro. “We are excited to partner with Google and NVIDIA to build our next-gen AI supercomputer on Google Cloud. NVIDIA’s GB200 NLV72 system will greatly improve inference and training efficiency for our models, and Google Cloud offers us the fastest timeline to scale, and a rich ecosystem of cloud services,” noted Eric Steinberger, CEO & Co-founder at Magic. With an expanding team and a focus on enhancing its technology, the company is establishing itself as a leader in the rapidly changing AI industry.

Codeium 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟏𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐇𝐢𝐭𝐬 𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐒𝐭𝐚𝐭𝐮𝐬 Codeium is an AI-powered coding assistant platform that employs advanced techniques in distributed computing, model compression, and automated scaling to significantly boost resource utilization. As AI continues to transform industries, Codeium’s innovative approach delivers up to a 10x improvement in efficiency and makes it a crucial tool for any organization looking to scale its AI capabilities while staying cost-effective. Codeium has raised $150 million in a Series C funding round, bringing the company’s valuation to $1.25 billion. The round was led by General Catalyst with continued participation from existing investors Kleiner Perkins and Greenoaks. Codeium, San Jose, California, United States, was founded in 2021 by Douglas Chen and Varun Mohan. “The future of coding isn’t just about writing lines of code faster — it’s about enabling developers to think bigger, push boundaries, and achieve the extraordinary,” said Varun Mohan, CEO of Codeium. “This fresh funding means we’re more equipped to help developers turn those ‘what ifs’ into ‘what’s next,’ having the freedom to innovate without limits and turn challenges into opportunities for growth.”

Parafin 𝐒𝐞𝐜𝐮𝐫𝐞𝐬 $𝟗𝟑 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐃𝐞𝐛𝐭 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 Parafin is a leading innovator in embedded finance that bridges the gap between financial services and e-commerce, enabling SMBs to access crucial resources to grow and thrive. Whether it's through online marketplaces, point-of-sale systems, or other digital platforms, Parafin seamlessly embeds lending, capital advances, and other financial tools where businesses need them most. Parafin has closed a $93 million debt facility with Jefferies and Trinity Capital Inc. Earlier this year, Parafin secured $125 million from Silicon Valley Bank and Trinity Capital Inc. Parafin, San Francisco, California, United States, was founded in 2020 by Ralph Furman, Sahill Poddar, and Vineet Goel. “Our goal is to solve small business financial services at scale. We do so by seamlessly integrating our products on platforms that small businesses use to run their operations. This new funding reflects the confidence that Jefferies and Trinity Capital have in our vision and our ability to innovate within the financial services space,” noted Sahill Poddar, CEO and co-founder of Parafin. As the digital economy continues to grow, Parafin provides essential resources to help small businesses scale without the usual hurdles of traditional financing.

HomeLight 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟐𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 HomeLight is a proptech platform aimed to streamline the complexities of real estate transactions, making the process more efficient, transparent, and tailored to individual needs. By analyzing factors like transaction history, pricing, and customer reviews, the platform provides highly personalized agent recommendations. HomeLight has raised $20 million in Series D extension funding. Zeev Ventures led the Series D extension and was joined by Stereo Capital and Menlo Ventures. In total, HomeLight has raised $762.5 million to date. HomeLight, Scottsdale, Arizona, United States, was founded in 2012 by BC Broussard, Drew Uher, and Jason Zhang. In 2021, the company joined the unicorn club. “We are deeply focused on building the tools and technology that solve the hardest problems that lenders face today in closing transactions,” said Drew Uher, founder and CEO of HomeLight. “So far, the response to Buy Before You Sell has blown away our expectations and we’re thrilled to add so much value to both our lender and agent partners as well as their clients.” The Buy Before You Sell financial product has significantly expanded its reach, now available in 47 states.

Cribl 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟑𝟏𝟗 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 𝐚 $𝟑.𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Cribl is a data infrastructure startup that provides solutions that break down the silos of data storage and access, enabling enterprises to freely move, process, and utilize their data without being constrained by its location or the platform it resides on. Cribl has raised $200 million in capital alongside a $119 million secondary offering, increasing the company’s valuation to $3.5 billion. The Series E round was led by GV (Google Ventures), joined by new investor CapitalG along with participation from existing investors GIC, IVP, and CRV. In total, Cribl has raised $600 million to date. Cribl, San Francisco, California, United States, was founded in 2018 by Clint Sharp, Dritan Bitincka, and Ledion Bitincka. In 2021, the company joined the unicorn club. "As practitioners who worked in this space for years, my co-founders and I know firsthand the challenges facing IT and Security as data grows exponentially. What worked over the last ten years simply cannot keep up with the needs of businesses today, let alone over the next ten years," said Clint Sharp, co-founder and CEO of Cribl. "We started Cribl to solve these real problems for real users. Today's funding proves the value in that approach. It's an incredible milestone, but only a step in our journey to create a generational company that will continue to evolve to meet our customers' needs."

TickPick 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟐𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 TickPick is an independent ticketing marketplace where users can buy, bid on, and sell tickets for sports events, concerts, theaters, and other live performances. With no service fees added, buyers are assured of transparent pricing, often making TickPick one of the more affordable options in the secondary ticket market. TickPick has raised $250 million from Brighton Park Capital and golfer Rory McIlroy’s investment partnership Symphony Ventures. The company intends to use the funds to boost its growth and scale operations. TickPick, New York, New York, United States, was founded in 2011 by Co-CEOs Brett Goldberg and Christopher O'Brien. “We're thrilled to announce our latest growth investment, which will help accelerate our ability to transform the ticketing industry,” said Christopher O'Brien, TickPick Co-Founder and Co-CEO. “We founded TickPick with the unwavering commitment to deliver a transparent and hassle-free ticket-buying experience for consumers. This investment will allow us to deepen this commitment by accelerating the pace of product innovation, raise our brand awareness, and reach more customers than ever before.”

Story 𝐏𝐫𝐨𝐭𝐨𝐜𝐨𝐥 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟖𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐭 $𝟐.𝟐𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Story Protocol is a developer of web3 technology leveraging decentralized technology to transform how narrative universes are built, owned, and expanded. By employing blockchain technology, Story Protocol ensures that contributions to a narrative universe are recorded, acknowledged, and rewarded in a transparent and immutable manner. Story Protocol has raised $80 million in a Series B round at a $2.25 billion valuation. The new round was led by Andreessen Horowitz, with participation from Polychain Capital and others. In total, Story Protocol has raised $140 million to date. Story Protocol, Bellevue, Washington, United States, was founded in 2022 by Jason Levy, Jason Zhao, and Seung Yoon Lee. "With Story, creators can embed licensing terms directly into their IP, ensuring that anyone who uses it must adhere to their rules," Lee said. "You’re declaring your sovereignty around the data. This is about saying, ‘Don’t mess with my data. This is my IP.'’ As the worlds of blockchain and storytelling converge, Story Protocol ensures the original creators are properly compensated and that any derivative works fall within established guidelines.