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February 17, 2024 - Deals
Meter Raises $35 Million Investment Led By Sam Altman And Lachy Groom
RAISE
IMAGE: Sam Altman, John Bicket, Anil Varanasi, Sanjit Biswas, Lachy Groom & Diane Greene
DATE: 02/14/2024
COMPANY: Meter
INVESTORS: Sam Altman, Sequoia Capital, Sanjit Biswas, Lachy Groom, John Bicket & Diane Greene
AMOUNT: $35,000,000
NOTE: Meter, a San Francisco internet infrastructure company led by CEO Anil Varanasi, secured $35M in funding. The round, led by Sam Altman and Lachy Groom, aims to accelerate growth for their Network as a Service (NaaS) solution. Meter simplifies network deployment and management through automation, providing visibility, configurability, and a centralized cloud-managed dashboard. They offer vertically integrated services from hardware development to ongoing maintenance, allowing customers like Brex and Stord to scale efficiently with reduced costs. This raise highlights the growing demand for simplified and automated network solutions for businesses.
HQ: #SanFrancisco #California
#VentureCapital #SamAltman #JohnBicket #AnilVaranasi #SanjitBiswas #LachyGroom #DianeGreene #Meter #TradedVC
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Glow Secures $180 Million Investment Led By Sequoia Capital At $1.2 Billion ValuationGlow, an Israeli cybersecurity startup, emerged from stealth with $180 million in total funding and a $1.2 billion valuation, making it an instant unicorn focused on securing corporate devices against AI-driven threats. The Palo Alto-headquartered company’s funding round was backed by Sequoia Capital, Cyberstarts, Greenoaks, Redpoint Ventures, and several other investors. Founded in 2025 by Roi Tiger, a former Meta vice president of engineering and co-founder of Onavo, Glow is developing an endpoint security platform that uses AI agents to monitor software, developer tools, and autonomous AI systems running on employee devices, helping organizations identify and prevent security risks in real time. The company says it already serves paying customers across healthcare, retail, and financial services while employing nearly 100 people across Israel and the United States.
FOUNDER: Roi Tiger
INVESTORS: Sequoia Capital, Cyberstarts, Greenoaks & Redpoint Ventures
AMOUNT: $180,000,000
VALUATION: $1,200,000,000
HQ: Palo Alto, California
#VentureCapital #Glow #RoiTiger #TradedVC
AMD Invests $5 Billion In AI Startup Anthropic And Partners With Microsoft For AI SolutionsAdvanced Micro Devices (AMD) has strengthened its position in the AI infrastructure market with two major agreements aimed at challenging Nvidia’s dominance. AMD signed a deal with Anthropic covering up to 2 gigawatts of next-generation Instinct MI450 AI chips, with deliveries expected to begin in the first half of 2027, and will invest up to $5 billion in the AI startup. The company also expanded its partnership with Microsoft, which plans to deploy AMD’s Helios Rackscale Solution on Azure for frontier AI model inference workloads beginning in the second half of 2026. Investors responded positively to the announcements, sending AMD shares up 8%, while CEO Lisa Su is set to highlight the company’s AI strategy at the Advancing AI 2026 conference in San Francisco.
FOUNDER: Jerry Sanders
AMOUNT: $5,000,000,000
HQ: Santa Clara, California
#VentureCapital #AdvancedMicroDevices #JerrySanders #TradedVC
Humanoid Secures €133 Million In Series A Round Led By Prime Movers LabHumanoid, a London-based AI and robotics company developing industrial humanoid robots, has raised €133 million in a Series A round at a €1.1 billion post-money valuation, making it Europe’s newest unicorn. The round was led by Prime Movers Lab, with participation from Schaeffler, Bosch, Fubon Financial Holding Venture Capital, and Aglaé Ventures, bringing the company’s total funding to €236 million. Founded in 2024 by CEO Artem Sokolov, Humanoid plans to use the new capital to accelerate development of its next-generation robotics platform, expand commercial deployments across industries such as manufacturing and logistics, scale production of its wheel-based humanoid robots, and further advance its proprietary AI system, KinetIQ.
FOUNDER: Artem Sokolov
INVESTORS: Prime Movers Lab, Schaeffler, Bosch, Fubon Financial Holding Venture Capital & Aglaé Ventures
ROUND: Series A
AMOUNT: $152,000,000
VALUATION: $1,300,000,000
HQ: London, United Kingdom
#VentureCapital #Humanoid #ArtemSokolov #TradedVC