Series C Funding Announcements

Fireworks AI raised $250 million in Series C funding to scale its AI inference platform, positioning itself as an independent alternative to tightly coupled cloud AI services.

d-Matrix, a Santa Clara–based AI chip startup, secured $275 million in Series C funding, valuing the company at approximately $2 billion. The funding will support manufacturing scale-up, global expansion, and cloud and enterprise deployments.

Scribe, a San Francisco-based enterprise software startup, raised $75 million in a Series C funding round at a $1.3 billion valuation to launch its new AI-powered workflow mapping platform.

CoLab, an AI startup modernizing the engineering design process, raised $72 million in Series C funding to accelerate its vision of AI-assisted hardware development.

Hippocratic AI, a health technology startup building patient-facing AI agents, secured $126 million in Series C funding to expand its suite of clinical and administrative tools for hospitals and insurers.

Fireworks AI, a healthcare AI company focused on newborn genomics, secured $250 million in its Series C round. The financing, led by Lightspeed Venture Partners, Index Ventures, and Evantic Capital, also included participation from Sequoia Capital and other existing backers. This round values Fireworks at about $4 billion.

Fireworks AI, a California-based startup founded by former engineers from the team behind PyTorch, raised $250 million in a Series C round at a $4 billion valuation. The company offers an AI-inference cloud platform that enables enterprises to deploy and optimize open-source models at scale; its clients reportedly include Uber, Shopify, and other major tech firms.

Sensi.AI, a Palo Alto-based startup, secured $45 million in a Series C round led by Qumra Capital. The company's 'Care Intelligence' platform uses AI and audio analytics to monitor seniors' health and predict care events, enabling assisted-living providers to automate operations.

Defense AI startup Helsing raised $487 million in a Series C round, planning Baltic expansion to combat Russian threat.

Findem, an AI talent acquisition and management startup based in San Francisco, raised $51 million in funding, including a $36 million Series C and $15 million growth loan. The company uses '3D talent data' and labeled datasets to surface and engage top candidates, differentiating itself from traditional recruiting tools.